Mahomeless
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wow
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Misc Stock Market
- Thread starter ForsythSnow
- Start date
Kylo I’ve got about 15k sitting in savings that I just found out is only drawing 0.2%…fail…should I put it into a Money Market? Pros and cons?
Windergawx
Member
why not do t-bills at 5.40% think the 4 week auction and 8 week is tomorrow and the 3 month is mar 5th( diamondnestegg on youtube has some great videos on how to buy from the top brokers ie fidelity)
treasury direct has the i series bonds 5.27 locked for 6months and then falls to the current rate i believe atm 4%
we bought some back in the beginning of 2022 or 2023 rate was 9% then fell to 6% (i series are locked in for 1 yr and your limited to 10k per ss# in your household, and if you close before 5yrs they take back the last 3 months of interest)
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D
Deleted member 609
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Fidelity brokerage pays 5% right now on non invested cash (puts in SPAXX which is basically short term treasuries).
Discover savings pays 4% and did have a sign up bonus of like $250 if you deposited $15k (or something like that).
Thats where I have my cash but it isn't much better than a savings. The cash in my IRA sits in a money market mutual fund that yields 5%.
AMEX high yield savings has crossed my mind. FDIC insured too.
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That's where my investments are and yeah, 5% is nice. in fact I have completely changed my strategy with investing because of this. I used to invest primarily in QQQ and SPY and at any one point I would be 10-20% cash, sometime 0. But now I do TQQQ and XXXX, which is 3x and 4x leveraged but I only invest 1/3 and 1/4 of what I would usually invest and let the bulk of my cash earn 5% still.
Windergawx
Member
last yr with all 4 of us we made around 2k interest off the treasury bonds and maybe another 1k off the t bills.. not life changing but helps
D
Deleted member 609
Guest
Mine too. I moved from TD Ameritrade when I found out that Fidelity automatically invests your unused cash in short term treasuries.
You can hold cash secured puts (short) and still get paid the 5% too which is nice.
I did the same...I still have a small TD account that I almost never use, but have for options...I like the options gui better on TD. I probably should just close it as I don't like trading options anymore. In fact I got migrated to Schwab and haven't done any trades.
D
Deleted member 609
Guest
TD app was way better than Fidelity
Do that for 10 years and that's a car paid off.
Looking for a big swoosh down today...eventually, we will get a prolonged correction. Problem is everyone wants that...bulls and bears. So just how long does it last, assuming we even get one.
Mahomeless
Member
If INTC doesnt bounce here, its it big trouble....
Rejected right into the supply zone...volume void below too. So yeah, it looks to be in trouble.
Apple been dreadful all year...if we get a close below $180 the market going to be screwed. It can only fight this off for so long.
But, one positive is there is a nice demand zone in the mid $170's, but if that gives then it's back down to $150's. As a bull I would love to see Apple plummet to the $150's and take the Q/SPY with it so we can reset a lot of this. But, everyone wants that so we probably won't get it.
But, one positive is there is a nice demand zone in the mid $170's, but if that gives then it's back down to $150's. As a bull I would love to see Apple plummet to the $150's and take the Q/SPY with it so we can reset a lot of this. But, everyone wants that so we probably won't get it.
Windergawx
Member
nice quick swing on 
Bitcoin going crazy. I bought dated OTM MARA puts
Windergawx
Member
maybe that will drag up BAT coin
Coinbase crapping the bed with all the interest
MARA dumped about 10% an hour after I bought. Had I bought 0dte I prob could have cleared $25k
Nomanslandva
Member
PCE vs CI or PPI. Is there any reason we should not expect another bad number tomorrow? I don't trade but will increase cash occasionally when I get nervous. I just wish it did not feel like rolling dice so much.
Cleared about 30% on my April MARA puts from this afternoon. Not holding through earnings. Why didn’t I buy 0dte?? 
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Mara down 11% AH..should have held those poots 
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Deleted member 609
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Warren Buffet - “Always hold to the moon or broke. Don’t be a ----- and take profits.”Mara down 11% AH..should have held those poots
YOLO? I’m in
Added quite a bit of Apple at $178.15...this must be some forced selling going on that will end is my guess. Buffet is lightening up but it's his biggest holding. I am going to give it some room...stop at $175.7.
What happened to META from 2021 to end of 2022 is simply nuts...a drop of almost 80% and up over 460% since.
Below is the annual and q revenue over past 15 years. Nothing from those numbers should have caused this to go down 80%.
Below is the annual and q revenue over past 15 years. Nothing from those numbers should have caused this to go down 80%.
GeorgiaGirl
Member
The fact that the Nasdaq continues to put on this show with 0 from Apple is honestly wild.
I may have been completely mistaken to say that semiconductor stocks running would most likely be paired with everyone in big tech also doing well, as that really has not been the case so far. Only 2 big tech stocks have been doing well to begin 2024.
Do think this is probably at a breaking point though. Either Apple bounces or the Nasdaq tops soon (we're probably at a point for this option, because of the Nasdaq Composite having now officially wiped the 2022 bear market to join the NDX) and it drops at least 7%, with that leading to even more pain for everyone lagging hard.
I may have been completely mistaken to say that semiconductor stocks running would most likely be paired with everyone in big tech also doing well, as that really has not been the case so far. Only 2 big tech stocks have been doing well to begin 2024.
Do think this is probably at a breaking point though. Either Apple bounces or the Nasdaq tops soon (we're probably at a point for this option, because of the Nasdaq Composite having now officially wiped the 2022 bear market to join the NDX) and it drops at least 7%, with that leading to even more pain for everyone lagging hard.
NCSNOW
Member
Soon the elephant in the room will sit down. And when he does we are all gonna be the seat cushion.
www.cnbc.com
The U.S. national debt is rising by $1 trillion about every 100 days
The U.S. national debt is rising by $1 trillion about every 100 days
The nation's debt now stands at nearly $34.4 billion.
www.cnbc.com
Got stopped out of Apple...it's dead to me.
Apple tagged the 1.0 fib extension...I ain't touching it.
Lately I have been a day early on these bounce plays so obviously should waited to try today. It's a falling knife...only buy signal is the fib extension and that isn't everything.
Lately I have been a day early on these bounce plays so obviously should waited to try today. It's a falling knife...only buy signal is the fib extension and that isn't everything.
I've owned some CRWD ($140's) for a while now but earnings tomorrow and it's not cheap. I took off 1/2 of my shares this morning. If it jumps big on earnings then I will probably just close my position and wait to buy a pullback. If it plummets on earnings I will just hold my shares and be patient and let things settle and then add some back.
