FCC sold those C-band frequencies/spectrum (3.70-3.98 GHz) for $80+ billion. So, the FCC, and the companies who bought that spectrum (mostly T, VZ), want to push ahead; T-Mobile uses a different part of mid-band for its 5G. They are throwing stuff like "C-band is used in Europe without any issues" but C-band is wide and the devil is in the details. The issue is the specific US C-band frequencies used that are too close to those used in airplane instrumentations. The FAA has been in the loop, but many airlines have been blindsighted. Getting emergency alerts from Boeing & Airbus that some planes shouldn't fly in active 5G zones doesn't help. Not every airline has extra planes sitting around to tinker with the route, especially long haul routes.

Howdy folks,
So typically government. How many years ago did they auction off the spectrum? Duh.
That said, I favor 5G over the airlines. It's more important. Sorry, but we've morphed from transportation to communication. Think about it. It's a continuum. Albeit moving goods and moving busses of data.
I also don't believe the airlines. They're not having issues overseas AND these are the peeps who lied to us for what? 10? 15? years over cellphones in planes.
Nah, roll it out completely. It's more important.
and so it goes,
peace and wear the damn mask,
rono

Many airlines are canceling flights due to an unexpected 5G issue (not Omicron, not weather) - the US C-band (3.70-3.98 GHz; part of the mid-band) that just turned on can cause interference with plane instrumentations (nearby 4+ GHz used) & some airlines don't want to take chances with the US flights; it is an issue to be settled among the FAA, FCC, airline industry & White House. Telecom commercial interests & public safety issues have to be balanced - how did things get this far without resolution?

This is an issues for Russell 2000 as well as the completion/extended-market indexes. Almost 35-40% companies in these indexes are unprofitable (no earning or no revenues). Refining these indexes into growth & value doesn't solve this basic issue of no selectivity. There is a related thread,
https://www.mutualfundobserver.com/discuss/discussion/59090/small-cap-growth-indexes-issues#latest

Perfect:
https://www.cnn.com/2022/01/19/tech/airlines-5g-flights-canceled-explainer/index.html

Jason Zweig, WSJ
THE INTELLIGENT INVESTOR
"What the Hell, It Is Going Up Anyway"
"My column last weekend, How a Flood of Money Swamped Cathie Wood's ARK, looked at how the billions that poured into the ARK funds might have impaired their returns.
That's an old story, of course. Money has always chased past performance.
Imagine a $100 million fund. It puts $5 million, or 5% of its assets, into a stock that has a total market value of $100 million. If it doubles, the fund gains 10%.
Now say the fund has grown to $10 billion. If it puts $5 million into a stock, that’s only 0.05% of the fund’s assets. Such a teeny holding will have to go up 200-fold to contribute 10% to your return. If the manager wants to make a big bet, it takes $500 million now to put 5% of the fund into one stock -- larger than the entire market value of many smaller companies.
You aren't the same person now as when you were a little kid. Why would you expect a fund to be?
Yet all too many people do. No wonder they buy high and sell low: They are extrapolating an unsustainable past."
So Cathie Woods bought into Tesla and the stock went ballistic putting ARKK on an unsustainable trajectory. So I know, lets attack her credibility, her investing acumen and methods, her personal beliefs, whatever we can think of including shorting her fund. We do that with all the fund managers when we lose our ass chasing performance don't we? It's good to be king. Wasn't ever our own personal faults or bad investing decisions. Too bad you can't close an ETF like you can a mutual fund. At least I don't think you can.

CTFAX, Columbia Thermostat Fund, should have adjusted/increased equities as follows:

Should be up to 25% equities, from 10%.
Rick

@Rick, I don't follow. Your link takes me to the same allocation table they've had on the site since last May, showing the same 10-90 allocation, and that it would take an S&P 500 below 3600 to get them up to 25% equity.
Is there a new table somewhere? If there is, I can't find it on their site.

T. Rowe Price was the second largest holder of DKNG as of the end of September (behind Vanguard) https://www.holdingschannel.com/institutional/holders-of-dkng/
-
Interesting snippet on Wood’s troubles https://seekingalpha.com/news/3788991-cathie-woods-arkk-closes-at-an-18-month-low-as-all-its-holdings-end-negatively
“Cathie Wood's troubles continue as ARKK experienced its most significant one day of capital outflows in 10-months last week, totaling $352M.”

It wouldn't surprise me if many of the investors who recently exited ARKK got in near the top.
Those investors would not have profited from the fund's spectacular 2017 or 2020 gains.

T. Rowe Price was the second largest holder of DKNG as of the end of September (behind Vanguard) https://www.holdingschannel.com/institutional/holders-of-dkng/
-
Interesting snippet on Wood’s troubles https://seekingalpha.com/news/3788991-cathie-woods-arkk-closes-at-an-18-month-low-as-all-its-holdings-end-negatively
“Cathie Wood's troubles continue as ARKK experienced its most significant one day of capital outflows in 10-months last week, totaling $352M.”

We are inundated here in SE MI by TV ads for several online sports books. All of them appear to offer “risk free” wagers to the newcomer. The fine print at the end of the ad gives a phone number for those who have a problem with gambling.

