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TopicMy friend bought $1800 in oil stock yesterday. Smart move?
AngelsNAirwav3s
04/22/20 11:41:00 AM
#38
Time_Rider posted...
The prices crashed well before those anticipations.

No, oil was at almost a 52 week high in January at $62. When china started shutting down it dropped 25%.

https://www.cnbc.com/2020/02/27/oil-markets-coronavirus-spread-in-focus.html

That is from the end of February.

Speculations that coronavirus may spread in the United States prompted a series of fresh selling, said Kazuhiko Saito, chief analyst at Fujitomi Co.

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TopicMy friend bought $1800 in oil stock yesterday. Smart move?
AngelsNAirwav3s
04/22/20 11:16:13 AM
#34
The "price of oil" is based on oil futures contracts. People try to predict how much supply and demand there will be in the next month. Of course you don't know actual demand drops until the oil is actually consumed. I think we are just arguing semantics here, the prices crashed because people anticipated demand would be lower once the lockdowns went into place. Unless you believe there is some other mysterious reason the prices went down.

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TopicJust finished Altered Carbon Season 2 *Spoilers*
AngelsNAirwav3s
04/21/20 11:43:23 PM
#21
What made the first season so good was that it was an old noir mystery story with lots of twists and turns as we followed Kovacs through this perverted new world. It tapered off at the end when his sister ended up being the big bad. The plot twist wasnt bad, I just feel like the show did a pretty poor job handling her. And then when the daughter somehow emerged from healing as a walking death machine and killed everyone, that was so dumb.

season 2 just felt soooo meh, they just toss the whole mystery/private detective themes out the window. They should have kept Quell dead, and explored something else in that world. The one interesting thing they did bring up at the end, some mysterious alien spirit coming back, fell soooooo flat. You killed muh baby trees!!!! I want revenge was all that we got from that? They could have gone so much deeper with that concept. And the whole Kovacs copy was so dumb

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TopicMy friend bought $1800 in oil stock yesterday. Smart move?
AngelsNAirwav3s
04/21/20 3:41:03 PM
#22
Time_Rider posted...
No, it didn't cause this. The huge drop happened before lockdowns. It's why it's still going though.

The demand drop started in China when lockdowns went into place, and the prospectors buying oil started getting more and more worried that a lockdown would happen in the US and worldwide, causing an even bigger drop in oil futures.

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TopicMy friend bought $1800 in oil stock yesterday. Smart move?
AngelsNAirwav3s
04/21/20 3:35:21 PM
#20
Time_Rider posted...
You think oil prices went down because Americans aren't driving? That's not why whatsoever, had nothing to do with the US.

Umm... oil demand drop is what caused this. The US is by far the largest oil consumer, so it is safe to say Americans not driving has something to do with oil being low lol.

Saudi/Russia price war accelerated the drop, thats for sure, but if that were the true cause, then the price of oil would have bounced back when OPEC+ agreed to the biggest production cut in history. Also oil was already dropping pretty quick before the Saudi/Russia fallout.

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TopicMy friend bought $1800 in oil stock yesterday. Smart move?
AngelsNAirwav3s
04/21/20 3:21:21 PM
#17
Oil stocks are up today for some reason, I figured they would be getting destroyed w/ June futures plummeting 50%

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TopicWoman pulls out of abortion after reading pro-life blogger's article.
AngelsNAirwav3s
04/21/20 3:05:11 PM
#10
TheGoldenEel posted...
her body, her choice

that is the whole point of being a pro-choice advocate

The pro-life argument would be that the baby has a right to not be murdered, this child would not have been alive for the last 5 years had an abortion been performed.

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TopicOil Prices are Falling to 1999 Levels
AngelsNAirwav3s
04/20/20 8:17:40 PM
#26
mustachedmystic posted...
I heard oil futures are negative. Think about that for a second, theoretically, people will be paid to take oil(at least that's what I get from it).

That is what we are talking about w/ oil prices, the May futures for oil went below $0 because today was the last day of the contract. Tomorrow the June futures start, and they are trading at like $20, so oil will go right back up to $20 tomorrow. That is why you didn't see the stock market get absolutely pummeled today (oil stocks actually went up), this is just a weird thing that happens in a commodity market when we are in an oversupply. It certainly isn't good for oil companies to have oil at $20, but this isn't the end of the world that a headline like $0 Oil would make you think.

