ChemEngr79 Posted June 2, 2020 Report Share Posted June 2, 2020 3 hours ago, Jamalisms said: I'm so uncomfortable with the funny money market we have right now that I'm gonna buy gold and put it in my mattress or something. It's completely disconnected from the actual economy. I am in a similar boat. I am taking a wait and see approach as I suspect that 2Q/3Q brutal earnings will result in unsustainable P/E... Link to post Share on other sites More sharing options...
OILERMAN Posted June 2, 2020 Report Share Posted June 2, 2020 15 minutes ago, ChemEngr79 said: I am in a similar boat. I am taking a wait and see approach as I suspect that 2Q/3Q brutal earnings will result in unsustainable P/E... You went to cash too? Link to post Share on other sites More sharing options...
OILERMAN Posted June 2, 2020 Report Share Posted June 2, 2020 Small caps are absolutely killing it. My 401k is a small cap value fund and it's up around 50% since the bottom OilerTitanHybrid 1 Link to post Share on other sites More sharing options...
ChemEngr79 Posted June 2, 2020 Report Share Posted June 2, 2020 (edited) 5 minutes ago, OILERMAN said: You went to cash too? I was previously in a bond heavy stable value fund; however, I question if the bonds will suffer substantial losses as many previously solid companies struggle in the upcoming ~2 quarters... So I elected to forgo the previously stable 2.5% annual return and sit tight for a bit in cash. I am currently more concerned with deflation over the short-medium haul than inflation. However, in the 2-5 year window inflation risk is very concerning. Edited June 2, 2020 by ChemEngr79 Link to post Share on other sites More sharing options...
OILERMAN Posted June 2, 2020 Report Share Posted June 2, 2020 6 minutes ago, ChemEngr79 said: I was previously in a bond heavy stable value fund; however, I question if the bonds will suffer substantial losses as many previously solid companies struggle in the upcoming ~2 quarters... So I elected to forgo the previously stable 2.5% annual return and sit tight for a bit in cash. I am currently more concerned with deflation over the short-medium haul than inflation. However, in the 2-5 year window inflation risk is very concerning. Dammit this makes it harder for me to root for Jamal's timing attempt to totally blow up Link to post Share on other sites More sharing options...
ChemEngr79 Posted June 2, 2020 Report Share Posted June 2, 2020 3 minutes ago, OILERMAN said: Dammit this makes it harder for me to root for Jamal's timing attempt to totally blow up It is all good. None of us knows what is going to happen. We each play it the way we see it. Good luck to us all! Link to post Share on other sites More sharing options...
OILERMAN Posted June 2, 2020 Report Share Posted June 2, 2020 1 minute ago, ChemEngr79 said: Good luck to us all! It is not enough to succeed. Others must fail. Gore Vidal ChemEngr79, and abenjami 2 Link to post Share on other sites More sharing options...
OILERMAN Posted June 2, 2020 Report Share Posted June 2, 2020 Only up a measly 1% so far today, is this some kind of slow down? We need Trump to tear gas some citizens or threaten marshal law to get this thing humming again! abenjami, and OilerTitanHybrid 2 Link to post Share on other sites More sharing options...
OilerTitanHybrid Posted June 2, 2020 Report Share Posted June 2, 2020 10 minutes ago, OILERMAN said: Only up a measly 1% so far today, is this some kind of slow down? We need Trump to tear gas some citizens or threaten marshal law to get this thing humming again! The damned rich ass 1%ers are saying "Not bad, we're up 1% for the day, we just made another 1 million bucks!" lol OILERMAN 1 Link to post Share on other sites More sharing options...
OILERMAN Posted June 3, 2020 Report Share Posted June 3, 2020 another big open OilerTitanHybrid 1 Link to post Share on other sites More sharing options...
OilerTitanHybrid Posted June 3, 2020 Report Share Posted June 3, 2020 1 hour ago, OILERMAN said: another big open *snort!* Link to post Share on other sites More sharing options...
OilerTitanHybrid Posted June 3, 2020 Report Share Posted June 3, 2020 Next SPX target, 3136. Topped out there on the dead cat bounce up 3 months ago. See if it can bust it... Link to post Share on other sites More sharing options...
SleepingTitan Posted June 3, 2020 Report Share Posted June 3, 2020 My little beat off Robinhood portfolio is going ham! 401k 1yr return is up to +4.40% and that includes a lot of Asian market stuff (mostly China.) holyyyy Link to post Share on other sites More sharing options...
siamesedinasour Posted June 4, 2020 Report Share Posted June 4, 2020 15 hours ago, SleepingTitan said: My little beat off Robinhood portfolio is going ham! It's nuts. My Robinhood portfolio is up 14.64% in the last month. The country is damn near falling apart, but the stock market is smiling. Link to post Share on other sites More sharing options...
OilerTitanHybrid Posted June 4, 2020 Report Share Posted June 4, 2020 Gouging any mofo that stands in it's way! SleepingTitan 1 Link to post Share on other sites More sharing options...
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