Economy stonks only go up v6.1

[kahiljabroni]

Me neither..but you are wrong about your premises..etf's reflect the index change pretty well thats really their purpose

Just because its leveraged doesnt mean i am buying on margin..it just gives me 3x purchasing powery..say i got 100k to invest..well with a triple levered etf i have practically 300k without margin risk

If you are talking about the drawdown you are right..i may be more down temporarily than with an unleveraged etf..but since this is a lpng term play i am not worried about it having time to ride out 10 years when the levered strategy will way outperform as reflected by tqqq chart since 2012 vs nasdaq itself

Interesting. I own qqq but wasn't aware of tqqq...basically it goes up or down times 3? So if you were able to time the bottom or close to it, you would making a killing if and when an extended bull market occurs?

 

[rob mafia]

Is there a brokerage app where you can trade after hours? It's very annoying to have good stock ideas on Saturday and find out Monday morning that the stock is up 10% pre market.

Also when there is bad news and you want to sell you can't but obviously many people are because the price is tanked by the time Monday rolls around. Is this just another function of it being a rigged system where the big dogs can protect their investment and we get smoked?

many/most brokers have after-hours trading to some capacity, but i don't think any trade on weekends. nor do i see that happening anytime soon.

 

[BJ@LW&WW]

after hours trading is still during a specific time period; a few hours after close and a few hours before open. so you stil cant trade on a saturday.

most real brokers will allow you to trade after hours after you have acknowledged the significant risks it entails.

 

[Tycho- Taylor's Version]

Questrade down for an hour this morning amidst he AYTU spike.

And it's snowing.

Canada sucks.

 

[kahiljabroni]

many/most brokers have after-hours trading to some capacity, but i don't think any trade on weekends. nor do i see that happening anytime soon.

Aren't they writing contracts all weekend which dictates the futures markets?

Idk...im ok with there being no trades during the weekends if the prices remain the same. But apparently there's no trading and a stock jumps 10% between frid night and when i can actually buy it

 

[86'd]

Is there a brokerage app where you can trade after hours? It's very annoying to have good stock ideas on Saturday and find out Monday morning that the stock is up 10% pre market.

Also when there is bad news and you want to sell you can't but obviously many people are because the price is tanked by the time Monday rolls around. Is this just another function of it being a rigged system where the big dogs can protect their investment and we get smoked?

As far as I know the only trading you could get into where you can buy and sell 24/7 would be in the futures market.

You can set up a futures account.

 

[rob mafia]

Aren't they writing contracts all weekend which dictates the futures markets?

Idk...im ok with there being no trades during the weekends if the prices remain the same. But apparently there's no trading and a stock jumps 10% between frid night and when i can actually buy it

sure, you can trade futures/etc, but that wouldn't help with what you mentioned. and it's not "all weekend," they don't open til sunday evening at 6pm

 

[Parmenides]

Interesting. I own qqq but wasn't aware of tqqq...basically it goes up or down times 3? So if you were able to time the bottom or close to it, you would making a killing if and when an extended bull market occurs?

Exactly..look at 10yr tqqq chart

 

[boingyman]

So what are some of you with cash doing at the moment? Still waiting? Jumping in via dollcar cost averageing (DCA)? I know volatility is still extremely high, but I really think it's time for me to start throwing in some cash this week, maybe in 5-10% increments? I'm debating if I should go with VOO ETF, VTSAX or VFIAX index fund. I think whatever I choose they will all have similar returns. Will also allocate 20% of total cash investments into individual stocks although that's undetermined at the moment. This is cash we can keep in the market for 10+ years if we have to. I'm thinking just investing 50% of planned amount and doing DCA in the next 3-6 months since I think all this volatility could last even up to a year or more. Although the virus may slowdown as the warm weather approaches I'm concerned a second wave could hit us in the winter and who knows what will happen if it does. Unlikely for any vaccine to come out by then.

This is just me typing out my uncommitted thoughts for now. Just seeing if anyone else that have cash to invest long term are doing.

 

[Parmenides]

Im seeing some crazy things in the bond market..someone just snatched 100k worth of a GE bond maturing in may at 20% YTM..and 160k of ford january bonds yielding 30%!

Looks like lots of folks desperate for liquidity..

 

[Parmenides]

So what are some of you with cash doing at the moment? Still waiting? Jumping in via dollcar cost averageing (DCA)? I know volatility is still extremely high, but I really think it's time for me to start throwing in some cash this week, maybe in 5-10% increments? I'm debating if I should go with VOO ETF, VTSAX or VFIAX index fund. I think whatever I choose they will all have similar returns. Will also allocate 20% of total cash investments into individual stocks although that's undetermined at the moment. This is cash we can keep in the market for 10+ years if we have to. I'm thinking just investing 50% of planned amount and doing DCA in the next 3-6 months since I think all this volatility could last even up to a year or more. Although the virus may slowdown as the warm weather approaches I'm concerned a second wave could hit us in the winter and who knows what will happen if it does. Unlikely for any vaccine to come out by then.

This is just me typing out my uncommitted thoughts for now. Just seeing if anyone else that have cash to invest long term are doing.

