MARKETS,Anybody even yet?

[olds442jetaway]

Bax was a good trading vehicle over the last 2 years in 5-10 point swings. Not sure what’s going on with it now, but it doesn’t look good. I did the same trading with PRU. Chart looking bad on that too now. Just curious, is anyone up more than a couple of points overall YTD? Not even sure what my next game plan will be at this point. Even hit and run can be risky with the incorrect timing. Guess I will mostly stay with cash and divs and a sprinkling of hit and run trades. Cash still gets me 4 percent for now. Unfortunately all taxable both Fed and state.
I may even have to jump back in on FHIGX. 3 percent Fed Tax Free. Probably not worth the risk. Fidelity yield after paying the 22 percent Fed tax is still 3.12.

[dinghy]

as long as they haven’t cut the Div.

The div cut was my motivation for plunging into DOW. Some investors are very dividend-focused, and some institutions have dividend mandates. A cut can trigger a stampede, which may trigger bargain pricing imo.

I follow the gold miners closely. Many of them are luxuriating in cash flow, and in general they're opting more for buybacks than dividends. In a cyclical industry, it's hard to maintain a steadily upward dividend trajectory -- and therefore it may be better not to try.

[dinghy]

Just curious, is anyone up more than a couple of points overall YTD?

My confetti is + double-digit %. Too many complications to calculate it exactly. Among larger holdings, my only pathetic losers ytd are BAK (Braskem) and MSOS. Everything else is robusto.

Bax was a good trading vehicle over the last 2 years in 5-10 point swings.

I haven't extracted my first penny. Initiated 2.5 years ago at 44, and I've done nothing but accumulate into the downtrend.

BAX is a scary graph.

It's 63 cents off the low .

[olds442jetaway]

Good job. Need to focus more on short term trading. Always been my strongest suit. I just let it lapse till a couple of months ago.

[olds442jetaway]

Look out below tomorrow!! Just a hunch. No hints why. The usual uncertainty.

[dinghy]

Look out below tomorrow!! Just a hunch. No hints why.

Really? No reason whatsoever. Why not just throw darts blindfolded?

Not a lot of "below" this morning actually, but I am stacking the chemicals. New positions in HUN and LYB, and continuing to stack DOW.

[olds442jetaway]

Guess so far I was only accurate as to Berkshire! . No buybacks again. Huge write down on Kraft Heinz.

[dinghy]

Guess so far I was only accurate as to Berkshire! . No buybacks again. Huge write down on Kraft Heinz.

I stand corrected .

Berkshire has never been much on my radar, but this seems very historically abnormal. I don't want to own Berkshire itself, but I think their philosophy is generally sound. I'm looking at KHC for purchase, but it just traded below 26 last month so I'd like to see it a little lower from here.

[dinghy]

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