Microsectors Big Oil 3x Leveraged ETN (NRGU)

Why is this board dead..? Weird NRGU is at these levels.. from 400 plus bucks a share

NRGU buy 494.95

I don't worry about gas or oil prices going up I just buy some of this stock and say ok whatever and watch other people crab...simple

Besides the fact that the US exports oil?
Watch top BB >109 lighten up. Then look to repurchase at 18dma or Fact of reduced Russian oil.

https://schrts.co/GXNpXinw

Good point.

Ummmm. What does OPEC have to do with Texas crude?

Some are calling for $120 per barrel. I could have leveraged in

$100
$105
$110
$115
$120

Some oil companies are now starting to divest their Russian assets. Hard to tell how it will effect the ETF's???

P.S. I noticed your price target was reached at wtic 110

We need to fix Iran's nuclear issues and see them "pump."

WHY is OPEC not opening the spigots on Texas CRUDE $110.00????????????????????????????????????????????????

After hours high $108.97. WTIC
Probably have yet to see full extent as todays banning of Russian oil and Gas imports.

You will have to dismantle Russia to resolve this issue.

In a fiery speech, Putin laid claim to Ukraine as a country “created by Russia.” History suggests otherwise.

Last 2 days NRGU $50.00 move.

CRUDE
$110 to $65
NRGD INVERSE BEAR ETF
YOU WILL MAKE A KILLING IN 6 MONTHS

Bounced off $90.20

Some called for $100 $110 and $120. The higher the better when I drop the NRGD bomb.

If I have to I will settle for the $90 to $65 move, or 18%. Within 6 months 36% annualized. Turbo with 3X NRGD. 108% annualized.

I am super excited about oil.

I made a prediction that Ukraine would blow over in 3 weeks.

CRUDE heads to 90, 100 and finally 110.

In 3 weeks the 110 is super precarious.

CRUDE will return to where it should be $65.00.

The $110 to $65 drop will make you a TON of CASH.

I will be using NRGD.

I did the math!! By 10:00 am PST, we should know whether today is the day. I don't believe so, BUT until there is a resolution, CRUDE and GOLD higher.

I save you time and copy paste a clock.
https://www.timeanddate.com/worldclock/ukraine/kyiv

Remember that the date was given by a Ukrainian actor playing president after an Obama coup.

10 HOUR TIME DIFFERENCE.

Yes, this chart has already broken the uptrend line.
NRGU
https://schrts.co/AwvANuWw

Keep an eye on XME as SSTO is considered imbedded at the close today if it stays above 80.

Remember that the date was given by a Ukrainian actor playing president after an Obama coup.

NRGU

MONSTER!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

FUTURES

LOWER

CRUDE
GOLD

HIGHER

There are folks that are worried *PUTIN* about today. Why would Russia show video of them retreating some forces and yet go ahead and invade today???????????????????????

Looks ripe to take scalps! $150/head!

Hey Aziz,

Woke = Broke!

Should start a 3x short ETF! with a ticker WKBK

https://www.spglobal.com/platts/en/market-insights/latest-news/oil/120721-saudi-aramco-signs-155-bil-gas-pipeline-deal-continues-to-monetize-assets

Climate Change doesn't exist! Your Fauci science has been debunked and your data manipulation exposed.

Artificially high oil prices due to collusion between producing countries is market manipulation and is sanctionable! I suggest you remember that and make sure the market has more than enough oil or the crash that it brings will be worse than your broketopia!
https://www.cnbc.com/2021/12/06/saudi-aramco-ceo-warns-of-unrest-if-fossil-fuel-investment-cut-too-fast.html

Austria, Germany, Australia!

Locked up and key misplaced!

That's the IMF's point. They are the same thing. They have no other source of income.

The pain starts at approximately <$80/bbl, when it get's to ~$45 aramco is insolvent! Sustained prices that low will destroy their country.

Here's to $10 oil!

You and I are talking about different things.

