I am in a period of stock fund accumulation so for me it is buy and buy and buy.
MSFT and AMZN penetrated earlier year lows and bounced off for now. FB for a change actually been showing some relative strength most of the day.
Halftime said reports that Ukraine no longer insisting on NATO membership…sourced by Agence France.
Did he say that even with the Russia oil ban that the US has plenty of oil sources to fulfill out needs? These are the facts. Hope he was clear and direct.
Trump will never get any style-points and can’t control himself, but his policies were not the problem with his presidency. Let’s hope Biden can lead us out of this mess.
But the claim is the market being down is because leases were not approvedBiden curbed future production but 14 states sued and court then blocked Biden's EO
Another court is trying to block the first court
So yeah it not like Biden is intentionally "outpacing" anyone
He tried to bugger production and now its a legal mess - which deters investment
The "Keystone" is not one thing - a common mistake all around
What Biden buggered was "Keystone XL"
Of course when foreign producers see Biden's actions they know they can jump a gravy train
Then Biden runs around fruitlessly begging foreign producers (enemies mostly) to increase production
Now Russia - who US is in conflict with- helps with Iran getting oil to US.
Admin and US enemies often end-up on the same page for some reason
In any case - an offer to revive XL
The premier of Alberta is pushing for the revival of the Trump-backed Keystone XL oil pipeline to replace Russian imports to the US
Biden revoked a key permit for the Keystone XL pipeline that would have been able to transport 830,000 barrels of crude oil a day from Canada.www.yahoo.com
"A lawsuit filed in March on behalf of 13 states led to a judgment that blocked Biden's pause.
"Millions and possibly billions of dollars are at stake," Judge Terry Doughty wrote in his ruling. Doughty was nominated in 2017 to the US District Court for the Western District of Louisiana by then-President Donald Trump.
The Biden administration is moving forward with the new leasing, and White House press secretary Jen Psaki said their hands are tied."
Why the Biden administration is reopening oil and gas leasing in the Gulf of Mexico | CNN Politics
The oil and gas auction is at odds with Biden's climate agenda and environmental advocates say it could set US climate goals back for years.www.cnn.com
The stockholders of the oil companies didn’t want to continue drilling when the oil prices were so low according to CNBC and the following article. Investors will make plenty of money.
coloradonewsline.com
www.npr.org
Too abrasive for my taste. Plus, Trump was a client of the first company I ever worked for and he never paid his bills. He used to hold out for as long as possible and then try to negotiate the bill down once the nasty-grams started flying. But, again, I think his policies were spot-on.
Not that I think they should be able to trade stocks but Biden and Blinken were up there telling everyone this was coming, hardly inside info on this one.
Cathie Wood Loads Up $24.5M In Roblox As The Gaming Company's Stock Crashes - Roblox (NYSE:RBLX)
Cathie Wood-led Ark Investment Management on Wednesday raised its exposure in Roblox Corp (NYSE: RBLX) on the day shares of the social gaming platform plummeted after it reported worse-than-expected fourth-quarter results.www.benzinga.com
Seems like a reasonable view by Josh Brown.
This is a traders dream market. As an investor it must be frustrating.
I didn't want to generalize too much because there are some on both sides of the isle that are driven more by idealism.
That's what I look to do and also have a plan for the next level I'd buy if it dropped further or have a stop in place to limit losses. Also have an idea where you'd get out as well or use a trailing stop although in this environment I don't know that I'd utilize a trailing stop because I wouldn't expect any large runs for the most part.
Dan Niles is 25% in cash. He basically said sell into strength because this market will take a while to settle and there’s a ton of geopolitical risk that has yet to play out.
I think there is some truth to it. But I don't think they want it this high, and I don't think they like buying the oil from Iran and Venezuela.
I agree with that but I always remember him as one of the analysts who was beating up MSFT many years ago when I said I didn't believe that whole secular decline and PCs are dying etc...was going to really hurt MSFT long haul. It provided a great opportunity though lol. For whatever reason, that always sticks in my head even all these years later so whether you agree or not, always take these analysts with a grain of salt and come to your own conclusions from all the inputs you hear/read.
Wow, that was a stupid call, but I guess everyone has their share of WTFs. :)
Sure no one is always right but he wasn't the only one. Somehow he's the one I remember lol...this was when tablet craze was starting etc..
