/biz/ - Business & Finance

File: 947 B, 109x91, 1558053351634.png [View same] [iqdb] [saucenao] [google]

/smg/ - Stock Market General Anonymous Mon, Apr 20, 2020 13:54:23 No.18574418 [Reply] [Original]

>Brokers:
https://pastebin.com/F1yujtVq

>Stock market Words:
https://pastebin.com/VtnpN5iJ

>Risk Management:
https://pastebin.com/sqJUcbjp

>Live Bloomberg Stream:
http://www.livenewson.com/american/bloomberg-television-business.html

>Educational Sites:
https://www.investopedia.com/
https://www.khanacademy.org/economics-finance-domain
https://nhentai.net/tag/inflation/

>Free Chart:
http://www.tradingview.com
https://www.finscreener.com/

>Screeners:
https://finviz.com/
https://www.tradingview.com/screener
https://etfdb.com/

>Pre-Market Data and Live Data:
https://www.investing.com/indices/indices-futures
https://finance.yahoo.com/

>Bio-pharma Catalyst Calendar:
https://biopharmcatalyst.com

>Boomer Investing 101:
https://www.bogleheads.org/wiki/Getting_started

>Dividend Reinvestment (DRIP) Calculator:
https://www.dividendchannel.com/drip-returns-calculator/

>List of hedge fund holdings:
https://fintel.io/

>Misc:
https://squeezemetrics.com/monitor

Prev >>18573276

>>	Anonymous Mon, Apr 20, 2020 13:55:21 No.18574459 oil collapsing is bullish news

>>	Anonymous Mon, Apr 20, 2020 13:55:30 No.18574467 File: 166 KB, 820x885, 370-3709335_view-samegoogleiqdbsaucenao-1500618808068-wojak-pink-scream.jpg [View same] [iqdb] [saucenao] [google] WHAT IS GOING ON?

>>	Anonymous Mon, Apr 20, 2020 13:56:00 No.18574495 >>18574418 Halliechan at 6.66 earlier *heartemoji

>>	Anonymous Mon, Apr 20, 2020 13:56:16 No.18574508 >>18574418 >>18574418 >>18574418 >>18574418

>>	Anonymous Mon, Apr 20, 2020 13:56:30 No.18574519 File: 157 KB, 767x647, bobozone.jpg [View same] [iqdb] [saucenao] [google] >>18574467 war soon

>>	Anonymous Mon, Apr 20, 2020 13:56:37 No.18574524 SIXTEEN FUCKING CENTS PRICED IN

>>	Anonymous Mon, Apr 20, 2020 13:56:44 No.18574533 File: 3 KB, 275x56, Clipboard01.jpg [View same] [iqdb] [saucenao] [google]

>>	Anonymous Mon, Apr 20, 2020 13:56:47 No.18574535 HOW DO I MAKE MONEY WHERE LITERALLY IT HAS NO WHERE TO GO BUT UP?! WHAT THE FUCK OIL STOCKS FUCKING GO DOWN

>>	Anonymous Mon, Apr 20, 2020 13:56:52 No.18574539 File: 88 KB, 1024x576, 1580413719669m.jpg [View same] [iqdb] [saucenao] [google] 12 cents a barrel

>>	Anonymous Mon, Apr 20, 2020 13:56:55 No.18574541 FREE OIL

>>	Anonymous Mon, Apr 20, 2020 13:56:56 No.18574543 a barrel of oil just flew over my house

>>	Anonymous Mon, Apr 20, 2020 13:56:58 No.18574548 File: 16 KB, 198x328, 7e71623ee52e8e16262eed9f828358a6c644c6ad37deca7cfc29b95b1b523cea.jpg [View same] [iqdb] [saucenao] [google] what does cheap oil mean

>>	Anonymous Mon, Apr 20, 2020 13:57:04 No.18574552 HOLY SHIT I SAW IT HIT 0

>>	Anonymous Mon, Apr 20, 2020 13:57:09 No.18574555 >>18574418 >IQ48ewQD >IQ48 >>18574453 Sounds about right

>>	Anonymous Mon, Apr 20, 2020 13:57:09 No.18574558 Explain to a brainlet. What does this mean? This is the may futures contract right? When may begins do you actually need to take a barrel if you buy one of those future? I AM CONFUSED

>>	Anonymous Mon, Apr 20, 2020 13:57:10 No.18574559 ZEROZEROZEROZEROZEROZEROZEROZEROZEROZEROZEROZEROZEROZEROZEROZEROZEROZEROZEROZEROZEROZEROZEROZEROZEROZEROZEROZEROZEROZEROZEROZEROZEROZEROZEROZEROZEROZEROZEROZEROZEROZEROZEROZEROZEROZEROZERO

>>	Anonymous Mon, Apr 20, 2020 13:57:10 No.18574561 FREE OIL YAYYY

>>	Anonymous Mon, Apr 20, 2020 13:57:11 No.18574563 >entire front page of /biz/ is about oil because its something crypto shits understand Next up, the entire market

>>	Anonymous Mon, Apr 20, 2020 13:57:13 No.18574564 File: 304 KB, 770x775, 1553134023995.png [View same] [iqdb] [saucenao] [google] 00000000000000000 >00000000000000000 00000000000000000 >00000000000000000 00000000000000000 >00000000000000000 00000000000000000 WE FUCKING DID IT BOBOS

>>	Anonymous Mon, Apr 20, 2020 13:57:18 No.18574569 File: 107 KB, 432x768, Capicucks.jpg [View same] [iqdb] [saucenao] [google] >>18574418 Up 20% today, gonna dump all my gains into FFS, silver, and anime figures.

>>	Anonymous Mon, Apr 20, 2020 13:57:18 No.18574570 19 FUCKING CENTS

>>	Anonymous Mon, Apr 20, 2020 13:57:18 No.18574571 File: 495 KB, 500x379, 1586051097398.gif [View same] [iqdb] [saucenao] [google] >/smg/ is full of retards who can't into oil futures

>>	Anonymous Mon, Apr 20, 2020 13:57:19 No.18574575 File: 42 KB, 591x570, 1587174578368.jpg [View same] [iqdb] [saucenao] [google] >So this guy just wrote based. When I see that I reply "based on what?" and then other people reply to me calling me based.

>>	Anonymous Mon, Apr 20, 2020 13:57:26 No.18574579 A FUCKING PENNY

>>	Anonymous Mon, Apr 20, 2020 13:57:39 No.18574589 ZERO

>>	Anonymous Mon, Apr 20, 2020 13:57:39 No.18574590 File: 31 KB, 847x692, rip and tear.jpg [View same] [iqdb] [saucenao] [google] >$0.00

>>	Anonymous Mon, Apr 20, 2020 13:57:40 No.18574592 File: 73 KB, 960x902, 1576528689147.jpg [View same] [iqdb] [saucenao] [google] >mfw went away at 1.5 and came back to .01

>>	Anonymous Mon, Apr 20, 2020 13:57:42 No.18574596 File: 381 KB, 625x368, clowns on parade.png [View same] [iqdb] [saucenao] [google]

>>	Anonymous Mon, Apr 20, 2020 13:57:45 No.18574598 This is a nothing burger. Oil 20 bucks tommorow. Fucking dumbasses.

>>	Anonymous Mon, Apr 20, 2020 13:57:47 No.18574600 >/smg/ freaking out about oil babby's first contract rollover

>>	Anonymous Mon, Apr 20, 2020 13:57:47 No.18574602 WHAT THE FUUUUUUUUUCK IS HAPPENINNNNNNG

>>	Anonymous Mon, Apr 20, 2020 13:57:47 No.18574603 How can the arabs do this to us? they all should be fucking fire bombed.

>>	Anonymous Mon, Apr 20, 2020 13:57:54 No.18574606 File: 122 KB, 554x554, coomer toast.jpg [View same] [iqdb] [saucenao] [google] >>18574564

>>	Anonymous Mon, Apr 20, 2020 13:57:54 No.18574608 does anyone know why oil stocks stopped mooning earlier today? they usually inverse oil price

>>	Anonymous Mon, Apr 20, 2020 13:57:58 No.18574613 ZZEEEEEEEEERRRRRRRRRRROOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

>>	Anonymous Mon, Apr 20, 2020 13:58:01 No.18574615 Where are you guys watching the price live? I want to see this happen in real time.

Anonymous Mon, Apr 20, 2020 13:58:01 No.18574616

-18%...WOW!

we are now close to all times market low 10.5.

analyzing the price action we can see a potential harmonic abcd formation with a perfect match with 1.414 extension.
for me, the safest buying zone will be between 10.5 - 12.0.

I would say that the underlined area is best for investing purposes buying without leverage on 1-2 year holding period with great potential roi .

for day trading, wait for a reversal formation within the zone, and buy with 18.0 initial target and your stop below the zone.

good luck!

>>	Anonymous Mon, Apr 20, 2020 13:58:11 No.18574625 File: 43 KB, 480x337, 1582842182334.jpg [View same] [iqdb] [saucenao] [google] AHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

>>	Anonymous Mon, Apr 20, 2020 13:58:14 No.18574632 File: 2.64 MB, 368x368, 1586449846896.gif [View same] [iqdb] [saucenao] [google]

>>	Anonymous Mon, Apr 20, 2020 13:58:16 No.18574634 OIAGOIJA VUFUFUFUCK HAHAHAHAHAHAHHAAHA OF CUK AHAHAHAHAHA THIS ITHE MOST BEATUFIL DAY OF MY LIFE

>>	Anonymous Mon, Apr 20, 2020 13:58:19 No.18574636 File: 199 KB, 808x485, 1529201194881.png [View same] [iqdb] [saucenao] [google] Yep, Im thinking he's back

>>	Anonymous Mon, Apr 20, 2020 13:58:30 No.18574646 File: 759 KB, 828x522, eb3vkhg5qjsy.png [View same] [iqdb] [saucenao] [google] OIL HIT ZERO

>>	Anonymous Mon, Apr 20, 2020 13:58:32 No.18574644 >>18574615 https://www.tradingview.com/chart/5Ho28UCv/

>>	Anonymous Mon, Apr 20, 2020 13:58:39 No.18574652 File: 3 KB, 277x50, Clipboard01.jpg [View same] [iqdb] [saucenao] [google]

>>	Anonymous Mon, Apr 20, 2020 13:58:43 No.18574654 Crude was at 0.00 for a split second

>>	Anonymous Mon, Apr 20, 2020 13:58:46 No.18574655 File: 1.73 MB, 387x269, 1566410559907.gif [View same] [iqdb] [saucenao] [google] >>18574615 here you go bby https://www.tradingview.com/symbols/USOIL/

>>	Anonymous Mon, Apr 20, 2020 13:58:54 No.18574661 File: 910 KB, 4128x3096, 20200420_185737-min.jpg [View same] [iqdb] [saucenao] [google] 10 cents a barrel

>>	Anonymous Mon, Apr 20, 2020 13:58:57 No.18574663 File: 81 KB, 1687x889, 1587405475584.png [View same] [iqdb] [saucenao] [google] ITS HAPPENING

>>	Anonymous Mon, Apr 20, 2020 13:58:58 No.18574664 >>18574418 FREE ENERGY >FREE ENERGY FREE ENERGY >FREE ENERGY FREE ENERGY >FREE ENERGY FREE ENERGY >FREE ENERGY

>>	Anonymous Mon, Apr 20, 2020 13:59:06 No.18574670 >>18574418 Oil being free is priced in

>>	Anonymous Mon, Apr 20, 2020 13:59:11 No.18574672 What does it mean if WTI goes to 0? Its a CFD right? So can't it go negative? How bad would this be? I don't trade oil - tell me like I'm a retard

>>	Anonymous Mon, Apr 20, 2020 13:59:25 No.18574686 >>18574571 Are you the anon who told me to do my own research from last thread? Thank you again.

