MARKETS,Anybody even yet?

[FAA]

Good News: Apple hit $220.
Disastrous News: Lilly -14%.
FML.

[dinghy]

Disastrous News: Lilly -14%.

If I liked the stock at 760, I would consider adding at 640.

But I know nothing about it. I may need a UNH-caliber decline to tempt me in.

I see the company inspired a sucker ETF: LLYX. In theory it doubles the performance of LLY, but its ingredients include a >1% expense ratio and a tablespoon of tracking error.

[olds442jetaway]

Expense ratio…..

[FAA]

Good: Apple $229.
Bad: Lilly $625!

[tech58]

HNATF at .26 a buy or a falling knife?

[dinghy]

HNATF at .26 a buy or a falling knife?

I don't know. They sold off a non-core property to focus on hydrogen. The market may have disliked the sale provisions.

In a way, I'm associated because I'm buying chemical companies, and hydrogen is the #1-ranked chemical .

Don't try to distract me from my obsession with Berkshire.



Every time Berkshire crashes on a relative basis, it comes roaring back. I'm glad I don't own the S&P 500.

[olds442jetaway]

Regarding HNATF, I almost sold mine at 39 cents for a quick hit but didn’t. I guess it is p possible that shareholders are afraid of a dilution of value regarding the in process sale. I have less than $400 infested at $.32 a share so I’m not going to lose any sleep over it one way or another however, if it somehow pops again into the high 30s, I’m out.
I’m behind the 8 ball on Berkshire even though I have been adding a share at a time on dips. I’m not overly worried. I’m sure institutions would still like to see a dividend in the 2.5-4.5 range. I know I would.
I’m keeping an eye on my Royal Gold. Looking strong. Of course Gold itself is strong too

[dinghy]

I’m keeping an eye on my Royal Gold. Looking strong. Of course Gold itself is strong too

In the last several sessions, the miners have disconnected from gold.



Worldwide natural resources market cap is estimated at 10-12% of total stock market. I'm attempting to maintain a 20-24% allocation -- for inflation protection, and because the sector looks cheap and unloved. Gradually I'm reducing the precious metals dominance. Last week for example, I sold most of my HL because it moved too far too fast, while bulking up my DOW and LYB.

Stocks in general have a history of poor August and September performance. I'm ready to buy in the event of a flush.