Anybody Buying Yet? Where’s the Bottom?

[jryoung]

So much pegging going on.

Added a bit of GOOG and DVY today to my existing positions.

 

[longbow51]

For the first time in a while, as interest rates fall, I'm back in (dividend producing stocks), so beware, a recession is likely eminent

 

[Treeshark]

I’m just glad the market tumult is finally behind us for good. That was getting a little crazy.

 

[Straight Arrow]

market tumult is finally behind us for good.

 

[Straight Arrow]

GOOG and DVY today to my existing positions.

Good for you???? Whatever you're talkin' about! ?????

 

[BigHornRam]

Oil fever is breaking.

Exxon Mobil and Chevron Fall 5%: What Iran’s President Just Did to U.S. Oil Stocks https://share.google/Uit33fpDVAagb1Dob

Prices Sag as US Oil Inventories Climb | OilPrice.com https://oilprice.com/Energy/Crude-Oil/Prices-Sag-as-US-Oil-Inventories-Climb.html

 

[npaden]

Guess I should have sold my DINO.

 

[406dn]

You can find news to fit nearly every scenario. Today's oil move is clearly a response to hope that the Iran war ends soon.

Here is a story that whether or not the Strait of Hormuz opens or remains closed is as important as the war ending or continuing.

How high could oil and gas prices go if the Strait of Hormuz remains closed?

"The scary scenarios are, unfortunately, extremely plausible" if the critical Persian Gulf waterway stays effectively sealed, economist Paul Krugman said.

www.cbsnews.com

Anytime a stock moves that much in one day, it is not an entirely rational response. You could argue the run up in oil company stocks was not entirely rational either.

I've had some amount of XOM stock for over 40 years. It has been pretty kind to me, over the years.

 

[BigHornRam]

Good for you???? Whatever you're talkin' about! ?????

Pretty good investment in the past year. Surprised they have a small dividend to boot.

 

[BigHornRam]

You can find news to fit nearly every scenario. Today's oil move is clearly a response to hope that the Iran war ends soon.

Here is a story that whether or not the Strait of Hormuz opens or remains closed is as important as the war ending or continuing.

How high could oil and gas prices go if the Strait of Hormuz remains closed?

"The scary scenarios are, unfortunately, extremely plausible" if the critical Persian Gulf waterway stays effectively sealed, economist Paul Krugman said.

www.cbsnews.com

Anytime a stock moves that much in one day, it is not an entirely rational response. You could argue the run up in oil company stocks was not entirely rational either.

I've had some amount of XOM stock for over 40 years. It has been pretty kind to me, over the years.

Shorts aren't buying what Paul Krugman is selling.

Traders Ramp Up Bearish Oil Bets To Nearly $1 Billion | OilPrice.com https://oilprice.com/Latest-Energy-...-Up-Bearish-Oil-Bets-To-Nearly-1-Billion.html

 

[406dn]

Pretty good investment in the past year. Surprised they have a small dividend to boot.

View attachment 405155

That's another stock that has been good to me. I bought a decent amount 12 years ago.

 

[SAJ-99]

I’m just glad the market tumult is finally behind us for good. That was getting a little crazy.

I'm fully positioning for regret minimization. I can't begin to guess what this speech tonight will be like or contain or how the market will react. I just have to figure out my various levels of disappointment on a sharp market reaction up versus down and position accordingly, then figure out whether to do it in oil versus equity versus bonds regarding bang for the buck. The whole thing remains a shitshow.

 

[Treeshark]

I can't begin to guess what this speech tonight will be like or contain or how the market will react.

My prediction: boots on the ground announcement, to which the market will respond very poorly.

 

[jryoung]

If Toast could figure out how to leverage their data and fix the bottom line this feels like another good entry point. Bought them in 2024 for a similar price and sold last summer at $45. The number of "TST" codes is my card statements might be clouding my judgement though.

 

[TOGIE]

My prediction: boots on the ground announcement, to which the market will respond very poorly.

You think?

I mostly expect a lot of rambling about our resounding victory and mission accomplished and desire to soon pull out without finishing the job. Then a good sprinkling of more trashing of our longest running allies and a reminder to them that our unilaterally started mess is now entirely their problem.

But, I could also see it going the way you think. The continued military build up does not suggest a timely withdrawal. And I'm certain Israel is not ready to claim mission accomplished. But might the market see boots on the ground as a potential positive towards a secure future for the Strait? Maybe not immediate near term... I have no idea.

 

[Treeshark]

But might the market see boots on the ground as a potential positive towards a secure future for the Strait? Maybe not immediate near term... I have no idea.

I hope I’m wrong about the boots on the ground thing.

Your thought would be a logical long-term conclusion m, but the market is usually much more reactive/impulsive than that.

 

[BigHornRam]

I parked all my oil money into a 3 month cd, so I will not buy anything stupid for 3 months and 1 day.

 

[rogerthat]

Anyone believe Dalio’s take that the control of the strait of Hormuz determines the future of American hegemony? If we walk away we are walking away from hegemony and capital flight from the USA will follow? I might have that off a bit. Tried to find a link but google it