>>	Anonymous Mon, Apr 20, 2020 13:59:32 No.18574690 File: 306 KB, 677x685, xjxj.png [View same] [iqdb] [saucenao] [google] >>18574571 Im truly embarrassed to be apart of Stock Market General today

>>	Anonymous Mon, Apr 20, 2020 13:59:34 No.18574691 >>18574664 HOLY SHIT we've solved all our energy problems!

>>	Anonymous Mon, Apr 20, 2020 13:59:44 No.18574694 >>18574598 Shit is going to be so cash if oil appears as 22 dollars tomorrow and the Texas Oil Barons are meeting so normies will think its because of that and USO will skyrocket to 6 tomorrow and wednesday lmao

>>	Anonymous Mon, Apr 20, 2020 13:59:48 No.18574699 >>18574418 Someone redpill me on VBIV.

Anonymous Mon, Apr 20, 2020 13:59:59 No.18574708
File: 811 KB, 2591x3624, 5C096441-57D0-4978-A1ED-7F178CFFFEFD.jpg [View same] [iqdb] [saucenao] [google]

OOOOOOOOOOOOOOOOOOOOOO
>REGN
>LLY
>MRK
OOOOOOOOOOOOOOOOOOOO

>>18574571
We’ve had contracts roll over before though. Has it ever caused a 98% crash in the price?

>>	Anonymous Mon, Apr 20, 2020 14:00:00 No.18574704 >>18574672 Energy industry collapse, currency collapse

>>	Anonymous Mon, Apr 20, 2020 14:00:00 No.18574709 >>18574644 Thanks anon, I appreciate it.

>>	Anonymous Mon, Apr 20, 2020 14:00:16 No.18574718 File: 15 KB, 563x294, 1587405439532.png [View same] [iqdb] [saucenao] [google] >THEY DO IT FOR FREE

Anonymous Mon, Apr 20, 2020 14:00:17 No.18574719

>>18574548
Two things:
1) Oil companies go out of business and are either bought up by the big boys or simply disappear, causing huge unemployment. US and Canadian companies will likely go first because oil is hard to get at here and wages are higher than other places.
2) Any industry that uses fuel sees a huge reduction in cost of operation, so the good produced by them get cheaper for the consumer.

>>	Anonymous Mon, Apr 20, 2020 14:00:23 No.18574726 >>18574644 >this chart layout can't be opened

>>	Anonymous Mon, Apr 20, 2020 14:00:23 No.18574727 >>18574690 its fun to shitpost though

>>	Anonymous Mon, Apr 20, 2020 14:00:34 No.18574732 lol @ people who bought electircs and hybrids after this summer when new Costco memberships get a complementary dozen barrels of oil.

>>	Anonymous Mon, Apr 20, 2020 14:00:40 No.18574735 >>18574636 >Oil hits LITERALLY $0 >Oh yeah now it's shorting time -/biz/

>>	Anonymous Mon, Apr 20, 2020 14:00:43 No.18574739 File: 1.34 MB, 2316x3088, 300C059D-70D3-4C5F-A69E-3D2E991DC100.jpg [View same] [iqdb] [saucenao] [google] >Oil -98% >US10Y -5.32% >BTC -3.41% >Nasdaq Green

>>	Anonymous Mon, Apr 20, 2020 14:00:48 No.18574742 File: 92 KB, 798x800, flat800x800075f.jpg [View same] [iqdb] [saucenao] [google] guys the continuous contract is still at $20 this is just futures fuckery

>>	Anonymous Mon, Apr 20, 2020 14:00:53 No.18574748 File: 6 KB, 249x141, oilgone334.png [View same] [iqdb] [saucenao] [google] LAST THREAD GOT 420 POSTS IN 30 MINUTES! ITS LITERALLY HAPPENING!

>>	Anonymous Mon, Apr 20, 2020 14:00:58 No.18574750 >>18574691 THIS WHO NEEDS NIKOLA TESLA WE ALREADY HAVE FREE ENERGY!

>>	Anonymous Mon, Apr 20, 2020 14:01:05 No.18574754 >>18574690 Instead of being a pedo why dont you buy oil?

>>	Anonymous Mon, Apr 20, 2020 14:01:07 No.18574755 >>18574571 Yup, this happens every month bro, oil is 0$ every month

Anonymous Mon, Apr 20, 2020 14:01:12 No.18574758
File: 40 KB, 243x236, 1582050374999.gif [View same] [iqdb] [saucenao] [google]

>Oil literally free
>SP500 doesn't give a fuck
>XOM, CVX doesn't give a fuck
What the hell is wrong with this clown world. And don't tell me about the June contracts, when May contracts are litteraly FREE, it means demand was vastly overestimated, and it will be overestimated as well in June. Or else, everybody would buy oil right now for FREE, get it delivered and resell it one month later for 20+ Powellbux.

The stock markets and oil stocks staying that high doesn't make any single sense.

>>	Anonymous Mon, Apr 20, 2020 14:01:23 No.18574762 >>18574670 Kek

>>	Anonymous Mon, Apr 20, 2020 14:01:24 No.18574764 >>18574735 asking for a friend, where do i long this?

>>	Anonymous Mon, Apr 20, 2020 14:01:52 No.18574778 >>18574739 yummy

>>	Anonymous Mon, Apr 20, 2020 14:02:05 No.18574784 File: 396 KB, 675x506, 1559004187377.webm [View same] [iqdb] [saucenao] [google] >>18574686 No, but it's always a good idea to do your own research.

>>	Anonymous Mon, Apr 20, 2020 14:02:06 No.18574785 >>18574418 >>18574418

>>	Anonymous Mon, Apr 20, 2020 14:02:13 No.18574788 >the word literally ending >fed just fucking buys all the equities How do you guys like this “free market” and “capitalism” we’ve got going here? What a fucking joke, we are so fucked in the long term

>>	Anonymous Mon, Apr 20, 2020 14:02:20 No.18574793 >>18574742 But this is unusual no? Or is this just the news heads showing us irrelevant data and retards shitposting ad freaking out?

>>	Anonymous Mon, Apr 20, 2020 14:02:23 No.18574794 >>18574718 I hope nobody has a bot running that buys everything at zero

>>	Anonymous Mon, Apr 20, 2020 14:02:25 No.18574796 File: 40 KB, 424x297, 1442022166299.jpg [View same] [iqdb] [saucenao] [google] HE DRILLS IT FOR FREE!

>>	Anonymous Mon, Apr 20, 2020 14:02:31 No.18574800 >>18574726 https://www.tradingview.com/symbols/USOIL/

>>	Anonymous Mon, Apr 20, 2020 14:02:42 No.18574808 >>18574690 >>18574571 you're idiots

>>	Anonymous Mon, Apr 20, 2020 14:02:52 No.18574814 File: 27 KB, 523x356, Screenshot from 2020-04-20 13-59-31.png [View same] [iqdb] [saucenao] [google] >>18574663 Bullish

>>	Anonymous Mon, Apr 20, 2020 14:02:55 No.18574815 >>18574796 kek

Anonymous Mon, Apr 20, 2020 14:02:55 No.18574816
File: 89 KB, 736x736, 1527263200065.jpg [View same] [iqdb] [saucenao] [google]

Doesn't this mean that nobody wants to buy oil right now even if it's to store?

Considering most of the world economy will continue closed the demand for oil will not change much from what it is right now.

Explain to me how that's not extremally bad.

>>	Anonymous Mon, Apr 20, 2020 14:03:08 No.18574823 >>18574788 ALL TO SAVE SOME BOOMERS

>>	Anonymous Mon, Apr 20, 2020 14:03:13 No.18574825 Explain to me why the DOW is in a crab market while it too should crash?

>>	Anonymous Mon, Apr 20, 2020 14:03:17 No.18574826 File: 2.34 MB, 1770x934, Pain.png [View same] [iqdb] [saucenao] [google]

>>	Anonymous Mon, Apr 20, 2020 14:03:18 No.18574827 >>18574535 the mentality that nothing can truly fail has poisoned the market into eternal crabbing if anything dips it's immediately bought up in a frenzy regardless of the situation

>>	Anonymous Mon, Apr 20, 2020 14:03:29 No.18574832 >>18574758 it is weird considering the oil dump a few weeks ago caused the markets to drop several percentages

>>	Anonymous Mon, Apr 20, 2020 14:03:40 No.18574837 >>18574788 Crypto will save us

>>	Anonymous Mon, Apr 20, 2020 14:03:41 No.18574838 File: 471 KB, 850x1202, 1548841747334.jpg [View same] [iqdb] [saucenao] [google] >>18574755 Go ahead and short oil then if you are so sure kiddo.

>>	Anonymous Mon, Apr 20, 2020 14:03:50 No.18574843 >>18574825 because brrrrrr

>>	Anonymous Mon, Apr 20, 2020 14:03:53 No.18574845 >>18574800 thanks pal

>>	Anonymous Mon, Apr 20, 2020 14:03:53 No.18574849 >>18574794 you cant buy oil

>>	Anonymous Mon, Apr 20, 2020 14:04:05 No.18574857 dude could this be the start of the real crash? like great depression shit?

>>	Anonymous Mon, Apr 20, 2020 14:04:15 No.18574861 >>18574718 https://www.youtube.com/watch?v=6jJkdRaa04g

>>	Anonymous Mon, Apr 20, 2020 14:04:17 No.18574862 How do I short the June contract when the exact same thing happens next month

>>	Anonymous Mon, Apr 20, 2020 14:04:28 No.18574865 >>18574825 Because its so fucking inflated by infinite QE

Anonymous Mon, Apr 20, 2020 14:04:28 No.18574866

>>18574816
Pasting this from seekingalpha:
The headline number that everyone is freaking out over is the front month contract. Right now that's the May contract. Trading in this contract will end tomorrow, April 21, and delivery of physical crude will be in May.
In the normal course of events traders holding this contract about now would be selling it to someone will to take physical delivery and then roll the income from that sale into a later contract.
RIght now, however, no one wants to (or is able to) take physical delivery. Storage is near full. So no one want this contract, hence the crash in pricing.
On Wednesday the headlines will report a 50% jump in crude prices because the headlines always refer to the front month price. And on Wednesday the front month contract will be the June contract.
As for USO, they try to hold the front month contract, but they don't hold it to the very end. This month, USO started to roll to the June contract on 7-April and were done by 13-Apr. So they missed this crash.
Also, note that because USO has gotten so big they are no able to hold all their assets in the front month contract. It would violate exchange rules. Going forward USO will hold only 80% in the front month and 20 % in the next month.

>>	Anonymous Mon, Apr 20, 2020 14:04:33 No.18574870 >>18574816 Theres lots of newbs in the thread buying oil that increases demand for oil making the price rise

>>	Anonymous Mon, Apr 20, 2020 14:04:39 No.18574872 >>18574727 Go back to /pol/

>>	Anonymous Mon, Apr 20, 2020 14:04:47 No.18574873 File: 891 KB, 160x101, 1577178241041.gif [View same] [iqdb] [saucenao] [google] >oil literally 0.00 >can't make any money off of it WHY ARE WE HERE? JUST TO SUFFER?

