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.
Regarding dip-buying ...
Earnings season is coming up, so companies are going to be forced to address tariffs on their calls and they will probably project uncertainty. We will likely see selloffs even for earnings beats.
While today is looking …
Glad I didn't have any resting buy orders out there ... this morning's open blew past them and then some, even on simple stuff that should've held up okay
US premarket Friday 4/4 ...
Dow -1000
SPX -142
NDQ -550
(China just imposed 34% retaliatory tariffs on all imported US goods, too.)
"We're gonna win so much, you may even get tired of winning. And you'll say, 'Please, please. It's too much winni…
Penguins are the animal logo for Linux, that community-developed, er COMMUNIST SOCIALIST MARXIST alternative operating system that is free for anyone to use. See how his mind works? This is his way of rewarding Big Tech.
Thankfully my accounts, nearly all equity, have been relatively flat (+/- 1.5%) on the day, which is fine by me when the storm clouds show up. Will it hold in the coming days? *fingers crossed*
Interestingly Ukraine got tariffed (along with uninhabited islands and territories belonging to other countries already tariffed) -- but Russia, Belarus, North Korea, and Cuba didn't.
I don't think ChatGPT could come up with something this daffy if…
The morning premarket after Tariff Toddler's nonsense was announced...
Dow Futures down 3%
SPX Futures down 3.5%
NDAQ Futures down 4.4%
An hour before the US markets open, Tariff Toddler just said this..
"THE OPERATION IS OVER! THE PATIENT LIVED,…
BBG headline this morning:
"US Emerges as Biggest Loser in Markets From Trump’s Tariffs"
In other words...
War is Peace.
Up is Down.
There are 5 Lights.
Losing is Winning - Bigly!
Welcome to Trumplandia.
Mr. Market seems surprised Trump did what he said he was going to do.
Mr Market and the economy are controlled by the same companies/entities/people who only saw 'tax cuts for us!' during the 2024 campaign and didn't pay attention to Tariff Toddler…
My gods, our Treasury Secretary is an idiot... if you punch me, I'm damn well punching you back, not pausing for a minute.
NYT: Treasury Secretary Scott Bessent urged other governments to hold off on responding to the new tariffs. “One of the messa…
Bought a few hundred bucks of whiskeys from UK & Canada as a hedge against Tariff Toddler's scheduled economic s--tslinging around the world this afternoon - can that qualify as a 'medical expense' on my 2025 taxes? (Several were cheaper onlin…
@Crash, the secret's out. Per WaPo's Catherine Rampell:
"Trump has already “liberated” his country from the inconvenience of due process or expectations of civil rights. But his freedom crusade escalates this week, when he shall also “liberate” Am…
@Crash, the secret's out. Per WaPo's Catherine Rampell:
"Trump has already “liberated” his country from the inconvenience of due process or expectations of civil rights. But his freedom crusade escalates this week, when he shall also “liberate” Am…
(x-posted from BSW thread)
Dumped TDS preferreds today to raise some extra cash. Preferred-wise, I'm only holding T preferreds now but I've been reducing that fairly large position in recent months as well.
Otherwise i'm about as streamlined as …
Dumped TDS preferreds today to raise some extra cash. Preferred-wise, I'm only holding T preferreds now but I've been reducing that fairly large position in recent months as well.
Otherwise i'm about as streamlined as I care to make myself ahead …
MSF. The 51st state will be massively BLUE! Why would he who can’t be named want to add the bluest state unless elections were a thing of the past? Unless he hasn’t thought it out.
You think he THINKS of anything beyond his current conversation o…
@LarryB, from a historical perspective, what's going to be absolutely galling is that FOTUS and his people will be crowing over the next year about how 'great' America is (or 'will be') during its 250th celebration, thumping their chests for the ca…
Sell/trim anything that acts too volatile or is illiquid?
[perhaps to] Raise cash to buy quality stuff if/when it goes on deep sale?
Opportunistically speculate on some inverse ETFs via stock or stock options?
If Tariff Baby's tantrum on Wednesday is as bad as folks think, how long before China and Russia retaliate by starting a coordinated dump of Treasuries in large numbers to royally destabilize the dollar and US role in the world economy? IMO that'd b…
Everyone we talked to could not comprehend what is happening to the USA and felt very sorry for us. this was before the tariff wars.
I was down there the week after the 2016 election consulting to a uni in Melbourne. In every cafe, coffee shop,…
CLF is, I think, the only US-based company that makes the metals needed for transformers as one of its (more attractive) business segments. Unfortunately the stock has been an absolute dog for ages and the company's management is hit-and-miss.
I'm…
One might almost wonder if there's more to this than meets the eye. Would it be possible that by removing advisory boards it might be easier to cook (even maybe overcook) the government books?
That would never happen. It's absolutely unpossible! …
This is what you get when people who have never had to do for themselves are running socioeconomic policy. Has FOTUS, Bessent, Luttnick, RFKJR, etc. ever:
- done their own laundry
- made their own midnight snack
- cleaned their own house or done t…
TCAL looks interesting to me. Nice to see an options-overwrite fund that's marching to its own drummer and not going with the herd and buying the usual names in a momentum-based index.
I have been so afraid of this. And, now, they have discovered and are coming after NIST. They are too under educated in science and measurements to make such decisions. NIST is and has been the main stay for measurement science, techniques, calibrat…
Thanks for the information.
Does anyone know why Fidelity now only allows one to cancel USFR sell orders but does not allow one to replace the order?
I wanted to go from a limit order to a market order, I had to cancel the existing limit order an…
I've had to mail a bunch of 'sensitive' documents around the country recently. I setup an account with pirateship.com and am using UPS envelopes to send them. For $10 I can overnight to NYC. For $20 I can 2-day something to the west coast. (It'…
Good move @rono. You have a lot more stomach to play with Tesla.
We have been moving more US bonds to overseas debt, NRDCX. Our target is to have 40% invested outside of US. Next is more country-specific stock index.
You're braver than me! Ov…
This is not an airport, one does not need to announce their departure.
... which is sad, b/c I have valued hondo's comments over the years, both here and at M*. But hey, each to their own. ;/
There is no Dem version of Project 2025 to my knowledge. All they know how to do is create inward-facing firing squads. And no, I certainly don't take what the 'mass market' media and blogosphere throws out there as gospel or worth acting
This F…
Balu, I might've misspoke. I didn't mean to equate a cryptocurrency with getting away from the USD, and I agree they are mutually exclusive. What I meant to say is that moves like this, even if exploratory, can presage eventual seismic shifts in…
The F-47 will also be known officially as the ‘Felon’ and among pilots as the ‘Sh*tgibbon’.
/snark
As OJ noted, I can't wait to see what the overrides will be on this stuff, either. I've been around enough senior career people in the DOD acquisit…
