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Registered on:6/15/2015
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re: There are some major issues lurking in the US financial markets - Omada
[quote]The p/e of the s&p was 22.18 on 1/1/2016 Earnings are not fully reported but projections have the 1/1/2019 figure at 19.96 I know i am a simpleton but how can we be paying so much more for less [/quote] If I understand your question, then the answer is tax cuts increased earnings....
Posted on Money Talk
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re: Nathan Pickering Is off the board - Omada
His home state team that's only 5-10 miles a shorter drive than the drive to LSU....
Posted on LSU Recruiting
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re: Swing Trading Experience - Omada
Expecting this to draw in you-know-who?...
Posted on Money Talk
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re: WFDT - Omada
3 fried eggs, 1 strip of bacon, and roasted brussels sprouts and potatoes...
Posted on Food and Drink
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re: Devin White will announce his decision today! - Omada
My sauce confirmed that he is staying and will announce at 3:50 PM. But then I noticed my sauce was 500 feet tall and from the Mesozoic era, so I don't know what to believe now....
Posted on Tiger Rant
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re: Vanguard to stop accepting purchases in leveraged and inverse investments - Omada
I've been meaning to move my old 401K-turned-IRA from Vanguard to TD Ameritrade for a while now, and this seals it. I utilize a long-short strategy I developed for index investing, and the strategy needs inverse ETF/N's for the short part. I'm sure Jack Bogle will miss my giant $3k account. I ima...
Posted on Money Talk
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re: How much should my IRA have increased in % the last 5 years? - Omada
[quote]How much should my IRA have increased in % the last 5 years?[/quote]The answer is: it depends on what you're invested in. That may sound silly, but it's about the risk and reward of the investments. A financial textbook and/or academic will tell you that taking on more risk means exposing you...
Posted on Money Talk
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re: This wacky daily trading strategy posted a 13% return in this rough year - Omada
[quote]- However, this strategy bears no fundamental explanation.[/quote] Possible explanation: the strategy is being compensated for bearing overnight risk. However, I have a feeling the strategy is not applicable in the long term, possibly due to over-fitting to the data. On a few afternoons, ...
Posted on Money Talk
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re: Natgas- how low will it go - Omada
I don't pay attention to the media so I don't know when the price prediction was said, but /NG reached 4.929 on November 14....
Posted on Money Talk
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re: What's everyone been buying? Here's the one week performance for S&P as of 12/24 - Omada
So that post was about decay, which requires leverage and choppy underlying. No leverage, and the ETF/ETN will match the underlying or inverse it. But what if the underlying trends instead of chops? Here's what happens: [img][img]https://i.imgur.com/XoOSfCa.png[/img] As you can see, SH and S&P...
Posted on Money Talk
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re: What's everyone been buying? Here's the one week performance for S&P as of 12/24 - Omada
[quote]Nice to know SH doesn't really have decay. Thanks[/quote] Yeah, it doesn't have decay because of lack of leverage. It just does the inverse. Here's a comparison between the S&P 500, SH, SDS, and SSO (2x long S&P leveraged ETF). The S&P and SH just do the opposite, but SDS and SSO lose value ...
Posted on Money Talk
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re: There are some major issues lurking in the US financial markets - Omada
Go through his post history. He's... interesting. :crazy: :blackheli: ...
Posted on Money Talk
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re: What's everyone been buying? Here's the one week performance for S&P as of 12/24 - Omada
ETF's that provide the inverse of the [i]daily[/i] return of the S&P 500. So if the S&P 500 is up 1% on the day, SH should be down 1%. If the S&P 500 is down 2% on the day, SH should be up 2%. SDS is 2x leveraged, meaning it provides double the inverse returns. I consider them to be better altern...
Posted on Money Talk
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re: What's everyone been buying? Here's the one week performance for S&P as of 12/24 - Omada
[quote]What's everyone been buying?[/quote] SH and SDS. For those wondering why, I developed and use a mechanical investing strategy for stock indices that only uses technical analysis. It produced a short signal a couple of weeks ago, indicating this may be the start of a bear market. I don't r...
Posted on Money Talk
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re: There are some major issues lurking in the US financial markets - Omada
I think you make an interesting point. Can I try to answer that since I'm someone with the hypothesis that low interest rates and QE boosted US asset prices? If the easy money idea is correct,[link=(https://www.bloomberg.com/markets/fixed-income)]this Bloomberg article from June 29[/link] may hol...
Posted on Money Talk
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re: If your IRA chart looks like this how concerned are you? - Omada
[quote]I didn’t mean to be a dick, but that was a big boo-boo [/quote]Yeah, it was. Thank you for calling it out. :cheers: It's a shame that Google can't be used for a quick snapshot of mutual fund performance though because there are a couple of extra clicks involved to get it on Morningstar or t...
Posted on Money Talk
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re: If your IRA chart looks like this how concerned are you? - Omada
Yeah something doesn't add up because I messed up by using Google as my information source. As I mentioned in the post above, I thought the Google graph reflected changes in per share NAV value. It doesn't. It still doesn't make sense why the OP is down every year, though....
Posted on Money Talk
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re: If your IRA chart looks like this how concerned are you? - Omada
[quote]Looking at historical mutual fund prices to know whether you made money or not is insane [/quote] ...Crap. You're right, and I screwed up big time. I figured Google was showing a graph for changes in NAV value for the shares. It's clearly not, and I should have checked Morningstar. I figured...
Posted on Money Talk
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re: If your IRA chart looks like this how concerned are you? - Omada
[u][b]EDIT: As mentioned in the edit of my previous post, this post contained wrong information. I'm removing the bad info to avoid confusion for any future readers. Everyone is still free to point and laugh at my mistakes that were quoted by others, though.[/b][/u] Also, I didn't even think of l...
Posted on Money Talk
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re: If your IRA chart looks like this how concerned are you? - Omada
[quote]You must have been in all cash then. The past ten years has been an epic bull market for stocks unless you got it right before the crash.[/quote]If you had finished reading the thread, you would've seen the proof OP provided: [img]https://i.ibb.co/5Y0ZPqM/3423-DD93-6-E6-D-42-F2-B2-D8-3-A8-DA...
Posted on Money Talk
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