Doing my monthly DCA into VWRA and BRK.A then chill as per usual.
Financial Markets Around World
- Thread starter 4Runner
- Start date
S&P 500 is churning with thin volume. Thursday is going to be the judgement day while the whole market is waiting NVDA report tomorrow. I don't remember if and when the whole US stock market hangs on edge waiting for a single company earnings report. I am neutral now. Technically my count SPY in B of ABC correction is still intact. But that count also hangs on balance. One thing I am pretty sure at the moment, on Thursday morning opening, S&P 500 will either gap up on blow-out report or gap down on selling-the-news. With Japanese Yen carry trade unwinding and Chinese bond carry trade unwinding, the dollar is also hanging on balance. Therefore, this is not my favorite moment of trading financial markets for personal gain, for the day of reckoning is coming and nobody has any clue what to expect afterward
That all being said, for long-term investors with dollar-cost-average like 401K account, this may be a short window of noises. For short-term traders, this is not very enjoyable
See you on Thursday ...
That all being said, for long-term investors with dollar-cost-average like 401K account, this may be a short window of noises. For short-term traders, this is not very enjoyable
See you on Thursday ...
PiSigma
"the engineer"
Brk is pretty awesome. I got in early on it and going to hold it forever. The other thing I hold forever is BTI, which got a 10% dividend. Literally don't care if it go up or down, just the dividend payout is worth it.
broadsword
Brigadier
I think Nvidia stock price should be alright.
Nah, it's way overvalued (Jensen also sold lol).
How much it will crash by is harder to say, but I say it's likely to fall by quite a lot in the next half year (might rebounce after the Fed releases the valves again though, but the dollar should crater as well then).
broadsword
Brigadier
My bad, I was thinking of a much shorter term.
I dunno about the very short term.
But in terms of 6ish months, my general look is very negative for US.
But in terms of 6ish months, my general look is very negative for US.
Well, with Berkshire's Price Book ratio at 1.6x I am cutting down on monthly dca amount. Usually I add more between 1.1-1.2x pb ratio.. hahaa just to be safe.
Other than that, also follow into the latest funding round for xAI.
