Gyroscopic Investing

Kriegsspiel wrote: ↑Tue Mar 31, 2020 12:11 pm What does HYG do, sell fluffy sweaters and comfortable fireplaces?

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 likely

Also bought Gld today 335 shares 149.35.. still have an open limit order on uso at 4.04

Good timing on TLT - up 2.32% already.

i may decide to let it play out longer than a quick pop

Did you get in on USO?

Almost +16% today.

Also, Bitcoin almost +20% today!

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

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.

barrett wrote: ↑Sat Apr 04, 2020 8:13 am 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.

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%

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

Futures down 85 ....come on sdow ......

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.

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

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

what kind of gain are you holding for these udow and uso?

how has your results been with uso?

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

Bought 250 shares xom at 41.70

mathjak107 wrote: ↑Mon Apr 20, 2020 12:38 pm Bought 250 shares xom at 41.70

Assume you're looking for quick hit?

i am trying

mathjak107 wrote: ↑Mon Apr 20, 2020 1:59 pm i am trying

Closed 41.25 after hours.

Whatcha gonna do?

Hold for now

MJ.

You're in the green now (41.755).

i added more this morning when it was down ..41.37 313 shares

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?

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 .....

sold xom , nice gain

Good call - XOM blowin up.