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bbro

bbro
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  • Market Update 7/11--- Stay Focused - China And Greece Are Non Issues. [View instapost]
    Excellent summation...for what it's worth...the Semiconductor sector generated a buy from my technical signals this week...
    Jul 11, 2015. 09:46 AM | Likes Like |Link to Comment
  • The Stealth U.S. Stock Market Correction [View article]
    "The decline in leading transportation stocks is even more surprising given the weakness in crude oil prices over the past year"

    USO the WTI crude oil ETF has been around 9.23 years...over that time the
    correlation between USO and IYT ( the transportation ETF) has been .2628....
    before the great collapse in oil prices over the last year the correlation was .2755....
    Jul 10, 2015. 02:27 AM | Likes Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #77 [View instapost]
    "examining employment statistics, as the canary in the coal mine, is about as useless as a screen door on a submarine. "

    A summary dismissal....best of luck....
    Jul 10, 2015. 12:59 AM | 1 Like Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #77 [View instapost]
    "Employment is lagging on economy in general."

    You need to track the momentum of job growth....there is your leading indicator....
    Jul 9, 2015. 06:44 PM | 1 Like Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #77 [View instapost]
    Employment in and of itself is a coincident and sometimes lagging ....it is the momentum that you track using year over year and various moving averages to get the inflection point. Change in momentum precedes change in direction. The reason I cite numbers like "all time highs" or " highest in 40 months" it conveys the message momentum has not started declining. Either way you think we might get a sell off and I expect a selloff (not a big one).
    Jul 9, 2015. 06:33 PM | 3 Likes Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #77 [View instapost]
    I don't know enough about the transport stocks to intelligently
    or unintelligently answer the question. I do feel that if the economy was weakening truck transportation employers would not be hiring and declining job growth momentum in truck transportation employment would manifest itself very early
    just like it did in 2007. To me the big question right now is this
    a corrective phase or a consolidation phase. I don't know but if
    we get a corrective phase (5% to 10%)... I am buying more stuff...
    Jul 9, 2015. 06:16 PM | 1 Like Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #77 [View instapost]
    In the June Payroll numbers truck transportation employment
    printed an all time high....

    http://bit.ly/1ToH6h8
    Jul 9, 2015. 06:01 PM | 1 Like Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #77 [View instapost]
    70 day stochastic for the VIX broke above 80 today ...would like to see this go above 90 or 95 to initiate a series of buys (index or sector etfs)...would give the 80 level more credence if we had a deeper selloff
    Jul 9, 2015. 05:37 PM | 2 Likes Like |Link to Comment
  • Jobless Claims jumps 15K to 297K [View news story]
    Seasonal factors...non seasonally adjusted speaking...No recession on the horizon....
    Jul 9, 2015. 08:33 AM | 3 Likes Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #77 [View instapost]
    Lomh...

    Inverse ETFS and especially Leveraged inverse ETFs are
    generally very crappy investment vehicles so you want
    to have a mechanism that tells you to do the opposite
    of them.
    Jul 9, 2015. 02:42 AM | 1 Like Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #77 [View instapost]
    Inverse ETF's can give good buy signals. They tend to spike through the lens of stochastics. I use a form of 70 day stochastic as a measurement. EDZ (3x Emerging Markets Bear)
    ETF printed a double barrel today. EDZ closed above 90
    on the 70 day stochastic and the 14 day RSI was above 70.These are generally profitable signals to follow...meaning EEM
    is a buy or a derivative of EEM is a buy.
    Jul 8, 2015. 08:19 PM | 3 Likes Like |Link to Comment
  • Trading halted on NYSE [View news story]
    Alright...who stepped on the the extension cord????
    Jul 8, 2015. 12:32 PM | 8 Likes Like |Link to Comment
  • Trading halted on NYSE [View news story]
    Rats....zerohedge back up....
    Jul 8, 2015. 12:10 PM | 4 Likes Like |Link to Comment
  • Trading halted on NYSE [View news story]
    Bring back the barter system...
    Jul 8, 2015. 12:02 PM | 3 Likes Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #77 [View instapost]
    JOLTS numbers indicate no recession on the horizon...looking to
    buy more index funds and select sectors...not today...did
    sell more SPY June 2016 150 puts...
    Jul 7, 2015. 12:10 PM | 2 Likes Like |Link to Comment
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