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Post by rhythmmethod on Oct 27, 2023 18:41:33 GMT
If anyone knows SCHD intimately, please post why it is down too much today. I do not need dismissive comments. P.S. I do not enough and it is stuck in my taxable account but it is part of my inter-market watch list. I don't have an intimate knowledge with SCHD other than it is the one high quality/yield equity fund I would buy at almost any time and feel good about it. I was happy to add at 67. If SCHD falls off the roof we have bigger problems than picking funds, IMO. I'll continue to buy on dips. Good luck.
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Post by habsui on Oct 27, 2023 18:52:32 GMT
All I can say (generically), NVDA.. I'm with FD. If your goal is to impress strangers on the Internet, you NEVER get specific and ALWAYS post your trades after the fact. No exceptions. I also do approve of phrases like: "The only constant in investing is the change with new opportunities." That's brilliant! 🙄 Personally, I'm with Bob Dylan "I used to care but things have changed."
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Post by uncleharley on Oct 27, 2023 18:54:27 GMT
If anyone knows SCHD intimately, please post why it is down too much today. I do not need dismissive comments. P.S. I do not enough and it is stuck in my taxable account but it is part of my inter-market watch list. I do not follow SCHD, however I think that if you looked at their portfolio you would find a lot of large banks and other financial institutions in it. Fwiw XLF is down by an amount similar to SCHD and falling.
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Post by Norbert on Oct 27, 2023 19:07:00 GMT
I'm with FD. If your goal is to impress strangers on the Internet, you NEVER get specific and ALWAYS post your trades after the fact. No exceptions. I also do approve of phrases like: "The only constant in investing is the change with new opportunities." That's brilliant! 🙄 Personally, I'm with Bob Dylan "I used to care but things have changed." "No one is free, even the birds are chained to the sky " - Bob Dylan (Nobel Prize Literature, 2016)
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Post by anitya on Oct 27, 2023 19:23:52 GMT
I was not casting aspersions on SCHD. Just wanted to know what is going on. Un-inversion or steepening of the yield curve is good for financials, unless loan losses and other economically sensitive businesses of the financials take a hit. The short end of the curve is holding up well. So, the bond market is not yet forecasting poor imminent economic outcomes. May be it is the realization that the shift up of long end of the curve may not be transitory and positioning. May be a good day to buy something. mani , instead of checking each holding, what service can I use that gives me a snap shot of the price action of each holding (or at least the top 10) of a fund?
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Post by Norbert on Oct 27, 2023 19:40:20 GMT
I was not casting aspersions on SCHD. Just wanted to know what is going on. Uni-inversion or steepening of the yield curve is good for financials, unless loan losses and other economically sensitive businesses of the finanacials take a hit. Loan losses as in commercial real estate? Yes, might be a problem. Don't understand "uni-inversion". Please explain. TIA.
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Post by anitya on Oct 27, 2023 19:46:29 GMT
Has anyone figured out why there are short to intermediate term divergences in QUAL vs JQUA price action? May be I need to unpack their respective indices.
I know either of them will be fine for a long term hold but entry price is always important.
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Post by Deleted on Oct 27, 2023 19:50:33 GMT
I noticed that chatter about recession next year has increased again.
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mani
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Post by mani on Oct 27, 2023 19:52:18 GMT
mani , instead of checking each holding, what service can I use that gives me a snap shot of the price action of each holding (or at least the top 10) of a fund? I wish I knew. Morningstar used to but not anymore.
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Post by Deleted on Oct 27, 2023 20:27:20 GMT
mani , instead of checking each holding, what service can I use that gives me a snap shot of the price action of each holding (or at least the top 10) of a fund? I wish I knew. Morningstar used to but not anymore. Maybe this will suffice: Bring up fund in Yahoo Click "Holdings" Click "Get Quotes for Top Holdings" Voila
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mani
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Post by mani on Oct 27, 2023 20:40:42 GMT
I wish I knew. Morningstar used to but not anymore. Maybe this will suffice: Bring up fund in Yahoo Click "Holdings" Click "Get Quotes for Top Holdings" Voila Good one. Works great.
