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  1. Pavel Svinchnik

    Disappointing News for Democrats Today

    I hope you're right but I think there will be another big dip in late May or early June.
  2. Pavel Svinchnik

    Hate the New Bloomberg TV Format

    They were back to their usual format today, 4/1. Either the new format was an April Fool's Joke sprung a day early or they had a flood of complaints and switched back. Unfortunately, the format reversion didn't help the market very much.
  3. Pavel Svinchnik

    Hate the New Bloomberg TV Format

    I usually tune into the financial TV channels several times a day, alternating between Bloomberg and Fox Business News. This morning, 3/31/2020, Bloomberg had a new format on the screen. Where the old format was easily read, the new one is very cluttered and the essential numbers are too small...
  4. Pavel Svinchnik

    Zero Interest on 13-Week T-bills

    When one of my 13-week T-bills rolled over last week, the replacement only paid 0.29%. I had moved my savings account money into T-bills last year because the credit union is only paying 0.30% interest. This week's auction was a shocker; the interest rate is zero! Even so, they sold about $56...
  5. Pavel Svinchnik

    Death of the Dividend

    Today's (March 26) online Barron's has an article about companies that are trying to save their dividends. https://www.barrons.com/articles/dividends-are-in-danger-here-are-some-relatively-safe-plays-51585216801?mod=hp_DAY_10
  6. Pavel Svinchnik

    Gov. Cuomo for President?

    I see Governor Cuomo giving news conferences very frequently these days. He does a good job, answering questions without the usual waffling that politicians do. I get the impression that he's positioning himself for a 2020 presidential draft if Biden goofs up too badly, or at least for a run in...
  7. Pavel Svinchnik

    Foolproof recession indicator is glowing red

    The DJIA, S&P, and NASDAQ futures showing on Bloomberg are all down about 4% but those numbers are from the Friday close. We'll have to see what happens when the futures market opens again at 6:00 Sunday afternoon.
  8. Pavel Svinchnik

    Worst Pandemics In History

    I'm not sure why, but that reminds me of General Turgidson's comment in "Dr. Strangelove": "I'm not saying we wouldn't get our hair mussed. But I do say no more than ten to twenty million killed, tops! Uh, depending on the breaks."
  9. Pavel Svinchnik

    Foolproof recession indicator is glowing red

    I had about 20% of my self-managed equity investment funds in cash a few weeks ago. I was doing OK buying on the big dips and selling the next day on the rebound, occasionally buying small portions of stocks that I'd been watching for a while as loner term investments, but I'm pretty much out of...
  10. Pavel Svinchnik

    Hedge with Gold?

    I started buying junk silver before Y2K and have been adding a few rolls every couple of years. I buy old coins, Mercury dimes, standing liberty quarters and halves, coins from before they debased the coinage. If things get really bad, maybe I can trade with the locals for necessary items. I...
  11. Pavel Svinchnik

    Hedge with Gold?

    I see gold dropped significantly. Is anyone buying a bit, just in case we have another crash?
  12. Pavel Svinchnik

    What, if anything, are Market pros thinking?

    Seems like a lot of people expect another big crash sometime in the next two months and are willing to pay that premium.
  13. Pavel Svinchnik

    Is now the time to buy

    I bought 200 shares of American Airlines on the Monday swoon, thinking it would probably turn around in six to eight months, but it was up today (Tuesday) so I sold for a 15% profit. Just a small speculation with funds I don't need in the near future, but it's nice to hit a winner like that once...
  14. Pavel Svinchnik

    Funeral Business TV Today

    I turned on Bloomberg TV this morning and noticed that the morning lady was wearing a black dress. They cut to the morning man and he was wearing a black suit. When I switched to Fox Business News, again the lady wore a black dress and the man a black suit. They interviewed two guests, both of...
  15. Pavel Svinchnik

    Dont like crime?? $17/min wage would stop most of it

    $17 per hour is about $35,000 per year for a full time job. Drug dealing earns multiple times that amount without the pressure of having to get up early and be at work on time. However, a regular job has a fringe benefit of not being shot dead by the competition.
  16. Pavel Svinchnik

