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.
@rforno, I think people like your friend are probably rare. I'll admit that observing other people's shopping carts is not a reliable survey. But, I think the food industry will keep the GLP-1 companies well supplied with customers at least until th…
My mentor told me horror stories when he was executor for a trust that was housed at BAC. Never had I heard such incompetence and administrivia designed soley to leech money out of the estate into the bank's hands. If I ever left my credit union, …
TCAF talks about utilities most of the time (7% sector exposure....3x the benchmark) but still holds 5 times as much technology as of June. Important viewpoint on eventual AI beneficiary being software. 100% agree. Skate to where the puck is goin…
new medication will improve lives and reduce junk food consumption.
What a strange world we live in that we have to buy expensive drugs to save us from consuming stuff that should rarely go into our shopping carts.
I remember when 'Wheat Belly' was…
Thx for the link.
Kudos to Giroux for sitting and explaining the portfolio, which admittedly echoes much of how I view thie markets and are invested myself ... but boo/hiss to TRP for a lackluster and mediocre production value of the video. Felt l…
I had the opportunity to snag a M* subscription at a discount a few months ago, and I must say I've been less than enthused witih their current offerings and content. Too many clickbait headlines and FAR FAR too much anonymous quantitative AI-base…
Problem seems to be fixed. I purged all cookies on my browsers, restarted the machines, and so far (knock wood) I'm not getting that constant device verification at the moment.
As Schwab's tech support told me the other day:
For the security of o…
WOW - @rforno. That’s a “gutsy” move. I don’t know what steak dinners in Georgetown cost.Wondering how many bottles of Glenfiddich the potential loss might be … ? :)
Where we go, around $500 (including the expected overpriced booze).
Maybe 6 bottle…
Bought a tiny speculative short-term S&P short position based soley on a gut feeling looking at the chart. As usual, the potential loss on such position is roughly equal to a steak dinner in Georgetown
Also getting closer to starting a few ne…
Nah, I am logged in & checking things most every day, and that's fine. But I don't fixate on inter-day performance, so at least for my mindset, it's no big deal. By contrast, I'm sure for most retail investors, they shouldn't check every day …
I still have the chat logs of the futures trading room I was in back during the GFC and periodically review them for old times' sake. Having gotten it out of my system (thankfully profitably) I am much more content to be a longer-term investor who'…
New Schwab 'feature' --- over the past 2 weeks nearly every time I login I'm forced to verify my computer to them, sometimes multiple times a day. I have no idea why this is happening all of a sudden, but it is getting rather annoying.
Only happ…
I have yet to figure out how to post images here. Some in my household use the term "dinosaur" to describe both me and our software. In any case ... if you go to Morningstar, pull up the chart for DJT and set the beginning date for the day that Bide…
Yesterday I put on a 5-strike combo spread on ALT expiring in Jan 26 as a totally speculatitive play for potential gains should their GLP-1 competitor keep showing good promise and/or if a big pharma player decides to take them out. Downside risk $…
Hey Old Joe,,, I get that for sure. I just have concluded that having my banking and all the rest tied to a single website is too much simplification and not enough diversification.
Agree completely! Tempting as it might be to go all-in-one, I ca…
Well, covered calls don't have downside protections unless puts are also bought. But that will cut into the income/premium from calls.
There are also funds with collars but their goal seems to be to just beat the money-market funds.
The only times I…
And now N225 is up 10% after yesterday on what's likely a relief rally. As I said in another thread, buckle up, folks!
(US futs this Tues premarket are up less than .5% so essentially treading water as of now.)
Per WSJ- hardly a "crash", but certainly a tech correction:
S&P 500 -2.02%
DJIA -1.92%
Technology -4.63%
and! ... DJT -8.56%
DonOLD is already out with a screed blaming the swoon on Harris' candidacy ... and I'm sure he'll be out with a foll…
@rforno, It seems to be a YouTube channel. How could you tell it is BNN? Can I watch when I am out of the country?
The 'ticker' made me think it was BNN b/c it looked similar. But it might just be the data-free Bloomie feed streamed to YouTube ..…
Try this. Seems to be in sync with BloombergTV+, but without the plus. Also a slight lag, and the numbers (prices) on the video don't exactly match TV+; they seem to be really live, updated by the few second lag time. The magic of modern technol…
Jeez I hate BloombergTV+ ... all I want is the TV stream, not all the data flipping around everywhere which makes the TV video (and charts/data they present) hard to read. And I refuse to pay BBG to stream *just* that feed from their website. smh
Per WSJ, which to me kind of implies muted panic is in the air this morning...
Investors are piling into bets that the Federal Reserve will respond to signs of weakness in the economy with more aggressive interest-rate cuts.
Futures prices now imp…
I may just create have to create my own “go anywhere” fund myself through ETFs and funds. It maybe easier to run my own “hedge fund” like fund myself. Finding one currently that meets my needs is harder than I thought.
Thanks again.
That'd be my …
The amount of noise surrounding Buffet's stock trades continues to amuse me. The media and lots of internet investors seem to think it's a sudden move (despite taking months to effect and report) and/or try to divine some hidden meaning behind his m…
I have one order out there, but held off on a few others to see what followthru there might be next week.
If INTC hits 20 I might start a buy-and-ignore position.
Balance screen may update overnight only. If you cancelled an order, and if the system allows it, you can buy with those funds. I have margin, so these transient issues don't arise - there won't be a margin impact.
This. I had a bunch of positions …
I'm sure INTC's news last night also spooked the markets. It was far worse than expected, and their corrective actions announced are pretty dramatic ... it's all related, and probably only adds to the spooked sentiment right now. Lowered job gro…
Makes one wonder what an “irregular investor” is?
People like us who don't go for the latest fads or trade on whatever a talking head rock star might be recommending? :)P
WSJ:
Ackman originally aimed to raise around $25 billion in the offering, hoping to capitalize on his social-media celebrity, before lowering the target to around $2 billion this week.
< - >
[In a letter to his fund investors] He asked th…
