Money & Economics

[bigredfish]

A man with no clue how financial markets work, threatening the Fed to do his bidding or he'll further destroy the economy.

Happy Friday!

 

[bigredfish]

 

[bigredfish]

LOL

'Murica!

Dumb fucks

 

[VorlonFrog]

HASSETT SAID HE TALKED TO TRUMP LAST NIGHT AND THAT TRUMP IS NOT PROVIDING ADVICE TO THE FED.

The 'Federal Reserve' is neither a Federal agency, nor a reserve of any kind.

 

[bigredfish]

One of the most knowledgeable people in shipping/freight

 

[bigredfish]

 

[bigredfish]

Hopeful on open it drops some more, I need to buy some more SPYM (S&P 500) and QQQM (Nasdaq)

Why QQQM vs QQQ?

I've pretty much chosen VGT as my Tech play

 

[bigredfish]

83% of Trump’s job reports have been revised downwards.

 

[bigredfish]

My plan going forward (minus allowance for any crash)

All with a 5% Trailing Stop

#SCHD 40%
#XLV 20%
#VGT 20%
???XLE/GLD_____ 20%- perhaps SPY? If I feel I need to be more conservative.


*I'll always dabble in #GLD and likely hold 20-25 shares long

 

[MikeLud1]

Why QQQM vs QQQ?

I've pretty much chosen VGT as my Tech play

QQQ has a higher ER 0.18% vs 0.15% for QQQM

 

[MikeLud1]

Its looking ugly, so I think you'll have a good entry point

I just got in at $90.545 as it started going up

 

[bigredfish]

Donnie big mad the stock market isn't listening to him...

 

[bigredfish]

Unrestrained by reality...

 

[MikeLud1]

Donnie big mad the stock market isn't listening to him...

I guess Trump does not know the market typical goes down the month of September and also a midterm year.

 

[MikeLud1]

Hopeful on open it drops some more, I need to buy some more SPYM (S&P 500) and QQQM (Nasdaq)

I finished buying SPYM and QQQM for the day. I was able to get in near the low of the day.

 

[bigredfish]

I guess Trump does not know the market typical goes down the month of September and also a midterm year.

Or when rate hikes are imminent

Or when the President threatens to stop trading with all of our trading partners...

Or when nobody believes the jobs report

 

[bigredfish]

Welp, now we know.

 

[bigredfish]

We've been doing wrong for all these years