Come on Igy, you can do more than just make unsupported judgments. Don’t push me to everyone else’s side! I love you, man
Come on Igy, you can do more than just make unsupported judgments. Don’t push me to everyone else’s side! I love you, man
Love you too Maserati. Did you see my post on the personalized license plate on a Maserati I passed? In case you missed it: WIFEMAD.
Yep, I saw it.
My wife is also insane...in the best possible way😁
I just looked at HSGFX holdings. What can I say that won’t get censored by the site? It looks like a real buck-toothed ret@rd of a fund.
I think I’ll spell out HSGFX next time before I flush.
😹
Looks like we are in for a rough week.
The heck just happened to bonds? At 1:00 pm they fell hard in price .
1.48 to 1.55 pretty quick…..
agip wrote:
The heck just happened to bonds? At 1:00 pm they fell hard in price .
30 Year Bond Auction results.
anyone know how to find that stat showing what the market thinks the likelihood of a rate rise is?
I'm wondering if people are starting to think 1Q might have a surprise rate rise.
I was thinking the same,....
Commentary from the Russian source 😂:
https://www.zerohedge.com/markets/we-have-tantrum-30-year-treasury-auction-catastrophic
not sure if this updates in real time but it suggests an 18% chance by end 1Q
that's not nothing. I'm wondering what the change in perceptions is rather than the actual percent likelihood.
https://www.cmegroup.com/trading/interest-rates/countdown-to-fomc.html#
Here's a wild stat:
Today's performance after the big inflation number:
Vanguard Tech Fund: -2.0%
Schwab Dividend Fund: +0.1%
Those higher interest rates do mess with a cash flow discount model.
But really...tech companies have pricing power, right? Seems to me this kind of reaction is overrated and will not hold.
Ghost of Igloi wrote:SARK (anti-ARKK) started trading yesterday. Good timing?
Oooohhhh, that's sounds interesting!
"SARK offers investors of all sizes and types convenient "one-ticker" access to a short vehicle that may otherwise be difficult to execute on their own. SARK is an actively managed exchange traded fund that attempts to achieve the inverse (-1x) of the return of the ARK Innovation ETF (NYSE Arca: ARKK) for a single day, not for any other period."
If you believe this is a bubble, one might believe Cathie Wood is the poster girl for hipster cool investments. Evidently Tuttle thinks so.
I put in a limit buy at 30.65…..got close to execution…..
agip wrote:
Here's a wild stat:
Today's performance after the big inflation number:
Vanguard Tech Fund: -2.0%
Schwab Dividend Fund: +0.1%
Those higher interest rates do mess with a cash flow discount model.
But really...tech companies have pricing power, right? Seems to me this kind of reaction is overrated and will not hold.
I hope you are right,
That logic i heard, and I'm sure you are familiar with, is that since growth stocks like tech companies are premised on returns out in the future rather than what they have in stock and if the cost of borrowing is going to go up, it will hurt them more relative to a company with some backlog of orders and inventory already moving steadily off the shelves.
Another way to look at it is maybe it is just an opportunity to take profits, and no better place to do that except in those with big run-ups, hence tech.
Another story stock bites it, BYND down 15% in aftermarket, down over 60% from its high.