Stocks & Shares & that

[Magic]

Soy beans for their takeaways.

[Magic]

Let's hope China double downs. Get those tariffs in the four digits.

It has lol.

[niko_cee]

We can't be far off Trump announcing infinity tariffs.

[Kikó]

They're permanent but negotiable.

[Spikey M]

WTI crude oil plummeted to $55.60 a barrel, meaning it was down 6.68%. Brent crude oil, which is usually used as a global benchmark of oil prices, fell to $58.84 at one point, a 6.34% drop.

It's significant to see the price of oil drop below $60 because we haven't seen such prices since February 2021 - when the world was facing the Covid pandemic.

Then why have I just paid more for petrol than I did last week?

[Bernanke]

Then why have I just paid more for petrol than I did last week?

Rocket and feather pricing innit

[Pepe]

Wealth transfer.

[Foe]

Been gobbling back up shares of my gaff given it’s tanked alongside the oil price drop off.

Volatile markets appear to be the norm now.

[Spikey M]

Gobble my overcharged arsehole you oilwhore.

[Dark Soldier]

BBC gonna be running a news piece on Foe in a year outside a Tesco with a bottle of buckfast crying about Trump and investments

[Foe]

Zooming now with that tweet.

[Magic]

Omg he's put China at 125%.

[Yevrah]

Other than that, he's caved though, right?

S&P up 7% today so would support that.

If so, ROFL and thank you capitalism.

[Magic]

Yes, he's caved. Or massively manipulated things.

[Pepe]

Shit, don't tell me I missed the dip.

[Ben]

Petrol prices will go down when the RAC start bleating to the media and not one moment before.

[Boydy]

View Tweet

[Spikey M]

Outsider trading

[Foe]

Today went well. Sold the open, rebought a bunch later in the day.

Think it’s going to be volatile for the next 90 days.

[Foe]

Winding back tariffs on chips, laptops, iPhones etc. so should (hopefully) see a surge in tech stocks on Monday.

Hopefully that includes super micro computer. I’d quite like to unload my (inexplicably) large stake in that.

Dell also.

[Foe]

A rare green day.

Feels like once a week there’s a huge rocket day, and once a week it reverses. And it’s often in random order.

Fuck being a short seller in this market. Must be some amount of people getting liquidated. If you catch the right side of it though, laughing.

Sold out of a bunch of tech today, and bought into more dividend paying us companies ie chevron and Pepsi. The dollar is so weak at the moment to the pound that it feels like even if the company does shit, the dollar could strength significantly.

That’s my strategy today and I’m sticking with it (this week). Maybe even until tomorrow if the reversal happens I’ll just buy a load of them back.