I should start to free up tomorrow… Does anyone have a source for the current average price of stocks in the S&P ? Rough guess is somewhere between $60 and $75.
Swine Flu AND Medical News Concentrator April 25, 2013 To ??? [View instapost]
WHO says new coronavirus may be passed person to person
The World Health Organization says it appears likely that the novel coronavirus (NCoV) can be passed between people in close contact. "Of most concern... is the fact that the different clusters seen in multiple countries increasingly support the hypothesis that when there is close contact this novel coronavirus can transmit from person to person," the World Health Organization said on Sunday. http://tinyurl.com/cxw...
Stability Of The European Union (19) April 18, 2013 To [View instapost]
You rememeber the Hedge Shack :)
The hedge shack was about QE on and off... I don't think we have a QE off event comming, but I do think a correction is on the menu. I will try to provide some different ways to play the correction, but I don't know if I will have time to get the insta out before the event...
For those of you wondering what this is all about, I have been working on a macro market model, and I noted on the Quick Chat that it's signaling the possibility for a correction starting next week.
Hi WT It’s not the primary signal, but an auxiliary signal. Starting on 4/29, volume dropped from around 3B daily shares to around 445M daily shares. That’s a reduction in daily volume of between 6 and 7 times the average. This is not a random occurrence,
I looked at the FED’s POMO schedule, and they are buying in May. So this appears to be a NON FED coordinated activity.
This has nothing to do with the signal I am looking at, but between the two signals, it was enough to put me mostly into cash on Friday.
I am on deadline on two production statistics projects. As soon as I finish these, I will get to work on the insta.
In the meantime, I suggest caution, and for those with risk in their hearts... it might be a good time to consider a macro short. I would be very careful with a macro short. That sudden reduction of volume by what must be a large number of pros on 4/29 makes me wonder what other coordinated activities are in the script...
An experimental S&P model I have been working on hit a critical value at the close this afternoon. That critical value suggests we just passed a tipping point and if the model is correct, a correction should occur next week.
Stability Of The European Union (19) April 18, 2013 To [View instapost]
Percent Greek unemployed February 2012 to February 2013
AGE 15-24 54.1 to 64.2 Increase by 18.7% AGE 25-34 29.0 to 36.2 Increase by 24.8% AGE 35-44 18.5 to 23.7 Increase by 28.1% AGE 45-44 16.3 to 20.2 Increase by 23.9% AGE 45-64 11.9 to 16.7 Increase by 40.3% AGE 65-74 3.8 to 8.0 Increase by 110.5%
http://tinyurl.com/cnf... ----- Greece’s economy is finally beginning to heal, according to the country’s finance minister. Yannis Stournaras said “the worst is over” and the country had “reached the bottom of the trough”. http://tinyurl.com/bph... --- It all depends on what you consider success dosn't it? Mr Stournaras said Greece could be in a position to return to international debt markets by May 2014... wonderful... but at what COST? If youth unemployment continues to increase at 18.7% per year, it will be at 76.2% in 2014. What are tax revenues going to look like as larger and larger portions of the countries economy go underground? Less tax revenues means they will not be able to service the debt on those new issue sovereign bonds. --- What about existing Greek sovereign bonds? Investment firm Morgan Stanley is urging investors to buy Greek government bonds. According to the Wall Street Journal, the head of the external strategy of the American bank said that “... Greek bonds constitute a top choice that guarantee a stable income for this year”. http://tinyurl.com/cq7... ---- Want to bet what Morgan Stanley is doing with their Greek Bonds?
Axion Power Concentrator 233: May 5: Axion Power On Panel At Energy Storage Economics 2.0 For New York City And Beyond [View instapost]
As part of the deal, the company needs to get stockholder approval for an increase in authorized shares of Common Stock from 200,000,000 to at least 300,000,000. That increases Dilution potential by quite a bit. By the way, in the event that those new shares are offered, the conversion price for the secured notes adjusts downward...
