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Search: Posts Made By: Rex Phinney
Forum: Off Topic - Trading The Financial Markets 09-28-2022, 03:54 PM
Replies: 4,468
Views: 506,456
Posted By Rex Phinney
Have you been making any moves lately? I mean...

Have you been making any moves lately? I mean it's easier for us long termers (supposedly), we just wipe our tears and buy more like dumbasses but what s the short termer doing?
Forum: Off Topic - Trading The Financial Markets 09-28-2022, 12:51 PM
Replies: 4,468
Views: 506,456
Posted By Rex Phinney
And people wonder how the market ends up...

And people wonder how the market ends up oversold...
Forum: Off Topic - Trading The Financial Markets 09-27-2022, 06:04 PM
Replies: 4,468
Views: 506,456
Posted By Rex Phinney
This one has been going down for 9 months. ...

This one has been going down for 9 months.


Mutual funds today hit the highest levels of cash they have ever held. What does that tell me? It tells me that once this market feels like the end of...
Forum: Off Topic - Trading The Financial Markets 09-26-2022, 05:25 PM
Replies: 4,468
Views: 506,456
Posted By Rex Phinney
The SPY price you quoted is about 15% down from...

The SPY price you quoted is about 15% down from here. I find that to be totally believable & reasonable. The only thing I'm unsure of is does it go there by year end or does it get some bounces...
Forum: Off Topic - Trading The Financial Markets 09-26-2022, 02:58 PM
Replies: 4,468
Views: 506,456
Posted By Rex Phinney
True. But I would add that SCHD has...

True.


But I would add that SCHD has averaged 12% increase to it's payout over the last 11 years. So whatever you're getting this year you'll get more next year, then more the year after that...
Forum: Off Topic - Trading The Financial Markets 09-26-2022, 12:13 PM
Replies: 4,468
Views: 506,456
Posted By Rex Phinney
The total lack of enthusiasm from any buyers is a...

The total lack of enthusiasm from any buyers is a noticeable shift from a couple months prior. Seems like the Fed might have finally landed a message to even the most optimistic of investors.


I...
Forum: Off Topic - Trading The Financial Markets 09-25-2022, 10:57 AM
Replies: 4,468
Views: 506,456
Posted By Rex Phinney
No one here is saying there is no risk in the...

No one here is saying there is no risk in the market or that things can’t go down from here, why do you keep insisting that’s everyone’s train of thought?

The fact of the matter is from a dividend...
Forum: Off Topic - Trading The Financial Markets 09-25-2022, 01:55 AM
Replies: 4,468
Views: 506,456
Posted By Rex Phinney
I’ll take the cheaper shares over the first...

I’ll take the cheaper shares over the first dividend every time. Waiting an extra quarter for the first dividend is no big deal, the cheaper shares make us more money forever.

SCHD is really the...
Forum: Off Topic - Trading The Financial Markets 09-25-2022, 01:50 AM
Replies: 4,468
Views: 506,456
Posted By Rex Phinney
How do you define “safe”? If you want...

How do you define “safe”?

If you want something to buy today and sell tomorrow then yea things can go sideways right now.

If you want something to buy now, get paid an actual portion of real...
Forum: Off Topic - Trading The Financial Markets 09-23-2022, 05:35 PM
Replies: 4,468
Views: 506,456
Posted By Rex Phinney
I doubt we will see a significant uptrend for a...

I doubt we will see a significant uptrend for a while, but I try to never bank on being right, so I'm fine with buying some up at these prices.
Forum: Off Topic - Trading The Financial Markets 09-23-2022, 04:18 PM
Replies: 4,468
Views: 506,456
Posted By Rex Phinney
My biggest angle is as a dividend/ dividend...

My biggest angle is as a dividend/ dividend growth investor. The lower the prices go the better the dividend yields are, so once a stock or fund gets low enough that I like the dividend it is paying...
Forum: Off Topic - Trading The Financial Markets 09-23-2022, 04:05 PM
Replies: 4,468
Views: 506,456
Posted By Rex Phinney
Yeah, all the people who are selling right now.

Yeah, all the people who are selling right now.
Forum: Off Topic - Trading The Financial Markets 09-23-2022, 02:46 PM
Replies: 4,468
Views: 506,456
Posted By Rex Phinney
This is all interest rate driven, how long do you...

