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.
Speaking of "polls": As of 11:15 PST-
DJIA 0.22%
S&P Mid Cap 400 1.25%
Technology 0.16%
DJT: $15.65 -3.62%
So. Much. Winning!
He desperately wants it to stay above (IIRC) 12-and-change so he can sell at some point....
https://www.bloomberg.com/news/articles/2024-09-17/trump-pledges-to-restore-salt-write-off-the-tax-break-he-curbed
Behind a paywall but you get the idea.
This is becoming like an Oprah show - everyone gets a tax break. Let us abolish taxes.
In …
It used to be that computer-generated ratings were flagged by Q-symbols. Morningstar generates genuine analyst ratings for about 15-20% of the fund universe it covers. Now there is additional work as each fund class has its own analyst rating (not j…
"Medalist Ratings Not Assigned by Analysts " = "In AI We Trust"
Hard pass for this wizened investor. (Not that I ever put huge faith in analyst 'ratings' by anyone.)
Sold SR/A (now callable) a few cents under par. The cap gains received are a years' worth of dividends and I can move the money into other opportunities.
Here's a writeup of his latest crypto scheme....
https://www.coindesk.com/business/2024/09/04/in-trump-backed-crypto-project-insiders-are-poised-for-unusually-big-paydays/
Trump fancies himself a master builder so I guess he’s staying true to form…
He claims he does not need the money. Right?
Yeah, he "claims" a lot of things.
If he didn't need the money in 2016 or 2020 or 2024, he's sure doing a lot of grifting for dollars. Maybe it's true that he doesn't NEED money, it's just that he'…
Up on high volume and questionable "news". Mini short-squeeze as a result?
Based on his ability to stack up lies without any fear of repercussions, I would take any such statements lightly.
And now he's bleating that NASDAQ halted trading in …
And I thought going through the target’s trash was the way to get the dirt. Thanks @rforno. I believe the Times reported on this study as well.
Trashing is sooooo last century. LOL
BBG: "Donald Trump says he doesn’t want to sell his Trump Media & Technology Group Corp. shares and that he doesn’t need the money, in remarks at a press conference."
Uh huh. He's probably hoping that statement can stave off disaster for juuuu…
Two thoughts ...
How long before companies/people invoke Chevron in cases involving SEC/CFTC/FDIC to overturn regulations that protect markets and investors?
How long before deep-pocketed players who are more ego than brain (Ackman, Musk, other ol…
Interesting thread. 7 pages long, and as far as I can tell, nobody is either long or short the stock.
Not surprising at all -- especially in this group. There's too much risk either way. If you're long, you are losing money. If you are short, you …
The significant DJT decline is incongruous with Trump's debate performance.
The stock's namesake provided his expert assessment of the debate:
"This was my best debate.
We had a 92% rating in one poll, we had an 86% rating in another, we had 77% in …
Per Barrons this post-debate morning....
Shares in the Truth Social parent company, which trade under the ticker DJT, were down over 17% to $15.43 in the Wednesday premarket–its lowest price since the merger with the shell company Digital World Acq…
What I meant was that the ratings agencies might have a hometown bias for "their own kind (financials)".
Ah, ok. Yeah probably you're right. I bet they see the amount of debt utes rack up in the normal course of business and that hurts them on th…
Nothing against Duke as a company - I'd rather buy a note from them than a Wall Street company.
Senior unsecured Duke notes are rated Baa2 (Moody's) and BBB (S&P); current Goldman Sachs new issues (Fidelity listing) are rated A2 (Moody's) and B…
I'd be hesitant to go into floating-rate anything right now given that rates are due to go down....but that .25 'bonus' on the note might keep you ahead of (or at least at-par) with rate cuts. And for me, right now I'd prefer something more tax adv…
DJT closed at $16.98 per share, down another 6% today, Wednesday Sept 4. It's obvious that Biden and the Democrats HAVE RIGGED THE STOCK MARKET TOO !!!!!
It's still $15.98 overpriced though....
