Thread: WorkFE's Account Talk

Originally Posted by WorkFE

Is it worth chasing 1-1.5%, assuming snap back tomorrow.
Who's hiding the Magic 8 Ball.

Original Magic 8 Ball

Thanks tsptalk for finding the All-Important 8 Ball.
Thanks Epic for reminding me that if I do nothing, the G Fund is returning 4.250%. Slipped a hair.

I have pushed a few chips in. COB today G=91% / C=3% / S=3% / I=3%
Is we are down again tomorrow I will go long at 70/10/10/10. Maybe

Some noticeable items of interest. Yesterday was tough, folks most likely trying to figure out which way the Fed is going. I’m not a stockholder but apparently Tesla had its first delivery decline in 4 years. There is a vote today by the shareholders for the future of the Disney board, some type of proxy battle. US health Insurers got beat up pretty good yesterday. Apparently, its tied to Medicare payments. Rising Treasury Yields and Oil prices never helps.
Could be we are just due for an overdue pullback. Maybe a buying opportunity.

Originally Posted by WorkFE

Some noticeable items of interest. Yesterday was tough, folks most likely trying to figure out which way the Fed is going. I’m not a stockholder but apparently Tesla had its first delivery decline in 4 years. There is a vote today by the shareholders for the future of the Disney board, some type of proxy battle. US health Insurers got beat up pretty good yesterday. Apparently, its tied to Medicare payments. Rising Treasury Yields and Oil prices never helps.
Could be we are just due for an overdue pullback. Maybe a buying opportunity.

Tesla has the 2nd worst YTD return on the S&P 500.

Folks way smarter than me have been bearish on this stock for years. At it's current $166.63, my long-term guess, it's going to $100 in July...

Originally Posted by JTH

At it's current $166.63, my long-term guess, it's going to $100 in July...

May be a buy at that point. I don't follow automotive stocks that closely. Years ago I dabbled in Ford when the other 2 Big Three were being bailed out and Ford was trading at about $5, I recall making a good bit off that. Tesla's stock cost are significantly higher than the Big Three, Honda, VW etc.
High Tech stocks, which one could throw Tesla into somewhat, are extremely risky due to there is a New Kid on the Block every few years.

Thought about jumping back out today for a quick hit but just not sure this will hold in the positive today. I was prepared to add to the C/S/I if we had a repeat of yesterday.

To wishy washy, will maintain 91/3/3/3.

Despite the market yesterday falling back to earth at the close, the C, S & I all gained.

There is less than a handful of C Fund top 25 stocks in the red today.
Looking good there.

Originally Posted by WorkFE

There is less than a handful of C Fund top 25 stocks in the red today.
Looking good there.

Sorry, I was thinking out loud.

I don't suppose I can get an advanced copy of these AZZHATS notes before they speak.

A little bored today so I am looking over the top 10 holdings of the C Fund.
There are a few that stand out. The biggest dog in there is Tesla, about 2+ years ago Tesla was trading around $400. Its down about 58% since then. Apple is off about 15% and NVIDIA is off about 10%.
The remaining seven range anywhere from .5% to 3.5% off their respective all time highs, not bad.