>>	Anonymous Mon, Apr 20, 2020 14:04:50 No.18574876 >>18574857 probably not, but its not an indicator that things are getting better quickly either

>>	Anonymous Mon, Apr 20, 2020 14:04:52 No.18574878 >>18574843 Reddit

>>	Anonymous Mon, Apr 20, 2020 14:05:03 No.18574885 I don't touch penny stocks

>>	Anonymous Mon, Apr 20, 2020 14:05:07 No.18574887 >>18574816 noone is buying because the contracts have just ended. so no large companies are buying oil atm. It'll go up tomorrow.

>>	Anonymous Mon, Apr 20, 2020 14:05:09 No.18574889 >>18574857 Risk of deflation is very high yes.

>>	Anonymous Mon, Apr 20, 2020 14:05:13 No.18574892 >>18574418 AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>	Anonymous Mon, Apr 20, 2020 14:05:16 No.18574893 I'm dumb can someone explain me what it means for us the normal people?

>>	Anonymous Mon, Apr 20, 2020 14:05:19 No.18574895 >>18574838 >shorting something that's literally at 0 laughing out loud desu senpai

>>	Anonymous Mon, Apr 20, 2020 14:05:25 No.18574899 >>18574816 I think this is the tinder we're waiting on a flame to set oil prices on fire: war, countries reopening, elections, etc.

>>	Anonymous Mon, Apr 20, 2020 14:05:28 No.18574900 File: 51 KB, 460x459, 1511308975054.jpg [View same] [iqdb] [saucenao] [google] >>18574870 oh yeah dude, I'm sure 15 people from /smg/ are pushing XOM to 42

>>	Anonymous Mon, Apr 20, 2020 14:05:31 No.18574901 >>18574838 Have fun going bankrupt when its negative bro

>>	Anonymous Mon, Apr 20, 2020 14:05:34 No.18574906 >>18574823 Boomers keep the world fed and clotged living in comfort have some gratitude

>>	Anonymous Mon, Apr 20, 2020 14:05:42 No.18574910 Just bought BP

>>	Anonymous Mon, Apr 20, 2020 14:05:47 No.18574914 File: 16 KB, 326x326, 7b9.jpg [View same] [iqdb] [saucenao] [google] ITS FREEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

>>	Anonymous Mon, Apr 20, 2020 14:06:00 No.18574921 >>18574893 Gasoline under a dollar for you cuck

>>	Anonymous Mon, Apr 20, 2020 14:06:03 No.18574925 >>18574885 not gonna make it

>>	Anonymous Mon, Apr 20, 2020 14:06:07 No.18574930 >>18574893 Absolutely nothing. You still pay the same prices. Its only meaningful in the world of coroporations and the financial clown world.

Anonymous Mon, Apr 20, 2020 14:06:10 No.18574931

>>18574558

It means zero profits for drillers in May. It means they lied about our storage capacity and pretended like we weren't as full of stored oil as we really were. It means bankruptcies the likes of which we've never seen. It means thousands of layoffs. It means unfathomable misery.

>>	Anonymous Mon, Apr 20, 2020 14:06:18 No.18574934 Best way to long oil right now? OIL etn, maybe?

>>	Anonymous Mon, Apr 20, 2020 14:06:29 No.18574941 >>18574906 OK boomer

>>	Anonymous Mon, Apr 20, 2020 14:06:31 No.18574943 how can crude oil drop to $0.08 and the market, including all the oil companies, barely react?

>>	Anonymous Mon, Apr 20, 2020 14:06:33 No.18574945 >>18574857 We ALREADY ARE in a deep recession anon, it can only be a worse depression from now

>>	Anonymous Mon, Apr 20, 2020 14:06:43 No.18574951 >>18574893 you can put gas in your car for less then $0.50

>>	Anonymous Mon, Apr 20, 2020 14:06:43 No.18574952 File: 305 KB, 1437x980, Screenshot_20200420-110455_CNBC.jpg [View same] [iqdb] [saucenao] [google] Where is that anon that went all in on oil... Don't be shy, you know who you are...

>>	Anonymous Mon, Apr 20, 2020 14:07:04 No.18574965 >>18574943 priced in

>>	Anonymous Mon, Apr 20, 2020 14:07:07 No.18574966 >>18574943 probably expecting it to be a flash crash and/or getting a government bailout

>>	Anonymous Mon, Apr 20, 2020 14:07:08 No.18574968 >>18574558 It means canada is going greece-mode except 100x worse.

>>	Anonymous Mon, Apr 20, 2020 14:07:18 No.18574972 >>18574825 THERE ARE NO OTHER ASSETS TO PUT MONEY INTO EXCEPT STOCKS

>>	Anonymous Mon, Apr 20, 2020 14:07:30 No.18574979 Any other oil scholars that bought USO at open today?

>>	Anonymous Mon, Apr 20, 2020 14:07:43 No.18574988 >>18574866 this kills /smg/ oiltards

>>	Anonymous Mon, Apr 20, 2020 14:07:45 No.18574989 >>18574943 Because they are infinitely inflated, so stocks are worthless

>>	Anonymous Mon, Apr 20, 2020 14:07:48 No.18574992 File: 1.04 MB, 2048x1679, katsoup.jpg [View same] [iqdb] [saucenao] [google] >>18574934 this pls. i asked earlier too. attaching pic for attention

>>	Anonymous Mon, Apr 20, 2020 14:07:50 No.18574994 File: 256 KB, 847x793, 1586875659524.jpg [View same] [iqdb] [saucenao] [google] Saw a couple of weak bears covering after a 99% down move and not waiting until oil goes negative. Disgusting.

Anonymous Mon, Apr 20, 2020 14:07:53 No.18574996
File: 36 KB, 170x162, 1569810131353.png [View same] [iqdb] [saucenao] [google]

>>18574873
you can make money off it. Take as many of those contracts as you can get your fat little fingers on and take actual delivery on them. Throw out the oil in your backyard and then sell the metal barrels for money. You can thank me later you black bitch

>>	Anonymous Mon, Apr 20, 2020 14:07:53 No.18574997 What will happen with the petrodolar?

>>	Anonymous Mon, Apr 20, 2020 14:07:57 No.18575001 >>18574943 it's unironically priced in you retard

>>	Anonymous Mon, Apr 20, 2020 14:07:57 No.18575002 >>18574866 Huh. Decent coverage from seeking alpha. Usually it’s just some random idiot saying buy this or sell that or pay for my premium service. Thanks anon!

>>	Anonymous Mon, Apr 20, 2020 14:08:03 No.18575005 >>18574895 >>18574901 please learn to read

>>	Anonymous Mon, Apr 20, 2020 14:08:13 No.18575012 >>18574952 Dumbasses all bought current oil indexes because futures are dead. They're clinically retarded enough that everything is fucking UP.

>>	Anonymous Mon, Apr 20, 2020 14:08:21 No.18575019 >>18574943 the may contract is dropping, the june contract is still at $22

>>	Anonymous Mon, Apr 20, 2020 14:08:41 No.18575024 File: 159 KB, 1379x1200, mr bobo.jpg [View same] [iqdb] [saucenao] [google] >>18574994 based bobro

>>	Anonymous Mon, Apr 20, 2020 14:08:47 No.18575030 ITS GOING FUCKING NEGATIVE

>>	Anonymous Mon, Apr 20, 2020 14:08:51 No.18575035 Why aren't you waiting outside the oil pumps to help them take a few barrels FOR FREE? It's your fucking DUTY as a patriot!

>>	Anonymous Mon, Apr 20, 2020 14:08:51 No.18575037 i thought russia and saudis came to an agreement. How did this happen?

>>	Anonymous Mon, Apr 20, 2020 14:09:03 No.18575049 >>18575019 22 dollars might purely be the cost of carry

>>	Anonymous Mon, Apr 20, 2020 14:09:03 No.18575050 It's literally $22 I'm looking at it right now WTF is everyone saying, are they memeing?

>>	Anonymous Mon, Apr 20, 2020 14:09:07 No.18575052 >>18574997 What happens to this conspiracy theory I believe because I'm retarded?

>>	Anonymous Mon, Apr 20, 2020 14:09:10 No.18575054 File: 19 KB, 480x360, 6b15becd4748ffd9d1b34494aaa2879a.jpg [View same] [iqdb] [saucenao] [google] >>18574418 >The price of oil has literally nothing to do with oil stonks The fuck?

>>	Anonymous Mon, Apr 20, 2020 14:09:23 No.18575062 File: 29 KB, 512x384, 1346364082208.jpg [View same] [iqdb] [saucenao] [google] IF I HAD TOLD YOU A BARREL OF OIL WOULD BE WORTH A 4CHAN JANITORS SALARY ONE DAY, I WOULD BE LAUGHED OFF THE FACE OF THE PLANET

>>	Anonymous Mon, Apr 20, 2020 14:09:26 No.18575064 File: 343 KB, 1000x1000, 1587401364566.jpg [View same] [iqdb] [saucenao] [google] I can't believe I just saw a crude contract go negative. Absolutely unreal.

>>	Anonymous Mon, Apr 20, 2020 14:09:37 No.18575075 >>18574418 >oil literally at 0 >market is up Fucking clown market lmao. Held up with fucking monopoly bux

>>	Anonymous Mon, Apr 20, 2020 14:09:46 No.18575081 >>18575050 The happening is on the May contract

>>	Anonymous Mon, Apr 20, 2020 14:09:46 No.18575083 File: 75 KB, 686x526, 1579859602667.jpg [View same] [iqdb] [saucenao] [google] NEGATIVE 16 cents NEGATIVE 16 CENTS NEGATIVE 16 CENTS

>>	Anonymous Mon, Apr 20, 2020 14:09:50 No.18575084 I CAN'T BUY BECAUSE I ALL IN'D ON SHITCOINS NOOOOOOOOOOOOOOO

>>	Anonymous Mon, Apr 20, 2020 14:10:04 No.18575095 >>18575050 Those are the june contracts, we are looking at may

>>	Anonymous Mon, Apr 20, 2020 14:10:12 No.18575097 SHOULD I BUY

Anonymous Mon, Apr 20, 2020 14:10:17 No.18575104
File: 239 KB, 1024x1024, 1563866322163.png [View same] [iqdb] [saucenao] [google]

>>18574997
if the supply doesn't go back up and this happens month after month where everyone refuses to take delivery cause there's no where to put the fucking oil? Probably and unironically collapse, a least for the short term.

>>	Anonymous Mon, Apr 20, 2020 14:10:18 No.18575108 File: 40 KB, 800x533, 792dea4369f97bec2b8f60e027837999.jpg [View same] [iqdb] [saucenao] [google] >>18574997 the US can no longer BRRRRRRR. people are out in cities protesting.

