I guess he lied then, since what I quoted came from his website.
I guess he lied then, since what I quoted came from his website.
Ghost of Igloi wrote:
I guess he lied then, since what I quoted came from his website.
He did not lie about that. Try reading again what you quoted.
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
And Morningstar has a ONE-Star rating (the lowest possible) on your crown jewel - the Hussmann Strategic fund.
Ghost of Igloi wrote:
https://twitter.com/jessefelder/status/1322929278061699072
Fact : global oil demand has been declining for the past two decades and will continue to do so
Another thing about oil - it's not really a great sign when even major oil companies are running for the hills. Look at Shell and BP's long term business plans. Everyone is jumping ship and trying to get on the wind and solar train.
Hey Igy, I have a great investment idea for you actually - coal! You'd love it. It has absolutely no demand, is wildly too expensive, and the industry has been getting obliterated over the past 30 years. It'll make a comeback any minute now though!
Ghost of Igloi wrote:More importantly Morningstar has a Five Star rating on XLE with a Low Risk and High Return fund profile.
XLE has been in decline steadily for most of six years. I guess it might turn around eventually.
Buy XLE. Maybe better than lighting your money on fire, but worse than tucking it under the mattress. :-)
Racket and the idiot,
No thanks on coal. I suggest you two be the first two hipsters to fly on an electric airplane. Make sure along with a mask you take a parachute, just in case though.
?
Igy
Sally Vix wrote:
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/riskAnd Morningstar has a ONE-Star rating (the lowest possible) on your crown jewel - the Hussmann Strategic fund.
Sally,
I actually plan to begin my first purchase into HSGFX today. Even on down days it has been up. In regards to the Dow, it is below the level it closed at on 1/26/2018. Did you know that?
Igy
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.
If the market is forward looking, it must be predicting a Trump victory today.
More, if you actually study the subject:
What will the market do Tuesday after close under the following scenarios:
1. Biden wins as expected;
2. Too close to determine right off;
3. Trump pulls the upset again.
I got out of the market on election day in 2016 as I suspected Trump could pull it off and this would cause the markets to tank as the powers that be would throw a hissy fit.
He did pull it off and the Dow futures plummeted. I felt great.
By the time the markets opened on Wednesday, there was no sell-off. Now that surprised me. I still don't get it.
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.
If the market is forward looking, it must be predicting a Trump victory today.
Are futures down substantially?
Racket wrote:
Ghost of Igloi wrote:
https://twitter.com/jessefelder/status/1322929278061699072Fact : global oil demand has been declining for the past two decades and will continue to do so
Fact: today MSFT +0.28%, QQQ +0.63 and XLE +1.98%
A rising tide floats all boats.
Update: MSFT -2.23% QQQ -0.84%. XLE +3.10%
Have you got enough Kleenex?
Ghost of Igloi wrote:
Update: MSFT -2.23% QQQ -0.84%. XLE +3.10%
XLE up 4.1% now - good call Igy
Thanks agip, but a Blue Wave will likely have it headed south until late spring. If so, I plan to keep adding to the position.
Bought QQQ.
agip wrote:
Ghost of Igloi wrote:
Update: MSFT -2.23% QQQ -0.84%. XLE +3.10%
XLE up 4.1% now - good call Igy
lol yeah just don't look at anything other than 1 day chart
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