Silicon Valley Bank started trading OTC today. I'm curious if this means the bank will survive and continue to exist past the original 45 day timeframe placed by the FDIC initially when it was put into retainership with them, and also since another bank purchased a large amount of their portfolio. What happens to the actual company, and could the stock ever rebound and make it back to regular trading?
Have held long-term positions in several banks stocks.
Just trying to decide if it’s time to move away from them. Fortunately, they are all green.
But I don’t see the banking industry getting better for the next 24+ months. Is it time to trim my bank stock holdings.
The two positions that I would trim are in WFC and C. Both are long term holdings in both of these companies I’m about even on them. Buy, sell, hold?
Also own large lon
Recently I read an article about the importance of pair trading (relative value). It got me thinking whether trading the market directionally is the best way to approach trading, especially in the current volatile environment.
Here are a few snippets from the article I read on the topic which highlights the dangers of directional trading as opposed to pair trading. It was written during the Credit Suisse fiasco but remains valid for any type of volatilit
I have cash left in my account pending a buying opportunity.
i recently learned that i can invest in SWVXX to gain some interest.
I currently use Ally for majority of my money in a CD. in addition, to my understanding, Fidelity lets you keep money directly in their money market fund to keep cash on hand while earning interest automatically.
But im confused on how SWVXX works within ToS. for example, it has this quip
I noticed that when my employee stock program vests the shares every quarter, there seems to be a 4% pop or so on the day the physical shares are purchased.
I’m just not sure if this sort of thing is considered public knowledge or not because it seems to me, if it’s legal, you could buy the stock in the days before the shares are purchased and expect an easy 4% bounce and then sell them. They are supposed to vest at the beginning of each quarter, but it
"The total interest from lending these shares is 5,000 * 100 * 8% / 360 = $111.11. You will receive about 15% of the total interest, so $16.67."
100% - 15% = 85% left on the table
Source: https://www.webull.com/help/faq/525-What-is-the-Stock-Lending-Income-Program
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Securities
Many saw this coming 2 years ago, during the mania bubble.
Competition.
1000 P/E ratios.
EV stocks were the new .com stocks in 2021.
2 year remind:
- Lordstown. 60 cents. Total loss.
- Lucid. $7. 75% losses for typical bagholder.
- Nikola. $1.50. Total loss.
- Nio. $10. Down 80% from peak.
- Rivian. $13. Total loss.
- Mullen. 10 cents. Total loss.
- goev/Canoo. 62 ce
Just curious as to why they may have felt the need to slip this in the new "TikTok Bill."
"Additionally, Commerce must identify and refer to the President any covered holding (e.g., stock or security) that poses an undue or unacceptable risk to U.S. national security or the security and safety of U.S. persons. If the President determines that the holding poses such a risk, the President may compel divestment of or otherwise mitigate the ris
So I’m not asking for what do you think WILL be the greatest, I’m simply asking about the past. Greatest can be interpreted in your own way, whether that is consistent dividend growth or just overall performance. For me, I’ll probably go with BRK since it has historically over performed and was always seen as a safe stock (for me atleast).
Just doing some basic research and have seen $100k is viewed by some as the number to get to asap, before easing up.
I’m 33 and just over half way there.
Just curious what it’s like once you’re there!
Do you do anything differently? Or the exact same but just watch the numbers start to get bigger?
I know there are a lot of factors, I just mean is there anything in general about $100k?