    Stock Plunge Theories

    The most prevalent reason given for today's big stock plunge is the coronavirus spread in northern Italy. The secondary reason is Sander's win in Nevada. From my reading on the markets, it seems like a lot of people thought the markets were overbought and were looking for a reason for a...
  17. Pavel Svinchnik

    Stock Publicity Boosts Share Price

    I was thinking company-issued stock options but the public ones should work as well. If I have options that let me buy the stock at $2 and I boost the market price to $10, I could make a few bucks.
  18. Pavel Svinchnik

    Stock Publicity Boosts Share Price

    I was watching "The Clayman Countdown" yesterday afternoon. Liz was interviewing the CEO of AIM ImmunoTech (ticker AIM), who was talking about his firm's anti-SARS drug which might work on the new corona virus. I went upstairs to the computer to check out the stock and found that during his...
  19. Pavel Svinchnik

    Selling Calls: Volume?

    I've bought some calls in the past but never sold any. I was looking into selling calls but it seems that the per-share premium is so small that you'd have to sell options on thousands of shares to make it worth the effort. For those of you who sell options, what is the usual volume of shares in...
  20. Pavel Svinchnik

    Beer is slipping. Here's what Americans are drinking instead

    When I was skiing in New Zealand years ago, some Australian fellows at the bar suggested Elephant Beer. They said it was good and strong. It sure was strong. Never saw it anywhere else.
  21. Pavel Svinchnik

    Beer is slipping. Here's what Americans are drinking instead

    I never cared for Budweiser; I thought it had a weird taste. When I drank beer years ago, I preferred Moose Head, a good Canadian beer, although I live in the U.S. In my old age, I've switched to a Rob Roy, straight up.
  22. Pavel Svinchnik

    Bond Index?

    Thanks for the reply. I checked today's (Saturday) Wall Street Journal, Financial Times, and Barron's. They all had various bond indices on their data pages. I'm just curious as to why these aren't more widely publicized. Assuming that a lot of people follow the 60/40 stock/bond allocation...
  23. Pavel Svinchnik

    Bond Index?

    There are several well-known stock indices; Dow-Jones Industrials, S&P 500, Nasdaq, FTSE 100, etc. There are probably bond indices somewhere but I've never seen one in the crawl at the bottom of the screen on any of the financial news channels or highlighted in the financial newspapers. Are...
  24. Pavel Svinchnik

    Market Overheated?

    I believe that the "stupid tards" are a significant portion of the electorate who will vote for whomever promises them more free stuff by stealing it from others.
  25. Pavel Svinchnik

    Record DJI?

    The DJI reached 27,400+ today, which everyone said was a record. I seem to recall it being around 27,600 earlier this year but I must have been mistaken. Maybe I was thinking of when it was 26,700 a while back and transposed the numbers. The Dow Transport Index was up over 2% today; quite a...
  26. Pavel Svinchnik

    Oh my stock market UP 240 POINTS.....

    True. How about a semi-colon? Oh my; stock market UP 240 POINTS...
  27. Pavel Svinchnik

    Oh my stock market UP 240 POINTS.....

    It needs some punctuation. How about exclamation points? Oh my! Stock market UP 240 POINTS!
  28. Pavel Svinchnik

    Ban Political Posts

    This group is supposed to be about the stock market and investing. I think the moderators should ban any posts which mention Trump, Obama, Warren, Bush, Biden, Clinton, etc. I don't bother to read them; they'll just be partisan attacks from one side or the other. Also, thinking that the...
  29. Pavel Svinchnik

    Gold

    I worked a lot of part-time, minimum-wage jobs when I was in college in the late 60's and early 70's. As I recall, the minimum wage back then was $1.25 per hour, but occasionally I got a job paying $1.50 per hour.
  30. Pavel Svinchnik

    Gold

    Good point. I have more lead than gold and silver.

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