Investors 411 Blog

by Barr Jozwicki
July 10, 2012

Reaching a Tipping Point?

Author: Barr Jozwicki - Categories: Market Update - Tags: , , , , , , , , , ,

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Reaching

A Tipping Point

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Why this below comment is so import is its from

Mervyn King,

Governor-Bank of England.

London is the recognized Banking Capital of the world

[It Should be From Ben Bernanke -  Taibbi]

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“It is time to do something about the

banking system…

It goes to the culture and the structure of banks: the excessive compensation, the shoddy treatment of customers, the deceitful manipulation of a key interest rate, and today, news of yet another mis-selling scandal.”.

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Banksta

It’s Not just 411 and a few others shouting

Bankster

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Frequent Commenter

JIM J

is the author of this editorial

Many thanks!

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The TOO BIG TO FAIL BANKS ARE

CORRUPT, FRAGILE, GROWING AND

IN CONSTANT NEED OF BAILOUTS.

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  • JPM received $29 billion basically 0% loan to buy Bear Stearns. UNPRECEDENTED


  • Too Big to fail JPM has/is getting ANOTHER $400 to 500 billion. UNPRECEDENTED


  • Just the too big to fails that have members on the Fed board have received, like JPM, over $4 trillion. UNPRECEDENTED


  • And the Fed continues to shovel it out to the group that almost destroyed the financial structure of the world UNPRECEDENTED


  • A group that makes hidden trades in  financial WMD’s (Warren Buffett term) UNPRECEDENTED

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  • An opaque casino market that is over leveraged to the tune of $700 trillion dollars UNPRECEDENTED


  • Too big to fail banks that skim profits in High Frequency trades (see Paul of Barr to explain HFT’s) UNPRECEDENTED


  • Too big to fail banks that, like the mafia (Matt Taibbi) rig the bond market UNPRECEDENTED


  • Too big to fail banks that rig 10′s of trillions in LIBOR related loans for decades. UNPRECEDENTED


  • Too big to fail banks like JPM that lost 30% of its value because no one knew how over leveraged the loss was UNPRECEDENTED

,

  • The banks for years get their own opaque accounting system UNPRECEDENTED

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Do YOU get the same UNPRECEDENTED treatment?

Does YOUR local small Business get

the Same UNPRECEDENTED treatment?

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Skimming from our Stock Trades, Bonds, Mortgages

Running over leveraged casino gambling with OUR money

Given continuous special bailout by OUR Fed

Owning our Politicians with Their Contributions

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Today’s reads

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THE LONG CON – How the Too Big to Fails

have been stealing from for decades

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THE MICE THAT ROARED How cities/towns

are starting to defy Wall Street Bankstas

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PREDATOR NATION: Corporate Criminals,

Political Corruption, and the Hijacking of America

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STOCKS

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MORE STOCKS IN NEXT 411

For Now

Long Term Outlook

3+ months

Remains Unchanged

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NEUTRAL

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AS ALWAYS, DO YOUR OWN RESEARCH BEFORE INVESTING

ALL TRADING INVOLVES RISK & POTENTIAL LOSS OF PRINCIPLE

CHECK ALL DATA, I MAKE MORE THAN GRAMMAR  ERRORS

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June 26, 2012

The Mafia State

Author: Barr Jozwicki - Categories: Market Update - Tags: , , , , , , , , , , , ,

The Mafia State;

Banks Owning Government

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Image Victor Juhasz/Rolling Stone

“There’s vast criminality


in Wall Street now.


It’s bribery, theft, fraud,


bid rigging, price fixing,


gambling, loan sharking.


All of these things,


it’s all organized.”


MATT TAIBBI

________

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STEP ONE

Banksters/ Vampire Squids

Buy the Government

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OpenSecrets.com

Lists US politicians campaign contributors

Let’s focus just on the heads of the Banking Committee

in the Senate and House

Spenser Bachus R

Tim Johnson D

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Their largest campaign contributors

are all

Bankstas

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We all remember 2008

[Investors411 2/27, 28, & 29]

Profits Bonuses & Bailouts

all went to the Bankstas



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But Bankstas became far more than

America’s Biggest

Welfare Queens

..

“Finance & the Mafia State”

The Above is a Link to a Yves Smith Editorial

from her highly rated blog Naked Capitalism

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The Mafia buys the Cops,

Bankstas buy the

Government

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Focus – JPM the biggest,

too big to fail,

casino gambler of derivatives

__________

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  • All 411 readers have read George’s story of  a bank’s illegal break in, theft and destruction of property at his home.

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JPM CEO

Jamie Dimon

AKA

“Diamond Jim”

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Jamie Dimon

has sat on Board of Directors of

NY FED since 2007-

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  • Since 2007 – The Fed has provided JPM with $391 billion in assistance
  • FED also provided JPM with $29 billion to buy another troubled investment bank, Bear Sterns

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It Gets worse

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“The Scams Wall Street Learned

from the Mafia”

link to Rolling Stone article


Imagine a Welfare Queen who abuses/steals from the food stamp program – She goes to jail and/or looses her right to food stamps.

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But the Bankstas, like JPM,

for decades have

never gone to jail.

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  • Foreclosed on soldiers while they were fighting in Iraq – No Problem
  • $228 million fine for bond bid riggings – No problem
  • $153 million fine for fraud in CDO trades – No Problem
  • $700 millions in Jefferson County municipial bid rigging/toxic swaps – No Problem
  • 33 million pound “record fine” – failing to keep client’s money separate from their own - No Problem
  • 450 thousand pound fine - JPM global equity chair fined for passing on inside information – No Problem

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If this is just what JPM

is getting their wrist’s slap for.

Imagine what

they are getting away with

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For more see Bill Moyers

Interview

with Yves Smith & Matt Taibbi

discussing the too big to fail bank,

JPMorgan

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The Best interview of the year!

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Finis




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February 16, 2012

Vampire Squids

Author: Barr Jozwicki - Categories: Market Update - Tags: , , , , , , , , ,

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Vampire Capitalists

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vampire squid red inside out

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Matt Taibbi’s

quote on Investment Bank Goldman Sachs –

A great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money.”

However as we’ve seen over the course of the week its not just Goldman, but Republicans, Democrats, all investment banks, lobbyists, plutocrats and a host of wealthy individuals that have turned banking into an industry full of giant vampire squids.

These giant squids are still sucking today.

