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#20,526
#20,526
Absolutely some big rotations going on and not just wholesale selling. MSFT is surprisingly up almost 4% and AAPL is up. Energy names doing well.

I know that gold had that massive run last year that peaked in January, so it can be argued that it was pricing in everything that has occurred since, but how it has behaved since the peak is interesting to me. It can't even catch any short of a short-term bid after that very hot PPI print and Treasury yields at almost 20-year highs. It's also down about 14% since the Iran conflict began. It hasn't been able to rally further on what should be bullish news, which doesn't seem to portend higher prices.
 
#20,530
#20,530
kiddiedoc said:
I've been waiting for an "on sale" day with some free cash. What looks ripe?
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I don't know what your timeframe is (assuming this isn't stuff you're planning to hold onto forever for longer-term), but I'd look for stuff in established uptrends that gets beaten up but with the longer term trend still intact. We really aren't there yet if you want a true "on sale" day. The run since April has gotten so stretched that we could pull back almost 7% in the S&P and still be above the rising 50 DMA.

If you're bottom fishing, one stock that has been fairly constructive after a decline and looks like it is trying to put in some kind of longer-term bottom is MSFT. It's behaving very well today in a down market. IGV (software ETF) also looks interesting; on the daily chart it has put in a higher high and higher low on huge volume, which looks like classic accumulation.

The one from TGO's list that I think looks the best is MSTR. I think it might be time to start getting bullish on bitcoin again.
 
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#20,531
#20,531
05_never_again said:
I don't know what your timeframe is (assuming this isn't stuff you're planning to hold onto forever for longer-term), but I'd look for stuff in established uptrends that gets beaten up but with the longer term trend still intact. We really aren't there yet if you want a true "on sale" day. The run since April has gotten so stretched that we could pull back almost 7% in the S&P and still be above the rising 50 DMA.

If you're bottom fishing, one stock that has been fairly constructive after a decline and looks like it is trying to put in some kind of longer-term bottom is MSFT. It's behaving very well today in a down market. IGV (software ETF) also looks interesting; on the daily chart it has put in a higher high and higher low on huge volume, which looks like classic accumulation.

The one from TGO's list that I think looks the best is MSTR. I think it might be time to start getting bullish on bitcoin again.
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I have been buying more and more MSFT. I really can't imagine a scenario where it won't climb, maybe even quite a bit. Very undervalued for the last year or two.

I also have a sizeable position in MSTR. It is slowly recovering but could blast off if BTC goes on one of its traditional runs. As i understand it, MSTR grows (and drops) exponentially relative to BTC. It's a little too uncertain for me to feel comfortable investing much more there, for now.

I picked up a little DRAM, but I'll check that software ETF.

And I'm going to look at RH and HD.

Thanks, y'all.
 
#20,532
#20,532
kiddiedoc said:
I have been buying more and more MSFT. I really can't imagine a scenario where it won't climb, maybe even quite a bit. Very undervalued for the last year or two.

I also have a sizeable position in MSTR. It is slowly recovering but could blast off if BTC goes on one of its traditional runs. As i understand it, MSTR grows (and drops) exponentially relative to BTC. It's a little too uncertain for me to feel comfortable investing much more there, for now.

I picked up a little DRAM, but I'll check that software ETF.

And I'm going to look at RH and HD.

Thanks, y'all.
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I’m buying more MSFT today.

HD down 14% over the past 2 years and I’ve owned it for 40 years. I think there’s many more attractive places for new money right now
 
#20,537
#20,537
walkenvol said:
Hard to trust the narrative of it being a rat feces virus after the coronavirus fiasco. There’s been rats forever yet this virus just showed up? JMO
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No. Hantavirus outbreaks are not new, even in the US. I remember occasional outbreaks on the Navajo reservation in Arizona over the years. They just weren't blown out of proportion by the US press then.
 
#20,538
#20,538
Vol423 said:
No. Hantavirus outbreaks are not new, even in the US. I remember occasional outbreaks on the Navajo reservation in Arizona over the years. They just weren't blown out of proportion by the US press then.
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The virus is not transmitted efficiently between humans. It's also much more virulent = keeps people from just walking around with it and spreading it by casual contact (like what you see with typical colds, CV19, even flu).

It continually causes small outbreaks but would not lead to a large-scale pandemic without major mutations that completely change its "behavior."

On that note, do we know of any hantavirus research facilities that we have sent Academia to in recent history?
 
#20,539
#20,539
Vol423 said:
No. Hantavirus outbreaks are not new, even in the US. I remember occasional outbreaks on the Navajo reservation in Arizona over the years. They just weren't blown out of proportion by the US press then.
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It’s refreshing to see someone having faith in what they’ve read concerning human health and disease. Guess I’ve become completely cynical as I’ve lived through a lifetime of constant changes of what’s good for me to eat, which pharmaceutical is helpful one day and toxic the next, and finally the string of lies around the pandemic.
 
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#20,540
#20,540
walkenvol said:
It’s refreshing to see someone having faith in what they’ve read concerning human health and disease. Guess I’ve become completely cynical as I’ve lived through a lifetime of constant changes of what’s good for me to eat, which pharmaceutical is helpful one day and toxic the next, and finally the string of lies around the pandemic.
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I'm not talking about stuff I've read in the last 10-15 years. I live in AZ. I remember when these cases actually happened. I read today that there have been 384 reported cases of Hantavirus in the US.
 
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