bbro's Comments bbro's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.com/user/386082/comments There is no precedent for the current market, writes The Fat Pitch. Consider: 1) The S&P (SPY) has been up 56 of 88 trading sessions this year 2) It's up an uncorrected 24% since the post-election low - the longest streak in over 3 decades 3) The Nasdaq (QQQ) is on pace for a 7th straight up month, an occurrence with a 3-in-100 probability. Long term it's bullish, writes Ukarlewitz, as this sort of strength is rarely the end of a trend. Short term? Stay nimble. http://seekingalpha.com/currents/post/1034041?source=feed#comment-19003771 19003771 1600 before the end of the year...72% chance of 1735.... 53% chance of 1550...and 50% chance of 1800....]]> Sun, 19 May 2013 16:11:54 -0400 1600 before the end of the year...72% chance of 1735.... 53% chance of 1550...and 50% chance of 1800....]]> What To Do When Things Are Nuts? http://seekingalpha.com/article/1445431/comments?source=feed#comment-18997011 18997011 $7.3 trillion in loans and leases at these banks...If you were a bank what
would you pay for money coming into deposit??]]> Sun, 19 May 2013 11:40:21 -0400 $7.3 trillion in loans and leases at these banks...If you were a bank what
would you pay for money coming into deposit??]]> There is no precedent for the current market, writes The Fat Pitch. Consider: 1) The S&P (SPY) has been up 56 of 88 trading sessions this year 2) It's up an uncorrected 24% since the post-election low - the longest streak in over 3 decades 3) The Nasdaq (QQQ) is on pace for a 7th straight up month, an occurrence with a 3-in-100 probability. Long term it's bullish, writes Ukarlewitz, as this sort of strength is rarely the end of a trend. Short term? Stay nimble. http://seekingalpha.com/currents/post/1034041?source=feed#comment-18996731 18996731 Sun, 19 May 2013 11:30:27 -0400 There is no precedent for the current market, writes The Fat Pitch. Consider: 1) The S&P (SPY) has been up 56 of 88 trading sessions this year 2) It's up an uncorrected 24% since the post-election low - the longest streak in over 3 decades 3) The Nasdaq (QQQ) is on pace for a 7th straight up month, an occurrence with a 3-in-100 probability. Long term it's bullish, writes Ukarlewitz, as this sort of strength is rarely the end of a trend. Short term? Stay nimble. http://seekingalpha.com/currents/post/1034041?source=feed#comment-18996451 18996451
Can somebody check that statistic?? 1995 went the whole year without a 5%
correction....]]> Sun, 19 May 2013 11:16:26 -0400
Can somebody check that statistic?? 1995 went the whole year without a 5%
correction....]]> If we keep moving up like this, stocks could go "parabolic," says Art Cashin. The stocks that have the heaviest short positions have already raced ahead of the indices, and they are going to crumble if we keep going. (Video). http://seekingalpha.com/currents/post/1033841?source=feed#comment-18989001 18989001 Sat, 18 May 2013 17:52:57 -0400 Ben Bernanke may not have overtly mentioned monetary policy during prepared remarks for a commencement address at Bard College Saturday, but he did reference Yogi Berra, and in the process made a statement that those of a cynical persuasion might say could have been pulled not only from the quips of a baseball legend, but from any recent speech by hawkish regional Fed presidents (I, II, III): "It's tough to make predictions, especially about the future." Some would undoubtedly say the Chairman should consider this sage advice when making conjectures about the supposedly benign effects of policy tightening. http://seekingalpha.com/currents/post/1034021?source=feed#comment-18988891 18988891 Sat, 18 May 2013 17:48:23 -0400 Market recap: The familiar buy-the-dip trade was back in action, and a bigger than expected rise in consumer sentiment plus a gain in leading economic indicators bolstered the view that maybe the economy isn't so bad. All key S&P sectors were in the green, led by energy and industrials. The dollar index jumped to its highest since July 2010, one of the factors behind gold's seventh straight losing session. http://seekingalpha.com/currents/post/1033541?source=feed#comment-18963411 18963411 Fri, 17 May 2013 17:18:27 -0400 Apr. Leading Indicators: Leading Index +0.6% to 95.0 vs. +0.3% expected, -0.1% prior. Coincident Index +0.1% vs. -0.1% prior. Lagging Index +0.1% vs. +0.3% prior . http://seekingalpha.com/currents/post/1032451?source=feed#comment-18941951 18941951 Fri, 17 May 2013 10:16:23 -0400 Beware Long-Term Damage From Stock Market Bubble Forming Now http://seekingalpha.com/article/1441281/comments?source=feed#comment-18939171 18939171 on this?? and could you reference it for me?...Thanks...]]