MARKETS,Anybody even yet?

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doris13
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Re: MARKETS,Anybody even yet?

Post by doris13 »

got my statement this morning and by some miracle i'm up almost 11k from last month

olds442jetaway
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Post by olds442jetaway »

Great. Put on your seat belt for awhile. Everything way down today.
Here’s a little mortgage reit I kept. I’m not saying to buy it, but it’s worth a look. SACH. It’s only about 2.50 a share and pays a 13 percent dividend. Low interest rates may bring it back to 4 bucks a share over time. I think they bought back shares last year too. I only have 100 shares in an IRA so the dividends can compound tax free until withdrawal. I also kept DOC and BXMT. Sold the rest while I had gains.

FAA
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Post by FAA »

-2.6%, -3, -3.4%. I’m just roadkill for the rest of year.

wildman49
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Post by wildman49 »

Been following this guy for a while, he is not like these doom and gloomers on you tube. He has been spot on if you go back to some of his older vids. What he sees coming is disturbing. I short term trade based off this guy both long and short trades. Don't know this guy not recommending anything about his trading.

https://www.youtube.com/watch?v=reePC-HGWPg

olds442jetaway
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Post by olds442jetaway »

I watched it last night Wildman. Very interesting. Right. Right now, I’m sitting tight with less than 15 percent in stocks. If he’s right, it will be straight down sooner than later. Forgot to mention the other day, I’m also hanging on to STWD for now and collecting a nice 10 percent dividend.

wildman49
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Post by wildman49 »

olds442jetaway wrote:
Wed Aug 07, 2024 7:49 am
I watched it last night Wildman. Very interesting. Right. Right now, I’m sitting tight with less than 15 percent in stocks. If he’s right, it will be straight down sooner than later. Forgot to mention the other day, I’m also hanging on to STWD for now and collecting a nice 10 percent dividend.
Brandon has a new vid out today. What I like about him is he keeps all the news noise out of his calls.

https://www.youtube.com/watch?v=OoHGcIv2M7w

case
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Post by case »

Markets refuse to stay down. They recovered huge the last few days. Really hard to understand what is actually going on. Did some buying while they were down but could have used a longer dip.

FAA
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Post by FAA »

Doris and I both rose nicely in July. But markets of course are down 4% since July 31.

olds442jetaway
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Post by olds442jetaway »

I still have an elastic around my wallet along with Mr Buffet’s 277 Billion in cash. My only recent nibble was the Russell 2000 ETF and so far that failed. No other trades except my small gains on PLTR and SQQQ. I think at least one day this week there will be a selloff, and will get something. I was a bit late to get PayPal so now I have to wait again. It popped 5 points since I missed it

FAA
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Post by FAA »

-1.5%, -2.1%, -3.3%! September is traditionally bad. This is a chilling omen.

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