Investing / Holding / Selling / Rebalancing

[KW]

Its the PPT stepping in again.  The market is very easy to manipulate, they simply need to buy the mega caps to send the indexes soaring.  That's why its always a good idea to look at what the rest of the market did.  And the new high/new low chart shows the rest of the market was down. 
https://stockcharts.com/c-sc/sc?s=%24USHL&p=D&yr=1&mn=0&dy=0&i=t9299806285c&r=1665699037798
(if that link doesnt work, copy and paste the URL into the browser rather than clicking on it)


https://www.youtube.com/watch?v=SHhrZgojY1Q

[LoungeLizard]

Classic dead cat bounce. It'll all unwind next week. The only way world indexes are going to go in the next 12 months is down.

[Left Field]

George Friedman's take on the world at present...... (as delivered 15 Oct 2022)

(George Friedman is a Hungarian-born U.S. geopolitical forecaster, author, and strategist on international affairs. He is the founder and chairman of Geopolitical Futures, an online publication that analyzes and forecasts the course of global events.)

https://www.youtube.com/watch?v=_NAYAIThOiU

Good to have a portfolio where over 50% of revenue is generated in $USD,

[Left Field]

Wall Street up over 2% on Friday (Dow up 10% for Oct)......all is well in the world.

[lorraina]

We remain "well positioned.".............lol.

[Basil]

Wall Street up over 2% on Friday (Dow up 10% for Oct)......all is well in the world.

A bold statement when you look at all the stress in the system from multi decade high inflation, bond rates and the geopolitical outlook.
Is everything really okay or is this another sucker's bear market rally ?  Where are bond rates going when quantitative tightening starts in earnest?  Hmmm...I am happy to remain quite defensive and protect my nest egg, it's been a great strategy so far in 2022.

[Left Field]

A bold statement when you look at all the stress in the system from multi decade high inflation, bond rates and the geopolitical outlook.
Is everything really okay or is this another sucker's bear market rally ?  Where are bond rates going when quantitative tightening starts in earnest?  ....

Reminds me of a quote from the great Leonard Cohen. "For many years I studied all the great religions of the world..... but then happiness got in the way."

You are right to express your caution Basil...I should have said, "All in well in my world."

I wish you happiness ( and a dash of humour) in your world.

[Basil]

Thanks Left Field.   I'm feeling good now I've rekindled a very enjoyable hobby.

Just need another Beagle now but Mrs B isn't keen and reckons they're always obsessed with food...she's not wrong lol

[Left Field]

Beginning to see some light at the end of the tunnel?? (Well, apart from those going down in the long overdue Bitcoin rout.)

Great to see so much green ink appearing in NZ share portfolios lately.

Fingers crossed for some key results coming out in the next two weeks.

[Left Field]

Some good 1H FY23 results in my portfolio saw gains of 5% (in total) for the Month of Nov. 

Up 11.3% in the last 2 months.

Over in the USA they are now in BULL mode (according to these Bloomberg analysts)     https://www.youtube.com/watch?v=coojkg6eaS8

Nice to bathe in the optimism. Onwards and upwards.

[SmallSteps]

Here's hoping !
Not holding my breath to be honest though :-)

[Left Field]

Crikey, first post for 2023 on this thread. How are we all doing??

KW's very useful chart https://stocktalk.co.nz/index.php?topic=127.msg5918#new (see below) is showing a hint of gold..... maybe a hint that we might be getting some positive SP trend action this year after a tough 2022.

FWIW I learned heaps last year, made a few mistakes, but overall my portfolio is looking 'well positioned' and I'm happy I held a few, pruned a few, and used DCA to improve my remaining positions on a range of more defensive companies during recent lows.

PEB was my biggest hit last year...... the whole Novitas thing hurt........but I'm still holding and  still in a profit (albeit a much reduced profit.)

Soon we will have the 2023 Share competition picks to examine other traders picks for 2023.

Sssoo how are you doing??

[Plata]

Tough year last year for sure. Took some losses last year and for the most part saved myself more pain, but as a result my allocations are looking too cash heavy. Started buying some asx 200 etf units, looking to get back under 40% cash... can't miss out on that Easter Bunny rally

[Left Field]

Interesting start to the 2023 NZX Sharepicking competition..... much better than FY22

Majority of choices already in the green...... let's hope this continues!

See it here https://onedrive.live.com/view.aspx?resid=7256B889062A4008!1893&ithint=file%2cxlsx&authkey=!AKkA58ypTmuexRo

[Shareguy]

Sold final parcel of PPH and am now out. Have been adding to my position in RYM.