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Post by anitya on Oct 27, 2023 21:41:22 GMT
I wish I knew. Morningstar used to but not anymore. Maybe this will suffice: Bring up fund in Yahoo Click "Holdings" Click "Get Quotes for Top Holdings" Voila Does Yahoo ever get glitchy? I checked Yahoo for that before I posted my request and did not see that feature or was I just not focused enough. It is there now on Yahoo. I did misplace two things in my house in the last three months and still can not locate them. Thanks for your help.
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Post by yogibearbull on Oct 27, 2023 21:42:09 GMT
Div-blend SCHD was hurt today by selloffs in pharma and oil. Rising LT rates have hurt all bond-proxies, see SCHD and current-div VYM (panel below). Yahoo Finance has quotes for Top holdings. M* used to have quotes for holdings but not anymore (another feature gone). stockcharts.com/h-sc/ui?s=SCHD&p=D&b=5&g=0&id=p01633581544
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Post by anitya on Oct 27, 2023 21:48:04 GMT
... May be a good day to buy something.I checked my GTC orders and it turns out I bought IEP at today's low. Just an initial trial buy to do some research. I think it is still overvalued (at premium). If anyone owns IEP, please let us know how much of the nearly 25% dividend is return of capital. Thanks. Edit: IEP is an LP, issuing Forms K-1. www.ielp.com/tax-information. Given the UBTI tax-exemption limitations in an IRA, I have to figure out if the limitation is per IRA or per IRA owner.
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Post by richardsok on Oct 28, 2023 16:46:14 GMT
My insider buying site is like a desert out there. One exception is W. Buffet not only buying more OXY (which most of you already knew), he has also recently bought back almost four million shares of BRK/A and another 3.8 million sh of BRK/B on their current dip. Thought I'd mention it.
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Post by archer on Oct 28, 2023 22:37:39 GMT
My insider buying site is like a desert out there. One exception is W. Buffet not only buying more OXY (which most of you already knew), he has also recently bought back almost four million shares of BRK/A and another 3.8 million sh of BRK/B on their current dip. Thought I'd mention it. richardsok , Between this and your other post on BERK, looks like some boxes are getting checked.
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Post by FD1000 on Oct 28, 2023 23:06:51 GMT
"Let's be honest. None of us has lived at worse time for first buyers (and if you believe so, show me the numbers)" Seriously? My first venture into home ownership was in 1981 for an entry level condo. The interest rate was 15%, courtesy of Jimmy "peanut farmer" Carter.I've paid 15% interest. The interest portion of a monthly payment is far higher than the principal. Making double house payment didn't mean making double the monthly payment. It was more like 30%. Of course that is early on. At the end of the mortgage principal is the largest part.
I don't remember ever having a variable rate loan. All of my mortgages were fixed rate. The advantage of working with a small town bank is that refinancing was a flat fee, not a percent of the loan. For a different house, with slightly lower interest rates, when rates started dropping we refinanced our house twice in 18 months. We have always operated off a budget so even though it lowered the required payment we kept paying the same to pay off the loan early. We paid off a 30 year loan in 16 years.
We always had a fixed rate loan BUT never paid extra, and we could because I made much more in the stock market. We bought our first house in 1992 with 8+% rate. Refinance a couple of time. Then we bought a second and current house in 2000. In 2012 we took out our last mortgage. Penfed had a magnificent offer. Home equity loan at steady 1.99% rate for 5 years + no fees. This new loan was greater than the equity to pay out my kids student loans, all at 1.99%. Of course, I made more than 2% in the stock market. We finished all our debt in 2017. I retired in 2018. BTW, we used every loan for big items that was offered to us for zero to low rates because I can pay it any time if I need too + I knew I can do more more. This was an easy and cheap leverage IMO. The key of course is to know how manage money + portfolio volatility.
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Post by anitya on Oct 30, 2023 5:59:44 GMT
Someone in this forum had mentioned about a Dividend Investing Forum. Could you please share the web address for it? I will be surprised if that forum does not discuss IEP.
