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Liberation Day! What’s the play?

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  • Market watchers are mixed on today's action: Oversold, technical bounce (again), end of quarter portfolio dressings...purely a guessing game to me today.

    To that end...IMO, it was another in a brief series of dead cat bounces, but warmly received by this investor who decided to significantly reduce his stock allocation today.
  • Liberation from... what?
  • @Crash- I'm sorry... I just checked in with "the administration" and find that you are not cleared for that level of information. Something about "persona non grata", I believe.
  • giggle.
  • stillers said:

    Market watchers are mixed on today's action: Oversold, technical bounce (again), end of quarter portfolio dressings...purely a guessing game to me today.

    To that end...IMO, it was another in a brief series of dead cat bounces, but warmly received by this investor who decided to significantly reduce his stock allocation today.

    I was down a tiny fraction, but I've not received monthly dividends, yet, though. New money will be poured into MMkt, until there's a serious change in the investing climate.
  • @Crash, the secret's out. Per WaPo's Catherine Rampell:

    "Trump has already “liberated” his country from the inconvenience of due process or expectations of civil rights. But his freedom crusade escalates this week, when he shall also “liberate” America from affordable cars, a stable economy and its closest allies."

  • edited March 31
    Though I did not lose money today, looking at some of the negative marks in my portfolio and marks in other parts of the market, I would say today was a risk off day, notwithstanding the strong close for the three major indices. I am sure the beginning of the day my portfolio probably was deeply in the red.

    It would be good to know the stock sale trades, if any, of Congress persons. I see some buys from them. I am assuming the administration, especially senior personnel, all sold their stock holdings months ago.
  • rforno said:

    @Crash, the secret's out. Per WaPo's Catherine Rampell:

    "Trump has already “liberated” his country from the inconvenience of due process or expectations of civil rights. But his freedom crusade escalates this week, when he shall also “liberate” America from affordable cars, a stable economy and its closest allies."

    Thanks. Can we get HIM to stop winning so much, by now????? ORK.
  • Crash said:

    rforno said:

    @Crash, the secret's out. Per WaPo's Catherine Rampell:

    "Trump has already “liberated” his country from the inconvenience of due process or expectations of civil rights. But his freedom crusade escalates this week, when he shall also “liberate” America from affordable cars, a stable economy and its closest allies."

    Thanks. Can we get HIM to stop winning so much, by now????? ORK.
    "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
  • edited April 1
    rforno said:

    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

    This is so funny!
  • Bonds rally, stocks seem oblivious. Go Amerika!

    So very looking forward to our "liberation" and the smooth, calm seas that surely lie ahead.
  • @JD. Me too. I am looking forward to Liberation Day with greater anticipation than I would the Super Bowl. I will be up extra early …. Who will take the over on 20% ?
  • I'll be ordering a few more bottles of single-malt tonight to mark the event....
  • Not a bad time to be short Tesla.
  • edited 10:47AM
    stillers said:

    FWIW, all SELLs (per above posts) have been entered today.
    Reduced stock exposure by ~50%.
    Parking proceeds in VMRXX, FZDXX and will likely BUY a coupla new rungs on 5-yr CDs ladder that virtually guarantees a net positive TR in 2025.

    Kudos to @larryB for this thread.
    (Sadly) Timely and actionable.

    EDIT: NOT saying this strategy is correct for anyone other than me and the missus.
    BUT, our #1 goal this year, after two monster stock gain years under a REAL president, was to NOT allow the buffoon's asinine fiscal policies (read, orange brain farts) to cause us to be anything but net positive for the year on 12/31/25. And that goal has virtually been guaranteed with these moves today. Plus, we will sleep MUCH better thru year-end!

    What's that old saying? Oh, yeah.
    Even a blind squirrel finds an acorn from time-to-time.

    Thanks again to @larryB for this thread - it truly was the final catalyst for us to act so boldly on Monday.

    Monday's stock sale proceeds were used as follows Tues/Wed:
    Most went as intended to VMRXX and FZDXX.
    Bought another 5-yr CD ladder rung
    Bought first dedicated bond OEFs (3) since selling all of them circa 2022.
    Opened a position in long/short fund QLENX.

    IF, the blood letting continues today up to the close, MAY redeploy some of the proceeds back into FXAIX or PRWCX, having strategically side-stepped today's sell off. But probably not as we are becoming reasonably convinced that a recession and bear are well in the works.

    And, taking suggestions on how to thank @larryB for helping me and the missus save five figures today.
  • So much winning today. Winning everywhere you look on your screen. Ruby red.

    If you factored in a recession, should the S&P be at least ~25% lower?
  • edited 3:52PM
    Thankfully my accounts, nearly all equity, have been relatively flat (+/- 1.5%) on the day, which is fine by me when the storm clouds show up. Will it hold in the coming days? *fingers crossed*


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