You are one of the stupid ones Furry I trade against.
I generally disagree with part of this. Passive index ETFs have a place in most portfolios. For an average retail investor they are the best vehicle in my opinion. Its really hard to fuck up buying SPY or QQQ. For a semi-skilled investor indexes can form the core of a quality portfolio that you enhance with individual stocks. This is especially true with bonds. The liquidity and diversity of bond ETFs is much more desirable than buying individual bonds.Hah. Furry, I have shown you more than one way to increase your alpha. Ban me. I am tired of leading horses to drink. Your passive ETF days are over. Suck it .
Watch what your US Senators are buying and selling. Rick Scott bought some muni bonds yesterday.
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They probably have a x days reporting requirement.Unless I'm confused the purchase was a month and one day ago, and the report it originally came from was 11 days ago? Muni bonds probably run the gambut from good to terrible investment, it's highly dependent on the area they are. Like I wouldn't touch muni bonds in chicago with a 10 mile pole.
I wonder how much of the Tech/Healthcare sell-off is pension fund rebalancing for the end of the month? Tech and Healthcare shot up in April.
Back to October 2019 levels. Market seems completely disconnected from the economy.
FOMO, a truckload of cash on the sideline, big tech should come out with least damage, Gilead test results didn't suck. Any or all of the above.So this buy up is because everyone was expecting worse or what?