I bought 50 shares at $84 recently and will add 50 more once I free up some cash. I expect it to be a long term hold for me.I recall folks talking about TLT looking good when it was in the low 90s.
It's under 83 right now.
Thoughts?
I bought 50 shares at $84 recently and will add 50 more once I free up some cash. I expect it to be a long term hold for me.I recall folks talking about TLT looking good when it was in the low 90s.
It's under 83 right now.
Thoughts?
I agree but damn that thing has been a drain on conservative portfoliosI bought 50 shares at $84 recently and will add 50 more once I free up some cash. I expect it to be a long term hold for me.I recall folks talking about TLT looking good when it was in the low 90s.
It's under 83 right now.
Thoughts?
Can someone explain the airlines to me? The travel market seems to still be very high right now, yet most of the airlines are sitting near 10-year lows. Near covid lows. United Airlines has a P/E ratio of 4
Is it all just oil?
The US can't afford the interest on this debt. Rates gotta break back down at some point. Bought at 85 and if it drops 8% I'm averaging down.I recall folks talking about TLT looking good when it was in the low 90s.
It's under 83 right now.
Thoughts?
Value trap. Over the entire course of recorded history airlines have always been a value trap. Pretty sure Cicero has a treatise on this.Can someone explain the airlines to me? The travel market seems to still be very high right now, yet most of the airlines are sitting near 10-year lows. Near covid lows. United Airlines has a P/E ratio of 4
Is it all just oil?
Anticipating skyrocketing costs to pay the staff, oil, and the price of all the parts and new planes are skyrocketing. It is really hard to comprehend whether biz travel is "back".it would seem a lot of travel now is early planned and cheap.
Yeah, they’re a lot like oil stocks. When they seem really cheap it’s time to get out because the bottom is about to fall out.Value trap. Over the entire course of recorded history airlines have always been a value trap. Pretty sure Cicero has a treatise on this.Can someone explain the airlines to me? The travel market seems to still be very high right now, yet most of the airlines are sitting near 10-year lows. Near covid lows. United Airlines has a P/E ratio of 4
Is it all just oil?
Anticipating skyrocketing costs to pay the staff, oil, and the price of all the parts and new planes are skyrocketing. It is really hard to comprehend whether biz travel is "back".it would seem a lot of travel now is early planned and cheap.
Can someone explain the airlines to me? The travel market seems to still be very high right now, yet most of the airlines are sitting near 10-year lows. Near covid lows. United Airlines has a P/E ratio of 4
Is it all just oil?
Remember a few months ago when I cited market history showing that when stocks so so well in the first 6 months that 100% of the time the market ends up even higher?
Yeah, sorry about that. Shoulda kept my trap shut.
November and December we will see a pretty decent rally heading into year end. I think we see the July highs by year end.Remember a few months ago when I cited market history showing that when stocks so so well in the first 6 months that 100% of the time the market ends up even higher?
Yeah, sorry about that. Shoulda kept my trap shut.
November and December we will see a pretty decent rally heading into year end. I think we see the July highs by year end.Remember a few months ago when I cited market history showing that when stocks so so well in the first 6 months that 100% of the time the market ends up even higher?
Yeah, sorry about that. Shoulda kept my trap shut.
1st half of 2024 a major bond market rally.
4th quarter 2024 the Fed starts easing and we will be off to traces again in equities with a new cyclical bull market.
Once the bond market truly gets the all clear on interest rates going up….you will see a huge rally in intermediate and long term bond prices to lock in the 4-5% coupon bonds that have been hit. This will be in anticipation of rate cuts coming In the late back half of 2024.November and December we will see a pretty decent rally heading into year end. I think we see the July highs by year end.Remember a few months ago when I cited market history showing that when stocks so so well in the first 6 months that 100% of the time the market ends up even higher?
Yeah, sorry about that. Shoulda kept my trap shut.
1st half of 2024 a major bond market rally.
4th quarter 2024 the Fed starts easing and we will be off to traces again in equities with a new cyclical bull market.
Help me understand how bond market rallies if you can stuff cash in a vanguard mattress at 5% and chill. (100% tone here is conciliatory btw)
How are they still in businessSNAP reporting after the bell. That usually goes well.
Pretty good report. Down 2% tomorrowVisa rallying into the number
This is the wayWhat goes up yesterday must immediately be slapped down today.
Over the course of 2023 I have now built 35% cash in my taxable portfolio...not from selling anything (well I sold a couple of positions this year in BA and BX).....purely putting away cash every month into a 5% money market. On Monday I will invest 5% of that into my master list.
November and December we will see a pretty decent rally heading into year end. I think we see the July highs by year end.
Who says I will stay in that......Today I added more GOOGL.Over the course of 2023 I have now built 35% cash in my taxable portfolio...not from selling anything (well I sold a couple of positions this year in BA and BX).....purely putting away cash every month into a 5% money market. On Monday I will invest 5% of that into my master list.
