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reminds me of "cash for clunkers" love the tax payers $$ > dealer got the funds
now it is the ev debacle > love tax payers $$ >
Yes, both added to about $10K. The point a lot of people miss is that are tax credits, not an actual rebate.
Also did they have some state / fed kick backs in the mix ?
I totally missed that too, but glad. Got my daughter in town from MA. We got our BarBQ shoes on!!
Doing a little brisketteering.
Tomorrow we do the homemade ice cream and hamburger hotdog thing
No interest in investing in solar industry. It's dying at least in AZ and CA. Several companies have gone bankrupt and left customers with no customer service, repairs or anything. System panels are out and nobody to repair, but of course they are under "warranty". They have no idea what to do. Big issue here in Phoenix.
They wanted $35K over 25 years so I could save $30 a month. I spend double that on happy hour each week. One of the cheapest expenses in my life. And people are falling for the scam. $6-10K to remove and replace panels if you need to work on the roof.
Look at a 5-year chart and see if you still like it.
#natgas still looking grim but found this channel that does really good ANALysis...I'm wondering if today's low was bottom...tomorrow half day then Friday is vacay day for big boys...so we will see Monday maybe for confirmation...but I like to get in early once I see a reversal happen...
ya, tanx...just waiting for a breakdown...well hoping for a breakdown...there's 2 ways of looking at the IWM chart...
Well there you go, I forgot about the early close. Thanks
wed >
Futs
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Wednesday, July 3
12:15 pm CT: Early Close (Wednesday Trade Date)
5:00 pm CT: Reopen (Friday Trade Date)
Thursday, July 4
12:00 noon CT: Trading Halt
5:00 pm CT: Reopen
Friday, July 5
4:00 pm CT: Regular Close
Wow, what a day for the market. What happened????? Things are sure going Trumps way, does the market like that?
Not betting on this being a long term thing, but I will take what I can get while the getting is good.
Approaching the 200ma from either direction is often a level or support, or a barrier. I did not mean to suggest this was an absolute tradable indicator. You/I will be using a collective of TA indicators to base trading decisions.
I failed to put this on watch list. My lateness getting in will reduce the amount of gain I may achieve. Thanks again for the reminder. GLTY
Ah yeah. I am starting early.
I didn't think tomorrow was a holiday. Thur is the fourth.
Hope it work out well for you. You do realize that the 200 ma is 18% from where prices are now and 26% from where I got in. At that point there is a very good change the cycle will be over, but hitting the 200ma will certainly not trigger me to do anything. I am using much better TA's.
Well played. I had forgotten your post. I put together a chart just now and liked it so much I just bought in myself. TY
I would expect the 200ma to be resistance, and a bounce back from it as occurred in mid May. This would be a place to take profits, then watch for a new entry to present itself. GLTY
Have a safe holiday tomorrow !
Went long in my Sm Acc just before 10am, 100% each for TQQQ and FNGU. FNGU is killing it almost up double TQQQ. Up 1.8% in account so far, will not let all of this get away if market turns.
I was just reading a report with lots of charts and one of them was the number of ATH's by year. So far for 2024 SPY has had 70. Okay that sounds good, but 2023 had zero. Turns out QQQ did not make any new highs in 2023 either.
That is pretty amazing since SPY was up 26.2% for 2023 and QQQ up 54.8%. That just tells you how brutal 2022 was.
Just a little useless fact, except to remind that riding the market down is not near as much fun as riding it up.
Japan is a canary-in-a-coal-mine. Their predicament seems to be snowballing to a resolution that will cause $USD to move up.
Another Jenga piece removed from the tower...
https://realinvestmentadvice.com/will-japan-dump-u-s-treasury-securities/
Understand, thanks.
The CY or current yield I treat as a snapshot and yes it doesnt take in acct price changes. That is where the 3mo rolling ave comes in. The change in price is added or subtracted from div to get the real return.
If there is a 25c dividend and prices goes down 10c then only 15c is made and is factored in the 3mo return. The CY is only there as a secondary reading.
The 3mo ave is what I focus on. Plus looking at the various SC time spans.
Now looking at my spread sheet there is no reason why I cant add/subtract price to CY rate calculation to make total return. Should smooth it out some.
The reason for the first method is that is the same as how a stock dividend current yield that is reported is figured. AT&T or T, today has a div yld of 5.85%(Yahoo) that is what my CY is comparing to.
I have my ratio charts set up also, but the graph that I posted the other day really tells the story.
Here is an idea that may simplify your analysis process.
Using Stockcharts, two equities can be compared to each other. I created a chart that contains only the 12pmo and the 34pmo, and using this, compared two of the five you are studying.
https://stockcharts.com/h-sc/ui?s=BIL%3AFLOT&p=D&yr=0&mn=0&dy=10&id=p64886580564
I added 'price labels' to the green 12pmo to mark 'relative' tops and bottoms.
You can then set up a list of all the possible pairing combinations and scroll through them once or twice a month to identify trends.
I took this a step further and placed them into a PowerPoint matrix format to make this comparison even simpler.
Unfortunately, StockCharts does not have any money market funds available to chart. Any ticker with the last two alpha characters being xx is not available on StockCharts. :(
GLTY
First of all I mistook your CY to mean current year, not current yield.
Now I understand what you are doing, but you are leaving out part of the actual gain of the etf not having to do with dividends. When they pay the interest they don't bring the price of the etf back to what it was 1 month ago, so there is gain or loss there also.
Not taking into account the dividends, the absolute price (without dividends) of the eft has risen from 50.64 from 12/29 to 50.865 yday. That is a .44% rise that needs to be accounted for. The yield from dividends would be on top of this.
