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STOCK MARKET: Let's talk stocks and investing

Discussion in 'BBS Hangout' started by SWTsig, Jun 2, 2008.

  1. Space Ghost

    Space Ghost Member

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    If you could outperform the market consistently, would you spend your time finding more capital to invest into ... or would you grift a fraction of a percentage of someone elses gains?
     
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  2. Sajan

    Sajan Member

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    But some people have no clue what they are doing so the advisors might be worth it for them..?

    I see them like travel agents.
     
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  3. Space Ghost

    Space Ghost Member

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    And like travel agents, they push the best commission. 25 years ago FA's had a role. Now there are ETF's that cover most basis, whether that is S&P500 or 60/40 blend.

    Ultimately a person who can't do a few google searches or AI agent search are likely going to be vulnerable to scams. I would recommend paying someone a flat fee to analysis a persons finance from time to time and park the money for the long term.
     
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  4. Sajan

    Sajan Member

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    Agree.
    Just buy a broad market ETF and be done with it.
     
  5. Mango

    Mango Member

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    Links that some may find useful.

    FOMC Calendar

    Fed Watch


    **********

    Production costs are roughly $10 barrel for Saudi Crude while it is multiples of that in the US.

    A Glance at Shale Break-Even Prices Amid Declining Oil Prices


    Permian producers face new headwinds
    **********

    Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria, and Oman extend the 2.2 mbd voluntary adjustments for one month until end of December 2024
    No 18/2024
    Vienna, Austria
    03 Nov 2024

    The OPEC Secretariat noted that the eight OPEC+ countries Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria, and Oman, which previously announced additional voluntary adjustments in April and November 2023, have agreed to extend the November 2023 voluntary production adjustments of 2.2 million barrels per day for one month until the end of December 2024.
    In addition, the eight countries reiterated their collective commitment to achieve full conformity with the Declaration of Cooperation, including the additional voluntary production adjustments that were agreed to be monitored by the JMMC during its 53rd meeting held on April 3rd 2024, and to fully compensate by September 2025 for the overproduced volumes since January 2024 in accordance with the compensation plans submitted to the OPEC Secretariat.

    The countries also noted the recent announcement made by Iraq and the joint statement made by Russia and Kazakhstan, in which they strongly reaffirmed their commitment to the agreement including the additional voluntary production adjustments and to their compensation schedules for the overproduced volumes since January 2024.

    **********

    Moderate prices for Crude are hurting Aramco because the Saudi government depends on them to pay a healthy dividend to help fund government operations.

    Saudi Aramco Keeps World’s Biggest Dividend as Debt Jumps

    Roughly a decade ago, the Saudi wanted to do something about increased production from non OPEC countries. So there was something of a War that kept production up and Crude prices Low - Moderate for quite some time.

    Aramco - Saudis come across as financially weaker than a decade ago, so ramping up production and driving the price of Crude lower to hurt non OPEC producers seems unlikely though there has been some speculation that they will do it again. I have no idea what will happen, but there are problems beneath the surface.
     
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  6. Sajan

    Sajan Member

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  7. Sajan

    Sajan Member

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    There you go.

    $305.
     
  8. Surfguy

    Surfguy Member

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    When is this overinflated market going to crumble? I'm guessing it's going to happen potentially once the new year flips almost immediately. It could be delayed because of the timing with the new president coming to power. If you haven't had the best year in the market in your entire life YTD, then you're doing it wrong. I'm expecting a negative market growth next year. Gotta get out before the bottom falls out and wait for that big correction. But, if AI and tech continues to drive the market to new highs because of demand for it, then who knows? How can you have the best year followed by another good year? Something has to give here. You know Trump is going to cut...cut...cut and spend...spend...spend his first year. So, we'll see how that all plays out on the markets. lol

    Also, I'm glad I didn't get out of Tesla. Just wish I would have got in more before the election results. Unbelievable.
     