This is all interest rate driven, how long do you think interest rates will rise?


The fed has to be getting close to one of two things, either the economy starts to struggle or inflation starts...
Forum: Off Topic - Trading The Financial Markets 09-23-2022, 10:05 AM
Replies: 4,468
Views: 506,456
Posted By Rex Phinney
Also, on my watch list there is only one in the...

Also, on my watch list there is only one in the green today.

McDonald’s

I believe we discussed this one before
Forum: Off Topic - Trading The Financial Markets 09-23-2022, 10:01 AM
Replies: 4,468
Views: 506,456
Posted By Rex Phinney
There is absolutely no way the S&P is going to...

There is absolutely no way the S&P is going to 1,100 or 600.

3,000 is the lowest I’ve heard anyone I trust mention, but I don’t think we will get there.

Anyone who hasn’t sold yet is probably...
Forum: Off Topic - Trading The Financial Markets 09-21-2022, 06:58 PM
Replies: 4,468
Views: 506,456
Posted By Rex Phinney
Futures look like the pain will continue :coffee:...

Futures look like the pain will continue :coffee:


If you scope out the Bond market after the presser today, the traders over there don't buy that the Fed can go through with it's hikes as laid...
Forum: Off Topic - Trading The Financial Markets 09-21-2022, 06:49 PM
Replies: 4,468
Views: 506,456
Posted By Rex Phinney
On the DOW maybe, the S&P has 10%+ to go before...

On the DOW maybe, the S&P has 10%+ to go before it hits pre COVID levels.


If anything that's a scary reality check, many would say that the COVID bump in stocks was totally a fluke and...
Forum: Off Topic - Trading The Financial Markets 09-21-2022, 03:41 PM
Replies: 4,468
Views: 506,456
Posted By Rex Phinney
At some point we have to move past what the fed...

At some point we have to move past what the fed is doing and look a little further forward to what the economy is going to look like the next 24 months or so.


The fed is not going to raise rates...
Forum: Off Topic - Trading The Financial Markets 09-19-2022, 01:23 PM
Replies: 4,468
Views: 506,456
Posted By Rex Phinney
Sadly they don't ring a bell when the market...

Sadly they don't ring a bell when the market bottoms.


The market has basically been in the red for the better part of 9 months now, and just about anything an investor wants to buy is off 20%....
Forum: Off Topic - Trading The Financial Markets 09-15-2022, 05:30 PM
Replies: 4,468
Views: 506,456
Posted By Rex Phinney
Fedex has pulled all current year guidance and...

Fedex has pulled all current year guidance and emphatically said that global shipping demand is falling rapidly.



Inflation will still be a problem 365 days from now. It's entrenched in...
Forum: Off Topic - Trading The Financial Markets 09-14-2022, 12:51 PM
Replies: 4,468
Views: 506,456
Posted By Rex Phinney
The market seems to think it can just somehow...

The market seems to think it can just somehow bypass the bad parts of a recession and just skip right to the recovery part.


Unemployment has to rise in order to fix inflation, as long as the...
Forum: Off Topic - Trading The Financial Markets 08-17-2022, 12:35 PM
Replies: 4,468
Views: 506,456
Posted By Rex Phinney
It's a very weird market right now. I suppose...

It's a very weird market right now. I suppose traders think the market got too oversold, but that is kind of hard to justify in a 4 month period where the Fed raised rates 2.5 basis points.


It...
Forum: Off Topic - Trading The Financial Markets 08-09-2022, 07:09 PM
Replies: 4,468
Views: 506,456
Posted By Rex Phinney
You have to ask yourself the question of how much...

You have to ask yourself the question of how much meat is going to be left on the bone after the utility companies take their cut.


Replace big oil with utility companies and you essentially have...
Forum: Off Topic - General 08-08-2022, 08:07 PM
Replies: 287
Views: 8,058
Posted By Rex Phinney
Dems mid-term strategy confirmed.

Dems mid-term strategy confirmed.
Forum: Off Topic - Trading The Financial Markets 08-04-2022, 03:46 PM
Replies: 4,468
Views: 506,456
Posted By Rex Phinney
I feel like this is a good time to remind the...

I feel like this is a good time to remind the market that the Fed has to raise interest rates until it breaks something.


Earnings, jobs and housing are all telling us nothing is broken. If...
Showing results 1 to 25 of 500

 
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