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rforno

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rforno
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  • 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…
  • Almost. Stuff I'm eyeing came close to initial DCA buy points but nooooooot quite there yet. Maybe tomorrow....
  • @rforno : Did the leak just show up recently or was the repair put off ? That would make the redo jump in price ! I hope you have a third BR to use during redo. X plumber, Derf …
  • Kind of OT but I'm preparing to redo 2 bathrooms. For me, the materials cost is nothing compared to the price of labor these days .. I'm not using anything overly premium or exotic. Was this project not in response to a leak, I'd be putting it off f…
  • Amazon’s chart (AMZN) isn’t quite that dramatic. But if you could separate out AWS it might be. I haven’t heard a really convincing explanation in the media. I’m thinking (1) higher labor costs, (2) higher transportation costs due to energy prices.…
  • TGT -25% in the premarket. Yeeeesh.....
  • Good advice for most to avoid panic, stress, or sleepless nights. Me? I prefer knowing what's going on ... and in the case of market swoons, want to be aware of anything worth buying at depressed prices that I can hold for the long term, which has …
  • Gret move. I've always liked this fund, but never owned it.
  • Yahoo and SeekingAlpha will also show the top 10 holdings in a fund/etf as well as many brokerage research pages.
  • Exactly. Go with the flow and plan accordingly. Markets will fluctuate!
  • IIRC either a JPM or MS person is presently calling for a bottom around SPX 3450. That's pretty gloomy.... ... of course, such views can change on a whim. JPM said China tech was 'uninvestable' 2 months ago and now says they're very attractive. S…
  • They'll be rebranded in patriotic colors as Burger Czar, selling the Big Boris and Fillet o' Beluga, among other things. Vladdy Meals(tm) for the kids, too!
  • @rforno, you mentioned adding a large slug of VZ to your existing holding. Any particular reason(s) other than it's steadily boring but also pays a good dividend? Nope, not really. Unless you want to include that there are only a few dominant commu…
  • I’m annoyed by news media usually citing the Dow regarding stock market movements, rather than much better indices like the S&P or total market. I also hate (during the good times) when the news will say the index "reached another all-time closi…
  • Unlike their other ETFs, these apparently will report holdings daily. The other ones they launched were semitransparent, as I recall.
  • "That's the lamest excuse for not doing one's homework before turning it in." @rforno- Having spent a significant portion of my school years evading homework, I'm curious as to what there is to turn in if one hasn't done it? Evidently I missed somet…
  • Happy to see the not-insignificant amount of crypto I lent out has been returned to my account and now sits in USD intact. Not that the Terra fiasco directly impacted me, but I'm out of the arena until things settle down. Counterparty risk and all t…
  • IMO, Elon Musk has found how little TWTR and TSLA stocks are valued as collateral by banks to round up financing (margin & other). He may now be trying to get the cash price of TWTR lowered by a few billions. I just checked the SEC/Edgar filings…
  • Shake down has started and I am not surprised. https://www.cnbc.com/2022/05/13/elon-musk-says-twitter-deal-on-hold-pending-details-on-fake-accounts.html That's the lamest excuse for not doing one's homework before turning it in. I bet he's figurin…
  • I wish market commentators would stop using points and use percentages instead. Points aren't that meaningful anymore. Totally agree but saying "is off 3.5 percent" isn't the same impact as "down over 1100 points!" when spoken by pundits or headlin…