Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
Hi @WABAC Mr. Peabody would express to be careful with TFLO, floating Treasuries at this point in time. Way hot as far as tech. indicators. 14 day RSI is about 97, which is way over bought; although this could travel further. I'm only expressing te…
Hi @Old_Joe et al I did a quick check and ASML was about $340/share at the end of October, 2022........same time frame that bonds began an upward move in pricing. A sell now is not a bad thing, eh? But, IMHO; remains at this point in time as a spec…
Thanks, Mark. For too many years I've pushed many I know to put a 'little' money, at the very least, into available 401k/403b's or a Roth. Don't try to be fancy, but learn along the way. Throw some money at a balanced fund.
The vast majority missed…
Thanks Lewis. We watched this show Sunday. A decent knowledge program for the unknowing of how these 'organizations' function or NOT. Housing 'police states'. Pretty sad commentary about the American society. Would surely keep us away from wanting t…
Thank you @yogibearbull
I didn't think there were any new 'magical' IRS regs about this long standing process. Apparently, these folks misread the IRS publication for what they thought they were allowed to do to establish the 'cost basis'. Hope the…
Hi @davidrmoran Thanks for the link. I was able to 'sneak in' to read the article. I didn't think the monies our households added would place such a big bump into Fido's MMKT funds. :)
From the article:
While government money market funds aren’t in…
HIATUS March 24, 2023. Too many items, for me, on the table, at this time. The daily posts here provide an ample amount of quality discussions regarding bonds and income related, to which; I can not add additional meaningful information. One has a l…
@yogibearbull
I recall 10-20 years back, that some 'stable value' choices found within 401k/403b plans may have contained ETN products; synthetic bonds, so to speak; as I named them.
--- The bonds in such a fund are sometimes called "wrapped" bond…
@Derf
If you're referring to the b-ball pieces here; then start a b-ball thread in OT. I made a brief remark to hank that I finished watching b-ball and then moving to Bloomberg for some of the evening and than again today/now; to help me assess the…
Bloomberg is mostly cerebral folks. Generally, they are not looking at a prompter when speaking and/or a conversation, unless they need current data. Take a peep at the bio of some these folks; as most have backgrounds listed. I'd like to have a we…
I fully enjoy college b-ball and now is March Madness time. Watched MSU move to the next round a few hours ago; but BBG is on the tv at this time for a bit. Won't attempt to digest much more of the business news tonight; and have an appointment mid-…
Bump, if one wants to watch markets again before Monday open.
After 5 pm, CST for FINVIZ , and for Global Indices, as their markets open around the globe.
Popular Global ETF's This list will populate changes at the U.S. market open.
@Baseball_Fan
Peter Thiel....Thiel is a self-described conservative libertarian, though more recently he has espoused support for national conservatism, and criticized economically liberal attitudes towards free trade and big tech. Reported that he…
ACCOLADES WEEK, March 13-17, 2023
Ongoing accolades for everyone writing in the MFO monthly commentaries. BUT, in particular for this past week, are very large accolades to everyone who spent a lot of time researching articles and information -as i…
MOVE chart at Google Finance starting Oct. 2019
I've followed MOVE for some time and still don't find or know what it shows for me to be of use. I understand the index is a bond reference, not unlike VIX for equity volatility. Probably just me to f…
Morning @msf
I'm on the go this morning (away from the house,not enough time) and not familiar with Schwab MMFT's. I will presume that the outflows you mention are due to the non-Treasury holdings being a larger percentage vs their other MMKT's that…
Hi @AndyJ I just looked at the 1yr UST, in particular, and from March 8 (Wednesday) through today, March 13 (Monday) finds a -18.1% yield drop. One heck of a swing for UST yield in a short time frame.
The walk will help the mind, during this 'dust settling' period. I'd walk a bit too, but we had another 2 inches of snow overnight and snowing now with a wind chill of about 20 degrees. Looking out the window will be it, for now.
@AndyJ Knowing the yields dropped in very large basis points, Friday and again, so far today; the yield chart link included in this last post will provide quite the 'view' when updated after the market close today (Monday).
@hank
Taking periodic looks at the ETF link in this thread to watch which sectors are moving which way.
Schwab was down about 20% for a bit this morning, and ballpark about -35% for the past 5 days.
Staying put with our stuff, at 50% equity (most…
@hank With a lot of threads today, tis like reading a short book here.
I'll add this back from a previous post regarding the 2008 TARP program.
Note: these 'loans' did carry interest and was expected to be repaid to the Treasury. The Treasury di…
Thanks @Old_Joe From the write: 'Fed officials declined to provide a specific figure for the size of that new loan program, but made clear it would be large enough to cover trillions of dollars in potential requests.' Really, trillions ???
So, a …
Popular Global ETF's as they trade. Ranging from equity to currency. I've also added this to the original post, so that one has 3 decent market views in one location.
Hi @larryB Thank you for that indicator. I've not looked at that board for a long time.
'Course, we don't know what it may mean, but 'redline' is a decent term.
Hi OJ, Not to answer your question, but I remain curious about why the Treasury couldn't (regs) or wouldn't provide a 'temp' bailout/backstop. Perhaps there is fear of setting a precedent. This is very complex without doubt.
As to part of what you …
Related from early Friday after the FDIC seizure:
Former Treasury Secretary Lawrence Summers warned that there will be “severe” consequences for the innovation sector of the US economy if regulators don’t smoothly work out the collapse of Silicon …
