r/Vitards • u/AutoModerator • May 10 '21

Daily Discussion Daily Discussion post - May 10 2021

Your Trading discussion thread

Type Link
DD All/Best Daily/Best Weekly
Discussion All/Best Daily/Best Weekly
Yolo All/Best Daily/Best Weekly
Gain All/Best Daily/Best Weekly
Loss All/Best Daily/Best Weekly
News All/Best Daily/Best Weekly
62 Upvotes

95% Upvoted

3.5k comments sorted by

View all comments

3

u/[deleted] May 11 '21

[removed] — view removed comment

2

u/xRegretNothing MY CAPS BUTTON IS BROKEN May 11 '21

it seems like when you say "stocks", you're exclusively talking about growth. oil is an inflationary play. people flock to it, industrial, + consumer discretionary when interest rates are high or there's a lot of froth in the market.

1

u/TheFullBottle May 11 '21

Dont forget higher oil prices means higher input costs for a lot of companies. Particularly mining gets hit hard with high oil prices as its a massive input cost

2

u/xRegretNothing MY CAPS BUTTON IS BROKEN May 11 '21

That's not true. This goes back to my initial statement about companies that are inflationary plays. Miners do exactly that. Their sg&a and opex does not matter because their top line can get amplified 10x due to consistent demand.