I will certainly look at other options for basic portfolio monitoring before I pay $250. Another thing is if I do not use M* for portfolio stuff I will have no need to visit the site. Self defeating IMO.

Nice to have advance warning.NOT. Where will we go to keep the data as I have many watch portfolios. New M* is $250 year.

For the week ending on 6/15/22, Sentiment was extremely negative: Bearish remained the top sentiment (58.3%; very high) & bullish remained the bottom sentiment (19.4%; very low); neutral remained the middle sentiment (22.2%; near average); Bull-Bear Spread was -38.9% (very low). Investor concerns included high inflation & supply-chain disruptions; the Fed (+75 bps hike was "leaked" to WSJ on Monday; expect more 50-75 bps hikes); market volatility (VIX, VXN, MOVE); Russia-Ukraine war (16+ weeks; no longer in headlines). For the Survey week (Thursday-Wednesday), stocks, bonds, oil, gold were all down, dollar was up. #AAII #Sentiment #Markets
https://ybbpersonalfinance.proboards.com/thread/141/aaii-sentiment-survey-weekly?page=6&scrollTo=667

Sorry, but PQTIX lost 1.70% today.
But, PGAGX - PGIM Wadhwani Systematic Absolute Return Fund gained 0.66%! PGAGX, a fairly new fund, is currently on my watch list. Looking for lower volatility funds in this category. So far, so good.
According to the Financial Times, the investment objective of the related UK fund is to seek a positive return on capital while simultaneously attempting to limit the risk of capital loss using a multi-faceted risk management. PGAGX intends to achieve its investment objective through investment in financial markets globally, gaining exposure through the use of financial derivative instruments to currencies (through forward foreign exchange contracts), fixed income securities (through bond futures) and equity securities (through equity index futures and equity index swaps) or by investing directly in equities.
Per M*, the manager, Dr. Sushil Wadhwani, CBE, is the Chief Investment Officer for QMAW, originally founded as Wadhwani Asset Management in October 2002. Prior to joining QMA, Sushil served as the Founder and Chief Executive Officer of Wadhwani Asset Management. He was formerly a full-time member of the Monetary Policy Committee at the Bank of England from 1999 to 2002. Prior to this, his roles included director of research, head of systems trading and partner at the Tudor Group, and director of equity strategy at Goldman Sachs International Ltd, and as an academic economist at the London School of Economics. He has over 25 years of quantitative modelling experience and runs a high calibre team of quantitative and qualitative research analysts...
Fred

https://www.google.com/amp/s/www.marketwatch.com/amp/story/those-who-buy-stocks-the-day-after-the-s-p-500-enters-a-bear-market-have-made-an-average-of-22-7-in-12-months-11655224023
Those who buy stocks the day the S&P 500 enters a bear market have made an average of 22% following year
***
Good information, traders: Wall Street is holding a sale, providing shares at 20% off!
You’re not ? That simply means you solely discuss the speak about being a contrarian investor, however don’t stroll the stroll. Now’s your likelihood to purchase when the blood is operating within the streets, as that well-known contrarian Nathan Rothschild as soon as stated.
If you have been keen to purchase shares in the beginning of the yr, when the S&P 500
SPX,
-0.48%
was 20% greater, why aren’t you much more keen now?
To provide help to reside as much as your contrarian bona fides, I analyzed how you’ll have achieved if, in each bear market since World War II, you acquire shares on the day the S&P 500 closes beneath the 20% loss threshold. Sometimes that day got here close to the tip of the bear market, and in different circumstances the market continued falling earlier than finally turning up. But on common you’ll have achieved very properly.***
Hello
Few days ago ust10 yr usdollar, commodities at all time high, RSI >80s
Imho maybe very close bottom
Maybe good ideas to unload these and consider buying more equities dca slowly in

That means the FED rate will exceed 3.0 to 3.5% by year end. By the way, Canada is aiming to hike by 75 bps next week as US.

