I’ve noticed a LOT of shills around here these last two days. Much more than usual, wonder why that is?

This. OANN is the perfect answer to the problem.

I agree it’s corrupt as fuck but he also can’t turn out voters, and had less turnout/strength this time around then he did four years ago. With this loss of his, we don’t have to worry about him specifically again.

It’s like watching an artist.

Not really because he can’t even win the nomination, let alone a general.

Disgust?

I really want a “finance” or “wallst” subdonald, I know there’s quite a few pedes here who actively invest/trade.

Woah, I totally forgot about that smell until I read your comment. It’s pretty distinctive.

If you compliment Trump your run out of the party but if you grope and sniff children your good to go for being the presidential nominee. Hmmmm.

I always love watching that video of Christie verbally beating down that teacher.

Seriously. These situations feel like they always end with someone worse. And she gives me full blown psychopath vibes that make her brother look normal.

At least you’ll have a good amount of time to decide. It’s gojng to take oil companies awhile to come out of this.

This was caused by expiring futures contracts. June contracts are priced around 22 a barrel but it’s possible this could happen again with those if demand isn’t restored.

It doesn’t help when the government is actively fucking over any attempt to repeal the gas tax they put in place. The only reason it didn’t get repealed last time was because they used incredibly deceptive language on the ballot for it.

You don’t think the June contracts can possibly end the same way? Especially if we don’t reopen?

Can’t Saudi Arabia sell barrels for as low as $4 a barrel and still make profit? I don’t think they’ll feel heat unless it continues to drop.

Yeah this was literally just the price of the May futures contracts that are expiring. June, last I checked, was sitting around 22 a barrel, though it’s possible the same thing will happen with those as well.

Yeah if you bought in at any point in March and used DCA you should be doing well right now. Only issue is a likelihood of retesting our low again, especially the longer we are shut down.

Nah this is all problem resulting from a sharp drop in demand and too much supply. The price drop today was due to expiring futures contracts.

I didn’t short but I got quite a few put contracts on USO and have made out like a bandit.

If we don’t reopen shit is definitely hitting the fan and SOON. Market volume was very low today with sell side looking strong and VIX spiked. I hope I’m wrong but if we don’t open up soon, or get a firm date, the slow bleed is going to start.

Sorry to disappoint but most of wsb was enjoying it, only USO bag holders were freaking out. Wsb is majority long term bearish right now and are holding their breaths for a retest of market lows.

June could very well end up this same way, however.

Yeah, lolwut? This oil situation is a direct result of demand dropping because of Covid and the lockdowns.

Yeah, with something like SPY or one of the others tracking the S&P you’re sitting pretty safe and comfy.