This is the lousiest article yet on this subject IMO. The author superficially discusses the unquestioned stupidity of our tax laws but uses this as cover for concluding Apple is some sort of victor in this. READ THE REPORT. Understand how Apple has twisted the law to justify actions which (if we had a worthy congress) would have been made illegal. Phony shell corporations, a gimmick of "transfer pricing" which makes a sham of where costs are incurred and where profits are booked,laundering of profit thru a co-conspirator government bought for 2 %, Yes we need to rewrite the laws but meanwhile Apple gets off because they used their tax savings to buy a tax department congress can't keep up with. Probably better people than even GE has. I wonder if they talk to each other...."Hey have you heard about how to slip this one in." Fix the laws and stop praising Apple for anything other than great products. They are taking advantage of us. So would I if I could figure out how to get around the taxes on my measly income
Wondrous piece of work... Thank you. I am a garden variety investor and wonder what bridge there is or is not from this complex pricing infrastructure to the available ETF's ( OIL, XLE). Also, given the volatile interelationships of the pricing model, Is it really possible for speculators to manipulate the market as is suggested by the media from time to time.
The run-up, collapse, then run-up in the homebuilder stocks (XHB, ITB) from 1999-2012 bears a startling resemblance (charts) to the run-up, collapse, then run-up in tech from 1994-2007, notes RBS. The question now becomes if the homebuilders will follow the lead of tech from 2007-09, which was down again. [View news story]
Gee , isn't it also possible to find unrelated charts that have a different dynamic ? Arbitrary comparisons dont seem to be helpful. May turn out that way but tough to make the bet based only on this comparison.
American Capital Agency (AGNC) prices its 32M secondary, estimating gross proceeds of $1.09B (suggesting a price of about $34, roughly 16% above book value). Shares -3.2% premarket. (PR) [View news story]
I recollect (maybe wrongly) that there was an alpha analysis that history shows the best time to buy successful reits was when they came out with a secondary and the price dropped short term. Does anybody have any statistics??
The average strategist recommendation for allocation to bonds climbs to nearly 40%, surpassing the peak set at the epic stock market lows of winter 2009. A great chart via Bloomberg's Kevin Depew. [View news story]
Maybe someone can help me. I don't understand what is to be learned that makes this chart useful. It says from late 2007 thru the decline in the market, folks were concurrently increasing their bond share. Not surprising and during the market advance in 2009, bond allocation was being decreased. Not surprising. It would have been more meaningful had they ramped up in ADVANCE of the the descent of the market. That would make the 2012 increase in bond percent more of concern. But I dont see any correlation.
The Latest Crisis Now Unfolding On Wall Street [View article]
to Basehitz AMEN brother. I have also collected articles for long time identifying the good guys and bad guys but nothing happens. (Iceland is starting to bring some of the bankers to justice). CNBC in particular is irresponsible. They had one of the leading bankers on the useless morning show some time ago and they all concluded that the financial crisis was just one of those things that will happen from time to time. Recently one of the idiots declared that the LIBOR lies was not a problem since no one wanted to borrow money anyway! They damn near pull down Dimon,s pants when he comes on. What an excuse for journalism. But I guess, just like politicians, they have to protect their ability to get money from the bankers (advertising and election support
Improving Your Return Profile With A Simple Momentum Strategy [View article]
Plutos I manually did a back test using quarter end data to pair AGG and RSP. Took me hours ! I now appreciate the amount of work you have done even more.!!
PS. Take a look at EFT REPLAY. com I think it can be most useful in paired trading analysis. http://etfreplay.com
So far I have found the site replicates my manual analysis and in fact caugtht some errors.
Improving Your Return Profile With A Simple Momentum Strategy [View article]
Excellent piece of work ! Just wondering if your model is still available, would performance be improved if rather than choosing SPY, you were to choose either SPY or RSP depending on relative performance in the past month? I suspect an unweighted S&P would have done better.
Rising Interest Rates Are on the Way. Here's How to Protect Your Portfolio [View article]
5+ On the contrary, i believe the results of your screen are helpful by showing that no screen produces a can't miss list.....more analysis and luck is requried. Screens also seem to define the stocks that are buy candidates in the world of "ought to be" whereas in the land of "IS", they may be stinkers. I am more and more convinced that some form of technical analysis is more important in stock selection than performance data..
Building a Model Income Portfolio Sector by Sector: Part 1 - Consumer Discretionary [View article]
I like your organized approach and will follow it as you build it. But honest to goodness, anytime I have looked at similar "model" or "diversified" portfolios, I find that I would do as well or almost as well by simply buying RSP. Easy to monitor, protect against loss with stops/puts. I am lazy. You get 500 top companies with representation from small, med and large cos., international participation, all market segments etc. If I want to add a little sexy risk, add a commodity or two.
