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@JD_co
Sorry. I was merely reacting to the numbers on the chart and not to any particular poster. However, I do think you’ve nailed it on the head with the accompanying commentary which I should have paid better attention to.
My “crystal ball” ha…
Dropped another 7% today. I like to bottom feed, but passed this one up. Too much garbage thrown in. Thanks all for the informative posts on the subject.
PS - Actually feel guilty as I mentioned it on the OT board as a potential turn-around cand…
Took a long hard look at ARRK (down 56% YTD) and decided I agree with Ralph Nader - “Unsafe at any speed.”
Those “hot-rod” holdings ranging from Tesla to Coinbase just don’t make any sense to me. Some I’d not mind owning. But not the entire lot. A …
The best cure for RMD is the Roth conversion. If I were 5-10 years younger I’d grab up some depressed growth funds today and do one. Yikes - With ARKK where it sits, how could you go wrong? That’s if you have a 5+ year time horizon. To the more caut…
Semantics. Forsyth acknowledges in this week’s Barron’s that the S&P pulled back a bit Friday after touching -20%. But the gist of his column (which I’ll need to reread) is that for all intents and purposes the S&P is in a bear market. I tr…
@davfor - thoughts worth chewing on
Agree.@davfor lays out a nice case. I don’t think we’re presently near the bottom of the bear market (term applyed by Forsyth this week). But we’ve made a lot of progress in that direction with the S&P down a…
Tempted to say that articles like this are examples of panic themselves. That aside, it could certainly get a lot worse. A lot depends on the Fed. I think’s they’re largely playing a bluffing game right now and it’s hard to know how much pain they’…
Added a small amount to assorted (sordid ) holdings. Dribble, dribble, dribble. A little here. A little there. Love a sale, but this thing could go on a lot longer. It’s kinda like rationing out the last remaining drops from a bottle of whisky -…
Thanks. Haven’t yet read my most recent WSJs. At one time crews could erase / turn off the voice recorder. Not sure if it’s still possible. If someone did disable or erase, we can be pretty certain it was a crew member - which is what I suspect.
P…
Some friends of ours in SF got a generous promotion from Toyota to buy a fuel cell vehicle. It included a large credit to buy fuel. I don't remember the exact numbers. But they were pretty darn tickled to buy it in comparison to getting another Priu…
I always thought perhaps the Wright Bros.’s bicycle business somehow related to their understanding of flight. In particular, making turns on a bike involves banking slightly to one side or another.
Well yes and no. The hydrogen was used for buoyancy to keep the ship afloat. Its engines (allowing it to move) burned a petroleum based fuel - likely diesel. It was originally designed to use helium which is much safer than hydrogen for buoyancy.…
Time for another stimulus check !?
No. They just need to reprogram the Open Mouth Committee to sound more upbeat.
Re retail today - This is the initial decent into the “soft landing.”
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.…
There’s nothing in the news about Ukraine peace talks. Keep dreaming. I still think gloom is the predominate market driver, but with an occasional boom.
Yeah - “Weight and balance“. Actually taxied back to the gate once at O’Hare when they detected that balance was off. Good sized jet. Guess they had to redistribute cargo. Better late than never. :)
Twice. Coming into Tampa probably 20 years ago. The pilot came on later and said there’d been another plane on the runway. We did bank left and climb steeply. However, we were still some distance off the end of the runway. Not as close as in that…
Today’s more like “Boom” than Doom. Could change on a dime… Just saying. :)
I have no idea what’s causing the broad based rally. Interest rates appear to have ticked up. Financials, which have suffered recently, have turned up. I’ve been watching…
Does it really matter?
Either you have a plan or you don’t. “Student body left! Student body right! “ isn’t an investment strategy.
The WSJ yesterday had an article making the case that very little $$ has been yanked out of equities this yea…
Thanks for the question - Difficult to answer unless you want to go to cash or short term investment grade debt, and not likely to provide inflation protection.
I’m not the one to comment on dividend paying stock funds. I do know enough to be ext…
@Crash. Thanks for catching the slip. If Giroux sounded off-beat it’s likely the high number of interviews over a few days causing it. He is generally very articulate. A short interview didn’t allow time to cover much.
Glad you have an investment p…
A somewhat tounge-tied David Giroux. Perhaps knocked off-kilter by a fund down more than 11% in fewer than 5 months. “The fault Dear Brutus“ … lies in Amazon. Giroux doesn’t understand how their retail division can generate a loss. Summing up hi…
My initial gut reaction was they should first castrate the guy, than parade him naked in public and than hang the SOB. I’m not generally in favor of capital punishment but would be willing to make an exception in this case.
A country divided IST…
The OP also gave the day’s losses for the S&P and NASDAQ. Maybe I should have put all 3 in the header.
Wasn’t trying to make any particular point except that losses (ie 500 on the Dow) that might have provoked a post, comment (or mild screa…
Thanks Yogi. Trying to lighten up a bit on DKNG. With moves of up 10% and down 10% on any given day it’s ripe for this kind of trading. I’ve observed it after hours before and it does bounce around quite a bit.
If it doesn’t work no problem. The…
What a couple astute observers have noted is that while the Dow Jones average is a numbers based index, its relevance at any given time is better considered in percentages. That’s true. But I myself don’t view that as a problem. I believe the huma…
I put in some buys around 3 PM & went for a bike ride. What a turn-around in the last hour. Starting to feel like March ‘20. Buy now. Ask questions later. :)
