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Futs don't start pricing until 6 or 630PM ET. They were limit-down when I checked a few minutes ago.
When I checked the S&P futures at Finvis Futures earlier today the S&P was showing up 8% & change. Now it's showing down about -5%. O…
Overheard in Washington: "Hrmm, that's not supposed to happen."
Buckle up. folks....Asia opens soon. And we're already limit-down on the US futures.
Dollar, Equity Futures Drop as Fed Slashes Rates (Bloomberg via Yahoo)
https://finance.yahoo.com…
Scumbag. Karma is right!
He's right up there with GenZ-ish 'Corona Katie' who's running for some elected position out west. Tweeted last night that she was at a crowded Red Robin, ate dinner very slowly, it was good food, and that she "was an Ame…
Yes, I was buying this week. I've allocated about 50% of my cash pile into new and/or existing long-term positions as I've posed in the other thread.
My biggest buy this week was BIP, which I loaded up on in both accounts.
I'm at TDA/Schwab and have been deploying my excess cash into this market into new/existing positions. Still have more to go, but a good start thus far.
Added to BTI, CSCO in my long-long term account, plus added BIP.
Bought BIP in my 'active' account, plus regained a position in CHSCM preferred which I sold a while back and has now come back to par. Orders sitting for MPW (rebuying), DMLP, and p…
I guess it isn't a 'hoax' anymore, eh?
Last night's remarks were a monotoned disaster and not reassuring in the slightest to anyone with half a brain. And he apparently ad-libbed some things that weren't correct: he's not banning CARGO (ie trad…
Not really, no. VIG is an ETF (I rarely use them) and is indexed (which I don't like); VDIGX is actively managed and only holds like 40 positions ... VIG has like 150.
@rforno I've been debating between VDIGX and VIG for some of my dry powder. Di…
Started position in VDIGX in taxable today.
Added $1000 more from my miniscule cash pile to RWMGX in my 403(b). My last out-of-cycle addition was 3 weeks ago when the fund was 15% higher.
Quick comment before i head off to meetings --
Using SeekingAlpha data regarding yesterday's pricing:
VIIIX -20.32 (-7.58%)
PRGSX -3.00 (-6.91%)
VMVFX -0.89 (-6.46%)
So ... yeah a big loss, but on an absolute basis it did technically …
@rforno Maybe these are not normal markets, but isn't that the point for owning such a fund? I don't want a fund like this to mimic the market during extremes (up or down)...well I am OK with extreme upside correlation...instead, I want a fund lik…
During 'normal' periods, VMVFX has been fine. However, when you have such a violent and immediate equity selloff across the board, all correlations go to 1 and I would not expect any equity fund to perform noticeably better than others. Sometime…
Just posted in the overnight-potentials thread....
Futures opening down 3-4-5% based on variety of factors, from COVID-19 to the failed OPEC talks. Crude futures are down 30%, the largest one day drop since the 1991 Gulf War.
Monday trading will…
Futures opening down 3-4-5% based on variety of factors, from COVID-19 to the failed OPEC talks. Crude futures are down 30%, the largest one day drop since the 1991 Gulf War.
Monday trading will probably be a global bloodbath.
He also went big into Ukraine debt a few years ago - not sure how that turned out, as I was long out of the fund by then.
My impression is they made big bets on Argentina and it really burned them.
I like concentrated funds. Less chance of falling into closet indexing and marching w/the herd.
Plus it's easier to analyze things, vs a fund with 300+ positions of sub-1-percent amounts, which I consider pointless holdings anyway
Binary options are options for pikers who just want to gamble in the markets. "Will ABC go up or down by the end of the day today? Cast your bets now!"
No serious trader uses them.
Policies aside (which I disagree w/Bernie on many of them) one of my rules of thumb for presidential candidates is would I want to have a beer with them -- Bernie, sure. George W? Sure. Biden? Yes. Bloomberg? Sure. Ryan and Romney? Yup. Even perhap…
"Select your state to continue evaluating and monitoring which stock investments best meet your needs."
... give me a break. Your stock investments are not dependent on what state you live in, Betterment.
At the risk of being political, will Bern…
No, I viewed it as short-covering heading into the weekend, just in case anything happens to kick the markets higher for next week. Nobody wants to be caught flat-footed or too far on the wrong side of a trade/market momentum when the markets re-o…
The former trader in me totally saw the "rip your face off" action into and after the Friday close (when the futures ROARED positively higher) -- given this week's action, it was pretty predictable imho. And RUMINT was that there might be some co…
Started positions this morning in BCE, CSCO, and EADSY in my trading account as they've gone on sale and blown right thru my desired buy points. (Already hold CSCO in my long-long term account.)
Opened position in WRK last night, too.
All set…
Same here. I've started nibbling and have a few orders out for stocks that have suddenly dropped into my target buy zones for some new (or enhanced) long-long-term holdings.
Sold out of one of my fairly recently-bought REITS (OPI) for a small profit and a few quarters of dividends. Been wanting to reduce the number of REITS I own in taxable.
SPX is well on its way to hit price levels from July 2019.
1.3M SPX eminis moved already by 945 this morning. To me that suggests right now is more panic than rational hedging. But that's just one opinion.
Urge to start nibbling rising.
Well, Azar did come from big pharma, so .... gotta give back to one's family, right? *grumble*
plus we will have to let the market work its magic, again
Alex Azar, Donald Trump's health secretary, has told politicians he cannot guarantee that a c…
Tweety Amin just announced a COVID-19 news conference at 6PM. 6PM? Really? I question the timing b/c they're likely trying to mitigate the likely continued market drop when nobody believes what he says. The Asian open should be interesting this ev…
We're nowhere near 2007 yet.
When the Dow was -800 as the TARP vote was failing / failed in DC during the throes of the crisis, I felt a sense of existential dread about the system coming apart, even as I was trading futures around it. A few dow…
Yup. See my previous post above yours. Will continue to nibble as appropriate
lots folks especially near retirement has bailed long time ago. probably best to have 50/50 if near retired/retired
anyone buying today or next few days once the dus…
It's all about maintaining their power - over activity (DC gridlock unless they say otherwise) and the judiciary (rig the game in case Dems do manage to sweep back into the lawmaking majority). The country & citizens & long-held romantic A…
Exactly. Raise the IRA maximums to match the 401/3K plans and now you've effected some real reform.
We have enough options to save - IRA, ROTH, 401K etc. etc.
How passing a new alphabet going to help the mainstay of this job market - service worker…
Epic stock buying sprees by mom and pop investors, mostly on momentum stocks making headlines .... gee, where have we seen this story before and how does it end again?
(disclosure: I'm an independent registered voter)
No modern candidate of either party will be able to do what they are pledging w/o also having the support of both houses of Congress...so this is just eveyone selling voters their "line" or "set of …
