My individual stocks in the Covid account definitely don’t follow the Dow Jones. Only one of them, (Shell) was up today while the DJ is up.
2026 investments
- Thread starter BCClone
- Start date
I saw oil dip today around lunch and bought some USO etf (all oil futures)
Quickest 8% return I’ve ever made!
Quickest 8% return I’ve ever made!
Anybody else making short term moves around the oil situation?
I’m debating buying a little more oil (via futures ETF). Not a crazy amount. Just seems like too good an opportunity to pass up (and a good hedge for equities, and maybe even bonds, which all seem to get pounded as oil goes up)
I'd guess you missed the move but who knows.
For context:
My brokerage is about 87% varied length bond funds, balance is more speculative/hedge stuff (mostly individual stocks, 5-6% currently in metals, 3.8% now in short term oil futures, etc)
My philosophy for this account was ‘VTI and chill’ until spring 2025, after that point I moved vast majority of the account into bonds and have had fun with more active investment style for the remaining balance.
Regarding oil:
Everything I’m seeing suggests there will be an ongoing supply squeeze for AT LEAST 2-4 more weeks, and I expect oil prices should march steadily upward during that time. We’ve already seen news of major oil producers and refiners in the Middle East cutting back on production, I think that those current shutdowns will take at least weeks to work their way through the supply chain
My brokerage is about 87% varied length bond funds, balance is more speculative/hedge stuff (mostly individual stocks, 5-6% currently in metals, 3.8% now in short term oil futures, etc)
My philosophy for this account was ‘VTI and chill’ until spring 2025, after that point I moved vast majority of the account into bonds and have had fun with more active investment style for the remaining balance.
Regarding oil:
Everything I’m seeing suggests there will be an ongoing supply squeeze for AT LEAST 2-4 more weeks, and I expect oil prices should march steadily upward during that time. We’ve already seen news of major oil producers and refiners in the Middle East cutting back on production, I think that those current shutdowns will take at least weeks to work their way through the supply chain
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I'm waiting for the stock split. 675 a share is insane for breakfast pizza.
Not too bad if you're sitting at $4 million!
Not to mention how long it will take the global supply chain to catch back up.
Caseys net income up 49 percent. A few years ago someone tried a hostile takeover at $30 dollars a share. Now the stock is trading at $700. An incredible Iowa story.
That’s an amazing story. Any good articles about what actually happened with them? Did they become a meme stock or something?
Looks like their P/E ration is around mid 30s to low 40s, significantly higher than big tech companies.
Are they reorienting or expanding their business focus? Is that valuation sustainable?
they are expanding their territory. They have added two warehouses, one in Joplin and the other in Indiana, Terra Haute, maybe. I believe they have a pretty good business model. Their overhead is not as high as Kwik Star and they can fit into more towns that stores like Kwik store won't touch. They are one of the top pizza sellers in the U.S. Plus, they are selling more Caseys brand stuff which is cheaper for customers. As far as valuation, don't know if it's sustainable, but I dollar cost average when I can. With a 49% increase in net, they still have a little room to grow. The last two months, every Caseys I've been in is very busy. Don't have any articles to show. Long term employees are retiring with a 401K north of a $1 million.
seems expanding like mad and not investing in the stores already in service. some of the worst gas station experiences lately are old casey's
When Kwik Star came to the metro it changed my view on the gas station "experience".
Expanding, indeed. We never used to have a Casey's where I live, now there are four of them at last count, all within the span of the last 4 years. In some cases, they took over existing convenience stores and just changed the signage and modified the interior and in some cases, they built brand new buildings.
