Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

In this Discussion

Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal

Just one day, but more "red" than I've seen for awhile.....

2

Comments

  • Hi MikeM,
    No, I did not.....thank you. I still remember seeing them on a small black and white TV. As a child, he was my favorite......always wanting to help. I used to laugh so hard I'd cry. Those were the days...so simple and sweet. On another note, your Bills look awesome. Hope they go all the way!
    God bless
    the Pudd
  • Thanks for the Bills support @Puddnhead. Always the little train that tried harder. If they can get by KC this could be the year.

    I'm with you on the 3 stooges. Also my childhood tv watching. Curly was my favorite. Always felt bad when Moe would put him down.
  • @MikeM this could be the year then…
  • YUK YUK YUK !!!
  • Mona said:

    FD1000 said:

    Let it go down, please. The more, the better...for me.
    What I find funny is when someone "knows" the reason why it went down. So many predictions by so many "experts" have been wrong(link).
    So why did stocks go down? The only true reason is because there are more sellers than buyers.

    Me, me, me. Some things never change do they?

    When you are a good trader, you don't care what markets are doing and why I lost so little today.
  • FD1000 said:

    Mona said:

    FD1000 said:

    Let it go down, please. The more, the better...for me.
    What I find funny is when someone "knows" the reason why it went down. So many predictions by so many "experts" have been wrong(link).
    So why did stocks go down? The only true reason is because there are more sellers than buyers.

    Me, me, me. Some things never change do they?

    When you are a good trader, you don't care what markets are doing and why I lost so little today.

    Here is your big chance FD, you lost little you say, OK, tell us how you are positioned and when you change your allocation, just this once.
  • edited January 19
    wxman123 said:

    “Here is your big chance FD, you lost little you say, OK, tell us how you are positioned and when you change your allocation,”

    image
  • MikeM said:

    @Puddnhead, did you know it is Jerome "Curly" Howards birthday today. No Yuks... he would be 119.

    "Remind me to kill you later." ---Moe.

  • I watch the red. It's no fun. So far in '22, I'm not reacting. Sitting tight. I'm already positioned the way I want to be. The long-term bet is statistically better than any single day's loss. My losses are at least a bit mitigated because I'm overweight bonds. But the bonds are suffering with rising rates. Will it all come out in the wash? I expect so. I'm not looking to jump on trends. Even my bonds are spread-out into HY, FR, global, domestic, gov't, munis.....
  • Hi Crash,
    I remember that line. He said many times and I loved it. Glad to see you're in bonds. I forget.....where do you live now? Silly me. Want to say Hawaii for some reason. I don't get here much anymore, so I forget. Please forgive me.

    Hank and Wxman123,
    Great posts! He usually gets skinny after such posts, i.e., FD. I'm sure God will justify the silence once he has time. And awe you with the plan he uses

    God bless
    the Pudd
  • edited January 24
    Temporary relief may be coming to major developed economies' equity markets.
  • edited January 27
    @BaluBalu et al

    Everything equity is being thrown to the trash bin; quality or not. Enough of this and the majority of equity becomes called "value" stocks. Still too much money waiting to buy, IMHO.

    Watching.....

    The "red" remark is relative to the first set of data for global markets, as one scrolls down. The clock icon at the right edge indicates full open trading. One will also see blinking of a line, as market numbers change.

    Global Futures and Active/Open Markets

    NOTE: I'll add FINVIZ, mixed markets.

    AND Global etf's, multi-sectors, active real time changes through a trading day.

    Remain curious,
    Catch


  • Not as many country "reds" as with the first post in this thread; but the "red" equity countries have much larger percentages down (as of 11pm, EST).

    Global Futures and Active/Open Markets

    NOTE: I'll add FINVIZ, mixed markets.

    I'll know the outcomes after 7 hours of pillow time.

    Remain curious,
    Catch
  • edited January 27
    Thanks for the links @Catch22.

    Might be helpful to consolidate the 2 “red” threads? Here’s a a more recent one..
    Likely to remain the color of the day for a while.
  • The US is pretty red and between 1.5 to 2% down as of 1 AM EST.
  • edited June 13
    d
  • catch22 said:

    @BaluBalu et al

    Everything equity is being thrown to the trash bin; quality or not. Enough of this and the majority of equity becomes called "value" stocks. Still too much money waiting to buy, IMHO.