CME FedWatch is indicating 75-50-50-25 bps hikes for 2022. But as Powell said, nothing is for sure and things may change.

Some excellent commentary/analysis on the curent crypto shennanigans by BBG's Matt Levine:
https://www.bloomberg.com/opinion/articles/2022-06-15/crypto-debt-can-be-trouble

The fed fund rate was raised by +75 bps (+0.75%) to 1.50-1.75% range & more 50-75 bps increases are coming; the QT is continuing as previously announced. The interest paid on reserves held at the Fed are now 1.65%; the discount/primary rate is 1.75%. The labor market remains strong & inflation data have surprised to the upside. Fed's goals are positive real rates & taming consumer demand because many other factors are out of Fed's control (global commodity prices, Russia-Ukraine war, Covid-19 issues in China). Headline inflation is what the public & the Congress care about, but the core inflation is more meaningful for the Fed to adjust monetary policy. Changing inflation-expectations via forward guidance is working as intended but the Fed is not locked into its previous guidance (so, it isn't bothered by "misses") & looks at the incoming data (current retail sales & housing data, UM Sentiment, etc) & some of it came during the blackout week this time.
https://ybbpersonalfinance.proboards.com/thread/158/fomc-statements-6-7-weeks?page=1&scrollTo=665

ECB follow up https://www.marketwatch.com/story/italian-bond-yields-dive-and-euro-climbs-as-ecb-announces-emergency-meeting-on-market-conditions-11655276116?siteid=yhoof2

I may be “whistling in the graveyard.” But, when I see PRWCX (no matter who the manager) off 15+% YTD, it gives me hope the broader equity indexes are near half-way down to their maximum losses. Check ‘07-09. I think the fund’s around 50% of the way to its losses back than. Could be wrong. Maybe we’re looking at the 1930s again. But I don’t think so. On the other hand, I think inflation is here to stay. Probably OT - Just responding to Sven’s comment comment.

S&P500 is up 1.3% on Wednesday morning. Will see later what % the rate hike is. Many traders are leaning toward 75 bps.
Wonder if the rate hike will improve the already bearish investor sentiment?

Is 7% coming soon?!.....

The average rate on the popular 30-year fixed mortgage rose 10 basis points to 6.28% Tuesday, according to Mortgage News Daily.
The rate was 5.55% one week ago.
The drastic rate jump this week is the worst since the so-called taper tantrum in July 2013, when investors sent Treasury yields soaring after the Fed said it would slow down its purchases of the bonds.

6.28%
Also, a city by city chart showing mortgage payment increases since January 1:
US mortgage payments are on the rise

Managed-futures funds are supposed to latch on to some trend, up or down, to make money. But as far as stocks/SP500 is concerned, PQTIX has been NEGATIVELY correlated. This is seen in the ratio chart of PQTIX:SPY; the bottom panels show PQTIX and SPX. In a ratio chart, down-trend means underperformance, up-trend means outperformance, flat means in-line performance. Timeframe used is 5 yrs but may default to 1 yr later.
So, PQTIX bet has been on other markets outperforming the SP500 and that has only worked recently. I held it for several years but dumped it (prematurely) before its recent spurt. In general, I have been disappointed with both managed-futures and long-short funds.
https://stockcharts.com/h-sc/ui?s=PQTIX:SPY&p=D&yr=5&mn=0&dy=0&id=p09370989141

The ECB is meeting to discuss widening credit spreads, mainly the Italian vs German sovereign bond spreads. Credit spreads in the US have gone up too and here is a look at the HY spreads from FRED,
https://fred.stlouisfed.org/graph/?g=QB0c
ECB News https://www.cnbc.com/2022/06/15/european-central-bank-last-minute-meeting-to-look-at-market-conditions.html

