For Sally and all the BAH investors; a lesson on compounding and how the markets really work:
For Sally and all the BAH investors; a lesson on compounding and how the markets really work:
Ghost of Igloi wrote:
https://mobile.twitter.com/hussmanjp/status/1140697006396071936
it's true - the russell 2k is down 12% from its highs...spx down just 2% from its highs.
not bullish, that.
Up 9%. Not bad.
RIP yields on the 10 year.
Interesting, more so than stocks. Historical low was 1.365% from July 2016. Showing 2.027% this morning; 3.34% in December I believe. Driven by Draghi easing comments and Fed meeting.
Yes. I thought of buying some back above 3, but the yield wasn’t proportionate to the term. 10 years seems like an eternity at this point.
S&P futures up nicely, which of course means little.
Just sww on CNBC they were talking BYND.
I didn’t buy, but under my “vanity stocks” theory I explained on here 2-3 years ago, I recommended to a rich vegan friend to buy, which she didn’t.
I get texts from her every time it’s in the news, asking me if she should buy now. I have avoided the question :)
wow these V shaped recoveries. Neck snapping.
Just algos I know, but man the fear of missing out is palpable.
every time the market falls to the 200 day more people drop out...then have to buy back two weeks later at times like today.
vicious, absolutely vicious for people trying to use some risk control.
But still...in a trading range market for 1.5 years.
Maserati wrote:
Just sww on CNBC they were talking BYND.
I didn’t buy, but under my “vanity stocks” theory I explained on here 2-3 years ago, I recommended to a rich vegan friend to buy, which she didn’t.
I get texts from her every time it’s in the news, asking me if she should buy now. I have avoided the question :)
BYND has like 50% open short interest lol. Most of those shares are poised for epic destruction, not long term investment.
I don't post here much anymore, and I likely won't be a regular poster in this thread until something really interesting happens with the stock market.
It is interesting to see all the doom and gloom early on in this thread, that of course was wrong (as I said at the time), and compare it to the reality of today.
Interesting climb today.
Today’s intraday bump is hardly interesting; it is instead totally predictable, predicated on policy, and even muted.
Maserati wrote:
Today’s intraday bump is hardly interesting; it is instead totally predictable, predicated on policy, and even muted.
I will decide what is interesting.
No, you won’t. You gave up that right when you expressed your thoughts in a public forum.
Maserati wrote:
No, you won’t. You gave up that right when you expressed your thoughts in a public forum.
How about each individual decide what is interesting to themself?
I see you still have yet to mature out of your autocratic and dogmatic expressions.
Maserati wrote:
I see you still have yet to mature out of your autocratic and dogmatic expressions.
I started to respond but like responding to a child. Not worth it.
BTW I just gifted that BYND stock I bought for the kids. Still glad I didn’t buy any for myself.
I am hoping they will hold onto it, but I get the sense that one of them already wants to sell 50% of it!
Racket you would be proud. Also Igy—she wants to put that 50% into treasuries.
She’s only 16.
Nooooooooooo!!!!
But that’s the fun of gifting.
Maserati wrote:
I see you still have yet to mature out of your autocratic and dogmatic expressions.
Oh, the irony!