FWIW saying at least for now, the NFL is restricting betting app ads to like 6 per 3-hour game. They're NOWHERE as annoying as State Farm or Verizon ads this season, for sure.
By contrast, a few years ago, the last 5 minutes and first 30 minutes or so of games were filled with back-to-back-to-back Draftking or Fanduel ads.

Sure: https://nbcnews.com/news/us-news/sports-betting-skyrocketed-pandemic-experts-warn-ticking-time-bomb-n1266518

And the roughly 27 million Medicare Advantage enrollees, who receive Medicare coverage through private insurers, must check with their carriers if they will pick up the tab
IOW, for these private insurers, nothing¹ has changed. Before Jan 15, they like all private insurers could voluntarily pick up the tab², but didn't. And after Jan 14, they could still pick up the tab, but don't. At least I haven't found one that does. So far, I've checked Humana, UnitedHealthcare, and Aetna.
¹ Technically there was a change even for these insurers: their exposure after Jan 14th could be limited to $12/test should they voluntarily add coverage.
² "Insurers can, but are not required to, reimburse enrollees for OTC COVID-19 tests purchased prior to January 15."
Source for both footnotes: HealthAffairs.org. Excellent article with links to government releases.
Covid-19 has been a bonanza for health care providers. That's why the $12 cap was imposed. Testing labs are not subject to caps. By not covering home tests, the government (original Medicare, Medicaid) and private insurers (Medicare Advantage) wind up more likely to be gouged. Penny wise and pound foolish.
Consumer Reports: "U.S. rules allow labs to charge whatever they want for tests"
https://www.consumerreports.org/covid-19/how-much-should-it-cost-to-get-tested-for-covid-19-a1011758904/

CTFAX, Columbia Thermostat Fund, should have adjusted/increased equities as follows:

Should be up to 25% equities, from 10%.
Rick

For those waiting on better valuations to buy Equities, at what point would you be a serious Buyer? Do you have a specific plan in place?
What about Bonds (yeah, what about Bonds) - are any type/class of bonds worth holding in 2022?
Current S&P 500 PE Ratio: 25.85
Mean: 15.96
Median: 14.88

If you are on the sidelines congrats. Don’t see much fear in this market just everyone wanting to buy the dips. A lot of complacency. I guess that is what the past twelve years have conditioned investors to do. Should we actually get something more than a garden variety correction ala late 2018 and February/March 2020 would use a Zweig momentum buy signal to get back in. Worked like a charm after those two brief sell offs as well as the longer bear of 2008.
As for bonds the scary consensus is buy floating rate/bank loan funds as they are the place to be during periods of rising short term rates. Can’t argue with that ( and I have an allocation there) other than it seems a bit too pat and overwhelmingly embraced. If you get a really bad bear market in stocks/junk bonds, the floating rate/bank loan category will not protect you,

For those waiting on better valuations to buy Equities, at what point would you be a serious Buyer? Do you have a specific plan in place?
What about Bonds (yeah, what about Bonds) - are any type/class of bonds worth holding in 2022?
Current S&P 500 PE Ratio: 25.85
Mean: 15.96
Median: 14.88

What are your thoughts on live odds ?
I figure it gives me a chance to lose more than once!

The odds change continuously on the DKNG app. That’s what makes it so entertaining. If a game is completely out of hand or near the end, the live odds / betting are suspended.
So yes. You can continue to throw money at the faltering team of your choice during the contest just as you can try to catch a “falling knife” investing. You can “sell” one position for cash and than “buy” a new position on the other team anytime during the live contest. This allows you to loose money on both teams during the same contest. Just as you can loose money on more than one stock or mutual fund on any given day.
:)
DKNG: at $22.50 today. I guess that’s about a 70% drop from 12 month high of around $75.00
Another way to put it … Today you can buy 3X as many shares for the same amount of money as you would have 10 months ago, and have some change left over.
PS - Great game between Wisconsin and Northwestern last evening. A Wisconsin player sunk a 3 pointer from the other end of the court with a second remaining on the clock in the first half. Check it out.

I think that there is a government order/guideline for all health insurers to cover up tp 8 home tests for free after January 15. Insurers are rolling out implementations - whether by reimbursements or through regular plan coverage. All receipts should be saved for home tests purchased after January 15; prior home tests not covered.
This is in addition to the 4 free home test kits that can be ordered through the post office.
These home tests have 70-90% accuracy, and a negative test doesn't mean that one is in the clear. Also, multiple tests are better than single tests.

Derf, I don't post anywhere what I own or trade, sorry.
Generally, I own, in the last several years, only 2-3 funds. See (link).
Today I was down just -0.02%(it's the correct figure).

2022 YTD Damage
With the selloff today, 1/18/22, Nasdaq Comp closed below 200-dMA. SP500, DJIA, DJ Transports are below 50-dMA. R2000 has been mostly below 200-dMA in 2022. Only DJ Utilities are barely holding above 50-dMA. These are seen in individual Stockcharts (not shown). However, all are shown below YTD in the link (reset to YTD) and chart below.
https://stockcharts.com/h-perf/ui?s=$SPX&compare=$COMPQ,$INDU,$TRAN,IWM&id=p31099096152

VCMDX One of few survivors for the day. UP .35%
@FD1000 , what % of portfolio do you own ?