Is the stock market going to tank?

[Cono Este]

I am formally declaring, a POUND THE TABLE, DOUBLE FISTED BUY on January vol and beyond.

POUND THE TABLE



This is a hedge against amzn, google, Tesla, coin and some other shit I’m up on.


Disclaimer, I am a washed up athlete with two bad shoulders, and some willmsay was a decent trader at one point in my life. Back when we yelled at each other. Blame them

[Muffcabbage]

Don't hurt your shoulders patting yourself on the back.

[Cono Este]

I’m sorry, would you like me to bullshit everyone instead?

I don’t fuck around with peoples wallets, I post my trades, and I will pat myself on the back unless you can find one bad piece of advice I’ve given in this thread since it began.

[Kevo]

Anyone following the latest in the GME saga?

LeeLau- are you holding any GME this time around?

[LeeLau]

Anyone following the latest in the GME saga?

LeeLau- are you holding any GME this time around?

Sadly no. I find it hilarious but the short interest isn't there.

Like Cono I've been selling volatility but via meme stocks with high IV. My current favourite is AMC spreads

[Hopeless Sinner]

Taking advantage of the run up in AAPL by selling shares in my YOLO account which was 100% AAPL, and putting the proceeds in US Stock Index Fund.

[CascadeLuke]

Anyone raging in the yeildmax game? High yield option ETFs
Took a fair position in a few to feel it out and been stoked. Gnarly returns realized. Now in the process of exiting growth & bonds to go yolo on income dividends.

[gravitylover]

Suggestions for good ones?

[CascadeLuke]

I’ve been happy with MSTY, CONY, ULTY, and AMZY. Taking additional positions and entering NVDY. Pretty soon they’ll come out with inverse on some of these for a hedge. Then I’ll do the sandwich with NVDY, MSTY, and CONY as the underlying upside maybe at risk. Owning upside and downside in the volatility will be wise when it comes to dividend [on option premiums].

[boltonoutlaw]

T
MO
BTI

[LeeLau]

T
MO
BTI

In T at 20s which is obviously down a bit. The covered calls + dividend works out to a little over 10% which is nice. Down 13% from cost base isn't so nice. There's no shortage of decent cash flow fat yields out there

Having said that savings accounts cash pays 6% so they have to compete

[Mazderati]

Who has 6% savings accounts?

[Kevo]

Who has 6% savings accounts?

Based on current data, nobody- https://www.depositaccounts.com/

[goldenboy]

Based on current data, nobody- https://www.depositaccounts.com/

But LeeLau is Canuckistani, my Google search showed some banks there paying 6 or close to it.

[Dantheman]

Who has 6% savings accounts?

No one, but my ufbDirect account is currently paying 5.25%. Pretty good for a fully liquid FDIC insured account.

[byates1]

Usdc at 5.5%

[Mazderati]

Word. Yeah, that's definitely decent in current markets.

[Kevo]

I buy money market mutual funds through my Schwab brokerage account. Keeps me from having to open up random bank accounts and then move money when a given bank lowers their rates.

[LeeLau]

Sorry! Wealthsimple pays 6%. BMO and others match as they have to compete. This is Canadian and where I'm parking cash for now

[406]

Anyone have thoughts on emerging markets doing well next 12 months? Thinking of getting some iShares MSCI Emerging Markets ex China ETF (EMXC).

[Hopeless Sinner]

Anyone have thoughts on emerging markets doing well next 12 months? Thinking of getting some iShares MSCI Emerging Markets ex China ETF (EMXC).

I've only lost in emerging market funds and that was on a long term basis. Not only do you have the usual risk of stocks and stock funds, but the international funds must also contend w currency exchange. I've come to the conclusion that a US stock index fund has plenty of global exposure and that is sufficient.

[rod9301]

It's true that a us fund has plenty of international exposure, but you also have to look at valuation, which is very high in the us and reasonable in emerging markets.

Sent from my moto g 5G using Tapatalk

[406]

I've only lost in emerging market funds and that was on a long term basis. Not only do you have the usual risk of stocks and stock funds, but the international funds must also contend w currency exchange. I've come to the conclusion that a US stock index fund has plenty of global exposure and that is sufficient.

Yeah, that is been my take too and why I was thinking about it, but was also thinking like what Rod said. I could see Mexico and India doing really well.

[singlesline]

Ditto. I know it is not true over all time horizons, but certainly over my working career, the US market has DRAMATICALLY outperformed my international/emerging holdings.

I haven't done it, but I have certainly thought about just eliminating it from my portfolio...it is a global economy, in a value weighted US index, most of the value is in firms that do business globally and most big successful non-US global firms end up trading in US markets.

I wonder if historical justifications for international exposure are just not as relevant anymore given increasing interconnection/globalization.

[4matic]

If and when the tide turns for global assets to outperform it could be decades long. I have an all asset fund that allocates to the space in debt and equity.

Just look at Chinese treasury bonds in the last year.