Trading/Investing Thread - Page 99

If you have a portion of your portfolio in conservative gold mining stocks there shouldn’t be need for concern.Mine are up 30% the past fortnight, seems like the slow money is finally swinging in to the sector after this Russian invasion.Should have been a few months back when it was obvious this inflation wave was not “transitory”, But here we are.Gold clearly on track to top it’s ATH within the next few months.

Vivax

21772 Posts

February 24 2022 10:41 GMT

#1964

Commodities are going to cause a trainwreck probs. The whole sanctions thing was like a threat to shoot one's own knee lol. Oil going vertical.

LegalLord

United Kingdom13775 Posts

February 24 2022 10:46 GMT

#1965

My GLD investment is doing well.

My everything else investment is doing anywhere from pretty bad to utterly awful.

{CC}StealthBlue

United States41117 Posts

February 24 2022 13:58 GMT

#1966

Circuit breakers may happen today.

https://www.bloomberg.com/markets/stocks/futures

JimmiC

Canada22817 Posts

February 24 2022 14:08 GMT

#1967

--- Nuked ---

Emnjay808

United States10638 Posts

February 24 2022 16:58 GMT

#1968

Interesting to see how the market reacts. $PG (one of my strongest long positions) really taking a beating right now. I’m 0% worried about it though, if anything I see this as an opportunity to buy more.

Jealous

10096 Posts

February 24 2022 17:13 GMT

#1969

That's genuinely how I feel, too. It's buying time for the long haul, both crypto and traditional.

{CC}StealthBlue

United States41117 Posts

February 24 2022 20:18 GMT

#1970

I'm actually in the green. Insane.

3FFA

United States3931 Posts

February 26 2022 00:31 GMT

#1971

VT(Global Stock Market) outperformed the US Stock Market and S&P 500 today. Value of all sizes outperformed Growth stocks too.

{CC}StealthBlue

United States41117 Posts

February 28 2022 21:26 GMT

#1972

Lucid Motors has released it's financial results.

The Company's Q4 revenue was $26.4 million, including $21.3 million from initial deliveries of its innovative Lucid Air Dream Edition, which began in October. Lucid delivered 125 cars to customers in the fourth quarter, with total production exceeding 400 vehicles to date and over 300 deliveries to customers. Lucid has also taken over 25,000 customer reservations as of today, reflecting potential sales of more than $2.4B. The Company confirmed its 2.85M square foot expansion of the Casa Grande, Arizona manufacturing facility is on track, and it announced plans to build a new manufacturing facility in the Kingdom of Saudi Arabia. Lucid cited supply chain constraints and a continued focus on quality alongside an updated outlook for its 2022 production of Lucid Air to a range of 12,000 to 14,000 vehicles.

Source

LegalLord

United Kingdom13775 Posts

March 01 2022 17:33 GMT

#1973

Oil up 10% today to $110 and the upside risk is probably a heck of a lot more than that. I expect SPR releases soon if this keeps up.

Gold is doing good lately. Wish I'd bought more, but I bought a pretty nice amount as it is.

3FFA

United States3931 Posts

March 03 2022 04:24 GMT

#1974

for anyone that thinks there isn't risk in only holding one country in a portfolio, I'd say let's learn from Russia:
[image loading]

iPlaY.NettleS

Australia4315 Posts

March 03 2022 07:12 GMT

#1975

On March 02 2022 02:33 LegalLord wrote:
Oil up 10% today to $110 and the upside risk is probably a heck of a lot more than that. I expect SPR releases soon if this keeps up.

Gold is doing good lately. Wish I'd bought more, but I bought a pretty nice amount as it is.

Zerohedge ran an article on that, Brent crude was up 10% but Ural crude (Russian oil) was down $18 or something, because many don’t want it.
[image loading]

Interactive chart for differential between Ural and Brent : https://www.neste.com/investors/market-data/urals-brent-price-difference#c445046c

pmh

1351 Posts

March 03 2022 14:37 GMT

#1976

This discount is good money for the oil companys all of which are trading Russian oil.