    Watching.....

    The "red" remark is relative to the first set of data for global markets, as one scrolls down. The clock icon at the right edge indicates full open trading. One will also see blinking of a line, as market numbers change.

    Global Futures and Active/Open Markets

    NOTE: I'll add FINVIZ, mixed markets.

    AND Global etf's, multi-sectors, active real time changes through a trading day.

    Remain curious,
    Catch


    Bumping up for the useful links.

  • edited June 13
    Orderly selling thus far, imho. Waiting for the panic selling next before we hit a bottom. We might get the former today/this week.

    Relatedly, there is some serious stuff going on in crypto-land. Between corporate layoffs, freezes, rate downgrades, looming regulation, and stuff like what Celsius dropped on its customers this morning ….. it’s probably a very good time to stand aside for a bit in that 'sector.'

    As I look at the cross-market chaos shaping up around the world today (and the world generally these days) I’m reminded of that great saying by Dr. Sidney Freeman from MASH: “ladies and gentlemen, take it from me…pull down your pants and slide on the ice.”
  • "Controlled demolition"

    All those investing genious types who scoffed at grantham etc warnings are kinda quiet now, no?

    Shit's getting real, no?

    Best

    Baseball Fan

  • It's beginning to look interesting. I'm still waiting; won't buy this dip ...yet.
  • edited June 13
    A good day to try and separate the babies from the bathwater. Both being tossed indiscriminately.
  • "Most people" think that capitulation will not occur until VIX hits 40.

    34 today

    I would assume also we have to see oil and food costs at least stabilize, and not keep going up. Friday's CPI ex food and energy, I think, was down a tad. This may reflect the weakening sales, other than food and energy, as people put more in their gas tanks
  • edited June 13
    VIX touched 39 in Jan, 38 in Feb. So, 40 is just a number.
    Nasdaq 100 VXN touched 40 today (YTD hi was 44).
    https://stockcharts.com/h-sc/ui?s=$VIX&p=D&yr=0&mn=6&dy=0&id=p67687948034
  • edited June 13
    The VIX gets tossed around a lot by media pundits. One noted recently that there won’t be a correction “while the VIX is stuck in the mid 20s”. I suspect that it is widely misunderstood. ISTM it is tied to the prices being paid to purchase protective “puts” farther out on stocks. Lately, fear has been low. So the “return” on those puts on down days isn’t great. But ISTM the cost of such puts must also be relatively cheap?

    Barron’s this week quoted the manager of GATEX (which I own). He seemed to be dismayed the fund hasn’t benefitted more from its put options recently. I gather that ties in with what I wrote above?

    @yogibearbull - Kindly fill in some blanks.;)

    BTW - As I’ve noted before, I use a 5% allocation to TAIL as a hedging tool. Mediocre results so far this year. Today it jumped over 2% early on, but has pulled back some. Also - My understanding is: The managers run the fund so that big payoffs occur under extreme market sell offs. So, a 1-2% drubbing won’t pay off much. But a 15% 2 day slide would pay off very well?

    @LewisBraham recently speculated TAIL is being hampered by the longer dated bonds it uses. I agree that that’s part of the problem to date and appreciated his insight.
  • @hank, VIX is based on all near-term options (calls and puts).

    You may be thinking of SKEW (that is in the bottom panels of my previous chart link and is EOD only) that is based on relative pricing of puts vs calls - it is high when puts are more expensive, and they are not right now.

    High VIX and low/moderate SKEW is a condition that is more likely at/near bottoms.
  • edited June 13
    Thanks. Looks like good bedtime reading. (The short version is fine.none need to link the 15 page White-paper.)
  • edited June 14
  • relief rally in the morning? Let's see if the Fed goes with .75% or what..... Dead cat bounce, anyhow.
  • With .75, I think the market rallies, at least short-run. With 1%, look for a strong rally. Anything less than .75, the market tanks more.
Sign In or Register to comment.