DreamboatAnnie's Account Talk

The Sanders winning angle is so far fetched, it's not to be believed. If anything, it's an excuse for profits taking. Bernie has ZERO chance of winning.

A much bigger concern is the worldwide economic impact. Chinese plants being shut down, travel decreasing over fears of the virus, etc have/are going to, ripple through the world.



did u actually Read the article? I would say no. timing? markets plan 7-9 months out?
enjoy.
 
The Sanders winning angle is so far fetched, it's not to be believed. If anything, it's an excuse for profits taking. Bernie has ZERO chance of winning.

A much bigger concern is the worldwide economic impact. Chinese plants being shut down, travel decreasing over fears of the virus, etc have/are going to, ripple through the world.
Personally I think we're going to see a Nixon McGovern type landslide regardless of who is nominated.

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I'll just say...yesterday, I heard nothing about tge Fed actually cutting rates! Was I asleep??...turning into "Sleepy Joe" I guess...lol. :rolleyes:

Here is article on rate cut yesterday.
https://www.wsj.com/articles/federal-reserve-cuts-interest-rates-by-half-percentage-point-11583247606

PS I do agree about the Landslide. Doesn't matter who runs... a house divided.....also, last week it was mainly fear of the unknown with new virus and to a lesser but still present fear of Bernie. I say the later only because a realization within Dem party about the reality of confronting a major division and loss of power within that party is becoming more real. In any case Fear of the unknown took a grip and Coronavirus was at the forefront last week, but not all of it. So what does future hold now? More news tonight....:blink:
 
Exiting to go 100% F Fund. Yep, I do believe entry on Monday was gamble and premature--there were no upward candles at that point. I think we are dead cat bouncing. I think more fear enters the market soon. But more importantly, I am uncomfortable as I no longer have any bullets to play with. Tuesday caused me to go negative and with today's exit I hope to get to about -1% and then will see if F fund can get me back up into positive territory.

I really dislike exiting (using 2nd IFT of month) but will just need to suffer through..almost didn't exit due to fear of losing out, but I know I will kick myself if more goes downhill with Coronavirus and I am in 100%.

Best Wishes to you All* on Your Investments!!!!!! :D:D:D
 
Hi DBA, I saw your move to 100% F fund and wanted to caution you to keep a close eye on bonds. If we get some positive news regarding the virus there could be a move out of bond and back into stocks. It's all about capital preservation in these volatile markets. Best of luck!
 
Thank You RSpring! That is a Great Point! I usually do not go into F fund, much less 100%. Thanks for warning... will keep an eye on it! :smile:

PS. I am very Happy with close today. I think I might be in positive territory! Will see tonight's AT posting.
 
I have been watching F fund as I am 100% in that fund. But at this time, it is slightly up. Missed the exit this morning but I may reduce exposure tomorrow, or maybe not...

As for equities, while Coronavirus is hurting it a bit... it is oil that FoxNews says is the big dig. Prices reportedly dropped 20% for OIL overnight.

Last night while playing TSP poker, the futures were UP 1000 points! I thought today would be good for market. So, I was surprised to see the huge drop this morning.

So, heard over the weekend that Russia was not going to limit its production of oil along with OPEC. now I understand Saudi Arabia dropped its oil prices??? Humm… sounds like in the wake of Coronavirus, the World smells blood in the water and they are now circling and deciding to take a shot. Sounds like all out war to me! USA under attack?? If Saudi Arabia really did that, then I say we need to twist some arms if possible OR revise our "friendship" with them. Russia and China ---well we already know where they always stand.

Congress may need to support/protect our oil industry from attack so they do not collapse. I guess the World (and Globalist) do not like the USA being independent of their oil and especially since we are now the number 1 oil producer. Also, they probably would love to see a change in leadership so we are not continuing to get Strong economically!

Best Wishes to you All!!!

P.S. While I do not like the thought of bailing anyone out, we need to be realistic about what is happening. Other countries do support (if not own) their companies and so they are going head to head with our private companies. The Govt needs to recognize that and act quickly. Economic Warfare!
 
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Okay... so had time to hear news. Saudi Arabia increased its production significantly, which caused the crude oil prices to drop/collapse. Hear President to meet with some folks in industry, but not sure if that is regarding the virus or oil. I do believe that meeting would relate to the oil issue. oh wait.... now hearing from Charles Payne that SA slashed prices and increased production... WOW! Supposedly this was due to SA price war with Russia...some how Venezuela involved and some possible sanctions by US? Will need to listen to news this evening.. time to get back to work.

Also... I understand a handful of States have declared State of Emergency regarding the virus. I am thinking it is a bit crazy for States to declare state of emergency on the virus at this point.... but that is just me. :rolleyes: of course I am wondering if any of that is "political".... if it is, its just not a surprise....:sick:
 
Russia is in bed with Iran, so don't be surprised if the dust up between Saudi's and Russia ends up benefiting the US in some way.
 
Russia is in bed with Iran, so don't be surprised if the dust up between Saudi's and Russia ends up benefiting the US in some way.

Hi RangerRay, I surely hope so! Its been quite some time since oil was priced this low... couple years? :rolleyes: I hope it and this market recover quickly for everyone's sake!

Here is interesting article on this issue.

https://www.msn.com/en-us/finance/markets/russia-saudi-arabia-squabble-over-oil-strategy-but-the-real-battle-is-with-the-us/ar-BB10XyIt

Oh... here is how Venezuela is involved! But more importantly spells out future effect on US......WOW! Read to end...Not good for US oil!
https://www.cnbc.com/2020/03/08/putin-sparks-an-oil-price-war-and-us-companies-may-be-the-victims.html
 
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So that last article also talks about effect on junk bond ETFs used to fund the industry, plus loss of US jobs, and effect on TEXAS! Now I'm really mad! :suspicious: Damn Russia!!! :hitwithrock:

okay...maybe I should calm down a lil.... :o
 
Often, I'm not clear enough. When I said the United States may benefit from the Saudi/Russia situation, I was thinking in a strategical way, not necessarily in an economic way. Although, our government uses economic means to keep Iran down, so this crunch for Iran will aid that effort in my mind.
 
Wow...never seen F Fund go up 1% like it did Friday and now -1.5% today! Will likely exit the rest of it sometime this week ! Glad to see equities recovered good amount today. Wishing for the best....:smile:

SPX now.png

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I did go all to G fund today. Moved the 50% that I had left in F fund to G fund. Never have liked F Fund and just thinking it could be topped out too after yesterday's action. TNX is up over 9% today, so with Treasury rates up the inverse causing bonds to drop big time! :(

Best wishes to everyone! :smile:

PS. Sorry Tom, I was late in posting to AutoTracker and hope you can fix it.
 
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