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.
Sold 1/3 of T-C for a tiny gain. The first call is next week, and while I doubt it'll be called (which would be fine by me) I'm doing some minor portfolio adjusting.
Might close out the entire position and reallocate into other preferreds and/or M…
One almost wonders if the Invisible Hand(tm) is guiding equities higher so that any tariff/trump nonsense that dramatically spooks things may just drop them to more sensible levels that are more like a reversion to the long-term mean versus a 'catas…
Oh, Donnie, still adhering to the 'power of positive thinking' personal improvement philosophy.
He doesn't care about rising prices b/c he and his cronies can easily afford it. The rest of us? And those rubes who bought into his campaign schtick a…
Since I moved to Schwab ahead of the TD process, I only have 1 form, but they say I'll have it by 2/28, so .... who knows? As long as I get it promptly I'm ok.
Officially out for everyone... might be a handy tool now and then if needed.
https://www.schwab.com/learn/story/what-to-know-about-245-trading-on-thinkorswim
It's all about creating havoc. If he can distract you from other nefarious (illegal) proceedings that he is orchestrating, then he wins. He needs distractions.
The markets seemed to recognize this game, and they have largely ignored his tariff …
@Old_Joe,
Pardon my ignorance / lack of imagination.
One of the posters has been posting GQP for GOP. What does the Q in GQP stand for?
If you do not know the answer, I will ask the poster about it when I see it next time.
GQP = my reference t…
What the hell is his infatuation with "10,000" ...?
10,000 troops 'never came' to the Capitol on 1/6 (he alleges, total lie)
10,000 Mexican troops to the border
10,000 Canadan police to the border
It's like he just fixates on what he thinks is a …
It's only for a month. And it looks like Trump finally got Mexico to pay for a wall - not an engineered wall, but a wall of 10,000 soldiers on the border.
From what I've seen, much of his 'win' over Mexico is 'getting' them to do exactly what Biden…
Most are going down only 1 basis point. Not sure why it's generating this level of media coverage ... it's a non-issue for most people who wouldn't even notice.
'fentanyl' obviously polled best among MAGA for a trade war.
runners-up were WASP discrimination in mexico, cold weather exports from canada, and probably proliferation of 'panda express' by china.
Don't forget 'caravans'
No So Fun Fentanyl Facts:
https://www.forbes.com/sites/andyjsemotiuk/2025/01/31/tariff-on-canada-not-justified-by-us-immigration-and-drug-claims/
Excerpt: (BOLD added):
In Fiscal Year 2024, USCBP seized 21,148 pounds of fentanyl at the southwest …
“Our peaceful trading partners are not our enemies. they are our allies. We should beware of the demagogues who are ready to declare a trade war against our friends—weakening our economy, our national security, and the entire free world—all while c…
The ignorant orange idiot just said that tariffs against the EU are coming 'soon' .....
He really does want to blow up the world, doesn't he?
EU tariffs would be the cherry on top this next week. Final nail in the coffin. Market disruption c…
what does *that* tell you about the so-called 'free markets' here?
It is not a free market just as you see the big tech leaders at the inauguration. They all want the corporate tax cut just like previously. Now many of them are removing DEI from …
This is the first round of tariff with China, Canada and Mexico. Both Canada and Mexico retaliated the same 25% tariffs, especially liquor from Red States. China is taking their case to WTO. There is more to come as he also threatens EU and England.…
Just wondering if you meant NY Crude rather than NY Cruse or something altogether different.
Crude, of course. At least I wasn't the person who typed 'Tittok' on Fox News TV chyron the other day!!!
Got my popcorn ready. Much more (designed) chaos to come!
Totally unrelated to tariffs, but some folks are amazed to realize that they are suddenly paying more for their monthly prescriptions. Let's remind them to thank Uncle Dump! They ain't s…
"At what point is Trump considered to be a national security threat?"
It has been abundantly clear that Trump is a national security threat
since his inept and criminal mishandling of classified documents.
And yet the Teflon-Don got away scot-free …
@BaluBalu -- I agree. Farro is great (as are his co-hosts) and Kelly Evans has evolved quite nicely since starting off at WSJ digital many years ago, when her quick daily recaps would air just before Cramer.
I'm waiting for FOTUS to use America's need for Ozempic/Wegovy as a cudgel to threaten Denmark over Greenland. IE, I'm going to tariff these pharmaceuticals 500% until you give us Greenland! Will Denmark care about the wailing of patients in Amer…
Rick,
When not in a recession or SPX not in a bear market, the largest single day decline for NVDA stock was 35% which in August 2004. There were two other worse declines in similar circumstances than the decline on Monday (16.4%), which happens …
Giving Elon Musk*'s team free reign into federal computer systems/data is about as helpful as letting Gaius Baltar's associates roam freely through the Colonial Defense Mainframe**.
* cosplaying technologist business super-jenius
** watch the Batt…
I think Monday is going to be a mess... Down a LOT. It's not just tariffs, he's dismantling the government. Down so much it might actually get his attention... we shall see.
If so, you can bet he'll blame Biden or Congressional Democrats, or DEI, or…
@Balu I sold off my Canadian pipelines that cross into the US but would happily buy them back again at some point. I kept my railroads, b/c I have huge gains on them and don't need the tax hit.
Otherwise not adjusting my portfolio in any way.
FOTUS was hell-bent to get 'a better deal' for America in his first terme by renegotiating NAFTA. At least then there was industry consultation and a traditional diplomatic/commercial negotiation process. So now he's blowing up HIS deal that HE 'ne…
He is a disgusting excuse for a human being. This was beyond the pale given the circumstances, even by his gutter-press standards.
For a TV 'entertainer' he has no idea how to read the room.....
C'mmon you guys...
"TDS is an acronym for Trump Derangement Syndrome, a term applied to people who express deep loathing and fear of President Donald Trump. It's usually used by Trump supporters for liberals."
I think it's perfectly applicable to d…
... and now he's planning to build a 30,000-bed c̶o̶n̶c̶e̶n̶t̶r̶a̶t̶i̶o̶n̶ ̶c̶a̶m̶p̶ facility in Guantanamo for illegal immigrants. Must be nice to have property away from easy 24x7 media access/coverage, isn't it? Out of sight, out of mind, away…
There is some opaque talk about the freeze not being rescinded, but rather the memo about the freeze is rescinded. I have no idea what that means. I am not sure the White House staff knows either.
Yeah the idiot WH press spox said the 'order' was r…
