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yogibearbull
PROFILE - Revised, 7/24/23
Professor Emeritus, Engineering.
Long-time poster at various investment/finance discussion sites.
Interests - Investments, Personal Finance, Financial Literacy, Charitable Activities.
At X/Twitter "at"YBB_Finance, at Facebook + new Threads "at"yogibearbull, at ProBoards "at"yogibearbull.
I don't know if these Flow-tools can indicate data frequency from the data source. The line-plots are shown as continuous, sometimes with lines connecting the discrete points - an acceptable practice - so it can be confusing.
Also be sure to update…
FLOW tool is very interesting in that it shows how AUM, fund flows & TR are related (or not).
Asset and flows data are monthly for mutual funds/OEFs, daily for ETFs.
But in checking some TIAA/CREF VAs (QREARX, QCSTIX, etc), daily data are sho…
@rforno, new M* Investors (subscription) does have downloadable 1- or 2- page PDFs. Here is a sample for FMSDX that I uploaded to PDF Host and linked below for demonstration. More can get me into trouble. In the old days, these PDFs were free at M*,…
@Observant1, free Instant X-Ray is gone. But X-Ray still exists within the old M* Portfolio (Premium) and the new M* Investor (subscription).
Some of the reported problems may be just due to the old M* Portfolio Premium subscription expiring and ne…
Simple reason is that brokers' NTF platforms have fees in 25-50 bps range. Small firms without their own distribution units have no choice but to pay those. Even larger firms like Pimco, American Funs/Capital Group, etc pay those NTF platform fees f…
A great source of info on I-Bonds and TIPS is @TipsWatch (David Enna) at X/Twitter. LINK
From 4/10/24, https://tipswatch.com/tracking-inflation-and-i-bonds/
There is hardly any info on this new ETF WZRD at ETFdb, Yahoo Finance and M*. So, see my previous post for link to the ETF website with its own pitch, Prospectus & SAI.
ETFs are hot, so many people and firms are rushing to offer high ER ETFs instead of, say, more appropriate interval-funds for their strategies.
https://opportunistictraderetf.com/
Fido has a less volatile real estate hybrid FRIFX (RE equity & fixed income) in addition to all-equity FRESX. Rising rates have hit RE. Benchmark is ETF VNQ.
A new complaint about naked-short-selling filed by DJT.
"Reports indicate that, as of April 3, 2024, DJT was “by far” “the most expensive U.S. stock to short,” meaning that brokers have a significant financial incentive to lend non-existent shares.…
DJT has filed instructions on how to prevent shorting of the stock.
2 steps are common and typical - move stock to the cash side (from the margin side), discontinue securities lending program.
2 other steps mentioned may have fees - moving stock t…
At Vanguard, reinvestment isn't available for some ETFs. I suspect that it may have to do with liquidity as VG reinvestment program is VG (broker)-sponsored. VG accumulates all reinvestment orders and executes a market order soon after the payout da…
M-mkt regulations are quite tough now. Look around, there are hardly any small m-mkt funds - they have been merged or liquidated. It was unheard of just few years ago for firms to offer m-mkt funds from other firms, but now, some even offer a menu o…
There was indeed confusion in early-2021 and there were revised versions of IRS Publication 590-B. See the contemporaneous discussion at another site. So, it wasn't just the matter of carefully reading the regulations.
https://big-bang-investors.pro…
Unfortunately Move isn't accurate and can't tell you when to get out in a timely manner and why I don't look at it.
Link
Your link provided doesn't even mention MOVE, so it's unclear what you tested and why it "isn't accurate"?
Every data point d…
Ratio $MOVE:$VIX indicates relative bond (Treasury) & stock (SP500) volatilities. Ratio trend line has been rising (200-dMA 7.76) with wide swings around the trend line. Chart is for 3 yrs.
https://stockcharts.com/h-sc/ui?s=$MOVE&p=D&…
$MOVE is now recognized by StockCharts, but its history is from 03/2021 only; Yahoo finance has recognized ^MOVE for quite a while and has a longer history.
https://stockcharts.com/h-sc/ui?s=$MOVE&p=D&yr=1&mn=0&dy=0&a…
Interesting that Jamie Dimon's concerns have been quoted widely, but his wide rate range of 2-8% is skipped in these quotes. All he may be trying to say that as the largest bank in the US (TBTF, SIFI, etc; also largest globally by market-cap but not…
DJT secondary filed for 146,108,680 shares of common stock and 4,061,251 Warrants (exercisable at $11.50; STRANGE, as options/warrants typically have exercise prices ABOVE the current prices).
https://www.sec.gov/ix?doc=/Archives/edgar/data/00018496…
It's about oil that had runup already to WTI $85 and Brent $90. But it didn't move much after that. Similar for gold. Only cryptos showed real-time moves (at one point, Bitcoin -8%, digital-gold +32%) when none of the markets were trading, but those…
There is not much that trades over the weekend. VIX was to be trading 24/7 somewhere in the world, but it isn't there. Even gold trading takes a short break over the weekend.
But, cryptos trade all the time. So, looking at it over the last 12 hours…
There was some sort of breakdown in a major feed for PRWCX.
Prices were posted correctly YESTERDAY at Rowe Price and M* websites. But they are still stale at many places now on Saturday.
Yahoo is totally messed up - it shows stale price on the Su…
Fund NAVs are different for various classes, and for the ETF classes in case of Vanguard. Fund prices are set by the number of units outstanding for the respective classes. They all have the same underlying portfolios.
@hank, that is stale quote for PRWCX from yesterday. Many sites are still showing stale info from 4/11/24 (Yahoo Finance, MarketWatch, etc). Probably will fix in the next update of the evening.
But Price website, M*, etc are showing the correct inf…
Schwab Securities Lending
https://www.schwab.com/securities-lending
From related Schwab FAQs,
https://www.schwab.com/securities-lending/faqs
"Currently, most accounts are eligible. However, it should also be noted that employer‑sponsored retirement…
According to a Twitter LINK, Fido is asking for 15% of the revenues generated from the Fido platform to waive $100 fee on those ETF buyers at Fido platform.
Posters are asking, why not such fees for stocks or CEFs? Why single out ETFs?
Revenue-shari…
My Banking Direct (MBD) has among the top rates for high yield savings (5.55%) and CDs. Its parent is NYCB, the former rescuer that is needing a rescue itself.
This problem has been pointed out before - banks in trouble often offer the highest rate…
@Derf, in one of the rare times now, energy and gold/silver are both moving up, and PRPFX is overweight in both of them. It's stocks are doing well too. That explains why it's on a roll.
There is a thread on securities lending at BB with Fido focus. VG (or Schwab) program should be similar. If you signup, you have to hold some hot securities.
Even if you don't signup for securities lending program, your margin agreement allows broke…
This is also reflected in the Price TDFs (old Retirement 20xx, newer & tamer Target 20xx) that are among the most aggressive. Fidelity TDFs are tamer, Vanguard TDFs in the middle.
Fed TSP TDFs (with limited choices) are superconservative.
Like other specialized areas, options have their own terminology and linguistic shortcuts. FWIW, I had no difficulty in understanding the articles by @Devo.