Lost Sheep, Build Thread.

[Taco Loco]

October 3, 2024
3pm can't get here fast enough.

Looming Oil Glut to Reshape Global Energy Landscape | OilPrice.com

The World Bank warns of a historic oil oversupply that will drive down prices, benefiting consumers but creating challenges for oil producers and developing nations.

oilprice.com

I got completely out of all oil stocks since 10/3.

 

[Taco Loco]

Ayatollah orders retaliatory attack against Israel

Iran's currency falls to an all-time low as Trump clinches the US presidency

Iran’s currency has fallen to an all-time low as former President Donald Trump clinched the U.S. presidency again.

apnews.com

 

[Taco Loco]

Stocks headed for correction territory.

I do have concerns about these blanket tariffs. Numerous countries can collaborate and continue with the double standards and that will destroy their own economy, on the sole premise to weaken our economy. Also, U.S. manufacturing doesn't happen overnight. Going to be interesting to see how all this plays out.
On a side note, I feel like I'm in an excellent position, the key is buying back in the market/timing.

 

[SecretSquirrel]

Yeah, I've got around 40K saved to build a new garage and I'm starting to look to buy into the dip. If all goes well, I won't have to save any more and the recovery funds the build...

 

[Taco Loco]

The flat 10% tariff on all nations is expected to go into effect Saturday, April 5.

The reciprocal tariffs, which vary by country, are set to go into effect Wednesday, April 9.

 

[Taco Loco]

Pre mkt, lots of red, red, red...

 

[tx_shooter]

Pre mkt, lots of red, red, red...

OMG like this has never ever happened before. The US is going to crash and burn. Never come back. Never survive.

 

[Taco Loco]

Last week was the sixth-worst week of the 21st century, more red is not good.

OMG like this has never ever happened before. The US is going to crash and burn. Never come back. Never survive.

 

[Taco Loco]

Chinese tariffs now 104%, Harbor Frieght is going to be pricey,

 

[tx_shooter]

Precious metal investments are leveling and self correcting.

 

[tx_shooter]

That is a BIG step up.

 

[SecretSquirrel]

Yeah, I made 10k today. Invested Monday

 

[tx_shooter]

 

[Taco Loco]

China now has a 145% tariff,
Snap on tools might become affordable again!