agip wrote:
China (CXSE):
1m: +6
3m: +12
12m: +44
Top holdings are Tencent and Alibaba - those are indeed probably safe bets. I wonder if there's a Russell 2000 equivalent for China.
agip wrote:
China (CXSE):
1m: +6
3m: +12
12m: +44
Top holdings are Tencent and Alibaba - those are indeed probably safe bets. I wonder if there's a Russell 2000 equivalent for China.
Racket wrote:
agip wrote:
China (CXSE):
1m: +6
3m: +12
12m: +44
Top holdings are Tencent and Alibaba - those are indeed probably safe bets. I wonder if there's a Russell 2000 equivalent for China.
Yeah that and because CXSE doesn't buy shares of state-owned businesses, you avoid some zombie companies and those ridiculous banks.
I have bought two position in XLE on 10/2 and 10/28, up 2.20%. If there is a Blue Wave I do think it will struggle, but pick-up once Covid 19 is less of an issue. Any general market decline will be less of an issue for XLE with the smallest weighting in the S&P 500 at about 2%.
You are indeed a contrarian.
Johannes wrote:
You are indeed a contrarian.
I suppose we’ll know how contrarian over the next week.
Ghost of Igloi wrote:
Johannes wrote:
You are indeed a contrarian.
I suppose we’ll know how contrarian over the next week.
We already know. The WS consensus is “avoid”, but you are buying. That is the very definition of contrarian.
Johannes wrote:
Ghost of Igloi wrote:
I suppose we’ll know how contrarian over the next week.
We already know. The WS consensus is “avoid”, but you are buying. That is the very definition of contrarian.
OK.
More importantly Morningstar has a Five Star rating on XLE with a Low Risk and High Return fund profile.
In case anyone missed this:
https://thefelderreport.com/2020/09/30/its-time-to-get-greedy-in-the-energy-sector-part-deux/
Ghost of Igloi wrote:
More importantly Morningstar has a Five Star rating on XLE with a Low Risk and High Return fund profile.
https://www.morningstar.com/etfs/arcx/xle/risk
You’re in good company.
Last week was bad.
Worried about the upcoming week.
Will the market tank if Trump pulls the upset again or if the election cannot be decided within a day or two?
Actually a Blue Wave is likely to be the worst for market outcome, and some mix of divided government the best outcome. That said, over the next week, flip a coin.
Ghost of Igloi wrote:
Actually a Blue Wave is likely to be the worst for market outcome, and some mix of divided government the best outcome. That said, over the next week, flip a coin.
I disagree. A blue wave guarantees a generous stimulus bill which the market would love. Whoever wins the presidency won’t matter since both candidates favor a significant stimulus, though maybe Trump will change his mind since he won’t need to buy any votes at that point.
Johannes wrote:
Ghost of Igloi wrote:
Actually a Blue Wave is likely to be the worst for market outcome, and some mix of divided government the best outcome. That said, over the next week, flip a coin.
I disagree. A blue wave guarantees a generous stimulus bill which the market would love. Whoever wins the presidency won’t matter since both candidates favor a significant stimulus, though maybe Trump will change his mind since he won’t need to buy any votes at that point.
No stimulus until a new Congress and President sworn in. Senate will oppose stimulus until Democrats gain control, Trump will give zero wins to Democrats until out of office. The Green New Deal is a boondoggle, and corporate taxes will go up 10-20% under a Blue Wave, both more than negating any market advantage. Anyway, stimulus will end at some point, and whoever is in power has a Hell of an economic problem. Most overvalued stock market in history. Good luck with your rosie path forward narrative, though.
P.S. The stimulus to relation trade would just mean oil prices move significantly higher, the original opposite slant of your troll.
Ghost of Igloi wrote:
Johannes wrote:
I disagree. A blue wave guarantees a generous stimulus bill which the market would love. Whoever wins the presidency won’t matter since both candidates favor a significant stimulus, though maybe Trump will change his mind since he won’t need to buy any votes at that point.
No stimulus until a new Congress and President sworn in. Senate will oppose stimulus until Democrats gain control, Trump will give zero wins to Democrats until out of office. The Green New Deal is a boondoggle, and corporate taxes will go up 10-20% under a Blue Wave, both more than negating any market advantage. Anyway, stimulus will end at some point, and whoever is in power has a Hell of an economic problem. Most overvalued stock market in history. Good luck with your rosie path forward narrative, though.
The market is forward looking. Knowing a stimulus is a lock will give the market a huge boost.
Also, Biden does not favor the GND.
OK.
Johannes wrote:
Ghost of Igloi wrote:
No stimulus until a new Congress and President sworn in. Senate will oppose stimulus until Democrats gain control, Trump will give zero wins to Democrats until out of office. The Green New Deal is a boondoggle, and corporate taxes will go up 10-20% under a Blue Wave, both more than negating any market advantage. Anyway, stimulus will end at some point, and whoever is in power has a Hell of an economic problem. Most overvalued stock market in history. Good luck with your rosie path forward narrative, though.
The market is forward looking. Knowing a stimulus is a lock will give the market a huge boost.
Also, Biden does not favor the GND.
From Joe’s own website, so you are wrong:
“Joe Biden knows there is no greater challenge facing our country and our world. That’s why he is outlining a bold plan – a Clean Energy Revolution – to address this grave threat and lead the world in addressing the climate emergency.
Biden believes the Green New Deal is a crucial framework for meeting the climate challenges we face. It powerfully captures two basic truths, which are at the core of his plan: (1) the United States urgently needs to embrace greater ambition on an epic scale to meet the scope of this challenge, and (2) our environment and our economy are completely and totally connected.”
Ghost of Igloi wrote:
Johannes wrote:
The market is forward looking. Knowing a stimulus is a lock will give the market a huge boost.
Also, Biden does not favor the GND.
From Joe’s own website, so you are wrong:
“Joe Biden knows there is no greater challenge facing our country and our world. That’s why he is outlining a bold plan – a Clean Energy Revolution – to address this grave threat and lead the world in addressing the climate emergency.
Biden believes the Green New Deal is a crucial framework for meeting the climate challenges we face. It powerfully captures two basic truths, which are at the core of his plan: (1) the United States urgently needs to embrace greater ambition on an epic scale to meet the scope of this challenge, and (2) our environment and our economy are completely and totally connected.”
“I don't support the Green New Deal. I support the Biden plan that I put forward, which is different than what (Trump) calls the 'radical' Green New Deal." - Joe a Biden, 9/29/2020
Is there a rule against attaching a helium balloon to yourself while running a road race?
Am I living in the twilight zone? The Boston Marathon weather was terrible!
How rare is it to run a sub 5 minute mile AND bench press 225?
Move over Mark Coogan, Rojo and John Kellogg share their 3 favorite mile workouts
Mark Coogan says that if you could only do 3 workouts as a 1500m runner you should do these
Red Bull (who sponsors Mondo) calls Mondo the pole vaulting Usain Bolt. Is that a fair comparison?