The stock market

[BennyV]

now is a good time to go to cash.....by July we will be in the chitter DOW closed at 25,877.33 yesterday....so we shall see

Sounds like market timing.

 

[movetheboat]

Sounds like market timing.

not for you...just buy an index fund and look at it in 30 years

 

[movetheboat]

Market is getting slapped like a red headed step child in walmart!!!!

 

[longcast]

Not good!!

 

[wader]

Good God - whar's burning it today?

 

[longcast]

Market is getting slapped like a red headed step child in walmart!!!!

So....................what is the opportunity today?

 

[movetheboat]

Good God - whar's burning it today?

TRADE WARS...BREXIT,,,OIL COLLAPSE

The beatings will continue

 

[BennyV]

TRADE WARS...BREXIT,,,OIL COLLAPSE

The beatings will continue

VIX

 

[JackPrintMD]

So....................what is the opportunity today?

Yes, what was?

So....................what is the opportunity today?

No option from Motor Boat

 

[longcast]

Yes, what was?



No option from Motor Boat

I have positions that I maintain for the long haul. They get beat up from time to time, but over time they end up with decent returns, or shall I say decent for me based on my own risk/reward tolerance. I do have a pool of funds that are used for short term trading or market timing events. With all that is going on not only in the US, but around the world, I personally use two ETF's that can help enhance returns. They are EDC and EDZ. EDC tracks the emerging markets bull x3, EDZ tracks the emerging markets bear x3. So, for the last few weeks, EDZ has provided a return, EDC has not!
Remember, they track at 3x. When you win, you win, when you lose, you lose!!

 

[longcast]

Yes, what was?



No option from Motor Boat

Yes, I am surprised MTB did not respond. I do like to hear other opinions and thought process.

 

[longcast]

TRADE WARS...BREXIT,,,OIL COLLAPSE

The beatings will continue

What is the play today?

 

[BennyV]

I have positions that I maintain for the long haul. They get beat up from time to time, but over time they end up with decent returns, or shall I say decent for me based on my own risk/reward tolerance. I do have a pool of funds that are used for short term trading or market timing events. With all that is going on not only in the US, but around the world, I personally use two ETF's that can help enhance returns. They are EDC and EDZ. EDC tracks the emerging markets bull x3, EDZ tracks the emerging markets bear x3. So, for the last few weeks, EDZ has provided a return, EDC has not!
Remember, they track at 3x. When you win, you win, when you lose, you lose!!

So you hold equal positions in both?

 

[longcast]

So you hold equal positions in both?

No, my apology for not explaining further. I hold the position where I see opportunity for short term return.

 

[CELLFISH]

No, my apology for not explaining further. I hold the position where I see opportunity for short term return.

aint worth the trouble... cellfish...

 

[BennyV]

aint worth the trouble... cellfish...

Depends. If you have the ability to day trade and enough funds to make it worthwhile then I could see it making sense. Short-term capital gains probably suck, but if you can get ahead of the headlines I’m sure that there is a boatload of cash to be made (or lost).

 

[longcast]

Depends. If you have the ability to day trade and enough funds to make it worthwhile then I could see it making sense. Short-term capital gains probably suck, but if you can get ahead of the headlines I’m sure that there is a boatload of cash to be made (or lost).

As I mentioned, it is a way to enhance the overall return for the year. I do not day trade as in every day, but exactly what you said, if I can get ahead of a headline, or see a correlation between two pieces of information, I react. And by the way, whether long term gain tax rates or short term gain tax rates.................it's a gain. I know the difference in tax, but income is always a wonderful thing! I pay my taxes, keep some and move to the next!

 

[longcast]

aint worth the trouble... cellfish...

Understood.

 

[movetheboat]

made two trades on the party boat today and covered two fares and then some....trend is down...with the normal bounces

 

[BennyV]

made two trades on the party boat today and covered two fares and then some....trend is down...with the normal bounces

How was the fishing?