aussiebear Posted August 13, 2018 Report Share Posted August 13, 2018 Limited enthusiasm among the early openers: Kiwis -0.4%, Aussies -0.3%, Japan -1.1% and Sth Korea -0.7%.Aussie sectors ranging from IT +0.9% down to Miners -1%. All Ords http://www.abc.net.au/news/business/ Link to comment Share on other sites More sharing options...
aussiebear Posted August 13, 2018 Author Report Share Posted August 13, 2018 http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
aussiebear Posted August 13, 2018 Author Report Share Posted August 13, 2018 http://money.cnn.com...s/morning_call/http://www.kitco.com http://www.kitconet....ase_metals.html Link to comment Share on other sites More sharing options...
aussiebear Posted August 13, 2018 Author Report Share Posted August 13, 2018 http://www.engrish.com/2017/07/this-bread-seems-have-magic/ Found at bakery in Langfang, China. Link to comment Share on other sites More sharing options...
aussiebear Posted August 13, 2018 Author Report Share Posted August 13, 2018 http://bigcharts.mar...com/default.asp All Ords finished -0.4% led down by Miners -1.4% and Materials -1.3%.Seriously red in parts of Asia: China -0.3%, Hong Kong -1.5%, Japan -2%, India currently -0.4%. UK/Europe dodging bullets: FTSE and DAX -0.5%, CAC -0.2%. http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
aussiebear Posted August 13, 2018 Author Report Share Posted August 13, 2018 http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
sandy beach Posted August 13, 2018 Report Share Posted August 13, 2018 My GLD and SLV positions are getting gobsmacked in pre-market trading. Nobody wants precious metals anymore. If this keeps up for a few more months I may need to got to Apmex and pick up some bars once it bottoms out. Link to comment Share on other sites More sharing options...
DrStool Posted August 13, 2018 Report Share Posted August 13, 2018 The last secular bear market in gold lasted 21 years. This one started in 2011. Link to comment Share on other sites More sharing options...
DrStool Posted August 13, 2018 Report Share Posted August 13, 2018 Obviously, the US stock market is never going down again. Link to comment Share on other sites More sharing options...
DrStool Posted August 13, 2018 Report Share Posted August 13, 2018 2 day cycle projection 2850. Link to comment Share on other sites More sharing options...
DrStool Posted August 13, 2018 Report Share Posted August 13, 2018 Resistance indicated at 2845. Link to comment Share on other sites More sharing options...
sandy beach Posted August 13, 2018 Report Share Posted August 13, 2018 Yeah - I'm old enough to remember that commodities can have super-long cycles and gold and silver can go down longer than one can imagine. So we may be there. I didn't sell at the open but I may soon. I'm thinking the Turkish issue is really making the dollar strong right now so I may be better selling in a couple of days after that cools down (hopefully). Bought some RYN (Lumber) for the dividend at $34.00. The price is down a lot because lumber demand is down with the drop in new home construction. I just like the dividend so I'll probably just hold a bit unless it starts to go down more from here. I don't expect a capital gain out of this just the dividend. Logged into one of my account and noticed the Fidelity Select Biotechnology Portfolio FBIOX is down 90% in value since Friday. Nice! Looks like they had a 10:1 stock split and Vanguard didn't adjust the # of shares by 10x so it looks like a huge drop in the balance. That was a nice scare but I'm sure they'll update it in a couple of days. Link to comment Share on other sites More sharing options...
sandy beach Posted August 13, 2018 Report Share Posted August 13, 2018 Sold my Seagate STX for +$0.12. Not really worth the effort. It doesn't feel like it's going to bounce much yet. Link to comment Share on other sites More sharing options...
DrStool Posted August 13, 2018 Report Share Posted August 13, 2018 2 day cycle projection 2850. This is one time I'm thrilled to that it's wrong. Link to comment Share on other sites More sharing options...
Jimbo Posted August 13, 2018 Report Share Posted August 13, 2018 THE GREAT BOND OXYMORON I've always thought that total return bond funds have little real reason to exist After all unlike stocks Bonds are a fairly undifferentiated product.....in that there price tend to move all together. And so are very amenable assets for index funds Interest rates are low and just about all bonds are a bad buy. The only real three way for unconstrained bond funds to outperform is........... 1/ Take on more leverage 2/ Take on more risk 3/ Short But in a rising interest rate environment these are a recipe (except for item 3) to underperform NOT outperform. i.e the total return bond fund boom was very much a creature of QE and without its hot monetary air will wither on the vine. Link to comment Share on other sites More sharing options...
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