Recent content by Sequoia1321

Yes, I think chart looks pretty weak still. Might see 35 brent before it goes higher. Don't think we'll be seeing 20's brent again though.

Got invested in bitcoin a few days ago, the CME contracts. Not sure if that's the best vehicle for it since I'm looking at it as a long term play, maybe sell if it spikes to 50K, or 100K. But now I have to constantly roll over the contract. Also, the initial margin wasn't that much different...

Oil broke out a bit more today out of 200 MA. Bank of America is also bullish on oil, saying it'll be 60 in first half of 2021.: https://oilprice.com/Energy/Energy-General/Bank-Of-America-Brent-Will-Recover-To-60-In-H1-2021.html For me it's not so much where it is per se compared to previous...

I'm glad I didn't short it. Changed my mind last minute. Yes. Thanks for that. It was helpful. Also the contract was very heavy, and saw a video from "The Uneducated Economist" Youtube channel that it was going to go higher.

Yes, all time high it looks like. Seems to be covid related. When it drops I imagine it'll be hard and fast.

These things can get volatile, I'm afraid I'll get stopped out, end up selling low. So that's why I was looking for a long term trade. Have not had good results with stop losses. Maybe investment is a better term for what I'm trying to do with it. I'll definitely be watching it though, and...

BYND (Beyond Meat) is going to have earnings today. Cramer from Mad Money spoke about it positively recently again. Also saw this article today regarding their new commercial, contains the video of it...

Saw an interesting article today recommending buying big banks that have good dividends: https://www.marketwatch.com/story/you-should-invest-in-big-banks-now-for-their-rich-dividends-2020-07-21 You'd be buying low, and while holding you'll get some dividend. Not very familiar with banks and...

Those look interesting, but when they go up hard I'm afraid they might fall hard too, so in those cases I imagine there would need to be more active trade management and maybe stop losses. Looking for something I can just buy and hold for several months, a year, or maybe more, without a stop loss.

I'm looking for some stock ideas, long term, and was wondering what might be a good investment? I noticed some great names like Amazon and Tesla (very interested in the Cybertruck), but they made huge gains and am afraid to get in on them without a decent pullback. Other stocks that look...

I just verified this is what I'm trading: BZ1U20 - Brent Crude Oil (NYMEX) SEP 2020. Maybe something has changed since you last traded it but as far as I can tell it has tight spreads. Right now 42.91 42.93, and I think maybe even tighter at times. But you're the pro so your judgement and...

Nymex CME has brent futures, I believe that's the brent I'm trading right now.

Oil is still low when you look at it historically, and we now have inflation as well. The question is if people will use it similar as before, or if something has changed so drastically that we'll never see anything similar in oil usage as before, which if I understand may be Citi's position...