-

vampire squid illustration


The Blood Sucked

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  • The rise and fall of the housing bubble.
  • massive loss in homeowner value
  • Banks collapsing others forced to merge
  • Stock markets around world melting down
  • The Great Recession
  • Massive rise in unemployment
  • Collapse threatened from Insurance (AIG) to Conglomerates (GE) companies
  • Stimulus to help (largest chunk a tax cut) increases deficit
  • “Financial Armageddon” threatened

More

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Dylan Ratigan Chart LINK

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  • Massive Debt
  • Outrageous bank fees
  • Declining Investment
  • Incentive to create debt not value
  • Loss of  finances innovation and product quality
  • Major factor in over leveraging European debt crisis
  • Banksters keep all the profits and bonuses
  • YOU pay for their losses

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Tomorrow – The Cover Up and

Some Solutions

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Republicans

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Rick Santorum

Releases 4 years of Tax returns

Simple question - If Romney and Gingrich are so proud of their wealth why not release 4 years of their returns like Santorum?

Vampire capitalists like to hide in the shadows

Real capitalist are not afraid of how they honestly earn money

_________

Romney at Bain Capital

Is Romney

a good Businessman?

Three companies are trying to sell a product – In this case the product is a candidate labeled- a Romney, a Santorum and a Gingrich.

  • The Romney company outspends the Santorum company 20 to 1
  • The Romney company outspends the Gingrich company 5 to 1.

The Bottom Line - Santorum is slightly ahead in the polls – Make all the excuses you want, but any business manager with this kind of cash advantage  not able to sell his product by now and obliterate his competition would be hearing these  words

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You’re FIRED

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STOCKS

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Wall Street Bull & OWS Symbol

  • Mantra -INVESTORS411 has not changed its long term outlook, because this is a manipulated market. Our Central bank  has backed American banks since 2009 and the European Central Banks is now backing their Banks in the same way – by basically printing money and holding interest rates near zero.”
  • Therefore - “Anyone who wants a return on their $ greater than near 0% is pushed into assets that the ECB and Fed is manipulating higher. Our economy either gets better or the Fed has our back”

Shorter Term

  • AAPL the mother of all stocks had a 5% drop off highs (2% loss for day) and this took stocks down with it. While AAPL did go elliptical, it had above average but not huge volume behind the move.
  • From Yesterday Tom Demark is an analyst  that major firms pay 5 figure amounts to use his advise.  Using one of his indicators roughly based on the fact that AAPL has been up 11 of the last 13 days, we should start to see a correction about now.
  • About a decade ago I was taking technical analysis classes at MIT with my friend Harold and I learned about Demark’s 13 day trend exhaustion Indicator. It has worked far more often than not when I have applied it. It sure worked yesterday.

—————-

  • Our #1 technical forecasting tool, the McCellan Oscillator (MO) fell to -27.60. 50 Day Moving Average at +22.71 (for more see  STRATEGY link at top of blog and scroll down) Now in a clear falling (bearish) pattern. However, with such a high 50 dma we are near oversold/reversal of trend territory.  But still = NEUTRAL
  • 2 year MO chart This chart shows many reversals in trends  start around -60. Big  meltdowns 10%+ can go to -100 to -140. Since the 50DMA is so high (+23) we start oversold territory at -60 + +23 = -37

Investors411 has used this one simple timing indicator because it has been so successful for over a year.

  • What used to be the European canary in a coal mine is chirping, but a negative trend has started.
  • Italian 10 year bond yield is now at 5.84% - No where near the danger zone of 7.0% of just a couple weeks back. But its moved up 5 days in a row. This may be just a technical rebound, but clearly now something to watch especially if  yield goes up at a rapid rate.
  • From Yesterday  - Bottom Line - “An AAPL led technical market correction is very possible. A 2 to 5% correction would be ”healthy” for stocks and a buy the dip opportunity.”
  • A yield approaching 7% would mean European manipulators are loosing control. You can be sure Investors411 will give a shout if the Italian Bond yield gets too high

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Paul’s Corner

A Shot Across The Bow!

Well gang the early shots have been fired across the bow. This bull market may not be over but the signs  point that way. I have linked to two charts of yesterday’s action with the VIX and the TVIX (2x VIX). Down kahuna’s for have been fired and the %B*BW are now up into early warning dangerous territory.

VIX Link

TVIX Link

I’m not going to explain what these charts show as Ian Woodward in his recent video does a great job of explaining. This is an excellent video, and it shows why I follow Ian. He is an excellent teacher. Please watch the video!

Ian’s video explaining these charts

This may be a minor blip in the bull market we have recently enjoyed so be careful, let’s let the market tell us where it is going. At the moment we have been warned, please be careful with any new long trades.

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Longer Term Outlook

3 months+

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Still

CAUTIOUSLY BULLISH

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AS ALWAYS, DO YOUR OWN RESEARCH BEFORE INVESTING

ALL TRADING INVOLVES RISK AND POTENTIAL LOSS OF PRINCIPLE

CHECK ALL DATA, I MAKE MORE THAN GRAMMAR  ERRORS.

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January 4, 2012

Iowa or Montana

Author: Barr Jozwicki - Categories: Market Update - Tags: , , , , , , , , , , , ,


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Last Night In Iowa…

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There was an Election

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All the sheep, ready to get fleeced, were breathlessly watching network media for the results and the same old analysts spin

The Rolling Stone’s  Matt Taibbi found


The Real News Yesterday…


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Came From Montana

(Click on photo for Link)

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You can spend your life following the herd of  sheep,  but maybe reality is something different?


What happened in Montana?

Click on the Montana Mountain

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STOCKS

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Wall Street Bull and OWS Symbol


  • Europe, again  lead Wall Street bulls by their nose rings to a rally yesterday. To find out how Europe will move US markets today See overnight data below.
  • Our #1 technical forecasting tool, the McCellan Oscillator (MO) rose to +46.65 . 50DMA at +3.65 A wee bit of bearishness (for more see  STRATEGY link at top of blog)NEUTRAL/bearish
  • Major news impacting everything oil related is the tougher sanctions imposed by US on Iran. Iran’s currency fell a massive 12%. Their Central Bank intervened and pushed the currency up 20%. This is major trade war that has consequences.

Overnight Data From Europe

Germany’s DAX

Italian 10 year bond

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Paul’s Corner

Your Stock List 2012

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Your Stock List has been a great exercise the past few years. It has produced some great winning stocks and toasted the S&P 500 quite a few times.  As we all know 2011 was a nasty year to try to make a profit in the market. Between the US Congress and the continuing melt down over in Euroland it was tough to make an investment or a swing trade for more than a few days.

Barr and I are always in discussion how to improve the list and make it more responsive to market conditions.  Rather than working with a stagnant list, we are going to change to an open or revolving list. This will enable us to quickly drop a stock that should be sold for technical or fundamental changes and be quickly replaced with a stock that is rotating into a good buy position.

The following stocks are remaining from last year’s list. These stocks could be still bought, held, or traded as you see fit.

AKRN, CATM, CMG, DLTR, FTK, HANS, IBM, MA, SIMO, TSCO

Please refer to Paul’s Corner from 12/28 for recent evaluation of these stocks.

Link:

We are going to try to follow group and sector rotation a bit closer this year and add or drop stocks that are suitable. The oil service stocks, drillers, pipelines etc. continue to be doing well. Two stocks in this sector are being added to Your Stock List 2012.

ENB – Enbridge Inc. engages in the transportation and distribution of crude oil and natural gas primarily in Canada and the United States. Its Liquids Pipelines segment operates common carrier and contract crude oil, natural gas liquids (NGLs), and refined products pipelines and terminals.

ENB has recently broken out of a two month base and not over extended. It is buyable with any small dip.

KOG – Kodiak Oil & Gas Corp. engages in the acquisition, exploration, exploitation, development, and production of natural gas and crude oil in the United States. The company’s oil and natural gas reserves and operations are primarily concentrated in the Williston Basin of North Dakota and Montana, and  the Green River Basin of Wyoming and Colorado.

KOG has been on a nice lower left upper right (LLUR) climb since October. It is extended from the 200 dma but enjoys riding up the 17 dma.  Refer to the “Buy The Dip PDF” for buy opportunities.

Buy The Dip Link:

Your Stock List has been a success because of your participation with suggestions for the list. We will continue to ask for your stock suggestions.  We want to encourage you folks to suggest additions as you find them rather than when we change the list. If you stumble onto a great new stock, fire off an email to Barr at any time and we will check it out.

Any new stock suggestions? What about BKI, should we add it to Your Stock List 2012?

Disclaimer – all discussion is made for education only. At any time any stock may turn into an instant dog, it’s your responsibility to monitor your portfolio. Please do not count on Investors411 to issue a sell order and save your grand kid’s inheritance. At the time of writing I personally have positions in stocks included in Your Stock List 2012.

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Mosaic

Combination Option Trade


Investors411 is encouraging another Put /Call Hedge or comnination Trade in Mosaic (MOS)

MOS reports after the bell today and hopefully there will be enough of an impact for the stock to move and make a profit.

You buy both a Put and Call option near the price of the Stock for a Jan. 6th or 21st  expiration. Right now that looks to be about 52.5.

The specifics of this trade were brought up by Critic and others in the comments section of yesterdays blog. (scroll down)

You have to have understanding of options to make this trade and you risk perhaps all the $ you use to buy the Put and Call.

MOS was up to 4.28% to 52.59 yesterday. Currently,  for the 6th one call is $133 and put  $129 – That’s $261 or as I calculate about 5% move to break even. This seems possible. The 21st is $212 and $205 = $415. About an 8% move to get even.  Also possible. More time = higher price. A more conservative trade.

CAUTION – I do not have a great deal of experience with combination trades and obviously enter them at your own risk. I guarantee we will NOT make almost 200% like the GMCR combination trade.

By noon in comments section, I’ll make a decision on which expiration date. Perhaps both and what price. Will post it in comments section.

This is a high risk trade

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Longer Term Outlook

3 months+

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CAUTIOUSLY BULLISH

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AS ALWAYS, DO YOUR OWN RESEARCH BEFORE INVESTING

ALL TRADING INVOLVES RISK AND POTENTIAL LOSS OF PRINCIPLE

CHECK ALL DATA, I MAKE MORE THAN GRAMMAR  ERRORS.


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November 21, 2011

The Big Lie

Author: Barr Jozwicki - Categories: Market Update - Tags: , , , , , , , , ,

The Big Lie

Super Committee


Credit to the Tea Party for forcing the issue of deficit reduction to a head. It is a serious long term issue.

Virtually all news outlook say congress is deadlocked over what to cut and/or tax to further balance the budget. This can gets kicked down the road because no penalties come into effect till 2013 – after the election.

Unfortunately, because of the attention focused on the deficit, almost nothing has been done about the clear and present danger that our financial system has created.

  • $5 to 10 trillion in new loans or debt created by the financial meltdown
  • The loss of 8 million jobs.
  • The @20 to 25% decline in the #1 asset of middle class American’s – their homes
  • 6,000,000 foreclosures since 2007 with 4,000,00 in the works – Almost 1/2 of all mortgages under water.
  • A major European fiscal meltdown impacting the world.

Unfortunately the Tea Party and Republicans  have a NO COMPROMISE stand on cutting only areas like social security, education, medicare etc  that target the middle class, seniors and the poor.

Democrats are willing to compromise on these issues as long as wealthy Americans also share the burden. For every $3 in tax cuts you tax wealthiest Americans and mega corporations $1.

The above inspired by

  • Sunday’s blog on OWS
  • Matt Taibbi rebuttal to David Brooks

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The Big Lie

“On either approach, [to deficit reduction] the poor and middle class would suffer grievously while the rich and powerful would win yet again”

From Columbia prof.  David Sachs –  LINK to his editorial

“The key to understanding the U.S. economy is to understand that we have two economies, not one. The economy of rich Americans is booming. Salaries are high. Profits are soaring. Luxury brands and upscale restaurants are packed. There is no recession.

The economy of the middle class and poor is in crisis. Poverty and near-poverty are spreading. Unemployment is rampant. Household incomes have been falling sharply. Millions of discouraged workers have dropped out of the labor force entirely. The poor work at minimum wages to provide services for the rich.”

Reality

“When Obama has one of his many $35,800-a-plate fundraising dinners, he doesn’t meet young people struggling to cover tuition payments…The big money on the Republican side is even worse.

The upshot is that both parties champion the 1 percent, the Republicans gleefully and the Democrats sheepishly.”

Sach’s editorial is full of cooberating  data


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OWS

The reason lobbyists and the media for the 1% are in a jihad attacking the messenger of OWS is because they are so afraid of this message getting out – LINK to message/Short Video


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STOCKS

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From Friday

“The Whole Financial World is Skating on Thin Ice”

The Ice got a whole lot Thinner over weekend

Friday’s Warning from Investors411 -

“Like in the Wizard of Oz I don’t know how long the man(men) behind the curtain can keep holding our fundamentally flawed financial system together. Downside risk grows every day, because little is being done about fixing the root cause of our problems…If/When the ice breaks on the opaque, deregulated, & manipulated financial system great danger lies below.”

