10baggerbammOP :
this is part 2.
so regardless of the initial movement in oil up or down a dollar $2 down makes no difference because you will have year over year declines in the price of oil back down to the low $40 range which is where it was when Donald Trump was president.. the effect on drip is very transparent pull a multi-year chart and look where it was when Trump was President not the spike or oil went negative $27 a barrel anything like that so omit the spike but look at where it was throughout the majority of his term that's where this will go. this is a lap drop print it out tape it to your monitor put it on your bathroom mirror everyday and I don't care who you want to win the election what party you're in if you are an investor you want to make money and this is a 100% slam dunk that when Trump wins he's going to turn the spickets on in the United States again an oil prices will drop precipitously oil company profits will decline their stocks go lower and this 2x leveraged ETF skyrockets and your ring the cash register.
warrior-sailormoon : I love u to the max
日生人王 : Thanks @iamiam! A good summary, I learnt options trading but very weak in the Greeks. Tried 0dte and short term options and got burned. Now I always get longer expiry options to avoid theta decay, and still able to profit nicely (20% instead of more than 100%). I guess for me it is much safer and lesser worries and no need to keep staring at the screen, just let my analysis and trend goes their way in a few days or even weeks.
warrior-sailormoon : I m 100% for sure i will i need to i hav to ……. Going to read ur post when all my kids in their sleep
warrior-sailormoon : Thousand of Thanks to u for ur great sharing Iamiam
mrbenje : Super helpful, thanks
warrior-sailormoon :
Thanks iamiam
Unable to “digest “ everything, having migraine here but appreciate ur great sharing thanks again.
日生人王 : Align with your expectations! Let’s ride the waves
iamiamOP warrior-sailormoon: short term, we should go down then up
warrior-sailormoon iamiamOP: Played both side. Up and down.
BeBlessed : excellent post. thank you for taking the time and efforts to craft up all these. God bless!
Albert Ck : Hi iam, could you talk about fertilisers.? MOS and IPI were very bad…yesterday will have more room it will fall or the reversal is coming soon? my IPI average is $63
JustSurface : great post
Thelord : Great summary
LuckyPiggie :
i think fertiliser big drop was bec of drop in sales revenue albeit profit up . fertiliser goods price high so farmers buy less , thats expected.
this week volume was also very small relatively and divergence also forming. how high will it turn up later , dont know . Market is crazy. Recession fear ... so everyone eat less ?
TinkerB3ll :
Do you think UVXY will drop more? I’m down 8% and not sure whether the market will help me to recover.
I’m thinking XOP might recover yes it is interesting not sure how Low can it dip
JustSurface :
GG went completely opposite and got rekt $Direxion Daily Energy Bull 2X Shares ETF (ERX.US)$ $ProShares UltraPro Short QQQ ETF (SQQQ.US)$
tomorrow is another day
iamiamOP JustSurface: ouch
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10baggerbammOP :