Suggestion from CNBC is to go ahead and do some tax harvesting now and move over to other winning stocks even though they are down too. I've thought this makes sense for the last month or two.
If you like Apple and Google and have invested in one of the two at some point this year ,consider selling Appl at a loss and moving over to Google for the eventual ride up. Or vice a versa. [Reply]
It’s like a giant game of limbo in the market. I am starting to think that applying the drunken sailor model to our monetary policy the past few years was not the best idea. I don’t want to jump to conclusions (that should only be for board games), but I am leaning that direction. [Reply]
The Fed has been horrible managing this inflation. This won't end anytime soon unless the Fed shocks the market with a 1% rate hike to stop this crap in its tracks. [Reply]
Originally Posted by scho63:
When you think something can't go lower it does.
The Fed has been horrible managing this inflation. This won't end anytime soon unless the Fed shocks the market with a 1% rate hike to stop this crap in its tracks.
The Fed HAS to create a recession. This administration's bumbassery and blame-game doesn't work in the real world.
Stock market pain for at least four more months. [Reply]
Goddamn it. I bought some GE because I though the chart looked pretty good. And it did outperform the s&p for a couple weeks. Now it’s gapped down 2 days in a row. :-) [Reply]
The butthole has been puckered since late last year. I haven't done much in the markets other than watch my money dwindle. The dollar has been flying up. DXY basket has the dollar up 16+% in the last year against developed peer currencies like EU and the Yen. That seems like a really big move to a FX outsider [Reply]
