I hope everyone had a Happy Thanksgiving! See you in December. Happy trading/investing! :)
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I hope everyone had a Happy Thanksgiving! See you in December. Happy trading/investing! :)
Any thoughts? Big Opec meeting on Dec. 4th. I bet OPEC stands their ground hoping that fracking crude slows. Maybe Russia and Opec will both agree to cut production sending oil prices back to $50-$60 range? Strong Dollar!!!! ????
Wow SN...I can't believe how i just watched the browns line up to kick a last second game winning field goal only to see it get blocked and ran back by a Ravens player for a game ending touchdown lol. My gawd is this truly what goes on to browns fans? wowza.
I think it's more likely that Santa Claus really IS real, than it is that OPEC agrees to cut production. Methinks oil is headed sub $30/bbl before it's all said and done.
The only wrinkle in the fabric right now is that Russia need oil to go back to at least $50/bbl and Saudi Arabia needs Russia to help keep Syria and Yemen under control. So there may be a little back room negotiating going on there.
http://www.bloomberg.com/news/articl...russia-in-2016
Hey Muscle i may not be an expert on EBITDA such as yourself...but i think i did alright considering.
My November Trades
Attachment 1631
Actually these trades include last two days of October as well.
I might also add that the Applied Sciences trade that i lost over $4k on....well that was a bit of unfortunate luck. Seems that the company suspected there was a targeted short attack on the stock to the point where the company actually got the FBI involved. You can read about it if you want to its in the news feeds. As soon as i saw that news...I cut bait immediately...good thing to or i would have lost thousands more. Sucks but that's the risk ya take as a trader. You never know who is on the other side of the keyboard.
I stayed up for that finish last night, and I was all but sure the Browns had it in the bag. That's not the first such finish I've witnessed this year and I don't recall that a point after conversion effort was called for. Why was that necessary when the clock had already expired?
My focus now is on the College playoffs. My golfing pal is Bama all the way, and I'm Oklahoma so we're starting to build a betting pot for our respective favorite to come out on top.
Excellent Job DM!! I want to play too... These are my 2015 Short Term and Long Term capital gains with totals. This doesn't include all the dividends I was paid to own certain stocks worth around $82,000 and change.
Attachment 1632
Nice job Midas. Did you not have any short term/long term losses or do you just filter those outs? Reason i ask is because i have td and i don't think it allows filtering but i could be wrong (never really tried or looked into doing so)....looks nicer with just green showing lol.
Oh I do... those are just my realized short/long term "realized" gains. I have about $49K in unrealized losses that I need to harvest or hopefully get back. As you can imagine that fluctuates. Those losses are in Seadrill (SDRL). I am waiting for Dec 4th OPEC meeting and then I will start harvesting. :( I did write some covered calls against SDRL to help reduce my cost basis but it's down too much from my original CB that I need to get rid of it. I still want the shares because I think Russia and Saudi, together, will cut oil production to help drive prices back to $65 by EOY 2016. U.S. Fracking production is down so I know that will help some but not in time for me to make back such a massive loss.
Ahhhhh ok i see. I just joined Fidelity and am just waiting on selling the rest of my siri core sometime this month before switching over. My hope is to start trading out of Fidelity Jan 1, 16. They gave me a pretty sweet deal to switch.
I am expecting HS news this week. Might even get that news today or tomorrow in time for Frear presentation at BOA.
Apparently Fidelity has grossly improved their systems for we retail investors. Wifey and I had accounts there for years but converted totally to TDA where we found the service and available tools were (maybe are) superior. For example, I've not found in Fidelity anything comparable to Think-or-swim or with their offerings through their Investools subsidiary
..... Even with free trade commissions, I can't find justification for a change again.
SIRI looking good in pre. :)
Nice. Been with Fidelity for almost 20 years. Sly is right... no one has a platform like Think or Swim but Fidelity does have low trade commissions. Also, you can open a brokerage account that behaves just like a savings and checking. You can get a debit card, checks, trade, etc. The customer service is excellent PLUS they have physical locations you can go and visit IF you need too. They also reimburse you the ATM fee too. Good move DM!! They are running a special now where you get 300 free trades if you desposit $50K. If they didn't mention this and you transfered over, call them and have them add it to your accounts.
Edit: Love the iPhone app too. I love being able to deposit checks using it.
I am conflicted... Patriots look like they are going to go all the way. Despite the loss, they are a well oiled machine. They need this break to get recharged mentally and physically. Give some 2nd stringers time to play because they may need them in the superbowl. I wiill be honest... not much of a NFL guy like I used too but I do follow the teams. Pats just look too good.
Actually, my wife still has a SEP account at Fidelity so we take advantage of the opportunity to compare with TDA. Most of our funds transferred out 3 years ago after a dozen or more years exclusively at Fidelity. For our purposes we just found that TDA is the best overall platform for us.
I suppose it depends on one's personal needs and likes. For example, I already mentioned TDA has the best suite of tools for my particular desires, including a gratis three year subscription to their Investools offerings as a bonus for moving our funds from Fidelity. That bonus and gains derived have far exceeded the equivalent of the free trade commissions value.
We have never used a Debit card nor an ATM, so there's been no recognized benefit in moving our banking needs from our local credit union where we've been for over 35 years. TDA maintains a local business office where I can walk in for face-to-face consultation and services as needed.
Little known fact which TDA fails to advertise is that they offer deep-discounted commission rates available for the asking... based on your account balances. I've not heard of the 300 or 500 free commission bonuses, but in the long run I think I'm money ahead with my present arrangements at TDA. Oh, I forgot to mention that TDA customer service is second to none, and reachable 24/7.
We've not recently traded in the Fidelity account, but I seem to recall their confirmation responsiveness is only so-so compared to TDA. I've also experienced at Fidelity a somewhat cumbersome and time-consuming administrative process. For example, to administer the RMD annual distribution requires faxed or mailed forms whereas TDA uses modern age online procedures. I found the same to be true with cash withdrawals or transfers to another institution. (Major pet peeve is that while TDA allows and enables the RMD to be electronically transferred to our bank account, Fidelity still demands to issue the funds via a personal check in the mail......... introducing time delay and requiring personal attention to deposit the funds..... that's a prime example of their inability to keep up with the times)............. Anyway, I guess it just depends on what one's needs are.
I think as I hear myself think, I guess I became disenchanted with Fidelity mostly because of their inability to keep up with demonstrated modern processes, procedures, and tools. Maybe they recognize that weakness so their answer is to offer those attention-getting services.
EDIT: I wonder if what I've observed re. Fidelity's inability to keep up, or to get with a modern approach is possibly the result of them attempting to break the bonds of strictly dealing in Mutual Funds and corporate retirement accounts and gradually learning how to move into the retail investor environment.
All I know is... I hear a lot of complaints about TD platform(s) going down or locking up. Yes their platform is by far the best out there (if you know how to use it). :)
I use ActiveTraderPro.com to get realtime quotes, chates, level 2, trade history, but I prefer placing my trades on fidelity.com.
I love the account features. I don't think any other "brokerage company" offers it! You just can't deposit "cash" in your account.