WoV stock portfolio

Quote: SOOPOO

Up a 3rd day in a row despite the ‘surprise’ speech. End of March got boatloads of dividends…. all plowed into my MMA making a measly 3.5%.

Those better at this than me must have made a killing on this volatility.
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Yuh like all those asians playing choppy shoes at bac they must KNOW something....

It really annoys me that forty years of hard work can be so affected by the ramblings of a madman.
My managed portfolio is up 4.7% over the last 24 hours. Not because of any technical aspect or some tech breakthrough. It's still below when Trump started dropping bombs, but Wall St seems to enjoy a steady diet of tacos.

Over fifty years ago, the US and Saudi Arabia struck a deal. In return for the US extending its protection to the kingdom, Saudi Arabia agreed to only sell oil for US dollars. This has helped prop up the dollar and worked well for the Saudis.
Saudi Arabia has quietly abandoned the agreement, even as the US is deploying anti-missile batteries to protect its territory. Saudi Arabia is now selling oil to China for Yuan, in violation of the agreement.
We literally are at war to protect Saudi Arabia's right to sell oil to our adversaries. The President is threatening China with 50% tariffs while deploying multi-billion dollar weapons systems to protect oil bound for China.
It's week six of a war that costs a billion dollars a day. Total costs are approaching 50 billion dollars, while the new budget proposes cutting the SNAP program to under 75 billion next year.

Quote: billryan

It really annoys me that forty years of hard work can be so affected by the ramblings of a madman.
My managed portfolio is up 4.7% over the last 24 hours. Not because of any technical aspect or some tech breakthrough. It's still below when Trump started dropping bombs, but Wall St seems to enjoy a steady diet of tacos.
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Now you know that's politics and doesn't belong here. If you think someone who speaks publicly can control the markets with his speech, why aren't you listening to that speech and exploiting its information? That's like seeing a hole card and not playing to that information, out of some warped sense of self-righteousness. Inexcusable!

I've been making money hand over fist in recent market conditions, just by paying attention and recognizing that there are some people who know more than me, and many, many more who know less. Everyone who is being honest knows how this is going to end: with a different, less aggressive and more humane group of goat lovers in charge because the old guard got beaten up and their pants pulled down in the schoolyard and no one is afraid of them anymore. There is enough global money and power dependent on the Persian Gulf that nobody in the world who isn't Russian is going to tolerate it being messed with for very long, which is why even those who oppose US actions are doing it with a "strongly worded letter" rather than significant deeds. Nobody wouldn't rather see the Persian Gulf and its navigation managed by a benign US-supported petrostate than a greedy and violent theokleptocracy. So those are the conditions in which we will find our long-term target prices, not the hyperventilations of pundits intent on exploiting human emotions for their own profit.

Quote: AutomaticMonkey

. Everyone who is being honest knows how this is going to end: with a different, less aggressive and more humane group of goat lovers in charge

Yuh Jeb UMerica ALWAYS wins except in Afghanistan, Iraq, Vietnam.....everyone knows this, except people capable of opening a book on recent military history....