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hi David. I do not understand "but way back the trough in a bear." I understand that there is still room for bad news -- or something. Just never heard it expressed that way.
What else can be way back the trough? Is this a common phrase in some pa…
@WABAC - SBUX begs to differ on the not buying back their stock part. I grant that it might not be with cheap borrowed money but who knows. And really, could there be a better time if a company is looking to juice its earnings/share figure?
Depends …
Oh.
Well.
My snarky answer is that it seems to be big enough to raise yields on the ten year bonds.
this is interesting to me because it provides a sense for how much ammunition the federal government may wind up using.
I can see 10%. It's an…
Is there a case for that, that the outlook for corporate earnings is better now than in 2016?)
You could try digging around on this government data site.
Or, here's one news account that makes me think the answer to your question is no.
Corporate…
Vanguard's utility index (VUIAX) jumped 13.17 in my taxable portfolio. My broker no longer makes it available for less than the minimum.
USAA's precious metals fund (USAGX) led my IRA at 12.07. That's pretty much a break-the-glass fund. If I never…
so what's the bottom line?
It's only objective if you believe in charts.
The chartist at the link thinks we're over-sold. But he's waiting on some other chart indicator to buy.
I agree on the fiscal angle. As do most of the people quoted at your CNBC link. Lots of pithy comments there in general.
My favorite:
Clemons said he doesn’t see signs of a market bottom forming but he does see consistency with the crisis markets o…
@WABAC -- agree, that's actually a good way to put it. I blame AMG. Frankly their international is a stronger relative performer than their global.
M* calls their global fund an international large cap value. And in that category it's the best of …
Hey there Hank. You need to talk to Olivia Newton John first. Sweat bands. Spandex. Leg warmers.
Sheena is a Punk Rocker was more my style in those days.
Pretty much what I was thinking.
But I was sort of wondering if they had ever nailed down the process somewhere that it could be examined.
Justification by faith alone perhaps.
Maybe lots more pain for 2 -4 wks, at least until numbers covid19 stabilize or go down at least usa/eu...severe contractions globally at least short terms
There was a time when I would have said something like "a firm grasp of the obvious". But giv…
YTD Should one buy the big gapping declines of 4, 5 or 6% on a given day or abstain? Normally I’d say buy. But this global health issue throws us into unknown waters.
I was thinking about buying today, until the Fed, and the Pres, intervened.
M…
last 11 days down ~12%, SP500 down ~10%, bond sauce aggravating things rather than the opposite
But oh, those monthly dividends just keep adding more shares.
All my figs are from M* graph of $10k growth, so includes divs, not that it is computed …
Bernard Baruch supposedly said that he made his money selling too early.
It's too late now to seek to preserve principle, or make gains, unless you have cash you think you can deploy wisely to some positive end.
You have to hope that your over-al…
last 11 days down ~12%, SP500 down ~10%, bond sauce aggravating things rather than the opposite
But oh, those monthly dividends just keep adding more shares.
Hi Anna. Try eBay. You might be able to get local pickup, or faster shipment. Seems to be plenty available. But I didn't look too hard at the price.
Good luck.
I thought of this thread while reading this piece from Reuters about the Fed's attempt to calm the bond markets.
I think they buried the lede.
The Fed also saw low take-up of the new loans by primary dealers. Banks borrowed only $119.5 billion fro…
Probably the nicest things M* Christine has ever said about dividend stocks in the 8-10 year I've been reading her.
She still can't bring herself to say utilities or consumer staples, even if half the home page is touting such investments in indivi…
As for bargains: at the risk of sounding like a broken record: Canadian BANKS. RY CM BMO TD BNS NTIOF. Down YTD between -27% and -42%. CM's div. yield is 7.08% tonight. (Morningstar.)
I met a Canadian financial advisor on a train trip ba…
@WABAC- same here in SF. 8.5%, as I recall, in 1975. Of course, income rates were a whole lot better also.
SF has changed a lot since those days. The inlaw that was our first stop in town at 19th and Pacheco is probably going for 8 times the rent we…
I'll start sniffing around when things start getting back to "average" PE ratios. Some of mine are still in the 20's --- though probably not after today.
Well. It's not like people weren't worried about liquidity before this started shaking out. It's why I leaned into shorter duration funds when I rebalanced.
And I always wondered how ETF's would fare in a serious rout/panic. But I never bought any.…
Look, if the home price is reasonable and the mortgage rate is great, what's the cost of the repairs... less than 1% ? You're doing fine... just but the damned thing and forget it.
Heck yeah. Based on what I know so far. That rate is practically giv…
Well, with a buy limit order at $260, after tomorrow I'll likely also have a small position in ASML. That ought to be enough to cause the entire market to drop at least another 20%. :(
I think about buying individual stocks.
I was at a backyard ba…
