Anybody taking advantage of Coronavirus?

Discussion in 'Business, Investing & Finance' started by ThreatMatrix, Feb 29, 2020.

  1. Concrete Helmet

    Concrete Helmet Hook, Line, and Sinker
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    The payments are not moving the market the way the first ones did...even the ones in December barely moved the needle perhaps because people in the know are leery of a major adjustments.....Nasdaq and small caps are like a mine field due to fear of rates and even the inflation trade(financials, energy & dividend)are suffering losses about every 2nd or 3rd day.....same with metals and commodities which minus a slightly rising dollar should be going off the Richter about now...

    I believe people leave politics out of financials and market talk but if you're telling me there isn't a major lack of confidence coming from the top of this countries leadership as well as a lying ass fed then I would consider any advice you would offer to be a moot point...reality has set in and even a lot of last years Roninhoodites are opting out or waiting for a complete collapse.
     
  2. 78

    78 Dazed and Confused
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    It apparently hasn’t occurred to you that stimulus checks are but one of many facets of the market equation; that they don’t operate in a vacuum. Look at market valuations today compared to 12 months ago. Look at which stocks ran up most, which didn’t. Look at the forward outlook. Look at the selling rotation from one sector to another. Add in the selling off of government debt as a function of inflation risk. Factor in the idea that the yield could rise to 2% before it’s done. Acknowledge the impact of risk equilibrium as pertains to stocks and treasurys. Combine all of these inputs. Let me know your thoughts then.
     
  3. Concrete Helmet

    Concrete Helmet Hook, Line, and Sinker
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    Ok....The rest of the stimulus is garbage. I'll keep waiting for infrastructure until about time those shovels Obama promised show up or order my solar panels when Solyndra reforms......You're buying a lie just like Obummer told us. Market evaluations are inflated and have been even before last March...:dunno:. There is a rotation of sectors because of the TRUE inflation that people can see through...true consumer inflation is 8-10% currently when you factor in fuel and food cost which the fraudulent fed leaves out.
    It doesn't seem matter to bond buyers what the gov is offering because they either aren't buying or forcing higher yields putting pressure on some sectors of the SM....Hell even taking the SLR away from banks was a feeble attempt to flood more liquidity into the market....it ain't working either....
    The real impact of what these morons are doing is losing complete control of inflation and allowing rates to get higher and higher where to my understanding will result in the gov becoming insolvent at around 4%(their payments will no longer cover even the interest on their debt)
    Good times huh? Thanks to Communist Joes agenda.....Are you honestly telling me DT wouldn't have handled this MUCH better? Hell real unemployment is around 12-13%(always 2 to 3% higher than what Powell says) and we've got a moron shutting down key parts our energy sector and sending factories back to Mexico while allowing hundreds of thousands of illegals who will burden our tax system AND employment situation....You honestly don't believe people don't see this unfolding before their eyes....and I haven't even mentioned a MAJOR hike in corporate and personal/capital gains taxes.
     
  4. Detroitgator

    Detroitgator Well-Known Member
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    Correct... it's only a matter of degree, not whether or not it would be materially different.
     
  5. 78

    78 Dazed and Confused
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    Applying that logic, the pendulum swings either way. There was a sell off in the fall when the Senate stalled on a third stimulus payment.

    It’s the cumulative effect that drives inflation.
     
  6. Detroitgator

    Detroitgator Well-Known Member
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    And it ain't linear when it happens ;)
     
  7. 78

    78 Dazed and Confused
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    Nothing ever is.
     
  8. Detroitgator

    Detroitgator Well-Known Member
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    I know, but no matter how many times I try to explain that, or the fact that events in time do not occur evenly distributed on a timeline, people seem to think they are! ;)
     
  9. FireFoley

    FireFoley Senior Member
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    Wonder how the 10 yr. treasury got driven down 7 basis points after making a 1 year high yield pre market this morking of 1.77+. Those FVKKSTYCKS
     
  10. BMF

    BMF Bad Mother....
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    You want it to go up?
     