    #19888 Surfguy, Nov 8, 2024
    Last edited: Nov 8, 2024
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  9. Sajan

    Sajan Member

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    Agree. This euphoria doesn't seem sustainable.

    Not opening any new positions till it settles down. FOMO = NO MO money.
     
  10. Space Ghost

    Space Ghost Member

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    I hope you loaded up
     
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  11. Surfguy

    Surfguy Member

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    Next week is correction week on The Price Is Not Right.
     
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  12. Mango

    Mango Member

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    Longer-term Treasury Yields & Mortgage Rates Explode, Yield Curve Un-Inverts Further as Bond Market Gets Spooked (November 6)

    **********
    CEO of PA Fracking Company Says Frackers Idle, Hitting Rock Bottom

    Dan Doyle is president of Reliance Well Services, a hydraulic fracturing (oilfield services, or OFS) company established in 2008 and based in Pennsylvania. Reliance works throughout the Appalachian and Illinois Basins. In an article published by Doyle on the OilPrice.com website, he says low natural gas prices, high interest rates, and reallocation of capital have led to a slump in demand for oilfield services like those offered by his company. Doyle said, "Frac’ers never want to admit that they’re idle, but we’re idle."


    **********
    The World's Largest Oil Producer Slips Into a Net Debt Position

    Saudi Aramco Debt Becomes New Reality as Revenues Dip

    - Saudi Aramco reported a free cash flow of $21.99 billion in Q3 2024, suggesting that the world's largest oil producer may have been pushed into a net debt position for the first time in two years.

    - Even though Saudi Aramco's net income fell by 15% year-over-year to $27.6 billion, the state oil firm kept its $31 billion dividends intact as Riyadh uses hard-earned oil income to finance its ambitious diversification drive.

    - Speculation is rife that OPEC+ could extend its current production targets into 2025, with Saudi Arabia continuing to produce 9 million b/d, despite a $10 per barrel drop in oil prices from a year ago.

    - Saudi Arabia was one of the largest issuers of international debt this year, with its Public Investment fund issuing some $50 billion in 2024 to date, with Aramco selling some $9 billion in bonds, too.

     
  13. Ziggy

    Ziggy QUEEN ANON

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    Money is worthless and it benefits the people running the economy to keep it that way - private equity, billionaires and paid-off politicians. Stocks, toilet paper, tuna, olive oil, jizzcoin, monkeytoken, HODL any of it or be poor. USD is toxic.

    Or just eat your L now and send the money directly to The Knesset Jerusalem 91950.
     
  14. LosPollosHermanos

    LosPollosHermanos Houston only fan
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    Wtf Tesla

    sell?
     
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  15. Sajan

    Sajan Member

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    You don’t believe a 60% rise in a week for a large cap company is organic do you?

    I think it would be silly not to take some profits.
    but it seems like they are gonna push it to 400 or previous ATH before dumping..
     
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  16. Space Ghost

    Space Ghost Member

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    Risk on assets going through the roof.
     
  17. Space Ghost

    Space Ghost Member

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    Your boy says this
     
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  18. CXbby

    CXbby Member

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    Anyone who doesn’t understand why Tsla is going up right now also did not realize how much the Biden mafia was holding Tsla and all of Elon’s enterprises back through lawfare from every government agency imaginable. How do you value going from that to hand picking the next president’s cabinet?

     
    #19898 CXbby, Nov 11, 2024
    Last edited: Nov 11, 2024
  19. Space Ghost

    Space Ghost Member

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    Anyone following TSLA closely knows retail has been propping up the TSLA price over the last 2-4 years. Institutional investors have been avoiding it due to the uncertainty of a continued Biden/Harris administration and also fear of retribution/lawfare. The stock price has been suppressed. Tesla will hit a 3T marketcap in the next year or two, if not more.
     
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  20. Sajan

    Sajan Member

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    I am always looking for more insights into these stocks.
    Can you share some examples of these "lawfares"?

    If I am understanding this correctly, the democrats/biden was holding Tesla back?
     

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