Once upon a time there was a fund company that offered 1.25x funds, figuring the relatively low multiplier might hit a happy medium between increased returns on good days and the adverse cumulative effects ("beta decay") of leverage in volatile markets.
It was called Potomac Funds. Here's their paper on the 1.25 approach.
https://web.archive.org/web/20050518025112/http://www.potomacfunds.com/data/125_approach.pdf
The company didn't succeed and in 2006 decided to change direction (Direxion). Instead of offering the least leveraged funds in the industry, it would offer the most leveraged at the time (2.5x).
https://www.fa-mag.com/news/article-192.html?issue=70
It seems that wasn't enough. So in 2008 it launched a series of 3x ETFs (including inverse 3X).
https://www.etf.com/sections/features/5063-direxion-exec-offers-three-times-the-leverage.html?nopaging=1
Direxion even tried selling a 1X bear energy ETF (ERYY), but that lasted only between early 2016 and late 2017. And its clean energy ETFs were never launched.
In addition to changing from conservative (1.25) to ultra, hyper leverage (3x), Direxion tried yet another path. (No, not ETNs, that would be iPath.) It offers leveraged funds that rebalance monthly rather than daily. This is another approach to providing leverage while reducing the problem of daily beta decay. Monthly rebalancing still doesn't work for long term investors, but might work in the intermediate term.
From the Journal of Accountancy, Daily vs. monthly rebalanced leveraged funds

Several academic studies have also pointed out how these [daily rebalanced] leveraged fund’s multiples decay over time [citations omitted]. The message apparently has been received as the implied holding period for most of these funds is now less than a week. The overriding conclusion is that even under ideal conditions, holding daily rebalanced leveraged funds beyond a few months will almost certainly lead to disappointment in terms of maintaining the leverage ratio.
In answer to this drawback, Direxion changed their daily leveraged mutual funds to monthly leveraged funds in September of 2009. [Their OEFs are rebalanced monthly, their ETFs daily.]
...
When the market is relatively volatile, both daily and monthly leveraged funds will likely underperform just holding the underlying index. Thus, even monthly leveraged funds should not be considered for the typical buy and hold investor. For intermediate-term or active investors, monthly leveraged funds do have added value and are a nice alternative to daily leveraged funds.

https://www.aabri.com/manuscripts/10676.pdf
https://www.direxion.com/mutual-funds

It is doing exceptionally well, but pay attention to the returns for each calendar year from 2015 to 2019: https://morningstar.com/funds/xnas/pqtix/quote This fund does well when managed futures funds do well and they usually need definitive trends in capital markets to do so. They hop on the trend up or down and ride it like a surfer. A small allocation can make sense, but probably not too much.

With .75, I think the market rallies, at least short-run. With 1%, look for a strong rally. Anything less than .75, the market tanks more.

Not too bad considering its Fidelity and Vanguard peers are down a good bit more:l
TRAIX (I class of PRWCX) (14.95%)
FBALX (19.09%)
FPURX (17.36%)
VWENX (17.55%)
and outperforming S&P 500 substantially

DODBX is down 10.56% YTD (lags farther out). I’ve got $$ in both.
There’s a lot of ways to slice & dice it. As I recall PRWCX lost 28% in all of 2008, so it’s already down more than 50% of that loss in 5.5 months. Arguably, things were much worse in 2008. There’s some swagger with Giroux. So I like to nit-pick his management a bit. D&C employs more of a team approach. Giroux did predict in the

Barron’s year-end “round-table” that the 10-year wouldn’t finish the year above 2.5%. Made quite a point of it. Ahh … We’ll see on that one. And griping about Amazon’s management hardly seems becoming of someone with all his supposed talent. Man-up. You went overboard / overweight on one of your worst picks! More humble managers would say as much.

Yes, DODBX is outperforming ytd, but over 3 and 5 years. TRAIX has considerably outperformed, especially over the last 5 years, per Morningstar.:
DODBX 3yr. 7.99%. 5 yr. 7.01%
TRAIX. 3yr. 8.80% 5 yr. 9.66%