All things STOCKS

[Jax_Vol]

Not possible for Americans I don’t think. I did no work to verify.

That would be my guess as well.

Thinking my buddy was joking.

But, buy low is the idea..

 

[Thunder Good-Oil]

Including TSLA?

Batteries are certainly a probable issue. TALA might have a little advantage being a domestic battery producer - but will they be able to secure raw materials.

AAPL is at risk. It will take them years to replace Chinese manufacturing.

DollarTree and Dollar General might fair better if they can secure inventory from other sources in Asia and Mexico.

 

[Thunder Good-Oil]

I haven’t followed natural gas, but it could be primed for a big rally if prices were depressed with the mild winter in Europe.

 

[Jax_Vol]

VanEck to Dissolve Russia ETFs as War Hobbles Investments

Best approach would be to buy into a commodity or companies/countries that will benefit if Russia decides to behave.

The US has zero tolerance with state sponsored terrorism or those that don’t fall in line boycotting trade with them. That really elevates the risk of buying anything China. Buying dollar store puts might be a lucrative trade.

I think Dollar General may be a buy and hold. Haven't followed it lately. Good ole Tennessee company.

Country people prefer dashing into Dollar General vs the Wal-Mart battle royale.

Not very familiar with Dollar Tree or the others in that group.

 

[Jax_Vol]

I haven’t followed natural gas, but it could be primed for a big rally if prices were depressed with the mild winter in Europe.

We're on a 29 month low on natural gas. If you want to hold something for a year plus, that will surely go up.

Could go up by a lot..

 

[Thunder Good-Oil]

I think Dollar General may be a buy and hold. Haven't followed it lately. Good ole Tennessee company.

Country people prefer dashing into Dollar General vs the Wal-Mart battle royale.

Not very familiar with Dollar Tree or the others in that group.

Since DollarTree bought Family Dollar, there are really only 2 left to buy. DLTR or DG. WMT is similar, but has much more scale and a growing eCommerce presence.

 

[Jax_Vol]

Since DollarTree bought Family Dollar, there are really only 2 left to buy. DLTR or DG. WMT is similar, but has much more scale and a growing eCommerce presence.

WMT released earnings today which were rather meh in guidance for 2023.

But stock is up today against a wall of deep red.

 

[Coug]

I got a question not about stocks but I figure a couple money people would know. I have cash on hand from a side gig, I don't want to deposit into the bank for tax reasons but would like to turn it into a check payable to someone else. Thoughts?

 

[@1RBFjr]

VanEck to Dissolve Russia ETFs as War Hobbles Investments

Best approach would be to buy into a commodity or companies/countries that will benefit if Russia decides to behave.

The US has zero tolerance with state sponsored terrorism or those that don’t fall in line boycotting trade with them. That really elevates the risk of buying anything China. Buying dollar store puts might be a lucrative trade.

You beat me to it. My RSX was shut down and at some point I’ll get a check. I originally bought it years ago the last time Russia invaded (IIRC) Georgia and it took a hit. VanEck winds down its Russia ETFs after invasion froze U.S. investing in Moscow — CNBC

 

[Velo Vol]

Batteries are certainly a probable issue. TALA might have a little advantage being a domestic battery producer - but will they be able to secure raw materials.

A lot of TSLA's profit comes from sales in China. Plus its factor there has the best margins.

 

[Velo Vol]

I haven’t followed natural gas, but it could be primed for a big rally if prices were depressed with the mild winter in Europe.

That's what I was thinking when it was like 15% higher. Still falling. I think one issue is that US export facilities have been doing maintenance and stuff.

 

[Velo Vol]

I got a question not about stocks but I figure a couple money people would know. I have cash on hand from a side gig, I don't want to deposit into the bank for tax reasons but would like to turn it into a check payable to someone else. Thoughts?

How much are you talking?

 

[Jax_Vol]

I got a question not about stocks but I figure a couple money people would know. I have cash on hand from a side gig, I don't want to deposit into the bank for tax reasons but would like to turn it into a check payable to someone else. Thoughts?

Cashier's Cheque

Same old school approach you use for selling a car to some unknown individual

 

[Firebirdparts]

 

[loosedog]

I looked for an ETF or something similar to buy into the low prices on natural gas. The tickers that came up confused me. What is the best “dummies” way to buy natural gas similar to USO for oil?

 

[Thunder Good-Oil]

I looked for an ETF or something similar to buy into the low prices on natural gas. The tickers that came up confused me. What is the best “dummies” way to buy natural gas similar to USO for oil?

UNG. It isn’t thinly traded either, which is important.

It is volatile and risky.

 

[Thunder Good-Oil]

You could sell cash secured out options on UNG a few weeks out and reduce the basis over buying the ETF outright.

UNG = $7.25

The 3/10/23 $7.50 put option is $0.70. So, if assigned, the shares would cost $6.80.

 

[Firebirdparts]

You can't take delivery of natural gas futures, so UNG is forced to roll their futures at any price and everybody knows that. I don't know if you all have any recollections of when the price of WTI crude oil went negative, but that was the reason. Too many people trying to play.

The cost of rolling futures is obviously not zero, and there's an expense ratio, and long term, the price of natural gas goes nowhere, so the result of this sort of thing is this:


Timing is everything here. There are lots of investments that they say are not suitable for a long-term hold, but this is the real thing here.

 

[Thunder Good-Oil]

In 10 years, UNG has lost 90% of its value. It hasn’t been a buy and hold type of security. It is one that can be traded though.

 

[Go aeiou]

I think in this case we are talking about "tax evasion". A felony with up to a $100,000 fine.
A guy working at my house today wants to be paid in cash.
We need more than 80,000 new IRS employees.

 

[Coug]

How much are you talking?

Not nearly as much as you're probably thinking.

Like $1,200

 

[Jax_Vol]

Not nearly as much as you're probably thinking.

Like $1,200

Cashier’s Check vs. Money Order: Key Differences (investopedia.com)

Perhaps buy a money order from the post office

 

[Velo Vol]

You can't take delivery of natural gas futures, so UNG is forced to roll their futures at any price and everybody knows that.

So that's what UNG is: futures contracts $ minus costs and time decay. It's not holding any "real" gas assets.

 

[Thunder Good-Oil]

So that's what UNG is: futures contracts $ minus costs and time decay. It's not holding any "real" gas assets.

It’s a derivative, not a NG operator. But the investment results mirror the performance of the commodity.

 

[Majors]

Does NVDA continue to rise after last nights earnings? Or backtrack