38 replies to this topic

[dTraderB]

Warnings about an OIL PRICE crash when it opens later today. Will it take down the equity markets also?

Maybe not but I am expecting another down leg before any major move up. 

 

I will be buying more VOO and XLF as well as a few other ETFs if SPX trades below 2900.

 

ForexLive

 

@ForexLive

·

2h

 

The mother-of-all oil market busts is here: Talk of a 28% drop at the open http://bit.ly/33312Sc

 

 

 

 

 

[dTraderB]

Holger Zschaepitz

 

@Schuldensuehner

 

OUCH! Kuwait suspends trading in premier market as Index drops 10%.

 

Holger Zschaepitz

 

@Schuldensuehner

·

7h

 

#Oil price meltdown: Saudi Aramco has lost almost $500bn in mkt cap from ATH in Dec.

Saudi Aramco shares dropped below their IPO level for the first time after #oil collapsed and the energy giant kicked off a price war. The slump dealt at least a temporary blow to the showpiece of the Saudi oil-industry three months after it completed a record share sale. (BBG)

[dTraderB]

Want to buy beaten down Travel stocks, any recommendations? what website covers these?

 

Opinion: The coronavirus has sunk cruise line stocks — now it’s time to buy them

110

 

Published: March 7, 2020 at 9:47 a.m. ET

By 

Philip van Doorn

John Buckingham, editor of the Prudent Speculator, loves the cruise industry’s growth potential

https://www.marketwa...=article_inline

 

[cycletimer]

Want to buy beaten down Travel stocks, any recommendations? what website covers these?

 

Opinion: The coronavirus has sunk cruise line stocks — now it’s time to buy them

110

 

Published: March 7, 2020 at 9:47 a.m. ET

By 

Philip van Doorn

John Buckingham, editor of the Prudent Speculator, loves the cruise industry’s growth potential

https://www.marketwa...=article_inline

I’m in CCL and RCL, as well as PSX, XOM and RDS.A.  This doesn’t bode well for me tomorrow. Be careful, these cruise stocks will suspend dividends first, then possible chapter 11 reorg.  I’m exiting, taking my losses and redeploying into ROKU 

[K Wave]

0Hedge is in full-blown fear porn mode.

[LMF]

They're saying Oil opens down 10 bucks.....

[pdx5]

All this because of a fast spreading virus which kills less than 1% able bodied people. Amazing!

[.Blizzard]

https://it.investing...ities/crude-oil

[blackcloud]

All this because of a fast spreading virus which kills less than 1% able bodied people. Amazing!

At first I thought that was just the excuse to start the selling, that still may be the case, but it is having an effect with all of the cancelled 

events, ect going on worldwide.

[tommyt]

Margin selling galore next, if it closes down on Monday.