maybe, but then whitey is going to protest hard like BLM
Investment ... stocks to buy?
- Thread starter catrutt
- Start date
maybe, but then whitey is going to protest hard like BLM
Hope so
ABMax24
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According to the EIA the US was a net exporter of oil in 2023. They are also a net exporter of Natural gas.
Not saying he won't help oil companies, but I dont think it'll be to the same extent as in 2016.
Bnorth
Active VIP Member
It has been a terrible week in the markets = buying opportunity.
ABMax24
Active VIP Member
Might be a good time to look into Premier mining or maybe not
Intriguing, quite the price shock announcing they'll stop processing ore for 3-6 months. Not particularly enthused about being diluted down endlessly though. Seems they finance development by continuous issuing of shares.
Going to do more digging on them when I have more time.
Bnorth
Active VIP Member
Never bet against the US.
ABMax24
Active VIP Member
I read this as "short gold and gold miners"
- Thread starter
- #34
ABMax24
Active VIP Member
Altagas might be worth a look.
Buy a diversified ETF to avoid stock picking game. XEQT is: 45% U.S. S&P stocks, 25% CAD stocks, 25% developed international stocks and 5% emerging market stocks. If you want some bonds go with XGRO which is 80% of the split above but 20% is bonds. XEQT was literally $23 2 years ago and now $32…
The other 15% of our investments is flipping oil stocks but in same 2 years alot of oil stocks have been flat but have 25% moves. Best success for me is chasing 5-10% gains on a couple oil stocks I follow but it’s easier said then done and be prepared to be holding from 1 week to 3 months…. MEG, CNQ, ARX, TOU are safer bets, CVE is an okay purchase here (might go down another 10%) but probably has 20% upside from now. Avoid BTE. Also be prepared for oil to hit $50’s and watching your investments down a ton, not fun, reason number one to have XEQT or XGRO.
The other 15% of our investments is flipping oil stocks but in same 2 years alot of oil stocks have been flat but have 25% moves. Best success for me is chasing 5-10% gains on a couple oil stocks I follow but it’s easier said then done and be prepared to be holding from 1 week to 3 months…. MEG, CNQ, ARX, TOU are safer bets, CVE is an okay purchase here (might go down another 10%) but probably has 20% upside from now. Avoid BTE. Also be prepared for oil to hit $50’s and watching your investments down a ton, not fun, reason number one to have XEQT or XGRO.
jhurkot
Active VIP Member
This guy is a legend. $88k to $416M back to zero.
Bnorth
Active VIP Member
What a dumb bastard. I'll say it again louder for those in the back: single stock picking is gambling.
jhurkot
Active VIP Member
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