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BaluBalu
Professional Experience:
Corporate Finance (Corporate Venture Fund investments, International and Treasury finance, Public Debt issuances, M&A, Joint Ventures, Planning, Business Divestures, SEC filings);
Policy and Legislative & Regulatory Affairs - Washington DC;
Capital Markets - London and NYC;
Commercial Bank Lending;
Field Biology.
Looking at the 5 yr chart, and if you ignore the current drop from July 16, BLNDX chart held up pretty well. Look at that Covid crash performance. Not sure why it could not navigate the current situation. All good things and such. Apologies to a…
Per a request, this link is added to this thread.
The data shown is an indicative gauge of direction and isn't a monitor of trading in an open and active market. REF: Finviz shows about +5% at midnight for Japan; while the active and open market th…
@hank
I've posted this numerous times. Save the site. It's reliable for a good reference.
FINVIZ futures
Hi Catch,
Do you mind adding FinViz to the OP in your Rotation City thread? Thanks
My outsourced assets are all red, including the one bond fund that had not seen red forever, no one protected me today. I have a couple of greens in my own trading. The equity land was not a complete wash out today, there were a lot of stock in th…
Thanks. I reactivated all three modes of access at Schwab and Fidelity, though I primarily use the website on my computer.
Check order status before placing re-orders to eliminate duplicate orders. I do not know if there is any fool proof system…
I now understand the title of this thread!
BLNDX is down 10% from its July 16 peak. SPY lost about 1.5% less. Did someone mention BLNDX is an All Weather fund? More like up the escalator and down the elevator.
We have too many threads about market conditions. I recognize the one titled "Rotation City . . ." is meant for data sharing and substantive discussions. It would be great if we can limit to one other thread - one thread at a time.
I think the best we could do about the person who believes in any publicity is good publicity is to not give any publicity.
I wish the click bait and attention seeking media recognizes the above; unfortunately, the media depends on those for revenu…
Is Fidelity ATP having trouble too?
At Fidelity, all my resting GTC limit orders were automatically cancelled pre- market. Is this a new thing that you are not allowed these orders in panic markets?
@squawkident,
I think MRFOX was recently added at Fidelity.
It is not a bad idea to create your own GA fund. I created one by transferring a fixed $ amount to a newly created brokerage account at an existing brokerage relationship. I never add m…
@Squawkident,
"I was really interested in MRFOX but the hoops I would have to jump through to buy and sell are too much. Signature guarantees to sell a large amount? No thanks."
I own MRFOX at Schwab. There is no signature guarantee to sell at Sc…
Do you guys remember Todd Combs? He is the CEO of Geico. He was originally hired by Buffett in 2010 to manage some of BRK portfolio investments, with the thought that he would take over BRK investments when Buffett retires. It turned out Todd had…
Some random thoughts -
XLU was up 4.3% for the week which makes no sense if the economy is falling out of bed. At the end of October, 10 yr was at 4.9% and ended at 3.8% on 12/26. During that drastic drop in 10 yr rates, XLU did not rise or behav…
@Dennis Baran,
Did MRFOX say if they are going to provide month end portfolio stats (or at least cash level) or do we have to wait for quarter end stats? Monthly commentary could be a lot to ask for.
PSH YTD TR: -0.4% and currently at 34% discount. Which institutional investor would be able to get this product through their investment committee?
https://www.bloomberg.com/news/articles/2024-08-02/ackman-s-pershing-lost-4-7-in-july-erasing-most-…
Markets are throwing a tantrum. When do the FOMC members’ speaking engagements start?
Austin Goolsby was on Bloomberg at noon. It helped for a while.
Thanks. I did catch him in my Bloomy recording. Rate cuts are coming irrespective of the s…
@old_Joe,
BA hired a new CEO, who will be based in Seattle and not at their HQ next to the law makers. The other good news is, he is an engineer. He came out of retirement to take this job.
Lucky for BA that the market did not care for its (su…
An interval fund could work for institutional investors.
He could have started with a 5-year term CEF with an opportunity to extend the term with shareholder vote, which is a more captive capital than an interval fund.
My advice to him now is "…
"He also named some investors he said planned to participate in the IPO and some he said weren’t. Such details typically are closely guarded and Ackman wrote the letter assuming it would remain private."
Assumed or more like the way he would like r…
Rick, the WSJ info is stale.
The headline I posted was a Bloomy Alert - at that time detail was not available.
To my request for details of the IPO, the following is from Gemini :
Pershing Square USA IPO Cancelled
Pershing Square USA, the closed…
Thanks.
Below are my highlights which did not make me think we need to have a runaway stock market but cap weighted indices begged to differ. I guess the reaction between AI and micro caps is telling.
Statement: "The economic outlook is uncertain…
https://bilello.blog/2024/the-week-in-charts-7-29-24
A disturbing stat - 8(d) "There are now about 3 times as many stock mutual funds and ETFs in the US as there are publicly traded equities."
A few of my securities, including XMHQ, are currently lent out by Fidelity under the securities lending program and I get paid interest on the lent out securities. The same securities in my Schwab accounts which are also enrolled for securities len…
@BaluBalu. If you are referring to restoring my relationship with Schwab the fruit basket did no such thing. My one brokerage/banking simplification plan is being revisited. Some ok pears didn’t change a thing.
NO.
@MikeM,
I can absorb up to 5% loss before exiting. But I am not going to increase it which means I am going to exit sooner than latter to reduce clutter in my portfolio. I have not found the magic pill / perennial longevity fund. When rates were…
