It's still on low volume. I wouldn't think too much into it.
Stock scream room
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- dualstow
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Re: Stock scream room
Well, i have no idea where stocks are going, but i’m comfortable not really buying or selling. Very little of both. Comfortable holding.
9pm EST Explosions in Iran (Isfahan) and Syria and Iraq. Not yet confirmed.
Re: Stock scream room
Yeah, this seemed to be the first bona-fide "flight to safety" with some staying power that I've seen in a while. I think my portfolio is at an all time high.
Let stocks "correct" all they need to. If it keeps up I'll be trading some long bonds and gold for those cheap stocks everybody is selling.
Re: Stock scream room
Define "cheap". There is nothing about equities that I personally see that can be called anywhere near cheap. Even a 10-20% correction would still be expensive against any historical metric.jacksonM wrote: ↑Wed Aug 07, 2019 3:00 pmYeah, this seemed to be the first bona-fide "flight to safety" with some staying power that I've seen in a while. I think my portfolio is at an all time high.
Let stocks "correct" all they need to. If it keeps up I'll be trading some long bonds and gold for those cheap stocks everybody is selling.
Re: Stock scream room
I define it as having hit the re-balance bands. I'm not smart enough to actually know when something is cheap or not so I just follow the system.pmward wrote: ↑Wed Aug 07, 2019 3:23 pmDefine "cheap". There is nothing about equities that I personally see that can be called anywhere near cheap. Even a 10-20% correction would still be expensive against any historical metric.jacksonM wrote: ↑Wed Aug 07, 2019 3:00 pmYeah, this seemed to be the first bona-fide "flight to safety" with some staying power that I've seen in a while. I think my portfolio is at an all time high.
Let stocks "correct" all they need to. If it keeps up I'll be trading some long bonds and gold for those cheap stocks everybody is selling.
- Cortopassi
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Re: Stock scream room
Yep.jacksonM wrote: ↑Wed Aug 07, 2019 3:47 pmI define it as having hit the re-balance bands. I'm not smart enough to actually know when something is cheap or not so I just follow the system.pmward wrote: ↑Wed Aug 07, 2019 3:23 pmDefine "cheap". There is nothing about equities that I personally see that can be called anywhere near cheap. Even a 10-20% correction would still be expensive against any historical metric.jacksonM wrote: ↑Wed Aug 07, 2019 3:00 pm
Yeah, this seemed to be the first bona-fide "flight to safety" with some staying power that I've seen in a while. I think my portfolio is at an all time high.
Let stocks "correct" all they need to. If it keeps up I'll be trading some long bonds and gold for those cheap stocks everybody is selling.
Re: Stock scream room
That makes more sense. The word "cheap" threw me for a loop there, haha.jacksonM wrote: ↑Wed Aug 07, 2019 3:47 pmI define it as having hit the re-balance bands. I'm not smart enough to actually know when something is cheap or not so I just follow the system.pmward wrote: ↑Wed Aug 07, 2019 3:23 pmDefine "cheap". There is nothing about equities that I personally see that can be called anywhere near cheap. Even a 10-20% correction would still be expensive against any historical metric.jacksonM wrote: ↑Wed Aug 07, 2019 3:00 pm
Yeah, this seemed to be the first bona-fide "flight to safety" with some staying power that I've seen in a while. I think my portfolio is at an all time high.
Let stocks "correct" all they need to. If it keeps up I'll be trading some long bonds and gold for those cheap stocks everybody is selling.
- Cortopassi
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Re: Stock scream room
Well, not unexpected. Another well recovered dip in the market. At least gold is holding decently well.
Some amazing gyrations that don't matter much when holding the pp.
Some amazing gyrations that don't matter much when holding the pp.
Re: Stock scream room
Yeah, it looks like we got at least a bit more life. Today confirms a false break down of the key 2880 level. It makes no fundamental sense to me. Economic data weakening, earnings have been very poor this quarter, all kinds of macro headwinds, trade war, etc yet stocks are refusing to go down. Makes me wonder if there is some credence to Brent Johnson's theory that U.S. stocks will rally, not because things are good, but because things are bad. We will see, we do have that ominous Sept/Oct timeframe just around the corner. Will be interesting to see how it goes. Glad I'm in a GB at this point, as nothing makes much sense fundamentally right now. It's nice to be an observer this time around, with no money being bet one way or the other.
