Man I hope the markets hold up well for the next four years.
I wanna retire and could use some extra portfolio growth.
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Man I hope the markets hold up well for the next four years.
I wanna retire and could use some extra portfolio growth.
You may want to sell any stock in the solar and wind energy areas. I imagine government subsidies may come to a halt. Might even be a good time to buy fossil fuel stock, could be on the rise.
I was thinking about this very thing earlier today.Quote:
Originally Posted by Big E3
I have a heavy investment position in oil transportation. It has been pretty shabby lately, but it is now really looking up!!!!!
Silver lost $1.22 on Friday, very strange unless people are selling silver and gold holdings to load up on the DOW and other fiat paper markets. 10-year Treasury up to 2.15, now I'm REALLY happy I did that re-fi a couple months ago.
WTI and Brent are under $45, VIX has been all over the place maybe due to the uncertainty in the election.
Trump's EPA guy Ebell is GREAT, now maybe the government will stop wasting our tax $$ subsidizing stupid wind energy bullshit. I have no idea how the oil markets will react, maybe OPEC will continue to use their monopoly to drive the US oil producers out of business.
DOW closed at 19,000+ yesterday, gold and silver are down today. Oil is down a little bit too but still over $45. Interest on the 10 year Treasury is at 2.39, up nearly a point from when I did my re-fi.
India trying to screw itself.
I bought silver, go figure. Gold was down $41 this AM, but has recovered. GSR is still way too high for a conversion. Gold is always the end game.
And I've been dragging my feet on a refi due to 2017 job uncertainties...Quote:
Originally Posted by roberth
fack
http://www.wsj.com/articles/opec-dea...und-1480481281Quote:
Crude futures surged Wednesday on reports that OPEC plans to reduce its output by more than 1 million barrels a day, a cut that many market participants say could be significant enough to push oil supplies below demand levels sooner than expected.
https://www.bloomberg.com/energy
Pump price will go up. Maybe we'll see a jump in domestic oil activity.