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Post by yogibearbull on Oct 30, 2023 11:27:34 GMT
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Post by graust on Oct 30, 2023 12:15:13 GMT
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Post by oldskeet on Oct 30, 2023 13:09:44 GMT
Hi graust, Thanks for posting the dividend source links. I am 75 years in age. I can still hear my late father (who was mostly an equity dividend investor) tell me "Income never goes out of style.". This far, in my life time nobody has proved him wrong. Thanks again for the links. Old_Skeet
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Post by anitya on Oct 30, 2023 19:30:51 GMT
richardsok and uncleharley , I look to you guys for my final confirmation. Are you still holding HDGE & SQQQ, respectively? richardsok, Good call on BRK. If it were not already my largest single stock holding, I would have added to it.
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Post by uncleharley on Oct 30, 2023 19:52:17 GMT
richardsok and uncleharley , I look to you guys for my final confirmation. Are you still holding HDGE & SQQQ, respectively? I am still holding SQQQ. BTW, the DJI might close above its 600 dma today.
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Post by richardsok on Oct 30, 2023 23:33:54 GMT
richardsok and uncleharley , I look to you guys for my final confirmation. Are you still holding HDGE & SQQQ, respectively? I am still holding SQQQ. BTW, the DJI might close above its 600 dma today. I too hold SQQQ but my HDGE is 3x larger. Also a small bit of TSLS. Feeling troubled someone might use ME to confirm anything other than dinner time. Seriously suggest you look elsewhere. In the past, others have had great success using this poster as their #1 contrary indicator.
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Post by mnfish on Oct 31, 2023 16:53:29 GMT
Just listened to an interview with Dubravko Lakos - JPM chief US strategist - on CNBC Halftime. My synopsis of what he said: - More lag effect to come. Especially small and mi-caps. - Unemployment lag. SP500 companies employ 15m people. Small/Mid employ 60-70m. - His SP500 year-end target is about where it is now - Cash is king. 5% yields with no risk. Bond proxies like utilities, etc. also.
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Post by archer on Oct 31, 2023 18:51:49 GMT
We currently have about as many levels of support to fail or not as levels of resistance to break through or not. I'm not sure when to get back in the market. I am encouraged by the relative performance of IVE:IVW over the past few months. However, IVE:IVW is close to breaking through it's downward trend today.
I should probably clarify, IVE is close to breaking through upper resistance of it's downward trendline.
As for when to get back in (I'm mostly out) I don't think any conclusions can begin to be made until after the Fed announcement. The market seems to be repeatedly erratic a couple days before and after.
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Post by Chahta on Nov 1, 2023 10:34:13 GMT
link, interesting article. More of this thinking is going on these days. It will happen, just a question of when bonds take off. I do believe the smart money will take advantage as some have already.
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Post by richardsok on Nov 1, 2023 12:50:27 GMT
link, interesting article. More of this thinking is going on these days. It will happen, just a question of when bonds take off. I do believe the smart money will take advantage as some have already. Recent article in Barron's online is enthusiastic about bond funds just now, opining they will take off around the middle of 2024. I have been tracking BLV on the slowest indicators I use, the 10x20 MA and the MACD two-line on a six- or nine-month chart. Still definitely bearish.
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Post by Chahta on Nov 2, 2023 13:19:30 GMT
I am curious if we have seen the last of a 5% 10-year? If the Fed raises 1 more time maybe we will see 5% again.
Will be interesting to see how Treasuries track now. LT treasuries showed a 3-line break yesterday and are killing it today.
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Post by richardsok on Nov 10, 2023 4:47:20 GMT
Saw report that Chairman and ExecVP of ET just made large insider buys (especially the chairman). ET is still getting a top end 10/10 score from TipRanks. Merrill L still rates it BUY. 9.5 yield.
I was poking around the preferreds and I saw ETpC is priced at $25.05 and it pays a yield of 10.3%. The preferred can be redeemed at any time now for $25, but I also see ET is sitting on very little cash at the moment. ETpD is at 25.11 and yields 10.5%. So it's a fair bet the investor could snag a couple of ex-ds before redemptions. ETpI is probably somewhere down the redemption ladder b/c it yields only 8.4%.
It occurs to me, with yields like this, why am I holding so much in money markets?
I own a good size block on the common.
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