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TopicOil is -$37 a barrel. Yes, negative $37
AngelsNAirwav3s
04/20/20 7:02:40 PM
#17
It will bounce back to $20 tomorrow, today was just the end of the monthly futures contract. The oil industry is still in a lot of trouble at $20 also though.

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TopicHow would you invest in oil companies?
AngelsNAirwav3s
04/20/20 4:12:20 PM
#7
Oil stocks actually didnt do that bad today, and the price of oil tomorrow will be back to $20, today was just the result of a commodity market oddity when we are at the end of a monthly contract.

the oil industry has had a decent bounce over the last couple weeks, I am expecting it to go back down before we get to the real recovery after people are allowed to drive again

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TopicOil is now $10 a barrel
AngelsNAirwav3s
04/20/20 4:02:13 PM
#63
TopicOil is now $10 a barrel
AngelsNAirwav3s
04/20/20 10:39:20 AM
#29
I shorted the shit out of oil companies on Friday too, and we have the worst drop in oil history.

Yet somehow oil stocks are only down like 2%, what in the actual fuck

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TopicBackstreet Boys was super underrated in the 90s
AngelsNAirwav3s
04/18/20 1:46:30 PM
#27
Backstreet Boys had the most talented group I think (all of them can sing, compared to N*Sync who was basically just JC and Timberlake), and they did have some bangers, but N*Sync has just a little better overall catalog

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Topic11 consecutive US presidents served 4 years or less in the 1800's
AngelsNAirwav3s
04/17/20 9:18:41 PM
#8
I am assuming you are talking about the post Jackson era? This was probably the most polarizing time in US politics. Also a lot of these Presidents are frequent top picks for the worst Presidents of all time list. We did have Harrison, Taylor, and Lincoln all die in office (technically Lincoln was President for more than 4 years), and Polk just decided not to run again (despite being popular and the last good President before Lincoln).

However even including those above... I only count 10

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TopicDid anyone else major in something they are no longer passionate about?
AngelsNAirwav3s
04/17/20 6:59:25 PM
#14
I majored in Electrical Engineering but got pretty bored of it a year into my first job, then swapped over to Petroleum Engineering

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TopicWhy is anti black racism so popular these days?
AngelsNAirwav3s
04/17/20 3:23:51 PM
#5
You should look up the recent Asian and Jewish racist sprees in NYC to see some violent racism not getting called out

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TopicMy friend is $300, 000 in student loan debt
AngelsNAirwav3s
04/17/20 3:20:42 PM
#16
How the fuck does someone get $300,000 into student loan debt to just become a high school teacher.

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TopicAbout my delta airlines stock I bought last december
AngelsNAirwav3s
04/17/20 2:41:29 PM
#9
REMercsChamp posted...
If you had big wins it's only because you bought within the last few weeks when the market tanked

I almost tripled my money on TVIX when the market tanked (basically shorting the market).

Lost a lot on some idiotic trades, got pretty cocky lol

The last couple weeks I have been on a nice winning streak though, made 12% on apple, 10 to 15% on multiple trades on WPX, a nice 35% gain on LBRT. Just bought into DRIP, I feel like oil stocks have to go down w/ oil at $18... no idea how they are up huge today.

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TopicAbout my delta airlines stock I bought last december
AngelsNAirwav3s
04/17/20 2:08:55 PM
#7
I have had a bunch of big wins and big losses on the market the last month... she is a fickle beast

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TopicWhy is America so quick to lift their lockdown measures?
AngelsNAirwav3s
04/17/20 1:36:02 PM
#31
hockeybub89 posted...
If a river of lava is preventing me from going to work, I don't think it fucking matters how much I need the money. Maybe my country can help me out in my time of need.

Imagine thinking getting the virus is the same as jumping into a river of lava

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TopicWoman exposes how racist kids at her high school are.
AngelsNAirwav3s
04/17/20 1:33:10 PM
#54
Questionmarktarius posted...
If it's on the internet, it's public.
Never pretend otherwise.

I meant the people in the video didn't post it. They sent it to 1 friend 2 years ago, and it got around and it just got posted.

