Ghost of Igloi wrote:
What are your sources of conflicting information?
CNBC and TD Ameritrade
Ghost of Igloi wrote:
What are your sources of conflicting information?
CNBC and TD Ameritrade
Your source is likely a day behind:
You can stop wondering now:
They were showing different numbers last night. This morning they are in agreement.
They were a day behind. Hussman HSFGX is a mutual fund, net asset value calculated and reported several hours after market close.
Stopped out of my MJ position.
+30% in a week in the end but gave back some today.
Possibly my best short term trade ever.
MJ down 15% right now.
TLRY down 28%
agip wrote:
Stopped out of my MJ position.
+30% in a week in the end but gave back some today.
Possibly my best short term trade ever.
MJ down 15% right now.
TLRY down 28%
Good for you.
Been busy myself this morning closing out of MJ, THCX, and GEVO (elec. vehicle co,).
Made a little bit overall, not nearly as much as i could have but got greedy,
Wasn't really worth the time for as little as i made.
Damn.
Put $66k into a weed stock lost week.
It had more than doubled by mid morning yesterday.
Now its worth $78k.
Investing in the market. Such a sane and reasonable way to fund people's retirements.
Das Unkle wrote:Investing in the market. Such a sane and reasonable way to fund people's retirements.
The kind of speculation you’ve been telling us about is very high risk, as you well know.
Overall, 74% of the companies in the S&P 500 have reported actual results for Q4 2020 to date. Of these companies, 80% have reported actual EPS above estimates, which is above the five-year average of 74%. If 80% is the final percentage for the quarter, it will mark for the third-highest percentage of S&P 500 companies reporting a positive EPS surprise since FactSet began tracking this metric in 2008. In aggregate, companies are reporting earnings that are 15.1% above the estimates, which is also above the five-year average of 6.3%. If 15.1% is the final percentage for the quarter, it will mark the third-largest earnings surprise percentage reported by the index since FactSet began tracking this metric in 2008.
Das Unkle wrote:
Damn.
Put $66k into a weed stock lost week.
It had more than doubled by mid morning yesterday.
Now its worth $78k.
Investing in the market. Such a sane and reasonable way to fund people's retirements.
Why didn't you pull out when it doubled? That's noice gainz.
I turned 60k into $130k in a week on a weed bet.
Turned back into $60k in 2 days.
Swaglord_the_real_one_1_one_1 wrote:
Das Unkle wrote:
Damn.
Put $66k into a weed stock lost week.
It had more than doubled by mid morning yesterday.
Now its worth $78k.
Investing in the market. Such a sane and reasonable way to fund people's retirements.
Why didn't you pull out when it doubled? That's noice gainz.
Cuz it could have doubled or more again.
You just never know what the market manipulators are planning
The Unkle wrote:
Swaglord_the_real_one_1_one_1 wrote:
Why didn't you pull out when it doubled? That's noice gainz.
Cuz it could have doubled or more again.
You just never know what the market manipulators are planning
So why do you play their game?
Year to Date
GME +178
MJ weed stonks +71
BTC +62
Retail +24
China +21
Energy +18
Vanguard momentum: +18
TSLA +16
Emerging +12
VB +12
Hussman +8
Tech +8
Cons. Disc. +8
Financials +8
USA +7
REITS +5
Value +5
Devlpd Non-USA +5
TIPS 0
Inter Treas -1
Gold -4
VXX -6
Anyone else find it awesome that Hussman is keeping pace with tech ETFs?
Still remarkable that tech isn't leading this rally. That has to be healthy. Says to me that the market is forecasting broad economic recovery over the summer.
I guess we have to say that retail and energy are leading the rally.
Although really it seems that story stocks are leading - amazing numbers being put up.
1 year
Almost lapping the pre-virus peak.
SP500 peaked on Feb 19 2020. So these numbers are going to go up A LOT starting in a week.
Also, astonishing that they are so high already despite GDP falling since.
Cray cray year.
GME +1,150
TSLA +431
BTC +359
China +84
Retail +80%. Shocking.
MJ weed stonks +64
consumer disc +50
Vanguard momentum etf (VFMO) +47
tech +42
small caps +30
emerging +30
hussman +27
usa +23
vxx +17
gold +16
developed non-usa 15
tips +9
inter treas +5
value +6
financials +4
energy -13
Real Estate -5
emerging's lead really starting to firm up now. Esp China.
hussman crushing it
That retail number is amazing. We are up 80% from BEFORE the pandemic. Retailers are worth 80% more than they were worth BEFORE covid. Crazy. I don't understand it. Tsunami of spending coming, probably. The consumer discretionary stat backs that up.
Classic value plays are sucking wind...energy, financials.
We can see TIPS continuing to lead strongly over straight treasuries. Another indicator of coming spending and inflation.
I'm buying that momentum fund every day. Seems that the market is rewarding momentum in a huge, huge way right now. Maybe sell the fund if it breaks some moving average, suggesting the momentum craze is over.
I scratch my head daily. This is undoubtedly the most bizarre economic environment in my lifetime. It is hard to know where to start.
Ghost of Igloi wrote:
I scratch my head daily. This is undoubtedly the most bizarre economic environment in my lifetime. It is hard to know where to start.
In our lifetimes we haven't seen 6% or 8% GDP growth with rock bottom inflation rates and no real fear of inflation.
Normally a fast growing economy will have a stock market terrified of rising rates and inflation.
We'll have the euphoria of fast growth without the fear of higher rates and inflation.
It's nirvana squared.
Shouldn't be surprising to see stocks break some past patterns given this new scenario,
Really? That is an awful lot of unmentionables to justify where we are at. But, OK. We will see how that weathers as the year goes on.
wondering wrote:
The Unkle wrote:
Cuz it could have doubled or more again.
You just never know what the market manipulators are planning
So why do you play their game?
Becuz if you put $66k into a safe bond or CD a year later you have $66k.
It's just gambling.