The Market 2022-2023-2024

[BigRedRage]

All I watch for sports is suns and cardinals and the cardinals are free to watch. youtube TV at least gives me some suns games and all the playoff games. it works. Having Bally sports would be nice but w/e

 

[Devilmaycare]

Local sports is the big hang-up for me and the main reason I still have DirecTV.

Still, our household would gladly pay a premium to have everything in one place to choose from on-demand. But, I'm sure the younger folks would think we're crazy and I'm fine with that.

Will get interesting if these streamers really start cracking down on the shared accounts/passwords.

YouTube probably dwarfs the rest of the streamers, though. They'll probably just end up taking over the world.

You can get it all under once place. It's called PirateFlix . They have everything. And it's a joke, I'm not going to post real pirating info. That's illegal.

YouTube is a real competitor though to any of the streaming services. I watch it more now than any other service. Actually more than all others combined. Watching live streams with the chat interaction is great. There's a lot of good content on it.

All I watch for sports is suns and cardinals and the cardinals are free to watch. youtube TV at least gives me some suns games and all the playoff games. it works. Having Bally sports would be nice but w/e

OTA is great for the Cards and the other nationally broadcast games. I'd probably stick with it even if I had a streaming service that included the games. It has the lowest amount of lag (good for following the game day threads) and both the PQ and AQ are usually better. I'm also set up now so that I can pull up the OTA feed through any of my AppleTVs in the house.

The Bailys of the world are a pain though. They really need to get off their outdated model of having to have a cable subscription. It's a boomer relic at this point. Same thing with MLB@Bat blacking out local games. I shouldn't have to play the DNS game to get around them.

 

[BigRedRage]

You can get it all under once place. It's called PirateFlix . They have everything. And it's a joke, I'm not going to post real pirating info. That's illegal.

YouTube is a real competitor though to any of the streaming services. I watch it more now than any other service. Actually more than all others combined. Watching live streams with the chat interaction is great. There's a lot of good content on it.


OTA is great for the Cards and the other nationally broadcast games. I'd probably stick with it even if I had a streaming service that included the games. It has the lowest amount of lag (good for following the game day threads) and both the PQ and AQ are usually better. I'm also set up now so that I can pull up the OTA feed through any of my AppleTVs in the house.

The Bailys of the world are a pain though. They really need to get off their outdated model of having to have a cable subscription. It's a boomer relic at this point. Same thing with MLB@Bat blacking out local games. I shouldn't have to play the DNS game to get around them.

I'm still pissed the suns are not on UPN. I know Bally pays huge money but, if you are on UPN, you have more fans, more jersey and swag sales, etc.

They must see Bally as the more money option.

 

[BigRedRage]

TSLA just destroyed earnings.

 

[Folster]

I'm still pissed the suns are not on UPN. I know Bally pays huge money but, if you are on UPN, you have more fans, more jersey and swag sales, etc.

They must see Bally as the more money option.

There's more money in broadcast and streaming rights than jersey and swag sales. Even Phoenix Rising has moved to Bally Sports.

 

[Devilmaycare]

I'm still pissed the suns are not on UPN. I know Bally pays huge money but, if you are on UPN, you have more fans, more jersey and swag sales, etc.

They must see Bally as the more money option.

That's why I'm glad my Mom won't drop her cable and that I have her login for the apps.

 

[BigRedRage]

There's more money in broadcast and streaming rights than jersey and swag sales. Even Phoenix Rising has moved to Bally Sports.

Must be. My brain goes right to less viewers = less fans but I guess that makes up for it.

 

[Folster]

My retail stock account is down -4.84% YTD (through 4/19) while the S&P 500 and NASDAQ are down 5.98% and -12.95% respectively. My Roth which is all in ETFs, is down -6.38%.

 

[Folster]

Ackman's hedge fund Pershing Square bailed on NFLX today taking a loss.

Here's their letter to shareholders in case you wanted to read their rationale.

Pershing Square Holdings, Ltd. Releases Letter to Shareholders

Regulatory News: Pershing Square Holdings, Ltd. (LN:PSH) (LN:PSHD) (NA:PSH) (“PSH”) today released the following letter from the Investment Manager to

www.businesswire.com

 

[dscher]

Technical picture from my POV looks like the QQQ is about ready for a retest of the March lows... Value over growth continues for now.

