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.
Also don't forget that when a fund manager publicly offers a prediction, they've probably already made their move to prepare, so people acting on their words in the media may not be as 'timely' positioned as they think.
https://www.cnn.com/2025/01/26/politics/colombia-tariffs-trump-deportation-flights/index.html#:~:text=On Thursday, the US returned migrants to Guatemala using military planes.&text=The US is also asking,for the country last week.
Bold added…
FOTUS just sacked over a dozen agency inspector generals (ie, the independent watchdogs) in a shocking late-night Friday massacre.....including some that HE appointed the last time.
So yeah, I do think the next 4 years are going to be as bad as peo…
My utes are holding up and/or rising ... my renewables are falling, most likely a kneejerk reaction to FOTUS' decrees on 'dirty' energy this week. (Might be a good long-term buying opportunity, though.)
I would think that companies with existing …
Interesting, if they can pull it off. The .69 ER isn't too bad, either.
More of their bitcoin-protected funds @
https://www.calamos.com/capabilities/protected-bitcoin-etfs/
If it costs more for a vehicle built in Japan or China (due to tariffs), won’t companies who build similar vehicles domestically just raise their prices to compete? Why would domestic manufacturers not raise their prices to whatever the market wil…
WH website has them as they come out...
https://www.whitehouse.gov/news/
Futures were swinging around quite a bit this evening, nothing major yet.
Glad they seem to be looking at *targeted* tariffs and not a blanket one for everything as he wa…
Resting 500s starter position in AMLP filled this afternoon. Happy to add more as appropriate.
That fund and related holdings have had a nice run over the last 4 years. Quite the chart. I've got to think the trend is your friend absent a black swa…
@rforno : Just a bit longer than over night ?
The order fired overnight (either last night or early this morning, didin't check) ... sorry for confusion held position for many months.
Sold TRP for a 33% gain overnight. Will buy it back once the nonsense between Orangina and Canada over tarrifs gets worked out. (Also why I'm holding off buying PAGP since they've got large cross-border exposure.)
Planning to buy MPLX at some po…
My K-1 divs are tax free, too. Should it be that way? I've always had questions about the ins-and-outs of the tax code. Arcane, complicated, silly.
If you refer to MLP distributions, they're tax-deferred since they reduce your basis over time. Once…
@rforno: I can't locate any info on that UTG 60% ROC. Do you have a source?
If you like the sector and the managers take a look at UTES. However if it's the income you were after don't bother. DNP might be an income source.
Their 19(a) filing from …
Sold my starter position in UTG for tiny profit. Didn't want to, but a sudden 60% in ROC after a long period of relatively little was something worth noting.
"If you're first out the door, that's not called panicking."
- John Tuld, 'Margin Call'
Sold NVO for miniscule gain ahead of the coronation, having had second thoughts about imported stuff for the time being.
Opened starter position in AES as a global renewable/independent power producer with every intention of buying more lower.
But I was liking my little HELO ETF, cutesy ticker and all. You guys are ruining it for me.
I'm waiting for a strategic-quintuple-leveraged-options-tactical-overlay-monthly-reset-buffered ETF be rolled out with the ticker 'SUKR.' ;)
@rforno -- you think? Who doesn't love a good carnival of silliness?
Probably those who buy them and then sell for a loss ... if they put 2 and 2 together to realise they weren't such great instruments after all.
I've only seen one investing strategy (not mine) work well using complex ETFs ... in this case, levered bull small/mid/QQQ ETFs. And in 2024, those 2-3x ETFs are 'quaint' (and probably safer) than some of the insane Rube-Goldberg-esque garbage bein…
rforno, Apologies for not acknowledging you sooner. When I read articles I skip over names and titles. If I did not, I would have asked you if it was you.
(Being technology illiterate) I also do not click on links I do not recognize and hence, d…
I oversee a cybersecurity graduate program and related research institute - was quoted in that BBC article you posted the other day about the Treasury hack, actually :)
(back to Buy/Sell now!)
Order placed on a zero-cost protective options colla…
Rick, Why did you decide not to become a dual (Aussie + US) citizen? Australia would have happily given you a permanent residency under their point system. It is a nice place to retire if you have access to it.
I know a couple of Aussies who move…
Planned early January annual chunk taken from the portfolio. This year, it's bigger: sending the (foreign) niece to go to school (and eventually permanent immigration) in Australia. Nice to be able to do it. The satisfaction is worth more than the m…
Related to UST volatilities, this is a wee bit concerning (not cyber-related) ... the traditional 'money center' banks are not as active in the UST markets as private trading houses, which are more concerned w/short-term than long-term and/or stabi…
Without going into details (I'm tired!) digital supply chain attacks like this are increasing in popularity and severity..... and it's not an 'easy' thing to address. (Well, it IS easy, but nobody wants to do it.)
Closing out big position in ASGI. Love the income, but the recent spike in ROC is concerning ... which could be related to the fund assimilating MFD this fall, but I'd prefer to watch it for a while and perhaps move the $$ elsewhere.
Can anyone tell me or explain why it's so important for the bond market to be open that day? Or any of the days it remains open when the stock market is closed? I've never understood it.
Probably because much of the world economy is based on Treasur…
FYI the major holdings of PRCS (Parnassus Core Select ETF) line up fairly well vs its flagship PRBLX/PRILX. Sure, while .58 may be high for an ETF, it's better than .82 for PRBLX, at least you will get daily visibility into its holdings vs only mon…
Not meaning to further hijack the thread but yesterday I just lit up a trial of a mm-Wave 5G internet service here in NoVA. 500+ down and 100+ up for $45. If after 30 days I decide to switch back to my 300/300 FIOS (roughly same price), I can jus…
Exited SOBO (spinoff from TRP) as part of EOY portfolio rejiggering.
Bought 250 NVO on the massive plunge today. Will be a candidate to add on lower prices over time.
Just in case you had any doubt as to what Orangina's priorities are here....this morning he's totally down with shuting the government down "on Biden's watch" to get his way.
Sure -- because he wants the elimination of the debt ceiling now to allow…
IMO 2016-20 was a preview of 2025-2029 and had various guardrails around this town to help mitigate things a bit .... but if you thought it was crazy bad before, you probably ain't seen nothin' yet.