Friday market was basically flat. Technically, this confirmed the big drop on Thursday. = Bearish

Market Open is dominated by European trading, The DAX (Germany) is down 2.58 at 8:45 AM EST. Expect US markets to follow.

The single largest reason the US and most European markets were flat Friday is the ECB bought enough Italian and Spanish bonds to keep their rate of the 10 year bond below 7%.  The 7% level seems to be the tipping point number where Ireland, Portugal and Greece began their” controlled” default on their bonds.

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Reading The Tea Leaves

Our #1 technical forecasting tool, the McCellan Oscillator fell to -40.38. 50DMA at +19.15 = Neutral/ Bullish

Repeat From Thursday However, if you read the MO like a chart it has just broken a support level and that’s Bearish

On Aug 8th the MO reached -141 the lowest its been ( I’m looking at a 3 year chart that includes the 2009 meltdown) That’s a hundred point drop.

So overall technical conclusion is -

there is a lot of wiggle room for markets to technically roast and toast before some sort of rebound occurs.

Repeat From Friday - Europe again dictates the open This makes holding stocks overnight very risky. If you can handle an event driven market where your stock/ETF/mutual fund jumps 2 +% up or down at the open then this market is for you.

Commodity prices fell like stones Thursday, for the most part held onto those losses. If commodities prices fall – stocks will follow.

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Event Driven Put/Call Hedge Trade

[ Straddle or Combination Trade]

This trade depends on an earnings report [We could also use any expected announcement, like an upcoming FDA drug approval] and earnings season is over.  So very few trades present themselves like the GMCR that made 200% and the ANF that made 70%


Kudos to JSWho writes a column on puts and calls and announce in the comments section that he was shorting this weeks market by using calls on SDS. This looks like a very wise move to protect his long positions.


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Positions

Hopefully Longer term positions.

We just cannot seem to get traction on any long term trend, besides volatility.

GLD - DGP is the more risky double long gold ETF. 1/2 position added at 173.85. Currently at 167.43. Placing stop at 165.20. Bummer – GLD fell to 166.60 and our stop was not hit. It will get hit if stocks open lower today and we might get a lot lower price.

USO - (2x oil prices ETF UCO riskier) This would be a replacement for SPY. Bought 1/2 position at 37.35. Currently at 38.23. Placing Stop at 37.35 Stop was hit and this position is closed = 0% gain

EUO (double short the Euro currency)  Will be buying EUO on the dip for the Investors411 portfolio. 1/2 position Bought at 18.60 Friday

Reasoning – Simple Europe has a lot of unsolved problems and this is going to hurt their currency.

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Longer Term Outlook

3+ months

NEUTRAL


Investors411 has 5 different valuations - BULLISH, CAUTIOUSLY BULLISH, NEUTRAL, CAUTIOUSLY BEARISH, and BEARISH.

Everything written in BROWN is a repeat from a previous day(s)

AS ALWAYS, DO YOUR OWN RESEARCH BEFORE INVESTING

ALL TRADING INVOLVES RISK AND POTENTIAL LOSS OF PRINCIPLE

CHECK ALL DATA, I MAKE MORE THAN GRAMER ERRORS.

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November 20, 2011

Et Tu Barack

Author: Barr Jozwicki - Categories: Market Update - Tags: , , , , , ,

A Photo Essay

Pepper Spray

84 Year Old OWS Protestor Dorli Rainey

From Seattle Pi

Liz Nichols Occupy Portland Pepper Spray

“Icon” Portland Oregon OWS Photo


Students at UC Berkley OWS from Aggie TV

You Tube – Short Video & Long Video


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Criminal Prosecutions of

Financial Institutions


economix 15trac custom1 Obama Prosecuting Fewer Financial Crimes Than Under Reagan or Either Bush

Et Tu Barack Obama


The above inspired by:

  • OWS “Banks got Bailed Out, We Got Sold Out” Chant
  • A Deal That Wouldn’t Sting NYT Gretchen Morgenson
  • How To Prevent A Housing Recovery Seeking Alpha’s Bruce Judson
  • 6,000,000 foreclosures since 2007 and another 4,000,000 in the works MSNBC
  • Why Isn’t Wall Street in Jail? Rolling Stone’s Matt Taibbi
  • Some on the left who believe only right wing politicians are in bed with shadow “banksta’s”
  • Mostly because from college students to 84 year olds – there are those willing to sacrifice and fight for what they believe in.

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November 16, 2011

YSL #7

Author: Barr Jozwicki - Categories: Market Update - Tags: , , , , , , , , , , , ,

YOUR Stock List #7

5 of the last 6 stock Lists have toasted our benchmark S&P 500


Scroll down to next set of Trumpets

For More


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OWS’s Victory


Its been two months since OWS was formed. Occupy Wall Street is

Winning because they have succeeded in engaging the country in a conversation about income inequality.”[Data/Story Link]

This is obvious because every right wing media outlet from the Murdoch Empire to CNBC is on a Jihad to destroy the messenger instead of the message. That’s how frightened they are of the truth of American income inequality.


It wasn’t the OWS protestors that destroyed 8 million jobs in the USA.

LINK


The Last Thing OWS Should do -

Turn Into Anything Like The Tea Party



Look what the Tea Party has given us for Republican Presidential candidates-

A Group Disaster

Ultra Right Wing – Fred Perry, Newt Gingich, Michael Cain, Ron Paul, Michele Bachman, and the guy with world class hair, Mitt Romney, that has taken so many ultra right wing positions he makes Ronald Reagan look like Bernie Sanders.

Last primary we had Clinton and Obama who never adopted ultra left wing positions as extreme. We did have a very very minor candidate Dennis Kucinich who was ultra left, but NOT a group disaster.

I’m very happy with the OWS message. If they want to stand in shifts and have an overnight vigils through the winter at Liberty Square/Zuccotti Park that’s fine with me. Hell, I might even join that.


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STOCKS

vampire squid illustration

The Vampire Squid (Goldman Sachs)Returns.


Goldman Sachs, the Banksters who are infamous for privatizing gains and socializing risk are back. Read Investors411 or Matt Taibbi’s blogs for the past year(s) for more.

Mario Monti, GS’s former International Advisor has just been appointed PM of Italy.

Remember it all started when a former CEO of GS, Robert Rubin, who was the head of US Treasury in 1998. That’s  when we deregulated all those investment banks that are now out of business, needed bailouts and again shadow banks that survived are too big to fail.

Short term good for markets because too big to fail shadow bank gain will be privatized gains and everyone else will get the socialized risk = The Sucker will pay and pay and pay – Long term greater chance of European recession spreading to rest of world.


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Your Stock List

Announcing the Formation Of YSL #7

[ Yes it is #7, Due to a Rick Perry on my part I mislabeled one YSL -

LINK - Scroll to bottom]

Here’s how it works

You send in a short list (try limiting to 3) of stocks that you like. Requirements.

  • 50 Day Price moving average should be moving up
  • The stock is liquid. Over $3 million in dollars traded per day (example – 300,000 shares X $10.00 per share or 600,000 shares X $5 per share)
  • Send them to my email address – found at bottom of editor/help page.


Paul & I will look over and choose the best 10 to 15.

5 of the last 6 YSL’s have toasted the S&P 500

YOU made the Difference

Friday at 4:00 is the closing date.


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Reading The Tea Leaves


Our #1 technical forecasting toolthe McCellan Oscillator rose to +12.20. 50DMA at +21.31. = NEUTRAL

No real technical advantage for bears or bulls.

Europe again dictates the open Germany down 0.64 at 8:42 AM EST


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Analysis of ANF Trade

Put/Call Hedge Trade  [ Straddle or Combination Trade]

This was very tame next to other images for ANF

Sex is their primary sales technique

Looking for another hedge trade that will give us an almost 200% profit like GMCR – We are NOT going to find it here, but…

Reasoning behind GMCR trade and ANF is similar

  • Hedging close to the earnings report greatly diminished the impact of outside events on the stock/trade
  • Past earnings reports had a major impact on AMF – last 1/4 created a significant price swings (9% the next day Aug. 18th – double check this)
  • A major change occurred recently and stock dropped 17% on bad outlook in Europe a couple weeks ago.

Problem is GMCR (chart) was much more volatile. It started the year at 35, moved to 115 then fell to 70 where we placed the Put/Call hedge trade. GMCR almost always had a significant move after its earnings.

ANF (chart) started the year at 57.5 rose to 77.5 then fell back to 55.7 (yesterday’s close. It’s certainly not as volatile.

  • An ANF straddle (Put/Call at 55 would cost Call = $235, Put = $158 totals $393. So, ideally if the stock was at 55 we’d need very roughly a 7% move to make $ and risk $393.
  • A combination Call at 57.5 = $119 Put at 52.5 = $77 totals $196. So 196 + 250 (55 +/-57.5 or 53.5) totals $446. You’d need very roughly an 8% move to make money, but risk much less – $196

Major CAUTIONI HAVE NOT HAD A LOT OF EXPERIENCE AT THIS AND I’M GOING TO CHECK THESE NUMBERS WITH A COUPLE PEOPLE THIS AM.

With GMCR you could feel the pressure build. There was a war on between bulls and bears on GMCR. I was not as concerned with the details. This is minor in comparison.

I’m at best luke warm to a combination trade. Combination risks less $. If I do trade this I will announce it in the comments section of the blog before 1:00PM EST.

Wording of above also subject to change.


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Positions

Hopefully Longer term positions.


GLD - DGP is the more risky double long gold ETF. 1/2 position added at 173.85.  Will add more on 2/3+% dip.

FXI - [China] Added at 38.12. Sold 1/2 at open (see yesterday’s blog) for 37.33 Loss -2% Stop/sell order at 36.25. Still more interested in selling right now. Moved stop/sell order to 36.94

USO (2x oil prices ETF UCO riskier) This would be a replacement for SPY. Bought 1/2 position at 37.35. Will add more on dip of 2/3%

.

.

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Longer Term Outlook

3+ months

Cautiously Bullish will remain in effect as long as benchmark S&P 500 stays above 1225


CAUTIOUSLY BULLISH

Investors411 has 5 different valuations - BULLISH, CAUTIOUSLY BULLISH, NEUTRAL, CAUTIOUSLY BEARISH, and BEARISH.

Everything written in BROWN is a repeat from a previous day(s)

AS ALWAYS, DO YOUR OWN RESEARCH BEFORE INVESTING

ALL TRADING INVOLVES RISK AND POTENTIAL LOSS OF PRINCIPLE

CHECK ALL DATA, I MAKE MORE THAN GRAMER ERRORS.

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October 20, 2011

Getting Fleeced

Author: Barr Jozwicki - Categories: Market Update - Tags: , , , , , , , , , , , ,

Getting Fleeced


Life is Good if you are a Banksta.


Banks are critical to the growth of any economic system.  But if you decimate the regulations and regulators who watch over the financial system then greed runs wild.

Today too big to fail banks with infusions of trillions of dollars from governments/taxpayers continue to threaten worldwide economic systems while still  torturing taxpayers and consumers.

Here’s just the latest -

  • No one goes to jail.  Our understaffed SEC (many scream cut government/cut regulators/cut regulations/cut SEC) who has often been accused of being in bed with bankstas (read Matt Taibbi) just settled with Citibank who was telling clients one thing and defrauding them by doing another.
  • Everyone from US Military Commanders to Apple Computer are held accountable for their actions. Bankstas are special.  They don’t have to mark to market their earnings results.
  • Goldman Sachs earnings (even without mark to market accounting) report is worse than expected and has a revenue LOSS – next day goes up +6%. Apple, who has to use mark to market accounting has a worse than expected earnings report and goes down -6%
  • No one will go to Jail – Price fixing scandal grows as major banks (BAC, C, JPM, DB) are accused of Price Fixing
  • Noted Economist, Prof Mark Hudson explains how European Debt Crisis is “Bankstas waging war against the people of the world”

The 1% at the top benefit enormously from banks. They reap they huge bonuses & salaries, they trade the unregulated Credit Default Swaps, and they run and invest in High Frequency Trades.

Damn it feels good to privatize those gains, socialize the losses and not be held accountable.

What do we sheep do?

(except the Occupy Wall Street protestors)

BAC and other banks save enormously when you use your debit card instead of a check. Now they charge a $5 monthly debt card fee. Again and again and again and again….


We sheep passively get fleeced.


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Stocks

egg splat crack smash broken

Another broken eggs meltdown day. NASDQ and Russell 2000 get clobbered. Dow and S&P spanked. Europe and earnings results to blame. Seeking Alpha’s “must know” stock news for today.

Some Important Points

High Frequency Traders are volumizers. They don’t have a basic fundamental bullish or bearish bias in their algorithms. They pump up the volume and therefore make price moves more distorted.  Technically, many of the algos they use do become more bullish when markets are oversold and bearish when they are overbought.

Fundamentals (example earnings) and Manipulators (example – Central Bank intervention) move markets. Technicals offer guidelines on how those markets will move. (example overbought = bearish, oversold = bullish)

Technical Forecasting Tools

  • Our primary technical forecasting tool, the McCellan Oscillator fell dramatically from 67 to 34.04. Moderately overbought = NEUTRAL/Bearish
  • Our secondary forecasting tool, the Put Call Ratio, fell to 1.12 = NEUTRAL
  • For more on these two indexes click on STRATEGY section on top of page.

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Reading Tea Leaves

  • Our technical bias (MO &PCR), in the short term, is moderately bearish. – Translation – If all the fundamental news was neutral, the market would probably go down

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Paul’s Corner

Wednesday started out on a positive note, then in the afternoon a Fed Beige Book report wasn’t well received and news out of the Euro War Zone turned negative about 2PM and down went the market. Until Greece settles it looks like an unsafe market.

GMCR has sure been getting tossed out like a bad brew these past few days. The trouble started after a David Einhorn presentation. He specializes in short sales.

Read his report.

Even with Wednesday’s soft action on the tech stocks many are starting to show life.  Here are a few to look at:

ATML Atmel Corporation designs, develops, manufactures, and markets a range of semiconductor integrated circuit (IC) products. The company’s Microcontrollers segment offers various proprietary and standard microcontrollers, such as embedded nonvolatile memory, integrated analog peripherals, and capacitive touch controllers

BSFT BroadSoft, Inc. provides software that enables fixed-line, mobile, and cable service providers to deliver voice and multimedia services over Internet protocol (IP) based networks.

IACI IAC/InterActiveCorp engages in the Internet business in the United States and internationally. The company operates in four segments: Search, Match, ServiceMagic, and Media and Other. The Search segment develops, markets, and distributes various downloadable toolbars; provide search, reference, and content services through its destination search and other Websites, including Ask.com and Dictionary.com; and aggregates

KLAC KLA-Tencor Corporation designs, manufactures, and markets process control and yield management solutions for the semiconductor and related nanoelectronics industries

RAX Rackspace Hosting, Inc. operates in the hosting and cloud computing industry. It provides information technology (IT) as a service, managing Web-based IT systems for small and medium-sized businesses, as well as large enterprises worldwide.

RNOW Rightnow Technologies, Inc. provides cloud-based customer experience software products and services.

SIMO Silicon Motion Technology Corporation, a fabless semiconductor company, designs, develops, and supplies a portfolio of multimedia data processing, storage, and transfer solutions primarily for consumer electronics applications

SPRD Spreadtrum Communications, Inc., through its subsidiaries, operates as a fabless semiconductor company that designs, develops, and markets baseband processor and RF transceiver solutions for wireless communications and mobile television markets. SPRD is a Chinese company.

Stocks listed are for education only. No buy sell recommendations are made or inferred.


__________________


Investors411 LONG Term Investments

Each day Paul (change setting from profile to activity) offers up to the minute commentary on the markets & YSL #5 in the Comment section of the blog. Catch his Paul’s Corner every Tuesday and Thursday.

Our Hedge Investment - Theory – Technology will do better than financial sector over time. Thus hedge is set to hopefully work well in both up and down markets.

  • Short Financials – Investors411 will use ultra short SKF (opened at 78.91 – sold at 71.51).
  • Long Technology - Investors411 will use ultra long QQQ (tech’s) QLD (opened at 81.13 – sold at 87.48)
  • The last half of this trade was sold or less than a -1% loss = Total lost /gained of entire trade = 0%
  • Why it was sold – See editorial above. Financials have a major advantage NOT using mark to market accounting and continued support from central banks. No trend was developing in this trade.

Taking it on the Chin.

After four very successful YOUR Stock List, the 14 stocks in YSL #5 is taking it on the chin.  The reasons

  • Two days ago CROX had a bad earnings report and fell -39%
  • Yesterday GRMC suffered from a poor forecast by a major analyst and fell -13%

___________________


Long Term Outlook

3 to 6+ months

NEUTRAL*

*Investors411 has 5 different long term valuations - BULLISH, CAUTIOUSLY BULLISH, NEUTRAL, CAUTIOUSLY BEARISH, and BEARISH.

* Everything written in BROWN is a repeat from a previous day(s)

AS ALWAYS, DO YOUR OWN RESEARCH BEFORE INVESTING

ALL TRADING INVOLVES RISK AND POTENTIAL LOSS OF PRINCIPLE

CHECK ALL DATA, I MAKE MORE THAN GRAMER ERRORS.

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May 12, 2011

The Vampire Squid

Author: Barr Jozwicki - Categories: Market Update - Tags: , , , , , , , , ,

The Vampire Squid

The People vs Goldman Sach’s

Matt Taibbi back with another editorial in the Rolling Stone. Matt’s the guy who immortalize GS as a Vampire Squid sucking on the face of humanity. He just keeps getting better and better. You can be damn sure that none of the cheerleading financial channels will dare to have him on.

Here’s Some of the money quotes

  • They weren’t murderers or anything; they had merely stolen more money than most people can rationally conceive of, from their own customers, in a few blinks of an eye
  • [Goldman Sachs] – “stands as the most important symbol of Wall Street’s aristocratic impunity and prosecutorial immunity produced since the crash of 2008…

  • used its canny perception of an upcoming disaster (one which it helped create, incidentally) as an opportunity to enrich itself, not only at the expense of clients but ultimately, through the bailouts and the collateral damage of the wrecked economy, at the expense of society. The bank seemed to count on the unwillingness or inability of federal regulators to stop them…

  • stands now on the precipice of officially getting away with one of the biggest financial crimes in history….

  • This isn’t just a matter of a few seedy guys stealing a few bucks. This is America: Corporate stealing is practically the national pastime, and Goldman Sachs is far from the only company to get away with doing it….

  • if Goldman skates without so much as a trial — it will confirm once and for all the embarrassing truth: that the law in America is subjective, and crime is defined not by what you did, but by who you are.”

“Stealing by corporate America is practically a national pastime.” The ruling wealthy plutocracy that benefits from GS rules the USA. Almost untouchable. Yet their financed media finds ways of pitting the middle class who they use and abuse against each other and the poor.

Vast amounts of wealth have been transfered to the wealthy elite over decades while they focus/fear monger you on racial prejudice, patriotism, religious bias, jealousy, greed, endless wars, cutting everything except the aristocracy.

