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Some more context from down here in DC regarding Bunker Boy's quest for 'domination' ....
(src: https://www.thedailybeast.com/pentagon-tries-to-retreat-from-trumps-call-to-dominate-protests?ref=home)
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Pentagon officials added th…
Closed my 2022 spec combo options trade on GE *way* early for 25% gain on the risk ... just to offset likely TLH'ing elsewhere. I would re-create the position for if GE drops back down toward 5 again, though.
(Excellent decision by our two local governors. --rick)
Maryland, Virginia governors refuse Pentagon request to send National Guard to DC
The governors of Maryland and Virginia both refused direct requests from Defense Secretary Mark Esper to se…
Totally agree. This has been going on for decades. That said, in terms of the political polarization and tribal politics, I pin the blame for this modern incarnation upon Newt Gingrich and his Republicans when they took Congress in the mid-90s.…
This article is worth reading, too.
Trump Finally Gets the War He Wanted
https://www.defenseone.com/ideas/2020/06/trump-finally-gets-war-he-wanted/165825/
Howdy folks,
Damn. I love you people.
July 4th this year will be a National Day of Prayer for President Donald Trump to die. If we all pray hard enough, maybe God will hear our prayers and rid the earth of this monster.
And so it goes,
Rono
d
There are always some bad apple looters/firebugs in these protests. However one also has to wonder how many of them are typical idiots or purposely torching and destroying things to make the legitimate protesters look more evil/dangerous and distr…
Bunker Boy hired a bunch of really talented crisis actors.....lol
CNN was showing the same thing, but then again it is "fake news" according to the POTUS. Guess a lot of actors and actresses were hired for the shot.
Around 7PM here, he had police tear gas and terrorize PEACEFUL PROTESTERS to clear the street just so he could walk outside the WH gate to St John's Church for a photo-op. Why? Because he was angry that the world knew he was secreted in the WH bu…
Been thinking (pondering) of adding a modest holding in a commodity strategy fund (PCLAX) to my hybrid income sleeve since commodities have been beaten up in the recent stock market swoon. My outlook is that PCLAX can turn a 25% to 35% gain over th…
Pretty much stay the course on my existing long-term portfolios and invest new money as opportunities present themselves for either long-term positions or as near-term trades, as I did in Feb-May this year.
Trump related daily news...
Potus wants open church asap..I told my frail 70s yo Mother and Papa [whom are extremely devoted previously], none if them want to go to large gatherings presently...they may go if vaccines or effective therapies are av…
This is a great thread and I hope someone will come forward to keep it going should Pud still be with his posture that this will be his last month to host the thread. He has done this for the past couple of years and pretty much feels, as I felt, …
"Trumpodunno" -- I need to remember that.
Maybe I'll start referring to him as 'Tweety Amin, First Trumpodunno of Dotardia' in formal social situations to ensure proper respect is paid to him when not on the battlefield. Because when engaged in …
Donald J. Trump. The J stands for 'jenius' you know.
@JohnN. Trump knows more about everything. Not just medicine. He knows more about the environment, west coast forest fires, China, national security and how ballistic missiles operate. He knows…
Hi @_rforno, how is your total accumulative return do over past 20 yrs, upwards of >350% totals?...thx kind regards
I've not calculated it, nor am I interested in comparing my performance to any industry benchmark, because I don't care about benc…
With the exception of maybe TROW and LAZ, I wouldn't touch bank or financial stocks with YOUR money. Even if the fed backstops them as they did in 2008, I just don't trust them ... and I never would buy bank preferreds, which are almost always non-…
My long-long term portfolio has several stock positions that haven't done anything but reinvest for over 20 years. Boring is beautiful when it comes to long-term wealth accumulation.
My more active portfolio has a few like that, but I tend to tra…
Yup. General Dotard von Bonespurs is setting up to screw our troops. He only uses them for props when it serves his interests -- which explains why recent polling of military families has him polling much lower nowdays than in 2016.
This draft d…
His staff is giving him Hydrox cookies with milk, so he's a bit confused right now.
That helps explain why #PresidentPlump and the #GirtherMovement is trending on Twitter today.....
FYI the WH press secretary says the WH doctor's memo was not meant to confirm the president is using the drug and was instead intended to show Dr. Conley “agreed with the analysis that the benefit outwighed the risk.”
So .... they had a chat about…
what happens if trump has major health issues/falls and cracked his skulls/admitted to hospitals, Pence also gets covid and also quarantine for few wks. Forever sober Nancy takes over in the interim? Maybe a dream come true for many
I'm no Democrat…
Trump may have gotten so rattled by the idea that he was exposed to people testing positive that he decided to swig the stuff. With doctor's permission.
They discussed the risks and benefits. Risks to someone in his condition who gets COVID-19…
It's interesting that Tweety Amin's WH doctor released a letter that says they discussed the risk, but he never *explicitly* says he prescribed it -- or even that Tweety is taking it. So I remain skeptical of this claim by the Liar-in-Chief. If n…
I don't gamble in Vegas ... if I'm going to speculate/gamble/"roll the dice" at times using 'fun' money, I'll do it in the stock markets. Sometimes I have better luck that way, too. :)
I've always been a proponent of defense investing as a long-term allocation in my accounts. Have held several individual stocks over the years and also own FSDAX.
FWIW saying I recently put on a speculative long-term GE options trade as described in the BSW thread for May. At this price, it's worth a gamble with some fun money I think.
Hi @rforno
You noted: " in 'safe' bonds earning piddling amounts"
Is/are the piles of debt too large across most bond areas? Yes. Will a day of reckoning arrive to blow up the debt markets? The potential exists.
Catch
Absolutely. Ten, twenty yea…
If I was sitting on 25M like her I'd probably have 5-10M in 'safe' bonds earning piddling amounts as my cash 'bucket' for emergencies and/or my retirement piggy bank. Remember, the more you have sitting "earning next to nothing" the more "somethin…
How much China is represented in these funds/indices anyway? It can't be that much, but I guess Boss Tweety needs something new to distract from his ongoing flailing & failing these days, so .....
Put on a 5/7 (Jan 22) combo spread on GE for a small credit, 20 spreads controlling 2K shares. Just taking it as a speculative position on a corporate turnaround/recovery .... if GE goes below $5 it may run the risk of getting delisted and/or re…
thanks, VF. I'm newly 98% retired, with time on my hands and a need to keep my brain working. this could be an interesting thing to study and paper trade, even if i do nothing more.
Paper trading is a good way to learn basics about the markets/tra…
So I had learned 15 years back. Converted $50K to $75K in 2 months and then turned $75K to $40K in about 8 days. Closed my account and ran. It was a mistake.
Happened to me when trading futures during my doctoral years. Made insane profits & h…
A very intriguing fund and seemingly well-allocated fund that I would consider adding to my portfolio -- though I have a hard time paying 1.07 a year for it when the performance (and some holdings) seems quite comparable to PRWCX, which I'm still q…