All things STOCKS

Interest rates are just so low. I think there are a lot of people in the market because they have no other choice.
Bingo, there is no other place to get any return.

When we get some inflation interest rates should rise, and investors will buy bonds again. Those holding too many stocks will suffer.
 
Bingo, there is no other place to get any return.

When we get some inflation interest rates should rise, and investors will buy bonds again. Those holding too many stocks will suffer.
I think football start ing up and the sports books will have more effect than interest rates...all these Robin holders will move their money back to draftkings.
 
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What the market will pay for it. Just like anything else. And the trust actually does own physical gold, by the way. The fund strikes a NAV everyday, just like any other ETF or mutual fund, that is driven by the price of the underlying assets.

It's just that its shareholders don't have physical redemption rights, which is why gold bugs don't like it. Nor should they, if what they are really after is the ability to possess the physical gold. GLD is paper gold (you're buying shares in a trust, and the trust owns the physical gold). If I wanted to hold the physical gold, not just get exposure in a 401(k) to gold, I wouldn't own GLD either. If I own SPY, I can't "redeem" my shares in it for shares in each S&P 500 stock either. It's not how ETFs work.

Is GLD Really As Good As Gold?

I think that you might actually be able to exchange ETF shares for shares in the underlying securities. But it wouldn’t make any sense unless you own a ton of shares. There are probably redemption fees. The arbitragers keep the ETF share price from diverging from the prices of the underlying shares of stock. There are so many shares of SPY traded daily that it’s not an issue with that... issue. But prices can easily get out of whack with thinly traded, low cap ETFs.
 
I think football start ing up and the sports books will have more effect than interest rates...all these Robin holders will move their money back to draftkings.


I get the idea the Robinhooders have zero Interest in bonds, although there is money to be made in interest rate movement.
It's a little sad to see people who just gamble, and have no interest in investing. I suppose the market is better than the lottery.
I own DNKG, and have been waiting for some time for it to drop below $30 to buy more.
 
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I get the idea the Robinhooders have zero Interest in bonds, although there is money to be made in interest rate movement.
It's a little sad to see people who just gamble, and have no interest in investing. I suppose the market is better than the lottery.
I own DNKG, and have been waiting for some time for it to drop below $30 to buy more.

You are going to be waiting for a while I think, that thing is going to keep climbing especially with the NFL starting up.
 
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XSPA earnings after hours today. Could be a nice dip buy in the morning, since earnings should be terrible. Supposedly a business update as well.
 
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Was on the fence between PINS and BOH, but I'm loving the chart on PINS and their financials.
 

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