Rocknbob

A Contrarian Play on Financials to Consider Just in Case

In addition , I think close scrutiny should be paid to SRS also, since this too has been greatly oversold. The CMBS defaults are rising at a fivefold pace according to a recent article in FT, and SRS's present value at ~ 25 seems like a good entry point. The upside potential may be huge... stay tuned.

Five Factors Driving the Coming 'Transparency Squeeze'

to Jason Rines : thanks for the link!

Short in May and Go Away

SRS , SKF and FAZ will all come back fiercely over the the next few months, as data / earnings come out.

Do Charge-off Rates Impact the UltraShort Real Estate ETF?

Thanks for a timely article...

Reports of Profits While Banks Fail

Thank you Mr. Browne for a very analytical post. Plausible numbers...albeit gloomy ones...I say invest in SKF and SRS for good entry and exit points...

Two Financial ETFs to Watch This Week

I believe it would also be good to watch SRS this week.

Death of the Big Bank Model

We certainly do not need 8000 or so number of banks in the US. Consolidate, go bankcrupt, whatever...just dont become a parasite on the American taxpayer ad infinitum....

S&P Lowers Insurers Ratings, What About Banks' $400B CMBS Losses?

Mr. Kelly,
Correct me if Im wrong , your first graph shows almost constant CMBS ownership/distribution from Q107 thru Q308. If thats true, then you're assuming the net # of CMBS issued increased during the time.

your statement "The chart illustrates that commercial banks have not only been the largest holders of commercial mortgages, but they have been increasing their exposure even during the economic crisis." indicates this.

Maybe you could indicate whether the absolute amount of CMBS issued increased.

The $60 Trillion Nightmare of Credit Default Swaps

To cz : thanks .
Seems unfair that the 'true" figure lent or awarded to/for banks is 20% less tha the passed bill/law(s) .... Im beginning to lose track of the number of programs out there and which ones are funded / started ??!!

The Perversion of American Capitalism

Mr. Sanaullah, i agree with most of your premises , except that part about inflation . If we proceed on the present path , we will inevitably end up with deflation, as money becomes cheap, it will be hoarded, rather than lent/ borrowed. This should counter the inflation you refer to, and possibly the need to invest/ hide in precious metals.

The $60 Trillion Nightmare of Credit Default Swaps

hey CZ:
Sorry for being stupid, but whats the rake you speak of? Is that the amount the gov't bumped up the package? ?

The $60 Trillion Nightmare of Credit Default Swaps

Mr. Jefferson:
Id like to know what percentage of the $60T CDSs out there are naked. These are the ones that are troublesome since they are /were written without owning any security.

Here Go the Short ETFs

to DaveW: good buy !

Variant Perception: Sears Holdings and Financials

to kkin365: yes . that the general idea. At these levels I think SKF is a steal. may go back to 190+. Problem is at what rate?