MARKETS,Anybody even yet?

[wildman49]

Looks like yesterday was a gap and trap. Gold all time highs, Disney parks all time lows at the gate, Vegas very empty, Oil hitting lows. All signs of a big sell off coming. AI trade can't prop up the market forever.

[dinghy]

Looks like yesterday was a gap and trap.

AI trade can't prop up the market forever.

AI is the epicenter, as I see it. The financial shenanigans are in your face. They're repeating the vendor financing thing that blew up 25 years ago. Basically the companies are passing around the same money.

In that bubble, CSCO in a 3-year span went from 10 to 50 to 10.

Lucent peaked at 84 and dropped to 2. Nortel market cap went from 398b CAD to 5b.

I can see the inevitable, but I don't know whether it's imminent. Trump in my opinion is a lunatic on the scale of FDR. FDR did a lot of crazy stuff, but didn't take office until 1933 with the bear market already well in progress.

I assume Trump believes he's bigger than the market, and will attempt to repel a downturn. We only have to limp through 2 and a half more months to achieve a strongly green calendar year.

In the immediate now, bitcoin and silver are both falling hard from their 24-hour peaks. Stocks are red, but not sharply.

[olds442jetaway]

Down day so far, but I think it may pick up later. For now, I just added to my position on SVOL.

[wildman49]

I been in and out of RDDT for the last week buying under 200 selling over 200

[dinghy]

Probably won’t buy anything with less than a 4 percent dividend.

I hate dividends.

Had a 48 buy target on GIS, but that's obsolete because they just paid 61 cents so now I have to wait for 47.40.

I guess I need to start putting dates next to my targets any time I do a divvy adjustment.

[olds442jetaway]

I hate them too because of taxes, but if my in pocket after taxes is better than a CD, I’m all in. CDs are dropping as we speak. Trump is determined to get interest rates near 0. That’s bad for retirees with little to no debt! Another amazing thing how two or three words that make a headline can kill or chill or even make a market for example today. Market started out terrible just as case said it would. Then Powell says a few words about tightening and bonds, etc., and boom off to the races again.

[wildman49]

I hate them too because of taxes, but if my in pocket after taxes is better than a CD, I’m all in. CDs are dropping as we speak. Trump is determined to get interest rates near 0. That’s bad for retirees with little to no debt! Another amazing thing how two or three words that make a headline can kill or chill or even make a market for example today. Market started out terrible just as case said it would. Then Powell says a few words about tightening and bonds, etc., and boom off to the races again.

Ya I keep an eye on x div dates if I hold something very long tend to sell day before so not to deal with tax on div.

Yes market very jumpy on news good or bad. This is why I mostly day trade holding over night can cost you a bunch on them gap down days.

[wildman49]

Many people think dividends are a "bonus." In reality, they're just a reshuffling of value.

When a company pays a dividend, its share price drops by that amount. You're not gaining wealth — you're just moving it from one pocket to another (and paying taxes in the process).

Wouldn't you rather control that cash flow — and when it's taxed — yourself?

[olds442jetaway]

Sometimes. But you can’t always trust the books on these companies. Sometimes I can blow out a stock just before the ex dividend date and do better than keeping it and get the dividend because some fund or high roller pumped it up because of the ex dividend date beyond with the dividend will be.

[olds442jetaway]

Also, sometimes I don’t mind if a big dividend stock goes down somewhat. I just sell it to offset gains and then some and I will buy it back. If I think it’s still good after 30 days it’s just one big juggling act. Nobody can time it to the minute, but it’s nice to try.