> Fri, 17 May 2013 09:20:31 -0400 on this?? and could you reference it for me?...Thanks...]]> Stocks at all-time highs aren't reeling in too many investors to the bullish side on the AAII Investor Sentiment Survey which shows a 2.3 point decline in bulls to 38.5% - just below the long-term average of 39%. Bears gained 1.9 points to 29.3%. also just under the long-term average. http://seekingalpha.com/currents/post/1031741?source=feed#comment-18936351 18936351 there is a 72% of the S&P 500 hitting 1850 over the next 2 and half years and a
68% chance of hitting 1450 over the next 2 and half years....]]> Fri, 17 May 2013 08:28:07 -0400 there is a 72% of the S&P 500 hitting 1850 over the next 2 and half years and a
68% chance of hitting 1450 over the next 2 and half years....]]> Now It's Really Time For A Flat Tax http://seekingalpha.com/article/1443011/comments?source=feed#comment-18934171 18934171 501 c world.....]]> Fri, 17 May 2013 06:54:56 -0400 501 c world.....]]> A worldwide poll of investors, analysts, and traders conducted by Bloomberg shows more than two thirds believe the U.S. economic recovery is "sustainable," while only a little over a quarter of those surveyed see a return to recession within the next two years. Key drivers of the upbeat forecast include increasing energy independence, rising home values, and "a pause in partisan budgetary battles in Washington" (there's agreement in Washington?). Housing, it seems, is the main talking point: "Anyone who isn't long real estate housing is a moron," Axiom Management's Stan Jonas is quoted as saying. http://seekingalpha.com/currents/post/1031491?source=feed#comment-18933961 18933961 Fri, 17 May 2013 06:39:17 -0400 Market recap: Stocks staged a mild retreat from record highs as talk of a Fed wind-down from its bond-buying program grows louder. Downbeat reports on jobless claims and housing starts weighed on sentiment at the open. Most S&P sectors fell, led by health care and utilities, while techs rallied after Cisco (+12.5%) topped expectations. Treasurys rose, pulling the 10-year yield to 1.87%. http://seekingalpha.com/currents/post/1030851?source=feed#comment-18915071 18915071 Thu, 16 May 2013 16:15:22 -0400 It's Now Safe To Sell http://seekingalpha.com/article/1439021/comments?source=feed#comment-18886861 18886861 Thu, 16 May 2013 06:22:52 -0400 It's Now Safe To Sell http://seekingalpha.com/article/1439021/comments?source=feed#comment-18884881 18884881
Why June?? Why not August or September?]]> Thu, 16 May 2013 02:41:36 -0400
Why June?? Why not August or September?]]> Unsupportable Fervor Requires An ETF Wish List http://seekingalpha.com/article/1438061/comments?source=feed#comment-18867471 18867471 a 5% to 7% pullback....]]> Wed, 15 May 2013 16:48:46 -0400 a 5% to 7% pullback....]]> April Industrial Production: -0.5% vs. -0.2% expected, +0.4% prior. Capacity utilization 77.8% vs. 78.3% consensus; 78.5% prior. http://seekingalpha.com/currents/post/1026391?source=feed#comment-18844861 18844861 Wed, 15 May 2013 09:31:17 -0400 GMO's 7-year asset allocation model for U.S. stocks (VTI) is now predicting negative returns, says James Montier, presenting at the London Value Conference, and telling the audience GMO is now 50% in cash. Liking Europe (VGK, EZU, FEZ) a year ago, the big run has GMO less excited now. The best value could be emerging markets (EEM, DEM, VWO), but China's property bubble has GMO allocating less to EM than its models suggest. http://seekingalpha.com/currents/post/1023391?source=feed#comment-18810421 18810421 Tue, 14 May 2013 11:20:58 -0400 Ben Bernanke will likely retire early next year, says CYS Investments (CYS -1.6%), presenting at JMP, with no one emerging to supplant Janet Yellen as next Fed chief. Bernanke is an open book, they say, but while Yellen is thought to be quite dovish, she may prove to be more of a pendulum. Importantly, 2 hawks are rotating onto the FOMC voting role next year - not necessarily changing policy, but certain to create "more noise."  