MIchael, thanks for your input. But there is something strange going on here it seems to me. TD Ameritrade says the new certificates have not been delivered by the VIVO agent and therefore can not be sold in my account. Meanwhile, TDA reflects a price of 28.36 down from 29.37. Some market makers are apparently trading. in any event, thanks for your input. TDA as usual has no idea what is going on.
A Simple 5 ETF, 10% Return Portfolio That Minimizes the Mean Absolute Deviation [View article]
But in order to make the process work, what is the methodology for making the mid course corrections and when do I do it? I know there is no holy grail but am I not left with the need to constantly monitor and change which as pointed out above, we "duffers" aint too good at.
Senator Lugar Wants to End America's Sugar Cartel [View article]
Good article and comments. The sugar industry is IMO one of the greatest scandals in our nations history. Not only do we keep cheaper world suppliers out of our market to the advantage of the sugar producers in this country who have damn near ruined the everglades, but we drive those south american potential suppliers into other products... cocaine. Then we subsidize the ethanol producers, thereby making corn for food stuffs more expensive then it need be in the US and thruout the world. Archer Daniels should be ashamed And every politician, including the ones you may have respect for have been sucking up political cash for years. Great country America but of course there is no corporate welfare.
Thoughts On Tim Cook's Testimony [View article]
Bet On Higher Interest Rates With ETFs [View article]
The Tide Has Gone Out On mREITs And Might Get Worse [View article]
How Oil Really Gets Priced [View article]
Thanks again.
The run-up, collapse, then run-up in the homebuilder stocks (XHB, ITB) from 1999-2012 bears a startling resemblance (charts) to the run-up, collapse, then run-up in tech from 1994-2007, notes RBS. The question now becomes if the homebuilders will follow the lead of tech from 2007-09, which was down again. [View news story]
American Capital Agency (AGNC) prices its 32M secondary, estimating gross proceeds of $1.09B (suggesting a price of about $34, roughly 16% above book value). Shares -3.2% premarket. (PR) [View news story]
The average strategist recommendation for allocation to bonds climbs to nearly 40%, surpassing the peak set at the epic stock market lows of winter 2009. A great chart via Bloomberg's Kevin Depew. [View news story]
The Latest Crisis Now Unfolding On Wall Street [View article]
AMEN brother. I have also collected articles for long time identifying the good guys and bad guys but nothing happens. (Iceland is starting to bring some of the bankers to justice). CNBC in particular is irresponsible. They had one of the leading bankers on the useless morning show some time ago and they all concluded that the financial crisis was just one of those things that will happen from time to time. Recently one of the idiots declared that the LIBOR lies was not a problem since no one wanted to borrow money anyway! They damn near pull down Dimon,s pants when he comes on. What an excuse for journalism. But I guess, just like politicians, they have to protect their ability to get money from the bankers (advertising and election support
Improving Your Return Profile With A Simple Momentum Strategy [View article]
I manually did a back test using quarter end data to pair AGG and RSP. Took me hours ! I now appreciate the amount of work you have done even more.!!
PS. Take a look at EFT REPLAY. com I think it can be most useful in paired trading analysis.
http://etfreplay.com
So far I have found the site replicates my manual analysis and in fact caugtht some errors.
Improving Your Return Profile With A Simple Momentum Strategy [View article]
Rising Interest Rates Are on the Way. Here's How to Protect Your Portfolio [View article]
On the contrary, i believe the results of your screen are helpful by showing that no screen produces a can't miss list.....more analysis and luck is requried. Screens also seem to define the stocks that are buy candidates in the world of "ought to be" whereas in the land of "IS", they may be stinkers. I am more and more convinced that some form of technical analysis is more important in stock selection than performance data..
Building a Model Income Portfolio Sector by Sector: Part 1 - Consumer Discretionary [View article]
VIV : TSP Merger [View instapost]
thanks for your input. But there is something strange going on here it seems to me. TD Ameritrade says the new certificates have not been delivered by the VIVO agent and therefore can not be sold in my account. Meanwhile, TDA reflects a price of 28.36 down from 29.37. Some market makers are apparently trading. in any event, thanks for your input. TDA as usual has no idea what is going on.
A Simple 5 ETF, 10% Return Portfolio That Minimizes the Mean Absolute Deviation [View article]
Senator Lugar Wants to End America's Sugar Cartel [View article]