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rforno

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rforno
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  • @rforno, but you're right and so is @LewisBraham. Will the sub-advisor exclude "all" companies that make public statements about a then-current political hot button item unrelated to their business or just the ones they disagree with? We're goners.…
  • IMO it's another grift and the latest political-oriented ETF to be created in the past few years. To my knowledge they sound nice to some, but I don't think they have much traction or volume. We saw the same thing in crypto-land recently with the …
  • Several of my American Funds have done (big) summertime CG distributions, too.
  • I wish my 403(b) contributed over the summer, but it doesn't. But in my taxable accounts I've definitely been buying and/or looking to buy. Edit: Though I got a healthy dividend and fat LTCG payment at a great time last month, so that's nice. :)
  • And the so-called 'analyst' ratings (er, "wallflower opinions") are shifting ... UBS downgrades TRP to sell "on the basis of a weak flow outlook driven by a slump in fund performance."
  • M* still matters?
  • One handy thing the M* page showed was the price of the fund's individual holdings, which could give you an idea of where things might be at the close of trading in terms of planning buy/sell decisions. You can do the same thing at Yahoo Finance fo…
  • Well, now that it's already down about 70% from its ATH, this is a decent indicator the bottom may be in for Bitcoin, at least for a while...lol ProShares to Launch the First U.S. Short Bitcoin-Linked ETF on June 21 https://www.businesswire.com/new…
  • Personal Capital is a good (free) choice, which I use for periodic snapshots of my portfolios. These guys require a phone number. Wondering if they’ll sell it to advertisers or use it to pester you? They called me once. Told 'em I wasn't interest…
  • Personal Capital is a good (free) choice, which I use for periodic snapshots of my portfolios.
  • Some excellent commentary/analysis on the curent crypto shennanigans by BBG's Matt Levine: https://www.bloomberg.com/opinion/articles/2022-06-15/crypto-debt-can-be-trouble
  • Think it should have been 1%, but we”ll see. I agree 1% would be a bazooka-level move that would've sent a decisive message. Meaning, I wonder if they can comfortably go 2 months w/o making an incremental increase between meetings....
  • fwiw saying IMO EPD is the best-of-breed in the pipeline spaces. Looking to add this week to an already sizable position, actually.
    in EPD Comment by rforno June 2022
  • I got into cryptolending last fall and closed out my position earning 7% over a month ago when things first getting a bit ... bumpy in cryptoland. The timing was right as I needed the play money to help pay for home rennovations. lol (Some place…
  • WSJ reporting Coinbase laying off 20% today. The bloodbath continues....
  • I agree with this article. The first one was the best sign of a 'top' in crypto, in my view. The Clues You Missed: 5 Super-Obvious Signs We Were in a Financial Bubble https://nymag.com/intelligencer/2022/06/crypto-crash-5-obvious-market-top-signal…
  • fwiw saying I predict either a relief rebound or perhaps a 'neutral' day tomorrow -- followed by a volatility explosion on Wed as folks act on their post-Fed positioning plans into the latter part of the week. (Other central banks set to make rate …
  • @rforno : Wouldn't one have to take into consideration the % of total drop & not so much the number (600) ? Band aids don't seem to be holding back the flow of blood, I'm calling for a tourniquet ! With the summer season in progress I've decid…
  • Yup. And having seen big moves in the 00s and 10s I'm not panicked. If anything, I only start to get a bit more interested/concerned when the overnight futures tank hard like last night .... but even then, I don't run to sell b/c I hold good stuff…
  • This news overnight doesn't help, either. https://www.bloomberg.com/news/articles/2022-06-13/crypto-lender-celsius-freezes-withdrawals-fueling-market-rout?srnd=premium
  • Orderly selling thus far, imho. Waiting for the panic selling next before we hit a bottom. We might get the former today/this week. Relatedly, there is some serious stuff going on in crypto-land. Between corporate layoffs, freezes, rate downgra…
  • Thanks @rforno Let’s see … What to buy tomorrow? :) My sentiments again, too. ;)
  • Futures down fairly hard in the early Asian session.....going to be another fun week I think!
  • Between interest rates rising, recession, and the loomng regulatory changes/improvements to crypto-land around the world I would be cautious. Stick with the major cryptocoins (and fiat-backed stablecoins), avoid sh-tcoins, algo-backed 'stable'coiin…
  • I'm roughly down about 8% across my accounts as of this weekend. I can't complain. I'm mainly in dividend paying value stocks with *very* little exposure to 'growth' or tech via individual holdings ... which have held up much better than I'd expec…
  • Well, NightShares is part of AlphaTrAI, which is run by Analytics Ventures. So, the organizational layers (CAKE) are there and all they need is COFFEE (-:). https://www.alphatrai.com/ https://www.analyticsventures.com/ai-startups/ I'm not sure wh…
  • Ahhh someone's monetizing the famous buy-at-close, sell-at-open strategy that's worked well in the futures markets off-and-on for years. Interesting.
  • ZH clearly has a "partisan nonsense" problem, among others, but I know how to scroll past clickbait to find other posts worth reading. This was one of those. Agreed. Good find!
  • Fine by me. I loathe ZH's partisan nonsense most of the time, but the subject line gives it away: "SEC Preparing Historic Overhaul Of Market Structure, Making Retail Frontrunning Virtually Impossible" Oh, noes!!!! We can't prey and profit off o…
  • I see things like Bitcoin and perhaps some of the fiat-backed stablecoins (GUSD, etc) being okay and likely to form the basis of whatever turns out to be the 'respectable' crypto economy. But the zillions of 'memecoins' or 'sh-tcoins' out there? Th…
  • Ick. Why not offer everyone costly C-class funds? This is nuts -- better to stick in the existing TSP offerings and save the $150/yr fee.
  • Just be sure what the fund holds before pulling the trigger. Folks see 'dividend' and think 'easy money' --- but make sure it's not something that's overly-concentrated in one or two sectors such as MLPs, REITs, or below-junk bonds.
  • PRBLX/PRILX Like Crash, I mainly use individual stocks for dividends, too.
  • "who am I to be listened to"... You seem pretty listenable to me. Thanks I agree. I often find myself quite listenable when talking to myself. :)
  • Today NYMag takes a look at the market performance and philosophy Saint Cathie of ARKK....which I must confess I agree with in its entirety. I think she's been reckless but lucky, but the bill always comes due. The Rise and Fall of Wall Street’s …
  • If I read another headline about the latest "undiscovered safe" stock or fund with a yield of 10% I will throw up. All you have to do is look at ATT. What good was the 6% dividend when the stock is down 20 to 30% in the last 3 to 5 years? Yeah, th…
  • I cancelled it a few months ago in protest of their insane news headline trends, but just renewed at the 50% price, which I find fair. Their data presentations and screeners are much more usable to me than M* and the reader comments are a decent sa…
  • Every time I see this thread title I keep thinking it says 'Diapers' --- which also would be appropos on weeks like this to some, I bet. ... just some Friday evening snark to kick off the weekend as I pour the first dram....
  • Once again, this morning shows that positive moves/bounces are not to be trusted in the current market climate....and either you stay put or use those bounces to lighten up on things and/or lock in gains.
  • I've had more than a few folks raise their eyebrows when I tell them I'm eagerly looking to do icnremental controlled buys into massive downdrafts. I wonder how much of this swoon is amplified by ETFs and/or panic selling by the newbie pandemic in…