The Swamp | Page 2971 | Forex Factory

Options

Go to
Permalinks
Print Thread
Attachments: The Swamp
Exit Attachments

The Swamp

  • #59,401
  • Apr 9, 2020 7:58pm Apr 9, 2020 7:58pm
Quoting The Fool
https://en.wikipedia.org/wiki/Oil_tanker https://www.reuters.com/article/glob...-idUSL8N2BP4OA idk what the limits of tanker storage are - in '09 it's said they used up 100 million bbl of tanker storage b4 demand picked up again. With 770 tankers out there capable of storing 2 million bbl or more, seems like there could be several times that possible. At a cost, though...at some point it will be cheaper to shutin wells. Traffic has been picking...
yeah evidently trump has some friends, with boats full of oil. Those shippers want cash that folds. If the renter runs out of cash, the shippers will firesale it. the shippers have possession of the oil. The guys with boats full of 30/50$ pb oil are shitting bricks. The truth is, A lot of that oil plus shipping cost, is already a margin call. Brent oil was over 50$ just 6 weeks ago. 50$ oil is still in some tankers.. now worth 1/2.. One can see why Trump is in a panic.
those who can, do. those who cant, talk about those who can
  • #59,402
  • Apr 9, 2020 8:08pm Apr 9, 2020 8:08pm
hopfully deaths are topping.. +1900 per day, 16,691 souls lost.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 46 KB
those who can, do. those who cant, talk about those who can
  • #59,403
  • Apr 10, 2020 1:21am Apr 10, 2020 1:21am
Quoting gatorinla
hopfully deaths are topping.. +1900 per day, 16,691 souls lost. {image}
Germany now has 113,525 cases of coronavirus after reporting 5,323 new infections, a slight increase from previous day; death toll has risen to 2,373
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #59,404
  • Apr 10, 2020 1:51am Apr 10, 2020 1:51am
since market is closed, i immediately improved my trading results today - lol
Attached Image (click to enlarge)
Click to Enlarge Name: stock-market-humor-jokes-memes-13.jpg Size: 43 KB
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #59,405
  • Apr 10, 2020 1:51am Apr 10, 2020 1:51am
so it's all up to Mexico
Attached Image(s) (click to enlarge)
Click to Enlarge Name: mexico1.png Size: 65 KB
Click to Enlarge Name: mexico2.png Size: 48 KB
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #59,406
  • Apr 10, 2020 1:54am Apr 10, 2020 1:54am
me me me
Attached Image (click to enlarge)
Click to Enlarge Name: monday.jpg Size: 41 KB
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #59,407
  • Apr 10, 2020 1:58am Apr 10, 2020 1:58am
Quoting DMA Trader
{quote} only hard thing now is the holidays - we can easy do something up today with low liquidity

let's see if we take Gator 947 level
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #59,408
  • Apr 10, 2020 2:30am Apr 10, 2020 2:30am
Quoting gatorinla
{quote} yeah evidently trump has some friends, with boats full of oil. Those shippers want cash that folds. If the renter runs out of cash, the shippers will firesale it. the shippers have possession of the oil. The guys with boats full of 30/50$ pb oil are shitting bricks. The truth is, A lot of that oil plus shipping cost, is already a margin call. Brent oil was over 50$ just 6 weeks ago. 50$ oil is still in some tankers.. now worth 1/2.. One can see why Trump is in a panic.
The cuts might not be enough if things don't get back to normal in Q2. Mexico is in a mundo de mierda. They need that revenue. With no forced cuts from US producers, storage will maybe still fill up before too long. No clues from closed markets. Plenty time 4 headlines & tweets to come...
"If The Fool persists in his Folly he will become wise." - William Blake
  • #59,409
  • Apr 10, 2020 2:40am Apr 10, 2020 2:40am
Quoting The Fool
{quote} The cuts might not be enough if things don't get back to normal in Q2. Mexico is in a mundo de mierda. They need that revenue. With no forced cuts from US producers, storage will maybe still fill up before too long. No clues from closed markets. Plenty time 4 headlines & tweets to come...
hate they meet today again and market is closed

found AR today
insiders sold one year ago
Attached Image (click to enlarge)
Click to Enlarge Name: ar.png Size: 15 KB
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #59,410
  • Apr 10, 2020 2:43am Apr 10, 2020 2:43am
Quoting DMA Trader
have to confess i did buy some equity today... twtr tsla. as problems go they could go 50% down especially leverage tsla. had to bury some money ... we will see. also Short SPX by the end of futures trading. if it goes down i am closing in 15 minutes got to a point where i could trade very calm and comfortable - hope i don't do something stupid. in the next weeks. i hope everyone is ok after today

TSLA 360 !!
TWTR 20.6!

