SU SUNCOR is oversold, and I'm using 3 indicators to confirm that.
The reasons why I bought now: Warren Buffett added SU George Sorros added SU and lastly, because it is oversold. It is also a common consensus that this company will flourish if JB wins the US election.
Happy trading and hit like if you found this useful and helpful.
Oh yeah block tech, i bought my first yank stock suncor, i think once someone finds a vaccine it’s to moon baby. Your extrapolation looks good enough to me. In all seriousness now i had a close look at there P&L and balance sheet, and i could see why Warren Buffett bought in.
All the markers look good PE ratio under 15 yep thats a Ben Graham marker, debt to equity under 1 that is really good, price to book under one. Yeah 2020 has gone pear shaped however i can see why Buffett bought in, he must still follow some of Grahams guidelines, i bought the intelligent investor im assuming everyone on here has read it, i’m new to the game.
I did an accounting course about 20yrs ago that is coming in handy ill stop the nonsense talk from now on. Everyone is so serious on here.
Jamsie14
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Any other hot tips to look at on the US market blocktechEv? “The boss needs the info“
Jamsie14
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Oh yeah vaccine time US stocks to the moon.
Jamsie14
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I think the Aussies will find the vaccine first, id rather the us finds it over the poms, you don’t want them blowing there trumpet. Australia has the TGA like the FDA to get it up and running however we have 3 vaccines in human trials currently someone has to crack the code, that would be a big win if the USA cracks it for sure, now i have bought some US stocks what do i need to do to get my green card baby?
Jamsie14
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Thrills
Jamsie14
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So yeah i’m giving the American dream a crack, i checked out there financials they seem really solid, so ill slip a few hundreds there way until you guys get back to normality, i’m thinking there may be some chaos leading up to the election, use havn’t had a thrill kill in a while or a mass shooting, a big protest with some thrills and kills, so for the yanks on here, do you think any likely chaos will effect this stock market? because if you think it’s about to go ape shit again i might put some money in once youve returned to some sort of normality again. Or it hits rock bottom due to total anarchy.
VictorTan
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Thanks E. your indicators make sense to me too. Simple and straightforward
PRO_SMART_Trader
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I think Trump wins the election, and Warren Buffett has a positive view of the future of commodities, and his recent invests in commodities shows that Donald Trump will win the American election, and that oil prices and companies related to good days are likely to return.
Jamsie14
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@PRO_SMART_Trader, Hedging my bets here, are the Americans likely to protest about racial matters 98% chance, the elected president 99% will a copnshoot another person of colour before years end 99% chance will this result in another protest 100% is there a chance of a white or black supremacist doing another mass kill against police or a white person killing a bunch of blacks maybe shooting the president 80% chance will any of this chaos effect the market due to increased outbreaks of the virus 100% chance. This is my Amatuer Aussie analysis of the states 2020.
All the markers look good PE ratio under 15 yep thats a Ben Graham marker, debt to equity under 1 that is really good, price to book under one. Yeah 2020 has gone pear shaped however i can see why Buffett bought in, he must still follow some of Grahams guidelines, i bought the intelligent investor im assuming everyone on here has read it, i’m new to the game.
I did an accounting course about 20yrs ago that is coming in handy ill stop the nonsense talk from now on. Everyone is so serious on here.