TREND – As other countries develop their middle class, the consumers of the shrinking middle class in the USA will become even less important.

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KISS & Stocks

(Keep It Simple Stupid)

If you don’t understand a term look in up at Investopedia.com dictionary

AS ALWAYS, DO YOUR OWN RESEARCH BEFORE INVESTING!

DOUBLE CHECK ALL DATA, I MAKE MORE THAN GRAMMAR MISTAKES

_____________

Index Percentage Volume
Dow -1.02% up
NASDQ -0.93% up
S&P 500 -1.11% up
Russell 2000 -1.78% -

_____________

.

Technicals, Fundamentals & Analysis

Investors411 record - 6 years of beating benchmark S&P 500

  • The weekly jobless numbers come out today and will act as a confirmation of how the economy is doing.
  • A bad jobless number is not necessarily bad for stocks, because it means it means the potential for more quantitative easing.
  • The dollar rising means many of those who have for months been dollar bears and long commodities are getting out of their positions, This hurts stocks and you saw the damage on Silver (down 8.34%) & oil (down 5.44%) yesterday.
  • BRAVO – The US government finally won a sizable court VICTORY – Hedge Fund bigwig Raj Rajaratham was convicted on all 14 counts of insider trading
  • Translation – You decide - Hedge Funds and others will think twice because this guy should get serious jail time or this is just the tip of the iceberg. Everyones doing it and the underfunded SEC can’t begin to catch all the crooks.
  • How the Wall Street day sets up from Seeking Alpha (Not good)

_________________

Shorter Term Forecasting Indexes

There are hundreds of forecasting tools, – These two tools have worked

When they stop working Investors411 will use other Indexes

  • The Dollar (USD) [Any daily price move over +/- 0.50 is significant. Dollar usually moves inversely to stocks] Dollar rose a whopping +0.96%yesterday. Third major move higher in 5 day broke through the 50 day moving average. It’s the major reason stocks fell yesterday. Long term trend is bearish, but the short term trend is clearly bullish. For stocks = Bearish
  • McClellan Index - (MO) [The very rough guideline is over +60 = overbought market = sell positions or short stocks, & -60 = oversold market = buy stocks .] Mo on fell dramatically to +1.98. Back squarely in the middle. = Neutral

________________

Paul’s Corner

We were all set up for our 4th day of the rally, futures looked good and then after the opening bell, the heat mat of the S&P 500 turned almost solid red. “Humph looks like a trying day coming“. Reports of a growth in inventory of crude and gasoline started a slide in commodities. The EURO fell with concerns over Europe’s debt crisis, the dollar rose and you guessed it the market took a hit.

YSL 4 had mixed trading and nothing gross happened to the group. SPRD, CPHD and SAP all had a good day.  SPRD  needs to settle down and base a bit before a buy would be safe. RNOW dropped below the 50 but it did that on low volume.  Volume on many of the YSL 4 stocks was normal or even low.

*****

As I often state, I use HGSI software as my primary stock analysis program. It has great interactive charts, the best screening in the business, the ability to make your own groups and indexes along with excellent support.

Next week May 18th Jeffrey Scott a HGSI user is going to present a HGSI Webinar and will show how he uses HGSI in his successful trading. I invite any of you who are interested in a quality analysis program  and building your trading skills to watch the webinar.

The Power Of HGSI Webinar May 18th from 8:00pm to 9:30pm EDT Registration is required and the webinar is free.

See LINK

Please note, I am a HGSI user, I pay a monthly fee for the program and I receive no compensation for recommending the product.

*****

These past few months have not been easy to trade with a full stomach. Folks are asking for longer term trades,  all of the stocks on YSL have the quality for long term trades. UFS Domtar, a paper company was added to Your Stock List on August 23, 2010. Priced about 57.15 it closed yesterday at 104.26, with an 87% gain in 9 months. It also has a small dividend.  Common stocks can be nice long term investments. It looks like UFS should have not been removed from YSL.

So what’s the market going to do today? Let’s load up Quote Tracker………here we go folks another day of fun!

Remember, you are responsible for your investment decisions, and I am not.  Please do your diligence, and please take ownership for your actions.

*****

Editor’s note – Click on POSITIONS at top  of blog and scroll down for YSL 4 & 4.5 Stocks mentioned above or LINK here

________________

Dividend Stocks

Caution - The Critic (in the comments section of the blog) reminds that the two high dividend stocks NLY and ANGC are too far above their 50 day moving averages to buy now and longer term investors should wait to buy the dip.

________________

.

Positions

Reading The Tea Leaves – From Yesterday – MO has been an amazing accurate forecasting tool for the past year.  It saying we are getting near a technical top – Yesterday saw a major market reversal led by commodities (silver and oil)

Investors411 mantra has been to wait for the MO to get down toward -60 to buy.

The commodities trade (commodities rally of many months) is unwinding as the dollar goes higher.  Speculators, hedge funds, huge institutions etc. who have built up major positions are unwinding those positions. It took many months to build these positions in commodities and the dollar. It will probably take more than a week to unwind these positions.

UUP – The tracking ETF for the dollar still the index to watch.

Disclosure - I have personal ETF positions in REMX and manage a fund that has a 5+ year position in GLD. I also own NLY and AGNC mentioned above

I have a position = Either I own it personally or a member of my family does.  I also manage an account for a non profit organization.

The Investors411 PortfolioThe stocks in YSL #4/4.5, REMX, plus all trades mentioned  in this section. (example the SLV and ZLS trades mentioned in April and May) AGNC & NLY will be added on a dip

  • REMX – Still trading above 50 day moving average which would be a buying point if your interested in owning rare earth mining companies.
  • ZSL (double short silver) – A potential trade today. Silver is just a % point of two from its last week low. Silver bears are going to try break the bulls today. If they do you might catch a significant downside move.  All of this depends on the dollar. Dollar/Euro trade is at a major support level. Bad news in Europe could set off a chain of events that drive Silver and oil lower.  Not a solid trade with and established trend, but one with potential because momentum with bears. Will mention in comments section if I am about to make trade.

______________

Check out the advice, recommendations, analysis by bloggers on stocks,politics and trends in the comments section of the blog  Many of the best concepts regarding YOUR Financial Future are discussed their. Watch foPaul’s Corner every Tuesday and Thursday

_________________

Longer Term Outlook

CAUTIOUSLY BULLISH

AS ALWAYS, DO YOUR OWN RESEARCH BEFORE INVESTING

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March 1, 2011

Coup D’etat

Author: Barr Jozwicki - Categories: Market Update - Tags: , , , , , , , ,

You might think the above is the “monster” Bernie Madoff, but please consider a far bigger monster – the 5 largest US shadow banks.

