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.
Hi @Derf ... Here is the how the dictionary defines the word "MOVE" and that is to go in a specified direction or manner; change position. This is how I believed Mr. Paulsen intended it use. Anyway that is my take away. Skeet
Hi @MikeM. Your thinking sounds reasonable to me. However, there is a lot of money in the system and it is not going to be happy with a 0% to 1% yield when one can make more in stocks and bonds. This is why I loaded equities in the stock market s…
Hello guys. Today (Tuesday) looks to be another up day. As I write, this morning about an hour and a half before the market opens, the S&P 500 stock futures are up close to 80 points or about 3%.
The futures... https://finviz.com/futures.ashx
An update. With the S&P 500's 175 point gain today (+7%) Old_Skeet's stock market barometer now scores the Index with a reading of 165. This moves the Index, on the barometer's scale, from Extremely Over Sold (175) to Oversold (165). A lower …
@Old_Joe ... Captain Crozier might not get his ship back; but, he just might get promoted! As Trump says ... I'll look into it ... review it ... and go from there. I'm glad to learn that Trump recanted.
@MikeW. I hold CTFAX in my hybrid income sleeve as it kicks off capital gains coming from its investment activity. Plus, it pays a dividend. Check it's disbursement activity on its mutual fund site. It is a good fund to own in volatile markets. …
The two funds I sold were held within my hybrid income sleeve. I'll be buying during the next pullback within this sleeve thus maintaing my allocation. If the pullback comes soon I'll be buying other funds after 31 days I may by back one of the on…
Hi @MikeW.
Perhaps you are correct. However, for me, I running with their revised TTM earnings number published 3-31 and those projected thru September. I expect it to change. But, I feel it is the best currently available.
I,m staying invest…
Hi guys. Pick a number for a low. Mine is 2000 for the S&P 500. With a 5 percent earnings yield equates to the Index's earnings being about $100. Currently S&P's projects earnings to be in the mid $130's thru summer. With a 5 percent ea…
With the S&P 500 coming off of the 2200 range towards the last part of March the trend is up. Now at the 2580 range as I write! I would not be surprised to see a near term upside to 2700 range. Perhaps, even 2800.
With a 5% earnings yield 22…
Yes ... I am disappointed as probably others are as well. I felt Captain Crozier was our modern day George Patton. General Patton made controversial comments which got him in trouble with superoirs. Indeed he was one of our best generals of all t…
As of market close March 27th, according to the metrics of Old_Skeet's stock market barometer, the S&P 500 Index remains extremely oversold with a reading of 175. This is on the high side of the barometer's scale. A higher barometer reading ind…
Do we not have a modern day George Patton in Captain Crozier?
I'm thinking that, in good time and after review, the Commander in Chief will act to make this right.
Hi guys, In following the markets I track a couple of Index funds. For the bond index I have it down a mere -2.2%. For the US stock index I have it down -25.2%. For the international stock index I have it down by -25.7%; and, for the real estate…
During the month of March I've pretty much made my equity plays within my portfolio for the time being.
I expanded my domestic equity income fund sleeve from four to six funds. The funds held in this sleeve are ANCFX, FDSAX, IDIVX, INUTX, LCEAX …
@MikeW ... Thank you for your question on how I'm fairing. I am much in line with my conersative asset allocation funds which make up better than 25% of my overall portfolio. My best performer year to date in my hybrid income sleeve is CTFAX -1.72…
@Derf, The real estate income fund that I added to yesterday was FRINX. And, I plan to buy another step in it later. Another position that I added to yesterday was FLAAX. I've pretty much moved my buying from the equity side of my portfolio to th…
Hi @Mona, Thinking back Trump wanted to better secure the Southern boarder (through continued construction of the wall) so the Country could better control illegal immigration. Who took issue with this ... the Dems. From my perspective my own Demo…
Hi folks, I know I was critized on the board, by some, who felt that I held way to many funds (close to fifty). However, I don't have but two funds that are down more than IOFAX (an income fund) and they are considered small/mid cap funds with a lo…
Hi @rsorden. Not all of us on the board are against Trump.