At least that is their story, who knows

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TopicWhy is America so quick to lift their lockdown measures?
AngelsNAirwav3s
04/17/20 1:28:03 PM
#9
ITT: You can only open or close 100% of America at a time

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TopicWoman exposes how racist kids at her high school are.
AngelsNAirwav3s
04/17/20 1:07:39 PM
#14
boxington posted...
imagine reaching that age and thinking it's a good idea to post that kinda content online where everyone can see your face and eventually identify you.

Sounds like the video is 2 years old, wasn't posted publicly, and somehow got leaked to someone trying to ruin the girls life who just posted it. At least that is what the girl in the video said.

Still... Why tf would anyone make that video lol

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TopicCuomo is going HARD on Trump lol
AngelsNAirwav3s
04/17/20 12:49:35 PM
#16
OpenShut posted...
How's he repeating what Trump said? He's saying they need federal funding which is Trump's job to provide in an emergency. He's dropping the ball on that.

I mean after he gets done with the "But the POTUS is doing so bad blah blah blah" part and starts talking about actual things happening with the virus and the measures they are taking

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TopicCuomo is going HARD on Trump lol
AngelsNAirwav3s
04/17/20 12:45:56 PM
#10
Doesn't he bash Trump in all of his press briefings before repeating basically the same thing Trump says in his briefing?

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TopicIm a brit looking at the US map
AngelsNAirwav3s
04/17/20 12:32:05 PM
#30
You would think they would at least label the middle "Chicago" instead of "???"

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TopicIf the South won the Civil War, how long do you think slavery would have went on
AngelsNAirwav3s
04/17/20 12:30:59 PM
#7
Probably until the 1930's and 40's, when machinery and diversification made the plantation system obsolete.

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TopicIm a brit looking at the US map
AngelsNAirwav3s
04/17/20 12:12:22 PM
#25
If you are in Chicago or Milwakee for example, you definitely can't look across lake Michigan and see the other side.

When the first explorers going West stumbled on the Great Lakes, they thought they had finally reached the Pacific Ocean, only to taste the water and realize it was just a lake lol

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TopicEpisode 9 is one of the most stupid and anger-inducing films ever made. spoilers
AngelsNAirwav3s
04/17/20 12:03:38 PM
#13
Episode 9 wasn't the movie we deserved, but it was the movie we needed. It finally united the fanbase so split over TLJ, now we all agree that the sequel trilogy was complete trash

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Topicuh what's up with Michigan
AngelsNAirwav3s
04/17/20 10:46:42 AM
#8
How many flags were there? I bet it was one guy who was like this flag will really trigger some snowflakes

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TopicA US City Shut Down Their Coal Plant And The Effect On Locals' Health Was Incred
AngelsNAirwav3s
04/16/20 2:53:52 PM
#17
Thank god for frac'ing and natural gas

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TopicWhat part of the story do you think FF7R3 will get to?
AngelsNAirwav3s
04/16/20 12:36:05 PM
#4
Do we know how long the second part will go?

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Topicr/unpopularopinion meathead says Daisy Ridley is a bad actress...
AngelsNAirwav3s
04/16/20 12:26:22 PM
#24
The acting was way worse all around in the prequels than the sequels.

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TopicGot me my $1200.
AngelsNAirwav3s
04/15/20 7:35:13 PM
#2
At least you got something, once I graduated college I became ineligible

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TopicThe stock market recovered half its losses already
AngelsNAirwav3s
04/15/20 5:07:50 PM
#52
Zodd3224 posted...
Do you know what happens when countries just stop producing? Do you realize how long they are going to have to stop producing after the Saudis and Russia kicked into overdrive during a time when the demand was so low?

What do you think happens? It's not like the resource and the infrastructure to get it out of the ground just disappears into the ether. It's definitely not good for individual companies and countries to be shut in for long periods at a time, but the industry as a whole will bounce back from this when demand comes back.

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TopicThe stock market recovered half its losses already
AngelsNAirwav3s
04/15/20 3:50:31 PM
#50
Zodd3224 posted...
Yes it will if the prices are below the break even price, which they are for most countries currently.

