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Bump when these numbers move

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Post by kingstonlake 2020-02-28, 15:06

-850
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Post by Robert J Sakimano 2020-02-28, 15:10

kingstonlake wrote:-850
we should elect a president who runs America like a business (he bankrupted five times).

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Post by Robert J Sakimano 2020-02-28, 19:59

Dow finished down 357.28.

Bump.
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Post by Robert J Sakimano 2020-03-02, 11:07

Global death toll of Coronavirus surpasses 3,000 as cases soar.

bump.
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Post by Rocinante 2020-03-02, 12:49

Dows up. Everybody relax!!!!!!
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Post by Robert J Sakimano 2020-03-02, 13:22

Rocinante wrote:Dows up. Everybody relax!!!!!!
prayers work!!  Bump when these numbers move - Page 25 502811600
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Post by kingstonlake 2020-03-05, 16:05

 Bump when these numbers move - Page 25 2b07   Bump when these numbers move - Page 25 39-20e3   Bump when these numbers move - Page 25 37-20e3   Bump when these numbers move - Page 25 30-20e3
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Post by Robert J Sakimano 2020-03-06, 06:06

bump
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Post by Robert J Sakimano 2020-03-06, 11:43

Dow is currently down 448.74.

bump.
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Post by Robert J Sakimano 2020-03-06, 21:21

Dow down 256.50 today.

bump.
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Post by Cameron 2020-03-06, 21:22

I think this is the worst and most boring thread.
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Post by steveschneider 2020-03-08, 22:19

Market is in deep shit. Should be a drop tomorrow.
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Post by Three_Putt_Par 2020-03-08, 23:49

So are we gone?
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Post by Robert J Sakimano 2020-03-09, 04:38

Cameron wrote:I think this is the worst and most boring thread.
number of people who think this is the worst, most boring thread:

One.

Bump.
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Post by steveschneider 2020-03-09, 07:53

S&P futures down 5%.
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Post by GRR Spartan 2020-03-09, 08:13

Two of Trump’s BFF’s are having a fight over oil.

Last week OPEC wanted non-member Russia to participate in cutting crude production by 1.5M barrels per day. The coronavirus epidemic has cut world demand for refined product.

Putin refused to cut Russian production. Saudi Arabia, lead by Prince MBS, has agreed to cut future purchase to China by $6-$7 per barrel and has said to be increasing production by 2M barrels per day. Essentially cutting the legs out from under Russia’s most profitable export.

None of this is good news for the US or world economy.

https://www.cnbc.com/2020/03/08/putin-sparks-an-oil-price-war-and-us-companies-may-be-the-victims.html





Saudi Arabia / MBS
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Post by kingstonlake 2020-03-09, 08:56

GRR Spartan wrote:Two of Trump’s BFF’s are having a fight over oil.

Last week OPEC wanted non-member Russia to participate in cutting crude production by 1.5M barrels per day. The coronavirus epidemic has cut world demand for refined product.

Putin refused to cut Russian production. Saudi Arabia, lead by Prince MBS, has agreed to cut future purchase to China by $6-$7 per barrel and has said to be increasing production by 2M barrels per day. Essentially cutting the legs out from under Russia’s most profitable export.

None of this is good news for the US or world economy.

https://www.cnbc.com/2020/03/08/putin-sparks-an-oil-price-war-and-us-companies-may-be-the-victims.html





Saudi Arabia / MBS

I’ve read this is a loser for SA. Russia’s economy is far more diversified and SA is a one trick pony.
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Post by DWags 2020-03-09, 09:26

So is it that our economy will suffer because our oil companies will take a hit? Because I don’t get how cheaper oil and gas hurts us.
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Post by NigelUno 2020-03-09, 09:32

Holy Shit.

DJIA -1800
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Post by Robert J Sakimano 2020-03-09, 09:38

 Bump when these numbers move - Page 25 502811600

bump.

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Post by Travis of the Cosmos 2020-03-09, 09:38

DWags wrote:So is it that our economy will suffer because our oil companies will take a hit? Because I don’t get how cheaper oil and gas hurts us.

Not just oil companies but there are significant amounts of fracking companies at this point that are highly leveraged. Fracking is expensive and requires a certain price for oil, if it’s too low then it costs too much to make it viable. So then the highly leveraged part- if they can’t pay their loans then banks suffer and you’ll notice that banks right now are down further than the rest of the market, somewhere between 10-15% compared to the markets 7.
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Post by Travis of the Cosmos 2020-03-09, 09:42

Also the moon is fake and is made up by nasa to make you believe space is real
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Post by Robert J Sakimano 2020-03-09, 09:49

trading has been halted.

I have no idea what that means, but I'm sure it's either Obama or Hillary's fault.

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Post by Floyd Robertson 2020-03-09, 09:49

F'in Chinese bat soup eaters.
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Post by Robert J Sakimano 2020-03-09, 09:57

shocking that Hunter Biden would do a thing like this.

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Post by steveschneider 2020-03-09, 09:58

Floyd Robertson wrote:F'in Chinese bat soup eaters.

Supposedly or at least what the expert on Real Time said the other week was that they thought it jumped from a bat to a pangolin at some market in Wuhan.
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Post by GRR Spartan 2020-03-09, 10:05

DWags wrote:So is it that our economy will suffer because our oil companies will take a hit? Because I don’t get how cheaper oil and gas hurts us.

Its who is financing the oil companies and the numbers of people who work in the sector whose chances of losing their jobs has grown exponentially.

From the link:

The larger risk is that this pain seeps into the broader U.S. credit markets, all at a time when the coronavirus is starting to impact the economy as well. If a few million Americans stop traveling and commuting and work from home instead, gasoline demand will plummet, putting further pressure on prices.

As gas prices fall, you will no doubt hear the “lower gas prices will rescue the consumer” angle. While there is a benefit to Americans saving on gasoline, it’s unlikely any amount of additional consumer savings will mitigate the damage of an entire industry facing mass layoffs and huge capital spending cuts.


https://www.cnbc.com/2020/03/08/putin-sparks-an-oil-price-war-and-us-companies-may-be-the-victims.html
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Post by Watch Out Pylon! 2020-03-09, 10:18

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Post by Watch Out Pylon! 2020-03-09, 10:21

Kinda wish I had more than like 2% in bonds right now........
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Post by kingstonlake 2020-03-09, 10:28

I’m assuming trading is stopped in extreme circumstances so the right people can make a ton of money?
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Post by Robert J Sakimano 2020-03-09, 10:43

Dow currently down 1,442.97.

it's rebounding!! Gonna be a great day for rich white people.. gas up the golf cart.  Bump when these numbers move - Page 25 502811600

bump.

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