{"id":58920,"date":"2022-09-13T14:42:20","date_gmt":"2022-09-13T18:42:20","guid":{"rendered":"https:\/\/www.technologyinvestor.com\/?p=58920"},"modified":"2022-09-13T14:42:20","modified_gmt":"2022-09-13T18:42:20","slug":"inflation-bites-stocks-fall-buy-a-few-or-sell-some-short-do-some-hedging","status":"publish","type":"post","link":"https:\/\/www.technologyinvestor.com\/?p=58920","title":{"rendered":"Inflation bites; stocks fall. Buy a few? Or sell some short? Do some hedging?"},"content":{"rendered":"

Inflation came in “strong” — despite drop in energy prices.<\/p>\n

They’re throwing the baby and the bathwater out.<\/p>\n

This is from the NYTimes today:<\/p>\n

\"\"<\/p>\n

This is what the last five days have looked like — up to 2:30 PM today Tuesday September 13. This shows Dow,(green) Nasdaq (blue) and S&P500 (maroon).<\/p>\n

\"\"<\/p>\n

What should you do?<\/p>\n

+ Nibble at today’s biggest decliners. The ones on my Watch List are AMD (7.6%), NVDA (7.5%), GNRC (6.4%) and MU (6.2%).<\/p>\n

+ Do what I did a little of yesterday. Sell some stock short. I actually sold TSLA and META short and right now I’m up $2,000+ — which is better than a slap in the belly with a cold fish. I should have sold NVDA months ago. Never fall in love with a stock, as I did with Nvidia.<\/p>\n

+ Wait till tomorrow, when it will bounce and sell much of your portfolio. It’s clear that we’ll have more rate hikes and more bear market. Blind Freddie can figure that.<\/p>\n

+ There’s no harm in holding cash, despite inflation. In today’s market it takes a day to lose 7.6% on on your AMD. But a whole year to lose 8.3% to cash on inflation.<\/p>\n

The above advice is sound (and funny). You’re hearing it from someone (i.e. me) who has an undergraduate degree in Economics, a certificate in Accounting and an MBA from (of all places) the Harvard Business School. And still has no idea how to time the stockmarket.<\/p>\n

Three pluses for real estate investing<\/strong><\/span><\/p>\n

+ Multifamily vacancies are staying low. Rents are rising. I love multi-family housing as investments.<\/p>\n

+ While property prices are high, there are still nuggets to be found. Your bank prefers to sell distress to you — not work it out themselves.<\/p>\n

+ Workers are going back to the office. Bosses have figured that productivity, solutions-finding and learning is far higher and far faster in the office. Goldman Sachs has called all <\/strong>their people back. I know of several other firms who have done the same thing.<\/p>\n

What awaits returning workers? Maybe this:<\/p>\n

\"\"<\/p>\n

This is a real photo of a real office of a real person with real piles of real paper. I disguised the person because his wife does not want to see the papers at home. He has fine-honed the skill of piling papers.<\/p>\n

New Covid boosters are here <\/strong>\u00a0<\/span><\/p>\n

The new booster shots protect against the original Covid-19 strain and<\/strong> the newer Omicron variant.<\/p>\n

Get yours . CVS is easiest to deal with.<\/p>\n

Up here in Columbia County, New York, covid has definitely not gone away. Everyone is getting it.<\/p>\n

What do I look like — a total idiot?<\/strong><\/span><\/p>\n

They think I’m going to open the attachment?<\/p>\n

\"\"<\/p>\n

Or pay this one?<\/p>\n

\"\"<\/p>\n

Or this one?<\/p>\n

\"\"<\/p>\n

Or this one?<\/p>\n

\"\"<\/p>\n

Or this one?<\/p>\n

\"\"<\/p>\n

I received these emails (and more) in the last several days. The scammers are getting desperate.<\/p>\n

Check. Check. Check.\u00a0<\/strong><\/span><\/p>\n

When I was young, IBM had a slogan “THINK.”<\/p>\n

I preferred ours “CHECK. CHECK. CHECK.”<\/p>\n

+ Walgreens charges $15 for my monthly statin pills. But the local Price Shopper said my pills will soon be free. Check Check. Check.<\/p>\n

+ Friends were complaining, I wasn’t answering my phone. I had the ringer turned off. Idiot. Check. Check. Check.<\/p>\n

+\u00a0Here’s the switch the electrician installed under the sink:<\/p>\n

\"\"<\/p>\n

Here’s the sink:<\/p>\n

\"\"<\/p>\n

Something missing in the sink?<\/p>\n

\"\"<\/p>\n

Check. Check. Check.<\/p>\n

+ I fixed my scanner with isopropyl alcohol and a Q-tip. I didn’t need to buy a new $500 scanner, which I did before the Q-tip.<\/p>\n

+ I fixed my printer by shaking the toner cartridge. That saved $250.<\/p>\n

The Empire has done what?<\/strong><\/span><\/p>\n

The hearse carrying Queen Elizabeth II’s body was a Mercedes:<\/p>\n

\"\"<\/p>\n

You can’t make this stuff up.<\/p>\n

Buy yourself a yellow car. <\/strong>Here’s why:<\/span><\/span><\/p>\n

\"\"<\/p>\n

Our savior will be innovation<\/strong><\/span><\/p>\n

The jug on the left has a screw top and a crappy handle.<\/p>\n

\"\"<\/p>\n

The one on the right makes my coffee taste better.<\/p>\n

I spied some orange leaves yesterday. Fall is coming. Which is great since my AC is working like crap. And a new one is on a seven-year backorder. Or so it feels.<\/p>\n

See you tomorrow. — Harry Newton<\/em><\/p>\n

 <\/p>\n

 <\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Inflation came in “strong” — despite drop in energy prices. They’re throwing the baby and the bathwater out. This is from the NYTimes today: This is what the last five days have looked like — up to 2:30 PM today Tuesday September 13. This shows Dow,(green) Nasdaq (blue) and S&P500 (maroon). What should you do? […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-58920","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/58920","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=58920"}],"version-history":[{"count":16,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/58920\/revisions"}],"predecessor-version":[{"id":58963,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/58920\/revisions\/58963"}],"wp:attachment":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=58920"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=58920"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=58920"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}