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@stillers said:
GoldmanSachs for one I trust......
This is where you lose me. GS knows how to make money for GS, but that does not imply that they give out their best proprietary information (or important guidance) to the general public. …
Event based markets are difficult to bet on, especially when the event is 2 weeks away. Small and micro caps are in red today. So, it is not full on risk, notwithstanding a decent up day in large cap averages.
Yep. Anybody’s guess how it will all…
In case anyone has NOT noticed this, the national biz media tends to get a wee bit overly excited about SMALL moves DOWN in markets. Break the 50 dma and there's probably gonna be a CNBC "Markets in turmoil" special coming pretty soon. Ring the re…
In case anyone has NOT noticed this, the national biz media tends to get a wee bit overly excited about SMALL moves DOWN in markets. Break the 50 dma and there's probably gonna be a CNBC "Markets in turmoil" special coming pretty soon. Ring the re…
@MikeM: try being a Giants fan. We never sit on the edge of our seats because there’s no drama. Does BUF have a cure for the “wide right” curse?
.
As a fan of another team...that last comment is just plain sad.
But I guess with your team
only …
One reason to question whether the mini-selloff in equity has run its course: the S&P 500 hasn't recovered to its 50 day moving average yet.
https://www.fidelity.com/learning-center/trading-investing/autumn-stock-market-correction
Excerpt:
Th…
@Stillers: "Friday was a pretty important day in which the Dip/Diplet appears (to me and the people I read/follow) to have abated. At least for the time being that is, and stopping a potential gusher after you've rolled the dice a bit is always an u…
@stillers : :Hmmm...No reasonably intelligent investor thinks the market now has no chance of losing a point over the next three months. "
Did this tidbit of info come from your eight or crystal ball ?
…
Hmmm...No reasonably intelligent investor thinks the market now has no chance of losing a point over the next three months.
That said, Friday was a pretty important day in which the Dip/Diplet appears (to me and the people I read/follow) to have …
So I guess you would probably also bet straight up that BUF will beat HOU this weekend?
We Bills fans are always at the edge of our seats waiting for the next shoe to drop @stillers :) , but I'll take the straight up bet vs Houston and in a few wee…
I’ll bet you a nickel the Dow closes below 34,000 again at some future point this year.
Wow, that's really bold. Betting that the DOW will drop 0.95% below today's close sometime within the next three months.
So I guess you would probably also bet…
Did most of my Dip/Diplet buying Wed and Thu as noted in my prior post here.
Also added to ITOT this AM when it was fractionally DOWN.
What happened? Take your pick...
Powell''s comments
BIG Merck news
Re-rotation to Value
Start of the market's …
Green today:
XOM +1.05%
CVX +0.38%
XLE +0.34%
IOFIX +0.17%
TOTL +0.04%
FLOT +0.04%
Freed up some cash today via sales of bond OEFs.
ADDing to some US & Foreign stock/allocation funds tomorrow & Thursday. …
Really an exercise in futility here. Massive over generalization of this kind of stuff gets an investor nowhere close to an actionable strategy.
To wit, rhetorically,
What is the dip definition in use? 2%? 5%? 10%?
What dip is the person mea…
Probably as many definitions of BTD as there are investors. Generally, it means, using weakness in an investment to lower your average price in a position.
Right or wrong, for me specifically, YMMV:
Anything short of the following moves down is…
Long dissertation there about BTD, little of which is applicable to our specific situation.
If the poster was directing all that at me, maybe ask me some simple questions first next time, like, "What is the source(s) of your BTD funds?" and "What p…
@stillers: "(2) I will continue with stock allocations stretched to the top of my allocation range UNTIL the risk/reward of bond funds, CDs and/or MMkts significantly improves."
Would a rise to say 2.5 -3.0 % be enough in CD's to peak your inter…
Um no, no reasonable investor rules out a stock market correction and nothing I posted suggested that.
Yes, several of those factors I posted will likely be there for years, possibly beyond my remaining number.
What's it all mean, to me at lea…
"There must be some phenomenon market pundits have not been able to explain that is causing an overriding sentiment to keep the market in an upward trajectory and they are describing the symptom (BTD) as the cause."
No need to look for a phenomenon…
How would the tapering and higher interest rates impact your bonds and stocks?
Here's one take on it...
https://www.cnbc.com/2021/09/23/heres-what-will-happen-when-the-feds-tapering-starts-and-why-you-should-care.html
The venerable Art Cashin introduced me years ago to the concept of "an orderly sell-off."
That's what Monday's action looked like to me so I added to AAPL, AMZN and MSFT just prior to the close.
Ah, at least one other person saw it the same way an…
I've posted on MFO about PARWX on the Best Fido NTF Funds thread and hold a large position in it.
SMVLX Smead Value is a great LC Value fund but closed to New Investors at Fido and unavailable at VG.
Fido posted this Exit Strategies page in their Learning Center since 11/17/20.
https://www.fidelity.com/learning-center/trading-investing/trading/exit-strategies
Uncertain what Robinhood offers their investors gamblers.
@stillers - let me see if I can clear up any confusion for you...
...I hope that helps because I'd sure hate to see you get hurt falling off your high horse.
The view from my "high horse" (sic) shows I'm UP ~4% since my last BIG dip BUY on July 30.…
Golf is a good walk, spoiled.
Having caddied from the ages of 9-16 and played since I could walk, I've caddied for, seen, and played with a LOT of golfers.
So I know there's a LOT of truth in your comment for a LOT of people who attempt to play…
Here's a thought...you might want to access the TRP site (What? There is one? Who knew?) to get the latest published stock allocations as of 07/31/21 which was (if my addition is correct) 70.4%.
https://www.troweprice.com/personal-investing/tools…
The Fools weigh in on the topic:
https://www.fool.com/investing/2021/08/20/could-social-security-recipients-get-a-big-raise-n/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article
Per M*, but not sure if it's current/accurate:
Brokerage Availability BSGLX
Allowab (non-advisory)
Fidelity Institutional FundsNetwork
Cetera Advisor Networks LLC
Morgan Stanley Select UMA
Cetera Advisor Networks LLC- PAM, PRIME, Premier
Raymon…
No stillers I'm not waiting, eagerly or otherwise. That puppy has a lot further to trend in reverse before I'd be interested.
Hmmm...
First you posted
"Nothing in the charts say that it's moving higher, in fact the opposite. I can wait"
but now…
I see little reason to be nibbling at AMZN at this time other than it's down a bit. Nothing in the charts say that it's moving higher, in fact the opposite. I can wait.
Agreed, technicals don't look so good right now.
BUT...12-month price targets…
AMZN might be a buy tomorrow AM. If AH pricing holds, the indices are also likely to be down a bit as well.
Added to my AMZN position with it DOWN 7+% early this AM.
If a LT investor didn't at least nibble in AMZN this AM...
FWIW, Zack's summary on OSTIX, with the last excerpted statement perhaps being the most important:
https://finance.yahoo.com/news/ostix-strong-bond-fund-now-110011455.html
Excerpt:
Bottom Line
Overall, The Osterweis Strategic Income Fund ( OSTIX…
I have been following the various discussions about OSTIX on various investment forums (MFO, Armchair, Big Bang). I have done some additional due diligence on this fund recently, just to see if I have some renewed interest in possibly owning it. I…
Anyone who has ever invested in FI CEFs or knows of their inherent volatility understands that they carry a risk level commensurate with stocks.
Dick and other LT M* FI CEF Forum posters provided me (and many others) with a paint-by-numbers strateg…