>>	Anonymous Mon, Apr 20, 2020 14:10:24 No.18575112 >>18575050 Retards doesn't know how things work, just meme with them and hope they get fucked

>>	Anonymous Mon, Apr 20, 2020 14:10:27 No.18575116 NEGATIVE NEGATIVE NEGATIVE NEGATIVE NEGATIVE AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>	Anonymous Mon, Apr 20, 2020 14:10:31 No.18575121 File: 10 KB, 599x259, AAAAAAAAAAAAAAAAAAAAAAAAAAAAA.png [View same] [iqdb] [saucenao] [google] ITS OVER

>>	Anonymous Mon, Apr 20, 2020 14:10:32 No.18575123 It's stuck at 1 cent

>>	Anonymous Mon, Apr 20, 2020 14:10:42 No.18575133 File: 108 KB, 960x960, 1586727678253.jpg [View same] [iqdb] [saucenao] [google] a toast to china

>>	Anonymous Mon, Apr 20, 2020 14:10:42 No.18575135 File: 109 KB, 1343x821, Annotation 2020-04-20 130924.png [View same] [iqdb] [saucenao] [google] did it jsut get stuck at .01?

>>	Anonymous Mon, Apr 20, 2020 14:10:43 No.18575137 File: 1.23 MB, 1209x705, nice.png [View same] [iqdb] [saucenao] [google]

>>	Anonymous Mon, Apr 20, 2020 14:10:51 No.18575139 It's been stuck on 0.01 for a while now

>>	Anonymous Mon, Apr 20, 2020 14:10:54 No.18575141 File: 8 KB, 230x219, loli with interrogation marks.jpg [View same] [iqdb] [saucenao] [google] What's the difference between an oil contract for May vs June? pls help i am dumb

>>	Anonymous Mon, Apr 20, 2020 14:10:56 No.18575143 HOLY FUCK!!!!! Theme: https://www.youtube.com/watch?v=k1-TrAvp_xs

>>	Anonymous Mon, Apr 20, 2020 14:11:03 No.18575149 File: 3 KB, 456x67, USOIL one cent.png [View same] [iqdb] [saucenao] [google] AND THIS IS TO GO EVEN FURTHER BEYOND

>>	Anonymous Mon, Apr 20, 2020 14:11:03 No.18575150 >>18575062 Kek. Fuck jannies

>>	Anonymous Mon, Apr 20, 2020 14:11:05 No.18575152 AHHHHHHHHHHH

>>	Anonymous Mon, Apr 20, 2020 14:11:10 No.18575155 >>18575135 yeah, what's going on I'm scared bros

>>	Anonymous Mon, Apr 20, 2020 14:11:14 No.18575156 1 CENT NIGGAS

>>	Anonymous Mon, Apr 20, 2020 14:11:16 No.18575158 Negativebros...

>>	Anonymous Mon, Apr 20, 2020 14:11:20 No.18575160 File: 1.82 MB, 1895x864, the kike cries as he cuts your foreskin.png [View same] [iqdb] [saucenao] [google] >>18575083

>>	Anonymous Mon, Apr 20, 2020 14:11:25 No.18575162 >down to -1.43 It’s over

>>	Anonymous Mon, Apr 20, 2020 14:11:27 No.18575166 kek negative buck fifty bloomberg goin wild

>>	Anonymous Mon, Apr 20, 2020 14:11:30 No.18575167 oh my god

>>	Anonymous Mon, Apr 20, 2020 14:11:32 No.18575171 >>18575135 >>18575121 yeah its stuck for me too

>>	Anonymous Mon, Apr 20, 2020 14:11:40 No.18575179 >>18575062 kek

>>	Anonymous Mon, Apr 20, 2020 14:11:43 No.18575183 >>18575135 TRADING VIEW CRASHED! It can't handle negative prices!

>>	Anonymous Mon, Apr 20, 2020 14:11:54 No.18575194 File: 918 KB, 4128x3096, 20200420_191014-min.jpg [View same] [iqdb] [saucenao] [google] Minus 107% Minus 107% Minus 107%

>>	Anonymous Mon, Apr 20, 2020 14:11:58 No.18575196 OIL AT NEGATIVE -1.43 TRADINGVIEW DOES NOT SHOW NEGATIVE NUMBERS CHECK CNBC

Anonymous Mon, Apr 20, 2020 14:11:58 No.18575197
File: 498 KB, 800x800, 1587079342460.png [View same] [iqdb] [saucenao] [google]

>TFW I WENT IN ALL OIL WHEN THAT SHIT TANKED AT OPEN
>TFW IM SITTING AT A 23% YIELD IN A SINGLE FUCKING DAY

HOW IS THIS POSSIBLE? ARE THEY CRAZY? THEY ARE GOING TO CAUSE THE 2ND GREAT DEPRESSION DOING THIS SHIT.

>>	Anonymous Mon, Apr 20, 2020 14:11:59 No.18575198 >>18575149 HAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>	Anonymous Mon, Apr 20, 2020 14:12:04 No.18575201 >>18575155 >>18575135 its negative 107% tradingview wont show it

>>	Anonymous Mon, Apr 20, 2020 14:12:06 No.18575202 Isn't the oil price usually corellated with the stock market? Why does the stop market literally don't move downwards?

>>	Anonymous Mon, Apr 20, 2020 14:12:12 No.18575208 File: 7 KB, 523x355, ohNOKMONONONONONO.png [View same] [iqdb] [saucenao] [google] >>18575135 Trump is saving the oil

>>	Anonymous Mon, Apr 20, 2020 14:12:17 No.18575213 WHY WON'T IT GO DOWN NOOOOO WE GOT TO COCKY BROS IT WON'T GO DOWN

>>	Anonymous Mon, Apr 20, 2020 14:12:24 No.18575219 Chart I'm looking at can't go negative. Where are you seeing this?

>>	Anonymous Mon, Apr 20, 2020 14:12:30 No.18575223 File: 74 KB, 1533x866, file.png [View same] [iqdb] [saucenao] [google] this is it guys

>>	Anonymous Mon, Apr 20, 2020 14:12:32 No.18575227 > -1.70 How do I long the idea of getting drafted

Anonymous Mon, Apr 20, 2020 14:12:47 No.18575237

OIL TRADING AT NEGATIVE $2
>OIL TRADING AT NEGATIVE $2
OIL TRADING AT NEGATIVE $2
>OIL TRADING AT NEGATIVE $2
OIL TRADING AT NEGATIVE $2
>OIL TRADING AT NEGATIVE $2
OIL TRADING AT NEGATIVE $2
>OIL TRADING AT NEGATIVE $2
OIL TRADING AT NEGATIVE $2
>OIL TRADING AT NEGATIVE $2
OIL TRADING AT NEGATIVE $2
>OIL TRADING AT NEGATIVE $2
OIL TRADING AT NEGATIVE $2
>OIL TRADING AT NEGATIVE $2
OIL TRADING AT NEGATIVE $2
>OIL TRADING AT NEGATIVE $2
OIL TRADING AT NEGATIVE $2
>OIL TRADING AT NEGATIVE $2

>>	Anonymous Mon, Apr 20, 2020 14:12:49 No.18575239 >>18575201 who's got the workign ticker?

>>	Anonymous Mon, Apr 20, 2020 14:12:56 No.18575250 File: 150 KB, 2589x1261, 14454546546464.png [View same] [iqdb] [saucenao] [google] BOYS, TODAY WAS LEGENDARY

>>	Anonymous Mon, Apr 20, 2020 14:12:57 No.18575249 >>18575202 cause it's rigged, all the prices are inflated

>>	Anonymous Mon, Apr 20, 2020 14:12:59 No.18575251 SPX DROPPING

>>	Anonymous Mon, Apr 20, 2020 14:12:59 No.18575253 Where can i buy an oil contract for 0.00. I can store a few hundred barrels for months. Its literally free money

>>	Anonymous Mon, Apr 20, 2020 14:13:02 No.18575256 >>18575052 subhuman ami jew slave retard

>>	Anonymous Mon, Apr 20, 2020 14:13:05 No.18575259 >>18575149 aaaaaaaaaaaaAAAAAAAAAAAAAAAAAAAAAAA

>>	Anonymous Mon, Apr 20, 2020 14:13:19 No.18575266 >>18575237 >>18575227 Where can I see this?

>>	Anonymous Mon, Apr 20, 2020 14:13:28 No.18575278 When nobody wants to buy something that's FREE right now, and resell it next month for 20+$, that's really telling. June will be the exact same situation.

>>	Anonymous Mon, Apr 20, 2020 14:13:31 No.18575281 >>18575219 think or swim

>>	Anonymous Mon, Apr 20, 2020 14:13:32 No.18575283 File: 21 KB, 480x270, 1583861103675.jpg [View same] [iqdb] [saucenao] [google] OIL WILL NEVER COST MONEY AGAIN

>>	Anonymous Mon, Apr 20, 2020 14:13:35 No.18575287 >-3 HAHAHAHAHA

>>	Anonymous Mon, Apr 20, 2020 14:13:37 No.18575289 Trump is going to declare war tonight.

>>	Anonymous Mon, Apr 20, 2020 14:13:41 No.18575290 File: 711 KB, 680x677, 910.png [View same] [iqdb] [saucenao] [google] Silver is getting sold out again at online retailers like SDBullion. IT'S HAPPENING AGAIN THE LEG DOWN IS HAPPENING

>>	Anonymous Mon, Apr 20, 2020 14:13:41 No.18575291 Holy shit why didn't I short everything else once oil hit 0.01. Low volume dump but still a huge dump.

>>	Anonymous Mon, Apr 20, 2020 14:13:43 No.18575292 >>18575194 site?

>>	Anonymous Mon, Apr 20, 2020 14:13:44 No.18575293 >tradingview can't handle negative values top kek

>>	Anonymous Mon, Apr 20, 2020 14:13:50 No.18575296 -3+ !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! FUNDS ARE IMPLODING!!!!!!!!!!!!!!!!

>>	Anonymous Mon, Apr 20, 2020 14:13:54 No.18575305 File: 370 KB, 846x900, 4c9f42fa30a40c34610e85cfca644840b737390c52ebd1219ea7fda8a88efd56.png [View same] [iqdb] [saucenao] [google] >>18575062

>>	Anonymous Mon, Apr 20, 2020 14:13:55 No.18575306 Okay, this is fun and all, but how low are June contracts going to go?

>>	Anonymous Mon, Apr 20, 2020 14:14:15 No.18575316 File: 6 KB, 248x140, oilisonecent1.png [View same] [iqdb] [saucenao] [google] It is finished.

>>	Anonymous Mon, Apr 20, 2020 14:14:18 No.18575318 Alright lads, where can I go to get 2$ to pick up a barrel of oil? I'll let some chump give me a couple bucks to take their oil.

>>	Anonymous Mon, Apr 20, 2020 14:14:24 No.18575321 >>18575296 priced in

>>	Anonymous Mon, Apr 20, 2020 14:14:24 No.18575322 >>18575278 >free Nice try jew, people need to pay me money to take that useless oil off their hands.

>>	Anonymous Mon, Apr 20, 2020 14:14:29 No.18575331 >>18574996 based barrel merchant

>>	Anonymous Mon, Apr 20, 2020 14:14:31 No.18575333 OIL AT -3.70 >OIL AT -3.70 OIL AT -3.70 >OIL AT -3.70 OIL AT -3.70 >OIL AT -3.70 OIL AT -3.70 >OIL AT -3.70 OIL AT -3.70 >OIL AT -3.70 OIL AT -3.70 >OIL AT -3.70 OIL AT -3.70 >OIL AT -3.70 OIL AT -3.70 >OIL AT -3.70 OIL AT -3.70 >OIL AT -3.70

>>	Anonymous Mon, Apr 20, 2020 14:14:37 No.18575339 >minus four dollars

>>	Anonymous Mon, Apr 20, 2020 14:14:38 No.18575340 Will it go up tomorrow or is it fucked forever?

