Friday Outlook: The Dollar 'Returns' 3 comments
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The powers that be want you to focus intently on only the
news they like.
The powers that be remain
trigger happy bulls who are playing from the big stack.
Therefore, you must yield and accept the spell bulls are putting you under. Hypnosis is a wonderful tool.
So, Thursday markets rallied from good news from semis and a sense that the Fed is now going to pause in rate cuts which will in turn cause Uncle Buck to rally and consumers to go on a spending spree. Okay, when I snap my fingers you’ll come out of this trance.
Volume was heavy despite what Yahoo Finance is incapable of calculating and breadth was positive but not a 90/10 day probably.
Chucky the Consumer wants to shop so bulls believe. Try and stop him as he demands another sequel.
The big news from our perspective is that ProShares launched two leveraged inverse issues for both IEF (PST) and TLT (TBT). Why do I say this? Because it was over four years ago when we tried to short TLT and couldn’t. Try as we might, there was no stock available for retail investors to short. We complained and wrote essays about it. We even discussed it over lunch with ETF inventor Nate Most who tried to set the Fryguy straight. What could cure this problem? An inverse issue.
Now, I know you’re thinking maybe you don’t need a “leveraged” inverse issue. I understand, so do as ProShares CEO Michael Sapir suggested when speaking with him recently—do half. That way you’re not leveraged but have successfully hedged your bond portfolio or achieved the desired speculative result. Either way, it beats using options in my book.
So, thanks ProShares for getting these issues out!
Go to page 2 - Commodities, Emerging Markets >>
The powers that be remain
trigger happy bulls who are playing from the big stack.
Therefore, you must yield and accept the spell bulls are putting you under. Hypnosis is a wonderful tool.
So, Thursday markets rallied from good news from semis and a sense that the Fed is now going to pause in rate cuts which will in turn cause Uncle Buck to rally and consumers to go on a spending spree. Okay, when I snap my fingers you’ll come out of this trance.
Volume was heavy despite what Yahoo Finance is incapable of calculating and breadth was positive but not a 90/10 day probably.
Chucky the Consumer wants to shop so bulls believe. Try and stop him as he demands another sequel.
The big news from our perspective is that ProShares launched two leveraged inverse issues for both IEF (PST) and TLT (TBT). Why do I say this? Because it was over four years ago when we tried to short TLT and couldn’t. Try as we might, there was no stock available for retail investors to short. We complained and wrote essays about it. We even discussed it over lunch with ETF inventor Nate Most who tried to set the Fryguy straight. What could cure this problem? An inverse issue.
Now, I know you’re thinking maybe you don’t need a “leveraged” inverse issue. I understand, so do as ProShares CEO Michael Sapir suggested when speaking with him recently—do half. That way you’re not leveraged but have successfully hedged your bond portfolio or achieved the desired speculative result. Either way, it beats using options in my book.
So, thanks ProShares for getting these issues out!
Go to page 2 - Commodities, Emerging Markets >>
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This article has 3 comments:
Thanks for compiling the picture.