I'm still buying, just a bit more selectively. If nothing else, tying up money in stocks that I need to wait on coming back to life will keep me from just spending the cash... As fickle as the market is I can't see liquidating any stocks now, especially at beat-down prices. What if the Russian war ends next week? Unless you NEED that cash soon or have a very specific plan on when/how to reinvest it- it's more of a gamble to me than letting it ride.
Dude. You are a CFA, too, IIRC. You oughta know better than that. DXY topped out a couple months ago and is in a tailspin the likes of which I wouldn't care to attempt to plumb. There are better options. Me, I'd be sorely tempted to go balls deep in PSLV if I had some idle liquidity right now. Or hookerz and blow.
Well, I've been steadily invested in the HKBL ETF since it was invented. And just to be clear, my "going to cash" didn't mean investing in dollar futures and was more "taking money out of the market to sit on the sidelines for a bit, hoping to 'make' 10% by not losing it over the next couple of months". And it's Chartered Financial Analyst, not CFA - that's an ethics violation
However, given certain contributions to certain persons and (bowel) movements, I doubt that much if anything comes of it.
Sidelines are for bench warmers. And f**k an ethics violation... The shit that's been going on... Psssshhhhhhttt.
Well, I'm glad that the preclearance didn't come early enough for me to trade out of my DIA position today. Tomorrow's news will be telling........
CPI? Nah, bro. Jobs report is the tell. Jerome and company gotta get people into the unemployment line before they pivot. I just hope that KGBmanbad demands gold for oil. That would actually put me over the tipping point for "don't have to anymore"
Always convenient to be arrested just before you were scheduled to testify before congress. I'm sure the timing of the arrest has nothing to do with that and is purely coincidental. Has someone verified the cameras watching his cell are in working order?
Shared girl is a lil FREAK! Some of the crap she had posted on social media was downright terrifying. Toe should hit her up...
Maybe not. From Reuters: U.S. authorities likely moved to prevent Bankman-Fried from testifying in Congress, which could be used by his defense attorneys to claim certain immunities and it often "throws a monkey wrench in prosecutions."
Eight Men Indicted for $114 Million Securities Fraud Scheme Orchestrated Through Social Media https://www.justice.gov/opa/pr/eigh...raud-scheme-orchestrated-through-social-media
Glad some pump and dumpers are getting put up on charges. That said, those that rely on twitter and dischord for their financial advice at the very least should validate anything they read through other channels.