The last week of March, rebalancing seems the likely explanation of the jump of 18% that week.
Volume is lighter now, and stocks are up over 25% since, so a 50/50 fund would theoretically need to shed like 19% of their stocks and move back to bonds. That's a lot of volume and downward pressure.
All that said, I am sure there are some institutions who manage the exchange internally. [Reply]
Originally Posted by petegz28:
Sure you could....tell me how you would know when to buy and sell?? Asking for a friend
Shhhhh.....I don't share secrets.
Originally Posted by petegz28:
WTF are you talking about? It's sector rotation and when you have 2 of the 3 major indexes going in opposite directions it's generally not a good sign.
I am just trying to learn from you, my master. [Reply]
You know why Casinos always in in the long run? The odds are in the favor of "the house". You may beat the house on occasion. May even have a consistent run at times beating the house. Some, a very, very select few will always beat the house.
Most will end up handing the house their money.
There is a reason most hedge funds and portfolio managers can't consistently beat the house, i.e. the SP 500. And it isn't from a lack of knowledge but from a lack of skill. Did you sell when you needed too? Did you buy too soon and get stopped out? Did you buy too late and miss the bulk of the run? Did the hot stock that made you bank fall out of bed over night?
I've seen some people in here talk about dumping everything when Covid hit and "buying lower". I bet they not only missed the bottom but by the time they bought back, if they have, they are worse off than if they just hung through it.
I can't remember who but someone was ready to dump all their money into ROKU for a "short term play". If I remember right it was about a day or two before ROKU took a bit of a hit.
Unless you are just damn good at trading you are never going to beat the house in the long run. [Reply]
Originally Posted by petegz28:
I'd like to see some of you big talkers quit ****ing around and start trading futures. That's where the big dicks swing.
My dick is small but will you teach me about futures? [Reply]
Originally Posted by lewdog:
My dick is small but will you teach me about futures?
I'll teach you this, you better have the bank and the balls to trade with the big dogs. I used to trade mini-Down futures and it is not for the faint of heart. But if you have the bank, fortitude and skill you can make some serious fucking coin. And while all these other jack offs are searching for the "next great trade", futures traders are focused on what is already there. They don't need to seek out a stock. They trade the index or commodity that's already there in front of them. [Reply]
Originally Posted by petegz28:
I'll teach you this, you better have the bank and the balls to trade with the big dogs. I used to trade mini-Down futures and it is not for the faint of heart. But if you have the bank, fortitude and skill you can make some serious ****ing coin. And while all these other jack offs are searching for the "next great trade", futures traders are focused on what is already there. They don't need to seek out a stock. They trade the index or commodity that's already there in front of them.
PSA: This is you on your fourth Nos Energy Drink while watching Wolf of Wall Street. [Reply]