I asking about how much it costs the Saudis to produce a barrel of oil. You are talking about how much income the Saudis need for budgetary purposes.

It's not like I'm pullin' numbers out of thin air...

Here is one source, but I did read before on the IMF site directly.

https://www.reuters.com/article/us-saudi-economy-budget/saudi-arabia-asked-state-agencies-to-implement-big-budget-cuts-sources-idUSKBN20Y0QA

Note: Current Saudi Debt to GDP is ~35%

Gas prices in the US are now higher than when oil was >$115!
Get the corn cobs out of my fuel system!

I recall reading some time ago that the Saudis have the lowest cost of production in the world.

Their cost is their budgetary needs since it is a majority owned national oil company. IMF data...

Never forget!

Where do you get that the Saudi cost of production is $85/bbl? My understanding is that it is way less than that.

Shoes incoming! means shoes are gonna drop from the sky...WOW!!! that's really good ANALysis and highly profound...and why do you put a gold chart on an oil ETF board like $NRGU ???

Post was in English. Find a dictionary! If you still can't figure it out, I suggest paying for some higher education.

Can you speak english w/o talking slang??? I have no freakin idea what you are saying...I don't understand why you post charts, its all meaningless...

Saudis are a few Trillion $ short! Tell them to prepare for default!

Shoes incoming!

P.S. FYI their average cost of production is $85/bbl, expect another offering of aramco at a discount.

I don't understand what an air gap is, what date??? NRGU

Now you have a very severe air gap! <$60 wtic!

https://schrts.co/JQVWNuFN

I don't know what get your hammers mean...NRGU made it beyond 200, NO???

Target reached. Focus on the closing prices.

This is what fact checking looks like!

https://www.energy.gov/fecm/articles/doe-announces-notice-sale-crude-oil-strategic-petroleum-reserve-2

Frigin' twits!

Get your hammers ready! I bet as soon as the US gov. unloads some of the petroleum reserve, oil price will get crushed.

China major economic collapse is possible!

Probably hits that trend line we broke earlier and gets rejected hard! ~$18x.xx
https://schrts.co/gQdBmzBj

that kink doesn't work...here's a current link...https://www.wfla.com/news/national/drill-ship-crew-in-gulf-says-they-were-not-evacuated-for-hurricane-ida-still-stranded-with-no-rescue-in-sight/ Looks like we will see gas prices go higher...$NRGU could go as high as 200, NO???

Way past time to run these fools out of our waters!
https://www.yahoo.com/news/over-100-men-stranded-drill-111908047.html

Winter blend change over!

Jackson hole covid lockdown!
If the suicide jabs really worked this would not be necessary!!!



Also supporting oil prices was a fire on an oil platform off Mexico on Sunday that killed five workers and took 421,000 barrels per day of production - about a quarter of the country’s overall output - off line.

The U.S. Department of Energy said Monday it would sell up to 20 million barrels of crude from the emergency oil reserve to comply with legislation, with deliveries to take place between Oct. 1 and Dec. 15.

https://www.cnbc.com/2021/08/24/oil-markets-covid-vaccine.html

Have at least a tropical storm in the gulf this weekend with a Texas landfall(Have seen them go to Cat 4 in that distance). Clear rigs by Saturday evening at the latest. Put gas in the rescue boats.

Reaction low, now at resistance on daily. Weekly downtrend WTIC.

You are welcome.

Clues.
1. Wells Fargo pulls credit.
2. IPO's for days.
3. Shipping rates so high that it's not advisable to buy anything.
4. Some Asian fund blows up and flashes it's gold.
5. Large block sell orders in large names.

It be 2008, keep your powder dry.

Thanks for that info. Appreciate you.

Look at this chart. Draw in the trend lines.



Fed tends to sell everything to pay Govt. bills when they can't borrow more. This has the effect of making traders take profit so they can collect the tax money come April. Total manipulation of the market by the #1 Criminal organization on the planet! (DNC)

Below $100. You nailed it. I got out this morning with a loss. Best to all here.