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Feb 19 2015 11:30pm
Quote (wheniwassevenishotacheetah @ Feb 20 2015 01:14am)
Mutual funds.


Inverse etf on Euro since over short- mid term it's not gaining traction against the $?


not sure what you are suggesting?

thinking about selling EUO relatively soon, not sure how much lower euro can go. Been busy with school recently so I haven't been able to read news as rigorously as I'd like but the key drives of the euro/usd exchange rate going forward will be greece/ukraine/fed's time table for raising interest rates.
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Feb 19 2015 11:42pm
Quote (sentries @ Feb 20 2015 12:30am)
not sure what you are suggesting?

thinking about selling EUO relatively soon, not sure how much lower euro can go. Been busy with school recently so I haven't been able to read news as rigorously as I'd like but the key drives of the euro/usd exchange rate going forward will be greece/ukraine/fed's time table for raising interest rates.


Inverse etf on Euro? It's a profit off of their decline.

Yellen has been saying, since before she took the chair, that she was looking at jobs numbers as the priority recovery metric in the decision to raise the rate (by .25% or so). With those numbers improved, more recently she's hinted at approx a year or less.

So far as ECB goes, it's not just cold relations with Russia (via Ukraine), and the end of austerity, but a failure of other large economies to readjust to the changed manufacturing landscape (France, I'm looking at you) and lack of confidence.

This post was edited by wheniwassevenishotacheetah on Feb 19 2015 11:42pm
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Feb 19 2015 11:53pm
Quote (wheniwassevenishotacheetah @ Feb 20 2015 01:42am)
Inverse etf on Euro? It's a profit off of their decline.

Yellen has been saying, since before she took the chair, that she was looking at jobs numbers as the priority recovery metric in the decision to raise the rate (by .25% or so). With those numbers improved, more recently she's hinted at approx a year or less.

So far as ECB goes, it's not just cold relations with Russia (via Ukraine), and the end of austerity, but a failure of other large economies to readjust to the changed manufacturing landscape (France, I'm looking at you) and lack of confidence.


a good point about other large economies, I certainly think the eurozone has a lot of issues (which I am by no means an expert on)
problem for my investment is I think a lot of these problems have already had their impact on the exchange rate

its certainly tempting for me to lock in my ~20% profit after 5 months, but I'll continue to hold for now as I see no reason for euro to significantly strengthen in short-term
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Feb 20 2015 12:09am
Quote (sentries @ Feb 20 2015 01:53am)
a good point about other large economies, I certainly think the eurozone has a lot of issues (which I am by no means an expert on)
problem for my investment is I think a lot of these problems have already had their impact on the exchange rate

its certainly tempting for me to lock in my ~20% profit after 5 months, but I'll continue to hold for now as I see no reason for euro to significantly strengthen in short-term



Tres I teressant merci Messieurs jack hunter 👷
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Feb 23 2015 11:01am
First solar is reporting earnings tomorrow. Hoping that companies with lower costs from oil prices decided to use savings to invest in alternative energy
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Feb 23 2015 07:48pm
Quote (sentries @ Feb 20 2015 12:01am)
Been investing for awhile and thought I'd post my portfolio positions and give/receive advice for anyone that wants to discuss potential investments

First solar (fslr) 8.49%
Patrick industries (patk) 32.59% up 16% today after earnings :)
Euo (double leveraged etf short euro vs. Usd) 26.68%
cisco (csco) 5.14%
Voo (vanguard s&p etf) 25.34%
Cash 1.76%

Recent investments I've sold
Nbg ( what a failure lost 50% in a couple months)
gpro got in just after ipo and sold for a nice profit
Bac
Jpm

Upcoming events:
Fslr earnings


Feel free to post thoughts


i wanna be a stockbroker, no jokes!
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Feb 23 2015 08:44pm
Quote (me1 @ Feb 23 2015 09:48pm)
i wanna be a stockbroker, no jokes!


Not necessarily the best job market for brokers these days
The days of wolf of wall street don't exist anymore

This post was edited by sentries on Feb 23 2015 08:45pm
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Feb 23 2015 08:44pm
Quote (sentries @ Feb 23 2015 09:44pm)
Not necessarily the best job market for brokers these days

gotta take risks in life, or youll never know :thumbsup:
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Feb 23 2015 08:46pm
Quote (me1 @ Feb 23 2015 10:44pm)
gotta take risks in life, or youll never know :thumbsup:


True. Good luck to you :thumbsup:
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Feb 23 2015 08:47pm
Quote (sentries @ Feb 23 2015 09:46pm)
True. Good luck to you :thumbsup:


ty my friend! :hug:
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