Nat gas is wildly volatile due to weather, storage and seasonal issues so hard to compare in short time frames.
OT: Stock and Investment Thread
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Nat gas is wildly volatile due to weather, storage and seasonal issues so hard to compare in short time frames.
I also just saw that shipping and trucking rates are way down due to demand issues so they may be offsetting.
Constant flow of contradicting data is making every call a tough call.
I have to buy Heinz ketchup
Of all the food items that may have as much brand loyalty as any
Cannabis is 100% about politics (very unpredictable). Also, I saw you mention uranium. I have a small position in URNM, which is a focused uranium ETF. Definitely volatile, but overall doing well.
I rode it too far down to bail…and figured that the dividend helps minimize the short term pain because I do think it’s underpriced. If they hired a legit CEO from Silicon Valley the stock would pop to $20 just on the news alone. Cash flow is great. Gross ads solid. Churn low. Perception issue continues to plague the company.You still holding that value trap?
Been selling short term puts on TQQQ and SQQQ of late, depending on where they are trading, really nice premium (2ish% for a weeks work) for solidly out of the money strikes. Thus far I've been able to keep the trades going without the contract being executed.That's a TQQQ type of move!
Wouldn't mind too much if I picked up SQQQ in the short term. For one it means everything is up, but secondly, I'd expect such a run to be short lived.
The $15ish level it just hit was right around a 30 year low that it has bounced off a few times over that time frame.
P/E under 6.
I get what you're saying in terms of it being too far down to bail here. But if it bounces backt o $20?
Earnings season has been great so far.....but SNAP still tanks.
Telecom extremely under value - just recently Dividend yield for T and VZ were greater than PEs. odd correlation if any - but cash flow has been sufficient to maintain distribution of divvy.
Telecom have taken their lumps. VZ and T both good long term plays. TMUS may be overvalued a bit.
I discovered IGA catsup this summer. Tastes like that roadside stuff coming in the red squeeze bottles.
But I respect your taste buds. Felt that way about Hellman's mayo even though I worked for Kraft. It went from 2 for 6 now 2 fer 8. $6.49 at ShopRite every day. But..... Just found they sell Mike's amazing For $2.99. Tried it and it's a winner.
Yes. You gift a $10k I-Bond to your wife. And she reciprocates. You'll need to do this by Oct 28 to lock in the 9.62% rate for six months. You'll each hold the other's gift in your TD "gift box" in 2022 then transfer the gift to the other's TD account in 2023. Those $10k gifts, however, will count as each of yours I-Bond limit for 2023. Unless, of course, Congress increases the I-Bond limit to $30k, per pending legislation.
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The twitter drama continues. Now the gov't wants to block the deal?
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www.reuters.com
U.S. weighs security reviews for Musk deals, including Twitter buy - Bloomberg News
Biden Administration officials are discussing whether the United States should subject some of Elon Musk's ventures to national review including the deal for Twitter Inc and SpaceX's Starlink satellite network, Bloomberg News reported on Thursday, citing people familiar with the matter.
Musk’s dream scenario if it gets him out of Twitter…may sound crazy but any chance he was working Biden admin behind the scenes?The twitter drama continues. Now the gov't wants to block the deal?
U.S. weighs security reviews for Musk deals, including Twitter buy - Bloomberg News
Biden Administration officials are discussing whether the United States should subject some of Elon Musk's ventures to national review including the deal for Twitter Inc and SpaceX's Starlink satellite network, Bloomberg News reported on Thursday, citing people familiar with the matter.
Who knows. There is a lot of weirdness going on. It seems like once he said he wanted to get the deal done by the end of the month, Twitter and now the Biden admin have been trying to blow up the deal.
Exactly.. My tax guy sent me quarterly coupons to prepay 2022 taxes. I usually make lots of non W2 income. I said why would I prepay this year? I don't see any non W2 income at all this year.
My wife doesn't have a TD account, but i've added her as a registrant and gifted her 10k. Can I just leave it in my gift box for as long as i want earning interest and then gift to her at some point down the road, or do i need to set up an TD account for her?
ah ha. so the real value in doing this is to score the higher rate for now. I thought they all changed at the same time when they are re-set "every 6 months" .. therefore why not just wait....
BUT I get it if you actually get 6 months from the time of purchase. Cool.