I got some near term maturing investment grade bonds..royal bank of scotland and deutsche bank..yielding 8-10% till maturity in july/august..then reinvest

Rest of cash waiting for nasdaq to hit 6000-6250 before starting to scale into tqqq

Pissed didnt get that GE bond..quick 20% in <2 months

 

[86'd]

So what are some of you with cash doing at the moment? Still waiting? Jumping in via dollcar cost averageing (DCA)? I know volatility is still extremely high, but I really think it's time for me to start throwing in some cash this week, maybe in 5-10% increments? I'm debating if I should go with VOO ETF, VTSAX or VFIAX index fund. I think whatever I choose they will all have similar returns. Will also allocate 20% of total cash investments into individual stocks although that's undetermined at the moment. This is cash we can keep in the market for 10+ years if we have to. I'm thinking just investing 50% of planned amount and doing DCA in the next 3-6 months since I think all this volatility could last even up to a year or more. Although the virus may slowdown as the warm weather approaches I'm concerned a second wave could hit us in the winter and who knows what will happen if it does. Unlikely for any vaccine to come out by then.

This is just me typing out my uncommitted thoughts for now. Just seeing if anyone else that have cash to invest long term are doing.

If you're planning on throwing money into the market today, you'll lose short. Most likely this week as well as into the following months.

If you're a long term investor, now is a good time to buy but this shit may take a good amount of years to recover.

Basically we have not seen the bottom yet. Just wait till Thursday when the unemployment numbers come out. Things will most likely tank from those results.

Then Q1 earnings will be low, as well as Q2. Then we have an election in Q3 which causes fluctuations in the markets.

If you're trying to time the market on spikes, you have a 25% chance of doing so. Or so they say.

 

[86'd]

Im seeing some crazy things in the bond market..someone just snatched 100k worth of a GE bond maturing in may at 20% YTM..and 160k of ford january bonds going for 30% ytm!

Looks like lots of folks desperate for liquidity..

I thought GE was dead?

They were damn near bankrupt before the virus. Da faqu?

 

[Parmenides]

I thought GE was dead?

They were damn near bankrupt before the virus. Da faqu?

Their bonds are still investment grade..but given the risk i wouldnt mess with their long duration debt

 

[BJ@LW&WW]

Im seeing some crazy things in the bond market..someone just snatched 100k worth of a GE bond maturing in may at 20% YTM..and 160k of ford january bonds yielding 30%!

Looks like lots of folks desperate for liquidity..

https://www.federalreserve.gov/newsevents/pressreleases/monetary20200323b.htm

 

[rob mafia]

If you're planning on throwing money into the market today, you'll lose short. Most likely this week as well as into the following months.

If you're a long term investor, now is a good time to buy but this shit may take a good amount of years to recover.

Basically we have not seen the bottom yet. Just wait till Thursday when the unemployment numbers come out. Things will most likely tank from those results.

Then Q1 earnings will be low, as well as Q2. Then we have an election in Q3 which causes fluctuations in the markets.

If you're trying to time the market on spikes, you have a 25% chance of doing so. Or so they say.

3/26 is also when the restrictions are lifted. and for all i know, bad unemployment data is priced in. it's been talked about for about a week now... *shrugs*

 

[boingyman]

If you're planning on throwing money into the market today, you'll lose short. Most likely this week as well as into the following months.

If you're a long term investor, now is a good time to buy but this shit may take a good amount of years to recover.

Basically we have not seen the bottom yet. Just wait till Thursday when the unemployment numbers come out. Things will most likely tank from those results.

Then Q1 earnings will be low, as well as Q2. Then we have an election in Q3 which causes fluctuations in the markets.

If you're trying to time the market on spikes, you have a 25% chance of doing so. Or so they say.

Yeah, will see what happens towards the end of this week.

 

[86'd]

3/26 is also when the restrictions are lifted. and for all i know, bad unemployment data is priced in. it's been talked about for about a week now... *shrugs*

All restrictions?

I thought they're unaware if they're extending the restrictions or not? The tightening of the lock downs keeps happening as well.

 

[kahiljabroni]

Im seeing some crazy things in the bond market..someone just snatched 100k worth of a GE bond maturing in may at 20% YTM..and 160k of ford january bonds yielding 30%!

Looks like lots of folks desperate for liquidity..

When I hear shit like that it reminds me in an amateur at this game. Where do you find these deals and is there any risk of the bond not being paid?

 

[kahiljabroni]

So what are some of you with cash doing at the moment? Still waiting? Jumping in via dollcar cost averageing (DCA)? I know volatility is still extremely high, but I really think it's time for me to start throwing in some cash this week, maybe in 5-10% increments? I'm debating if I should go with VOO ETF, VTSAX or VFIAX index fund. I think whatever I choose they will all have similar returns. Will also allocate 20% of total cash investments into individual stocks although that's undetermined at the moment. This is cash we can keep in the market for 10+ years if we have to. I'm thinking just investing 50% of planned amount and doing DCA in the next 3-6 months since I think all this volatility could last even up to a year or more. Although the virus may slowdown as the warm weather approaches I'm concerned a second wave could hit us in the winter and who knows what will happen if it does. Unlikely for any vaccine to come out by then.

This is just me typing out my uncommitted thoughts for now. Just seeing if anyone else that have cash to invest long term are doing.

I had about 50k to invest...could do more but i like solid emergency fund.

I dropped a little over 1/3 when dow dropped below 20k. A couple grand of that was some individual stocks, the rest etfs. I'm planning on letting the market dictate the rest....if dow drops somewhere in the 16-17k range id drop another 1/3 in etfs....then save the final 1/3 for if it really tanks to the 12-15k levels.

Im also going to keep an eye on multi family real estate prices. If the dow rebounds before i can get more money in then maybe i can find a steal in RE. Then again the governments policy is basically bail out everyone and everything so maybe the housing market won't tank.