 

[dscher]

Fun fact: If you would have bought into a dollar ETF a year ago you'd have more money today than in a broad market stock index.

Yipes.

 

[Folster]

Fun fact: If you would have bought into a dollar ETF a year ago you'd have more money today than in a broad market stock index.

Yipes.

That makes sense from what I hear coming from the other Central Banks. They are all more dovish than the Fed. US Treasury yields are significantly higher.

 

[Folster]

I got my tail kicked today. Down 2%. T, MO, and MMM were my only stocks in the green. T was up 4% after a good earnings report after the spin off. The NFLX crash has had some reverberation throughout the market IMO.

 

[dscher]

That makes sense from what I hear coming from the other Central Banks. They are all more dovish than the Fed. US Treasury yields are significantly higher.

Strangely, the dollar and long bonds correlate over time since they've basically been an instrument of deferred dollars...we are seeing a massive divergence right now between the two. This parabolic move in yields from the COVID bottom has been quite the move.. almost TOO much of move. IMO. The fed bought credit markets are still selling off which is turning into straight up falling knife territory...mind numbing moves these past couple years to say the least.

 

[elindholm]

I got my tail kicked today. Down 2%. T, MO, and MMM were my only stocks in the green. T was up 4% after a good earnings report after the spin off. The NFLX crash has had some reverberation throughout the market IMO.

I'm having a bad week too. Among my recent acquisitions, ECL, ETSY, PACK, and U have all gone straight down. BW and JWN are in the green, but not for long, the way things are going. My little flirtation with TWTR paid off, but it's a drop in the bucket compared to the big picture.

My personally managed portfolio is only -3.6%, so I feel pretty good about that, but the mutual funds are -12.8%, which means I'll need a gain of almost 15% just to get back where I started the year.

 

[Folster]

Woof! another rough day. VIX is only about 27. I'm looking out at 30+ to drop some more into a total market index. I'm also keeping an eye on names like GOOG. $2000-2100 could be a nice opportunity if it pulls back that far. It's currently dropped below $2400. So it still has a ways to go, at least another 12-13%. But there should be some other opportunities that present themselves if we see further movement to the downside.

 

[dscher]

Woof! another rough day. VIX is only about 27. I'm looking out at 30+ to drop some more into a total market index. I'm also keeping an eye on names like GOOG. $2000-2100 could be a nice opportunity if it pulls back that far. It's currently dropped below $2400. So it still has a ways to go, at least another 12-13%. But there should be some other opportunities that present themselves if we see further movement to the downside.

We haven't even seen risk off yet. That's fairly terrifying. Money not even moving into long bonds yet or the VIX not even past 40 is a sign of more pain to come...

 

[Folster]

We haven't even seen risk off yet. That's fairly terrifying. Money not even moving into long bonds yet or the VIX not even past 40 is a sign of more pain to come...

There's no incentive to buy long bonds when the 5 year has the same yield as the 30 year.

 

[Folster]

ARK is basically back to its 52 week low while the NASDAQ and S&P 500 are about 2-3% from their March lows.

 

[dscher]

There's no incentive to buy long bonds when the 5 year has the same yield as the 30 year.

IMO. I don't think it matters. Where else have dollars gone in the past crashes when it became painfully clear we are heading into a nasty recession, or worse? Those dollars ultimately have found long end treasuries... They'll have to move. Not just sit in cash. I don't see where else they'll move to. Peter Schiffs of the world think it will be gold and/or commodities. I tend to strongly disagree as I don't understand how anyone can think we are heading INTO hyperinflation. We are heading out of it IMHO.

 

[Bada0Bing]

Shopify doing a stock split now @Bada0Bing

I saw that! Let's hope it gets a nice bump after that.

 

[elindholm]

ARK is basically back to its 52 week low

I'm surprised it's not lower than that. I don't hold any ARK funds anymore, but the similar speculative growth mutuals I hold have been unmitigated disasters.

 

[elindholm]

Here is the complete list of my gainers for the day:

LMT
SAM

 

[AsUpRoDiGy]

Not a good day. Oof.

 

[dscher]

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