Trading Oil, Gold or Casino stocks/ETFs? Coronavirus trades?
- Thread starter KCalhoun
- Start date
I got only XOM on oil, Corona Virus stocks INO, VXRT, MRNA. We will see what happens. Oil is due for a rally probably, they might be close to a deal. Saudi Arabia got a big punch in the face from Russia. They forget that Russia supplies natural gas to Europe and can weather a protracted oil war. Saudi Arabia burning thru its cash reserves in the meantime. They still have to buy food and US weapons on top of that. Waging a war in Yemen and elsewhere is expensive.
Right re cv plays like MRNA, also NVAX up alot lately
For intra-day trades next week... I know what I'm playing. Last week it was TDOC, this week.... Zoooooom.
$ZM. Gonna be lots of action on that one at this level. Gotta be quick and nimble though, it'll be dangerous.
Holding USO expecting a moderate recovery. Long CVX no plan to get rid of it yet as I think entry @ 54 was a deep discount. Long NVDA waiting for a small pop Monday. Got out of MGM at 30%
https://www.cnbc.com/2020/04/12/ope...-production-cut-after-days-of-discussion.html
Just announced huge oil cuts. Guess we can't even get low oil prices yet alone low equity prices with intervention literally everywhere....
Just announced huge oil cuts. Guess we can't even get low oil prices yet alone low equity prices with intervention literally everywhere....
For me gambling is not about earning money, it's just for fun. You can win because you're playing with people, instead of playing against a slot machine or a casino dealer who deal cards like a machine. You can win as long as you play it better than other players - https://bestcasinowinner.com. But I prefer to have fun with my friends and don't be nervous about money loss.