{"id":59355,"date":"2022-11-03T11:46:38","date_gmt":"2022-11-03T15:46:38","guid":{"rendered":"https:\/\/www.technologyinvestor.com\/?p=59355"},"modified":"2022-11-06T15:16:40","modified_gmt":"2022-11-06T20:16:40","slug":"dont-fight-the-fed-dont-own-anything-dont-buy-anything-sell-short-buy-treasuries","status":"publish","type":"post","link":"https:\/\/www.technologyinvestor.com\/?p=59355","title":{"rendered":"Don’t fight the fed. Don’t own anything. Don’t buy anything. Sell short. Buy treasuries."},"content":{"rendered":"

Accept that the world has changed.<\/p>\n

Earnings do matter. P\/E s do matter. A little.<\/p>\n

But what really matters is sentiment.<\/p>\n

Right now sentiment is awful for stocks. Don’t fight the Fed.<\/p>\n

The world is rife with rumors. Apple has a hiring freeze. Microsoft is firing people. Disney’s Shanghai park is closed forever because of Xi’s insane Covid ideas. Inflation isn’t easing — certainly not fast enough. No one is buying PCs any more. And Putin is going to drop a nuke.<\/p>\n

You have choices.<\/p>\n

+ You can earn 4.80% on a one year treasury. You can earn 4.74% on a two year. That’s a lot better than losing money in the stockmarket. In fact, it’s the best way to “put your money to work” today.<\/p>\n

+ Go short. The easiest short is VGT — a put on tech stocks.<\/p>\n

+ Find a business you understand and embrace it. A local apartment building. Especially one that’s over-leveraged and the\u00a0 bank now has it and wants to dump it because the previous couldn’t make payments.<\/p>\n

+ Play tennis. Do something fun in the great outdoors. It’s 60 degrees, blue skies, no wind and gorgeous trees where I am:<\/p>\n

\"\"<\/p>\n

For God’s sake, do not try and catch a falling knife.<\/p>\n

Know that everything you read and everything you see on BubbleVision is designed to sell ads. You can sell ads by being negative, i.e. recommending doing nothing or shorting.<\/p>\n

And little of it makes sense. Tesla sports a P\/E of 66. It’s up today. Amazon sports a P\/E of 85. It’s down today. Go figure.<\/p>\n

Time for a nice cruise<\/strong><\/span><\/p>\n

This thing is billed as “The World’s Only Luxury Icebreaker.<\/em>“<\/p>\n

They’re taking bookings for cruises to places you’ve never visited (and probably never want to ).<\/p>\n

\"\"<\/p>\n

Notice the stairs. You can walk on the North Pole. I don’t make this stuff up. I couldn’t.<\/p>\n

Where did you catch covid? At the north pole. You’re kidding me? No. It was gorgeous! Last place on our Bucket List.<\/p>\n

Don\u2019t hit a deer<\/strong><\/span><\/p>\n

Our neighbors hit one in their Tesla.<\/p>\n

They did $19,000 damage. Their Tesla now lives in the repair shop, for shortage of spare parts. It’s been there a month.<\/p>\n

The deer survived. They knocked on a door of a nearby house and asked if they had a gun?<\/p>\n

The neighbor said Yes. He produced an AR-15 assault rifle, put it into single shot mode and did away with the ailing deer.<\/p>\n

\"\"<\/p>\n

They made a mental note to never argue with that fellow.<\/p>\n

No one volunteered to prepare bambi-burgers that night.<\/p>\n

The best hearing aid I’ve ever worn<\/strong><\/span><\/p>\n

\"\"<\/p>\n

Everything about this hearing aid is wonderful. They’re comfortable. They amplify just right. Not too loud. Not too soft. They have great customer service. I have spoken to them twice. They have great instruction manuals.<\/p>\n

You can use them listening to TV. On the phone.<\/p>\n

For the first time. I’m comfortable wearing hearing aids all day.<\/p>\n

These are better than the many-thousands-of-dollars hearing aids I have in my special junk drawer.<\/p>\n

Buy them here.<\/strong><\/a><\/p>\n

I love this<\/strong><\/span><\/p>\n

\"\"<\/p>\n

A warning<\/strong><\/span><\/p>\n

This is popping up every day on my Windows 10 laptop:<\/p>\n

\"\"<\/p>\n

It will pop up on yours soon too. Do not hit the Download and install<\/strong> button. You do not want this horrible operating system. I tried it. I hated the new interface. Couldn’t figure it out But, worse, several of my favorite software programs — the ones I use every day — didn’t work on it.<\/p>\n

If you buy a new laptop or PC and it comes with Windows 11, know that you can easily downgrade to Windows 10.\u00a0 I’ve done it twice with two new Lenovo ThinkPad machines.<\/p>\n

Why do I like this?<\/strong><\/span><\/p>\n

\"\"<\/p>\n

These used to be some of my favorite stocks<\/strong><\/span><\/p>\n

\"\"<\/p>\n

One day they will again be among my favorite stocks — but not now.<\/p>\n

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

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

Accept that the world has changed. Earnings do matter. P\/E s do matter. A little. But what really matters is sentiment. Right now sentiment is awful for stocks. Don’t fight the Fed. The world is rife with rumors. Apple has a hiring freeze. Microsoft is firing people. Disney’s Shanghai park is closed forever because of […]<\/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-59355","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/59355","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=59355"}],"version-history":[{"count":15,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/59355\/revisions"}],"predecessor-version":[{"id":59411,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/59355\/revisions\/59411"}],"wp:attachment":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=59355"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=59355"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=59355"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}