I'm a conserative North Carolina Democrat that voted for and supports this duley elected Republican President (Trump). Running Hillary for President was and remains a big Joke. Problem i…
Who says that they have not been buying stocks or stock futures? After all, they bought shares of GM & Chrysler (perhaps others) back in 2007 & 2008. And, there has been no audit of their balance sheet. So, we really do not know what the …
Just a BA in Economics here ... I'm thinking that the S&P 500 Index trades between a near term range of 2,000 to 2,400. This is based upon TTM earings for the Index being in the range of $100.00 to $120.00 with an earnings yield of 5%. Current…
Hi guys. If one is down 20% then they have to go back up 25% to get even. This is why Old_Skeet bought the downdraft because when the rebound comes I will not have to travel as far to get back to even.
Hi @Mona, Currently, the only muni fund I own is FLAAX which I hold in a taxable account. Years back, I held six of them all in my taxable account. The reason that I own a muni fund is that it gives me diversification within my income sleeve and …
For me, I'm an asset allocator and I manage risk and opportunity through maintaining and/or adjusting my asset allocation based upon my needs, risk tolerance and market conditions. Plus, I limit how much exposure I have to any one fund to better de…
Hi @davfor, Thanks for stopping by and asking for my thoughts on PFANX. I have owned this fund in the past. My answer is, though, in a question form. What is there not to like? It is selling off its 52 week high by 16%, has a yield of 5.85%. an…
As of market close March 27th, according to the metrics of Old_Skeet's stock market barometer, the S&P 500 Index remains extremely oversold with a reading of 175. This is on the high side of the barometer's scale. A higher barometer reading indi…
Hi guys.
From the closing low on the S&P 500 Index at 2237 on 3/23 I have the Index up through today's market close of 2630 at 17.5%. Since, I bought at the 8, 13, 19, 26, 28 & 26 percent decline marks my average buy computes to 20% off …
I'm planning on riding the stock market back up with pretty much with what I rode it down with; however, I have increased my allocation to equities from 40% to 45% and reduced cash to from 20% to 15% and kept my fixed at 40%. I added to a couple of…
A little better than an hour before the markets open in the States this morning with stock futures being nicely up accross the board and with the VIC and US Treasury's trending down. (Stocks up ... bonds down).
Thanks @Sevn for pointing out the ty…
Folks here is where I'm on the market.
Currently, S&P has the S&P 500 Index earning about $140.00 per share TTM through March. $140.00 X 20 = 2,800.00. The mutiple of 20 represents a 5% earnings yield. The market closed Friday at 2,305…
Hi @Crash, A utility fund that I have owned in the past is MMUFX. It carries a MFO risk rating of 3 and a return rating of 5. This is the A share ticker. Perhaps, it can be bought somewhere commission free as other share classes are available.
As of market close March 20th, according to the metrics of Old_Skeet's stock market barometer, the S&P 500 Index remains extremely oversold with a reading of 180+. This is on the high side of the barometer's scale. A higher barometer reading in…
Hi @Derf, Yes the fund is down ... I have CTFAX off its 52 week high by -11.1% and down ytd by -7.41%. In comparison, I have the S&P 500 Index (SPY, my stock proxy) off its 52 week high by -32.5% and ytd down -28.48%. Interestingly, AGG (my bo…
For those that want a mutual fund that throttles its asset allocation between bonds and stocks based upon the movement of the S&P 500 Index might want to check out a fund that I own (CTFAX). I bought this fund back in 2008 & 2009; and, it w…
Hi @Crash. In response to fund managers putting cash to work. I own a fund with ticker symbol CTFAX that moves from bonds to stocks based upon the movement of the S&P 500 Index. Just last week, it went from 15% stocks to 60% stocks. In addit…
