I invested in oxy warrants when they were at $10.Currently they are at arround $40 as Oxy is in a correction.
WTI is up in dec .Not much but enough to stop the correction.
Now i'm waiting for feb to see in 2023 a barrel price above $120 which will tripple the profit of OXY and the warrants will include a leverage to it.
Fed wants to bring inflation down ?Haha you watch to much main stream media.
What they want for all of us is stagflation which means a recession and higher inflation on major goods causing that the people get poor and dependable
That was a purchase during the oil price crash during covid, so ofcourse afterwards there was a correction and gains. Same as anyone who owned stocks before covid achieved serious gains.
This is not very relevant to anyone who wants to get into the market now, and the picture is completely different.
Oil prices this first week of 2023 tumbled to 76USD. Let's track the barrel prices and see if they will go up to 120usd next month as you forecast.
Which specialized media you read that you are so knowledgeable about the Fed their intentions? Or you are in the board of the Fed?
I don't and won't ever claim I am very knowledgeable and definitely not that I can predict the market. If one of us could predict with hundred percent certainty the stock market you would not be here on this forum but instead be busy counting and spending the millions you make every month.
If the fed do their job right, stagflation is exactly what the economy needs for a brief period of time, only after a cool down of the economy inflation can gi down. The effect of interest increase is only seen 12 months later, with the first raise of the fed only in the first quarter of last year.
We all know the world finances and geopolitical events are orchestrated/manipulated by some individuals/corporations, nothing new here.
The big unanswered questions relevant to the equity market are (from my humble understanding) :
1) will we get into a recession and how serious will it be. If there will be a recession are the lower profit earnings already reflected in the equity prices? (no)
2) with how many basis points will the fed further hike the interest the next months?
3) when will the fed pivot, and especially again lower down the rates which will result again in a rally in the stock prices
4) what are the possible macro economic events. Russian war, invasion Taiwan, social unrest ... or any unexpected event such as covid
Main conclusion is that current equity rallies and tumbles are mostly influenced by the feds minutes and decisions.
I am making consistent profit, although only 4 digits amounts per month by buying /shorting during the swings. The market is still to volatile for me for long term investments and I expext a further drop in equity prices of +20%. Some nasdaq stocks that dropped over 50pct are already close to a buy
