Added more SPY today
major indexes trying form head-and-shoulder (little reversal) , moving above 50 days MA, maybe slow moon shots sp500 200 days MA ~4100.

Hi@Derf et al
A bond plan: Ah, yes. When rates begin to subside. So, I/we have to think we know and can witness as a meaningful shift and one that has legs, that will travel for more than 3 months. A tough task, yes?
The "immaculate" bond plan is: Maintain our cash in FZDXX MM at 3% and then attempt to catch a wave with investment grade bonds; buying at enough of a depressed price to make the money on the price ride upward. A purchase would likely be a dollar cost average, barring some type of special financial event. At this point, the bond purchase would be AGG, bond etf.
I feel the CD plans discussed have full merit and are a good plan, too. If I traveled that path, I would keep 6 month and/or 1 year laddered combo. I am not convinced the FED can keep pushing rates for more than 1 more year without causing too much economic damage, high inflation or not; which for the most part they can not control, due to conditions beyond their control (being political, war and climate). If rates continue to climb, we'll have a continued higher yield with FDZXX MM.
As to the below. I watch several different bond types for movements related to yields. These 2 below have traders involved, for the most part, versus the average retail investor. They have distinct price actions that I've followed for several years. I'll be watching these 2 for clues, too.
And, as important; is that I am able to dedicate time to research and view Bloomberg. Yes, one can learn from tv programs.
The first two TBT and TMF are M* links, if you want to look. They will link to "quote", but you may select any of the other tabs for other data. The third is the relationship, of the two, to interest rate changes.
TBT Ultra Short 20 + YearTreasury
TMF Bull 3X 20+ Year Treasury
TBT vs TMF chart Starting Jan. 2020 to date.
Sleep time here,
Catch

Right now 12 month CD is near the “sweet spot” on the yield curve and it flattens out beyond that. 2 year CD paying 4.8% is too long for me. I prefer buying several 1-yr CDs every 1-2 months apart so to build a staggered ladder. That would ensure to catch higher yields when they come along but allow me to exit easier with the shorter maturity. There are Nov and Dec’s FOMC meeting coming. Rates are likely go higher.
Hopefully inflation starts to slow or even to decline next year, and the rate may come down again.

Xi is reining in control on private sector now that he consolidated power after their election. Watch out. Alibaba lost 14% this morning. China represents over 33% of VWO.
Andrew Foster of Seafarer funds asked once, is China investable?

Rishi Sunak is heading to be the next PM. Question is what would he do differently from Truss’s policy ?
https://reuters.com/world/uk/what-is-rishi-sunaks-solution-britains-problems-2022-10-24/

https://www.google.com/amp/s/www.marketwatch.com/amp/story/hong-kong-stocks-suffer-worst-single-day-rout-since-2008-as-xi-consolidates-power-11666596592
Hong Kong stocks suffered their worst single session since the 2008 financial crisis after Chinese leader Xi over powered to maintain control
Anyone buying china etf Yinn or FXI

Is this a tip of something bigger to come?
https://itworldcanada.com/article/layoffs-hit-intel-microsoft-oracle-and-more/509178

Keep in mind that the 30-day SEC yield is the PROSPECTIVE yield (one in the bush) and it crazy good due to a historic selloff in the bond market (worse for global bonds). Off course, strong dollar piles up on that negative return.
https://ybbpersonalfinance.proboards.com/thread/10/fund-yields?page=1&scrollTo=705

BAC - 24% YTD
APPL - 19% YTD
BRK - 12& YTD
Does diversification work ? Looks like over YTD it does.
Have a good day, Derf

Also remember how BRK acquired shares of BAC
bank-america-become-one-warren

Buffett ended up investing $5 billion in preferred Bank of America stock redeemable at a 5% premium and paying a 5% annual dividend. In addition, Buffett received warrants to buy 700 million shares of Bank of America common stock at a price of $7.14 anytime within the next 10 years.
Right off the bat, Buffett was earning $300 million per year in dividends from his preferred shares. He waited until 2017 to exercise the warrants to buy shares of common stock at the $7.14 price. By the end of 2017, those shares were worth $20 billion, three times the size of his initial investment.
At the time of the Buffett bailout, Bank of America shares were trading at around $7.65. By late 2012, Bank of America was trading back above $10. After a volatile decade of trading, Bank of America hit its post-Great Recession high of $35.72 in December 2019.
BofA In 2020, Beyond: Bank of America shares dropped to $17.95 in March during the coronavirus sell-off, but have since recovered to above $27.
Buffett has made a fortune on his initial investment, but he's still buying the stock. In the third quarter alone, Buffett added 85 million shares to his stake, which is now valued at about $24.3 billion.
Bank of America investors who bought the day of the Buffett investment back in 2011 didn’t get the same sweet deal Buffett got, but they’ve still done pretty well over the years.
In fact, $1,000 worth of Bank of America stock bought on the day of the Buffett investment in 2011 would be worth about $4,081 today, assuming reinvested dividends.

Frontier Market bonds. I've seen the portfolio, and it's full of sovereigns. Crazy good current SEC yield: 17.31% and TTM yield = 10.47.
It certainly is beaten down in terms of share price, especially since the Powell rise in interest rates. I'm supposing it's USD stuff, not local currency. I've been keeping my eye on this little booger for over a year, now. AGEPX.

BAC - 24% YTD
APPL - 19% YTD
BRK - 12& YTD
Does diversification work ? Looks like over YTD it does.
Have a good day, Derf

@sma3: +1.

10/22 Episode:

Clements will give us his perspective on the much-changed financial climate we find ourselves in and offer portfolio and financial planning adjustments for rising interest rates and inflation.

Yeah but it’s move just started yesterday really. Still a good price I think. Giroux was recommending NXPI at $161. Earnings are coming up in next week or so so we’ll see. A lot of negativity baked in. Of course this is just my opinion … not a recommendation.

Current Barron's has a Q&A with David Hero. LINK1 LINK2
David HERO, Harris (international CIO; OAKIX). There are attractive values in EUROPE and CHINA (several big Chinese companies have dual-listed in the US and HK). Rising dollar is a headwind for international investing. ENERGY crisis in Europe is hurting big companies while smaller companies are getting relief. Some of these stocks are near their March 2009 and March 2020 valuations. European banks and German autos are very cheap. Several euro-zone countries are having troubles. European unemployment is low.

Sven nailed it...Financials. Oakmark, as a firm, typically has a higher allocation to Financial Stocks in most of it's funds. That hasn't been the best sector over the past decade and can be impacted by rising interest rates. Also, OAKIX is overweight Cons Cyclicals buy 17% realtive the index.
As far as the GOLD rating...M* has a unique criteria and I'm not using that to make investment choices. They love Oakmark, most of us found better performing, lower cost alternatives to OAKIX!

Oct. 21, '22:
https://wealthtrack.com/portfolio-financial-planning-adjustments-for-rising-interest-rates-inflation/

21st October, '22:

@rforno - CHSCN ( 7.10%) actually got down to $23.80 today but closed at $24.31. I'm not understanding why they're selling off when they usually trade at a premium to par.

21st October, 2022: