Hum. This sounds familiar Roger. Overuse of steroids leads to
opposite of desired result or unexpected outcomes. Bodybuilders who
abuse anabolic steroids shrink in, ah certain parts of their
anatomy. Your shoulder is another victim, IMHO.
Well, the $CRX is an index of commodity STOCKS. That $CRY was
not found.
There is also this:
$GNX
S&P GSCI Commodity Index - Spot Price
I had used DBC sometimes as an intraday alternative to $CRB,
which is only EOD.
Regardless, $CRB is bouncing this week. It's too soon to tell if
this is merely a bear market rally or making the bottom, after the
peak since 2011 that Matt covered in the Commodity Newsletter on
Sunday.
Finally, yes agree on oil. It is not called "black gold" for
nothing!
Seems a bit of "drama-queen" for folks to whine over the timing,
before or after the close.
Especially the day after Matt improved point-performance by 40%!
Check & see 4 yourself.
Tad51has a great point. Perhaps this is a workable
approach, like this:
"If SPY closes at or above/below
$180.xx, then a LONG signal will issue at the close. Trade if and
how you see fit. Trades can be entered before the close if or as
one is confident of the price-target for the signal will be
achieved."
While this is a small amount of effort, it is still easier than
predicting the future.
Yes, until NSA, snoopers et al. declare this illegal, come at
dawn with a platoon of "police" in body armor and machine guns to
your suburban home, block off the ends of the street, kill your dog
and announce their raid by smashing your front door withOUT warning
"for the officers' safety." They take the computers and you to
jail. The warrant is "sealed" for national security reasons, per
the US Secret Service on accusations that you are engaged in a
multinational counterfeiting & money-laundering conspiracy and
you are considered a flight risk. No bail for you!
There were hearing in Congress on this very subject just last
week. They will change the laws and make bitcoins illegal and you a
criminal, a felon!, all retroactively. Just wait until it is tied
to funding terrorism somehow. That will be perhaps the only
warning.
Great chart jroger. I look at ratios too. What if the unit of
measure is something the farthest possible opposite from the
dollar? That would be things and stuff, like commodities, yes? Here
is my chart that shows the ongoing all-sector, all asset class,
worldwide unwinding of the commodity market blowoff in mid-2008.
That took roughly 6 to 7 years on the upside and is not done to the
downside.
Most stretched and rising are low-grade corporate bonds, and US
stocks. Housing is looking dicey too. With all the drama about
gold, it is still poised for more downside.
China's yuan is perhaps the only major global currency that is
(involuntarily) rising versus commodities. That's pretty strange,
as everywhere else there are coordinated efforts to devalue
currencies.
My summation is the more financial and contrived or derived an
instrument, the more likely it is to be overvalued versus things
that one can both touch and use. We have not reached the time when
food, fresh water, and the other things one either grows or mines
are more valuable than gold. But that day may come.
We are experiencing the unwind or the hangover of too much
financialization by getting back to our roots of creating wealth
the old fashioned way, by growing or mining it.
Bad government policy is a terrible thing to waste, and so, it
must be shared with everyone. Remember, the US government put in
place the policies that created the housing bubble, which was a
perfect example of financialization of something ordinary.
This sounds promising indeed. Categories and attributes of/for
trades can help a member to sort easily for something suited to
his/her specific needs and preferences. Good idea Steve.
Those puts are no longer available for that price.
Congratulations on a trade that looks quite smart. I just wish that
I had thought of this myself. Bravo!
(link)
Deflation ahead! from the
FT: US banks warn Fed interest cut could force them to charge
depositors
Key points: This is a potential side-effect of one strategy the Fed may use soon to offset an
eventual “tapering” of the $85bn a month in asset purchases that
have fueled global financial markets for the last year.
Tapering – perhaps as soon as December – creates a Fed
desire for a different way to add stimulus at the same time. The
article explains in detail.
No joke and very real possibility. Not exactly a Cyprus-
or Irish-style "bail-in." Yet. -- But the days of "free" checking may truly be over for
good.
As the article explains, the fed thinks (somehow) that
when parking gazillions overnight at the fed in repos will no
longer pay, that magically the banks will just resume lending to
ordinary folks and small businesses instead to replace the money no
longer earned from Interest on Excess Reserves (IOER).
Of course, that prediction is a cruel joke, a grim
(Grimm!) fairy tale.
The top-level outline gives Iran tangible benefits in trade
today for promises to be good in future:
"
Suspend certain sanctions on gold and precious
metals, Iran’s auto sector, and Iran’s petrochemical exports,
providing Iran approx. $1.5 billion in revenue."
QUESTION: Is there a credible explanation for what "
suspending certain sanctions on
gold, etc..." means for supply/demand & prices
please? - Thanks!
The community is delayed by three days for non registered users.
Dittos Matt. Mastering any concept
Matt, excellent newsletter!
Posted by cubby on 5th of Dec 2013 at 04:34 pm
Dittos Matt. Mastering any concept requires review and regular reinforcement. The topics from tutorial are a good example. Thank you
Hum. This sounds familiar Roger.
SPX
Posted by cubby on 5th of Dec 2013 at 10:43 am
Hum. This sounds familiar Roger. Overuse of steroids leads to opposite of desired result or unexpected outcomes. Bodybuilders who abuse anabolic steroids shrink in, ah certain parts of their anatomy. Your shoulder is another victim, IMHO.
Title: click to expand Well, the
It is hard to imagine the market rallying from this ...
Posted by cubby on 5th of Dec 2013 at 05:21 am
Well, the $CRX is an index of commodity STOCKS. That $CRY was not found.
There is also this:
I had used DBC sometimes as an intraday alternative to $CRB, which is only EOD.
Regardless, $CRB is bouncing this week. It's too soon to tell if this is merely a bear market rally or making the bottom, after the peak since 2011 that Matt covered in the Commodity Newsletter on Sunday.
Finally, yes agree on oil. It is not called "black gold" for nothing!
Risky? Worse for employees. Watch
MMT
Posted by cubby on 4th of Dec 2013 at 06:10 am
Risky? Worse for employees. Watch out for Boko Haram! Beheading is typically fatal.
We've all been telling ya.
slammed today
Posted by cubby on 3rd of Dec 2013 at 02:09 pm
We've all been telling ya. Olivia! She's gonna be great.
Anyone: What spiked oil by
Posted by cubby on 3rd of Dec 2013 at 01:57 pm
Anyone: What spiked oil by 2 bucks in an hour? Thanks!
Was there economic news, supply short or some mid-east tension?
Fair Price Of Bitcoin declared as $0
Another version of Cyprus, except instead of diluted bank stock, ...
Posted by cubby on 3rd of Dec 2013 at 07:09 am
Link to article Sell, sell, SELL! (Cramer voice)
Seems a bit of "drama-queen"
SPY Pro system is taking a long at the close
Posted by cubby on 2nd of Dec 2013 at 05:47 pm
Seems a bit of "drama-queen" for folks to whine over the timing, before or after the close.
Especially the day after Matt improved point-performance by 40%! Check & see 4 yourself.
Tad51has a great point. Perhaps this is a workable approach, like this: "If SPY closes at or above/below $180.xx, then a LONG signal will issue at the close. Trade if and how you see fit. Trades can be entered before the close if or as one is confident of the price-target for the signal will be achieved."
While this is a small amount of effort, it is still easier than predicting the future.
Yes, until NSA, snoopers et
Another version of Cyprus, except instead of diluted bank stock, ...
Posted by cubby on 1st of Dec 2013 at 04:13 pm
Yes, until NSA, snoopers et al. declare this illegal, come at dawn with a platoon of "police" in body armor and machine guns to your suburban home, block off the ends of the street, kill your dog and announce their raid by smashing your front door withOUT warning "for the officers' safety." They take the computers and you to jail. The warrant is "sealed" for national security reasons, per the US Secret Service on accusations that you are engaged in a multinational counterfeiting & money-laundering conspiracy and you are considered a flight risk. No bail for you!
There were hearing in Congress on this very subject just last week. They will change the laws and make bitcoins illegal and you a criminal, a felon!, all retroactively. Just wait until it is tied to funding terrorism somehow. That will be perhaps the only warning.
Yes, but if the quantum of measure is not dollars, then wow ...
It is hard to imagine the market rallying from this ...
Posted by cubby on 29th of Nov 2013 at 07:25 pm
Great chart jroger. I look at ratios too. What if the unit of measure is something the farthest possible opposite from the dollar? That would be things and stuff, like commodities, yes? Here is my chart that shows the ongoing all-sector, all asset class, worldwide unwinding of the commodity market blowoff in mid-2008. That took roughly 6 to 7 years on the upside and is not done to the downside.
