Posted:
#1526
I was just joking
Crypto thread
Posted:
#1539
I have some good solid gains in the oils I bought too, part of me wants to sell and see if they come back down but then part of me thinks there is more to go since they are beaten down so much. Im conflicted taking gains and then buying more when/if they pull back.
In DVN I'm up over 50% and in COP I'm up almost 50%, XOM is a little less and XLE same but RDS is another Im up like 40% on and I dunno Im considering selling and seeing if they come down in the next while.
Posted:
#1544
Quote Originally Posted by I_Need_A_Detox:
The Fed will continue to use its lending powers “forcefully, proactively and aggressively, until we’re confident that we are solidly on the road to recovery,” Fed Chair Powell says
The Fed will continue to use its lending powers “forcefully, proactively and aggressively, until we’re confident that we are solidly on the road to recovery,” Fed Chair Powell says
He has been rationalizing giving drugs to this market since he failed at trying to normalize. I think he got a stern talking to by the UST and ever since his word choices are totally accomodative and dovish..its always as if he thinks the market is on the edge and the FED will take whatever action is necessary to guide the economy blah blah blah...it didnt used to be this way, prior to Bernanke the FED was less active and less a market cheerleader, more of a macro presence...now they are majorly micro.
Posted:
#1545
Putin actually had a pretty good answer in an interview the other day.
Will Russia create a crypto currency?
Putin: Russia having its own crypto currency is impossible by definition. Just as it is impossible for any other currency to have their own crypto currency. It is something that is beyond national borders.
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