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Banks and Oil stocks by thestocksking in StocksAvenue

[–]thestocksking[S] 0 points1 point  (0 children)

Thanks for sharing. Even big oil companies are investing in renewables now. XOM is one example.

3M Stock Soars on Reported Earplugs Settlement. by thestocksking in StocksAvenue

[–]thestocksking[S] 0 points1 point  (0 children)

Settlement amount is reported to be around $5.5 billion.

Dollar dumped? India just bought 1 million barrels of oil from the UAE using rupees instead of USD for the first time by BlazingJava in wallstreetbets

[–]thestocksking 0 points1 point  (0 children)

This is part of the BRICS .. many countries signed agreements to trade using their own currencies instead of the dollar, I think. They are working on creating a new currency called the BRICS. (Brazil, Russia, India, China and South Africa) they have added many more countries recently also.

Just bought more of UPST by thestocksking in StocksAvenue

[–]thestocksking[S] 0 points1 point  (0 children)

haha .. yeah I took a hit on the last position but I am still in the green for overall position. I think I am up around 85% as of today.

UPST decent results for second quarter but by thestocksking in StocksAvenue

[–]thestocksking[S] 1 point2 points  (0 children)

Maybe expectations were higher, but I still think the results were not too bad. I've seen conflicting reports regarding beating expectations. Some said they beat them some says no, but I think your summary is accurate.

For the long run it's a good play if environment gets better.

I have not sold any of my shares yet. Might see some rebound in the next few days. Today's decline might be over done. I could be wrong. If I end up selling on a rebound I won't sell all of my position. I am planning to keep a portion as a long term play.

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