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03-14-2022, 02:24 PM | #12586 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
Casino cash: $851110
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Cathy Wood's ARK is sinking...........
Jim Cramer called her out and said she was like a first time money manager and was doing nothing to protect the downside, blindly thinking she is smarter than the market. Blowtorched her.
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"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!" ~Redd Foxx~ "The men who drafted Patrick Mahomes" |
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03-14-2022, 02:25 PM | #12587 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
Casino cash: $851110
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She's down like 68% from the high
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"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!" ~Redd Foxx~ "The men who drafted Patrick Mahomes" |
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03-14-2022, 04:31 PM | #12588 |
TACO SALAD
Join Date: Apr 2008
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It's not exactly the Q's but more than half the NASDAQ composite was down 50+% heading into the week. It's been brutal on a lot of those stocks for a while
I saw this weekend that generic bonds, if it held through end of quarter, would be off to the worst 1st Q in 40 years. It looks like Vanguard's BND is down 4% ytd. That doesn't even include the fact that the Real yield is crazy negative. I feel bad for people retired or close, I have no idea what you'd do. We have multi-decade high inflation and I think cash would have been the best place to be so far this year. |
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03-14-2022, 05:01 PM | #12589 |
Mammoth penis
Join Date: May 2006
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That's almost a compliment coming from him, Cramer is a ****ing hack.
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03-14-2022, 05:09 PM | #12590 |
Veteran
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03-14-2022, 05:11 PM | #12591 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
Casino cash: $851110
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Sometimes I think so.....
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"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!" ~Redd Foxx~ "The men who drafted Patrick Mahomes" |
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03-14-2022, 06:42 PM | #12592 |
Mod Team
Join Date: Sep 2011
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I can’t imagine this is the bottom.
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03-15-2022, 04:42 AM | #12593 |
Veteran
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Location: DE
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03-15-2022, 06:42 AM |
Hog's Gone Fishin |
This message has been deleted by Hog's Gone Fishin.
Reason: Screw it
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03-15-2022, 07:08 AM | #12594 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
Casino cash: $851110
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I'm going to take about 10-12K and start to nibble at small positions of good stocks that have been beaten down.
I need to run some screens...
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"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!" ~Redd Foxx~ "The men who drafted Patrick Mahomes" |
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03-16-2022, 08:01 AM | #12595 |
Supporter
Join Date: Feb 2005
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SPYs opened above the 20 day SMA. Could possibly be the first day where all the price action is above the average since early February.
That's the good news... QQQs are up against the 20 day SMA and could turn back down. That's the bad news. A positive week of price action would go a long way to start taking the down trend out of this market. |
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03-16-2022, 11:11 AM | #12596 |
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Interesting article- stock pickers consistently can’t beat the S&P.
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03-16-2022, 11:15 AM | #12597 |
Seize life. Be an ermine.
Join Date: Jul 2001
Location: My house
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VARSITY
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I've come to the conclusion that a big part of this is the massive tech stocks that are so heavily weighted. The only way to beat the S&P for the past several years is to overweight yourself in the FAANGs, which goes against the traditional strategy of diversification. You're either diversified and underperforming the index, or you're overweighted and hoping that none of those stocks melts down.
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03-16-2022, 12:36 PM | #12598 | |
Fish are scared of me
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Quote:
If and when AMC ever pops I'll dump that money into them also. |
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03-16-2022, 01:06 PM | #12599 |
Supporter
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1/4 point rate hike...Fed sees 6 more coming this year. Market had sold off but is trying to bounce back here.....
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03-16-2022, 01:29 PM | #12600 | |
Kind of a mod
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Quote:
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