Starting point and so far:
NASDAQ 11,379.72 + 15.93%
S&P 500 3,431.28 +11.07%
Dow Jones 28,308.46 +9.27%
Igy’s dignity double down at 2/28/2021. Will it get better?
Starting point and so far:
NASDAQ 11,379.72 + 15.93%
S&P 500 3,431.28 +11.07%
Dow Jones 28,308.46 +9.27%
Igy’s dignity double down at 2/28/2021. Will it get better?
Dr. Racket wrote:
agip wrote:
USA +3
China -1
Noted
Miracle on Rice
Ghost of Igloi wrote:
Starting point and so far:
NASDAQ 11,379.72 + 15.93%
S&P 500 3,431.28 +11.07%
Dow Jones 28,308.46 +9.27%
Igy’s dignity double down at 2/28/2021. Will it get better?
Long way to go to the end of the year, and I’ll admit I’m not confident I’ll win this one, but after six months I’m still hanging in there... go big tech!
doc idiot wrote:
Ghost of Igloi wrote:
Starting point and so far:
NASDAQ 11,379.72 + 15.93%
S&P 500 3,431.28 +11.07%
Dow Jones 28,308.46 +9.27%
Igy’s dignity double down at 2/28/2021. Will it get better?
Long way to go to the end of the year, and I’ll admit I’m not confident I’ll win this one, but after six months I’m still hanging in there... go big tech!
Yeah, go big tech!
Taking a bit of a sell-off last few weeks, for sure.
My hunch is we will look back on this as one of those rare attractive points of entry that this sector has offered up so seldom. But even if that proves to be true, where is that entry point? Have we reached it yet?
Tough to say.
I've increased my small cap exposure as the short to midterm looks particularly attractive there, so there's that.
We'll see.
Biggest challenge is not the validity of big tech, but simply the market weight requiring someone to carry the load. I suppose most recently that was Tesla. Anyway that is the way I look at it; not the pundit filled inflation debate of late.
seattle prattle wrote:Yeah, go big tech!
...
My hunch is we will look back on this as one of those rare attractive points of entry that this sector has offered up so seldom. But even if that proves to be true, where is that entry point? Have we reached it yet?.
I took some of my dry powder and set it on fire Thursday, converting it to some Qs, but still I big pike under the mattress, in line with my expectation of a fairly big drop ahead.
a big pile, not I big pike, stupid fat fingers...
Igy, professore agip suggests this piece for you.
It shows how high interest rates really aren’t a problem for stocks, usually. Some of the biggest rallies have taken place in times of fairly high rates. So if rates go from 1 to 2 percent for us...not a huge problem.
https://awealthofcommonsense.com/2021/02/what-if-interest-rates-dont-matter-as-much-as-we-think/
Starting today, down from all time highs
BTC -18%
Tesla -25%
ARKK -19%
Sp500 -3.5%
Emerging -7%
Looks like my selling of Bitcoin, Tesla, weed stocks, and Chinese EV stocks prompted a rally.
All up nicely in pre trading.
I did not know I had such an influence on the market.
The Unkle wrote:
Looks like my selling of Bitcoin, Tesla, weed stocks, and Chinese EV stocks prompted a rally.
All up nicely in pre trading.
I did not know I had such an influence on the market.
buy them back before they get too far out of reach. How are you going to feel when it turns out you sold at the bottom and it steadily climbs to new ATHs?
I bet you hesitate here but end up buying in a few days when you may be missing out on some solid rebounding.
Holding onto the day's gains into the close is a nicely bullish sign.
Guardedly optimistic about this.
So the scary bond thing is all over. False alarm. Oops!
agip wrote:
Igy, professore agip suggests this piece for you.
It shows how high interest rates really aren’t a problem for stocks, usually. Some of the biggest rallies have taken place in times of fairly high rates. So if rates go from 1 to 2 percent for us...not a huge problem.
https://awealthofcommonsense.com/2021/02/what-if-interest-rates-dont-matter-as-much-as-we-think/
Evidently nothing matters, stocks go up, so what else is news?
Seattle,
Bought a Graco X7 paint sprayer for my project. Renting would have been $100/day; this was $294.
Igy
I want one!
Is that quicker, even with all the masking off, than brushing?
Assuming that must be price for a used one.
Seattle,
New is $100 more, this is remanufactured with a one year factory warranty. I painted the body of two smaller house with my son in a long day, brushing and rolling the same would take a week. My son reminded me how tiring standing on a ladder can be. Also, thought renting would take me several days with a sprayer, so rental could be more expensive. Eight years ago I paid $4,500 to have it painted. The siding still looks fine, but the stucco shows the thinly applied coat. I plan to two coat the stucco this time. I am using Sherwin-Williams Duration which should give me ten years. The two houses (no longer own them) I painted ten years ago with my son still look good. Ten years from now I will likely not care, or be dead.
Igy
What I meant to say, is each house body would take a long day. We did one house in 2009 and the other in 2010. I started the masking the day before, working ahead while son sprayed. I would spell him when he tired. I rolled and brushed the trim, which actually took longer.
yes yes yes yes wrote:
The Unkle wrote:
Looks like my selling of Bitcoin, Tesla, weed stocks, and Chinese EV stocks prompted a rally.
All up nicely in pre trading.
I did not know I had such an influence on the market.
buy them back before they get too far out of reach. How are you going to feel when it turns out you sold at the bottom and it steadily climbs to new ATHs?
I bet you hesitate here but end up buying in a few days when you may be missing out on some solid rebounding.
No chance. I have enough money. I will gamble a few tens of thousands but not the 600k or so I had in those investments. I was too stressed and too occupied.