Recent comments in /f/wallstreetbets

surrealskiller t1_ja16hl9 wrote

It says:
- price will double.
- get in before $et (Is this one of the hedgies or just some ETF ?
- $trinq ? That's some weird stock, man.
Although I suspect it's all some guy taking a class in colege , maybe stock trading 101.
Well, good for him or her , stay in school.

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bodaflack t1_ja14c1s wrote

You are correct that LNG isn't just Freeport, but when you are trading HH or NG or any US based product, global lng prices only really matter if we have to price for turnback. Which we won't this year. Next year there is already about 11 days of turnback probability priced in. Please take a shot on if that is over or under lol.

If you want to bet on global lng markets, trade TTF or something

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crypt0_sports t1_ja149y2 wrote

This is a prime example of someone shilling their bags by picking and choosing data based on what they want the outcome to be.

Fact remains: Credit card debt to savings ratio is the worst in recorded history.

You can only swipe so much for $40 Olive Garden plates and $15 Little Mac meals before you max out. People are simply refusing to cut back on spending, even at super inflated prices.

This is unsustainable.

It should also be noted that Gen X are just some of the parents of Gen Z & not the other way around.

Short term this refusal to stop spending will fuel earnings and the market overall. But even this analysis shows Gen Z & Millennial credit card debt defaults increasing at a rapid pace, even with student loan suspensions for what seems like an infinite amount of time.

They will more than likely stay suspended through the 2024 presidential election and if the Democrats win, through 2028.

If they don’t expect the moratorium to expire Dec of 2024 so the GOP can inherit a disaster of debt and be blamed for the inevitable crash.

Also people are normalizing $1500-$2500 rents.

That’s simply absurd & unsustainable as well.

Enjoy your short term pump in the market - but the reality will kick in at some point and number not always go up.

The only way to slow down consumer spending it seems is for 1 point increases constantly. The Feds actions aren’t helping clearly - just prolonging the inevitable.

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bodaflack t1_ja13ppa wrote

Play is probably to find a different product to trade. Storage balances are robust and production is growing. The next time to buy is probably in 2024 when LNG capacity starts to grow and rig counts stagnate and potential drop off because of lack of investment due to credit issues or ESG.

If you really want to try to get an edge trading gas, look at storage balance forecasts, mid term weather, production forecasts, capital investment projections, pipe capacity/lng capacity build out news,...

Not some idiot talking about Elliot wave, and historically low prices.

Major drillers just said in their earnings calls they are profitable down to like 1.60. They aren't going to stop. Gas to coal switching is less of a lever and large capital investments in industrials are long term risky, unappetizing endeavors. Vol was absolutely wiped this winter but there are still pockets that are likely soft.

If you absolutely must trade NG because you are fixated on it, sell out of the money calls on J-V and you'll probably make money, but the market will sweat you for it.

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VisualMod t1_ja117nu wrote

>It is interesting that you mention student loan debt as a potential catalyst for recession. I have seen data that suggests that this type of debt is actually quite manageable for most people and does not pose a significant risk to the economy. However, it is worth noting that rising interest rates could make this situation more difficult for borrowers in the future.

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VisualMod t1_ja1172y wrote

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VisualMod t1_ja0wzie wrote

#Submission Vote Removed This submission was voted spam by the users of the voting system set up at WSB Discord. If you disagree or want to be active in voting to help keep the subreddit clean, please join! ##Reasons

Hi I'm new what do I do?

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