No.... it is simple supply and demand. If prices are below the break even price, that means there is too much supply, so countries will stop producing. This will lower the supply, causing the price to go back up, and as soon as it goes above break even price, they will start producing again.

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TopicThe stock market recovered half its losses already
AngelsNAirwav3s
04/15/20 2:43:33 PM
#47
The price of oil dropping won't kill the industry... if anything it will make it even harder for renewables to compete because you can buy oil for energy for pennies.

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TopicEx texting me again
AngelsNAirwav3s
04/15/20 12:20:54 PM
#33
I have been in a similar situation (although yours sounds a bit more extreme), I was with a girl for a year who I think was bipolar. We were stuck in a cycle of about every 4 days she would get super pissed at me for some random thing, yell, make me feel like shit, not talk to me for a couple days, then we would finally be back to normal for about 24 hours before starting again. When I tried to leave, she threatened to call the cops and claim rape.

Like a lot of people said, just ignore her, put her on block, and never respond. Also, if you aren't already, find a therapist to go talk to. That helped me immensely at the time, just taking the time once a week to talk to someone, allowed me to take a step back and really examine what was happening to me.

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TopicThe stock market recovered half its losses already
AngelsNAirwav3s
04/15/20 12:08:05 PM
#29
TVIX has been a cruel bitch these last few weeks, but I bought in yesterday and got a solid 20% gain today :)

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TopicAnimal Crossing: New Horizons - Official Topic v.5
AngelsNAirwav3s
04/11/20 5:47:03 PM
#102
What the heck, CJ isnt on my island to start the tournament! Do you have to be at a certain level or something?

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TopicAnimal Crossing: New Horizons - Official Topic v.5
AngelsNAirwav3s
04/10/20 3:34:07 PM
#11
Egg Day is the only event I have experienced in Animal Crossing (just started playing a few days ago), are all the other events going to suck this bad? There are fricken eggs everywhere... and all the craftable stuff looks atrocious lol

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TopicI haven't played SSBU in over a year
AngelsNAirwav3s
04/10/20 2:29:06 PM
#26
I still have a lot of fun playing 1 v 1 online, although probably not as much as Smash 4, this might be the one area where Ultimate is worse (except for arenas)

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TopicJust talked to a neighbor laid off from Covid. 40 hours to try to file for
AngelsNAirwav3s
04/10/20 2:24:36 PM
#2
My friend did it in under 10 hours, and now makes more money than he did before getting laid off lol

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TopicI thought FFXV sucked, would I enjoy FFVII?
AngelsNAirwav3s
04/10/20 2:23:49 PM
#6
boxington posted...
I've only played a little, but I like it so far.

combat is pretty basic, though -

press square to attack, hold it for longer attack

circle to dodge

R1 to block

triangle to change different style (haven't really tried it, though), and for Cloud, I think it makes his attacks stronger, but slower, and for Barrett, it charges up a stronger blast

and X pulls up the menu that slows down battle so you can use spells, items, abilities once your ATB gauge fills up

You could beat the entire game in FFXV by just holding circle and drinking a potion when health got low, so this seems like a big improvement

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TopicAnimal Crossing: New Horizons - Official Topic v.4
AngelsNAirwav3s
04/10/20 12:22:39 PM
#496
Dumb question, but do you have to transplant flowers by totally digging them up and then planting them somewhere?

Or can I pick the flowers like fruit (leave the original there), and then dig a hole and plant a new flower?

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TopicPuppy Advice Needed
AngelsNAirwav3s
04/10/20 11:35:05 AM
#11
Get him on a schedule consistent bathroom schedule ASAP. Maybe keep him isolated to the non-carpeted area of the house when you arent playing/training him directly for a few weeks till he is potty trained? And crate training is a life saver

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TopicAnimal Crossing: New Horizons - Official Topic v.4
AngelsNAirwav3s
04/09/20 7:38:11 PM
#432
Ruddager posted...
Lots of recipes use wood, but theres no real "optimal" way to sell it. Unless its a hot item, things you craft sell for 2 times the amount of what you would get from selling the amount of materials you used to craft it.

Oh damn 2x?? So I should be selling flower wreaths instead of just flowers? I was very disappointed in the amount of money I got from my flowers after planting them and waiting for 3 days for them to finally grow...

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