Can any of you oil / gas folks help me out with something? I’m looking for a free info source that might forecast or discuss the market for the next year and more. What’s a good source that I don’t have to pay for?
I love listening to people try to justify being in cash on a daily basis.
I don’t rationalize/justify, just making fun market commentary…
OH, AND THE S&P RALLY FAILS!! IN THE RED, SMASHED BY…YOU GUESSED IT; OIL! LOL
We’ve seen this movie before, yes?
Oh my god, you’re right! SELL SELL SELL!!!
Well, I can’t sell because I don’t have any US holdings.
…but AAPL is a buy at $105. It’s really resisting coming down though which is a good sign. I might buy if I can get $106 today.
I don’t do commodities, but purely from a long term perspective I think you have to be looking at oil a bit here. Could oil fall to 30? Sure. But, in five years it seems that there is a pretty good chance that oil is up from here purely based on cost of extraction.
Anybody taking a dip at these levels?
Go long oil? No way. Isn’t it at its historic average right now, and forecasted by everyone and their mother to hit $30?
But you can go 3X long with this bad boy…UWTI. Get ready for ouch-time though…
Bought Total SA in December.
Making a small loss on it but I’ll be fine.
Bump. Pay attention to me or I’ll be a very, very, very sad CFA charterholder. Any recommendations would be appreciated.
3 of the top 10 articles on Seeking Alpha are on O&G, right now, so that could be a good place to start.
Good articles list good sources.
Wow, Americans have some really negative sentiment; China reports world beating growth, Europe is about to get free money, oil down which Americans claim is a “net positive” for them…markets all over the world up up up, yet they panic and sell? Oil has been down all day, none of the other markets cared.
What ever happened to “Amerika fuck yeah”? Cmon guys, get it together…
12 Month returns (USD):
MSCI US: 11.4%
MSCI Korea: -4.2%
^^Lol purealpha. I enjoy reading your posts (not being sarcastic).
Regardless of what happens, you will be out there, not giving a f*ck.
Are you high all day ? I mean that in a good way.
Americans’ exuberance is directly linked to our ability to make fun of North Korean dictators. Kim Jong Un is not a good sport compared to his dad. bummer man.
High on profits. 
Here’s the deal, I get all pumped up with the CN raging-bull market here in Asian-land, and then by contrast the US market seems so “Debbie Downer” to me. Like it needs a pep talk, or a nap. But, the Americans finally pulled it together yesterday, closed in the green! For the record gentlemen; I am not Korean and have no affiliation with that country, nor any country for that matter. So you can’t insult “my” country, because I don’t have one. I do hold Samsung however, which I’m pumped about…up 17% since I bought it two months ago. Fighting!!
Yep, Shanghai’s been great for me, although, as with many things in Asia markets, it is very short term and subject to abrupt regulatory oversight…witness the 8% crash on Monday followed by 4% surge on Tuesday.
http://www.bbc.com/news/business-30909990
I was just poking some fun at Korea, as companies there are notoriously unfriendly to outside investors. A little bit of friendliness, and shares would soar. I have owned some Samsung for a while because: 1) it is a huge, growing stocks with secular tailwinds from mobile…pretty safe and 2) more importantly, I think due to management family succession the company may need to *gasp* return some money to shareholders, which would bode well for the stock price as investors percieve an improving management.
On oil: Bank of Canada unexpectedly cut rates this morning, says more room to manoeuvre. Could be another negative interest rate country soon!
ZIRP for everyone! hooray! when money is free, does it have value? {mind blown}
not all monies is free