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

 

[bigredfish]

Who's stupid enough to be our guinea pig and do this so we can laugh at you next April?

The Treasury Secretary....really

 

[bigredfish]

They’re having a harder and harder time keeping all of the balls in the air at the same time

 

[bigredfish]

 

[bigredfish]

 

[bigredfish]

Markets bright Green, Gold and Oil crushed... looks like a good day for those of you in it. Good Luck!

 

[bigredfish]

With SCHD Ex date tomorrow I would have expected heavier buying,.

But honestly the whole market has me baffled right now

OIL drops on dumb obvious false tweets
Gold can't get out of its own way even when the markets are tanking and 1/2 the world is moving to it as a primary reserve holding
Tech stocks absorb ALL bad news (through granted the big boys have been selling off for a month)
Serious valuation issues and ponzi financing seem to be accepted as normal now
The FED and Treasury will do their best to manipulate markets until at least the Midterms are over

It just all seems so fake and manipulated now

None of it seems like legit price discovery. Its just roll with it, BTFD, it always goes up

I'm not cut out for this game

 

[bigredfish]

Unreal
Nasdaq new ATH!