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03-14-2022, 02:24 PM | #12586 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
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Cathy Wood's ARK is sinking...........
Jim Cramer called her out and said she was like a first time money manager and was doing nothing to protect the downside, blindly thinking she is smarter than the market. Blowtorched her. |
Posts: 52,471
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03-14-2022, 02:25 PM | #12587 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
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She's down like 68% from the high
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Posts: 52,471
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03-14-2022, 04:31 PM | #12588 |
TACO SALAD
Join Date: Apr 2008
Location: yes
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It's not exactly the Q's but more than half the NASDAQ composite was down 50+% heading into the week. It's been brutal on a lot of those stocks for a while
I saw this weekend that generic bonds, if it held through end of quarter, would be off to the worst 1st Q in 40 years. It looks like Vanguard's BND is down 4% ytd. That doesn't even include the fact that the Real yield is crazy negative. I feel bad for people retired or close, I have no idea what you'd do. We have multi-decade high inflation and I think cash would have been the best place to be so far this year. |
Posts: 6,387
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03-14-2022, 05:01 PM | #12589 |
Mammoth penis
Join Date: May 2006
Location: Springfield
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That's almost a compliment coming from him, Cramer is a ****ing hack.
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Posts: 11,434
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03-14-2022, 05:09 PM | #12590 |
Veteran
Join Date: Feb 2012
Location: DE
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Posts: 3,817
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03-14-2022, 05:11 PM | #12591 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
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Posts: 52,471
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03-14-2022, 06:42 PM | #12592 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
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I can’t imagine this is the bottom.
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Posts: 46,123
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03-15-2022, 04:42 AM | #12593 |
Veteran
Join Date: Feb 2012
Location: DE
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Posts: 3,817
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03-15-2022, 06:42 AM |
Hog's Gone Fishin |
This message has been deleted by Hog's Gone Fishin.
Reason: Screw it
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03-15-2022, 07:08 AM | #12594 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
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I'm going to take about 10-12K and start to nibble at small positions of good stocks that have been beaten down.
I need to run some screens... |
Posts: 52,471
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03-16-2022, 08:01 AM | #12595 |
Supporter
Join Date: Feb 2005
Location: Olathe, Ks
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SPYs opened above the 20 day SMA. Could possibly be the first day where all the price action is above the average since early February.
That's the good news... QQQs are up against the 20 day SMA and could turn back down. That's the bad news. A positive week of price action would go a long way to start taking the down trend out of this market. |
Posts: 129,612
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03-16-2022, 11:11 AM | #12596 |
Veteran
Join Date: Jan 2007
Location: Missoura
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Interesting article- stock pickers consistently can’t beat the S&P.
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Posts: 4,610
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03-16-2022, 11:15 AM | #12597 |
Seize life. Be an ermine.
Join Date: Jul 2001
Location: My house
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I've come to the conclusion that a big part of this is the massive tech stocks that are so heavily weighted. The only way to beat the S&P for the past several years is to overweight yourself in the FAANGs, which goes against the traditional strategy of diversification. You're either diversified and underperforming the index, or you're overweighted and hoping that none of those stocks melts down.
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Posts: 143,055
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03-16-2022, 12:36 PM | #12598 | |
Fish are scared of me
Join Date: Nov 2001
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Quote:
If and when AMC ever pops I'll dump that money into them also. |
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Posts: 40,638
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03-16-2022, 01:06 PM | #12599 |
Supporter
Join Date: Feb 2005
Location: Olathe, Ks
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1/4 point rate hike...Fed sees 6 more coming this year. Market had sold off but is trying to bounce back here.....
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Posts: 129,612
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03-16-2022, 01:29 PM | #12600 | |
Kind of a mod
Join Date: Aug 2005
Location: Donkey Land
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Quote:
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Posts: 52,469
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