Nucor Corporation

ticket symbol : nue stop:53 target: 60 or more Jim cramer was pounding the table ‘buy’, ‘buy’ yesterday. It got my attention. Why not? the risk/reward ratio is good. This is a counter-trend trade. It fits my mentality. I like to trade counter trend even though the winning percentage is low. Steel Stocks are money losers for a long time.

New “T+2” Settlement Cycle

The new “T+2” settlement cycle will apply to all applicable securities transactions occurring on or after September 5, 2017. Under the new market-wide “T+2” settlement cycle, most securities transactions will now settle in two business days of their transaction date.  For example, if you sell shares of ABC stock on Monday, the transaction would settle on Wednesday.  If you have a margin account, contact your broker to see how the “T+2” settlement cycle might affect your margin agreement.

UNG

buy if breaks 6.85 stop loss: 6.25 target: 8 or more I haven’t paid attention much about the weather, fundamental of natural gas. This chart looks good for risk/reward. I trade this for fun. If i loose, i’m going to loose .6/share. 100 shares is 60usd. If it loose 60usd, i’m not going to loose any sleep. close position here: it’s moving slowly. counter trend has to move quick for me to hold strong.

investing using the Robinhood app

Robinhood lowers the costs of learning to trade stocks since you aren’t paying commission.  Robinhood is one of the newest and hottest brokerage firms. It’s a commission-free trading broker. It bills itself as the future of trading – with $0 trades, a fancy smartphone app, and lots of fancy investment-backers that would make it the envy of any Wall Street firm. As a beginner investor, chances are all you’re doing is buying and selling. You probably also do this ‘more often’ than regular…

Using Gold To Hedge Korea War Risk?

In a note on the role of gold as a “geopolitical hedge of last resort“, Goldman chief commodities strategist, Jeff Currie, writes that while it is tempting to blame the rally in gold prices on recent events in North Korea – which have certainly helped create a bid in gold – they only explain a fraction, or ~$15/oz of the more than $100/oz rally since mid-July. “Although events in North Korea are very serious, the lack of a large North…

Stock Market Bears Are Hiding

Markets are liking the fact that earnings are coming in strong. Confidence is up and markets are seeing inflows. Are there any bears left? Looking at the stock market these days it would be easy to come away with the opinion that it’s nothing short of full-blown exuberance.

Bitcoin: Fake Securities ?

Bitcoin has been blessed by a federal regulatory agency in Washington. On Monday, a bitcoin options exchange called LedgerX won approval from the Commodity Futures Trading Commission to clear bitcoin options, making it the first U.S. federally regulated platform of its kind, reports The Wall Street Journal. Less than 24 hours after the CFTC announcement, the Securities and Exchange Commission has declared that “tokens” such as bitcoin can be considered securities, and therefore, may be need to be registered unless…

OPEC Spare Production Capacity Hit New Low

The US Energy Information Administration estimated that OPEC’s spare crude oil production capacity fell by 170,000 bpd (barrels per day) to 2.01 MMbpd (million barrels per day) in June 2017 compared to May 2017, the lowest level since January 2017. OPEC agreed to reduce crude oil production by 1.2 MMbpd (million barrels per day) . OPEC’s crude oil production fell by 690,000 bpd (barrels per day). OPEC production could fall in 2017 due to the production cut deal. An expected…

bank of america

Bac stop buy if it breaks 24.50 stop loss 22 target 25 and possibly more. With expectations of a quarter-point rate increase on Wednesday, the banks r expected to benefit. banks are on the losing side during the recession.

Robinhood – Free Stock Trading

Free stock trading. Stop paying up to $10 for every trade. Robinhood is a free download that allows people to buy and sell stocks for free! View market data in real-time, build a personalized watchlist, and place trades with a few taps. Robinhood for Android   Robinhood for IOS – Free trading refers to $0 commissions for Robinhood Financial self-directed individual cash or margin brokerage accounts that trade U.S. listed securities via mobile devices. SEC & FINRA regulatory fees may…