Money & Economics

[bigredfish]

Gonna stay parked in the MM for the weekend.

Doing the math on SCHD, the dividend is typically reflected in a comparable NAV price drop on the X date (9/22), so unless you’re sitting in it for a year or more, given the last 2 months of price action, and anticipating a big market correction in the coming weeks/months, I just feel like I’ll be happy with the 3.7% or so in SWVXX for now.

 

[bigredfish]

 

[bigredfish]

Gonna stay parked in the MM for the weekend.

Doing the math on SCHD, the dividend is typically reflected in a comparable NAV price drop on the X date (9/22), so unless you’re sitting in it for a year or more, given the last 2 months of price action, and anticipating a big market correction in the coming weeks/months, I just feel like I’ll be happy with the 3.7% or so in SWVXX for now.

Plus as I noted last week, its just not performing like it should.
Something is wrong, I think its the underlying bigger market.

The theory is that the big boys have been selling the market for over a month and what we're seeing is simply retail trying to keep it going

I sure don't know but it just don;t feel right.

 

[bigredfish]

Wow, the 10year took a whole day 1/2 to get back above 5%

 

[MikeLud1]

Plus as I noted last week, its just not performing like it should.
Something is wrong, I think its the underlying bigger market.

The theory is that the big boys have been selling the market for over a month and what we're seeing is simply retail trying to keep it going

I sure don't know but it just don;t feel right.

On the day chart it looks like SCHD is going to continue to drop, I am thinking to about $32.00

 

[bigredfish]

On the day chart it looks like SCHD is going to continue to drop, I am thinking to about $32.00

View attachment 249304

Which is exactly where it started its rise to 35, along with the entire market. End of July or so

So the market has another 7% down to go