I wonder how this goes in reality. I would asume that at one point and after having traded back and forth a bit it becomes virtually impossible to determine where a shipment of oil came from.
Like the oil companys sell a bit from their own short term reserve and then replenish it with russian oil. It then sits in the reserves for a while after which it can be sold again.
But ya,i dont know how this actually works in reality but something like this would not surprise me.

Its a sort of tax the market managed to impose on russian oil.

Long term bearish on the markets in general,have been since 2 months though initially for the wrong reason. This could take a long time.
Inflation will outpace markets for quiet some time to come i think. So you are not only losing money having it in the bank,you are losing money no matter where you have it. In a situation like this everyone loses,the collective loss of wealth and economic potential is far to big.

Current situation is difficult for long term investments (and very good for trading opportunitys). I honestly would not know what is good to invest in right now but i am leaning towards hard assets that do generate a decent return like real estate. Though that sector is slowly starting to look like a bubble as well.
Goldmarket is rigged and gold doesnt generate a return so that isnt all that attractive either. Specially not in combination with rising interest rates. The same would go for tech/growth stocks with high valuations,they do suffer from rising interest rates.

Defence stocks are obviously a candidate as defence spending will increase massively in coming years. And there is basic essentials,utilitys and food,which can easily pass on rising prices to consumers. Stocks with real value but traditionally limited growth potential and as a result of that rather low p/e valuations.

Crypto i dont know enough about. Its doing well right now but somehow it feels like a last bounce before it all collapses. Crypto is slowly becoming a more serious threat to the traditional financial system which does make me fear government inventions. Specially in the current situation which could justify extreme measures if stability of the financial system is threathened. Its not at that point but developments are very unpredictable and there are serious risks. Another risk (a very small risk imo) is that it could get targetted in relation to the sanctions against Russia.

There is no underlying real value even though the technology itself is very valuable. Its value as a means to store wealth is based on trust,and overall trust in virtually everything is declining rapidly. Crypto could benefit from that initially (like it seems to do now) but the decline in overall trust could easily spill over to crypto as well. Rising interest rates should also be bad for crypto i think. On the other hand it could benefit from inflation and rising energy costs which would limit suply at a certain price.
Anyway:Since i do strongly believe that everything that has no real value behind it will get crushed,i am bearish on crypto as well specially against current valuations.

This is more or less my impression about some aspects of the market in general (picking individual stocks has never been my strong point so i dont have anything substantial to contribute when it comes to that) and i will leave it at that. Once i start to think fundamentally different about the situation i will give an update though that will probably take a while.

Invest in things with realy value. Things that make you more selfsufficient and which lower your monthly expenses. Solar panels,a windmill if you have a farm, an electric car and the means to charge it (solar panels again). That way you get a real return while beeing shielded from high volatility and inflation.

Vivax

21772 Posts

March 03 2022 15:24 GMT

#1977

On March 03 2022 13:24 3FFA wrote:
for anyone that thinks there isn't risk in only holding one country in a portfolio, I'd say let's learn from Russia:
[image loading]

That is good evidence of how 'the market' is in the hands of poitical forces. When an article mentions 'traders' and 'investors', I chuckle and replace it with central banks. Welcome to some hard to define -ism as a consequence of permanent QE, though it would probably equival to the nationalization of the entire economy using undisclosed banks as vehicle. I'd expect a similar end result as the Russia ETF for other stocks, though it could be a crash to the upside too, either way there's going to have to be a monetary reform at some point.

PMH gives good advice imo and for us euros, becoming indipendent from outside energy is a priority, along with finding a close source of daily goods. This situation is poison to logistics.

Let's see how we're going to fare in keeping up our living standards.

LegalLord

United Kingdom13775 Posts

March 03 2022 16:16 GMT

#1978

I'm not really inclined to make any money moves right now. The markets in the past few days look like they're volatile at best, but more likely being heavily manipulated. None of my positions look either particularly exciting to exit or double down upon right now, so I'll just stick with it and see what happens next week.

I think pressures are inflationary and nothing will be done about inflation any time soon. I kinda wish I had more gold right now, but I don't think a gold position larger than what I have would have been a prudent choice either since stocks are probably better in "the long run" as an asset class.