Re: Stock scream room
It is nuts.
Re: Stock scream room
Stocks dump yesterday... I made $4000
Stocks soar today... I made $1400
Yessssss! I think I stumbled by sheer luck into the perfect portfolio for the present day. It's really odd! How is it doing this?
It's purely a result of getting stopped-out of equities and being too chickenshlt to jump back in, instead I took on risky "credit" bonds.
Stocks 8.2%
Aggregate bonds 15.5% (only bond choice in retirement plan)
TLT 15.9%
Credit bonds 34.4% (LQD, EMB, HYG, PFFD)
Gold 12.7%
Cash 13.3%
Stocks soar today... I made $1400
Yessssss! I think I stumbled by sheer luck into the perfect portfolio for the present day. It's really odd! How is it doing this?
It's purely a result of getting stopped-out of equities and being too chickenshlt to jump back in, instead I took on risky "credit" bonds.
Stocks 8.2%
Aggregate bonds 15.5% (only bond choice in retirement plan)
TLT 15.9%
Credit bonds 34.4% (LQD, EMB, HYG, PFFD)
Gold 12.7%
Cash 13.3%
- dualstow
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Re: Stock scream room
Stocks 8%? Aren’t you a little young for that?
9pm EST Explosions in Iran (Isfahan) and Syria and Iraq. Not yet confirmed.
Re: Stock scream room
The credit bonds are quite volatile. They are my stock stand-ins.
Paul Novell's model went risk off twice in last 9 months, I have been extremely cautious about getting back in, and how I express my desire to put on risk.
I think of myself as a lemming who sprained his ankle 100 yards before the cliff face.
- Cortopassi
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Re: Stock scream room
Damn things are volatile lately.
But a new high on the pp for me, up 15.47% for the year.
And laughing at these multi-hundred point ups and downs.
But a new high on the pp for me, up 15.47% for the year.
And laughing at these multi-hundred point ups and downs.
Re: Stock scream room
Yeah it is really funny listening to all the people freak out in my works investment Slack room. Most of the people on that board are not just 100% stocks, but heavy into gambling on IPO's and flavor of the month story stocks. Lots of tears there today. And me, I'm just sitting back from the comfort of my GB laughing all the way to the bank, haha.
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Re: Stock scream room
Again, for historical sake, since tomorrow can and will be completely different, I post the three main assets 1 year comparison. I would not have called this by a longshot. I don't even think a gold bug or a bond bull would have got this right.
Re: Stock scream room
Stock futures down more than 1% now. Looks like the market is not buying the spin from The Kudlow & The Munchkin.
Re: Stock scream room
What a game of ping pong.
The day after the long holiday weekend is the one to watch. If Friday is down, Tuesday is at risk.
The day after the long holiday weekend is the one to watch. If Friday is down, Tuesday is at risk.
- dualstow
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Re: Stock scream room
This is a good time to say I’m glad I haven’t done much of anything with regard to trading this summer. Small moves, like Carl Sagan wrote in ‘Contact’
It’s all about asset allocation (touches pinky ring).
9pm EST Explosions in Iran (Isfahan) and Syria and Iraq. Not yet confirmed.
Re: Stock scream room
I've done some tinkering myself. Not anything particularly drastic, but enough to be noteworthy.
I've added a value tilt to the stock portion of my portfolio via the Vanguard Global Value Factor ETF (VVL). However, my total stock weighting is still the canonical 25% in the aggregate.
In my VP I've bought some shares of Lululemon.
I've added a value tilt to the stock portion of my portfolio via the Vanguard Global Value Factor ETF (VVL). However, my total stock weighting is still the canonical 25% in the aggregate.
In my VP I've bought some shares of Lululemon.
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- Kriegsspiel
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Re: Stock scream room
You want to grab some of that yoga pants booty, eh matey?
You there, Ephialtes. May you live forever.
Re: Stock scream room
Of all the companies I've done Phil Fisher style scuttlebutt research on, this one was by far the most enjoyable!Kriegsspiel wrote: ↑Tue Aug 27, 2019 3:26 pmYou want to grab some of that yoga pants booty, eh matey?
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