It is just like calculating the gain for a stock that pays dividend. The dividend is only part of the gain. The difference is that for stocks, the dividend is a small part of the overall gain whereas for a MM etf the dividend is the biggest part, but not all.
I would think that the yield you calculated for Jul1 dividend would be over stating the actual yield for Jun, because they over paid the dividend and brought the price of the eft down from what it was when the dividend was paid a month earlier. This is a real loss for your account.
keeps on a going down, still waiting. I underestimated the KOLD target for sure. The lower it goes gives us that much more room for BOIL to move up.
We figure differently. I use the closing price of the exdiv date. All the ETFs except GSY that would be the 1st of month or if 1st is on weekend then 1st trading day.
GSY's Exdiv is the Monday following the third Friday of each month. My figures are all simple math .... no compounding.
CY=Current Yield= div/closing price*12
3mo=last 3 months of dividends plus the price change over 3 months *4 to get annual rate.
I dont have an YTD figure. 5.88% was CY. Div0.249398/50.86*12=5.88
The current yield is a good indicator of trend. If CY is less than 3mo rolling then rolling ave will most likely drop or keep dropping.
I used to do a 4 month rolling ave but switched to 3mo which I believe more in tune to what current payout is.
Before making a decision on ETF, I like to use SC and compare all 6 ETFs 3m,2m,1m,2w,1w
CMA compare
Weekly timeframe charts give a wider perspective. A daily time frame fits my trading style well.
The daily IWM chart continues to show the price action trendless and clustering around the 50 yard line. The 50ma. The chart is now showing the Bollinger bands are turning inward and tightening. Another trendless indicator. The 9ma and the 20ma are tight to the 50ma, and the 12pmo and 34pmo are tight to the 0.0 line too. No reason to leave the sidelines yet. Sit out and watch/wait for a trend to develop. GLTY
I found a cool $RUT weekly chart but I don't know how helpful it is...https://x.com/VictoriaViorela/status/1807780945430221103/photo/1
You might want to check your numbers or tell me how you got your number. Our numbers are way off for FLOT. For YTD you have 5.88% and I had 7.04%
FLOT began the year adjusted for dividends at 49.38 and ended Fri at 51.085. This is for 12/29/23 to 6/28/24. The numbers have now changed with today's dividend, but the result is almost the same.
This is a gain of 3.4528% for 182 days.
Just doing simple math of 3.4528%*365/182 gets 6.92%.
If I account for compounding I get 7.04%.
Interest+1 per day= 1.034528 ^ (1/182)
Compound for the year = (Interest+1 per day)^365 - 1
Here are my numbers. We calculate a little different so #s wont match. No matter, it is the comparison between the ETFs that count.
ETF 3mo CY
FLOT 6.27% 5.88%
TFLO 5.35 5.19
SGOV 5.29 5.25
BIL 5.18 5.15
GSY 6.32 5.49
MINT 5.65 5.27
Out of the three "sweep acct" ETFs TFLO SGOV BIL im liking SGOV and will transition any TFLO into SGOV as I trade.
I will keep FLOT as my non-sweep cash ETF i my trading acct.
Below chart shows last 10days compare. This includes the last div payout.
insert-text-here
For the first time this year the monthly APR for FLOT and TFLO have fallen below SGOV.
However, the graph below is what I am watching for FLOT. The blue line is a 30day moving APR and the orange an 8-day MA. I drew a red trend line on the graph, and I think that tells the story. The trend is down, and I have now real reason to believe it is going to make a major move back up. With SGOV and FLOT running about the same, even if FLOT went back up and I wanted to get back in, the lost interest would be small compared to the extra that I gained.
So next week I will start moving my FLOT holdings over to SGOV.
Note: The spikes and dips of the 30 days moving APR is because I really don't have a way to get the actual 30 day data since the market is not open on the weekends. I picked the number of data points to include that gave me the best avg of 30 days. The actual 30 day period can range from 29 days (dips) to 33 days (peaks). But the trend in clear.
#natgas going into over sold territory...bottom next week maybe...$BOIL options are calling me...
well $RUT hasn't gone down as I expected but still time to fall some more...I can look at it both ways as if there's a reversal in store or a channel down and today was a lower high...love to see a lower low next week...
Another month and quarter done. I keep thinking we are about to roll over and then another ATH gets posted.
Close up 'yer books!
End of month, end of quarter, end of first half today.
NVDA end-of-quarter window dressing this week, ...and insiders selling at highest rate ever the past 2-3 weeks.
https://www.fool.com/investing/2024/06/24/nvidia-insiders-are-selling-is-this-a-warning-sign/
Second half will likely be very different from the first. GLTY
I realize that, I was just speculating for near term like July...LCID $3 options can be extremely profitable but extremely high risk...
Nope >
Run away >
Worse news for Lucid, absent a bigger partner, the company is in some serious financial straits
Its $4 billion in cash won't last long at Lucid's current burn rate of more than $3 billion a year.
In fact, with $2.4 billion in debt on its balance sheet,
Lucid could be in a net debt position as little as six months from now.
$LCID looks like a buy after it fills the gap...
#natgas is looking like its oversold...reversal should be soon...my target for $KOLD was 50...getting close...and there's an example of decay...NG had a higher high in May than June but not by much, less than a penny...BUT $BOIL high was 1 dollar higher in May than June...
I will have to see what happens Monday for IWM...I anticipated a lower low by now...
16:07 In uvxy 100 @ 23.10 > try it again
Just going to wait it out for next BOIL signal. Going to be some power burn this summer.
When these things come online, they will be able to pull good amounts of gas from us.
Block pop-up ads http://www.adfender.com/
Dividends http://www.nasdaq.com/symbol/spy/dividend-history
Three X ETF's http://www.3xetf.com/ETF_List
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