3309 Drysdale Ct
Edwardsville, IL 62025
Chat GPT came up with basically the same answer I was thinking
for this question, but I was still amazed at how quickly it
produced the answer. FA's everywhere crossing their fingers and
hoping people don't get too familiar and comfortable asking LLM's
questions! The only flaw I could spot in Chat GPT's logic is that
it didn't put together that the loss was unrealized. If it was
realized, then the question to roll or not to roll would be a moot
point. Still impressive.
Question: I have a 2 year treasury note with a 4.375% yield
payable semi annually. The current yield on the same duration note
is 5%. I have a .9% loss on my current note. Should I roll to a new
2 year note at the higher yield or hold on to current one until
Answer: To determine whether you should roll your current 2-year
Treasury note into a new 2-year note with a higher yield or hold
onto your current one until maturity, you should consider a few
Current Yield vs. Yield at Purchase:
The .9% Loss:
Time to Maturity:
Future Interest Rate Expectations:
Ultimately, the decision to roll over your current note or hold
it until maturity depends on your individual financial goals, risk
tolerance, and market expectations. You may want to consult with a
financial advisor who can provide personalized advice based on your
specific situation and objectives.
Matt or Steve, would you pls comment on the pattern that I see
on HYG: "M" topping pattern, with July 13 and Sept 1 being
the left and right shoulders of the "M." Is it not true that once
the middle dip of the M is breached, you shouldn't see price go
back above it, or much above it? If so, and if the pattern plays
out, price should drop pretty quickly here, maybe after testing and
failing at the 9ema - ?
CAMT - Chart Link- had nice day
GPCR - Chart Link-
I caught CAMT after confirmed breakout, so far so good
Technically I emailed yesterday that the RSI oversold took a
long on ES/MES, but today it officially went long. Better prices
yesterday though obviously
again a lot of sub systems are in positions across SPY and
CORN daily and hourly
Hourly has cleared all the various moving averages
Thanks - next levels above are 50 day MA at 22.60 and prior high
GOLD ? some shares were firming up in the afternoon -
EQX, AG OR NFGC FSM, DRD
Is this the low in TLT ? seems to have bounced nicely .
With a hammer
IYT - morning star pattern on daily chart. A lot of resistance
overhead, w/ various moving averages.
Note Powell speaks 4pm (non monetary related though) which is
FED'S POWELL DOESN'T ADDRESS RATES OR ECONOMY OUTLOOK.
Thanks for all the charts guys
Giving each employee a new vehicle every 5 or 6 years, for free,
would probably be less expensive than accepting their current
demands....I think a LOT less expensive. And it would attract a TON
of workers that might not otherwise consider the job. People love
their cars in America! Right now workers say they get a 10%
reduction from sticker price.
When does Powell speak today or tomorrow?
He speaks at the closing bell - 4 PM EST
Powell ðŸ™€. Should I hide under my desk ?
i never thought we get this bounce going into the close. in
Now that's more like it.
SPX - touched the top of the steep downtrend channel, printed a
demark 9 and pulled back a little. Hard to say if we have one more
push down before breaking the channel for what I think will be a
wave 4 (the bearish count). Channel is steep and narrow, it
could be redrawn after a minor break.
Is there really anything JPow can say that would give market a
Right now, Powell is a hammer and everything he sees looks like
$SPX - Chart Link
They keep bringing on people that say "it's ridiculous that
we're building cars that we can't even afford to buy." Lol.
Can you imagine if that bankrupt thought process was extended
across the economy? Would have to have rich women working in watch
and handbag factories...just to start with. Silly argument.
Socialism breaks down pretty quickly when common sense is
I think most workers should be able to afford a new car at
some point, if they work hard and save up. But, I don't see any
path to saying they are entitled to be able to afford a 70K car
(which is what one of the UAW picketers was saying). I know I
can't afford that! I settled for a 50K truck....and it's the most
expensive vehicle I've ever bought, by a long shot....and I'm 50
with multiple degrees that I worked my butt off to achieve. Is it
unfair that I can't buy a 70K vehicle? I guess not...because I
don't build them?
great comment! lets talk about my 2007 Ford F150 FX4
custom.....likely never buy another, so preserving it.
I'm 60 with multiple degrees. My truck would go $75k
I prefer Tacoma's myself, but that those FX4's are sweet trucks
also! I drove my truck into Baja, about 2 hours south of
Ensenada, a couple of weeks ago and spent a few days putting
it through its paces off road. It will probably never be clean
again...dirt ended up in places I didn't know dirt could end
up...but it kicked ass down there. Good times.
Why not give them stock options, instead of salary
increases same as the guys in the C suite
Haha. That would be kinda funny. Those companies are
screwed...again. Almost worthless options...but most wouldn't know
that. I remember talking to a UBER driver a couple of years
ago when Cali was contemplating the laws governing gig workers. He
was completely shocked when I told him that UBER was losing a
billion per quarter....so I showed him on my phone. The
typical worker thinks there company is rolling in it and can never
go bankrupt....just being greedy by not paying them more.
HYG - could be an objective short if it climbs further toward
the recently broken trendline.
I used to have a lot of those 1 oz Pamps, and I've had a bunch
of 10 ounce bars as well. The perth mint bars are nice as well. As
far as the coins I like the gold buffalos but they come with more
of a premium. The gold maples are really good price
I sold about 95% of my physical gold bars and coins back in late
April - perfect timing! I have not bought them back yet
I still have one of those 100 oz silver bars - it's really a
brick, similar size dimensions
funny I've heard of people painting them black then using them
as a door stop - can have 100s of people come through the house and
no one pay attention to them or even think of taking them because
of their disguise LOL
Energy stocks reversed .... following oil .... getting
tired a bit here short term IMHO ... looking for DRIP / ERY
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