Seeking Alpha

bbro

bbro
Send Message
View as an RSS Feed
View bbro's Comments BY TICKER:
Latest  |  Highest rated
  • Market Update 3/14 -- "Take What The Market Gives You"  [View instapost]
    Interesting map on geographic location of Oil Rigs....

    http://bloom.bg/1xku0VQ
    Mar 14, 2015. 04:10 PM | Likes Like |Link to Comment
  • A Jerry big deal: 'Seinfeld' near streaming agreement [View news story]
    Yo Yo Ma....
    Mar 14, 2015. 03:17 PM | 3 Likes Like |Link to Comment
  • Market Update 3/14 -- "Take What The Market Gives You"  [View instapost]
    A nominal new low in Crude Oil with a corresponding positive divergence with MACD would be nice. We are in the zone where
    any dramatic weakness in crude oil should probably be bought with either for a conservative play selling OTM puts on USO or
    for a high risk play buying UCO.
    Mar 14, 2015. 10:50 AM | 2 Likes Like |Link to Comment
  • Energy Department reportedly considering oil purchase [View news story]
    It's a bid by Obama to win Texas electoral votes when he runs again...
    Mar 14, 2015. 09:07 AM | Likes Like |Link to Comment
  • A Bear Market Is Unlikely In 2015 [View article]
    mish,zero hedge jeff cox are seizing this Atlanta Fed forecast as a sign of gloom...excellent....
    Mar 14, 2015. 03:20 AM | 2 Likes Like |Link to Comment
  • A Bear Market Is Unlikely In 2015 [View article]
    "The only bear markets to not be associated with a recession were that of 1961-1962 and the bear market of 1987. Of these two, only that of 1987 qualifies as a "major" bear market."

    Notice the earnings yield of the S&P 500 as well as the Baa corporate yield at the market top for those bear markets...
    Mar 14, 2015. 02:58 AM | 2 Likes Like |Link to Comment
  • Rig count keeps falling, down 46% from October [View news story]
    What to look for when the Oil price bottoms by the Fat Pitch on February 4,2015...

    (1) the 50-dma flattens ; (2) multiple bottoms spread a few months apart ; (3) at least one failed test near the 50-dma ; and (4) a positive divergence in the MACD
    Mar 13, 2015. 05:32 PM | 2 Likes Like |Link to Comment
  • Rig count keeps falling, down 46% from October [View news story]
    Texas Oil Rig count now 501.on September 19,2014 it was 898...another couple hundred to go....
    Mar 13, 2015. 02:36 PM | 4 Likes Like |Link to Comment
  • Consumer sentiment declines in March [View news story]
    6 month moving average of this Index remains above its 18 month moving average....this indicator is full of too many false signals to give it primary notice but
    generally a recession doesn't start with the 6 month avg above the 18 month average...
    Mar 13, 2015. 02:08 PM | 2 Likes Like |Link to Comment
  • Initial Jobless Claims [View news story]
    Household survey which...."Includes the unincorporated selfemployed,
    unpaid family workers,
    agriculture and related workers,
    private household workers, and
    workers absent without pay"

    Using yoy change in NSA numbers...YoY Change in Household Survey as of
    February 2015 +2984

    YoY Change In Mining Quarrying and Oil And Gas extraction Employment NSA
    numbers (Household Survey) -187

    In the 1986 drop the YoY numbers for this category went negative for 16 consecutive months

    Mining Quarrying Oil and Gas extraction Employment to Total Employment (Household Survey ) as of February 2015....00.66% a year ago 00.80% In December 2007 it was 00.48%
    Mar 13, 2015. 06:13 AM | Likes Like |Link to Comment
  • Retail sales decline in February [View news story]
    "The strengthening labor market offers confidence that economic activity will accelerate in the second quarter of the year, also as consumer spending gets a tailwind from the massive savings from the lower gasoline prices in late 2014 and early this year."

    EX Gasoline station sales....i do love it when data is mis-analyzed....

    Year over Year change in Gasoline Station sales....


    2014 02 -1707.
    2014 03 -1612.
    2014 04 199.
    2014 05 503.
    2014 06 -392.
    2014 07 -427.
    2014 08 -731.
    2014 09 -1169.
    2014 10 -2110.
    2014 11 -2038.
    2014 12 -6805.
    2015 01 -11136.
    2015 02 -10668.
    Mar 12, 2015. 11:52 AM | 1 Like Like |Link to Comment
  • 10-year Treasury yield heads south following weak retail sales print [View news story]
    "Retail sales fell 0.6% in February, the third consecutive month of decline,"

    The 12 month moving average of Gasoline Station sales was 45.5 billion in October 2014...Gasoline Station sales are posting at a 35.5 billion pace for January and February
    Mar 12, 2015. 10:16 AM | 3 Likes Like |Link to Comment
  • Rig Count Data: No Bottom Yet... But Who Cares? [View article]
    "Investors hoping to get in at $50 and see oil quickly shoot up to $110 per barrel may be disappointed."

    The All time High for the December 2019 WTI contract was 89.01 on July 7 2014 today it trades at 66.85....all time low 64.90 on January 22,2015
    Mar 12, 2015. 09:47 AM | Likes Like |Link to Comment
  • Initial Jobless Claims [View news story]
    Dirt you get the Challenger Report in your team ....I''ll take Initial Jobless Claims (especially the Non Seasonally Adjusted numbers) on my team...
    Mar 12, 2015. 09:39 AM | 1 Like Like |Link to Comment
  • Retail sales decline in February [View news story]
    These are decent numbers....certainly no recession in sight...
    Mar 12, 2015. 08:49 AM | 1 Like Like |Link to Comment
COMMENTS STATS
10,145 Comments
16,274 Likes