No one needs to do anything other than invest with either Vanguard or Fidelity or both.
I will iterate what I said earlier because very important - Over the last 15 years the S & P 500 index fund has beaten 88% of actively managed large cap mutual funds. Flagpole is correct! Vanguard and Fidelity is where to go.
Not me I’m going for Rosemont Seneca. I sold all my leverage shorts today and sending a check on settlement to Devon Archer.
Nailed tsla's problem and got the target price right even.
at the time tsla was volatile but in the 180-200 zone.
Good to see actual research can work still.
Carl Quintanilla @carlquintanilla BERNSTEIN: $TSLA "may struggle to meet 2024 unit expectations," as Chinese rivals offer models "that are larger and offer similar performance at similar to lower prices. .. our survey work suggests that Tesla's brand is .. increasingly polarizing." Reit Underperform, $150 tgt 8:42 AM · Mar 31, 2023 · 62.6K Views
aaaaand a terrible call as econ activity in the 1Q was fine.
twitter served this one up 26,000 times.
Andreas Steno Larsen @AndreasSteno Here is how we think the recession will pan out! A Q1-recession seems to be the likely outcome now. Our playbook, time-line and how we trade is out here ->
Nailed tsla's problem and got the target price right even.
at the time tsla was volatile but in the 180-200 zone.
Good to see actual research can work still.
Carl Quintanilla @carlquintanilla BERNSTEIN: $TSLA "may struggle to meet 2024 unit expectations," as Chinese rivals offer models "that are larger and offer similar performance at similar to lower prices. .. our survey work suggests that Tesla's brand is .. increasingly polarizing." Reit Underperform, $150 tgt 8:42 AM · Mar 31, 2023 · 62.6K Views
But you can't get the Chinese EVs here. I read one article that you could get a Chinese EV for under $10k..TSLA on a slippery slope.
aaaaand a terrible call as econ activity in the 1Q was fine.
twitter served this one up 26,000 times.
Andreas Steno Larsen @AndreasSteno Here is how we think the recession will pan out! A Q1-recession seems to be the likely outcome now. Our playbook, time-line and how we trade is out here ->
aaaaand a terrible call as econ activity in the 1Q was fine.
twitter served this one up 26,000 times.
Andreas Steno Larsen @AndreasSteno Here is how we think the recession will pan out! A Q1-recession seems to be the likely outcome now. Our playbook, time-line and how we trade is out here ->
I know that this is all built upon the bedrock of a false economy, and these seeming stock market advances are not sustainable.
I know that. We know that.
And to believe these stock market advances are sustainable is delusional.
So I looked on Amazon (don't get me started about AMZN!!!, but as I was saying....) and I found this "Brain Support supplement" that claims to boost clarity and clear headed thinking.
Do you think this might help with my delusional thinking?
And btw, thanks with all the estate planning yesterday - that went well.
Interestingly SOXS hit a low two weeks ago, and TECS last week.
Everything is done to create an illusion, like waiting until market close on a Friday to retaliate for the deaths of the three soldiers in Jordan. Or META jumps 21% on job cuts, stock buybacks, and paying a dividend. Today people accept the most bizarre as normal. Like the woman my age at Costco, dirty gray hair, with the front dyed blue.
Current holdings bought between 2/29 and 3/22/2024: TECS $7.70 and SOXS $30.32 average cost basis. Sold some SOXS today +$41.50 and TECS +$9.05.I have sold about 10% of my position, with most of that to cash. If we stay below S&P 500 5115, the Bear trend stays intact.
Current holdings bought between 2/29 and 3/22/2024: TECS $7.70 and SOXS $30.32 average cost basis. Sold some SOXS today +$41.50 and TECS +$9.05.I have sold about 10% of my position, with most of that to cash. If we stay below S&P 500 5115, the Bear trend stays intact.
SOXS and TECS have fallen off a cliff the last few years. How can you be making money on those? You should be losing your shirt big time.
These are trades expressing a view. I will stay in the trade, but reduce exposure in accordance with trend. That is trimming at highs, selling larger lots to protect against mounting losses.
These are trades expressing a view. I will stay in the trade, but reduce exposure in accordance with trend. That is trimming at highs, selling larger lots to protect against mounting losses.
You keep on telling us how well you have done on trades - after the fact. Maybe put ALL your positions up and we can track how well you do with you. okay?
These are trades expressing a view. I will stay in the trade, but reduce exposure in accordance with trend. That is trimming at highs, selling larger lots to protect against mounting losses.
You keep on telling us how well you have done on trades - after the fact. Maybe put ALL your positions up and we can track how well you do with you. okay?
Not true at all, from 4/5:
“Maserati, Good to hear from you. I found you to be one of the most interesting posters. I sold most of my Hussman HSGFX in early 2023 at a nice profit +10-20%; I maintain a 2.5% position that I am flat on. My largest positions are EM bond CEFs EMD up 26%, and FAX up 19%. I maintain smaller yet significant positions in leveraged shorts TECS up 2%, and SOXS up 10%. I have been in and out of the shorts, at an equivalent loss overall. Overall flat on the year, but willing to bet things get worse.”
These are trades expressing a view. I will stay in the trade, but reduce exposure in accordance with trend. That is trimming at highs, selling larger lots to protect against mounting losses.
You keep on telling us how well you have done on trades - after the fact. Maybe put ALL your positions up and we can track how well you do with you. okay?
At the highs today my SOXS +37% and TECS +18%, sold some and over previous days added to FAX under $2.63.
It would appear that you are trading the range set by the 1/31 and 2/21 peaks, and on the low end, a point reached several times over the last 3 months 17% below that level (in the case of the tech sector triple leveraged.
Those would be well timed trades taking advantage of price volatility and general direction of the market over the last 3 months in particular. It would have been hard to match that performance for the quarters preceding this one.