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”July 7 - Charles Schwab upgraded to Outperform from Market Perform at Keefe Bruyette.”
From Bloomberg today:
“Charles Schwab Corp. shares suffered their biggest intraday drop since the depths of last year’s regional-bank crisis after the investi…
hank,
That's a nice short-term profit!
More importantly, it speaks to the desirability of holding / trading equities inside a tax-sheltered account. Otherwise there would be serious tax consequences.
(I’m moving these comments first made in the euphoric markets thread to the “Buy / Sell” thread instead where they better belong.)
Sold all 3 stocks owned Friday. NSRGY: Averaged IN @$102 / OUT @$105.50. Decent 7-week gain. Also sold GHC an…
@hank - and Jain is excited about the toy you've been playing with.
Thanks for commenting @Mark. Yes. I saw that reference to NSRGY in the article. Too late. I unloaded the stock Friday along with couple others.
Thanks @Mark for filling in the missing piece. I’m always a bit reticent about copying from a subscription based source to which I subscribe. Not sure how much forbearance the publisher may grant. Was trying to be as brief as possible and still mak…
Never mind. I mistakenly thought you were referring to their ”Starliner” crew pleading to come home. :)
Added - Here’s the story:
NASA insists astronauts are 'not stranded' as 8-day Starliner mission hits one-month mark
Thanks for all the thoughts. It’s a very complex situation. Some s*** may hit the fan in the next week or two. No easy out for the Dems. But, I’ll just suggest here I think a Harris / Whitmer ticket would be very powerful - especially running again…
… personally, I'm not sure why the percentage would be different than another stock or fund holding simply because it's a CEF. I tend to limit "risk of ruin" to be a 4-5% allocation per account under normal circumstances …
Yep. Thanks for the thoug…
Thanks @Observant1
Friedman has an impressive multi-discipline education track record. Much of the first half of interview is about his education and how he got into the investment business. He speaks at great length about investing in private equi…
“To the Editor:
I know we are at a market top when my 17-year-old son is begging me to allow him to trade these options with his savings from birthdays and graduation (‘Traders Are Flocking to Risky Zero-Dated Options. You Can Go Completely Broke.’…
”Isn’t Biden bad for the 2025 tax expiration? Won't that cost these guys a lot?”
- I’m not sure what you mean here Anna. Biden and most Democrats would raise taxes on the very wealthy. So, yes, a Democratic victory in November might “cost these gu…
If so, what is your rationale, and what has your experience been?
I have some limited indirect exposure. But I do not hold any gold / precious metals funds or stocks at this time..
My experience: Gold / PC miners are explosive (no pun intended)…
David - Outstanding issue. Thank you.
You & Chip are in for a real treat in Michigan’s UP. Tahquamenon Falls State Park, about 10 minutes from Paradise, is one of my favorite spots. Also near Paradise is Whitefish Point with a small shipwr…
Thanks @Mark / Interesting speculation …
Something has to give ….
I suspect pressure is being applied on Biden by Harris & her supporters to hang tough. Obvious reasons. Problem is - He may be afflicted with a degenerative condition. Don’…
To All - I’d like to withdraw my earlier request that the thread be moved to Off Topic. I made the comment in good faith thinking I was supporting @BaluBalu’s “Yes” response to @Derf’s question as to whether the thread should move to OT. My comm…
Maybe any time an "expert" talks on TV, the host should pull out his/her record and challenge them. If they do that, no expert would show up and they would not have any shows. What a joke?
The good news - This is not the same MME (Media Market…
Thanks for the feedback @Crash. Agree somewhat. What I try to do with something like the lengthy M* piece is just skim it, selecting only certain parts to read. I’ve broadened out the theme a bit & added a couple additional sources after see…
” Houston, we have a problem … “
That shout-out to Mission Control from Apollo 13 commander Jim Lovell in April 1970 signaled the beginning of a dizzying full-front effort to save the severely crippled craft and return the 3-man crew safely to E…
Managed to charge exactly $100 on the new card yesterday. $83.83 bought a (very good) bottle of single malt + tax. $16.17 went for motor fuel. The plan is to study the card’s workings (billing cycles, due dates, minimum payments, 2% cash-back …
LOL / @Mark - Thanks. I just discovered CEF Connect recently. Great source. What I take away from your link is that since its initial offering at $25 in 2012 PDI has seen highs near $33-34 and lows as low as $16. That’s a little deceptive because…
Use a chopper to get around. See them all the time flying over NYC. But their subway was “state of the art” in the 1920s I think.
Thanks @Crash for adding some comment about the show. Improves the thread. Haven’t viewed yet, but plan to.
Sold a tech CEF fund that I bought when it was heavily mis-priced but I am still hanging on to its ETF bigger brothers. Stashing the proceeds into a MM fund until I see more clarity ahead. Yes, I'm in the cautious camp.
Good for you. Sounds like goo…
NASA / Boeing Insist Starliner Crew isn’t Stranded in Space
"We're not stuck on the ISS," said Mark Nappi, Boeing's vice president in charge of the Starliner program. "It's pretty painful to read the things that are out there. We've gotten a real…
“The keystone address was cued up with pounding music and a disembodied voice urging up to put our hands together for Ivanna … “
Sounds like you landed at a Trump rally by accident ... :)
Nice article @Mark. Thanks.
Here’s a shorter one that perhaps adds a little more:
Credit-Based Insurance Scores Aren’t the Same as a Credit Score. Understand How Credit and Other Factors Determine Your Premiums.
Various sources suggest a max use…
Edit: I read links in @msf post. I decided to pay off the CC. Please do not assume your situation will be similar to mine. Please do your DD. I do not want my posts resulting in financial draw backs (incl opportunity costs) for others. I am incline…
I have posted in the insurance thread that anecdotally I have observed that home, auto, and health insurance premiums are worse for poorer zip codes - that is based on my personal experience of living in different zip codes and also by comparing wit…
Yes, that kind of steep insurance increase is an eye-grabber. Let us know if you are able to confirm a link between the insurance increase and credit. I’m thinking probably not.
My general reading suggests one’s credit score is partially based on t…
I’ll activate the card tomorrow and then quickly charge $100 gas on it just to get an early feel for how things operate: billing cycles, minimum payments, how to make a payment, etc. I’d expect it to be a few more weeks before the project begin…
Agree with @BenWP to an extent. Something more than age here. I’m not medically trained, but the man did not look well. Did not sound well. More then a simple question of age. Was this just a “one-off? Let us pray.
