It's been a while since we talked about this crappy stock.
Currently, the trend of TLT is very subtle. Although it may not plummet immediately, it's moving very dangerously. The price is below all short-term moving averages, and the moving averages are gradually forming a bearish trend. If the situation cannot be turned around in the near future, there may be a terrible decline. However, I don't think it will fall to last year's low point.
And it may affect the stock market. After all, the stock market urgently needs a pullback.
I have already cleared my TLT positions in my bond account. Currently, I hold two ETFs, and the remaining funds are in my brokerage account, automatically buying money market funds for interest.
These two ETFs have relatively high dividend yields, so holding them doesn't create much pressure.
Let's see if tomorrow's CPI will be a surprise or a shock. Anyway, I am very unhappy about the recent rise in oil prices. Although the one I hold has been soaring, I don't like this kind of market. $Energy Select Sector SPDR Fund (XLE.US)$ The price of gold continues to rise. As for speculative traders, I won't say much. It's fine for short-term trading, but I don't understand it so I won't touch it. For investors, holding gold is definitely not as good as holding US dollar assets. Indeed, day trading gold can make money, but from a long-term perspective, it is not as good as US stocks, not even as good as US bonds, let alone Bitcoin. Some people say that if there is no internet, Bitcoin is worth zero. I just want to say, if there is no internet, do we have to personally go to the NYSE trading floor to queue up to buy and sell stocks?
The price of gold continues to rise. Let's not talk about speculative traders, short-term trading is fine, but I don't understand it so I won't touch it. For investors, holding gold is definitely not as good as holding US dollar assets. Short-term trading gold can indeed make money, but in the long run, it is not only inferior to US stocks, but even inferior to US bonds, not to mention bitcoin. Some people say, if there is no internet, bitcoin will go to zero. I just want to say, if there is no internet, do you have to personally go to the NYSE trading floor to queue up to buy and sell stocks?
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wangcaifan : I have tlt
高贵的阿德莱德 OP wangcaifan : If tomorrow's CPI exceeds expectations again and does not continue to decline year over year, then TLT may be more dangerous. In turn, if it falls short of expectations, there will be a wave of rebound. Today's market is highly sensitive to data
wangcaifan : Then I'm selling half of it today
70965051 : Stocks are ever-changing, and you need to know that sows can grow on trees
wangcaifan 70965051 : 🥹🥹🫡
高贵的阿德莱德 OP wangcaifan : Everyone has different strategies, different positions, and different past experiences. More than a month ago, on February 28, UNH fell below all short-term moving averages. I was still foolishly scavenging at the time, then discovered something wasn't right. After not pulling it back for several days, I quickly ran away. There are still lingering feelings at this point, so I am very wary of this trend.
wangcaifan : Moderator, who is accurate when it comes to stocks? It's all a matter of luck. I bought and sold with you or made a profit,
wangcaifan 高贵的阿德莱德 OP : I've sold half of it
wangcaifan 高贵的阿德莱德 OP : I remember one time when you reminded me that I sold Tesla, and I hesitated not to go with it at the time It would be great if I sold half of it
高贵的阿德莱德 OP wangcaifan : I don't recommend following anyone, but you can listen more and see why others are making such judgments, and then think for yourself. Regardless of the profit or loss of a trade, you need to think about why this kind of result occurred. But today's CPI is really I sold TLT yesterday and got away with it