You are a genius.Buy low. Sell high.
Still, even after a bad day the Dow is over 40k. I'm not complaining.Up down roller coaster heartburn 💩
That is all. 🤯
As one who can see the retirement light at the end of the tunnel, I definitely am checking on my accounts more and more regularly.Moved to correction territory this AM.
I have enjoyed an appreciating market like all of us but as a retiree you can’t help but get nervous about protecting the pot you’ve managed to accumulate over the years.
Thank you, Winthorp!Buy low. Sell high.
It's definitely been a yo-yo this week. The good thing is, even with the early week losses, the market is marginally up for the month and well up for the year.I’m getting whiplash.
😧
The market is anticipating 1-2 interest rates cuts. Rate cuts generally move money from bonds to stocks, which makes the stock market go up.It closed back over 40,000 again today. Mostly due to inflation coming down again, under 3% for the first time in 3 years.
So maybe it won’t be too bad to try and fill the SPR back up?On the last day of the month, the Dow set another record high finishing up 4.6% for the month and 19.3% for the year.
The oil companies are keeping the gas prices up but hopefully, we'll see a big decline in prices at the pump after Labor Day. Unleaded gas closed on the Nymex at 209.32 which should result in a price of around $2.75 when you're filling up.
Depends on the profit taking.So maybe it won’t be too bad to try and fill the SPR back up?
I don't think that I will see a price of $2.75 when I am filling up again in my lifetime.On the last day of the month, the Dow set another record high finishing up 4.6% for the month and 19.3% for the year.
The oil companies are keeping the gas prices up but hopefully, we'll see a big decline in prices at the pump after Labor Day. Unleaded gas closed on the Nymex at 209.32 which should result in a price of around $2.75 when you're filling up.
Supply and demand are "keeping the gas prices up." Drill more, prices go down. Would be even more helpful if the government allowed more refineries.On the last day of the month, the Dow set another record high finishing up 4.6% for the month and 19.3% for the year.
The oil companies are keeping the gas prices up but hopefully, we'll see a big decline in prices at the pump after Labor Day. Unleaded gas closed on the Nymex at 209.32 which should result in a price of around $2.75 when you're filling up.
Drilling more will do nothing for the pump price if it can't be refined. Prices are moving down because the inventory is already high.Supply and demand are "keeping the gas prices up." Drill more, prices go down. Would be even more helpful if the government allowed more refineries.
Where did you get the correlation between spot and market price? And you know spot prices are a reflection of incremental demand, right? "Unleaded gas closed on the Nymex at 209.32 which should result in a price of around $2.75 when you're filling up."
It is showing up under $3 around us now and we average the highest prices in the state.On the last day of the month, the Dow set another record high finishing up 4.6% for the month and 19.3% for the year.
The oil companies are keeping the gas prices up but hopefully, we'll see a big decline in prices at the pump after Labor Day. Unleaded gas closed on the Nymex at 209.32 which should result in a price of around $2.75 when you're filling up.
Oil production in the US is at an all time high. Plenty of it is exported.Supply and demand are "keeping the gas prices up." Drill more, prices go down. Would be even more helpful if the government allowed more refineries.
Where did you get the correlation between spot and market price? And you know spot prices are a reflection of incremental demand, right? "Unleaded gas closed on the Nymex at 209.32 which should result in a price of around $2.75 when you're filling up."
3$ and change where I am. Thinking about finding a circa 1995 hummer.It is showing up under $3 around us now and we average the highest prices in the state.
3$ and change where I am. Thinking about finding a circa 1995 hummer.