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There’s ALOT riding on this fridays jobs report. As long as the numbers are over 125k, things should be okay. If they fall below 100k we are in deep doo-doo!
There's ALWAYS 'a lot' riding on the jobs report, CPI, PCE, PCM, CPI, ISM, etc.....and it…
So how's the super business jenius & cosplaying engineering CEO doing?
WaPo today: "Since late last year, Fidelity has consistently valued the X stake in one of its funds 70 percent below the purchase price, a drop in valuation first reported …
Blind rubes? Why the venom? Can’t we keep things civilized with those we disagree with without having to resort to name calling?
Sure, that was political. Sorry. However, fwiw saying I'd say something similar about people who rushed into buying VI…
Since so many of his cult rubes bought into this as a way of showing blind support for him, one must consider that by dumping his shares and driving down the price, he'd be screwing his own followers/base ... now whether they care or not about that …
YBB, yeah when I read the official fact sheet I was less enthused than I sounded in my earlier post. Still a move in the right direction, though.
I am impressed with (voluntary) daily-disclosure ETFs from CG and TRP that launched in the past few y…
They also approved new rule changes today mandating that OEFs/ETFs report holdings monthly, replacing the previous quarterly requirement. I think this is a *long* overdue change and one that I particularly welcome.
From the article,
"In years where stocks declined, eg the global financial crisis in 2008 or the bear market in 2022, the call options expired worthless but did provide investors with additional income that reduced the drawdowns*."
*(YBB Note) By t…
I lived that life during Dot Com working for one of the most critical internet companies. It was an absolute blast of an experience that thankfully I'm still reaping benefits from as we changed the world back then. But would I work for Big Tech to…
Maybe I shouldn't be, but I'm just surprised that 'sophisticated' folks like Fido would go into this investment given the mercurial and moronic impulses of its cosplaying CEO business jenius with MY money, let alone anyone else's.
Ye reap what ye s…
Speaking of Schwab, this morning's WSJ front page:
Charles Schwab Wants to Fix Its Struggling Bank. Investors Are Skeptical.
Roughly half of the brokerage’s revenue comes from banking
Charles Schwab has called 2024 a transition year.
https://www.…
Everyone these days should lock their credit records at (at least) the Big 5 companies, set alerts for big (or suspicious) purchases if they can, and check their statements/registers for oddities.
As much as I hate having too many accounts open, it…
My son just opened TRP acct. Everything went smoothly until attempting to link his credit union acct with TRP. Sorry, we are unable.... Feces.
He STILL refuses to get a credit card. Prefers cash and debit card. Dunno if that factors in.
An entire g…
I always traded number of shares and not dollars for stocks and ETPs. Fidelity allows one to trade in dollars. I was surprised to find that Schwab website trade ticket does not have that feature. Just an FYI.
You can submit orders at Schwab using…
I'm sure 'Truth'Social CEO Devin MOOOOOnes** will be out with another letter begging Congress to outlaw short sellers of his stock and/or suing anyone who closes their long DJT position before his boss can dump his shares next month.
** https://www…
Rforno, I believe the software companies that will win the AI race are not household names yet. As viewed from a % gain perspective over the next 15 years.
Agreed. But I'll bet most of 'em will get snapped up by the tech companies that *are* hou…
This thread is timely b/c I was tempted to upload my ports to run an XRay analysis there during my discounted year ... I'll wait until the dust settles and 'reviews are in' before doing that.
DG tells us he wants to outperform the market and be less risky. Wouldn’t that be the goal of EVERY portfolio manager? And really,,, he wants to be “differentiated “ but does not seem to be… I know the dude is legitimately a rock star but I clicke…
A recent article in The NY Times about an Iowa pig farmer converting his farm to mushroom production states that there are 4000 factory farms in Iowa. An Iowa farmer interviewed on CNN last night said it’s good for the earth to raise beef cattle. I …
@rforno, I think people like your friend are probably rare. I'll admit that observing other people's shopping carts is not a reliable survey. But, I think the food industry will keep the GLP-1 companies well supplied with customers at least until th…
My mentor told me horror stories when he was executor for a trust that was housed at BAC. Never had I heard such incompetence and administrivia designed soley to leech money out of the estate into the bank's hands. If I ever left my credit union, …
TCAF talks about utilities most of the time (7% sector exposure....3x the benchmark) but still holds 5 times as much technology as of June. Important viewpoint on eventual AI beneficiary being software. 100% agree. Skate to where the puck is goin…
new medication will improve lives and reduce junk food consumption.
What a strange world we live in that we have to buy expensive drugs to save us from consuming stuff that should rarely go into our shopping carts.
I remember when 'Wheat Belly' was…
Thx for the link.
Kudos to Giroux for sitting and explaining the portfolio, which admittedly echoes much of how I view thie markets and are invested myself ... but boo/hiss to TRP for a lackluster and mediocre production value of the video. Felt l…
I had the opportunity to snag a M* subscription at a discount a few months ago, and I must say I've been less than enthused witih their current offerings and content. Too many clickbait headlines and FAR FAR too much anonymous quantitative AI-base…
Problem seems to be fixed. I purged all cookies on my browsers, restarted the machines, and so far (knock wood) I'm not getting that constant device verification at the moment.
As Schwab's tech support told me the other day:
For the security of o…
WOW - @rforno. That’s a “gutsy” move. I don’t know what steak dinners in Georgetown cost.Wondering how many bottles of Glenfiddich the potential loss might be … ? :)
Where we go, around $500 (including the expected overpriced booze).
Maybe 6 bottle…
Bought a tiny speculative short-term S&P short position based soley on a gut feeling looking at the chart. As usual, the potential loss on such position is roughly equal to a steak dinner in Georgetown
Also getting closer to starting a few ne…
Nah, I am logged in & checking things most every day, and that's fine. But I don't fixate on inter-day performance, so at least for my mindset, it's no big deal. By contrast, I'm sure for most retail investors, they shouldn't check every day …
I still have the chat logs of the futures trading room I was in back during the GFC and periodically review them for old times' sake. Having gotten it out of my system (thankfully profitably) I am much more content to be a longer-term investor who'…
New Schwab 'feature' --- over the past 2 weeks nearly every time I login I'm forced to verify my computer to them, sometimes multiple times a day. I have no idea why this is happening all of a sudden, but it is getting rather annoying.
Only happ…
I have yet to figure out how to post images here. Some in my household use the term "dinosaur" to describe both me and our software. In any case ... if you go to Morningstar, pull up the chart for DJT and set the beginning date for the day that Bide…
Yesterday I put on a 5-strike combo spread on ALT expiring in Jan 26 as a totally speculatitive play for potential gains should their GLP-1 competitor keep showing good promise and/or if a big pharma player decides to take them out. Downside risk $…
