brobro777

I just imagine the scenario where these oil guys commit a bunch of capital to new projects cuz they got all kinda permission from Trump and crude cracks -50% like 2014 to 2016 Hoo boy man that's gotta give you the heebie jeebies

I mean I'm a moron when it comes to energy or pretty much any other industry except maybe tobacco/cigs so there's a good chance I'll turn out to be wrong but I just think Trump wants low energy prices so companies will be allowed to increase supply... which means some of these cowboys may get stupid ideas about increasing production through massive capital expenditures on new projects and that means little $$$$ for da shareholders Maybe it's different after -$40 per barrel Covid energy crash but I feel like I've watched this episode before...

probably neutral/bad, North American supply increase, keep prices low

Well US has the largest coal deposit in the world https://www.mining-technology.com/features/feature-the-worlds-biggest-coal-reserves-by-country/ People may think it's no big deal/nuffin but at some point may turn out to be a huge deal

yea I'd be scared of some California plaintiffs lawyer coming after me with some slip and fall nonsense and the insurance company disclaiming coverage wow that's scary man scary

IBKR Forecast contracts worked well for me - good liquidity, no commission

IBKR Forecast Contracts were good Trump trades for me haha

Old man Buffett unloading size into a rising market so he doesn't have to when its crashing - boy hes a good market timer, one of the best

GYRO seems like a decent play and best of all, lazy ass like me didn't have to work at all! Thanks man haha

The grad students are probably doing it already but there's probably good amount of PhD level research that could be done on volatility and extreme moves in the markets caused/correlated with algorithm trading and explosion in derivatives. i mean dude look at Bill Hwang and them "swaps" - $20Bil gone in a flash!

This is obviously pure bragging and shit talking but let's just say "someone" bought some NQ at 17500 last month when da VIX 65 for some good gains baby, good gains of course it could have continued to run past 17500 down the toilet, in which case I'd be posting on Reddit WSB with my loss porn haha

this is a completely subjective observation backed up by no data or verified analysis but the markets nowadays seem to run one way, hard, relentlessly (without a counter move) way more than it used to in the past, like the 90s for example. Maybe it's because there's more action in the derivatives now or more algorithms but whether it's stock index futures or individual stocks, it seems that things turn hard and when they turn they keep running and running. This probably means more opportunities for guys who like action, unlike nerds who sit there and read books and industry reports Ha haha

I love those guys on Reddit WSB The way they go all in with 0DTE options over and over again gives me hope that I can continue to make money even as an average schmoe

Haha this kind of story reminds me of daytraders in the late 1990s The thing that was scary was how these guys could be running hotter than the surface of the sun, sometimes for a long time, and then out of nowhere become cold as ice I still remember that surprise rate cut by Greenspan in Jan 2001 like yesterday...

Hell yea I would definitely copy another guy if what he was doing was compatible with my temperament and I could execute like he could. If it's too crazy or I don't have the chops to handle what the guy was doing (for example if he's too much of a cowboy) then I'd say no but otherwise, I'd copy and paste all day long I get that there are guys here reading books and industry reports and etc all the time (probably 500 pages a day that Buffett talked about https://www.cnbc.com/2018/03/27/warren-buffetts-key-tip-for-success-read-500-pages-a-day.html) but that's for nerds and I am way too lazy to do that I would free ride and make money off other people all day baby, all day

In the early 1990s I got a bunch of pre-1964 silver quarters (circulated condition, as early as 1930s) from someone who was spending them at face value and I held on to these quarters over the years I understand I should have invested in SPX or WMT stock, but these quarters are about $7+ now on ebay and that's not bad baby, not bad

Yea I'm surprised there's not as much favorable coverage/talk about gold

Gold keeps grinding higher to another record high - maybe $3000 before year end?

Haha that's good stuff baby, thanks for the laffs

Well that's what Charlie Munger did so maybe it works

https://www.ft.com/content/237f1900-9527-4962-83f4-6f2fc2fe4efb Financial Times says gold run has legs

Bought some VRSN

This may turn out to be a great idea - no real downside risk with constant buybacks and short term pop back to $200+ for whatever reason thanks man

I read it a while ago but I liked Pit Bull by Marty Schwartz - early days of trading S&P futures

Maybe Powell saying rate cuts are coming marks the top haha