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bbro

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  • Weighing The Week Ahead: Will Soft Economic Data Confirm The Commodity Price Story? [View article]
    "The St. Louis Fed has some interesting ideas about one of our regular themes - How to Measure the Black Market.:

    One of the better measures of the underground economy is real currency growth (Cash)....Real currency growth is currently 6.6%.....No recession has occurred over the last 55 years without this measurement going negative first....
    Aug 2, 2015. 04:17 PM | 3 Likes Like |Link to Comment
  • Weighing The Week Ahead: Will Soft Economic Data Confirm The Commodity Price Story? [View article]
    Excellent compendium....have a great and well deserved vacation...

    P.S. The ADP report does have much greater value than investors realize...
    Aug 2, 2015. 05:18 AM | 6 Likes Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #79 [View instapost]
    Bloomberg High Yield Energy Corporate Bond Index closed up
    for the week.....+00.40%...and is 4.2% above the December 16 low made for this index ( a 4 year low)....

    Yield to Maturity currently 11.68%
    Aug 1, 2015. 04:23 AM | Likes Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #79 [View instapost]
    For the week...

    S&P 500 +1.2%
    S&P 400 +1.8%
    S&P 600 +1.6%
    Jul 31, 2015. 04:31 PM | Likes Like |Link to Comment
  • Exxon Mobil off 1.8% premarket after lowest profit since 2009 [View news story]
    "US is clearly headed for a recession,"

    Nope....
    Jul 31, 2015. 08:43 AM | 15 Likes Like |Link to Comment
  • Exxon Mobil off 1.8% premarket after lowest profit since 2009 [View news story]
    The Mining Exploration,Shaft and Wells component in GDP ( measured in the Structures GDP component) dropped 52% yoy in the 1986 oil collapse....dropped 50% yoy
    in the 2009 oil drop...in the GDP number yesterday (2q 2015) this number came in at -40% yoy.....
    Jul 31, 2015. 08:34 AM | 4 Likes Like |Link to Comment
  • Am I Bearish Or Are You Just WAY Too Bullish? [View article]
    Mr. Buylow N. Sellhigh....
    Jul 30, 2015. 09:06 AM | Likes Like |Link to Comment
  • Jobless Claims up 12K to 267K [View news story]
    No Recession....on the horizon....
    Jul 30, 2015. 08:49 AM | 2 Likes Like |Link to Comment
  • Tepid rebound in GDP in Q2 [View news story]
    Year Over Year Nominal GDP minus Gasoline Consumption...+3.95%
    Jul 30, 2015. 08:41 AM | 8 Likes Like |Link to Comment
  • Shell profit tumbles, to slash 6,500 jobs [View news story]
    "Today’s oil price downturn could last for several years, and Shell’s planning assumptions reflect today’s market realities. The company has to be resilient in today’s oil price environment, even though we see the potential for a return to a $70-$90 oil price band in the medium term."

    Brent December 2019 crude oil futures....$69
    Jul 30, 2015. 07:05 AM | 1 Like Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #78 [View instapost]
    According to the Eurodollar futures curve 2% 3 month Libor was priced at the start of the year in March 2017......today 2% 3 month libor appears in March 2018...
    Jul 29, 2015. 03:04 PM | 1 Like Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #78 [View instapost]
    Very nice snapback today....rats....guess I will enjoy the weather....
    Jul 28, 2015. 11:45 AM | 3 Likes Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #78 [View instapost]
    Bloomberg has plethora of information but it is a struggle to find information available for free. I asked a corporate bondtrader if there was index that tracks High Yield Energy Bonds..
    he suggested looking at the Bloomberg High Yield Energy Bond Index...it consists of 400 issues with minimum par amounts of 250 million and minimum maturity of 1 year or longer..it has an average life of 5.95 years and yield to maturity of 11.74%...so these really are the energy junk bonds....Pricing data is a day behind which stinks but I can work with it currently as you can see it closed yesterday at 122.84...the recent high was 135.70 on May 15 the low in this selloff was
    119.05 on December 16th....

    http://bloom.bg/1DLpdzZ
    Jul 28, 2015. 07:36 AM | 1 Like Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #78 [View instapost]
    S&P 400 is now 5.5% off its high...S&P 600 is now 6.1% off its high....
    Jul 27, 2015. 04:04 PM | Likes Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #78 [View instapost]
    Still not touching XLE....
    Jul 27, 2015. 03:43 PM | Likes Like |Link to Comment
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