November and December we will see a pretty decent rally heading into year end. I think we see the July highs by year end.
Honest question - if you think we see a "pretty decent" equity rally in the next two months, why are you staying 30% in cash in your taxable accounts? Just curious on your thinking. TIA!
Amazon reports tomorrow so I guess it doesn’t really matter. It will either be a good report and we are down 3% or it will be a terrible report and we are down 20%.MSFT is up, GOOGL is down, and apparently both are bad for AMZN. Got it.
Amazon reports tomorrow so I guess it doesn’t really matter. It will either be a good report and we are down 3% or it will be a terrible report and we are down 20%.MSFT is up, GOOGL is down, and apparently both are bad for AMZN. Got it.
Yeah, no ****. Frustrating some times. Slight miss for Google on it’s cloud service which has always been a laggard to Amazon and Microsoft and somehow that is bad for Amazon? Google and Snap both good for advertising but that isn’t helping Amazon who’s 3rd in that behind Google and Meta in that. Why isn’t Microsoft’s cloud result rubbing off on Amazon since they are much closer than Google.MSFT is up, GOOGL is down, and apparently both are bad for AMZN. Got it.
MSFT is up, GOOGL is down, and apparently both are bad for AMZN. Got it.
Thank you. I have some sales commissions, RSUs vesting, and an ESPP buy all coming up between now and the end of the year that’ll give me a decent chunk to invest, and thinking about what I’m going to do with it all (outside of selling many of the shares I get from my current employer and diversifying. )Who says I will stay in that......Today I added more GOOGL.Over the course of 2023 I have now built 35% cash in my taxable portfolio...not from selling anything (well I sold a couple of positions this year in BA and BX).....purely putting away cash every month into a 5% money market. On Monday I will invest 5% of that into my master list.
November and December we will see a pretty decent rally heading into year end. I think we see the July highs by year end.
Honest question - if you think we see a "pretty decent" equity rally in the next two months, why are you staying 30% in cash in your taxable accounts? Just curious on your thinking. TIA!
Building cash is good thing at 5% return on cash.....and being tactical with it when opportunity strikes in individual equites.....is how we roll in our “taxable account"
My IRA/401K’s are fully invested.....always. Very rare when I build or created cash in those. Last time I did that was 2019. And put it all in March 2020.
In my taxable account I am far more tactical. So this year we have been putting away new cash every month into high yielding money market funds and buying on dips on stocks in the master list.
For all I know....and with this Middle East war getting more serious as time moves forward, we could see a flash dip and move it all in.
But having dry powder is never a bad thing.
Again I did not liquidate anything in my portfolio to build this cash (other than BA early in the year)......it was all new money.
Great day to add more shares of GOOGL.Yeah, no ****. Frustrating some times. Slight miss for Google on it’s cloud service which has always been a laggard to Amazon and Microsoft and somehow that is bad for Amazon? Google and Snap both good for advertising but that isn’t helping Amazon who’s 3rd in that behind Google and Meta in that. Why isn’t Microsoft’s cloud result rubbing off on Amazon since they are much closer than Google.MSFT is up, GOOGL is down, and apparently both are bad for AMZN. Got it.
Getting crushed today by Google who actually beat revenue and earnings. Always fun.
It is still on a forward multiple, one of the cheaper Mega cap tech stocks along with META.GOOGL only gave back around 1 month's worth of gains. It's still up 40% (roughly half a trillion in market cap) on the year.
A lot of its run-up was just the AI hype train, even though their AI is way lousier than it should be with as much of a data advantage as they have.
Yeah but don’t forget that the end of the year was really close to the bottom. Everything is up on the year. I also think their cloud stuff is way behind the others, which is why it’s annoying to have Amazon driven so much by Google results.GOOGL only gave back around 1 month's worth of gains. It's still up 40% (roughly half a trillion in market cap) on the year.
A lot of its run-up was just the AI hype train, even though their AI is way lousier than it should be with as much of a data advantage as they have.
Hate the company, hate the industry, hate everything about it. Obviously a screaming buyThoughts on LUV? I see it may open below $23 today, it's a five-year low and more than 60% off its high from spring of 2021.
Up 5% now. I have zero clue WTF is going on now.Amazon blew past analyst expectations for revenue and earnings in the third quarter.
Revenue climbed 13% in the quarter, a sign that the business is seeing some acceleration after a difficult 2022 that was marred by soaring inflation and rising interest rates.
Down 2% lol
Market coming to its senses?Up 5% now. I have zero clue WTF is going on now.Amazon blew past analyst expectations for revenue and earnings in the third quarter.
Revenue climbed 13% in the quarter, a sign that the business is seeing some acceleration after a difficult 2022 that was marred by soaring inflation and rising interest rates.
Down 2% lol