Send Message
View as an RSS Feed
  • Where Does Linn Energy Go From Here?  [View article]

    Will you agree all Linn can do is sell any saleable product at the prevailing prices?

    Liquidating assets in this environment may mean giving predominantly uneconomic Fields away. Private Equity may be thinking twice about paying much of anything for such deeply distressed assets.

    Bankruptcy does appear to be the end game here.
    Feb 5, 2016. 06:18 PM | Likes Like |Link to Comment
  • Muni Bonds Have Performed Well In Volatile Times  [View article]
    The Muni Bond CEFs are predominantly green with gains since December.
    Feb 4, 2016. 12:09 PM | Likes Like |Link to Comment
  • The Death Of Retail  [View article]
    I wish Amazon would sell Shotgun, pistol & rifle ammo!

    I wish Walmart's Murphy Gas Stations would accept American Express Credit Cards
    Feb 4, 2016. 08:43 AM | 1 Like Like |Link to Comment
  • Quick Chat 287   [View instapost]

    BUI fundamentals don't appear attractive per current CEF Connect data. Looks like a Short Term Trade for Alpha, right?
    Feb 3, 2016. 05:47 AM | 4 Likes Like |Link to Comment
  • January Asset Allocation Survey: Cash Allocations Rise To A 2.5-Year High  [View article]
    The Muni Bond CEF Funds are rising in share price this year.
    Feb 2, 2016. 10:26 PM | Likes Like |Link to Comment
  • Dreyfus Municipal Bond Infrastructure Fund declares $0.0625 dividend  [View news story]
    Besides CASH, the Muni CEFs are a hiding place.

    The negative interest rate flu and an impending collapse of our domestic energy complex has the 10Y bond rates plummeting. Makes those TAX FREE Muni CEF yields VERY attractive.

    Looks like the Federal Legislature is contemplating Bailing Out Puerto Rico socialism. If so, Illinois and Kentucky are safer.
    Feb 2, 2016. 06:33 PM | Likes Like |Link to Comment
  • Oil Prices Bottoming? What Changes In The Futures Curve Say  [View article]
    I am now seeing the Upstream Flu reaching through the Midstream into the Downstream. The Refiners are OverProducers of Fuel and looking for storage. Is a Collapse of our Domestic Energy Complex near?
    Feb 2, 2016. 06:30 PM | 2 Likes Like |Link to Comment
  • Oil Falls Back To $30 And BP Leads Europe Lower  [View article]
    The Oil Glut got bigger today. Natty well above 5yr averages with Warm Winter. Refiners sending overproduced gasoline to storage.

    The Upstreamers are devastated. The Midstream is now following suit, rapidly declining as the Upstream, but not threatening bankruptcy YET. The Flu is setting in the Downstreamers, evidenced by their rapid Overproduction of Fuel.

    Collapse in the Domestic Energy Industry, and many Banks, is likely in 2016. Don't wait too long to recognize this Impending Collapse!
    Feb 2, 2016. 06:08 PM | 1 Like Like |Link to Comment
  • Winter Is Not Yet Over For Natural Gas  [View article]
    There is just too much Natty available. It will be interesting to monitor domestic wellhead production for a meaningful, STEEP, decline in Natty (Gas well gas + Assosiated gas). Day trades at best until Supply is truly threatened.
    Feb 2, 2016. 03:50 PM | 1 Like Like |Link to Comment
  • Oil Price Has Not Bottomed, But Here's How To Prepare For It  [View article]
    ERY has been a day trade while WTI bounces around down here. Betting on 3X Bull/Bear shares is not without risk, so be careful!
    Feb 2, 2016. 06:51 AM | 1 Like Like |Link to Comment
  • Quick Chat 287   [View instapost]
    In and Out again on ERY, a short on oil. I believe WTI is very near a bottom. Now how long will it remain there?

    Added to a few Muni CEFs today.
    Feb 1, 2016. 03:51 PM | 4 Likes Like |Link to Comment
  • When The Canaries Die, Get Out Of The Mine  [View article]
    Will the S&P Drawdown be as deep as 2009 given the surplus liquidity from all the QEs.
    Feb 1, 2016. 04:52 AM | Likes Like |Link to Comment
  • Deflation Is Already Here: How To Profit  [View article]
    This is little more than an advertisement. SA needs to police this, reducing solicitations.
    Feb 1, 2016. 04:41 AM | 4 Likes Like |Link to Comment
  • Oil Musings  [View article]
    High 70's here in NE Texas, so Natty getting NO help. Where is Winter's consumptive event?

    There is just Too Much of everything, except Consumptive Demand. Oh wait, the increasing demand for FANG type devices and services just doesn't increase demand for petroleum products.
    Jan 31, 2016. 04:35 PM | Likes Like |Link to Comment
  • The Time To Hedge Is Now! Counter Trend Rally Provides Better Entry Prices  [View article]
    Mr. Bern,

    I share your concerns over Bear Sightings. I do believe a BEAR has arrived!

    I read your article on Zions and their exposure to Energy Lending. It appears it is your derivative play on the over levered energy sector and threatening bear market bankruptcy(s).

    How are you handling Domestic Energy directly?
    Jan 31, 2016. 03:32 AM | 1 Like Like |Link to Comment