OT: Stock and Investment Talk
- Thread starter RU-05
- Start date
The oscillator has been very accurate this year (so far). Called the March/April rally top and then the June bottom almost perfectly.
LLY upgraded to buy at UBS raises PT to 363. I've brought up their diabetes drug in the past here. A lot of positive outlook for it as an obesity drug and thinking it could be the biggest drug ever. It is expensive but if that drug pans out like some are expecting it might be grow into that PE.
I wonder how much of a place NVO can carve out for themselves in that market as well.
I wonder how much of a place NVO can carve out for themselves in that market as well.
We slowly morphed t2k into a stock trader.
And now we are slowly morphing him into a TA’r.
The time frame you’ve already laid out. Jan 1st 2017 to present.
But why not just tell us which funds you were invested in?
The best news would be that Putin dies in the next few months (many reports that he is not well).
You are way off in your ARKK numbers. I do not have time to look up what the specific funds are at the moment. If I get a chance to look at them I will be glad to tell you, its not a military secret.
True, S&P is around 3750, some analysts said they would buy at 3,600 or 3,500. 3,500 is 27% down from the high. I will buy incrementally till 3,000 (38% down) if it goes that low.
Jan 20th 2017 Arkk was $21. It’s currently $38. Yesterday it was $42.
but you don’t actually know which funds you are invested in?
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Id be more inspired(maybe the market would too) if the Russian people rose up and gave him the boot.
Many with the means are leaving the country rather than be conscripted under Putin’s new order. It really is a shame that Russia doesn’t have a democracy…and that some who are lucky enough to live in a place with real elections would rather live under a system like they have in Russia. The FSB (KGB) keeps Putin in power so it is up to the Russian military to flip the FSB in order to remove Putin. The military is famously mistreated in Russia while the FSB has all the power.
I expect it in a couple of months. I asked a couple of months ago if rates were going to hit 4%. Nobody believe it was a possibility.
I wonder why the market decline is so slow when most everybody believe the market going lower except T2k.
some of you need to read more and not be confined to single sources
some of you need to take a civics class, nothing is dumber than calling USA a democracy and thank God we are not as it would be mob rule or at the very least, far too conservative for libs to tolerate (not a bad idea actually)
some of you need to take a civics class, nothing is dumber than calling USA a democracy and thank God we are not as it would be mob rule or at the very least, far too conservative for libs to tolerate (not a bad idea actually)
Don’t play semantics. I could school you in American history.
If you think Eisenhower would be a right wing bootlicker today, you’re sadly mistaken.
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And Tom Lee! It is going slow because most smart people realize inflation is crashing as per almost all leading indicators and that the Fed is being stupid.
Expectations for the Fed Funds to be at least 4.6% at the end of all this so I'd say probably yes. You're getting in the vicinity of 4.3% (call protected) and 4.5% (callable) now for 5 years.
Personally, I'm not looking to lock in money that long.
Big +1
Sure, lock in something safe for your pure cash reserves. However, selling equities/investment assets after bear market loses and locking in 4-5% isn't getting you anywhere. It would take 6 or so years just to get back to breakeven.
Gotta ride the train you are on, especially in times like these.
Definitely not selling any more funds beyond the $3,000 tax loss. I’m talking about parking cash while riding out the storm and nibbling on adding existing positions or straight up options allowing me to not use up too much cash. My thought process on the five year treasuries is that if rates come down and returns on equities offer more upside, I can sell the treasuries for a profit. If rates keep going up for a long period of time, I’ll ladder into additional bonds.
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I bought a brokered 6 month 4.0% CD in my fidelity account today
I’m queued up for the next 6 month t-bill auction Monday. Today’s yield is 3.90% so 4% isn’t out of the question…but that’s a great CD rate.
March 2023 should be a different environment. Fed will be finished hiking. Plus the current Inverted yield curve is to be taken advantage of…and this is for my most liquid funds that I don’t want tied up for too long ….as savings account rates are lagging behind even short treasury rates.
Longer duration at those rates are losers. Gotta do a lot better than that by buying equities at a discount.
We have not held at 3900 on the S&P 500 this week, a key level that had about 7 support/resistance touch points in recent months
Microsoft might even be back up to $300 a share by then (although I think it will be much later in 2023 for that.
I do agree that things may move quickly when the bears are run off by the bulls. I want to see how the Fed Balance sheet reduction is going then and who knows maybe Putin will be gone and regime change in Iran would be sweet too…
I have a 50/50 allocation between equity and fixed. I’m just optimizing the fixed side by moving some of my cash into 6 month CD, not rotating out of stocks
Wow, a couple of months ago we thought MSFT $300 was a great price. I started nibbling at MSFT as it broke its 52 week low. 25% return if it gets back to $300.
It was at 350 for a moment and as it dropped I bought some using idle cash because I was in the inflation is short transitory instead of several years transitory camp so my avg cost is 307 and I’ll never sell at a loss. The ibonds and tbills are gonna ease my pain in the meantime. Retail investors have gotten beaten up for being HODLers lately…that’s for sure. Someone should meme stonk MSFT. To the moon…🚀🤔. The Fed was wrong and I should have known better. It’s set up as a nice hedge against a falling dollar.
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GS David Kostin S&P target 3600 with a 15 PE for end of year. Previous target was 4300. Not their base case yet but in a recession and hard landing their target is 3150, although not sure if that was a year end target as opposed to an ultimate bottom.
