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  • Chesapeake Energy downgraded at S&P on revised oil and gas price outlook  [View news story]
    The largest single energy bond position in HYG is the CHK 8.00 12/15/2022...00.32%
    of the portfolio...currently quoted around 44....was 49 on December 31st...
    Jan 26, 2016. 04:33 AM | Likes Like |Link to Comment
  • Earn 6.7% On Cash With A Decent Chance To Buy Exxon Mobil Under $60  [View article]
    I sold XOM January 2017 50 puts at 1.50...delta is now .12....Probability of touching as of the
    close yesterday is 14%....
    Jan 26, 2016. 03:55 AM | 2 Likes Like |Link to Comment
  • Gas Prices 'Going The Wrong Way'  [View article]
    On average...375 million gallons of gasoline are consumed each day in the United States...
    Jan 26, 2016. 03:46 AM | Likes Like |Link to Comment
  • They Stormed The Barricades: Has The Buying Panic Ensued?  [View article]
    If XOI rallies then XLE rallies and if XLE rallies then SPY rallies....
    Jan 25, 2016. 05:48 PM | Likes Like |Link to Comment
  • Texas Manufacturing activity falls sharply  [View news story]
    Texas Oil and Gas employment as a % of Total Texas Employment...2.4%

    Texas Manufacturing employment as a % of Total Texas Employment...7.1%

    Texas Service Providing employment as a % of Total Texas Employment... 84.7%
    Jan 25, 2016. 01:05 PM | 7 Likes Like |Link to Comment
  • The Death Rattle Coming From The Oil Patch  [View article]
    From the beginning of 2010 to the end of 2014 the world consumed a total of 170 billion barrels
    at a cost of around $90 a barrel ..lots of money being shifted around over the next 5 years...
    Jan 25, 2016. 11:30 AM | 4 Likes Like |Link to Comment
  • McDonald's beats by $0.08, beats on revenue  [View news story]
    Dollar saved per gallon of gas...gets you one Sausage McMuffin on the Dollar menu....
    Jan 25, 2016. 08:26 AM | 2 Likes Like |Link to Comment
  • Oil heads lower...have we actually hit a bottom?  [View news story]
    WTI December 2019 Futures...

    12/13 77
    12/14 70
    12/15 53

    This morning ....45
    Jan 25, 2016. 05:51 AM | 11 Likes Like |Link to Comment
  • S&P 500 Weekly Update: Is This The Early Stages Of Something More Dramatic, Or Just A Short-Term Pullback?  [View article]
    Lost in all the negatives of lower oil prices....

    http://bloom.bg/1UkEII0
    Jan 24, 2016. 01:55 PM | 1 Like Like |Link to Comment
  • Weighing The Week Ahead: A Dovish Tilt From The Fed?  [View article]
    Thanks again for the excellent compilation....

    Regarding Jobless Claims....

    Using the parameter for marking only those states that had both increasing year over year Initial Jobless Claims and increasing year over year Continuing Jobless Claims....

    At the end of 2006..there were 13 states with increasing yoy initial jobless claims and increasing yoy continuing jobless claims...

    At market high in October 2007..there were 19 states experiencing this condition..

    By the end of 2007 there were 23 states....

    Currently we are experiencing only 6 states with this condition and only 1 of these 6 are in the top
    10 State GDP states...Texas...at the end of 2007 there were 8 out of the top 10 State
    GDP states with this condition....
    Jan 24, 2016. 01:58 AM | 11 Likes Like |Link to Comment
  • Michael Bloomberg is seriously considering running for president  [View news story]
    Forget the media noise...focus on 4 states and you will know who will win....
    Colorado,Virginia,Ohio and Florida...
    Jan 24, 2016. 01:38 AM | Likes Like |Link to Comment
  • S&P 500 Weekly Update: Is This The Early Stages Of Something More Dramatic, Or Just A Short-Term Pullback?  [View article]
    As of Friday's close the High Yield Energy sector is priced at around 62 cents on the dollar....
    lots of defaults already priced in......last year at this time the High Yield Energy sector was priced around 87 cents on the dollar....
    Jan 23, 2016. 02:57 PM | 2 Likes Like |Link to Comment
  • Asset Class Weekly: High Yield Blood Bath  [View article]
    Joy Global 5.125 10/15/21...Cusip 481165AJ7....incredibly that bond
    was trading at 95 at the end of the 3rd qtr 2015....now 66....
    Jan 23, 2016. 12:41 PM | 3 Likes Like |Link to Comment
  • Asset Class Weekly: High Yield Blood Bath  [View article]
    "What is perhaps the most stunning about the list above is that it now includes some mega players in the energy space including big dog ConocoPhillips and other major players including Monsanto and Marathon Oil."

    I know Conoco bonds have taken a hit but which Conoco bonds are trading 25 % to 50% discount to par?
    Jan 23, 2016. 09:44 AM | 1 Like Like |Link to Comment
  • ETF Relationships That May Tell You When The Worst Is Over  [View article]
    This is the median income of an existing home buyer not the median household income (which is a lot lower) cited in the article.....


    "The median age of first–time buyers was 31, unchanged for the last three years, and the median income was $69,400 ($68,300 in 2014). The typical first–time buyer purchased a 1,620–square–foot home (1,570 in 2014) costing $170,000, while the typical repeat buyer was 53 years old and earned $98,700 ($95,000 in 2014). Repeat buyers purchased a median 2,020–square–foot home costing $246,400."
    Jan 23, 2016. 09:01 AM | 1 Like Like |Link to Comment
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