Energy stocks appear to be getting hammered due to credit downgrades or negative outlooks from Moody's
http://www.zerohedge.com/news/2016-02-02/sp-just-downgraded-10-biggest-us-energy-companies
<zero hedge
<actually summed it up nicely
...along with US production forecasted to replace the cuts by OPEC
Conversely, net long crude oil speculation per CFTC was relatively high in January and is in record high territory.
https://www.investing.com/economic-calendar/cftc-crude-oil-speculative-positions-1653
What gives?
Is the news lagging the market? Is the price baked in for the US to counter OPEC cuts?
I feel like if I know this information, professional traders obviously know as well.
This makes me a buyer of XOM and OXY as their balance sheets are pretty solid. I might go back into RDS.A to diversify into a more nat gas play.
https://research.ameritrade.com/grid/wwws/research/reports/viewreport?id=1452&documenttag=CSFBW50_750376&c_name=invest_VENDOR
This pdf about XOM has a nice comparison of oil majors on page 7. XOM RDS and OXY should give a good diversified mix.
Discuss
bump, or do we only talk about meme coins?
>>1821491
God pleas let oil stay above $50 a barrel so all of my friends and family dont hang themselves...
I'd love to work in content marketing as a guru, and basically all the career paths I'd be good at require me to have some "exposure".
Where the fuck do I start, how do I perform a self analysis of my "marketable qualities" of my skills and things people like about me and develop a strategy based on that?
Or should I pick a audience first, and then just mimic what others have done successfully and pander to the audience slavishly -- and let that define how I brand myself.
Any Instagrammers, Fashion Designers, Youtubers, Professional Gamers out there who have done this?
Thanks.
>>1821419
you wanna sell marketing schemes when you can't even market yourself?
>>1821431
Tradition once was: Sell the product, not yourself.
Lew Wasserman said it's all about your clients.
In Trump's burgerland, where do you go to find your local loan shark?
>>1821382
To the movie theater to watch a Nick Cage movie, because you're a delusional freak.
what a lovely board
I'm a history major but it is now very important that I know what the fuck a BDC is and does. All the google articles I could find were supremely esoteric. Go easy on me pls
>>1821377
1) buy failing but undervalued company
2) liquidate assets
3) turn profit
4) rinse and repeat
>>1821409
so what would employees of such a business do? Scope out failing companies?
>>1821409
This is incorrect.
A BDC is basically like a venture capital firm but invests in smaller companies through equity, debt, and mezzanine financing. They're also publically traded unlike VC firms so they give ordinary investors access to the market.
For personal security reasons I've always used prepaid Visa/Mastercard cards for any small (<~$100) online purchase that wasn't on amazon.
These cards can't be used to send money anywhere outside of the US (thanks patriot act), and there are a few things I'd like to buy but aren't sold by any domestic retailer.
Are there any similar alternatives or specific prepaid cards than can buy from foreign online retailers?
>>1821256
stop shilling your product REEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE
>>1821256
>For personal security reasons
like what reasons queer?
>>1821256
Testing
Anything ever come of /biz/ talking about reaming ISIS with counterfeit currency back in the day? Do you think that there are other rogue regimes or pseudo-states that could be gone after in this way with international law enforcement and the intelligence community looking the other way?
>>1821138
of course everyone is gonna look the other way when you start counterfeiting enough us dollars to cripple a whole country.
>>1821273
The plan was to counterfeit the ISIS money, not us banknotes.
>>1821275
well the isis coins are now geneva bullion and the caliphate's official currency is the USD.
Whats the catch with crowdfunding?
How much of pic related do you think would be profit for these guys?
It seems like the majority of these crowdfunding projects are nothing but bamboozlement for a quick cash grab.
Anecdotally, it always seemed like the most successful crowdfunding projects just used the service for advertising and then used the noteriarty to pursue additional debt/equity investment.
I can't think of any that are reasonably successful, however.
>>1821106
>I can't think of any that are reasonably successful, however.
This. Beyond the campaign itself, theres not much more success for these projects.
But as for the money they make on the crowdfunding platform, I still see some huge numbers pop up, every week theres something new making an ass load of cash.
Can I use the same asset for collateral to my margin account that I then invest in?
I can on Poloniex, because it will allow me to use ETH to margin a long position on ETH, but the margin account value is calculated in BTC-- this seems to effectively increases my profit/loss acceleration even more than the 2.5x leverage provided to me.
Thoughts? It seems like you could do this with anything. If you wanted to get more 'leverage' than a broker provides, just use the underlying itself as collateral.
>>1821050
This is accelerated faster on a loss. Your collateral quickly becomes a margin call on a reasonable dip.
Most large scale brokers only let you margin with 'stable' assets.
>>1821050
Depends what the asset is. What are you asking about specifically outside of ETH or BTC?
>>1821070
My experience with it is longing ETH using ETH as margin. I don't know what else you could do it with
Is investing automation proof? I'm not talking about investing against algorithms that just trade intraday off technical analysis, I mean like with +1 year holding periods or even just buying the s&p 500 etf. I don't forsee how it could become defunct because if so, the world would collapse into tribalism. Thats also why I'm gonna invest 0.5% of my money into prepper gear and weapons
>>1821046
>I don't forsee how it could become defunct because if so, the world would collapse into tribalism.
why?
everything will be automatized, even our erotic practices.
>>1821046
Automation is an overrated trend, especially in finance. It is a trend and will shape our future, but not to the extent people believe.
It is humans miscalculate prices, overreact and are biased. If you take out the human factor you reduce profit opportunities.
Algorithms will only be profitable on the long run if there are only a few of them. More algorithms means more competetion and more competition means less profit.
Another big factor is that every overcomplicated system is condemned to failure. History proved this countless times.
