Talk about your new shoes, new car, or UFO's!
dinghy
Video Poker Master
Posts: 1602 Joined: Mon Apr 29, 2019 8:24 am
Post
by dinghy » Tue Sep 13, 2022 7:09 am
wildman49 wrote: ↑ Tue Sep 13, 2022 5:49 am
CPI 8.3 these rate hikes will crash the market at worst and a melt down is still underway at best.
I'm always skeptical of these violent reactions to government "data."
I've got a VGLT buy order at 65.26.
Stocks are still mostly above their recent lows, so I'm not finding any to buy this morning.
wildman49 wrote: ↑ Tue Sep 13, 2022 5:56 am
It's simple everyone thought the same with AMZN.
I missed out on AMZN, and I'll miss out on TSLA. Just doesn't fit my eye.
FAA
Video Poker Master
Posts: 9144 Joined: Wed May 28, 2014 11:58 am
Post
by FAA » Tue Sep 13, 2022 2:20 pm
-3.9%, -4.3%, -5.2%. I was -1.9% today. The worst day since June 2020.
olds442jetaway
Video Poker Master
Posts: 10700 Joined: Tue Aug 21, 2007 9:08 pm
Post
by olds442jetaway » Tue Sep 13, 2022 3:28 pm
-.5 % today. Saved by sqqq. Saw the handwriting on the wall a while ago
Tedlark
Video Poker Master
Posts: 8558 Joined: Mon Oct 02, 2006 12:29 am
Post
by Tedlark » Tue Sep 13, 2022 3:52 pm
Tedlark
Video Poker Master
Posts: 8558 Joined: Mon Oct 02, 2006 12:29 am
Post
by Tedlark » Tue Sep 13, 2022 3:53 pm
dinghy
Video Poker Master
Posts: 1602 Joined: Mon Apr 29, 2019 8:24 am
Post
by dinghy » Tue Sep 13, 2022 4:15 pm
TLT (and VGLT) finished green, forcing me to look elsewhere for buys.
I'm liking Asia. FLJP, FLKR. Will buy FLAX if it has one more bad day. Would buy FLCH China, except I fear retaliation against US-based investors, similar to what's happened with Russia.
wildman49
Video Poker Master
Posts: 1305 Joined: Fri Oct 05, 2012 10:45 am
Post
by wildman49 » Tue Sep 13, 2022 6:30 pm
don't get TLT is FED keeps raising rates it's a short TLT goes down yield goes higher right?
dinghy
Video Poker Master
Posts: 1602 Joined: Mon Apr 29, 2019 8:24 am
Post
by dinghy » Wed Sep 14, 2022 5:50 am
TLT is negative this morning.
I think it went green yesterday because the rate hikes this year may crash the economy, forcing rate CUTS next year.
I've been anticipating a roller coaster. Once inflation plays out, I think we get a wave of deflation.
TLT should also be supported by global rate differentials. USA has just about the most attractive yields anywhere when considering credit quality.
And there's a looming possibility of yield curve control from the Fed.
But at current prices, I'm more confident holding gold miners than Treasuries, so I'm unlikely to go big into TLT.
FAA
Video Poker Master
Posts: 9144 Joined: Wed May 28, 2014 11:58 am
Post
by FAA » Wed Sep 14, 2022 8:50 pm
+0.1%, +0.3%, +0.7%. I was -0.04% today. There was a major buy the dip surge at 3:50 PM. These masochists prevented another significant loss.
olds442jetaway
Video Poker Master
Posts: 10700 Joined: Tue Aug 21, 2007 9:08 pm
Post
by olds442jetaway » Wed Sep 14, 2022 10:09 pm
What are the odds of this FAA??? I was exactly -.04 % today.