Archive for June, 2024

Posted by Martin June 19, 2024

Are index funds bad for the stock market?

Index funds have become a popular investment choice due to their broad market exposure, maximum diversification, and minimal costs. The consensus is that everyone should invest in index funds. This prevailing thought is supported by the fact that low-cost index funds typically outperform most active funds, where managers try to select the best stocks, over Continue reading →

Posted by Martin June 18, 2024

Current Market Sentiment and Outlook

The current market sentiment among investors and institutional players is varied, reflecting both cautious optimism and underlying concerns. Several factors influence this sentiment, including inflation, interest rates, and economic growth.   Inflation and Interest Rates:   Inflation in developed markets is expected to ease further in 2024, nearing central banks’ targets. The Federal Reserve is Continue reading →

Posted by Martin June 18, 2024

Dividend stocks are a core of my portfolio

I aim to achieve financial independence by generating sufficient passive income to cover my regular expenses. A key component of my strategy is investing in dividend stocks, particularly those that offer above-average yields and have the potential for consistent future growth. In my strategy page I illustrated my journey to financial independence applying multiple strategies Continue reading →

Posted by Martin June 17, 2024

Wall Street’s Private Credit Circus: Dimon vs. the Big Bucks Brigade

Ah, Wall Street – never a dull moment. The latest uproar? The meteoric rise of private credit. On one side of the ring, we have Jamie Dimon, the CEO of JPMorgan Chase, sounding the alarm like a town crier. Dimon insists that private equity firms, money managers, and hedge funds are playing fast and loose, Continue reading →

Posted by Martin June 15, 2024

Investors Giving a Car Maker More Money to Ruin the Company

Tesla (TSLA) shareholders have voted to reinstate Elon Musk’s compensation package, but skepticism remains among some investors and analysts. Ibrahim AlHusseini, an early Tesla investor, expressed his reservations to Yahoo Finance. “It’s a high-stakes game, and the shareholders gave in,” AlHusseini remarked. “The fear of losing motivated them, and Elon leveraged that to his advantage.” Continue reading →

Posted by Martin June 13, 2024

What a surprise!

Here we go. Inflation data and PPI came in showing slowing inflation. That is what almost everybody expected yet it came as a surprise to Wall Street. It still amazes me how irrational the markets are. But it could be because of media which feed us with their bullshit headlines every day trying to tell Continue reading →

Posted by Martin June 10, 2024

Repositioning our portfolio

I spent the first half of 2024 repositioning our portfolio to align with our goals. I took some trades off, some are “parked to a later day” when I will deal with them (for example, I converted some of the bad SPX trades into a “box” and now I keep rolling it away). When I Continue reading →

Posted by Martin June 02, 2024

Is the weakness in the stock market over?

I had a bullish trade when I bought futures contract late in April 2024 and then I was trailing my stop higher. I thought this could continue longer but then I was stopped out. I was thinking: did I place my stop loss (in fact it was a stop gain loss) order too close the Continue reading →