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.
Question: is there a correlation between 10 year treasury yield to the rest of bond market? This past week there is a pullback on IG bonds.
That’s for @catch22 to answer.
But since I mentioned the 10-year Treasury …. Mortgage rates set by bank…
I always received in the 'comments' section.................'talks to much' or similar …
What an anachronism! You’re really dating yourself with that expression. In addition, your teacher wasn’t a very good speller. :) But, yes I remember the “tal…
I didn’t listen to former Congressman Meijer. But I’ve checked and found him to be a good guy. He lost to a MAGA Republican, having been 1 of 2 Michigan Rs to vote for impeachment.
Not sure whether or not the “alien” comment was intended tongue-in…
+1 - But that’s the way things are. At a very personal level I have in the past enjoyed plunking down an occasional $5 or $10 on the outcome of an NBA game I planned to watch in real time. (Kinda lost interest lately.) So perhaps I’m being hypo…
Kinda saw this coming …
Former Congressman Wonders if the U.S. Has Shot Down an Alien UFO
"The irony of confusing an alien spacecraft for a weather balloon would be amazing but not worth starting an interstellar conflict," the former congressman a…
Thanks for the insights @msf. Not much desire here to read M* analytics - especially after reading your take. As some might remember, I long held some money directly with Oppenheimer, then was moved to Invesco after the buy-out, and finally trans…
“All of the objects are similar in certain ways and then dramatically different in certain ways. What we don’t yet understand is what sorts of technology are in there”
Yikes!
Most likely … Space debris, Unspent boosters, Weather balloons, Refl…
”Note that the reports from main-line news sources make no mention of any unusual attributes regarding the object.”
Thanks OJ - CNN isn’t the most reliable source. And I was “half-listening” to the on-air reporting late this anfternoon and may no…
”Same manager since 1997” Thanks for the follow through Yogi. Very interesting.
Somewhere I heard this fund was more volatile than most but also more profitable. I’ll confess to often reading a forum that’s quite focused on gold / miners. And …
CNN is reporting …
- Pilot accounts differ. Some claim it interfered with their radar & instrumentation. Some dispute that,
- Moving very fast, cylindrical shape
- No discernible propulsion system
- Able to stop and hover in mid-air / change…
Resurrecting very old thread … Sorry for any confusion. Consider this “an oldie goldie”.
Can’t read Morningstar’s “analyst ratings” because I don’t subscribe. But they offer a tantalizing opening bit of their write-up for free. Here’s the lead-in…
”Forsyth in last week's Barron's also had a warning on them.”
Yes. I caught that. Suppose it’s like anything else. Will work until it doesn’t any more. Fortunes may be made and fortunes lost before it’s all over. I think the relevance to myself and…
@yogibearbull - Thank you for the correction. You are correct that the term flash-crash doesn’t fit what happened in October ‘87. I’ve attached an excerpt from Investopedia that more correctly defines flash-crash. I continue to learn so much here.
…
“I've had to cancel a small exchange between funds, 2 days in a row… “
Goodness. I must confess to cancelling a small sell order myself on one of my funds at Fido about 10 minutes before today’s close. Great minds think alike.
Good thoughts from @catch22. Generally people’s time horizon seems to have grown shorter in recent years. We live in an age of “instant everything.” There’s a lot in Barron’s this week about the frenzied buying and selling of ”end-of-day options”…
“Planes Came Within 100 Feet of One Another”
Just shocking. Yes - control tower error. But ISTM the one landing should have been able to detect the other one earlier than that visually or on radar. But just the opinion of an uninformed observer…
+1
Since my OP I’ve seen reports of anywhere from 25% - 40% of stocks held in AAPL. So the 40% I mentioned earlier might not be correct. Not sure. Lots of cash - ISTM in the 20-25% range as a % of portfolio. Of course there are delays in repor…
Probably March 1 if 2021's is any guide.
Thanks LB / “Dated” by the time you receive it …
Just tried PRWCX (although no longer own it). Same deal - nothing yet available beyond their June semi-annual report. Feeling confused befuddled err … “ru…
Thanks @Mark - Excellent piece.
One news report alluded to military U-2s circling the balloon while over the country. LOL - We used those in the 60s before satellites became common to spy on Russia. Very high ceiling. Had no idea they were still i…
In support of @JD_co I do think it’s “unhealthy” for your investments to be constantly tinkering or to buy / sell anything based on something you read or heard recently or some “hunch” gleaned from the media talking heads. Additionally, not everyo…
Today is a prime example of why its best not to watch the stock market daily, let alone intra-day. It's simply not healthy.
Thanks. It certainly wasn’t my intent to make people sick with the post or the Rubenstein / Powell summary. Will try to be …
David Rubenstein (Bloomberg) preempted Powell’s speech by interviewing Powell in front of an audience at 12:45. Really pressed him on a number of issues. Especially the 2% inflation target. Near as I can recall, Powell said it was a firm target. He…
@Derf, I agree with @Old_Joe. First time at this - better to drop it over water. If another one comes by I think we’ll probably be ready to snag it in mid-air or override its controls and land it at Langley.
Thought folks might enjoy Ed Wynn’s hil…
I think military / national security decisions should be left to the national security agencies and the military chain-of-command, including the President and his Defense Department advisors. The R’s bitching about the balloon don’t know piddly s*…
Great analysis everyone. To support Mark’s point, Berkshire is not a mutual fund. Were it one, its valuation (NAV) would closely correlate with its holdings and AAPL’s effect on price would be more apparent. Instead, the stock is bought and sold on …
”I liked the "old" Barron's far better. I could leisurely mull over the articles all weekend … Unfortunately, I can't even get the print edition delivered at my house anymore. Now it is mailed so it doesn't arrive until Tuesday some weeks.”
Not in …
”Not for the timid.”
Hell no. Nearest thing to gambling available under the guise of “investing” I know of. Getting burnt badly a few times is probably part of the game. To demonstrate what can happen, following are the M* returns over a bad 3 yea…
Interesting. The numbers on gold & silver appear incorrect. Gold finished at $1865.19 and silver at $22.36 Friday according to Bloomberg. But the linked chart is showing their current values a bit higher than Friday’s close while at the same t…
@0ld_Joe,
Your initial remark here was “I can't help but wonder what "information" it supposedly acquired that was so important that their satellite systems couldn't see.”
I took time to run down and post for your benefit and for that of other p…
Ouch! I must say his (print) recommendations late in December to buy BCAT and GUG has panned out. Both have done nicely since that article published. Up roughly 10% each. And he does not, as a rule, generally promote individual securities.
@yogibearbull - Thanks for a comprehensive answer. From your following remark it sounds like the article might have appeared online before the end of the trading week: ”Weekend Barron's articles start trickling in at Barron's Online about midweek”.…
@yogibearbull - Do you know the earliest time on Friday Barron’s might be available to select readers? I watched a mining stock Friday hoping to catch it on a decline. But it lost very little compared to most. I just discovered it’s one of 3 miner…
The Following excerpted from source
”What might it be spying on? According to Layton*, the suspected Chinese balloon is likely collecting information on US communication systems and radars. “Some of these systems use extremely high frequencies tha…
