(08-07-2019, 09:59 PM)flsprtsgod Wrote:

(08-07-2019, 02:26 PM)jagibelieve Wrote: My stop losses kicked in early this morning.  I took a loss of some of my gains, but still outperforming the S&P 500 for the year.  I am earning some capital gains on my bonds though.  The 10 year treasury yield took a crazy ride today dipping down to around 1.57 from 1.62 at the market open.  Since then as of right now it's back up to 1.68%.  Expect another rate cut soon, most likely in September.  I suspect by early next week there will be some bargains to be had on certain stocks/sectors.

China probably does want to hold on until after our election, the question is can they?  European treasuries are yielding negative interest rates so there is a big flow of money coming in to the bond market right now.  I guess it could potentially be good news for people taking out a mortgage since the interest rate on a 30 year fixed is probably going to be down to nearly 3.5%.

I'm only up 9.25% YTD now dadgummit.