  11. FireFoley

    FireFoley Senior Member
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    Selfishly, yes I do. Firstly it will drive up mortgage rates, which is one thing. Secondly, I personally have structured investments whose yields reset monthly and/or quarterly based on the yield curve. Also as the type of investor I am, most of the stocks I own as investments do much much better in a rising rate environment. I do not invest in companies that do not make money. I trade them, but do not invest in them. So selfishly I want rates up up and up.
     
    • Concrete Helmet

      Concrete Helmet Hook, Line, and Sinker
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      Ideally the rates NEED to go up to support an overall healthy economic environment in a longer term sense. We have become so fixated on low interest driven equities that we have wiped out the fixed rate instruments that are more essential for persons entering or nearing retirement....the LT treasury has been on a 45 degree angle downward since Volker reset it starting the greatest 40 year bull market in history....I would settle for a small reset but I'm not sure the gov. can afford it..
       
      • BMF

        BMF Bad Mother....
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        I remember in the early 2000's, like 2000-2003 maybe (maybe into 2004+) - I was younger and much "poorer" back then and didn't do much investing outside of a monthly mutual fund deposit - I had a CD ladder and I was getting over 5% on most of the CD's. I was very happy w/ that back then....and I'd gladly take that today. I know inflation eats up some of it, but having a safe 4+% return on a portion of the portfolio would certainly be welcomed.

        My other issue w/ the low interest rates is that it's irresponsible and has caused the current housing boom. There's no reason why interest rates should be under 4% right now (on a 30-year). It's completely irresponsible - and it's one of the things I think Trump didn't handle well (allowing it to happen) - I know he's not fully responsible, but he interjected himself into it when the rates started creeping up a few years back. I expected rates to be closer to 5% by now (2021).
         
      • BMF

        BMF Bad Mother....
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        Anyone buying ARKX?
         
      • Concrete Helmet

        Concrete Helmet Hook, Line, and Sinker
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        Agree with every word. Can you imagine being able to soak investment funds into 10-12% muni's and Treasury bonds?

        My Pops had a pension, and later a 401k but with his own money he built bond and CD ladders exclusively. He was an un educated working man although he was eventually promoted to an Engineer position at a defense contractor where he worked for over 55 years. He never sniffed a 6 figure salary and was the sole provider for our family of 7(5 kids). It wasn't until he passed in 2013 that I learned he had amassed over 2 million in total including IRA, Pension and personal funds excluding RE....Never touched stocks. . That does not sound like much by today's standards but he spent most of his working years making maybe 50-70k a year...Pops also drove cars until you could see the road through the floorboard...:lol:
         
        • bradgator2

          bradgator2 Rioting
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          I bought yesterday almost immediately. Got in at $20.26
           
          • bradgator2

            bradgator2 Rioting
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            I have quite a bit of the other ARK stuff. I was disappointed with the amount of overlap. I think they overextended the "innovation" portion and didnt do enough of the "space" potion. I was also a little annoyed that I already own so much BA and LMT. Anyway, I didnt buy a lot of ARKX... but thought it was neat to get in at $20.
             
          • BMF

            BMF Bad Mother....
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            I bought in at 20.50 for 25 shares. I sold off ARKF, but I'm holding ARKK, G, & W. I'm down on the last three, which is disappointing - as I was up well over 10% on all of them. I got in a little late on these, so I didn't get the big gains you did. I figure she wants to make ARKX work, so hopefully getting in early is good.
             
          • bradgator2

            bradgator2 Rioting
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            Funny, I bought 25 shares too.

            I jumped on my other ARK etfs early enough that I am holding tight. I have: (76 shares) ARKG up 42%, (110 shares) ARKF up 30%, (126 shares) ARKQ up 45%.

            What's really interesting PRNT is currently the 2nd largest holding in ARKX. PRNT is ARK's 3D printing ETF. Seems odd. But I like the exposure to it.
            arkx.jpg
             
            • BMF

              BMF Bad Mother....
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              The JD buy is interesting too.
               

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