>>	LCIguy !7SgaW5KMQI Mon, Apr 20, 2020 14:14:41 No.18575346 what fucking oil are you guys talking about?? i don't see any negative oil...???

>>	Anonymous Mon, Apr 20, 2020 14:14:46 No.18575352 File: 57 KB, 700x877, 1585169495534.jpg [View same] [iqdb] [saucenao] [google] How is this even possible? I was waiting for $10 oil but jesus fucking christ.

Anonymous Mon, Apr 20, 2020 14:14:52 No.18575356
File: 185 KB, 435x338, blumpf.png [View same] [iqdb] [saucenao] [google]

>*ring ring*
Jerome
>*ring ring*
JEROME
>*ring ring*
JEROME PICK UP THE PHONE
>*ring ring*
JEROME EVERY CEO IN THE SHALE INDUSTRY HAS JUST COMMITTED SUICIDE JUST PUMP THE GOD DAMN OIL I DONT CARE HOW YOU CANT DO IT, YOU HAVE TO PUMP IT
>*ring ring*
GOD DAMN IT JEROME PICK IT UP THE OIL INDUSTRY IS CRASHING
>*ring ring*
ANSWER ME YOU FED KIKE WORTHLESS FUCK I JUST BEGGED TO POOTIN AND SANDNIGGER PRINCE TO CAP OIL PRODUCTION AND IT'S STILL DUMPING!
>*ring ring*
JEROME PLEASE PICK UP THE PHONE I NEED MORE POOMPS, FORCE YOUR WORKERS CHILDREN TO POOMP IT NOW
>*ring ring*
PLEASE DONT KILL YOURSELF JEROME, I'LL GIVE YOU IVANKA AND WILL SUCK ISRAEL OFF MORE I JUST NEED MY LOW BLACK UNEMPLOYMENT
>*ring ring*
JEROME!
>*ring ring*
JEROOOOOOOOOOOOOOOOOOOMMMMMMMMMMMMEEEEEEEEEEEEEEEEE

>>	Anonymous Mon, Apr 20, 2020 14:14:54 No.18575361 File: 88 KB, 300x300, 1586318973199.png [View same] [iqdb] [saucenao] [google] >>18575287 >>18575237 link pls

>>	Anonymous Mon, Apr 20, 2020 14:14:54 No.18575362 >>18575062 kino

>>	Anonymous Mon, Apr 20, 2020 14:15:00 No.18575367 File: 1.02 MB, 4128x3096, 20200420_191257-min.jpg [View same] [iqdb] [saucenao] [google] -2.20 (112%)

>>	Anonymous Mon, Apr 20, 2020 14:15:02 No.18575369 How can you invest off this dip? ETFs?

>>	Anonymous Mon, Apr 20, 2020 14:15:04 No.18575370 >>18575281 Symbol??

>>	Anonymous Mon, Apr 20, 2020 14:15:04 No.18575372 >FUTURES CONTRACTS DUMPING HOLY FUUUUUUCKKKKKKKKKKK

>>	Anonymous Mon, Apr 20, 2020 14:15:06 No.18575374 >>18574727 Autism Inc is srs business

>>	Anonymous Mon, Apr 20, 2020 14:15:18 No.18575385 >>18575194 So where do i go for them to pay me to take it?

>>	Anonymous Mon, Apr 20, 2020 14:15:18 No.18575386 NEGATIVE FIVE DOLLARS ALL MY BOBO PICTURES ARE TOO CALM TO EXPRESS THIS

>>	Anonymous Mon, Apr 20, 2020 14:15:21 No.18575389 >Stuck at -3.7

>>	Anonymous Mon, Apr 20, 2020 14:15:23 No.18575390 >>18575367 I turned on the tv just to see it HAHAHHA

>>	Anonymous Mon, Apr 20, 2020 14:15:25 No.18575391 >>18575333 link to working ticker?

Anonymous Mon, Apr 20, 2020 14:15:25 No.18575392
File: 119 KB, 511x512, 15798028173052.jpg [View same] [iqdb] [saucenao] [google]

OIL AT NEGATIVE $3.70
>OIL AT NEGATIVE $3.70
OIL AT NEGATIVE $3.70
>OIL AT NEGATIVE $3.70
OIL AT NEGATIVE $3.70
>OIL AT NEGATIVE $3.70
OIL AT NEGATIVE $3.70
>OIL AT NEGATIVE $3.70
OIL AT NEGATIVE $3.70
>OIL AT NEGATIVE $3.70
OIL AT NEGATIVE $3.70
>OIL AT NEGATIVE $3.70
OIL AT NEGATIVE $3.70
>OIL AT NEGATIVE $3.70
OIL AT NEGATIVE $3.70
>OIL AT NEGATIVE $3.70
OIL AT NEGATIVE $3.70
>OIL AT NEGATIVE $3.70

>>	Anonymous Mon, Apr 20, 2020 14:15:30 No.18575396 >>18575333 WHERE ARE YOU GETTING THIS? GIB LINKS

>>	Anonymous Mon, Apr 20, 2020 14:15:35 No.18575400 File: 1.73 MB, 360x359, 1585692667902.gif [View same] [iqdb] [saucenao] [google] >>18575339 >>18575333 Where the fuck do you see it negative, it's stuck at 0 for me

>>	Anonymous Mon, Apr 20, 2020 14:15:36 No.18575401 Ok so we've actually ran out of places to put oil. Either people have to be paid to use oil or Trump will be forced to shut down the oil rigs and become reliant on Saudi Arabia again

>>	Anonymous Mon, Apr 20, 2020 14:15:43 No.18575407 UNIRONICALLY HOW DO I PROFIT FROM THIS SOMEONE TELL ME AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>	Anonymous Mon, Apr 20, 2020 14:15:56 No.18575414 A FUCKING WAR IS GOING TO HAPPEN.

>>	Anonymous Mon, Apr 20, 2020 14:16:09 No.18575420 File: 92 KB, 1000x666, DOOMACKRMAN.png [View same] [iqdb] [saucenao] [google] WHY DIDN'T WE LISTEN TO HIM

>>	Anonymous Mon, Apr 20, 2020 14:16:17 No.18575428 File: 50 KB, 1395x532, brent.png [View same] [iqdb] [saucenao] [google] alright incels, in POWER OF KEK, decimate this!!

>>	Anonymous Mon, Apr 20, 2020 14:16:21 No.18575432 >>18575333 lol omg my tradingview is broken its literally impossible for it to show negative numbers

>>	Anonymous Mon, Apr 20, 2020 14:16:22 No.18575433 >>18575392 WHERE!

>>	Anonymous Mon, Apr 20, 2020 14:16:25 No.18575436 File: 648 KB, 808x892, 1587138884596.png [View same] [iqdb] [saucenao] [google] Guys, I'm a bobo 100% in SPXS at 12.08 and I was dancing. I can't stop dancing I CANT STOP DANCING

>>	Anonymous Mon, Apr 20, 2020 14:16:34 No.18575443 File: 304 KB, 1791x823, aaaaah.jpg [View same] [iqdb] [saucenao] [google]

>>	Anonymous Mon, Apr 20, 2020 14:16:36 No.18575445 CONTAINMENT THREAD FOR OILTARDS WHEN?

>>	Anonymous Mon, Apr 20, 2020 14:16:37 No.18575447 TURN ON CNBC RETARDS

>>	Anonymous Mon, Apr 20, 2020 14:16:37 No.18575448 NEGATIVE SEVENS!!! NEGATIVE SEVENS!!! NEGATIVE SEVENS!!!

>>	Anonymous Mon, Apr 20, 2020 14:16:37 No.18575449 >>18575407 FUCK ME LAD SOMEONE FUCKING TELL ME TOO FUCK YOU

>>	Anonymous Mon, Apr 20, 2020 14:16:45 No.18575456 >>18575237 link you massive nigger

>>	Anonymous Mon, Apr 20, 2020 14:16:46 No.18575457 >>18575321 Shut up u annoying priced in memer

>>	Anonymous Mon, Apr 20, 2020 14:16:47 No.18575458 >>18575392 Negative $7.5 now lol

Anonymous Mon, Apr 20, 2020 14:16:50 No.18575461

>>18574943
>how can crude oil drop to $0.08 and the market, including all the oil companies, barely react?
>>18573574
>So basically this means people were vastly overestimating demand for oil in May, correct?
Kind of, Anons are very much overreacting.

All this means is that we have oversupply. That's literally it. Any moron watching oil for the past few months could see this was going to happen at some point, it has happened multiple times in the past. When you have sufficiently sustained oversupply, eventually it stops being economical to process and sell the product. Oil is also a bit unique in that you can't just turn off the supply.

So how do you induce somebody to take deliver on their contracts to take oil off of your hands when you no longer wish to do anything with it? You lower the price DRASTICALLY so traders can make a profit on the rebound. The price has to dip low enough that it makes sense for the traders to foot the bill for transport ans storage. At the same time, speculators have absolutely NO interest in ever taking possession on their futures contracts, so they're rolling them over near the expiry, further depressing the price of the nearest expiry date. That's currently where we are. This will continue for a while until demand rebounds and/or enough producers go out of business that demand and supply again reach a reasonable equilibrium again.

The reason big cap oil companies aren't going down is because the well managed ones have the cash to survive the contango, and everybody knows it.

Do with that information whatever you will, I'm not your mom. Think about how this will interact with markets. If you're smart, in 1-2 years you will be a much more wealthy person.

>>	Anonymous Mon, Apr 20, 2020 14:16:51 No.18575460 Someone link to a stream of CNBC or something, I want to see boomers freaking out about this.

>>	Anonymous Mon, Apr 20, 2020 14:16:52 No.18575465 File: 5 KB, 180x200, 1531256226581.jpg [View same] [iqdb] [saucenao] [google] >go to gas station >get paid to fill my tank

>>	Anonymous Mon, Apr 20, 2020 14:16:52 No.18575466 >>18575370 /CLK20

>>	Anonymous Mon, Apr 20, 2020 14:16:55 No.18575468 >>18574866 >50% jump in crude prices >jumping to .50 cents will be considered a huge win

>>	Anonymous Mon, Apr 20, 2020 14:16:57 No.18575469 File: 1.03 MB, 4128x3096, 20200420_191401-min.jpg [View same] [iqdb] [saucenao] [google] -3.70(120%)

>>	Anonymous Mon, Apr 20, 2020 14:17:01 No.18575474 Why not just pump it back in the ground again?

