OT: Stock and Investment Thread

drewbagel423

All-Conference
Oct 30, 2006
5,827
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Doesn't look like the WH is going to be able to tweet its way out of this one. Probably still a ways to go before we find a bottom.
 

T2Kplus20

Heisman
May 1, 2007
31,770
19,772
113
Im getting close to getting back into gold. $4500 looks to be a modest level of support. And $4000 should be stiff support.

JNUG showing signs already.
Gold creeping back and hold firm (clearing $4530 is the key), but silver is still soft as hell. The last month or so of that silver run was purely meme dynamics.
 
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drewbagel423

All-Conference
Oct 30, 2006
5,827
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So you were 100% on that day. LOL!
Follow the trends, like energy, shipping, ag, etc. My personal account was up 3% yesterday. Hope that helps.
I know, it's been well documentary in this thread that you never lose money. Keep catching those knives!
 

T2Kplus20

Heisman
May 1, 2007
31,770
19,772
113
I know, it's been well documentary in this thread that you never lose money. Keep catching those knives!
Personal account up another 2% today. Wait for the right levels, respect stop losses if support breaks. Not that difficult. Got in MSFT at $392, broke major support at $383, out. Jumped into NOW at $115, went up for a few days, then broke major support at $110, out. All my energy trades are still trending up, so ride it until it breaks.

As for my retirement accounts, those are mostly passive and perform close to the market, but that's not really what we are talking about in this thread.
 

T2Kplus20

Heisman
May 1, 2007
31,770
19,772
113
Im getting close to getting back into gold. $4500 looks to be a modest level of support. And $4000 should be stiff support.

JNUG showing signs already.
Been reading a bunch of articles about how Turkey has been dumping gold to protect/stabilize its currency (Lira) from the recent rise of the dollar. Explains quite a bit of the recent softness in gold prices. Continue to watch the DXY. If it gets past the 101-102 level, definitely more trouble for metals and international equities. A move below 100-99, then buy, buy, buy.
 
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RU-05

Redshirt
Mar 2, 2026
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Been reading a bunch of articles about how Turkey has been dumping gold to protect/stabilize its currency (Lira) from the recent raise of the dollar. Explains quite a bit of the recent softness in gold prices. Continue to watch the DXY. If it gets past the 101-102 level, definitely more trouble for metals and international equities. A move below 100-99, then buy, buy, buy.
Seen some different theories as to why gold has dropped.

if it holds support this is likely a buying opportunity
 

T2Kplus20

Heisman
May 1, 2007
31,770
19,772
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I don’t know about a rip, but maybe a short relief rally. This is shaping up to be a historically bad year.
A down year wouldn't be surprising after 23, 24, and 25. However, the entire US gov is essentially trying to juice the market. BBB stimulus, additional business tax cuts, Bessent trying to push down the dollar, Warsh cutting rates and QE if needed. Post-Iran, there should be plenty of tailwinds as well.

Trying something new. I placed my first options spread trade. Bear call spread on ORCL. We shall see!
 

rurahrah000

All-Conference
Aug 21, 2010
3,278
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A down year wouldn't be surprising after 23, 24, and 25. However, the entire US gov is essentially trying to juice the market. BBB stimulus, additional business tax cuts, Bessent trying to push down the dollar, Warsh cutting rates and QE if needed. Post-Iran, there should be plenty of tailwinds as well.

Trying something new. I placed my first options spread trade. Bear call spread on ORCL. We shall see!
That’s a lot of “ifs”.
 

RU05

All-American
Jun 25, 2015
14,806
9,219
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I bought RIG, I think on Monday, but I think I'm going to take profits on some of my oil exposure.

Look for deals in some downtrodden blue chips.
 
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