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re: Oil stocks...are you buying?

Posted on 2/1/16 at 10:32 am to
Posted by Omada
Member since Jun 2015
718 posts
Posted on 2/1/16 at 10:32 am to
Use Marketwatch to follow oil futures. Oil prices are using March 2016 futures until they expire later this month. Look for CLH6 futures quote.

I suggest Marketwatch because it only has a 10 minute delay for the price quotes, which is the best for free I have found. My TD Ameritrade account gives me a 30 second delay without even having permission to trade futures.
Posted by TigerDeBaiter
Member since Dec 2010
10727 posts
Posted on 2/1/16 at 11:09 am to
Investing.com app is hands down the best for real time commodities tracking and world indices/futures. Nothing compares.
Posted by Omada
Member since Jun 2015
718 posts
Posted on 2/1/16 at 11:18 am to
Haven't tried their app, but the website has a bit too many ads, imo. Not clickbait level of ads, but definitely in the obnoxious range for me. Is the app better in this regard, and what is the delay for quotes?

Edit: just checked their website, and it looks like their quotes are real time or delayed by seconds, not minutes. But then it also blew up my phone screen with three full screen ads. Probably explains why they can offer real time quotes.
This post was edited on 2/1/16 at 11:21 am
Posted by Jag_Warrior
Virginia
Member since May 2015
4292 posts
Posted on 2/1/16 at 12:38 pm to
Check out the app instead. I have the iOS version and there's only a small banner ad along the bottom. It's quite good, IMO.
Posted by PlanoPrivateer
Frisco, TX
Member since Jan 2004
2969 posts
Posted on 2/1/16 at 12:51 pm to
I'm watching Shell today. Based on recent history they should declare their next dividend by today if not last week. If they don't cut the dividend I will probably buy a couple hundred more shares.
This post was edited on 2/1/16 at 12:52 pm
Posted by Old Sarge
Dean of Admissions, LSU
Member since Jan 2012
63202 posts
Posted on 2/1/16 at 1:07 pm to
Rdsb?
Posted by PlanoPrivateer
Frisco, TX
Member since Jan 2004
2969 posts
Posted on 2/1/16 at 1:28 pm to
Yes, RDSB
Posted by TigerDeBaiter
Member since Dec 2010
10727 posts
Posted on 2/1/16 at 2:01 pm to
The app is going to be better the mobile browsing for sure. The only ads on the app are in the beginning you wait through like a 5 second ad (or less) and then a very small banner at the bottom.

You can pay $25-30 to remove those from the app too. I haven't done it yet but it would be worth it IMO. It doesn't bother me enough though.
Posted by SonofDye
Jawga
Member since Jan 2015
1709 posts
Posted on 2/1/16 at 2:03 pm to
I know it has been discussed before but what is the reason for buying RDS-B over RDS-A?
Posted by ell_13
Member since Apr 2013
87989 posts
Posted on 2/1/16 at 2:12 pm to
Who's brave enough to buy some UWTI with me?!?
Posted by white perch
the bright, happy side of hell
Member since Apr 2012
7636 posts
Posted on 2/1/16 at 2:31 pm to
I'm tempted, but I'll hold off at least one more day
Posted by Old Sarge
Dean of Admissions, LSU
Member since Jan 2012
63202 posts
Posted on 2/1/16 at 2:34 pm to
How the heck did they go from over $600 to $2????
Posted by ell_13
Member since Apr 2013
87989 posts
Posted on 2/1/16 at 2:35 pm to
It's a 3X ETF...
Posted by Brettesaurus Rex
Baton Rouge
Member since Dec 2009
38261 posts
Posted on 2/1/16 at 2:35 pm to
Down to 2 and looks like still going. Who is that?
Posted by Fat Bastard
alter hunter
Member since Mar 2009
91078 posts
Posted on 2/1/16 at 2:38 pm to
quote:

I know it has been discussed before but what is the reason for buying RDS-B


because i said so.

I may buy some more as well. RDSB and COP are my big oil holdings.
Posted by ell_13
Member since Apr 2013
87989 posts
Posted on 2/1/16 at 2:44 pm to
It's a 3x crude ETF linked to the S&P GSCI Oil index. Basically if you truly think oil is going back up from here, this will triple that return.
Posted by Old Sarge
Dean of Admissions, LSU
Member since Jan 2012
63202 posts
Posted on 2/1/16 at 2:47 pm to
So it can never go to 0?
Posted by Omada
Member since Jun 2015
718 posts
Posted on 2/1/16 at 3:03 pm to
It can go to zero if oil drops by 33% or more in a day. You get 3x the gains and 3x the losses... which is why investing in a 3x ETF is a terrible idea. They're for trading instead.
Posted by Fat Bastard
alter hunter
Member since Mar 2009
91078 posts
Posted on 2/1/16 at 3:06 pm to
quote:

So it can never go to 0?



it sure as hell looks tempting.

UWTI chart

Posted by Old Sarge
Dean of Admissions, LSU
Member since Jan 2012
63202 posts
Posted on 2/1/16 at 3:08 pm to
I guess I still don't understand

So I'll stay away from it
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