MARKETS,Anybody even yet?
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- Video Poker Master
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Re: MARKETS,Anybody even yet?
Markets: -0.5%, -0.7%, -1.25%. I was -0.55% today. Continued tech wreck.
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-.45 percent today. Decent hit by my biggest holding FHIGX. At least the dividends are Fed tax exempt. A bit over 2.5 percent annual. Won’t even cover inflation.
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Bonds have been a rough ride. Must say I'm not a fan of the 0.45% expense ratio. I'm thinking you could get the same stuff in a low-cost etf. MUB is 0.07% with a slightly shorter duration.
There's also SUB at 0.07% with only about a 2 year duration, but the muni yield curve must be sloped differently than Treasuries because the best yields are not at the short end.
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Markets: -0%, -0.1%, -0.1%. I was +0.33% today. One of my techs spiked.
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"How's your BBBY doing this week?"
"It's unchanged."

"It's unchanged."

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- Video Poker Master
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Rumors are swirling that BBBY, which traded above 27 this week, is circling the drain.

Zero Hedge has a story pointing out that bonds have already been signaling the distress. This is the company's 8/1/2044 issue with a 5.165% coupon:
https://finra-markets.morningstar.com/B ... BBY4144682

The price has been sliding all year, but now it's down below 20 -- which is not good for a bond.

Zero Hedge has a story pointing out that bonds have already been signaling the distress. This is the company's 8/1/2044 issue with a 5.165% coupon:
https://finra-markets.morningstar.com/B ... BBY4144682

The price has been sliding all year, but now it's down below 20 -- which is not good for a bond.
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- Video Poker Master
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Markets: -0.86%, -1.3%, -2%. I was -0.86% today.
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- Video Poker Master
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For the week, I was +200 on my PAAS, and +150 on my WDOFF.
Those are share counts, not dollar values.

Roughly estimated in dollars, I was -3% for the week. Almost everything was -. My only good holdings among the larger positions were YPF (+5%) and CPB Campbell Soup (+3%). Best sectors were consumer staples (+2%) and energy (+1%).
Another laggy week, again, for internationals. VXUS -2.9%, VTI -1.5%. Best country on my tracking list was Turkey (TUR +3%). I own a little of that one, but I'm bigger into Chile (ECH -9%) and Poland (EPOL -8%).
Gold miners have disconnected from the gold price. Here's GDX vs GLD:

More GDX for me ¯\_(ツ)_/¯ .
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I was -.36 percent Friday. Like I said above, I think we are still in a bear market. None of us seem to be gaining much ground if any. I am still hovering at - 8.26 percent for the last 12 months. Not good, but better than some. I only had about 3 or 4 winners Friday. The rest were losers.
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I'm sure I must be minus, but don't know how much. These Finviz maps show where I went wrong. 1-year performance.olds442jetaway wrote: ↑Sat Aug 20, 2022 11:24 amI am still hovering at - 8.26 percent for the last 12 months.
S&P 500 stocks:

Lots of green here, although not evenly distributed. My top S&P holding was NEM, which is the little red box in the lower-right.
Internationals:

Much more red here, especially away from North America.
ETFs:

Overwhelmingly red. This map includes bonds, which have been brutalized. The only green bond ETF I see is BIL at +0.02%. (Inverse bond ETFs don't count.)