Your ETR is a utility with a 25 multiple and a 2.9% yield. Who the hell was buying that at the top?
The same morons buying a 10yr at .6%
Your ETR is a utility with a 25 multiple and a 2.9% yield. Who the hell was buying that at the top?
We're rocketing toward my buy in point way faster than expected, and the dollar is getting trashed in its strength. It's a strong sign that there is a lot of money being cashed out.
For long term investors, I believe there's a point where you need to move from cash/bonds back into stocks even though they are losing ground. Everything is gonna go up in flames if it stays on this track. Big corps that won't sink are what I'll put my money into, staying away from most tech and service. I'm probably a few weeks away from that decision still though.
Moving out of stocks into 100% bonds then back to stocks in a 3 month period is batshit fucking insane and anyone who does this is mentally ill.
Oh wait I guess you're doing this within a period of less than 45 days.
Can feel the panic fading, we are into the gap now, rally becoming increasingly more likely. Déjà vu with last Friday
Pretty sure they are going to stick to a quiet greasing of the wheels for a bit after the reaction their rate cut got. Pretty sure they are very afraid of causing extra panic.Fed could dump a few trillion in bonds onto the market at big gains and it would help ease the pressure. Would love to be a fly on the wall to hear their internal machinations.
Pretty sure they are going to stick to a quiet greasing of the wheels for a bit after the reaction their rate cut got. Pretty sure they are very afraid of causing extra panic.
These depression like rates are a killer for seniors. CD's at .5 again. MM's at .2. Forcing you into the market.
Resignation is setting in for me, nothing else to do but wait since most of what I had was in the S&P.
Part of me wants to take the offered unpaid leave, the other part wants to decline it so my paycheck can go into this depressed market. hmmm