Falling Knives!

[VAmanBulls]

Knives are a falling all over the place. Use extreme caution. Don't like what I see.

[jimcasada]

I'm still in G-fund. We've been traveling around Europe the last few weeks (kind of out of the loop of what the markets are doing). Visited Normandy beach today, where my dad landed in 1944.

[PhilJohn]

I'm still in G-fund. We've been traveling around Europe the last few weeks (kind of out of the loop of what the markets are doing). Visited Normandy beach today, where my dad landed in 1944.

Thats cool. My wife and oldest son will be visiting Normandy, France, and London in June. I would have enjoyed Normandy since I am/ was a Marine, but gotta pay the bills.

looks like I pulled into G just in time. Might get ugly.

[Bubba]

I'm still in G-fund. We've been traveling around Europe the last few weeks (kind of out of the loop of what the markets are doing). Visited Normandy beach today, where my dad landed in 1944.

I went to Normandy last year. One of the best trips ever. Don't forget to also investigate William the Conqueror. His achievements were nothing short of amazing. Obviously you need to see the beaches, etc.

Yes, I've been in the G fund since the middle of last year and went into the market from time to time under targeted dates. I'm still projecting more nastiness this year. I think we'll see the real fireworks Q3, but who knows?

Good luck!

[mrwawa]

Curious why you think Q3 may be bad? I'm of the same mindset, but more feelings than data driven. OpenAI kind of scares me, that's probably it

[12squared]

Curious why you think Q3 may be bad? I'm of the same mindset, but more feelings than data driven. OpenAI kind of scares me, that's probably it

pre-election shenanigans?

[Bubba]

Curious why you think Q3 may be bad? I'm of the same mindset, but more feelings than data driven. OpenAI kind of scares me, that's probably it

In a midterm year, usually August and September are the worst months of the year. In fact, they're usually the worst of the entire election cycle. Right behind them are usually May and June of midterm years, although typically not as bad. Those are seasonal things. We'll see how/if that happens this year. Given how 2018 went, I wouldn't put it past. Not to mention the 3 month and 10 year finally uninverted, unemployment is increasing and the gold:lumber ratio has gone down by over half since last year. Usually all of those say something big will happen sooner than later. Given that we're in a midterm year (which is also typically the worst of all 4 election cycles...we'll see. As always, I hope for the best.

[BelieveGod]

I'm still in G-fund. We've been traveling around Europe the last few weeks (kind of out of the loop of what the markets are doing). Visited Normandy beach today, where my dad landed in 1944.

My Father landed at Normandy too. He would never talk of it.

[jimcasada]

My dad landed on Omaha beach, which was the worst, but he landed later on driving half-track (after things were more under control). I think the Battle of the Bulge got to him more than anything else.

[Bubba]

My dad landed on Omaha beach, which was the worst, but he landed later on driving half-track (after things were more under control). I think the Battle of the Bulge got to him more than anything else.

My grandfather also was there as well as Italy (Anzio beaches) and in Germany during the bulge. He was a very angry, bitter man from what I've understood. What a shame that they didn't have help for PTSD back then. I wonder how that would have impacted generations if they would have recognized it (including after WWI). In any case, I have the utmost respect for that generation. These were young kids willing to lay down their lives for a better tomorrow. I wish that mentality was still here now. All people do is yell at each other.

[jimcasada]

Lots of falling knives today. Maybe I'll get back one of our stock funds today (TACO trade).

[jimcasada]

I transferred everything into S-fund yesterday in both my real accounts, but got distracted and put in too late here. Yes, I screwed up and now my fantasy account no longer matches real account.

[VAmanBulls]

There is a bit of an illusion we are still in a bull market, but we have been in a pretty solid Stage 3 sideways trend (S&P) since Dec. I never buy into a sideways trend. They typically bust into a Stage 2 uptrend or a Stage 4 down trend. When the 4 happens, it usually hits hard and fast. While earnings still appear to be strong, I don't see any real sign now for a Stage 2 uptrend bust out. PE ratios are still extremely high historically. The Iran thing could be a market mover, but who knows. My extreme caution flag is still flying. Protecting profits mode for me right now. If we can get a 17-20% sell-off, I will be all-in.

[Bubba]

Sure feels like the title is appropriate today. Everything is down including bonds. I'm glad I'm being overtly cautious now and have 70% in the G fund...but ouch to the 30%!!!

[wingchaser]

Thought Microsectors U.S. Big Oil 3x Leveraged ETNs (NRGU) would be good leverage for my ROTH IRA, but seems to have hit a lil’ lull..