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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: dospesos who wrote (10317)	9/2/2020 3:05:47 PM
From: Kirk ©	Respond to of 26875

I think you are right about the FED. The iH&S target for the 10-yr agrees.. I've played it a bit with BND at Fidelity and the index fund versions at Vanguard to add when rates are up locally with stock profits... it will give a hedge of sort and probably less downside risk than the managed "international growth" funds I've taken A LOT of profits in that are up over 30% YTD due to their belief that Tesla and Amazon are "international" companies worthy of the fund.... crazy....

To: dospesos who wrote (10317)	11/25/2020 10:02:53 AM
From: Kirk ©	Respond to of 26875

Hi 2pesos Stocks have continued to soar... I keep taking profits. You were right earlier this year that the Fed would drive rates towards zero. I think they have had the FF Rate at 0.09% for many weeks now. With a Yellin - Biden - Powell - Dem. House there is only a GOP senate keeping any sanity in the money printing so I get tempted to add to BND when the 10-year gets near resistance thinking the Fed will drive it down once we get some sort of stimulus package... Gold will also eventually be a buy... here at the 200-dma is interesting but I've learned to wait for a fat pitch as I've done so well I don't have to swing unless I want to... EVERYONE absolutely HATES cash... so I have a large pile of it that gets larger every time I take profits in stocks and I have my buy back points fairly conservative as the rise in my totals is unprecedented... simply amazing gains in stocks - makes me worry it will end badly but TINA is getting fatter and fatter feasting on money printing! Have a happy Thanksgiving!