>>1821046
Automation will maintain its top meme status for as long as interest rates are artificially held low by a fed trying to postpone the next big market bust. Low interest rates means low cost of capital means big IT spend on every kind of automation possible to replace OpEx with capex. This can't go on forever, interest rates will rise but property values will tank when that happens. We're fucked the end is near so yeah buy guns and ammo
What are your plans on succeeding in the path to becoming a billionaire? I plan to master software engineering, being heavily involved in real estate, and hedge fund investing.
>>hedge fund investing
Lol, rolling my eyes, meng
>>1821032
What this guy >>1821038 said
Real estate is a good idea, you can make moves in real estate no matter the market. Depending on your financial situation, going to college for a business major relating to real estate might be a good idea because getting investors/loans will be easier. If not just keep your credit good so you can pull mortgages and loans for whatever you plan on doing in real estate. As for software engineering, you wont want a fulltime job in that as well as real estate shit. Trust me it wont work out. I also plan on doing shit in real estate, mainly fix and flip type shit as well as juggling rental properties. Then again I am in a perfect position to do that as my parents are doing it (they already got enough money for their retirement by doing it) and I know 2 people who can help me source investors and properties. I just gotta wait to get my realtors license (makes things easier for me) and I am golden. Sorry for the mess of a post but I hope it helped.
Develop the cure for aging and sell it for 1 klu klux klan each.
I think one million dollars is a fair price for immortality
what are youtubers doing when they get old and getting less views? They right now live from advertisement and twitch donations
Lets have an example.
>20-30 years old
>500k subs
>60k-150k views for a normal video after a few days or weeks
>very small increase eventually decrease in views
>using product placement videos
>twitch donations
I'm interested about what could happen to this people.
>>1820951
> They make millions a year
> They invest it, not buy GTRs and stupid shit
> They retire at 25
or
> They spend the $30k a year they make
> They have next to no life skills
> They work retail getting a 'floor manager' position because they 'managed' their own company for years
The ones that earn enough should be saving money for when they retire. There are YouTubers that earn a years wage every month. So lets assume their carreer lasts tree years they should be prepared for it to end.
Most YouTubers earn the bare minimum though. And I guess they could also switch to regular media. Or do something that they became known for. Journalists, game reviewers, hair stylists, fashion magazine, tv presenter, rapper. But I'm pretty sure a lot of them aren't prepared for such a switch.
I mean, I love to watch the videos of Lowko about Starcraft 2. But considering that seems to be all he does he has little added value in other fields, assuming he doesn't have a degree. At best he could become a community manager for Blizzard. Or a hamburger flipper at McDonalds.
>>1820951
>They right now live
There's rich, wealthy, and royalty. How much do I have to achieve and earn in order to possess royalty status? [pic very related]
>>1820899
enough to hire a private army, take over a country, and name yourself king.
>>1820899
You remain in the class you were born in
>>1820899
You're better off using military skill and power to take over a small African or South AMerican country.
I use Robinhood, any MJ-related investment opportunities?
Have a bunch of money in $CARA right now
get a real broker
if $10 transaction costs prohibit you from investing, you're not investing
everything good is otc
>SGBY
>PURA
should I pull out of cnab? with trump news stock will plummet
What's the best degree combination if I would like to go into international business? I was thinking of maybe doing MIS or Finance.
Bumping as I'd like to know as well
>>1820556
Double major in, firstly, whatever you want to actually do at your job (finance, accounting, etc.) and, secondly, in whatever language is the primary spoken language of whatever country you'd like to work in. After that, just be good enough to get the job (easier said than done for the vast majority of you).
I know a lot of you work in the tech industry does anyone have experience with non-compete (and similar) agreements? Mine isn't technically a non-compete, but it says all my ideas are theirs and extends 6 month past leaving. It even includes domain names, so say I buy a domain and it's valuable later on they could try to claim it as there own.
How enforceable are these things and when the contract is left ambiguous does it extend beyond the direct work related matters? I want to work on a side hustle but now I'm in a weird state of can't be too ambitious or do anything directly tied to my name. Is it worth starting up something and using family members as strawmen or will this get seen through?
It's also phrased in such a way that makes it seem like I can't directly go to another job. ie. That overlap period of work would still be 'owned' by the old company. I did have a coworker that left for another job recently and it wasn't a problem (he might not have signed the same document and/or said go fuck yourself if they tried, he might have started before they did such things.
And why is there such a culture in tech/engineering like you can't ever work a different job in the same industry and that it's somehow dishonest. How did engineers let themselves be such cucks?
Do you guys have any experience with this? I'm personally OK with what I did, it was my first job out of college and if need be I have a good reason to take a nice long vacation, but it doesn't seem right. And most people don't just quit and start a business, you have something that grows organically.
non competes are almost never enforced by the courts.
The reason these are considered jokes is that they essentially make it so that you can't even work any job for half a year to as many as seven years after leaving.
The only time people are actually sued is when a competing company head hunts an employee with the intentions of using their knowledge of their current employer for their own benefit.
The courts really don't play nice with non compete cases unless it was proven that you used their resources or something you acquired while working to use against them.
>>1820564
>non competes are almost never enforced by the courts.
I mostly figure as much. Really I'm worried if I make a successful website or app, like something that I can turn around and sell for thousands of dollars could all get yanked out from under me. Or worse sued after the fact.
My thing right now is I don't really make software they would want, ie. a porn site. But I'd like to set my sights higher.
>>1820751
>Really I'm worried if I make a successful website or app, like something that I can turn around and sell for thousands of dollars could all get yanked out from under me. Or worse sued after the fact.
Just make sure you do all of your personal work on your own personal time with your own equipment
Really, all companies want to do is to make sure you don't make something great at work and quit right before it's finished to start your own business, or to make sure you don't give a competing company their secret sauce.