Investment BS Thread - Stocks/Futures/Mutual Funds/Bonds/Commodities/Options/ETFs/401ks/Etc

Do you have any other mortgage REITs? I’m still sitting on ARI and CIM, neither has cut so far. I expect them both to soon.

 

Yea, I have ARI and bxmt. Bought both about the same time as ladr just hoping one could maintain dividend.

 

Sitting up about 1.50 a share on Ladr and ARI and about 4 up on bxmt. So getting out isn’t too bad, other than money could have gotten into more secure dividend stocks when they were down or had better returns in general other places. Oh well

 

I had a cost basis of $15-$20 on each of the 4 mortgage REITs I held. All I wanted was the dividend. Lesson learned I guess.

 

Yea, I didn’t get into any of those until March or April. Also had IVR for 2.60, and they actually went through with .50 div last week, and then I bailed. Some of these need to cut and didn’t. Others probably didn’t need to but took the opportunity with covid kind of providing cover. It’s been about strengthening my positions in the ones that won’t cut for the last few weeks now.

 

That gets its info from what was entered into the ship's AIS. There is no requirement for a ship to enter a destination into their AIS, nor is there a requirement for the destination to be accurate I asked earlier if anyone has a list of vessel names, I'm still catching up on today's stuff as I've been at the beach. I've seen a lot of articles where the "reporters" are "tracking" the ships but, except for one ship, they haven't provided any lists of names.

Also, keep in mind that most of the free AIS programs out there rely on shoreside receivers. You can subscribe to some services (such as Marine Traffic) that will allow you access to information received from satellite. If the ship is outside the range of a shore based receiver then it's a no-show or it shows up as a generic "Tanker" or "Cargo" but no further information.

 

Pretty sure that news conference on China tomorrow will do a number in the markets. Anyone know what time that’s being held?

 

I haven't seen the time announced yet. Trumps smart enough to wait until market close to do it so I'm gonna guess 5pm EST. That'll give the market a weekend to digest the news and hopefully not overreact. Although I'm pretty sure my BABA calls are officially fucked. lol

 

When the market gets hot like this, I think he has more leeway to cause a few percent drop. He will make a point that he doesn’t care about the markets, but I think only when it’s up enough to be ok. I remember that game during the trade war.

 

For sure. I don't remember any other president that could make a tweet and cause a big market gain or loss. He's done it a lot. I've been saying for 4 years that someone needs to take his Twitter account away.

 

I mean, unless he announces a great trade deal and that China has agreed to leave Hong Kong alone, yea, your BABA calls don’t look promising. But hey, you never know

 

Cant we just wait until we have medicine and mask manufacturing back onshore, or at least in this hemisphere before we start a pissing match with China? I would love to get back to some path to normalcy here and starting a trade cold war is not the right move right now IMO. Call me dumb, but isnt pissing off your largest debt holder while in a full on money printing spree a bad move? I mean this is like me telling my parents their spending habits are shitty while I was living at home with no job while they paid for evreything.

Market wise I got this way wrong, then again im used to a normal stock market correction where the Fed isnt on a buying spree.

 

Unfortunately the PRC isn't willing to wait and is in the process of taking over HK.

As a career soldier I'd prefer zero conflicts, but the world and those who wish to control and oppress everyone, doesn't work that way.

 

OK so if we think that China is going to take a fist in the cloaca after the market tomorrow I am thinking that $YINN puts and $YANG calls or just straight out buying some Yang might be a good way to take advantage.

 

I like your thinking.

 

so just looked at Yang ...not a bad place to park 5 grand or so as a hedge, considering 10 yrs ago was worth over 6k a share. If market tanks could turn that 5k into 700 k

..so its high was jan to feb 2010 ...the slow rebound period after the whole housing fiasco ...not sure it could skyrocket to that level again, wasn't the ipo crazy high ?

 

High risk, High reward basically. If I had an "extra" 1k sitting around, I'd probably be playing a lot of these bets. But, I just don't right now, I don't have that wiggle room. I'll take a "guaranteed" 5ish% with some okay dividends long term over a maybe massive return (but unlikely) alongside the high chance of basically nothing. Looks like it peaked in March. Maybe in about 7 years or so I'll (a) have the funds and (b) will take a shot at it expecting a 10 year cycle (or similar stonks, depending what our world looks like in 7 years).

 

The BEAR etf's don't generally work like this. The stock had a 1:10 reverse split 3/29/18 so the share price in the past isn't reflective of that kind of gains in the future. It like the share price today being $3 and in 2016 28. It's the same ratio but those reverse splits will kill you. You really would want to be in and out in a few days on an ETF like this...Say you bought in today with $$ you can afford to risk losing a LOT!!!! fast. It's a 3x etf. If the Chinese market swings up 3% you're LOSING 9% or $500 in a day. There is also something called decay where if there are multiple up days (of the opposite fund) you are losing at a really fast rate. I bought 100 shares of SPXS (3x BEAR S&P 500) on 3/26ish for $16....I watched it go down and down and down...because the market will pretty much always win. I got out at $10 when I decided that the market is just too strong. Don't invest long term in BEAR funds...get out on a positive day...and don't suffer back to back 3x negative days. This would be something to buy today and do the biggest gamble in the market, hold a BEAR etf over the weekend. Trump gives an anit-china speech, the FTSE China A50 Index drops 4% and you make 12% and get out...

 

Oil companies are down premarket today. NRGU may drop below $4, so it's a good time to add, if desired.

 

If it does I might dip a toe in. Feeling left out