3% daily move in big picture is nothing. I bought BXMT and have an open order for PAXS. PLTR in the low 20’s is interesting
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3% daily move in big picture is nothing. I bought BXMT and have an open order for PAXS. PLTR in the low 20’s is interesting
Vix at 40 is a historical sell/mkt buy. trying to unload a little but vanguard is down. I’m not selling it all because we gapped and I think there is enough risk on in the wrong places to be a catalyst to a liquidity/capitulation event.
Wish me luck.
funny:
"Due to a technical issue, some clients may have difficulty logging in to Schwab platforms and may have difficulty reaching us by phone. Please accept our apologies as our teams work to resolve the issue as quickly as possible."
Seems like a MAJOR fail. Guess I will not be doing any buying today.
We're still not down to the May 1st level. You know what they say about timing the market... :DQuote:
Originally Posted by Bunion 2020
That's really all we can do. :DQuote:
See where it goes from here.
I say oct 2023 low. Or, that’s my prediction. I’m not buying a fucking thing before.
What's driving the Nikkei into the red? I've seen the Yen getting hammered this past year. But honestly haven't been paying much attention. Does that mean I should go hit up Hokkaido next January?Quote:
Originally Posted by Kevo
yen depreciation is already driving a hudge tourism increase. If you do go, pick tohoku over hokkiado to avoid the crowds of aussies and chinese.
Vanguard went down too. Conspiracy? or just high volume crashing sites?Quote:
Originally Posted by 406
You selling more of it? Midas whale right?Quote:
Originally Posted by LeeLau
thought the same thing.Quote:
Originally Posted by skaredshtles
Saw everyone posting about bloodbaths and recession and whatnot. From one bad jobs report? WTF? And then I went to look and the DOW/S&P/NASDAQ are all down between 2-3%, which is obviously not good but hardly a market crash. Goddam are people overreacting or am I missing something?
people are cattle and it don’t take much ta get teh herd ta stampede…
Quote:
Originally Posted by 406
Quote:
Originally Posted by Name Redacted
https://www.washingtonpost.com/busin...-trading-down/
Dont know how accurate.Quote:
Originally Posted by Toadman
Attachment 497573
If you ask a Republican they'll tell you we have been in a recession since the day Biden took office. Sorry. (PollyAsshat. My bad)Quote:
Originally Posted by Danno
But yeah, the fed is about ready to start dropping rates, that should help boost some stocks I would think. But really, do people think this shit will really last forever?
Fed fears inflation more than recession. They are out of bullets.
every boomer is clutching their purse right now hoping for a solid bail out by the gov't so they can keep living their best life after all that boot strap pulling they've done ya know riding the greatest wave of economic prosperity everQuote:
Originally Posted by Danno
you are not missing anything
people love fear
some of us just keep on keeping on
The great taking.Quote:
Originally Posted by 406
So it's finally time to fight the fed? Wear GoPro, post footie.Quote:
Originally Posted by Cono Este
It's a bull market for macro charlatans
In stock news: Google lost the Federal Antitrust Case. Judge says company is a ‘Monopolist’
I wasn't timing the market. I am at my number for retirement and with MMs paying 5% and all and my feeling that the markets were over priced I did the sell in May and go away.Quote:
Originally Posted by skaredshtles
Ah - carry on. You just made it sound like you were trying to time the market with the "kicking myself" comment.Quote:
Originally Posted by Bunion 2020
I'm cash/MM heavy now too and keeping an eye out for deals–lots of things haven't even hit their 6mo lows yet so still waiting a few more days. Eg. Apple is still up 20% from March and VTI is still up 20% from last October so a bit to fall before this is my dip. But maybe I will start a spread this week.Quote:
Originally Posted by Bunion 2020
Not financial advice lmao. Of course time-in >> timing
I try not to even look or follow closely but with the rise since 5/1 it was difficult not to, except that I was pretty sure I was right.Quote:
Originally Posted by skaredshtles
Again, time will tell if its a blip a correction or a true sell off.
I got out almost completely early in the pandemic, and despite being wrong about the direction of the market, I slept really well for a *long* time. :DQuote:
Originally Posted by Bunion 2020
Peace of mind is very under rated.