Most stretched and rising are low-grade corporate bonds, and US stocks. Housing is looking dicey too. With all the drama about gold, it is still poised for more downside.
China's yuan is perhaps the only major global currency that is (involuntarily) rising versus commodities. That's pretty strange, as everywhere else there are coordinated efforts to devalue currencies.
My summation is the more financial and contrived or derived an instrument, the more likely it is to be overvalued versus things that one can both touch and use. We have not reached the time when food, fresh water, and the other things one either grows or mines are more valuable than gold. But that day may come.
We are experiencing the unwind or the hangover of too much financialization by getting back to our roots of creating wealth the old fashioned way, by growing or mining it.
Bad government policy is a terrible thing to waste, and so, it must be shared with everyone. Remember, the US government put in place the policies that created the housing bubble, which was a perfect example of financialization of something ordinary.
Attribution within chart. Chart speaks
RyanDetrick Last 2 times bulls-bears >40? Oct '07 and April '11. Down 14.6% and 15.1% six months later. $SPY Bearish
Posted by cubby on 29th of Nov 2013 at 12:02 pm
Attribution within chart. Chart speaks for itself. Yikes!
When is the full moon and option-expiration for January?
I predict she can trade
Quick Market Newsletter
Posted by cubby on 29th of Nov 2013 at 03:12 am
I predict she can trade and chart soon like Dad!
Here's scary bubble chart. Happy Thanksgiving.
Now everyone, get ready, SHOP!
webinar relating to various trade setups (flags, breakouts, bounce plays, wedges, etc.
Steve, I have a request
Posted by cubby on 27th of Nov 2013 at 03:56 pm
This sounds promising indeed. Categories and attributes of/for trades can help a member to sort easily for something suited to his/her specific needs and preferences. Good idea Steve.
Ditto that. The triggers on
Steve, I have a request
Posted by cubby on 27th of Nov 2013 at 02:19 pm
Ditto that. The triggers on the charts would be nice combined with a target.
Creates no issues, as it is not personalized nor is it any recommendation. Just a setup to review and consider.
Great idea!
Those puts are no longer
gdx - in for the trade
Posted by cubby on 27th of Nov 2013 at 01:34 pm
Those puts are no longer available for that price. Congratulations on a trade that looks quite smart. I just wish that I had thought of this myself. Bravo!
Are we there yet? Answer:
SPX 5 min intra day
Posted by cubby on 25th of Nov 2013 at 02:14 pm
Are we there yet? Answer: Perhaps not even close.
(link) Deflation ahead! from the FT: US
Posted by cubby on 25th of Nov 2013 at 12:31 am
(link) Deflation ahead! from the FT: US banks warn Fed interest cut could force them to charge depositors
Key points: This is a potential side-effect of one strategy the Fed may use soon to offset an eventual “tapering” of the $85bn a month in asset purchases that have fueled global financial markets for the last year.
Tapering – perhaps as soon as December – creates a Fed desire for a different way to add stimulus at the same time. The article explains in detail.
No joke and very real possibility. Not exactly a Cyprus- or Irish-style "bail-in." Yet. -- But the days of "free" checking may truly be over for good.
As the article explains, the fed thinks (somehow) that when parking gazillions overnight at the fed in repos will no longer pay, that magically the banks will just resume lending to ordinary folks and small businesses instead to replace the money no longer earned from Interest on Excess Reserves (IOER).
Of course, that prediction is a cruel joke, a grim (Grimm!) fairy tale.
Trades closely with oil yet
FST
Posted by cubby on 24th of Nov 2013 at 10:08 pm
Trades closely with oil yet more beta. Looks good, but if Iran deal influences oil price tomorrow, then it may suffer. Long term agree completely.
Iran Deal, impact on gold?
Posted by cubby on 24th of Nov 2013 at 10:33 am
The top-level outline gives Iran tangible benefits in trade today for promises to be good in future:
" Suspend certain sanctions on gold and precious metals, Iran’s auto sector, and Iran’s petrochemical exports, providing Iran approx. $1.5 billion in revenue."
QUESTION: Is there a credible explanation for what " suspending certain sanctions on gold, etc..." means for supply/demand & prices please? - Thanks!
Works every time ...
Home improvement stocks liquidating
Posted by cubby on 22nd of Nov 2013 at 05:24 pm
Works every time ...