QC #257, May 10, 2013 [View instapost]
Axion Power Concentrator 235: May 12: Axion Power Completes Private Placement For $9 Million And $1 Million [View instapost]
QC #257, May 10, 2013 [View instapost]
Swine Flu AND Medical News Concentrator April 25, 2013 To ??? [View instapost]
masks/ disinfectants… (APT) (MMM) (CLX) (ECL) (PURE)
Swine Flu AND Medical News Concentrator April 25, 2013 To ??? [View instapost]
The World Health Organization says it appears likely that the novel coronavirus (NCoV) can be passed between people in close contact. "Of most concern... is the fact that the different clusters seen in multiple countries increasingly support the hypothesis that when there is close contact this novel coronavirus can transmit from person to person," the World Health Organization said on Sunday. http://tinyurl.com/cxw...
Stability Of The European Union (19) April 18, 2013 To [View instapost]
The hedge shack was about QE on and off... I don't think we have a QE off event comming, but I do think a correction is on the menu. I will try to provide some different ways to play the correction, but I don't know if I will have time to get the insta out before the event...
For those of you wondering what this is all about, I have been working on a macro market model, and I noted on the Quick Chat that it's signaling the possibility for a correction starting next week.
QC #257, May 10, 2013 [View instapost]
It’s not the primary signal, but an auxiliary signal. Starting on 4/29, volume dropped from around 3B daily shares to around 445M daily shares. That’s a reduction in daily volume of between 6 and 7 times the average. This is not a random occurrence,
I looked at the FED’s POMO schedule, and they are buying in May. So this appears to be a NON FED coordinated activity.
This has nothing to do with the signal I am looking at, but between the two signals, it was enough to put me mostly into cash on Friday.
I am on deadline on two production statistics projects. As soon as I finish these, I will get to work on the insta.
In the meantime, I suggest caution, and for those with risk in their hearts... it might be a good time to consider a macro short. I would be very careful with a macro short. That sudden reduction of volume by what must be a large number of pros on 4/29 makes me wonder what other coordinated activities are in the script...
QC #257, May 10, 2013 [View instapost]
QC #257, May 10, 2013 [View instapost]
QC #256, April 12, 2013 [View instapost]
QC #256, April 12, 2013 [View instapost]
Stability Of The European Union (19) April 18, 2013 To [View instapost]
AGE 15-24 54.1 to 64.2 Increase by 18.7%
AGE 25-34 29.0 to 36.2 Increase by 24.8%
AGE 35-44 18.5 to 23.7 Increase by 28.1%
AGE 45-44 16.3 to 20.2 Increase by 23.9%
AGE 45-64 11.9 to 16.7 Increase by 40.3%
AGE 65-74 3.8 to 8.0 Increase by 110.5%
http://tinyurl.com/cnf...
-----
Greece’s economy is finally beginning to heal, according to the country’s finance minister. Yannis Stournaras said “the worst is over” and the country had “reached the bottom of the trough”. http://tinyurl.com/bph...
---
It all depends on what you consider success dosn't it? Mr Stournaras said Greece could be in a position to return to international debt markets by May 2014... wonderful... but at what COST? If youth unemployment continues to increase at 18.7% per year, it will be at 76.2% in 2014. What are tax revenues going to look like as larger and larger portions of the countries economy go underground? Less tax revenues means they will not be able to service the debt on those new issue sovereign bonds.
---
What about existing Greek sovereign bonds?
Investment firm Morgan Stanley is urging investors to buy Greek government bonds. According to the Wall Street Journal, the head of the external strategy of the American bank said that “... Greek bonds constitute a top choice that guarantee a stable income for this year”. http://tinyurl.com/cq7...
----
Want to bet what Morgan Stanley is doing with their Greek Bonds?
QC #256, April 12, 2013 [View instapost]
Axion Power Concentrator 233: May 5: Axion Power On Panel At Energy Storage Economics 2.0 For New York City And Beyond [View instapost]
Stability Of The European Union (19) April 18, 2013 To [View instapost]