War & Oil stock trends. Take notice.
During the 9/11 war oil prices surged and energy stocks followed. Currently the entire market is finally, I say finally, because I shorted it too soon but if I had deeper money longer puts I would be reaping the rewards. My prayers to the Ukraine people. Reading headlines of 10% nuclear war chance seems dreadful. It doesn’t matter how much money you earn flipping houses or in the market if the world is bombed with nukes. Money is worthless at that point so I’m just staying positive that we, including Putin, will get to some point of agreement or end to this conflict. Usually when the USA enters a war we say months but it turns into years. If you view the chart below it shows and energy company following oil.
Just recently, as oil began to spike, oil rig companies that weren’t as profitable now are reopening their unused rigs again for foreign and domestic capabilities to drill. Same thing happened when we had oil conflicts. From my experience in the stock market trends repeat themselves and that’s when you should take notice, journal it, and use it to your trading advantage.
So part of me wanted to invested in long calls on Facebook. It’s still a cash generating machine globally and I really liked my metaverse VR goggle experience even though I’m not a gamer. However, I decided after seeing how energy stocks were up I researched a little more. I came to the conclusion that if this war continues and draws out energy is where to be until it is resolved. So I’m taking a big gamble on beaten down energy stocks that typically follow the leaders around oil prices. We have been living on cheap imported oil for a very long time…
Stocks like RIG, SWN, HAL, XOM
I bought contracts on 1 leap year call options. A whole year to be right or wrong on RIG which predominantly has oil drilling rigs, equipment, and services foreign and domestically. It would actually make a great covered call play at the current price if trends up long-term. I think as long as there is war and conflict we will see a lot of movement in these stocks that have been dead since the end of 9/11.
The real question I have to answer and take action myself is if I’m very right at what point am I happy with my profit and take it off the table. I guess that would be when Putin gives in or his country takes over his country or maybe his army just loses. But, how soon will that happen? You think with all the super tech military drones we have this war would end soon. And what about cyber wars? If Russians have been hacking companies and governments you would think more than ever they would be hijacking everything they can to control the digital e-commerce world creating more problems.
March 8, 2022 | Categories: $100/bbl oil, 2008 stock trends, call options, rig | Tags: facebook, fb, metaverse, oil and war, rig, stocks to trade during oil spike, trading stock options | Leave a comment
Hit my first stock target price prediction on Southwestern Energy Company (SWN) @ $41
SWN yesterday hit $41 and just today pulled back as typical, but definitely on a moving force. I believe the last time I spoke last week it was over $35. What a great call option play, but I’ll have MY day and as long as I keep up with my numbers I should be more ready this fall. It might just work out for me this time with the market poised to turn harder up with all of Fed. Bernanke’s talkin-the-talk, rumors being spread, some mediocre better numbers on economic reports, and stocks finally moving back up leaving their steeply discounted prices. It bothers me a bit. I admit it, I want to trade so bad. I have to resist the powers and keep my promise to myself….man these months discipling myself not to trade have been hard. I get these voices saying, “come on this one will work, you’ve been waiting for it, it will only be one trade…” I have to resist the evil within. I’m sure it means fun and good intentions in it’s own evil mysterious universal ways but I need to stick to my big guns and keep them strapped in just a bit longer.
There will ALWAYs be trades in the future, big moves, small moves, and no moves. Everyday the stock market goes up and down, sidways, and life goes on. Today I’m a trader, tomorrow, and for the rest of my life.
I WILL MAKE LARGE PROFITS OFF YOU SWN, AAPL, NUE, GOOG, SPWR, FSLR, GME, and housing stocks your time is near! You better be afraid market makers of this big Clint Eastword city slicker trader! Be very afraid I will come back the Green Giant!
Other news on stocks – General Motors (GM) 1:100 reverse stock split. What a joke. NOW THATS A PUT OPTION PLAY! This stock when it goes from $2 to $200 (your money cut in half) will start selling like girl scout cookies. Oh, the put option on that baby will be one fat profit play mark my words. ill do an update on it a few weeks after its split. reverse stock splits are the worse.
May 6, 2009 | Categories: aapl, aapl calls, apple aapl stock, apple computer blog, call options, how to become a better money manager, how to become a patient trader, how to retire young, hundreds turned into millions of dollars, predictions on stocks, Southwestern Energy Company, swn options | Tags: 1:100 split, aapl, call options on swn, fslr, gme, goog, how to be disciplined and patient trading stock options, how will GM reverse stock split affect my portfolio?, nue, southwestern energy stock predictions, SPWR, stock options trader, swn | Leave a comment
Data on recent option trades going into april earnings
My two recent option plays:
Description: QQQQ MAY 50 Call
Stock: QQQQ at 44.13
Action: Bought To Open
Quantity: 30 contract(s)
Reg Fees: $0.00
Net Amt: $465.00
bought qqqq’s because I think heavily nasdaq tech stocks are ready for a run into april earnings.
also on the weekly chart the stock rsi is about to cross over and stock looks to move up big
Description: AAPL MAY 145 Call
Stock: AAPL at 143.22
Action: Bought To Open
Quantity: 3 contract(s)
Reg Fees: $0.00
Net Amt: $2,999.95
bought aapl calls going into late april earnings call + big news on new iPhone which will be annouced in June 08. will likely sell calls before earnings then rebuy calls after earnings going into the new iPhone annoucement. also charts in my opinion show a real U shaped bottom reversal moving up on daily charts, weekly stock rsi has already crossed going up. 2 white soldiers on weekly breaking downtrend.
March 31, 2008 | Categories: aapl, Apple, april earnings, call options, news, QQQQ, tech stocks, technical charts, where is the market going? | Tags: Apple, april earnings, call options, may, new iphone, news, QQQQ, tech stocks, where is the market going? | 1 Comment