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COMMODITIES

Most know I am a commodities bull, 🏗 while I was going over supplier after supplier quote, I decided I would show you what I sort through everyday.
These basically say you have to pay upfront or the price goes up, price can change anytime, your not guaranteed to receive what you order- and if your in a blue area your screwed because your politicians want to tax everything down to the out of area suppliers and distributors so if they can sell it elsewhere they will (you go to the back of the bus unless you eat the tax)
COMMODITIES
It's a standard form, attorneys are the only ones making booming money in this surging mess.
COMMODITIES
COMMODITIES
Funny story, when I took the job I bought a fully loaded diesel tanker truck - driver and all (offered him a job). My new boss (who knew he was hiring a commodities bull) thought I was nuts but liked the truck and driver... Diesel has gone up 50 cent in a little over a week, that's over 5k in current savings. Who's crazy now. Everyone wishes they had a commodity bull . Also I didnt buy more because there was no more.
IAM and will be a commodity BULL until I feel otherwise, and i like to think that my finger is on the pulse.
*edit: Since I'm doing charts I'll add one here to show how this commodity cycle is going to go. Since STEEL is talked about so much in the notices posted above how about a STEEL chart. CLF - A fully integrated STEEL company (that means they mine the ore and use/resell the byproduct, as a bonus they also have a shipping division). Long trend first the MONTHLY
That is a long inverse head and shoulders and we will breakout to 80 (this isn't a squeeze and this isn't a meme stock, this takes time). Also notice the 23.75. On the downtrend it acts as resistance. On the uptrend it is support. Look how long we fought to break it on this uptrend.
COMMODITIES
Weekly - I couldn't get the line right on 23.75 (this is ok because the 23.75 is really a range between 23.3 and 23.9) this shows the fight to get over.
COMMODITIES
Daily - Once we got over we retested then broke out, now we are retesting again - to get all the weak and leveraged out. This is what bull runs do they constantly break and retest. Everyone sees a downtrend and the end of the commodity cycle (especially if you listen to news) I see a trampoline we are getting ready to bounce off... 80!!! - eventually
COMMODITIES
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  • user77248281 : there are so many oil companies and etfs.. what is your top 5 etf/stock holdings?

  • iamiamOP user77248281: for just oil OIH is my go to.
    I have an account that is only ETFs and it is
    OIH. XME. XLE. XOP. PXE.  (PSLV physical silver ETF)
    my top 5 oil stocks would be
    SLB/HAL (they are twins own one or both)
    OXY (oil and chemical company)
    WLL (Permian basin driller)
    COP (ConocoPhillips- oil product manufacturer and seller)
    NOV (cheaper explorer)
    My top 5 stocks in my personal holdings are
    CCXI (biotech)
    OXY (Oil)
    IPI/MOS (potash/fertilizer)
    CLF/X (steel)
    UUUU/DNN (uranium)
    SLB/HAL (if you dont count the biotech)

  • Revelation 6 iamiamOP: Thanks for the lesson. I appreciate you taking the time to share.