>>	Anonymous Mon, Apr 20, 2020 14:17:03 No.18575475 >>18575266 >>18575361 https://www.livenewsnow.com/american/cnbc-america.html

>>	Anonymous Mon, Apr 20, 2020 14:17:04 No.18575476 >>18575396 >>18575400 >>18575391 CNBC LIVE STREAM RIGHT FUCKING NOW

>>	Anonymous Mon, Apr 20, 2020 14:17:05 No.18575477 >>18575407 Crash into a building and say Canada did it so we can go to war

>>	Anonymous Mon, Apr 20, 2020 14:17:09 No.18575480 >purchase oil >get money

>>	Anonymous Mon, Apr 20, 2020 14:17:10 No.18575482 >>18575400 CNBC TradingView is broken -7 OIL >-7 OIL -7 OIL >-7 OIL -7 OIL >-7 OIL -7 OIL >-7 OIL -7 OIL >-7 OIL -7 OIL >-7 OIL -7 OIL >-7 OIL -7 OIL >-7 OIL -7 OIL >-7 OIL -7 OIL >-7 OIL -7 OIL >-7 OIL

>>	Anonymous Mon, Apr 20, 2020 14:17:12 No.18575483 >>18575432 same with marketwatch.com

>>	Anonymous Mon, Apr 20, 2020 14:17:14 No.18575485 Let’s all buy 1,000 barrels of oil for -$1 each and have it be delivered to moot’s house

>>	Anonymous Mon, Apr 20, 2020 14:17:17 No.18575488 File: 24 KB, 374x374, 1587238691885.jpg [View same] [iqdb] [saucenao] [google] THEY ARE LITERALLY PAYING PEOPLE TO TAKE THE OIL OFF THEIR HANDS THIS TIMELINE IS FUCKED, I WANT OFF THIS RIDE

>>	Anonymous Mon, Apr 20, 2020 14:17:18 No.18575489 >>18575340 these are may futures which expire tomorrow but June is already losing value as well

>>	Anonymous Mon, Apr 20, 2020 14:17:23 No.18575493 fucking muslims trying to destroy us to help china

>>	Anonymous Mon, Apr 20, 2020 14:17:38 No.18575503 File: 13 KB, 428x427, just_doge.jpg [View same] [iqdb] [saucenao] [google] WHAT THE FUCK WAS THAT

>>	Anonymous Mon, Apr 20, 2020 14:17:43 No.18575504 File: 8 KB, 275x183, FD831A8E-9403-4619-94AA-EB8004B0144F.jpg [View same] [iqdb] [saucenao] [google] How many suicides will this cause?

>>	Anonymous Mon, Apr 20, 2020 14:17:43 No.18575505 Here you dummies https://www.livenewsnow.com/american/cnbc-america.html

>>	Anonymous Mon, Apr 20, 2020 14:17:52 No.18575509 File: 34 KB, 515x440, EV2vhmiU0AA7_Xh.jpg [View same] [iqdb] [saucenao] [google] how to buy oil pls

Anonymous Mon, Apr 20, 2020 14:17:54 No.18575511
File: 118 KB, 775x720, 1581979453163.jpg [View same] [iqdb] [saucenao] [google]

>>18575141
when they expire. The may contract expires tomorrow and delivery would be for may. June expires next month and then would be for deliveries in june. June hasn't cratered yet because people are still assuming that the buyers will be able to buy up the contracts at the end and take delivery as was the standard. They're cratering now because no company is buying oil cause they're maxed out on oil and they can't fucking put it anywhere. So a bunch of commodities traders got caught holding the bag

>>	Anonymous Mon, Apr 20, 2020 14:17:54 No.18575512 -$7.50

>>	Anonymous Mon, Apr 20, 2020 14:17:58 No.18575513 File: 50 KB, 1024x397, bought the dip.jpg [View same] [iqdb] [saucenao] [google] >Yeah i'm long oil. How could you tell?

>>	Anonymous Mon, Apr 20, 2020 14:18:00 No.18575515 File: 117 KB, 1440x1080, 1496800502767.jpg [View same] [iqdb] [saucenao] [google] is this why the GCP went flatline last night?

>>	Anonymous Mon, Apr 20, 2020 14:18:02 No.18575517 aIF OIL IS SO CHEAP WHY ISNT TESLA GETTING DESTROYED?

>>	Anonymous Mon, Apr 20, 2020 14:18:07 No.18575521 File: 64 KB, 525x471, 1493833395503.jpg [View same] [iqdb] [saucenao] [google] >>18575356 please i need those blacks

>>	Anonymous Mon, Apr 20, 2020 14:18:08 No.18575524 -7$ OIL WHAT THE FUCK WHAT THE FUCK

>>	Anonymous Mon, Apr 20, 2020 14:18:10 No.18575525 guys, i don't think i have any negative dollars, how do i buy oil

>>	Anonymous Mon, Apr 20, 2020 14:18:15 No.18575531 File: 169 KB, 1440x907, putin-international-trade-img.jpg [View same] [iqdb] [saucenao] [google] Just how many antidepressants is he on right now?

Anonymous Mon, Apr 20, 2020 14:18:17 No.18575534

>>18574758

It's likely going to go like this:
Case A:
government start to turn on industry and reduce lockdowns extremely fast. mass media campaign to convince normies its ok.
Bail out the industries.
Oil trades from 1-10$ for around 6 months till it slowly creeps back up to its new range of 20-35$

Case B:
Shit hits the fan with knock on effects.
China make a titanium steel balls move and try to buy up lots of bankrupt oil companies in the USA, Canada and south america.
USA see this as an act of war and national threat, and send troops into parts of China to investigate "COVID-19 BIOWEAPON"

hello WW3

>>	Anonymous Mon, Apr 20, 2020 14:18:26 No.18575542 File: 66 KB, 554x400, dab.png [View same] [iqdb] [saucenao] [google] >gonna be $20+ tomorrow Literally infinite gains.

>>	Anonymous Mon, Apr 20, 2020 14:18:35 No.18575551 File: 184 KB, 619x594, 1587399142743.png [View same] [iqdb] [saucenao] [google] >>18574994 Imagine covering your shorts at $0 and missing the next $7 down.

>>	Anonymous Mon, Apr 20, 2020 14:18:42 No.18575560 File: 1.18 MB, 1208x698, ha.png [View same] [iqdb] [saucenao] [google]

Anonymous Mon, Apr 20, 2020 14:18:42 No.18575561

tell me if this sounds logical bros: since the companies are over producing, and paying for people to store the oil, when the time comes for them to shut down the wells they will have an immense surplus, and will have very little cost running their business since there will be no upkeep on their machinery and workers, they can then sell the oil at their normal price, but make much more profit because there will be much less overhead.

>>	Anonymous Mon, Apr 20, 2020 14:18:47 No.18575563 File: 40 KB, 592x229, HOLY SHIT.jpg [View same] [iqdb] [saucenao] [google] WE HEADING FOR 200% EOD

>>	Anonymous Mon, Apr 20, 2020 14:18:52 No.18575569 >>18575542 What'll you buy?

>>	Anonymous Mon, Apr 20, 2020 14:18:59 No.18575575 >>18575485 it's negative, you can just buy all of the barrels of oil, and deliver them to moot's house imagine his face when he gets woken up by the blaring horn of an oil supertanker filled with millions of barrels of crude oil with his name on it

>>	Anonymous Mon, Apr 20, 2020 14:19:03 No.18575578 >>18575542 HOW TO GET IN ON THIS

>>	Anonymous Mon, Apr 20, 2020 14:19:06 No.18575582 >letting a epidemiologist ruin your economy trumps a fucking moron.

>>	Anonymous Mon, Apr 20, 2020 14:19:16 No.18575587 File: 294 KB, 1920x1080, 1583721159805.jpg [View same] [iqdb] [saucenao] [google] SPY DIVING

>>	Anonymous Mon, Apr 20, 2020 14:19:24 No.18575593 >>18574418 If any of you Anons have money in the stock market/401K/IRA, you need to sell ASAP. This is hyper deflation and its going to get really bad.

>>	Anonymous Mon, Apr 20, 2020 14:19:27 No.18575594 and the REAL price is now negative

>>	Anonymous Mon, Apr 20, 2020 14:19:27 No.18575595 CAN SOMEONE LINK ME A CHART?

>>	Anonymous Mon, Apr 20, 2020 14:19:28 No.18575598 >>18575511 Thank you helpful cute birdmaid.

>>	Anonymous Mon, Apr 20, 2020 14:19:30 No.18575599 >>18575477 I'd love to, fuck cucknada what a shithole. But I want to put all my money into AMERICA FUCK YEAH so I can also profit from this while the war is raging and before canada gets annexed.

>>	Anonymous Mon, Apr 20, 2020 14:19:32 No.18575602 I don't get it.

>>	Anonymous Mon, Apr 20, 2020 14:19:35 No.18575608 >>18575369 Just buy oil

>>	Anonymous Mon, Apr 20, 2020 14:19:40 No.18575613 File: 57 KB, 1024x1024, cat.jpg [View same] [iqdb] [saucenao] [google] >>18575531 none, crashing the petrodollar it`s part of the plan

>>	Anonymous Mon, Apr 20, 2020 14:19:41 No.18575614 >-8

>>	Anonymous Mon, Apr 20, 2020 14:19:44 No.18575618 >>18575517 They will be destroyed in a long process of retard investors slowly realizing a self driving economy is 500 years away rather than 5

>>	Anonymous Mon, Apr 20, 2020 14:19:46 No.18575619 >>18575595 https://www.livenewsnow.com/american/cnbc-america.html https://www.livenewsnow.com/american/cnbc-america.html https://www.livenewsnow.com/american/cnbc-america.html https://www.livenewsnow.com/american/cnbc-america.html

>>	Anonymous Mon, Apr 20, 2020 14:19:50 No.18575621 File: 288 KB, 890x905, 1586959453477.png [View same] [iqdb] [saucenao] [google] >>18574418 So theyre not actually PAYING people to take oil, are they? This negative valuation is not representative of what's happening, right?

>>	Anonymous Mon, Apr 20, 2020 14:20:18 No.18575641 >>18575563 god i want kelly's luscious lips on my dik

>>	Anonymous Mon, Apr 20, 2020 14:20:27 No.18575648 >OIL PRICES GOING NEGATIVE >STOCKS ONLY -1.4% WHAT THE FUCK GOING ON?

>>	Anonymous Mon, Apr 20, 2020 14:20:34 No.18575662 File: 631 KB, 1398x1232, 1587401558662.jpg [View same] [iqdb] [saucenao] [google] -150% -150% -150% -150% -150% -150%

>>	Anonymous Mon, Apr 20, 2020 14:20:40 No.18575666 >>18575621 They are LITERALLY paying people to take oil, yes. It means dumping the oil costs X and they're offering Y (Y< X) for people to take the oil off their hands.

>>	Anonymous Mon, Apr 20, 2020 14:21:04 No.18575683 File: 58 KB, 584x585, 1518692041459.jpg [View same] [iqdb] [saucenao] [google] >>18575587 Everything is diving.

>>	Anonymous Mon, Apr 20, 2020 14:21:07 No.18575687 File: 552 KB, 1360x2000, 1586647542735.jpg [View same] [iqdb] [saucenao] [google] which oil do I buy in leafland? is the habbening already over cus all the big corporations are still higher than they were after the first crash.

>>	Anonymous Mon, Apr 20, 2020 14:21:13 No.18575692 >>18575621 They are, it might possibly be cheaper to pay people to take oil than shutting off the rigs

>>	Anonymous Mon, Apr 20, 2020 14:21:18 No.18575694 all this because some boomers were afraid of the sniffles.

>>	Anonymous Mon, Apr 20, 2020 14:21:20 No.18575696 File: 18 KB, 232x255, 1427242171542.jpg [View same] [iqdb] [saucenao] [google] >petrodollar Guys, call it like it is. Petrocent.

