>cnbc.com/2020/04/28/ford-f-earnings-q1-2020.html >Ford expects an adjusted pretax loss of $5 billion during the second quarter as the company grapples with the fallout from the coronavirus pandemic >The automaker’s total revenue, which includes auto sales and financing, slid 14.9% to $34.3 billion in the first quarter. >Ford burned through $2.2 billion in cash during the quarter, a number Wall Street is closely watching.
Stock today
>5.38 +0.21 (+4.06%)
John Roberts
I don’t understand what I’m talking about and I’m long volatility bros!
Jack Hughes
>USO reverse split >Check account, had 16 shares that should become 2 shares >Price went up to reflect reverse split but my account still says I have 16 shares >1500% account increase Holy fuck should I sell? If the sale goes through before they do the split to my shares, will they "correct" it later?
Carter Scott
so when is oil going to break down again?
Christian Jones
Clown market. I’m gonna hold amd for a bit before I sell off. If this shit goes up im gonna emp Wall Street so those fucking algorithms can die.
Samuel Robinson
So theoretically you could completely divorce yourself emotionally from stocks, just go by numbers, buy and sell with extremely short stop losses and moderate ~10% gains, and it seems possible you could probably make good money over enough time.
One of the problems though it seems would be having to account for negative fluctuations right? Sometimes a stock takes a small dip before it moons, you never know, so your stop loss would have to have enough room to moderately account for that, but that also opens up the possibility of more loss, which could potentially tilt the whole thing into driving loses?
Where can I find a girl like that? You know, one with a vagina?
John Sanchez
Can only go up from there, very bullish.
Ryder Harris
Any thoughts on this? tldr:
>ICE Brent June futures expiring tomorrow, derivatives (CME etc) expiring today >Brent is also deliverable contract, but unlike WTI, Brent can be cash-settled >Brent cash settlement price is calculated based on physical Brent delivery prices, price given by Dated Brent Price >Dated Brent has been at significantly lower levels than the Futures >This price will get corrected, just like the WTI Futures tanked. Though, Brent is NOT going to negative territory
Oil went up like 20% yesterday without any real reason in oil markets, exept FOMO over Saudi cuts, that are not necessary to cover the demand drop anyway
Hmm. It’s all speculation user. Everyone wants to buy the bottom. There won’t be any more rhyme or reason behind the big pump coming. Remember states are already opening back up
It's been fun, minus these "hey let's start tracking and tracing everyone" ideas that are popping up.
Camden Fisher
>Hmm. It’s all speculation user. Everyone wants to buy the bottom. There won’t be any more rhyme or reason behind the big pump coming. Remember states are already opening back up
*SOME* states opening up, but it's going to take fucking long time for travel and industry to recover. Internationally only few European countries are slowly opening up but oil demand is not going to pick up any time soon. Remember the global oil demand was down like 3x as much as OPEC was going to cut. Even if it picks up, there is a fuckton of oil still stored dampening the price.
Cooper Johnson
I only bought a few at 7 dollars, should've bought a ton more. Ah well, at least I picked up a bunch of Airbus at 50 euros
Place 3 way overlapping orders, fucking inhouse algo manages to crab inbetween.
Brandon Long
Never putting my money in chink pump and dumps unless I somehow have inside information
Ayden Mitchell
Everyone "wanting to buy the bottom" is exactly the reason oil is over the real price and exactly why you should short it before the futures are traded against the real price.
Adrian Cook
Why is fro losing money this makes no sense bros.
Justin Morgan
I’m not disputing anything you are saying. I’m just pointing out that people are ready to buy. Their trigger finger is getting itchy. Many first time investors see opportunity to make some dough.
