The Philosophical Porch | Pastime Discussion Forums

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes The Philosophical Porch

Previous 10 Next 10

To: Real Man who wrote (23055)	8/5/2024 8:54:05 AM
From: Rarebird	of 26251

You are right about that. No shorts. But this can accelerate tremendously as the session goes on. Some traders will be jumping off the roof tops.

Share	RecommendKeepReply Mark as Last Read Read Replies (1)

To: Real Man who wrote (23055)	8/5/2024 8:57:22 AM
From: Rarebird	of 26251

I sure hope Powell isn't stupid enough to do an emergency rate cut today. It will make things worse and I put in a couple of big orders for T-Bills yesterday.

Share	RecommendKeepReply Mark as Last Read

To: Rarebird who wrote (23057)	8/5/2024 9:13:50 AM
From: Real Man	of 26251

Agg is up slightly pre market. Curious if AAA corporate bonds can hold up. The bond fund was not hit in 2008-2011 GFC.

Share	RecommendKeepReply Mark as Last Read Read Replies (1)

To: Real Man who wrote (23059)	8/5/2024 9:15:55 AM
From: Rarebird	of 26251

Premarket JAAA is down .22%

Share	RecommendKeepReply Mark as Last Read Read Replies (1)

To: Rarebird who wrote (23060)	8/5/2024 9:23:56 AM
From: Real Man	of 26251

Owning puts over the weekend would be nice, vix gone crazy.

Share	RecommendKeepReply Mark as Last Read Read Replies (1)

To: Real Man who wrote (23061)	8/5/2024 10:26:38 AM
From: Rarebird	of 26251

Sold my complete stake in TLT.

Share	RecommendKeepReply Mark as Last Read Read Replies (2)

To: Rarebird who wrote (23062)	8/5/2024 10:45:45 AM
From: Real Man	of 26251

Going into T-bills or BTD on something?

Share	RecommendKeepReply Mark as Last Read Read Replies (2)

To: Real Man who wrote (23063)	8/5/2024 11:20:16 AM
From: Rarebird	of 26251

I put an order in for 6 months T-Bills last night.

Share	RecommendKeepReply Mark as Last Read

To: Real Man who wrote (23063)	8/5/2024 11:24:51 AM
From: Rarebird	of 26251

I'm afraid this decline is just the tip of the iceberg as long as the Japanese Yen continues to rally. Leverage in the system was built on the Yen carry trade; now this trade is reversing. Plus, the 2 and 10 year are about to un-invert. I agree with you there will be bounces, but they will now be met with selling the next day if not sooner. Lowering rates will only exacerbate the situation. I sold off a little more than half of my remaining portfolio this morning. People can say what they want, but I think we are in the early innings of this reverse carry trade and its implications.

Share	RecommendKeepReply Mark as Last Read Read Replies (1)

To: Rarebird who wrote (23035)	8/5/2024 1:08:49 PM
From: Investor2	of 26251

26-week T-Bill interest rate was quite a bit lower than my previous purchases. ------- Term: 26-Week High Rate: 4.700% Investment Rate: 4.881% Price: $97.623889 Allotted at High: 97.35% Total Tendered: $192,536,093,100 Total Accepted: $75,615,418,100 Issue Date: 08/08/2024 Maturity Date: 02/06/2025 CUSIP: 912797MJ3 Equivalent coupon-issue yield

Share	RecommendKeepReply Mark as Last Read