>>	Anonymous Mon, Apr 20, 2020 14:21:23 No.18575697 File: 1.02 MB, 4128x3096, 20200420_191943-min.jpg [View same] [iqdb] [saucenao] [google] -8.61(147.13%)

>>	Anonymous Mon, Apr 20, 2020 14:21:43 No.18575709 WHERE THE FUCK DO I INVEST TO MAKE MONEY

>>	Anonymous Mon, Apr 20, 2020 14:21:45 No.18575712 Did he swear?

>>	Anonymous Mon, Apr 20, 2020 14:21:53 No.18575720 >Go to fill up gas tank >$30 has been credited to your account Retards this is bullish. Think of how stimulated the economy will be.

>>	Anonymous Mon, Apr 20, 2020 14:21:59 No.18575730 A smart dude would fill up a few 50 gallon buckets full of gas now and store that shit in his garage. When shit rebounds and the price is 3-4 gallon you'd just laugh and roll on.

>>	Anonymous Mon, Apr 20, 2020 14:22:00 No.18575728 >>18575613 have to buy dollars to get rid of oil now lmfao

>>	Anonymous Mon, Apr 20, 2020 14:22:07 No.18575738 LMAO THAT BOOMER IS PROGRESSIVELY PANICKING HE KNEE DEEP IN DENIAL.

>>	Anonymous Mon, Apr 20, 2020 14:22:23 No.18575745 NO DEAL ON PPP TODAY

>>	Anonymous Mon, Apr 20, 2020 14:22:28 No.18575748 >>18575575 Kek it’s like getting a pizza delivered to somebody’s house but a much bigger pain in the ass

>>	Anonymous Mon, Apr 20, 2020 14:22:29 No.18575749 >>18575542 what do i do to make the moneys

>>	Anonymous Mon, Apr 20, 2020 14:22:33 No.18575755 >JUNE IS THE PRICE. NOT WHATEVER FUCK THIS MAY... THING IS Holy shit he swore on CNBC

>>	Anonymous Mon, Apr 20, 2020 14:22:43 No.18575764 File: 142 KB, 223x320, Screenshot_48.png [View same] [iqdb] [saucenao] [google] BOBO ENEERGY

>>	Anonymous Mon, Apr 20, 2020 14:22:47 No.18575767 JJJJJJJUNE IS THE REAL ONE MAY ISN'T REAL MAY LITERALLY DOESN'T EXIST JJJJJJJJJUNE IS REAL AAAAAAAAAAAA

>>	Anonymous Mon, Apr 20, 2020 14:22:52 No.18575772 BAILOUT DELAYED

Anonymous Mon, Apr 20, 2020 14:23:02 No.18575777

>>18575621
yes they're paying you to take oil because they have nowhere to store it (not that they can dump it in the ocean) and they can't halt production(close the entire corporation)
the problem is no one has where to store it either, that's why it keep crashing

>>	Anonymous Mon, Apr 20, 2020 14:23:03 No.18575779 NEGATIVE $10+!!! NEGATIVE $10+!!! NEGATIVE $10+!!! NEGATIVE $10+!!! NEGATIVE $10+!!! NEGATIVE $10+!!! NEGATIVE $10+!!!

>>	Anonymous Mon, Apr 20, 2020 14:23:03 No.18575781 File: 12 KB, 250x241, 1584966283052.jpg [View same] [iqdb] [saucenao] [google] >>18575730 LMAO

Anonymous Mon, Apr 20, 2020 14:23:09 No.18575786
File: 27 KB, 511x413, 1580305579883.jpg [View same] [iqdb] [saucenao] [google]

>>18575598
you're welcome anon
>>18575692
Apparently it cost a cock ton to turn the pumps off and sometimes when they go off they can't come back on? I don't really understand that but that's what the guy on cnbc just said

>>	Anonymous Mon, Apr 20, 2020 14:23:16 No.18575790 >>18575755 It's the end of an era...

>>	Anonymous Mon, Apr 20, 2020 14:23:17 No.18575791 File: 51 KB, 1582x654, oil_is_fun.png [View same] [iqdb] [saucenao] [google] To the boys who can't see it yet

>>	Anonymous Mon, Apr 20, 2020 14:23:18 No.18575793 >buy oil at negative prices >get money and barrels baste

>>	Anonymous Mon, Apr 20, 2020 14:23:31 No.18575805 File: 907 KB, 720x720, 1518238624252.png [View same] [iqdb] [saucenao] [google] >>18575755 the boomers are panicking

>>	Anonymous Mon, Apr 20, 2020 14:23:35 No.18575808 >>18575648 I give up. This shit will never go down. Even a nuclear war is priced in at this point.

>>	Anonymous Mon, Apr 20, 2020 14:23:38 No.18575812 >-11.42% MY SIDES

>>	Anonymous Mon, Apr 20, 2020 14:23:44 No.18575819 File: 131 KB, 1024x1024, 1585051990418.jpg [View same] [iqdb] [saucenao] [google] >Gas stations pay you handsomely for filling up your car. >Can't go out due to Corona lockdown. This is just the Wall St having a laugh at people's expense.

>>	Anonymous Mon, Apr 20, 2020 14:23:46 No.18575821 >>18575738 he probably has retards like you messaging him asking him 'what does this mean'

>>	Anonymous Mon, Apr 20, 2020 14:23:47 No.18575822 >>18575755 gonna need an upload and a link senpai

>>	Anonymous Mon, Apr 20, 2020 14:23:55 No.18575826 >OIL NEGATIVE >NO PPP DEAL JUST

>>	Anonymous Mon, Apr 20, 2020 14:24:01 No.18575834 File: 387 KB, 680x708, 1582836702377.png [View same] [iqdb] [saucenao] [google] JUUUUUUUUUUUUNE

>>	Anonymous Mon, Apr 20, 2020 14:24:05 No.18575842 too late to buy tankers?

>>	Anonymous Mon, Apr 20, 2020 14:24:20 No.18575849 File: 3.71 MB, 393x324, 1543096826866.gif [View same] [iqdb] [saucenao] [google] Now the shorts are the ones squeezing the longs.

>>	Anonymous Mon, Apr 20, 2020 14:24:22 No.18575850 When do they light the wells on fire to cut their losses?

>>	Anonymous Mon, Apr 20, 2020 14:24:33 No.18575860 >>18575786 It take time and money to cap a well.

>>	Anonymous Mon, Apr 20, 2020 14:24:40 No.18575864 >>18574519 How does low oil price cause war?

>>	Anonymous Mon, Apr 20, 2020 14:24:48 No.18575870 god you retards. this is contracts holders paying people to take oil off of them, because they have nowhere to store it for this contracts expiration date.

>>	Anonymous Mon, Apr 20, 2020 14:24:51 No.18575873 File: 49 KB, 550x453, 3e99effdff7c9a30990059e19aa2c426.jpg [View same] [iqdb] [saucenao] [google] Oil fell 162% in a single session

>>	Anonymous Mon, Apr 20, 2020 14:24:58 No.18575878 File: 24 KB, 570x464, il_570xN.1747022184_7g0i.jpg [View same] [iqdb] [saucenao] [google] guys i live in west tx

>>	Anonymous Mon, Apr 20, 2020 14:25:04 No.18575885 what is stopping someone from just buying all of the may oil contracts at negative money, and then flying to another country instead of receiving the goods?

>>	Anonymous Mon, Apr 20, 2020 14:25:28 No.18575902 >>18575821 He's coping like a retard. Oil is beyond fucked for the foreseeable future. The return to normal is not tomorrow or a month from now. big oil is going to be bigly bankrupt.

>>	Anonymous Mon, Apr 20, 2020 14:25:30 No.18575903 ITS GOING TO FUCKING INVERT IN PRICE ITS GOING BE NEGATIVE 30$ WTF AAAAAAAAAAAAAA

Anonymous Mon, Apr 20, 2020 14:25:31 No.18575905
File: 180 KB, 840x674, AHHHHHHHHHHHHHH.jpg [View same] [iqdb] [saucenao] [google]

I
AM
FINANCIALLY
MENTALLY
BRAPPPPP
PHYSICALLY
RUINED
AHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

>>	Anonymous Mon, Apr 20, 2020 14:25:32 No.18575907 >-14.39 Holy shit, why aren't the strategic US petro reserves not open? IT'S FREE MONEY.

>>	Anonymous Mon, Apr 20, 2020 14:25:36 No.18575912 Imagine being the bagholder who has to literally pay someone to take the futures off his hands

>>	Anonymous Mon, Apr 20, 2020 14:25:47 No.18575920 File: 37 KB, 386x346, VIOLENCE.jpg [View same] [iqdb] [saucenao] [google] >>18575864 will find out soon

>>	Anonymous Mon, Apr 20, 2020 14:25:53 No.18575924 >>18575812 no its price is -11.42, but it opened at 17, the percentage is worse than -150%

>>	Anonymous Mon, Apr 20, 2020 14:26:01 No.18575929 >>18574719 So invest in companies that use crude or it's byproducts in manufacturing?

>>	Anonymous Mon, Apr 20, 2020 14:26:03 No.18575930 >>18575870 Yes and this has never happened before and this will likely happen again next month. If you don’t think this is insane, you’re a brainlet retard

>>	Anonymous Mon, Apr 20, 2020 14:26:04 No.18575932 File: 122 KB, 1280x721, 5tumblr_m2i7weMdjC1qkxfico1_1280.jpg [View same] [iqdb] [saucenao] [google] >>18575730

>>	Anonymous Mon, Apr 20, 2020 14:26:07 No.18575935 >>18575870 Yeah, it totally happens every month. Totally normal.

>>	Anonymous Mon, Apr 20, 2020 14:26:08 No.18575936 >>18575531 >AAAAAA XI PLEASE HELP ME

>>	Anonymous Mon, Apr 20, 2020 14:26:09 No.18575939 File: 270 KB, 1769x814, get me the rope.jpg [View same] [iqdb] [saucenao] [google]

>>	Anonymous Mon, Apr 20, 2020 14:26:12 No.18575941 I put a 41 dollar limit order in today on XOM this morning didnt think there was a chance of it going to 41.... hold shit I'm gonna own some today arent I bros.

>>	Anonymous Mon, Apr 20, 2020 14:26:19 No.18575947 >>18575907 Democrats vetoed it

>>	Anonymous Mon, Apr 20, 2020 14:26:30 No.18575958 >>18575885 Nintendo ninjas will get you

>>	Anonymous Mon, Apr 20, 2020 14:26:44 No.18575975 END OF THE FUCKING WORLDDDDDDDDDDDDDDDDDD

Anonymous Mon, Apr 20, 2020 14:26:58 No.18575979
File: 297 KB, 722x768, 1562510296052.png [View same] [iqdb] [saucenao] [google]

>>18575860
No i got that. What I don't understand is does capping a well really run the risk of permanently closing it? Does it get damaged and become unusable or is it like gamestop that once they close a bunch of them it's just won't be worth reopening them again?

>>	Anonymous Mon, Apr 20, 2020 14:27:09 No.18575987 File: 80 KB, 1280x720, soy087.jpg [View same] [iqdb] [saucenao] [google] >>18575930 They're coping >next month everything will be fin-fine i'm sure

>>	Anonymous Mon, Apr 20, 2020 14:27:09 No.18575988 >>18575930 >>18575935 i'm not saying it's not insane, but it's not what people here believe they can go and get paid for picking up oil at factories

>>	Anonymous Mon, Apr 20, 2020 14:27:29 No.18576001 File: 10 KB, 251x242, 64854664556445.jpg [View same] [iqdb] [saucenao] [google] >>18575939

>>	Anonymous Mon, Apr 20, 2020 14:27:33 No.18576006 NEGATIVE TWENTY PLUS DOLLARS ZERO BIDS I REPEAT THERE ARE NO BIDS

>>	Anonymous Mon, Apr 20, 2020 14:27:33 No.18576007 >>18575932 >The large-breasted women made me buy HAL

>>	Anonymous Mon, Apr 20, 2020 14:27:39 No.18576011 >>18575461 Hmmmm I see I don’t see any big brain plays, just buy cvx if it crashes maybe. Maybe some smart moves in private debt.

