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This S African strain has been a known issue since at least August. It's too late once again for any of these quarantines and the like. Sure, it will slow the spread of the strain, but by how much?No...more of a swing trader as well as a trend trader.
I play both trends and occasionally a swing.
Because this is going to become an eventual "non-issue" due to rapid quarantines and isolation of infected countries...but it is going to provide a buying opportunity...I'm taking a shot at making money off the tanking.
The gentlemen infected in Hong Kong are in a quarantine hotel...already isolated from everyone else.
The case in Israel? Dunno but suspect something similar.
So if they have the infection of this new virus isolated we are in good shape.
Like I said, around 16,000 as a possible stopping point for the DOW. Think that cant happen? Most major market corrections are in the 50% range so this is well within the realm of possibilities.
Prove that Joe Bidon has made drilling impossible for new supplies and new sources.It means that nobody is using it now...
Travel, shipping and trade is blocked from going to or from South Africa. Natural gas is up also for similar reasons. (Also Biden has made drilling for new sources or supplies impossible and now is at an all time low) meaning that what Wells we have currently is it...no more will be available.
So today is a great day to buy...just picked up some Diamondback Energy because it was down 9% on a low volume day. But they do a LOT of natural gas and no matter what we will need it for electricity production, heating, and fertilizers. But Nat Gas is a by-product of petroleum drilling. Usually coming out of shale formations.
So...where it's temporarily a bad thing...it keeps many of the large investors out of the game...and those are the ones that really make things happen.
You must have Biden picture tatooed on your ass. lmaoProve that Joe Bidon has made drilling impossible for new supplies and new sources.
I said it's a possibility it's not a guarantee.I would sure be willing to wager with you on it not happening.
I guess I should also correct you first...A correction is generally agreed to be a 10% to 20% drop in value from a recent peak.
I see the opposite. Take a look at the historical market charts.....this market has been parabolic for a while. This is a perfect time to wipe out the little guy ie $10 million or less. I see Monday as a bloodbath.Deffo the new variant. Its a grim day everywhere. As already stated it should bounce back on monday. Unless you lot have another holiday planned.
That vaccine mandate will clear it all up whenSo, gas prices going down is a bad thing?
Then why have people been whining about the high gas prices for the past 10 months?
You people are so confusing.
www.trucknews.com
Inferring anything from the daily numbers is ignorant idiocy.Bitcoin enters bear market territory as risk assets plunge on new Covid variant
It's going to be a rough Christmas season.
Markets are tanking globally as several countries in South Africa are isolated with new travel restrictions. The Rand is bottoming out.
Apparently it's a new variant with 30+ variations to the spike proteins so it's as infectious as Delta (possibly more) and capable of circumventing any vaccine to date. Researchers are guessing that it came from someone who was HIV positive that got infected with Covid.
What a mess!
That vaccine mandate will clear it all up when
the truckers go on strike.
Trucking associations take vaccine mandate fight to court - Truck News
The American Trucking Associations (ATA) may be confident that “solo drivers” are exempt from a coming vaccine mandate for big businesses – but it’s still
Prove that Joe Bidon has made drilling impossible for new supplies and new sources.
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www.reuters.com
Prove that Joe Bidon has made drilling impossible for new supplies and new sources.
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www.reuters.com
Actually I made around 3% today with judicious purchases.This S African strain has been a known issue since at least August. It's too late once again for any of these quarantines and the like. Sure, it will slow the spread of the strain, but by how much?
How successful have past attempts at isolating the strains been? You're living in a fairy tale world if you think we're in good shape. But it's your money to lose, not mine.....
That doesn't prove that Biden has made producers stop producing or refineries from refining, in factThe consequences could be subtle but pervasive," said Benjamin Salisbury, an energy policy analyst at Height Capital Markets. "It will change how energy players think about future uncertainty and investments in new projects, whether that's drilling, or oil field services or pipelines. It opens up the window to new risks."Analysis: Biden White House wades into oil market management with stockpile release
U.S. President Joe Biden's decision to tap the nation's emergency oil stockpiles marks the first time in two decades that a president has used the reserve to tame energy prices instead of tackle a supply disruption.
So by your "logic" you making 3% one day in the market proves me wrong. Wow. For all I know you bought puts. But thats immaterial. Your "logic" is what we're all laughing at.U.S. oil drilling review proposes higher fees, development curbs
The Biden administration proposed a slew of changes on Friday to the nation's federal oil and gas leasing program, including hiking fees on drilling companies and limiting their access to sensitive wildlife and cultural zones.
There's only an 8% profit margin in oil to begin with....and a massive sleep of new fees and taxes mean no new investment in drilling. We are already at a low point in drilling with less than 46% of profits being reinvested in new sources instead of 146% which is the normal rate of reinvestment of profits.
Actually I made around 3% today with judicious purchases.
So much for what you know eh?
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www.reuters.com
NOT anything near what I said!That doesn't prove that Biden has made producers stop producing or refineries from refining, in fact
the oil and refinery companies in the US have exported muchas..
Gasoline Exports Surge in U.S. Even as Americans Pay Up at ...
https://www.bloomberg.com › news › articles › u-s-gas...
Nov 5, 2021 — Most U.S. gasoline exports go to Latin America. Refiners shipped 139,000 barrels a day to Brazil, the highest volume in data going back to 1945.
U.S. crude oil exports reached record levels in 2020 and remain high in 2021
See ya.NOT anything near what I said!
You either address what I said or you are going on ignore.