(I'll give $1 of value in their share price to reflect…
CNBC this evening: "DJT shares dropped to $17.89 per share around midday Tuesday, The stock’s prior low was set on Aug. 28, when it hit $19.38 per share. The stock price was down roughly 77% from its high of $79.38 per share on March 26, following …
There’s ALOT riding on this fridays jobs report. As long as the numbers are over 125k, things should be okay. If they fall below 100k we are in deep doo-doo!
There's ALWAYS 'a lot' riding on the jobs report, CPI, PCE, PCM, CPI, ISM, etc.....and it…
So how's the super business jenius & cosplaying engineering CEO doing?
WaPo today: "Since late last year, Fidelity has consistently valued the X stake in one of its funds 70 percent below the purchase price, a drop in valuation first reported …
Blind rubes? Why the venom? Can’t we keep things civilized with those we disagree with without having to resort to name calling?
Sure, that was political. Sorry. However, fwiw saying I'd say something similar about people who rushed into buying VI…
Since so many of his cult rubes bought into this as a way of showing blind support for him, one must consider that by dumping his shares and driving down the price, he'd be screwing his own followers/base ... now whether they care or not about that …
YBB, yeah when I read the official fact sheet I was less enthused than I sounded in my earlier post. Still a move in the right direction, though.
I am impressed with (voluntary) daily-disclosure ETFs from CG and TRP that launched in the past few y…
They also approved new rule changes today mandating that OEFs/ETFs report holdings monthly, replacing the previous quarterly requirement. I think this is a *long* overdue change and one that I particularly welcome.
From the article,
"In years where stocks declined, eg the global financial crisis in 2008 or the bear market in 2022, the call options expired worthless but did provide investors with additional income that reduced the drawdowns*."
*(YBB Note) By t…
I lived that life during Dot Com working for one of the most critical internet companies. It was an absolute blast of an experience that thankfully I'm still reaping benefits from as we changed the world back then. But would I work for Big Tech to…
Maybe I shouldn't be, but I'm just surprised that 'sophisticated' folks like Fido would go into this investment given the mercurial and moronic impulses of its cosplaying CEO business jenius with MY money, let alone anyone else's.
Ye reap what ye s…
Speaking of Schwab, this morning's WSJ front page:
Charles Schwab Wants to Fix Its Struggling Bank. Investors Are Skeptical.
Roughly half of the brokerage’s revenue comes from banking
Charles Schwab has called 2024 a transition year.
https://www.…
Everyone these days should lock their credit records at (at least) the Big 5 companies, set alerts for big (or suspicious) purchases if they can, and check their statements/registers for oddities.
As much as I hate having too many accounts open, it…
My son just opened TRP acct. Everything went smoothly until attempting to link his credit union acct with TRP. Sorry, we are unable.... Feces.
He STILL refuses to get a credit card. Prefers cash and debit card. Dunno if that factors in.
An entire g…
I always traded number of shares and not dollars for stocks and ETPs. Fidelity allows one to trade in dollars. I was surprised to find that Schwab website trade ticket does not have that feature. Just an FYI.
You can submit orders at Schwab using…
I'm sure 'Truth'Social CEO Devin MOOOOOnes** will be out with another letter begging Congress to outlaw short sellers of his stock and/or suing anyone who closes their long DJT position before his boss can dump his shares next month.
** https://www…
Rforno, I believe the software companies that will win the AI race are not household names yet. As viewed from a % gain perspective over the next 15 years.
Agreed. But I'll bet most of 'em will get snapped up by the tech companies that *are* hou…
This thread is timely b/c I was tempted to upload my ports to run an XRay analysis there during my discounted year ... I'll wait until the dust settles and 'reviews are in' before doing that.
DG tells us he wants to outperform the market and be less risky. Wouldn’t that be the goal of EVERY portfolio manager? And really,,, he wants to be “differentiated “ but does not seem to be… I know the dude is legitimately a rock star but I clicke…
A recent article in The NY Times about an Iowa pig farmer converting his farm to mushroom production states that there are 4000 factory farms in Iowa. An Iowa farmer interviewed on CNN last night said it’s good for the earth to raise beef cattle. I …
@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…