http://seekingalpha.com/currents/post/1021501?source=feed#comment-18768981 18768981 Mon, 13 May 2013 12:51:07 -0400 The mortgage REITs are lit up bright red (MORT -1.9%), again led by American Capital Agency (AGNC -3.5%) and American Capital Mortgage (MTGE -3%), with Annaly (NLY -3.1%) not far behind. Yes, the 10-year Treasury yield is a 3 bps higher, but there's also rare action in Fed Funds futures, now pricing in a whopping 50 bps in rate hikes by this time 2016. AGNC presents at the JMP Conference at 2 ET. http://seekingalpha.com/currents/post/1021481?source=feed#comment-18768561 18768561 Mon, 13 May 2013 12:44:14 -0400 Stock index futures move to session highs following the big beat on retail sales, SPY -0.1% premarket. Excluding a 4.7% decline in gasoline sales, retail spending grew 0.6% in April. Bond prices continue their recent slide, the 10-year note off half of a point. The yield may challenge 2% today. TLT -0.9% premarket. http://seekingalpha.com/currents/post/1020731?source=feed#comment-18763161 18763161 Mon, 13 May 2013 10:53:37 -0400 Stock index futures move to session highs following the big beat on retail sales, SPY -0.1% premarket. Excluding a 4.7% decline in gasoline sales, retail spending grew 0.6% in April. Bond prices continue their recent slide, the 10-year note off half of a point. The yield may challenge 2% today. TLT -0.9% premarket. http://seekingalpha.com/currents/post/1020731?source=feed#comment-18762161 18762161 Mon, 13 May 2013 10:34:46 -0400 Apr. Retail Sales: +0.1% vs. -0.3% expected, -0.05% prior (revised). Ex-auto -0.1% in-line with expectations. http://seekingalpha.com/currents/post/1020681?source=feed#comment-18756491 18756491 Mon, 13 May 2013 08:39:07 -0400 Priced in gold, the median single-family home is down 74% from its 2001 peak. But since making new 32 year lows last year, the gold-metered single-family home price has just broken above its eight-year, downward sloping trend channel. (Chart of the Day) http://seekingalpha.com/currents/post/1019961?source=feed#comment-18742231 18742231 Sun, 12 May 2013 17:51:27 -0400 Priced in gold, the median single-family home is down 74% from its 2001 peak. But since making new 32 year lows last year, the gold-metered single-family home price has just broken above its eight-year, downward sloping trend channel. (Chart of the Day) http://seekingalpha.com/currents/post/1019961?source=feed#comment-18742051 18742051 predators and annoying neighbors??.....]]> Sun, 12 May 2013 17:31:18 -0400 predators and annoying neighbors??.....]]> Investing Decisions Based On A Jobs Report With No Forward Vision http://seekingalpha.com/article/1427581/comments?source=feed#comment-18728481 18728481 (especially with the month to month obsession). I personally like this
misread...after all it is a near zero sum game.]]> Sun, 12 May 2013 08:17:56 -0400 (especially with the month to month obsession). I personally like this
misread...after all it is a near zero sum game.]]> Best ETFs For The Coming Blow Off Top http://seekingalpha.com/article/1427481/comments?source=feed#comment-18726491 18726491 Sun, 12 May 2013 04:00:32 -0400 "They say unemployment rate, but they really mean" the S&P 500 (SPY), says David Rosenberg, referring of course, to the esteemed members of the FOMC. "After all, to get the wealth effect to work on spending, you have to generate the wealth," he continues. As for the sustainability of the rally in both equities and fixed income, Rosenberg is having déjà vu: "Distortions caused by negative real interest rates, the mis-pricing of risk and promotion of leverage sounds a lot like the previous cycle … enjoy it while you can." (Also: NYSE margin debt signals return of leverage) http://seekingalpha.com/currents/post/1019941?source=feed#comment-18725571 18725571 Sun, 12 May 2013 01:39:28 -0400 The End Of QE Won't Kill This Bull Market http://seekingalpha.com/article/1425531/comments?source=feed#comment-18706351 18706351 Obsession of QE has made many an investor miss the bigger picture...
the business cycle...which has years until it hits its peak....]]> Sat, 11 May 2013 08:26:51 -0400 Obsession of QE has made many an investor miss the bigger picture...
the business cycle...which has years until it hits its peak....]]> On Being Rick Santelli http://seekingalpha.com/article/1423401/comments?source=feed#comment-18682301 18682301 Fri, 10 May 2013 13:30:14 -0400