Racket wrote:
agip wrote:
XLE up 4.1% now - good call Igy
lol yeah just don't look at anything other than 1 day chart
every Monday I'll do an index update with VTI, QQQ, XLE, CXSE, and any other ETF that is suggested.
1m, 3m, 12m
Racket wrote:
agip wrote:
XLE up 4.1% now - good call Igy
lol yeah just don't look at anything other than 1 day chart
every Monday I'll do an index update with VTI, QQQ, XLE, CXSE, and any other ETF that is suggested.
1m, 3m, 12m
Big Dog Investments wrote:
Bought QQQ.
i've been transitioning into XLK, which is similar but focused exclusively on Technology. Specifically, it is the Technology Select Sector SPDR ETF.
once again, when the VIX hits 35 or 40, don't ask questions - buy.
Six of eight indexes on our world watch list posted losses through November 2, 2020. The top performer is China's Shanghai with a gain of 5.74%. Our own S&P 500 is in second with a gain of 2.46% and in third is Tokyo's Nikkei 225 with a loss of 1.53%. Coming in last is London's FTSE 100 with a loss of 25.02%.
agip wrote:
once again, when the VIX hits 35 or 40, don't ask questions - buy.
I don't see how this is a losing strategy in any way...
Everytime this happened since February, if you bought in you made money.
seattle prattle wrote:
Big Dog Investments wrote:
Bought QQQ.
i've been transitioning into XLK, which is similar but focused exclusively on Technology. Specifically, it is the Technology Select Sector SPDR ETF.
To be honest, I bought this based on Igy’s “recommendation”. I’ve done pretty well doing that kind of thing.
agip wrote:
once again, when the VIX hits 35 or 40, don't ask questions - buy.
Why did you pick 35-40? I know someone who says the same thing, and he also said 35 as an entry point.
I think I will try that next time. All I got this time around was a few more miners.
Maserati wrote:
agip wrote:
once again, when the VIX hits 35 or 40, don't ask questions - buy.
Why did you pick 35-40? I know someone who says the same thing, and he also said 35 as an entry point.
I think I will try that next time. All I got this time around was a few more miners.
just looking at history. things get interesting at vix 25, very interesting at vix 30 and buy buy buy at 35 and above. Just look over a multi-year chart.
in the past many years it's been a winning strategy.
that said, I don't always have to courage to use this strategy. I wrecked my whole 2020 dumping corporate bonds near the peak of the bear market in April despite a massively high vix. I got scared, forgot the lessons of 2009 (the fed will save bonds) and panicked.
Big Dog Investments wrote:
seattle prattle wrote:
i've been transitioning into XLK, which is similar but focused exclusively on Technology. Specifically, it is the Technology Select Sector SPDR ETF.
To be honest, I bought this based on Igy’s “recommendation”. I’ve done pretty well doing that kind of thing.
Me too, by doing the opposite of you. Up 25% in three weeks.
https://www.zerohedge.com/markets/jpmorgan-sees-sp-tumbling-2500-case-blue-wave-surging-3900-if-red-waveseattle prattle wrote:
Big Dog Investments wrote:
Bought QQQ.
i've been transitioning into XLK, which is similar but focused exclusively on Technology. Specifically, it is the Technology Select Sector SPDR ETF.
i would be interested to hear what JP Morgan has to say but not as told by ZeroHedge.
seattle prattle wrote:
i would be interested to hear what JP Morgan has to say but not as told by ZeroHedge.
Russia told JP Morgan what to say. Trying to scare Biden voters, I am sure. ??
Swaglord_the_real_one_1_1 wrote:
agip wrote:
once again, when the VIX hits 35 or 40, don't ask questions - buy.
I don't see how this is a losing strategy in any way...
Everytime this happened since February, if you bought in you made money.
I mean, it's sort of a fancy way of saying buy the dip, which has indeed worked well since...1935?
https://www.jpmorgan.com/securities/insights/markets-spot-a-blue-waveseattle prattle wrote:
i would be interested to hear what JP Morgan has to say but not as told by ZeroHedge.
^one of two things, the report Racket posted in more than two weeks old, or the one Igy posted is Russian disinformation....you decide
In the meantime:
Ghost of Igloi wrote:
Big Dog Investments wrote:
To be honest, I bought this based on Igy’s “recommendation”. I’ve done pretty well doing that kind of thing.
Me too, by doing the opposite of you. Up 25% in three weeks.
I thought you bought XLE. What did you buy that is up 25% in three weeks?
Good 1st 2 days this week.
For my own piece of mind, I sold all my Covid stock (made @ $190k on a $200k investment this year) and ditto on Nio stock (made @ $11k on an $80k investment in two weeks or so).
Will view the next 3 days and then decide what to do.
Ghost of Igloi wrote:
https://www.zerohedge.com/markets/jpmorgan-sees-sp-tumbling-2500-case-blue-wave-surging-3900-if-red-waveseattle prattle wrote:
i've been transitioning into XLK, which is similar but focused exclusively on Technology. Specifically, it is the Technology Select Sector SPDR ETF.
I find JP Morgan's report concludes (thank you, Racket), and I quote, "But the various elements of the Democratic platform taken together will likely result in neutral, or even slightly positive impacts on economic growth and markets, on net." How ZeroHedge musters a claim like they do in their headline, i don't know and don't care.
wondering wrote:
Ghost of Igloi wrote:
Me too, by doing the opposite of you. Up 25% in three weeks.
I thought you bought XLE. What did you buy that is up 25% in three weeks?
TECS and SPXS, sold it all last week and Monday.
seattle prattle wrote:
Ghost of Igloi wrote:
https://www.zerohedge.com/markets/jpmorgan-sees-sp-tumbling-2500-case-blue-wave-surging-3900-if-red-waveI find JP Morgan's report concludes (thank you, Racket), and I quote, "But the various elements of the Democratic platform taken together will likely result in neutral, or even slightly positive impacts on economic growth and markets, on net." How ZeroHedge musters a claim like they do in their headline, i don't know and don't care.
Biden win 15-20% higher corporate taxes. Pretty easy math, sorry.