The week begins with a day that is quickly turning into garbage.
Opened well....down, down, down since.ne
Last week was a modest up week for the first time in what seems live forever.
I am back to my lowest values since early 2020.
That Hussman Fund has been lousy for me in the week or so I have held it.
Bought it on the understanding it would show gains on days the market went down.
Instead is has gone down every day whether the market has gone up or down except for Friday when it went up @ 0.25%.
And they gouge you for extra fees if you get out before you have been in for a month or two.
You were warned to stay away from that clunker. It had a negative 5% overall return for the last 10 years while the S & P has had an annuall return of 14.7% over the last 10 years. Get rid of that clunker - it will drain your assets.
That Hussman Fund has been lousy for me in the week or so I have held it.
Bought it on the understanding it would show gains on days the market went down.
Instead is has gone down every day whether the market has gone up or down except for Friday when it went up @ 0.25%.
And they gouge you for extra fees if you get out before you have been in for a month or two.
You were warned to stay away from that clunker. It had a negative 5% overall return for the last 10 years while the S & P has had an annuall return of 14.7% over the last 10 years. Get rid of that clunker - it will drain your assets.
HSGFX +15.65% YTD: “Who cares why it is happening. The truth is that it IS happening. Up for the year - sticking with it.”
That Hussman Fund has been lousy for me in the week or so I have held it.
Bought it on the understanding it would show gains on days the market went down.
Instead is has gone down every day whether the market has gone up or down except for Friday when it went up @ 0.25%.
And they gouge you for extra fees if you get out before you have been in for a month or two.
You were warned to stay away from that clunker. It had a negative 5% overall return for the last 10 years while the S & P has had an annuall return of 14.7% over the last 10 years. Get rid of that clunker - it will drain your assets.
It was up like 16% this year as the market tanked.
The whole idea was to get a fund that would gain value if the market continued to tank.
the twist of course is that while most say the country as a whole is a mess, a near-record high number of people say their own financial situation is good and improving. Ah polling.
You were warned to stay away from that clunker. It had a negative 5% overall return for the last 10 years while the S & P has had an annuall return of 14.7% over the last 10 years. Get rid of that clunker - it will drain your assets.
HSGFX +15.65% YTD: “Who cares why it is happening. The truth is that it IS happening. Up for the year - sticking with it.”
It's down since I jumped in.
When I woud have expected it to be up since the market is down during that period.
Markets jumping... Beginning to think this might be a sustained rally. Possibly not, but we're currently up 7.5% from recent lows...
heh. Market now down on the day but only a smidge.
Dare I say things are starting to feel more normal? The greed and fear index just popped out of extreme fear to just plain old fear. First time in a while.
I think many are waiting for the June 30 PCE number before buying or selling. Place yer bets, gentlemen. Might be too late after June 29.
CNN’s Fear & Greed Index is a way to gauge stock market movements and whether stocks are fairly priced. The index uses seven market indicators to help answer the question: What emotion is driving the market now?
aaaand just as I said things were feeling normal, the mighty SP500 drops 2% in just 90 minutes.
not quite to normalcy yet, clearly
Yeah, what's with that?
I am hearing that Consumer Confidence numbers released this morning indicate a slight cooling, perhaps offset in part by China announcements about easing Covid restrictions. Add to that the fact that this week marks the close of a very volatile quarter and funds are likely rebalancing into the close of the quarter.
Hoping that we don't go any lower than selling off the big gains from last Friday. Even with today's and yesterday's dip, feels like a relief to at least be moderately off of the bottom from a couple of weeks ago,
All eight indexes on our world watch list posted losses through June 27, 2022. The top performer is London's FTSE 100 with a YTD loss of 1.71%. Hong Kong's Hang Seng is in second with a loss of 4.99% and Tokyo's Nikkei 225 is in third with a loss of 6.67%. Coming in last is Germany's DAXK with a loss of 19.6% YTD.
Hussman down again but only by .14%. That is considered a good day for them.
HSGFX +15.51% YTD: “Who cares why it is happening. The truth is that it IS happening. Up for the year - sticking with it.”
What a piece of garbage this has been for me so far.
S+P 500 down 2.0% today. I bought Hussman specifically for days like this, assuming it would make $$ on bad days to counter losses in my other investments.
You did say “investing” was gambling. You put your money on black and the roulette wheel showed red. Once the wheel is spinning makes no sense to worry anymore. 😹
