Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
“So the market has not bottomed yet.”
There’s a 99% chance that’s true. “The market” may not bottom for many months or years yet. If someone has a reliable indicator that will signal the exact bottom, please share. Better still, if someone can a…
Don’t have much dry powder. Have a small limit order in place (adding to existing equity holding) for Monday’s open. Might add bit more if markets become “unglued” early in the week. A 7% weighting in TAIL helped Friday as it rose about 2%. Ov…
Friday’s shaping up to be nasty. No relief from bonds. Some foreign markets are above water as are a few narrowly focused funds with gold or metals exposure. Maybe energy. Overall a rotten showing.
Amazon = leading indicator.
AMZ -16% an hour be…
From what I've been reading on MFO Vanguard seems to have a lot of well-trained and helpful customer service people. Maybe Fidelity can steal some of those folks.
:)
Hope they stay away from those at TRP …. :)
And yup - a lot of complaints abou…
Not everything is down. ARKK is up 1.5% around noon Friday despite the selloff in the NASDAQ. If the latter isn’t already in bear territory, it ought to be by day’s end. By contrast, yesterday ARKK was down over 6% midday while at the same time the…
When I listened to Giroux on CNBC a couple months ago he was singing the praises of AWS - Amazon’s cloud computing subsidiary. Sounded at the time like he was investing directly in that. However, I can’t find where you can. Presumably, than, he m…
EMQQ which tracks the EM Markets iis (was) up 7.7 % from yesterday. Welcome news for some of us.
(But is falling) And Japan was very strong overnight.
Access EMQQ price change HERE
Thank you @Mark. The initial list appeared to be focused on those who bought recently. When in doubt … turn to Yahoo. The numbers I just posted should now be more accurate. And Fido does have at least 1 fund listed.
Reason I pursued the story …
Oil did not go “negative” in 2020.. True. If you heat with oil, payment in cash was still expected. However, I don’t think @MikeM is talking about buying the food itself and storing it somewhere which would assure he could resell it anytime. He’s t…
@hank, @BenWP, just to clarify, DBA (Invesco DB Agriculture) does not hold any corporate stocks, like Deere for instance. It invests in commodity futures. It follows a futures index. So for that, it won't necessarily follow the stock market like a s…
Thanks @Sven
You’re right. The fund’s not volatile. At a glance, about 50% is in some form of fixed income. From Yahoo: (FSRRX)
“The fund allocates the assets among four general investment categories: inflation-protected debt securities, floating …
“Infrastructure stocks are also getting whacked of late”
Hi Ben, The only infrastructure fund I own or track is GLFOX - which you recommended. It’s holding up better than most of my stuff - up 3+% YTD. Heavier into utilities than most I suspect…
Some analysis from Tuesday’s Wall Street Journal (4/27/22):
“Now he faces fresh challenges. Mr. Musk has hocked roughly $60 billion of his Tesla Inc. stock—about one third of his stake—as collateral for bank loans, tying his personal fortune to Twi…
I looked at Deere once, which is often touted as a bet on agriculture. Price was sky high. Every Tom, Dick & Harry buying it I suspect. And Barron’s had a piece a few weeks ago strongly recommending Bunge - an intermediary in grain production.…
@MikeM - Yep. As you know the miners don’t always run in sync with the metal. I’ve held mining fund OPGSX for years and haven’t bought or sold any for about a year. Dead flat in my case. Lipper shows it up about 1% YTD, but down 5% for a full …
A comprehensive and incisive article. My overly simplified view of Michigan, having resided in both southern urban and northern rural areas, would tend to support that view.
One of our classroom plays read / studied / discussed every year was Inh…
If PRWCX gets to -12% YTD, I'd buy more, by using bond money. I have a strict wall between non-taxable and taxable stuff, now.
No quarrel on that. I just enjoy picking on DG. Truth is, most everything is suffering at present.
FWIW - My gold fund…
Price’s “Blue” Chip (TRBCX) is aptly named - down 4% today putting it at -27% YTD. Don’t own it. Gosh - for less than 4 months time that’s really moving. Not in Wood’s league, but nasty nonetheless.
FWIW: Price’s PRWCX (own it) fell 2% today…
I hope her fund isn't a leading indicator for the stock market in general...
Looks like ARKK lost a bit over 6% today. You need a tough constitution to bear that kind of volatility and not spill your guts. I’ve been playing with one of hers, DKNG, …
“Is the Schmeissing just getting started? Inquiring minds want to know...”
Personally, I subscribe to the “tip-toe” school of investing - adding slightly when things are falling and selling slowly when they rise. Today was a good day to lighten up …
Anything with metals or commodity exposure got dinged. I’d expect multi-strategy funds to be all over the place depending whether they had long commodity / gold exposure. Plus, the hedges (approaches using puts) swung from strong up in the morning …
Weird day. The VIX jumped from a sedate 20 where it’s been stuck a long while to an elevated 30 early in trading, but fell back to about flat at day’s end. Longer dated bonds did well as the futures markets suggested they would. My newest acqu…
Well … no intention on my part to create hysteria. Fido would appear to agree with me that the overnight Asian / global markets and U.S. futures are worth watching. Sometimes they’re accurate predictors of the next day’s activity and sometimes the…
Miner Rio Tinto (RIO) is fairly diversified, but heaviest in iron ore. I lightened up on it as it rose this year but resisted the temptation to unload all of it a week ago - Woulda Coulda Shoulda.
I’ve seen some references to heightened competition / lower fees in the ETF field. Also, to the extent investors think the equity markets will sour (or have soured) they may be anticipating less business for Blackrock from the retail community.
Ha…
“and long government-bond funds saw inflows."
Last I checked long term treasury index funds are down over 17%. Please help on why these bonds attract investors?
I agree @Sven that it appears counterintuitive.
However, you can’t buy past perform…
Lots of juggling … I plunked a bit into GNMA (ETF) today thinking it will outperform cash the rest of the year. I mean … down nearly 8% YTD … How much worse can it get?
I’m pleased to have one recent acquisition, FLO (Flowers Foods), in the gr…
There has to be a trove of data on those black boxes. Wonder whether they’re too damaged to be read or whether the info is being withheld.
Thanks for the update.
Unrelated: After we boarded a 737-800 at O’Hare couple weeks ago and after the doors…
Glad some found this thread useful - even if in unintended ways. As it no longer pertains to my original question, I will no longer be monitoring it.
Thanks to all who shared their ideas re the original question.
The WaPo is interesting, in that it maintains it's historic "left-leaning" reporting and editorial perspective despite being owned by Jeff Bezos, who is not exactly known for his pro-union left-leaning propensities.
15-20 years ago we achieved the t…
IMHO, all missing the “elephant in the room” … I think the root of NETFLIX’s subscriber loss is the legalization of online sports betting across much of the country. With a few dollars riding on a sports contest people are viewing more and more sp…
