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Re: bigworld post# 735

Thursday, 05/05/2022 1:27:10 PM

Thursday, May 05, 2022 1:27:10 PM

Post# of 2589
Bigworld, Yes, a wild/crazy day. Nice going with TBT though. With the metals, I noticed there's a huge disconnect between the ETFs and the spot prices. People appear to be dumping the ETFs, but the metals are hanging in there. But miners and other commodity plays aren't looking too hot.

I still have that 2% allocation in the S+P 500. It isn't very much money, so I'll probably just hope for a bounce back and then decide what to do. I'm using the ETF (SPY), and got in yesterday at 419. It's currently at 414, so not a big deal either way. But it did reach 425 yesterday. The Feb/Mar lows are still holding for the S+P 500 and DJIA, so I won't panic unless that level breaks.

Fwiw, I picked up a few more 1-2 year Treasuries today to get the nice yields, and to fill out my short term bond ladder. I noticed the longer term Treasury yields rose after the Fed meeting, and the shorter term yields fell somewhat, so the yield curved widened. Not sure how significant that is, but 2.5-2.7% seems pretty good for a 1.5-2 yr Treasury.



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