Inglefox Investing

US Steel: Solid as They Come

I just want to clarify one thing: Yes, X is only up 18% year to date now, but when this article was originally written and posted to my blog (July 15) it was in fact up 28% year to date. Yes, it has shed those 10 percentage points in just four days.
But thanks for keeping me on my toes there Rocknrollleg
end193...you had me worried about my numbers for a second.

Nuclear Power's Second Coming Will Lead to a Uranium Boom

"Does anyone have a good read on the amount of Uranium stockpiles? Is it even possible to estimate? The author says 10 years to deplete current stock piles but I think that is a baseless guess."

The answer to this question is that the 10 year estimate is what is given by the Energy Watch Group assuming a constant demand of 67kt/year with new production filling only approx. 42 kt/year.

Brokerage Stocks: Trouble on the Horizon?

First of all, capital "flees" the market as people sell equities (evidenced in a falling market) and move into cash.

OXPS more than IBKR or SCHW relies on options trading and yes it is true that people can buy put options in falling markets; however, if you look to the CBOE VIX you'll see that people have been forced to pay some extremely high premiums over the past quarter in order to obtain options. These high premiums eat into the available option capital and thus cut the number of commissions that can be earned by the options brokers.

One of the most important things to remember when talking about the DARTs is that the current released DARTs only represent part of the quarter. Don't get a false sense of security in the DARTs because they cannot tell the entire picture.

Of course you can debate all you like, but the real answer will only come when the company reports and so I think it's best to let the actual earnings solve the debate. If you wish to discuss this further then I encourage you to visit my blog.

Brokerage Stocks: Trouble on the Horizon?

I will say that IBKR is certainly the strongest of the bunch and I used the term "some" to describe the prop trading because I was lumping the three together. It is indeed true that IBKR relies probably more heavily on prop trading than retail investing. In my article I'm taking the assumption that their prop trading numbers will be equal to their numbers from last year (which may not even be possible) and that their retail numbers are what will be responsible for a miss in earnings.
For Doug Estadt, I see the fact that IBKR is undergoing a "slick new ad camgaign" as a sign of a weakened retail business. They are trying to attract more customers by outadvertising the competition.
And there is no doubt in my mind that while IBKR is the strongest of these three there is also no doubt in my mind that OXPS is the weakest. Mr. NjordWind, you have cited forward looking numbers that are based upon analyst estimates and just because a stock is at its lows does not mean that it cannot sink any further. Under the current conditions it just doesn't seem possible for OXPS to have made more money this year than last and I expect a big miss. I hope for your sake that you're right, but I see all of the evidence pointing to the downside.