>>	Anonymous Mon, Apr 20, 2020 14:27:48 No.18576019 -221%

>>	Anonymous Mon, Apr 20, 2020 14:27:48 No.18576021 >>18575987 THE ECONOMY IS BULLETPROOF

>>	Anonymous Mon, Apr 20, 2020 14:27:49 No.18576018 File: 674 B, 134x35, file.png [View same] [iqdb] [saucenao] [google] bring on the cheapies, i will be here to scoop them up

>>	Anonymous Mon, Apr 20, 2020 14:27:51 No.18576023 >>18575885 anon pls, you don't actually think people are the one buying the oil, it's all corp

>>	Anonymous Mon, Apr 20, 2020 14:27:51 No.18576025 >-22 OIL

>>	Anonymous Mon, Apr 20, 2020 14:27:57 No.18576029 File: 2.84 MB, 1920x1080, 75084334_p0.png [View same] [iqdb] [saucenao] [google] >>18575958 Will I be fine if I already own some NTDOY? Surely the Nintendo ninjas would let me go

>>	Anonymous Mon, Apr 20, 2020 14:28:00 No.18576032 NEGATIVE THIRTY UNITED STATES DOLLARS

>>	Anonymous Mon, Apr 20, 2020 14:28:07 No.18576034 >>18575935 cope

>>	Anonymous Mon, Apr 20, 2020 14:28:35 No.18576061 -300% -300% -300% -300% -300% -300% -300%

Anonymous Mon, Apr 20, 2020 14:28:36 No.18576063
File: 443 KB, 400x296, 1582745698457.gif [View same] [iqdb] [saucenao] [google]

>Mfw they're trying to prop up the market, but everything is melting down to such extent there's no holding up the house of cards.

I can't fucking wait when the market realizes it's futile to try and hold this up starts correlating with reality again.
DOW is going to instantly tank to 8k.

>>	Anonymous Mon, Apr 20, 2020 14:28:40 No.18576069 >>18575755 Who? Also did Cramer or joe say shit?

>>	Anonymous Mon, Apr 20, 2020 14:28:51 No.18576079 >>18575979 No, it's just cheaper to sell oil at a loss than cap it. At least up until a certain point

>>	Anonymous Mon, Apr 20, 2020 14:28:54 No.18576081 >I'll give you $14 to take my oil I'll give you $14 to take my oil >I'll give you $14 to take my oil I'll give you $14 to take my oil >I'll give you $14 to take my oil I'll give you $14 to take my oil

>>	Anonymous Mon, Apr 20, 2020 14:29:02 No.18576089 >>18575988 That is literally what’s happening though retard. Oil storage companies are paying people to take excess oil because they need to make room for the June contracts

>>	Anonymous Mon, Apr 20, 2020 14:29:05 No.18576091 PLEASE TAKE MY OIL PLEASE

>>	Anonymous Mon, Apr 20, 2020 14:29:07 No.18576093 File: 87 KB, 1579x847, file.png [View same] [iqdb] [saucenao] [google] HOLY SHIT.

>>	Anonymous Mon, Apr 20, 2020 14:29:11 No.18576098 >Puts at 284.5 I AM FINANCIAL VINDICATED

>>	Anonymous Mon, Apr 20, 2020 14:29:12 No.18576102 >>18575929 The reduction in demand will likely overcome the reduction in operating costs. It's a bear market for most things.

>>	Anonymous Mon, Apr 20, 2020 14:29:13 No.18576101 >-35 OIL

>>	Anonymous Mon, Apr 20, 2020 14:29:13 No.18576103 File: 526 KB, 661x404, file.png [View same] [iqdb] [saucenao] [google] I pity the dead who cannot enjoy such sights

>>	Anonymous Mon, Apr 20, 2020 14:29:15 No.18576107 File: 259 KB, 1823x817, JUST 2.jpg [View same] [iqdb] [saucenao] [google]

>>	Anonymous Mon, Apr 20, 2020 14:29:27 No.18576116 File: 319 KB, 809x1275, bad actors.jpg [View same] [iqdb] [saucenao] [google] >>18575979 I think it's a litoral physical thing, like it can damage the channel from the pressures or something :o

>>	Anonymous Mon, Apr 20, 2020 14:29:39 No.18576128 MOTHERFUCKER

>>	Anonymous Mon, Apr 20, 2020 14:29:48 No.18576137 File: 23 KB, 512x468, 103978904-The_meme_formerly_known_as_Kuk_1.jpg [View same] [iqdb] [saucenao] [google] Appreciate this lads, we'll never see clown charts like this again

>>	Anonymous Mon, Apr 20, 2020 14:29:53 No.18576143 Uhhhhh guys........ -40!!!

>>	Anonymous Mon, Apr 20, 2020 14:29:56 No.18576148 hoooooolyyyyy fuuuuuuuck

>>	Anonymous Mon, Apr 20, 2020 14:30:18 No.18576165 >>18576069 This guy >>18575697 Don't know his name

>>	Anonymous Mon, Apr 20, 2020 14:30:34 No.18576187 I'LL GIVE YOU 50 DOLLARS TO GET THAT OIL OFF!!! LAST OFFER!!!

>>	Anonymous Mon, Apr 20, 2020 14:30:36 No.18576191 File: 260 KB, 500x387, 1583955369425.png [View same] [iqdb] [saucenao] [google] >>18576093 >the classic 'he bought" pattern

>>	Anonymous Mon, Apr 20, 2020 14:30:45 No.18576197 >>18576107 this is the face of a man who lost all hope

>>	Anonymous Mon, Apr 20, 2020 14:30:53 No.18576204 LINK LINK

>>	Anonymous Mon, Apr 20, 2020 14:30:59 No.18576208 New thread retards

>>	Anonymous Mon, Apr 20, 2020 14:31:01 No.18576212 >>18576137 yup, savor it, tell your grandkids you saw -40 dollar oil

>>	Anonymous Mon, Apr 20, 2020 14:31:15 No.18576220 File: 116 KB, 1080x885, 3.jpg [View same] [iqdb] [saucenao] [google] This is going to be worse than the great depression

>>	Anonymous Mon, Apr 20, 2020 14:31:17 No.18576224 File: 170 KB, 1242x1211, original.jpg [View same] [iqdb] [saucenao] [google] im poor how do i exploit this to escape poverty

>>	Anonymous Mon, Apr 20, 2020 14:31:22 No.18576229 START LOADING MAGS

>>	Anonymous Mon, Apr 20, 2020 14:31:29 No.18576234 >>18576063 im grinning fuck the money printyer

>>	Anonymous Mon, Apr 20, 2020 14:31:34 No.18576237 >>18574866 So this means USO will not jump?

>>	Anonymous Mon, Apr 20, 2020 14:31:36 No.18576239 File: 96 KB, 640x853, 1561423024597.jpg [View same] [iqdb] [saucenao] [google] >-$40

>>	Anonymous Mon, Apr 20, 2020 14:31:38 No.18576242 File: 71 KB, 633x758, 1528984480399.jpg [View same] [iqdb] [saucenao] [google] >>18576063 Bears please leave.

>>	Anonymous Mon, Apr 20, 2020 14:31:40 No.18576248 File: 87 KB, 1575x844, file.png [View same] [iqdb] [saucenao] [google] >>18576191

>>	Anonymous Mon, Apr 20, 2020 14:31:41 No.18576249 Maybe this Jew run demonic alchemical system is finally finished

>>	Anonymous Mon, Apr 20, 2020 14:31:57 No.18576260 I will take a barrel for 6 gorillion dollars, no less than that

Anonymous Mon, Apr 20, 2020 14:32:07 No.18576266

>>18576254
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>>18576254
>>18576254
>>18576254
>>18576254
NEW THREAD

>>18576254
>>18576254
>>18576254
>>18576254
NEW THREAD

>>18576254
>>18576254
>>18576254
>>18576254
NEW THREAD

>>18576254
>>18576254
>>18576254
>>18576254
NEW THREAD

>>	Anonymous Mon, Apr 20, 2020 14:32:22 No.18576279 Last print I saw -58 a barrel wtf

>>	Anonymous Mon, Apr 20, 2020 14:32:26 No.18576286 >>18576224 PLACE YOUR BETS. HOW NEGATIVE WILL IT GO. IM GUESSING >>-$100

>>	Anonymous Mon, Apr 20, 2020 14:32:34 No.18576294 >>18576137 >Appreciate this lads, we'll never see clown charts like this again i love it

>>	Anonymous Mon, Apr 20, 2020 14:32:34 No.18576296 >>18575730 >50 gallon >buckets Oh, shit! My man Paul Bunyon in the thread!

>>	Anonymous Mon, Apr 20, 2020 14:32:48 No.18576308 >>18576239 cuck

>>	Anonymous Mon, Apr 20, 2020 14:33:11 No.18576331 So are tanker/storage companies still even viable at this point?? Would these oil companies have already tried to sell/ship/store prior to this happening?? Are tankers and storage already full?

>>	Anonymous Mon, Apr 20, 2020 14:33:15 No.18576335 >>18576242 Powell didn't let them have the stocks, so they went to oil instead.

>>	Anonymous Mon, Apr 20, 2020 14:33:35 No.18576347 >>18576220 Phone an oil company. Tell them you will take their oil but they have to pay you $20/barrel

>>	Anonymous Mon, Apr 20, 2020 14:33:53 No.18576372 File: 120 KB, 1400x786, 12B86AAF-6EBE-4FEE-89B0-AE1BA304D1CD.jpg [View same] [iqdb] [saucenao] [google] >>18575947 >saw this >immediately FOMOed more cash into SRTY >didn’t even check the info Uhhh Source? >>18575958 Based

>>	Anonymous Mon, Apr 20, 2020 14:34:16 No.18576398 >>18575842 doubt it. these bois are gonna make several times thier marketcap in revenue..

>>	Anonymous Mon, Apr 20, 2020 14:35:16 No.18576448 File: 114 KB, 1408x854, EWEPlazVcAUTciN.jpg [View same] [iqdb] [saucenao] [google] >>18576220 Actually the west won't hurt from this as much. Pic related are the countries completely and utterly fucked

>>	Anonymous Mon, Apr 20, 2020 14:36:30 No.18576503 >>18576063 This. Go down to where it deserves to be.

>>	Anonymous Mon, Apr 20, 2020 14:37:57 No.18576564 >>18575461 How can I profit off of this?

Anonymous Mon, Apr 20, 2020 14:40:44 No.18576701

>>18575730
1. Crude oil is not refined gasoline
2. These crude prices have not and will effect the gasoline prices for some time
3. The percentage change to gasoline prices will not be as intense as you think
4. Unprofessionally storing barrels of refined explosives in your garage as an investment is not really smart
5. Thinking you could save yourself more than a few hundred dollars on a move like this isn't smart
6. this isn't smart

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