Unlike Madame Lagarde I am not riveted to staying the course. Tactically sold some of the shorts I bought recently. I will likely buy back in as tide goes out, today, next month? EM CEFs at recent highs, balancing out some of the loss on the short side. may move some of the cash int o HSGFX if we are trending toward the lows at the close.
good on youse.
If I were you I'd just buy short term bonds, get your 5% and be happy. That's a massive interest rate for a low-risk investment.
I am holding the short term bonds bought back when we started discussing them a few months ago, and happy that they are out of the red, in addition to the dividend payments accrued recently.
Bigger picture, though, I am betting on tech. and have been steadily buying back the relatively small portion i sold during the downturn. In my mind, tech. is the macro picture and that hasn't changed as the larger trend. I think investors see the recent downturn as a unique opportunity and as an attractive entry point.
Unlike Madame Lagarde I am not riveted to staying the course. Tactically sold some of the shorts I bought recently. I will likely buy back in as tide goes out, today, next month? EM CEFs at recent highs, balancing out some of the loss on the short side. may move some of the cash int o HSGFX if we are trending toward the lows at the close.
good on youse.
If I were you I'd just buy short term bonds, get your 5% and be happy. That's a massive interest rate for a low-risk investment.
True. My significant bond position is my EM CEFs. With reinvested income up 20% EMD and 16% FAX. I am actually less risk adverse than most here. Though contrarian so. Booked all my gains by year end, zero shorts, and one third cash.
Apple earnings tonight....that one could reverse this whole giant tech rally. It's been having both sales and COGS issues if I understand correctly.
although seeing META up 25%...shows the negativity out there.
Yes. I think the issue with china and their covid travails have been so widely publicized and the impact on Apple's suppliers and fabricators already felt, that the impacts on their bottom line may be priced in already nd won't be a surprise, should the numbers be less than stellar.
Okay, my hunch is that it will be used as reason for some selling and profit taking, but will rapidly be pounced upon by longer term investors to load up, thereby reversing a short term selloff.
How many short sellers have done well in the market. You guys have to have lost pretty much everything when the stuff you guys are short selling goes up year after year after year? The market goes up always - how do you guys going short make ANY MONEY? You lose money111 Year after year after year. The market goes up ALWAYS!
Nothing says "good messaging" to a Fed Chair trying to ramp down inflation than seeing every market index push through its upper Bollinger band while core inflation is still at 4.4-5.7%.
Apparently michael burry just deleted his Twitter account after tweeting ‘Sell’ a few days ago. the market is a permanent humbling machine if you try to time it.
I made the decision to keep working 2 years before my cancer diagnosis which kept me working another four years. That was a blessing in that my work load was reduced with my business partner, and mentally I had something other than my disease to occupy my mind. But I enjoy being busy, so good fit for me.
Money I took out of leveraged shorts ETFs rolled into HSGFX. Essentially back to exposure dollar wise at end of year, but more shares with the price drop.