The Slow Motion Coup D’etat

There has been a slow motion Coup D’etat in the USA.

You could argue it began in the 80′s when we the US oligarchy’s wealth started to grow and working class Americans were pushed further into debt. However, now its become an outright white collar criminal enterprise that along with a compliant Federal bank and government is harvesting trillions of dollars and placing a crushing burden on working class Americans.

Even the loan financial figure, who had nothing to do with the 2008 financial meltdown, jailed Ponzi scheme crook Bernie Madoff warns in the New Yorker“It’s unbelievable. Goldman … no one has any criminal convictions—the whole new regulatory reform is a joke. The whole government is a Ponzi scheme.”

Matt Taibbi calls Goldman Sachs - A great vampire squid wrapped around the face of humanity relentlessly jamming its blood funnel into anything that smells like money.

Its unfair to single out Goldman from the other 4 major “to big to fail” shadow banks or the network of 21 primary dealers that our central bank (The Fed) and most federal politicians protect.

What’s a safe long term investment out there for working Americans?

None of this is safe from partisan destruction or government backed shadow bank raids.

Many economists, including Robert Reich, track the redistribution of wealth in America. In 1980, the weathiets 1% held 9% of the wealth now its over 20%.

Now we have the 5 too big to fail shadow banks with an almost infinite liquidity from the Fed, and no oversight doing whatever they want. (Aside – Hush don’t tell anybody but guess where most of Ka Daffy’s $30 billion in frozen assets, along with countless drug cartel billions are?). Yes other sectors of the US economy are the same. But, its the financials that lead because they are leveraged.

God help our debt ridden butts when one of the crooked too big to fail banks goes belly up. So, the oligarchy will keep them on the unregulated dole till we run out of bonds, credibility or whatever you want to call it.

“Our government teaches the whole people by its example. If the government becomes the lawbreaker, it breeds contempt for law; it invites every man to become a law unto himself; it invites anarchy.” Judge Louis D. Brandeis

_____________

KISS & Stocks (Keep It Simple Stupid)

If you don’t understand a term look in up at Investopedia.com dictionary

AS ALWAYS, DO YOUR OWN RESEARCH BEFORE INVESTING!

DOUBLE CHECK ALL DATA, I MAKE MORE THAN GRAMMAR MISTAKES

_____________

.

Index Percentage Volume
Dow +0.79% up
NASDQ +0.04% up
S&P 500 +o.56% up
Russell 2000 +0.18% -

_____________

.

Technicals, Fundamentals & Analysis

Investors411 record - 6 years of beating benchmark S&P 500

BUBBLE-ICIOUSInvestors411 term for the stock market – We are all riding on the outside of an ever expanding &  Central Bank manipulated stock bubble. See Investors411 STRATEGY section for more

  • Same old Fed manipulated stock bubble building reasserting itself as the dominant trading pattern.
  • Libya/oil disruption still has potential to disrupt trading pattern. Until the oil fields start burning its impact on stocks should diminish.
  • Aside from KA DAFFY no oil dictators seem in danger today
  • From Seeking Alpha – Like the title Was That It for The Correction? & author has a decent sector analysis chart at end.
  • Fed and Buffett were jaw boning the markets yesterday.

________________

.

Shorter Term Forecasting Indexes

  • The Dollar (USD) [Any daily price move over +/- 0.50 is significant. Dollar usually moves inversely to stocks] Dollar fell yesterday -0.50%. Short term support level around $77 was broken.  Let’s see if it holds or confirms the breakdown today. For stocks = Bullish
  • McClellan Index(MO) [The very rough guideline is over +60 = overbought market = sell positions or short stocks, & -60 = oversold market = buy stocks .] Rose to to +16.97 Over the last three months the new parameters seems to be +/- 30 as an overbought/oversold level. Note: the +30 barrier has become a very strong resistance point. Getting close to +30 resistance level. Stocks outlook = Neutral

________________

.

Reading The Tea Leaves

There is a significant change going on in the way America is viewed.

Virtually every time there is a major worldwide crisis, investors flood into the safety of the dollar. This time the dollar has fallen and yesterday broke its short term support level.  Perhaps any analysis of this is thrown off by the Fed’s manipulation or liquidity dump. But a falling dollar in the short term is usually good for stocks. Longer term it shows a lack of confidence in the USA.

A little wiggle room in the MO till strong resistance at +30.

What to watch today

USO - oil prices

UUP - (Tracking ETF for dollar)

Remember - The dollar is a contrarian indicator. Bad dollar = good stocks

AAPL – Bounced off its 50 DMA support level. As long as it hangs in above that everything OK

___________________

Positions

The Positions Section link to latest & former buys and sells  - These are positions I actually own

(I do manage 6 accounts that have other positions).

Current ETF Positions. (oldest held positions listed first)(see comments section where all trades are first announced)

  • REMX (1/2 position, took 5+% profits already)
  • RJA 1/2 position, took 5+% profits already)

Will post when I buy/sell in comments section of blog.

UCO -(2x oil prices)  Buy the dip. Why not its a hedge against higher gas prices.

REMX (Rare Earth ETF) – Really believe this a good long term holding.  Hopefully longer term holding. Stop still set about 2% below rising 50 day moving average. Will buy more on dip.

DGP – (ETF is 2X gold) . Set to follow silver and approaching breakout. Many web sites that focus on precious metals are calling this a manipulated commodity. A buy the dip ETF

DBC – (Commodities ETF) For a more complete list of commodity ETF’s see POSITIONS listed at top of blog  DBC is tilted to energy. Perhaps preferable or a good alternative would be *DJP that is more agriculture and metals or RJA (all agriculture)

RJA (Agriculture commodities Index)An  ETN, not an ETF. Hopefully longer term holding. Stop set at @ 2 % below rising 50 DMA. Again would buy a dip

UWM (2x small cap stocks) TNA (3X small cap stocks)

_________________

Look for Paul R’s always enlightening remarks on stocks and sectors in the comments section of the blog. See POSITION“ section of blog (at top of page) for lists of potential stocks & ETF’s including ”YOUR Stock List.” (YSL#4 is under construction.)

Longer Term Outlook - CAUTIOUSLY BULLISH

AS ALWAYS, DO YOUR OWN RESEARCH BEFORE INVESTING!

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