Thursday Outlook: Commodities, Global Markets [View article]
hi dave, i agree with your general assessment that this week is looking like last week and we need to see how the next 2 days go to get a clearer picture of what the market wants to do. however, some technical analysis of my own suggests that this weeks trend in the aggregate S&P 500 is weighted more to the downside. this means it will take heavier volumes of buying than last week to maintain equilibrium, let alone go higher by weeks end.
Thursday Outlook: Commodities, Global Markets [View article]
sorry to hear about the news on your wife's health. my mother is a survivor of breast cancer now going on 10 yrs. my mother in-law is battling the disease as i write. we all have needs we don't like to admit, let alone broadcast them. God bless you for sharing. it's not over until God says it's over. will keep you both in my prayers.
David Kreinces: ETFs Work Best with Absolute Return Strategies [View article]
it's clear to me in this interview how Kreinces shorts the market and therefore profits from market downturns. ok, some commodities are non-correlated with the market but it's always changing as to which one trades accordingly. also, staying cash a lot helps relative returns look good but not absolute returns. one final thing, sounds like their rules-based trading strategies need an upgrade.
Friday Outlook: Commodities, Global Markets [View article]
i general agree with what User 353732 and bricki said above. we must remember that a capitalistic economy is built one bubble after another meaning that high risk/reward takers that are successful (i.e. entrepreneurs, investment bankers, arbitrators and so forth) amass capital until the cards fall that keep the bubble inflated. some survive the card crash and some don't. those that do participate to perpetuate the next bubble and on and on. and for the successful, there couldn't be a better time when a new bubble is forming because more wealth is in fewer hands (their it might point out) this is no philosophical rant on capitalism. it is what it is.
there are times though the risk/reward enters the realm of moral hazard. where that place exists depends on each bubbles formation and characteristics. this last bubble, over leveraged credit, severely blew up the economy, the global economy in fact.
the current market run up is a bear market rally i like to equate to longing for the nostalgia and wishful thinking. with all the money floating around, perhaps a new bubble with form now. i don't think so. the governments around the globe are engaged in "player of moral hazard of last resort" to keep the economy on it's feet. though credit has frozen quite a bit, it will though when it looks like the economy is back on track.
capitalism and moral hazard don't always go hand in hand. moral hazard is usually created when greed enters and takes control of peoples minds. that's usually when late comers to the party at the orange press start squeezing just peels because all the fruit is already gone. that's why i believe making steady incremental gains over time adds up to lasting wealth, not hyper-capitalism. note: this does not mean buy and hold. you still need to be wise and gentle on the throttle.
i picked up TA for that reason you, for better timing of trades on good stock pick. as time has past since then, the market has just pummeled the good stocks into the ground. so i've taken a little more conservative approach: broad based ETFs. and in the process i've learned that market does follow patterns that easily recognizable and so i'm better able to hedge. whether it's self fulfilling or not i don't know. but TA works more time than not. -cheers!
On Mar 22 01:49 AM old trader wrote:
> An informative piece. Being primarily a fundamentalist, I've started > "going to school" on TA. I'm not convinced that its "better", but > the fact that so many use it tends to make it a self-fullfilling > prophecy, and am using it to better time my entries and exits on > positions I feel have value from a fundamental perspective.
phenomenal work, chris. the VIX bumped into it's 200 DMA yesterday and recoiled up almost 10%. the S&P slammed into it's 20 DMA and stopped dead. apparently there's an incredible amount of resistance pent up in the markets. if the markets can muster up a strong late day rally today and smash through, there could a HUGH rally on the other side. if not, the bears will claw-back all the gains over the last 2 weeks and some.
More ProShares Ultrashorts Tomfoolery [View article]
hedges are only as good as the one who trims them. pairing ultrashort & ultralong proshare ETFs has done wonders for me. hedges are for protecting you from extreme losses, not to make you profits. if you make profits on hedges, it's icing on the cake. take the money and start constructing another hedge.
Weekly ETF Rewind: Short Term Top or Consolidation Before Pop? [View article]
Weekly ETF Rewind: Correction Should Have More to Go [View article]
Wednesday Outlook: Commodities, Global Markets [View article]
Thursday Outlook: Commodities, Global Markets [View article]
Thursday Outlook: Commodities, Global Markets [View article]
David Kreinces: ETFs Work Best with Absolute Return Strategies [View article]
On Apr 20 11:49 AM squark62 wrote:
> it's clear to me in this interview how Kreinces shorts the market
^
NOT
David Kreinces: ETFs Work Best with Absolute Return Strategies [View article]
Friday Outlook: Commodities, Global Markets [View article]
there are times though the risk/reward enters the realm of moral hazard. where that place exists depends on each bubbles formation and characteristics. this last bubble, over leveraged credit, severely blew up the economy, the global economy in fact.
the current market run up is a bear market rally i like to equate to longing for the nostalgia and wishful thinking. with all the money floating around, perhaps a new bubble with form now. i don't think so. the governments around the globe are engaged in "player of moral hazard of last resort" to keep the economy on it's feet. though credit has frozen quite a bit, it will though when it looks like the economy is back on track.
capitalism and moral hazard don't always go hand in hand. moral hazard is usually created when greed enters and takes control of peoples minds. that's usually when late comers to the party at the orange press start squeezing just peels because all the fruit is already gone. that's why i believe making steady incremental gains over time adds up to lasting wealth, not hyper-capitalism. note: this does not mean buy and hold. you still need to be wise and gentle on the throttle.
Stock Rally Built on Fundamental Sand [View article]
Tuesday Outlook: Commodities, Global Markets [View article]
The Rally Is at a Crossroads [View article]
i picked up TA for that reason you, for better timing of trades on good stock pick. as time has past since then, the market has just pummeled the good stocks into the ground. so i've taken a little more conservative approach: broad based ETFs. and in the process i've learned that market does follow patterns that easily recognizable and so i'm better able to hedge. whether it's self fulfilling or not i don't know. but TA works more time than not. -cheers!
On Mar 22 01:49 AM old trader wrote:
> An informative piece. Being primarily a fundamentalist, I've started
> "going to school" on TA. I'm not convinced that its "better", but
> the fact that so many use it tends to make it a self-fullfilling
> prophecy, and am using it to better time my entries and exits on
> positions I feel have value from a fundamental perspective.
The Rally Is at a Crossroads [View article]
More ProShares Ultrashorts Tomfoolery [View article]