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April Fools ."I never used momentum indexes; I only used typical funds but looked at the best risk/reward ones and kept changing according to uptrends, and several parameters."
@FD1000,
This may be surprising but the article isn't about you or your "system."
It's about momentum investing in general.
You posted messages very similar to the one from 9:40 PM many times.
There is no need to post the same messages ad nauseum.
Thank you for your consideration!
I can post whatever I want, just as you post daily about tariffs ad nauseum. You may learn something if you pay attention because I have done it.
BTW, why do you post the same thread on 2 different sites?
@FD1000, glad to see that you got your relative to post.I find FD1000 a consistent messenger for thoughtful appraisal of the markets vageries.He is a valid poster unlike contentious foul mouthed JD who in one sentence uses vulgar non illuminating vindictive: "Piss off, B S, jackass." totally rude this churl must be proscribed from posting
I can post whatever I want, just as you post daily about tariffs ad nauseum. You may learn something if you pay attention because I have done it."I never used momentum indexes; I only used typical funds but looked at the best risk/reward ones and kept changing according to uptrends, and several parameters."
@FD1000,
This may be surprising but the article isn't about you or your "system."
It's about momentum investing in general.
You posted messages very similar to the one from 9:40 PM many times.
There is no need to post the same messages ad nauseum.
Thank you for your consideration!
NAV Change Net Expense Ratio YTD Return
$9.68 +0.02 (0.21%) 0.65% 2.90%
Quote data as of close 03/31/2025 As of 02/28/2025
Could not have said it better.We've all been screwed by the current administration!
Post 2 (from a week ago):@msf,
In my first post in this thread, I had originally included that on many days Fidelity website does not update marks in time and I end up using my Schwab account to look up Fidelity funds' marks. I edited that part out to avoid coming across as too much information (or tainting @crash's post as a complaining session).
Your FLPSX ($40.21) and other Fidelity funds' marks were updated at Schwab prior to 7PM EST.
In any case, I did not read @crash's post as complaining or ragging on M*. I read it as him trying to be helpful so members do not assume they are looking at final marks for the day.
P.S.: I think people should feel free to complain about companies they do business with and let other members figure out the person posting. I certainly am trying to avoid posting negative information about businesses or other matters to avoid offending someone else because everyone has their favorites (for whatever reason) and I am getting too old trying to be helpful.
BTW, it is after 9PM EDT and Schwab has yet to update its own fund prices, let alone Fidelity's prices:I was recently notified by USPS Informed Delivery that a letter from TRP will be delivered. When I did not receive the said letter, I contacted TRP which said in writing that no letter or document was sent from TRP and that USPS must be making up non-existent letters. Two days later my neighbor brought over the TRP letter.
I have marked electronic for all correspondence from TRP but they keep sending stuff, including Quarterly statements, by USPS.
If not for the free M* premium membership, I would move my holdings out of TRP.
I would trust USPS over TRP for service reliability.
Scary graph at the link.The Institute for Supply Management's manufacturing PMI registered a reading of 49.0 in March, down from February's 50.3 reading and below the 49.5 economists polled by Bloomberg had expected. Readings above 50 for this index indicate an expansion in activity, while readings below 50 indicate a contraction.
The prices paid index surged to 69.4, up from 62.4 the month prior and the highest reading since June 2022, reflecting companies' continued increase in costs. Economists had expected a reading of 64.6.
Rising costs for screws are rippling through manufacturing supply chains. President Trump’s tariffs implemented this month on steel and aluminum imports have scrambled the supply chains of companies that make everything from car parts to appliances and football helmets to lawn mowers. The latest tariffs cover a wider range of imports, including the screws, nails and bolts that serve as the connective tissue in manufacturing.
That has set off a hunt to find domestic supplies of some of manufacturing’s smallest components. Manufacturing executives said the U.S. doesn’t have the plants to churn out the amount of steel wire or screws and other fasteners needed to displace imports. The production capacity we need doesn’t exist here in the U.S.,” said Gene Simpson, president of fastener maker Semblex. “It’s a select group of suppliers.”
About $178 billion of steel and aluminum products imported by the U.S. last year are now subject to a 25% tariff, according to Jason Miller, a supply-chain management professor at Michigan State University: “It’s a shockingly large number of parts”. American companies also can no longer petition the Commerce Department for tariff exemptions on specific products that aren’t sufficiently available in the U.S. The enlarged tariff pushes up the cost of a 10-cent screw from China to 17 cents for an importer.
At AlphaUSA, about half the of the materials that the Michigan-based auto-parts manufacturer purchases are fasteners. Many of them are made outside the U.S., particularly in Canada, which is now subject to the 25% duty after being exempted for years. President Chuck Dardas saidt he company’s customers are very religious about their quality standards, and often request specialized parts for assembly lines. Dardas added that many U.S. companies that make fasteners purchase the steel for them from Canada as well.
Price-sensitive customers
The situation for the auto industry became more complicated Wednesday, when Trump announced an additional 25% levy on imports of car and auto parts. The effects of the tariffs are expected to be felt quickly, as many suppliers have said they are unable to absorb added costs from new levies. And companies that use screws and other metal parts covered by tariffs say their customers won’t tolerate price increases. Some construction contractors may delay projects until they get a handle on how to blunt the effects of import duties.
Simpson’s firm Semblex produces fasteners for automobiles, industrial lighting, farm equipment and heavy-duty commercial trucks. To make those fasteners, the company uses specialty steel wire. It imports more than half of the wire it uses, mostly from Canada. As tariffs make imports more expensive, American steel wire producers are raising their prices at the same time. Simpson said cost increases for steel are difficult to quickly pass along to customers, especially in the automotive industry where prices are often locked in monthslong contracts.
This is so funny!We're gonna win so much, you may even get tired of winning.
And you'll say, 'Please, please. It's too much winning.
We can't take it anymore. Mr. President, it's too much.'
- Donald Trump, April 12, 2016
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