I just purchased ZROZ & LQD..... they WILL outperform equities.....
Call me crazy....
#1
Posted 04 November 2022 - 02:54 PM
#2
Posted 04 November 2022 - 03:28 PM
OK...you're CRAZY!
Kidding aside, you're actually early on anything interest rate driven on the long side.
I do post various A/D lines every week over on the Market Analysis Board that provide the timing on such products.
I suggest that you use the standard SAR indicator as a stop for now to keep any losses small.
Fib
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw
Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.
Technical Watch Subscriptions
#3
Posted 04 November 2022 - 03:41 PM
cycletimer, according to bigcharts.marketwatch.com the ZROZ ETF has a 2.99% yield which I don't understand since I assume that this is an ETF constructed of zero coupon bonds which individually don't pay a dividend. Do you understand how this ETF has a yield? Also, good luck, I too like trying to catch falling knives and have the puncture wound scars to prove it.
Regards,
Douglas
#4
Posted 04 November 2022 - 07:32 PM
cycletimer, according to bigcharts.marketwatch.com the ZROZ ETF has a 2.99% yield which I don't understand since I assume that this is an ETF constructed of zero coupon bonds which individually don't pay a dividend. Do you understand how this ETF has a yield? Also, good luck, I too like trying to catch falling knives and have the puncture wound scars to prove it.
Regards,
Douglas
I think it has some yield oriented bonds in a portion of its portfolio. Look, it's down 50% for the year as of today. There was an Oppenheimer strategist who has since passed away, I forgot his name. he would buy the worst performing asset class at the end of any given year and the following year, that purchase would outperform in almost every case. I purchased a 1/2 a position and plan to buy the other half a little further down...or on strength in the rare event I got the timing right!
#5
Posted 04 November 2022 - 07:33 PM
cycletimer, according to bigcharts.marketwatch.com the ZROZ ETF has a 2.99% yield which I don't understand since I assume that this is an ETF constructed of zero coupon bonds which individually don't pay a dividend. Do you understand how this ETF has a yield? Also, good luck, I too like trying to catch falling knives and have the puncture wound scars to prove it.
Regards,
Douglas
Thanks Douglas, These were half normal position size. I do have solid conviction these will be much higher in NAV next year and I'll earn interest payments as I wait.
#6
Posted 05 November 2022 - 11:05 AM
OK...you're CRAZY!
Kidding aside, you're actually early on anything interest rate driven on the long side.
I do post various A/D lines every week over on the Market Analysis Board that provide the timing on such products.
I suggest that you use the standard SAR indicator as a stop for now to keep any losses small.
Fib
Not too early for banks. They should outperform until the end of the year. (JMHO)
#7
Posted 15 November 2022 - 09:15 AM
Not that crazy at all…perfect timing….kudos!
Fib
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw
Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.
Technical Watch Subscriptions