I will forbid my kids of selling this.
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #59,411
  • Apr 10, 2020 2:45am Apr 10, 2020 2:45am
Quoting DMA Trader
bought more TSLA at 499 wow - cannot believe it can't even understand how my order got filled


wow was because i could't believe after q1 report on sales people would sell it. it went even lower in the next day

TSLA AH 595 yesterday !! and factories are shut down

had some calls yesterday but close them since are very expensive.

all we need is Panasonic to begin producing battery's again and boom
Attached Image (click to enlarge)
Click to Enlarge Name: tlsa.png Size: 17 KB
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #59,412
  • Apr 10, 2020 3:55am Apr 10, 2020 3:55am
Quoting DMA Trader
so it's all up to Mexico {image} {image}
all deal has to be agreed by this minister.
Attached Image (click to enlarge)
Click to Enlarge Name: mexico3.jpg Size: 132 KB
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #59,413
  • Apr 10, 2020 4:36am Apr 10, 2020 4:36am
Quoting DMA Trader
so it's all up to Mexico {image} {image}

Mexico is hedged this year at $49 a barrel for the Mexican oil export blend (which traded today at $17,89 a barrel). No other OPEC+ country has such a big oil hedge.


Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #59,414
  • Apr 10, 2020 4:37am Apr 10, 2020 4:37am
futures market closed are you fucking kidding me
rennstimp
  • #59,415
  • Apr 10, 2020 4:38am Apr 10, 2020 4:38am
Fed's balance sheet tops $6tn for 1st time ever amid buying to help markets
Attached Image (click to enlarge)
Click to Enlarge Name: fedbalance.jpg Size: 105 KB
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #59,416
  • Apr 10, 2020 5:01am Apr 10, 2020 5:01am
Quoting DMA Trader
Fed's balance sheet tops $6tn for 1st time ever amid buying to help markets {image}
i know dxy most likely will red

but ima just say it

what even is the best move/plan with this information added with the 6.6 unemployment, not sure how to even interpret this
rennstimp
  • #59,417
  • Apr 10, 2020 6:25am Apr 10, 2020 6:25am
Quoting renNstimpy
{quote} i know dxy most likely will red but ima just say it what even is the best move/plan with this information added with the 6.6 unemployment, not sure how to even interpret this
same thing happening in Europe. in crisis US acts faster.

Europe still needs to see how they are financing this.

https://www.bloomberg.com/news/artic...rescue-package
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #59,418
  • Apr 10, 2020 7:05am Apr 10, 2020 7:05am
Quoting DMA Trader
{quote} same thing happening in Europe. in crisis US acts faster. Europe still needs to see how they are financing this. https://www.bloomberg.com/news/artic...rescue-package
Attached Image (click to enlarge)
Click to Enlarge Name: europe.png Size: 32 KB
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #59,419
  • Apr 10, 2020 7:11am Apr 10, 2020 7:11am
Residents of a city in the Punjab can see the Himalayas from their homes for the first time in 30 years as air pollution in India drops with the lockdown


Attached Image (click to enlarge)
Click to Enlarge Name: polution.png Size: 670 KB
Rule No.1: Never lose money. Rule No.2: Market is always right !
S&P 500 WTI/USD
  • #59,420
  • Apr 10, 2020 7:14am Apr 10, 2020 7:14am
Quoting DMA Trader
Residents of a city in the Punjab can see the Himalayas from their homes for the first time in 30 years as air pollution in India drops with the lockdown {image}
Beautiful. Will we ever go back to the "smog" days again, hope not
162 traders viewing now, 1 is registered: