Falstaff
Ahn'Qiraj Raider
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From a derivatives perspective the sanctions don't even block us from unwinding trades. The risk is in the insolvency of course, so we'll see. But Sberbank isn't even banned from SWIFT (yet).
Investing General Discussion
- Thread starter Furious
- Start date
Jysin
Ahn'Qiraj Raider
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I've had my eye on JPM today too. The $140 pivot looked nice, but we opened and immediately didn't hold that level. Market as a whole feels kind of heavy today, so I am hoping we get a market move lower before I add.
It is tough buying into strength in this market. SPY has had quite the move up from last Thursday. I think it is likely we test some SPY 420s again.
So, for now I am waiting for better entries.
It is tough buying into strength in this market. SPY has had quite the move up from last Thursday. I think it is likely we test some SPY 420s again.
So, for now I am waiting for better entries.
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Sanrith Descartes
Veteran of a thousand threadban wars
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Jysin
Ahn'Qiraj Raider
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Sanrith Descartes
Veteran of a thousand threadban wars
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CAT is 26% down from its high with a strong balance sheet. The "risk" is their exposure to the Russian market. Short term its not great. If you assume that eventually things normalize with Russia (and since they are the #2 nuclear power this is pretty much a given) the mid to long term outlook is good. I am not "recommending it" but you might want to do your due diligence on it.
Sanrith Descartes
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Sanrith Descartes
Veteran of a thousand threadban wars
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Tmac
Adventurer
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When suicide is the greatest form of virtue signaling.
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Sanrith Descartes
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Jysin
Ahn'Qiraj Raider
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Fairly interesting list of companies and sales #s associated with Russia / Ukraine. This is likely the repricing we are seeing today.
www.bloomberg.com
Sanctions on Russia May Hit US Brands From McDonald’s to PepsiCo
With Western governments ramping up sanctions on Russia, investors are trying to assess the impact on American businesses, including some of the biggest U.S. consumer companies.
www.bloomberg.com
Sanrith Descartes
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Mist
Eeyore Enthusiast
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We don't actually import much Russian oil; North America is actually energy independent and a net oil exporter.
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Sanrith Descartes
Veteran of a thousand threadban wars
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Cut my losses on the RSX calls. Lost about 30 cents a share. I thought the peace talks would begin the end. This is looking like both sides are digging in.
Sanrith Descartes
Veteran of a thousand threadban wars
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No. We do import oil even though we can be independent because of the various types of crude. We import 7% of our oil from Russia. Again because of the type of crude it is.
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Sanrith Descartes
don't look now, but HD is up and I'm... green on something?Time to call up Fidelity tech support again
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Sanrith Descartes
Veteran of a thousand threadban wars
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Almost everything I am watching is in this no man's land of price. Not moving up so I think its bottomed and not low enough to be sure its bottomed.
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