just my observation, the growth stocks is heavily correlated w the 10-yr treasury. over the past ~~ 2 months, the 10-yr yield has dropped from 1.7 to 1.3 today; NVDA, MSFT, AAPL, FB, NFLX and others have risen from the ashes, some of them have reached all-time highs for MSFT, this tailwind is strong enough to overcome the bad news on the JEDI program
@saitou Citius Pharmaceuticals (CTXR) said that it expects to complete a Phase 3 study for its drug candidate Mino-Lok by early 2022 and to file for US regulatory approval in 2022.
Bloodbath for my smallcaps. Silver lining is cvm up 8% on insider buying. Ceo bought $200k worth, signaling his confidence. He previously bought a lot at 84 cents when ppl thought they were going bankrupt awhile back.
looking ugly. but just gonna hodl and slowly average down. real economy still looking good yeah? earnings have been good, and valuations don't really look stretched as long as growth companies keep growing.
Do you guys hire an adviers to help you manage your assets? If so what is a good number to pay the adviser as a % of your account? I don't have one but might consider getting one.
just as i thought that i had something figured out, the market slaps me in the face to remind that things are not so straight forward / logical today the 10-yr yield drops to 1.29; yet, all the indices are having a meltdown file this under momentary market perturbation; i remain bullish on US stocks, in particular FAANG and base material sold an Aug 137/132 PUT credit spread---collecting $2.55 premium in advance---defining my max risk to be $2.45 also sold AAPL covered CALL, Jan 2022 150 strike, for $8.45
Interesting question, I haven't used one but most I've seen are 0.25-1% or fee based unless they're making you some crazy returns and it's somehow not a Ponzi etc... More than likely if you find one and they're promising something crazy I'd stay away.
Blah, no... And I missed newegg too, I had been watching it randomly and sure enough missed out. I Should just post stuff I'm watching, haha
The people I know who use one seem to do fine-to-great. Usually they are older (my parents or friend's parents) but a few are my age. But they just hold long - how hard can it be. I asked to see portfolios out of curiosity and they just buy and hold index funds. Change strategy slightly as you age. One person I know was advised to stockpile their employee Home Depot stock for life basically. And it's paid off HUGE. Meanwhile, an advisor told my dad to sell off his Target stock like 2 years ago, to minimize risk, which umm... backfired. So... I don't think any "normal" advisors are going to be buying or selling options or anything crazy.
Buffett thinks fund managers struggle to beat index. I tried looking at robo Advisors, then I realise they just choose a basket of index funds according to your preferred risk profile and charge you a fee on top of what the index charges you - so I just went out and bought the index funds the advisor would have recommended anyway. Then I thought y not save on index fees and just buy faang which make up a huge % of an s&p or msci index. That started me down the rabbit hole of diy, and in a few months I was gambling on options and penny stocks lolz.
bought back in june; up 60% today! https://www.businesswire.com/news/h...ntent-to-Go-Public-on-New-York-Stock-Exchange alright sold half. was running really low on cash; have $ to speculate again.
