• ODT Gun Show & Swap Meet - May 4, 2024! - Click here for info

That inverted yield curve though... How's your portfolio taking it?

My retirement portfolio has taken a beating after being up just a few weeks ago. I did however flip a quick profit in my play account on that $SPY dip a few minutes ago. Seems to have slowed the drop though. Bought $283 Puts when it was at $285 around lunch time, sold when it dropped to $282.67. I play around with options from time to time but overall I usually just break even.
 
Great, been out of the market for a few years now. Stocks need about a 50% correction IMO.
 
I think the MSM is trying it’s best to talk down the markets and spread fears of a recession in order to try and tank the economy going into the 2020 election.

If the MSM can get into the average voter’s head, who doesn’t understand basic economics, that the sky is falling and they hold back spending during the 2019 holiday season it will become a self-fufilling prophesy so the 2020 first quarter retail earnings will be low and can be used against Trump.

The dems, Rinos and libs will throw this country in the dumpster if it means getting rid of Trump.
My feelings about Schumer and his clapping about Trump's China tariffs, hoping they tank the economy before the election..
 
It’s all just noise. Nothing else points to a recession so I’m not worried about one. Ignore the noise and stay the course.
 
tenor.gif
 
Back
Top Bottom