Posted on 05/10/2022 6:44:07 AM PDT by Tell It Right
I’m currently out of equities funds. I’ve put some into long-term treasury mutual funds (which tend to go up when markets crash, particularly bear market).
Short sellers covering their bets. Tomorrow could very well be a different story.
A lot of people ‘in the know’ are saying the Dow may bottom out around 25,000 and the S&P at 3,000, sometime in the Fall. But who really knows...
He’s dead, Jim.
as of this minute @ 10:54 the DOW is up just 16 points
Now below the previous close...
Thanks for sharing your investment strategy.
I am currently 60% stocks & 40% cash. The stocks are mutual funds & ETFs with more going to Value (dividend) funds.
I am not familiar with "long-term treasury mutual funds". What happens to these type funds when interest rates go up? Is your strategy to hold these funds as they will eventually recover?
IMHO, dividend stocks and sector ETFs (sectors that do well during recessions) are worth researching & investing in.
Once again, thanks for sharing your strategy. I wish more Freepers would share theirs.
POTUS is speaking about the economy today.
That should instill confidence…
How much longer can they prop it up?
If his recent focus on reducing gas prices is any indication.
Shorts have covered and we’re back in the red.
S&P 500 just went negative for today. Starting to look like the relief rally might have failed for today.
And it’s already in the red.. wtg guys.
I plan to go big in tapioca futures.
Until sanity is returned to our domestic energy markets we are doomed. A nation runs on energy. Actual energy, not wishful energy. You can’t policy drive what isn’t there.
I’m a tulip guy…
On the link above, set it to view the 3yr option and you can see how I made money from Jan to March in 2020 as I anticipated a bear market. Around the first week of March I bought back in because the S&P 500 had dropped 30% quickly (much like it had done in 1987 with the flash crash).
If you set it to show you All you can see how it made money during the mortgage crisis (Oct 2007 to March 2009) and dot-com bubble burst (March 2000 to fall 2002).
IMHO if you move money around a little (active investing) not trying to time it for the exact week or month (swing trading) then when you expect a large market downturn it's good to park some money into a long-term treasury fund. Especially now that long-term treasury funds are down about 20% from their ATH (a good buying opportunity).
So far the S&P 500 has taken 4 months to drop 17% (at the time of this post) from it's ATH on Jan 3rd. That's longer than it took in 1987 (about 4 months to drop 33%) and certainly 2020 (2 months to drop 30%). So I'm thinking I'll wait until it drops 40% or more (like the 49% slow drop from March 2000 to fall 2002, or the 56% slow drop from Oct 2007 to March 2009). That's the strategy I was employing in early 2020 until I saw it rapidly drop 30% in 2 months (suggestive that the 2020 bear would look more like the 1987 quick 30% bear then rebound, instead of the longer and deeper bears of 2000 and 2008).
"Two years ago Corn Pops were $2.89 a box. Today Corn Pops are $5.02 a box. What is the administration doing to battle Corn Pops costs?
Aha! What a crazy game they play, isn’t it?
LOLOL...too funny. May have to borrow that ;-)
Only if you throw it down hard enough?
There is no upside right now.
Someday historians will marvel in clueless amazement to wonder how we could have ever been so stupid to go from the Prosperity and pride of Trump to the dottering fool that is xiden.
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