MARKETS,Anybody even yet?

[olds442jetaway]

I was only up .13% Friday being dragged down by my holding in sqqq. On the other hand one of my IRA accounts was up 1.6 %. That was desperately needed as it is down over 17 percent for the last 12 months. It’s heavy on Fidelity Contra, Overseas, and Puritan. One year CDs are up to 3.25 %. Will probably grab them next week on my other IRAs, but that still won’t beat inflation. Still need a safety net though. ( age related) and being in Roth’s, I won’t give any back in taxes.

[dinghy]

One year CDs are up to 3.25 %.

Fixed income is the biggest story of the year imo. Per Morningstar, TLT is -8% for 1 month, and -26% ytd. And that's coming off a negative year (-5%) in 2021.

I feel fortunate to have sidestepped some of the damage. I shifted my emphasis to the short durations because that's where the best yields have been lately. My top holdings SCHO, VGSH & BSV have all kept their losses inside 5% ytd.

But at some level of collapse, TLT becomes a buy, and I think it's close now.

[olds442jetaway]

negative 5 percent beats most financial advisors. I think the market will be jumping around like a jumping bean for a while yet. I would be in that 5 percent camp if my other half had let me sell Disney in the 170s. I even tried the buy it back logic after my dump and run idea to no avail.

[wildman49]

These bear markets are brutal, holding on the way down can wipe out many accounts. Been a trader since 2001 only holding I have is TSLA, I can't see anything worth holding till the FED is done. Many still calling for a crash. Don't see that but still see selling and new lows before year end. Many think this year end rally after mid-term election, it's just wish full thinking when you're down a whole lot. Unless the FED changes coarse, I don't see anything but bear market rallies to short.

[dinghy]

Been a trader since 2001 only holding I have is TSLA, I can't see anything worth holding till the FED is done.

Olds has been trading since 1901!

negative 5 percent beats most financial advisors.

I believe I'm close to -10% overall. I've had some winning stocks, but the gold miners have undone me. GDX started the year at 32, ran up near 42, and then crashed down to 23 at the low several days ago.

As I mentioned previously, I have less money but more shares than ever before!

[olds442jetaway]

Up .27 % today again dragged down by sqqq, but up is up. My one beaten up IRA up another 1.27 %. Long way to go yet on that one. I am holding Tesla as well, but not a big position. I was glad to see the recent split.

[FAA]

+0.7%, +1.1%, +1.3%. I was +0.4% today. Enjoying the rally. Disney stock will benefit from decision to keep ESPN, FWIW.

[dinghy]

I am holding Tesla as well, but not a big position.

I don't think I'm capable of understanding how or why TSLA is worth $300 per share. My only auto manufacturer is FUJHY (Subaru), which I bought between 7 and 9, and is currently above 9. Last week I bought more FLJP which is a general Japan ETF.

As threatened, today I added to my long-duration Treasuries. Bought VGLT below 66, and will add more if it goes lower.

Silver squeeze, anyone?



Bumped up against #RoundNumberResistance.

[wildman49]

CPI 8.3 these rate hikes will crash the market at worst and a melt down is still underway at best.

[wildman49]

I am holding Tesla as well, but not a big position.

I don't think I'm capable of understanding how or why TSLA is worth $300 per share.

It's simple everyone thought the same with AMZN. When these big growing company's build out the cost comes from profits, once the spending is over the profits rise and the price becomes real.