This is exactly why I bought tsla. Its the most volatile of the fateful 8.
Tinfoil hat material. Chris Walen this AM posted
" Day 71 since the quarter close and @federalreserve has still not released the Q4 bank holding company performance reports. Data has been final for a month. What are we hiding folks??"
Then a couple people mentioned that SOFR spreads are blowing out. I had heard that from a podcast interview of Michael Howell a couple days ago.
So possibly a bank is failing? If so, were likely to see a federal reserve liquidity dump, which would pump TSLA / Mag 7.
If not, then the other end of my barbell is long bonds and the VIX.
I'll keep whichever end is working when it becomes apparent.
You certainly pay more attention to stats and events, certainly more knowledgeable than me and more up to date for sure.
Im mostly in the preserve mode being retired in index funds for 401k and except Im doing with a Roth which is coming along nicely, was always something I can afford to lose though now it would really sting*LOL* and I do NOT want too.
Now that I am retired and have time it is working out pretty nicely. So for definition, I would say I am a "dumbbell" investor. Using my own weird reasoning as well as paying attention to earnings vs speculation of earnings, even though that is less glamorous. I also pay attention to products that I use and that I see the public using.
May sound dumb to some, but, like META, world's largest advertising platform. So many including me use it and I have GREATLY noticed the new algorithms keeping me "tuned" in.
WMT too, right through covid where people during depressions, even wealthy flock.
AMZN makes me a little nervous but if they ever went south, then I think to myself life as we know it might end. GM, short term because in 40 years the stock has gone no place but seems hard to lose really short term trades.
Not sure if this makes any sense. But I am complimenting you and also Pablo for your knowledge. I'll take some credit for my "dumbbell" ways too. The way I came about this was I am pretty sure, was Warren Buffett. If I remember correctly. He would a long time ago advocate choosing stocks of companies of things you can touch, use, hold, solid companies, something like that. (I might even have the wrong persons name)
When younger I did trade options, did ok and also tiny energy and mining companies in the USA and Canada, did ok but then life got complicated and didnt have time for that...
Im babbling on, freaking cancer center called me today, VERY upsetting, for the last two days the radiation machine is broken. They hope to have it up and running Wed, parts flying in today. Health Care on the coast sucks. However my doctor great, assured me I will be ok. He is a good guy and knowledgeable. I told him I just dont want to be someone you read about in the media because of a lapse of a few treatment days.
