Investing General Discussion
- Thread starter Furious
- Start date
Khane
Got something right about marriage
- 21,939
- 15,926
Just a quick ~875% over 1 year.
EDIT: Jesus I have not been paying attention to what Sandisk was doing.
- 2
- 1
Sheriff Cad
scientia potentia est
- 34,031
- 82,343
Those numbers are insane. The general tech fund I buy (VGT) is up 25.08% this year already...
- 2
- 14,129
- 81,221
Jysin
Bronze Baronet of the Realm
- 7,212
- 5,768
Contrarian take:
As you said, we are weeks deep into a continuous rocket up to ATHs. VIX is back at 15. Hedging is cheap right now. You can buy some really cheap downside protection with long dated OTM puts on the ETFs. Don't wait for the shoe to drop and protection costs to go up. Buy now while calm and at very stretched in the weekly charts.
I certainly am not deploying longs here.
Jysin
Bronze Baronet of the Realm
- 7,212
- 5,768
From the WSJ:
"Worker compensation—wages and benefits—grew 0.8% in the first quarter from the fourth, while domestic corporate profits jumped 2.7%. As a result, labor’s share of gross domestic income (conceptually similar to GDP) sank to 51%, the lowest since records began in 1947. "
"Worker compensation—wages and benefits—grew 0.8% in the first quarter from the fourth, while domestic corporate profits jumped 2.7%. As a result, labor’s share of gross domestic income (conceptually similar to GDP) sank to 51%, the lowest since records began in 1947. "
fris
Vyemm Raider
- 2,618
- 3,652
Haus
I am Big Balls!
- 20,219
- 81,942
Totes. Cheaper labor is what plants crave.
As for deploying into the market. I know I'm the boring ass individual around here, but I've just been DCA'ing regular buys every month at a rate of "half of whatever my commission check for the month is". Split between XLK, HDV, and some into URNM (my current underperformer) and I still feel fine. I fully expect some level of correction to happen, but there's enough reality under things IMHO that it's not going to drop more than it's picked up.
Then again I'm far more of a buy and hodl'er than most around here.
Khane
Got something right about marriage
- 21,939
- 15,926
Uhhhh... hate to burst your bubble but... pretty sure Brawndo is what plants crave.
- 1
fris
Vyemm Raider
- 2,618
- 3,652
i think you'd be surprised. there's a few vocal traders, who have the knowledge to do that many transactions and share that knowledge, an important overlap. while the rest of us rarely sell anything, most our stuff is probably in a 401k.
Sheriff Cad
scientia potentia est
- 34,031
- 82,343
Historically, the S&P 500 has closed exactly at record highs on about 7% of trading days, with a significant portion (around 12%) within 1% of the ATH, an additional ~8.5% of days 1–2% below the ATH—resulting in roughly 25–30% of trading days within about 2% of all-time highs—and has been within 5% of its ATH on 44% of trading days.
Might be waiting a while for those opportunities while the market moons. Time in the market beats timing the market every time.
Might be waiting a while for those opportunities while the market moons. Time in the market beats timing the market every time.