MARKETS,Anybody even yet?

[olds442jetaway]

Only up .16 percent today. Dragged by sqqq. Most consensus is Recession for sure. May be glad I have those 100 shares at some point.

[FAA]

The Big Short star pulled out of everything except a private prison company. A third cash is just fine for now.

[dinghy]

The Big Short star pulled out of everything except a private prison company.

Those 13F hedge fund filings have some limitations. They're lagged 45 days, so we only now know what Burry did as of June 30th.

He sold 165m of long stock positions, but also eliminated a 35m short (via puts) against AAPL. So I'm getting somewhat mixed signals.

And we can't assume he's now sitting in cash because some types of securities are exempt from the reporting, such as anything traded on a non-US exchange.

Dragged by sqqq. Most consensus is Recession for sure. May be glad I have those 100 shares at some point.

I don't know of a definitive survey source, but recession is definitely on people's radar. The way I see it, we have the S&P at 4300, within about 10% of its all-time high. For stocks to go down, we need worse than expected news, but bad news is already expected.

To really crash stocks, we probably need VERY bad news.

[olds442jetaway]

I am hoping against it, but who knows. I will eat my sqqq loss any day and trade it for a return to even for the year. Still a bit over 8 percent down for the last 12 months. My winners today were similar to a few days ago.

[dinghy]

BBBY +65% to 26.

[FAA]

The media sure overlooked those Burry details. Basically, they just drew attention to the prison company, which will continue to rise.

[FAA]

Markets: +0.7%, +0.2%, -0.2%. I was -0.14% today. The chips were down, and big. I am continuing to suffer with a tech portfolio tarnished by market disdain and contempt.

[olds442jetaway]

Up just a smidge today. My biggest yearly loser Dis is holding for the moment. My best performing lately. DS-PB. Over 11 percent dividend to boot.

[FAA]

I'll say it's holding. +30% in one month and +15% over three months. You're riding a Lazarus level comeback story! Nice dividend to roll into it as well.

[dinghy]

2-year Treasury yield 3.35%, a new 15-year high. I scraped together some cash to buy SCHO below 49.

Market is now projecting Fed +75 bips next month, then min-hikes in November, December and March. Terminal range 3.75-4.00% (midpoint 3.875%).

Best sector today energy because weekly inventories came in low. SFL +6%, and I still own it! Thought I was out, but I still own a serving piece. (Misread my notes.) If it hits 11 and a half, I'm done.