They are high yield bonds which are way over sold in my opinion and interest rates on them are very attractive ....the market priced them like equities and they saw the same drop...as usual the markets over react most likelyKriegsspiel wrote: ↑Tue Mar 31, 2020 12:11 pm What does HYG do, sell fluffy sweaters and comfortable fireplaces?
mathjak's daytrading adventures
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Re: mathjak's daytrading adventures
Last edited by mathjak107 on Tue Mar 31, 2020 1:17 pm, edited 1 time in total.
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Re: mathjak's daytrading adventures
Also bought Gld today 335 shares 149.35.. still have an open limit order on uso at 4.04
Re: mathjak's daytrading adventures
Good timing on TLT - up 2.32% already.
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Re: mathjak's daytrading adventures
i may decide to let it play out longer than a quick pop
Re: mathjak's daytrading adventures
Did you get in on USO?
Almost +16% today.
Also, Bitcoin almost +20% today!
Almost +16% today.
Also, Bitcoin almost +20% today!
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Re: mathjak's daytrading adventures
Oil had a good pop ..I missed getting it by 5 cents the other day ..I had an order at 3.99 and it hit 4.04
Re: mathjak's daytrading adventures
mathjak, I know you are a big stock guy and am curious what your allocation is after this drop. I thought you said somewhere (maybe earlier on this thread) that you were somewhere around 25%. Is that about right? Thanks.
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Re: mathjak's daytrading adventures
Yes .....
Over all I am about 25% equities...
Very high cash levels though .... I sold a lot of my total bond and corporate bond holdings to be deployed elsewhere..eventually I will work up to 40% or so in equities ... I was actually lower than 25% since the drop but I have been adding on the drops so I am back to 25%
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Re: mathjak's daytrading adventures
bought today
4/06/2020
Buy 1,000 of USO at Market (Day) Filled at $5.47
04/06/2020
Buy 200 Shares of SDOW at Market (Day) Filled at $40.6801
4/06/2020
Buy 1,000 of USO at Market (Day) Filled at $5.47
04/06/2020
Buy 200 Shares of SDOW at Market (Day) Filled at $40.6801
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Re: mathjak's daytrading adventures
Futures down 85 ....come on sdow ......
Re: mathjak's daytrading adventures
You're short, and I took 5% off the table into cash today... so this means the market is likely to blow up in both of our faces tomorrow, LOL.
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Re: mathjak's daytrading adventures
That would be typical.....but so far futures down at least now and oil up ....I don’t hold these very long at all ......especially sdow that was down something like 22% today .....
Right now my one day a week of work is on hold so if I make a days pay I am happy
Right now my one day a week of work is on hold so if I make a days pay I am happy
Re: mathjak's daytrading adventures
what kind of gain are you holding for these udow and uso?mathjak107 wrote: ↑Mon Apr 06, 2020 6:28 pm That would be typical.....but so far futures down at least now and oil up ....I don’t hold these very long at all ......especially sdow that was down something like 22% today .....
Right now my one day a week of work is on hold so if I make a days pay I am happy
how has your results been with uso?
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i just bought uso again .... over all uso has made money but i only hold it a day or two .. i buy after a tumble and sell first pop
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Bought 250 shares xom at 41.70
Re: mathjak's daytrading adventures
Assume you're looking for quick hit?
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i am trying
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Re: mathjak's daytrading adventures
Hold for now
Re: mathjak's daytrading adventures
MJ.
You're in the green now (41.755).
You're in the green now (41.755).
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Re: mathjak's daytrading adventures
i added more this morning when it was down ..41.37 313 shares
Re: mathjak's daytrading adventures
MJ,
You have mentioned previously that at some point, you have to sell gold + TLT - otherwise you end up riding it up and down endlessly.
With TLT close to all-time highs, are you looking to pocket profits - or let it ride?
You have mentioned previously that at some point, you have to sell gold + TLT - otherwise you end up riding it up and down endlessly.
With TLT close to all-time highs, are you looking to pocket profits - or let it ride?
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Re: mathjak's daytrading adventures
Right now I am sitting as is in these uncertain times and keeping the pp intact for now until we get some clarity .....it is perfect for times like this when things are so screwed up .....
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Re: mathjak's daytrading adventures
sold xom , nice gain
Re: mathjak's daytrading adventures
Good call - XOM blowin up.