Tsla down another 7% today, and falling.
These are already serious moves. Look at aapl and msft today, especially aapl. Tempting.
Tsla down another 7% today, and falling.
These are already serious moves. Look at aapl and msft today, especially aapl. Tempting.
I just want to point out to noobs that portfolio theory is working.
Sure, stonks are getting creamed. Down 9-10% this year
But a perfectly generic global 60% stock, 40% bond portfolio is down just half that.
Much easier to take the pain when half your portfolio is up today. (the bond half)
Prof. Racket wrote:
agip wrote:
And there it is.
Ticker VB green on the day.
But who knows…2 more hours to survive.
agip, this one is for you:
every time the market corrects by 10% or more in less than a month's time, the next 6 months see an average of 16% gain
Of your data points, what was the average correction? And can you use a better measure to relate the fall to the rise, then toss the high and low and give an average?
As you might say, the numbers you just gave don’t mean squat!😂
True diversification is different. I am actually up on the year. Not much, but it’s something, and that includes the drag of trbcx.
https://pbs.twimg.com/media/FJ4ji6xXwAYiw9f?format=jpg&name=4096x4096Maser wrote:
Prof. Racket wrote:
agip, this one is for you:
every time the market corrects by 10% or more in less than a month's time, the next 6 months see an average of 16% gain
Of your data points, what was the average correction? And can you use a better measure to relate the fall to the rise, then toss the high and low and give an average?
As you might say, the numbers you just gave don’t mean squat!😂
I had to stop the bleeding. I sold off about 20% of my portfolio today.
Runner1018 wrote:
I had to stop the bleeding. I sold off about 20% of my portfolio today.
some call this 'making a sacrifice to the trading gods.'
throwing in the towel, or some small part of the towel, hoping that is enough to lessen your suffering.
Runner1018 wrote:
I had to stop the bleeding. I sold off about 20% of my portfolio today.
Sorry to hear that. Are you in retirement or close to it? If so, do you not have other sources of income to sustain you through a down stock market (pension, CDs, Social Security)?
agip wrote:
Runner1018 wrote:
I had to stop the bleeding. I sold off about 20% of my portfolio today.
some call this 'making a sacrifice to the trading gods.'
throwing in the towel, or some small part of the towel, hoping that is enough to lessen your suffering.
just to finish the thought - it's a sacrifice - you know it is the wrong thing to do but you do it anyway, hoping that your sacrifice will appease the market and it will stop eating your money.
Like when dads would sacrifice their children in a volcano to stop it from erupting AGAIN.
Dead cat bounce
SP500 unweighted tech index is up on the day. (RSP)
Small caps are up over 100 bps. (VB)
The chartists will be interested in this day, no doubt.
agip wrote:
SP500 unweighted tech index is up on the day. (RSP)
Small caps are up over 100 bps. (VB)
The chartists will be interested in this day, no doubt.
merda
I meant not RSP but actually RYT
is the VIX the greatest or what?
Love that thing.
Yep vix it is, although it was tense today.
Bought PM and began NSRGY buy.
Wild wild day. Jeez. Some dude on bogleheads called the day finishing in the green for the S&P500. Not quite there yet but hats off to him.
Maser wrote:
Tsla down another 7% today, and falling.
These are already serious moves. Look at aapl and msft today, especially aapl. Tempting.
Nice late day bounce-back for Tesla.
Down 1.7% for the day now
The biggest bubble ever will not die easy. Fits, rebounds, falls, then death by a thousand cuts.
agip wrote:
VIX 33 whoo weee, Scaredy cats.
we are setting up for a 1,000 point upmove at some point this week, I'd bet.
posted early this morning.
Today from bottom to top the Dow moved 1,254
Just 3.5 hours to get 1,200 points. Huah.
remember that, boys. Into the memory banks.
Also remember that thr market is efficient.
Heh.
SPY 438 to 420 to 439 wtf. People who moved from bonds to stocks in their 401k ended up buying on a green day LoL.