I see they're having trouble selling the bonds so hopefully they do something smart for once.
They need to raise the stupid $10k limit.
TLT - ugly start this morning, someone who believes interest rates have peeked would be interested at $90-93. Know your exit $81-$84 (-10%) at this point the idea is wrong.
I just buy mine thru Treasury Direct. Really easy to do . Yes, have an account for both of us (Separate).
Home — TreasuryDirect
www.treasurydirect.gov
Interest rates haven't been good enough to even explore these tools but know I'm even toying with the idea of buying via the auctions.
Board investing tip- Its time to buy stocks when you see the mopes discussing buying treasuries!
You can do both. But it is the mother of all buy signals when the mopes are talkin buying treasuries! I put 20% of my funds back into the market yesterday with heavy emphasis on tech!
Why? Treasuries actually give you a yield today. 4% for a 2 yr you hold to maturity isn't a bad deal.
Buying them when they had zero return and a lot of downside was the dumb trade.
Agreed, but you now have many companies selling at fire sale prices and good news is around the corner. Time to start easing back into stocks on the dips.
you may be right, thats why I only put 20% of my LNW into the market yesterday. But we have some positives to look at right now that could positively affect the market. 1) Some stocks are in "deep value" territory(Bargains) 2) Any "pivot" talk from the fed will cause the market to rally 3) If the Republicans take the House and Senate, Grid lock will ensue and the market loves gridlock, Plus we can start the impeachment of the Biden. 4) Consumers, Companies and Banks have never been better capitalized to enter into a recession. 5) When the media finally acknowledges what we all know is already a recession, the recession is almost over. These are just a few of several "Green shoots" that could positively affect the stock market.
1. Agree
2. Agree
3. I fear we are going to see the mother of all spending bills from this coming lame duck congress. I hope I"m wrong.
4. Disagree. Some are, but a lot of surviving on credit that is going to get more expensive. Watch out for Private Equity/Private credit. Could get ugly. Agree public companies are generally in better shape.
5. Hopefully.
Yes, the timing is odd. Of all the deals to review, a car company guy buying a social media platform? GMAFB
They are claiming its a national security risk. Obviously that's BS but not sure what the real reason is. If it's a threat it sure is a weird one because he would be happy to get out of this deal.
Twitter board is FOS, Musk is FOS, and we all know the Gov't lies about everything so its all guesses at this point.
Important perspective:
Why now might be the time to invest
Down markets may present opportunities for patient investors.
The potential danger of reactive decision-making
Over the last 30 years, studies have shown that when investors have given up on their long-term strategies and begin reacting to short-term developments in the market, their portfolios have suffered. Reactive behavior on the part of an investor can be a significant drag on performance. For example, since 1992, the average equity fund investor has underperformed the S&P 500 index, largely due to investor attempts to time the market. In 2021, this gap was particularly wide: the average equity fund investor underperformed the S&P 500 by more than 10%.
Part of the reason for this underperformance may be that investors might have an outsized impression of the impact that bear markets, volatility, and recessions may have on the long-term health of their portfolios. By making reactive or emotional decisions without the historical context, they may end up hurting their long-term growth prospects more than if they had simply ridden out the storm.
Why now might be the time to invest
Down markets may present opportunities for patient investors.
The potential danger of reactive decision-making
Over the last 30 years, studies have shown that when investors have given up on their long-term strategies and begin reacting to short-term developments in the market, their portfolios have suffered. Reactive behavior on the part of an investor can be a significant drag on performance. For example, since 1992, the average equity fund investor has underperformed the S&P 500 index, largely due to investor attempts to time the market. In 2021, this gap was particularly wide: the average equity fund investor underperformed the S&P 500 by more than 10%.
Part of the reason for this underperformance may be that investors might have an outsized impression of the impact that bear markets, volatility, and recessions may have on the long-term health of their portfolios. By making reactive or emotional decisions without the historical context, they may end up hurting their long-term growth prospects more than if they had simply ridden out the storm.
And good news for 401k and IRA contributions:
Who owns it and has 2 thumbs?Earnings season has been great so far.....but SNAP still tanks.
I also own Pins, which was down 7% in sympathy, yet I was somehow still up over 1% today(SLB with a 10ish% bumb played a big role in that).