Mercy Jimenez

Mercy Jimenez
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  • Quick Chat 287   [View instapost]
    Interesting JHooper. As Bloomberg also pointed out, however, Fed controlled rates have not prevented our 90-day bill rates from dropping below 0% a number of times already over the past few years.
    mj
    Feb 9, 2016. 11:04 AM | 3 Likes Like |Link to Comment
  • Quick Chat 287   [View instapost]
    "More than $7 trillion of government bonds offered yields below zero globally as of Monday, making up about 29 percent [!!!!] of the Bloomberg Global Developed Sovereign Bond Index. The total is poised to swell further after Japan’s 10-year yield went below zero for the first time on record on Tuesday..." http://bloom.bg/20TaxeX
    mj
    Feb 9, 2016. 09:59 AM | 4 Likes Like |Link to Comment
  • Quick Chat 287   [View instapost]
    Maya,

    One option is Wealth Lab Pro at Fidelity:

    " What type of charting capabilities does Wealth-Lab Pro® offer?

    Advanced, fully customizable charts are a key part of Wealth-Lab Pro®’s analytical tools. You can apply technical indicators and fundamental data to the chart and draw crosshairs, trend, regression, resistance, and Fibonacci lines against historical price data to illustrate investment opportunities."

    Eligibility for Wealth Lab Pro is:

    "Wealth-Lab Pro® is available to investors in households that place 36+ stock, bond, or options trades in a rolling 12-month period, and have at least $25,000 in assets across their eligible Fidelity brokerage accounts. For more information about these requirements, call a trading specialist at 800-564-0211."

    Here's the link for related FAQs: http://bit.ly/1W8He4I

    mj
    Feb 8, 2016. 08:28 PM | 5 Likes Like |Link to Comment
  • Quick Chat 287   [View instapost]
    " The implied probability of U.S. rates sinking below zero by the end of 2017 has jumped to roughly 13 percent, the highest since at least July, data compiled by Bloomberg show. The wagers are tied to the London interbank offered rate, which partly reflects expectations for Fed rates." http://bloom.bg/1W6DIb1
    mj
    Feb 8, 2016. 09:49 AM | 5 Likes Like |Link to Comment
  • Quick Chat 287   [View instapost]
    It's not a gain until you book it -- well done, jpau.
    mj
    Feb 5, 2016. 02:04 PM | 4 Likes Like |Link to Comment
  • Quick Chat 287   [View instapost]
    Time labeling of SA comments are completely off. As I write thisone it is 1:29 pm ET -- but my comment above is labeled as if I published it at 2:04 pm!! SA enhancements over the weekend have messed up many other functions.

    mj
    Feb 5, 2016. 01:32 PM | 3 Likes Like |Link to Comment
  • Quick Chat 287   [View instapost]
    Appreciate the summary, Edmund. Good article -- to contrast against all of the "sky is falling" chorus. I always benefit from viewing both sides of the coin.
    Many thanks,
    mj
    Feb 5, 2016. 08:34 AM | 5 Likes Like |Link to Comment
  • Quick Chat 287   [View instapost]
    And now the German 2 year Bund goes negative again -- now yielding -0.05%. Hoping that this extreme take on "The War on Cash" still looks extreme down the line for us: http://bit.ly/1QGcmHl
    mj
    Feb 3, 2016. 10:50 AM | 4 Likes Like |Link to Comment
  • Quick Chat 287   [View instapost]
    Guess the Fed is spooked enough to have negative rates included in bank scenario testing:

    "The Fed's adding a new twist to its severely adverse scenario in this year's stress test - asking lenders how they would handle a prolonged period of rates below zero. Ninety-day bill rates slipped below 0% a number of times over the past few years, but never stayed there for very long. Negative rates, of course, are breaking out all over Europe, and the Bank of Japan last week introduced negative deposit rates as part of its latest attempt to spur the economy into faster growth." (Wall Street Breakfast)
    mj
    Feb 3, 2016. 08:31 AM | 3 Likes Like |Link to Comment
  • Don't Bury Offshore Drilling Just Yet - Noble Corp. Will Live To See 2020  [View article]
    Alec,
    I could not tell from the filing whether any of the dispositions were controlled by a 10b5-1 trading plan --i.e. regularly scheduled predefined sale orders for insiders with concentrated positions. If so, that would be less troubling to me.
    mj
    Feb 2, 2016. 10:04 AM | Likes Like |Link to Comment
  • Don't Bury Offshore Drilling Just Yet - Noble Corp. Will Live To See 2020  [View article]
    Latest insider reporting on 2/01 from NE Officers shows that after RSUs and some disposition -- most still have respectable "skin in the game." CEO is holding 668,353 shares. http://bit.ly/1nJxbZi
    mj
    Feb 1, 2016. 08:49 PM | 1 Like Like |Link to Comment
  • Quick Chat 287   [View instapost]
    Just heard 2 factoids on Bloomberg which will continue to influence Central Bank global policies on rates et al:

    1) European factories dropped prices the most in 12 months -- and that's with the Euro already down to $1.08. Mr. Draghi may have to make his biggest QE play yet.

    2) The BOJ's balance sheet is now 73% of GDP compared to Fed, BOE, and ECB balance sheets which are in the 20%+ range of GDP -- absolutely eye popping.
    mj
    Feb 1, 2016. 12:02 PM | 5 Likes Like |Link to Comment
  • Quick Chat 287   [View instapost]
    Freya, I reported recently having mega compatibility issues with Win10 (particularly on my trading platform.) I will hold on to Win7 pro until the last minute.
    mj
    Feb 1, 2016. 11:38 AM | 3 Likes Like |Link to Comment
  • Don't Bury Offshore Drilling Just Yet - Noble Corp. Will Live To See 2020  [View article]
    Completely agree with you Quattroporte -- excellent analysis Alec.

    I both trade and invest, and NE is a long-term patient play for me while I collect some dividends. Since I am not smart enough to predict the bottom in oil, I have been scaling in and still adding @ $7+.

    Alec -- I very much appreciated your multivariate analysis on both sides of the equation.

    Many thanks,
    Mercy
    Feb 1, 2016. 11:20 AM | Likes Like |Link to Comment
  • Quick Chat 287   [View instapost]
    My timing speculation is similar to yours, HTL. I, too, think we have a couple of months ahead (barring a Black Swan) of volatility opportunities while trending slightly up.

    After March, however, I think the depth of the sell-off will ride on total Q4 earnings results and which signals the Fed sends in March. If no other rate rise is in sight -- I expect a moderate pull back. If we start hearing the next rise is around the corner -- watch out below.

    My current strategy FWIW is to milk short term gains in my trading blocs (quality dividend large caps as well as inverse ETFs) and keep riding my muni CEF wave until a cresting on NAV appears. Thus far investor hunger for muni CEFs is running unabated -- on both down and up days -- lots of flight to "relative" safety.
    mj
    Feb 1, 2016. 09:14 AM | 5 Likes Like |Link to Comment
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