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bbro

bbro
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  • Pending home sales reach the highest level since May 2006 [View news story]
    "Lumber prices are a little less strongly correlated
    with NSA housing starts (0.5187) than with SAAR
    housing starts (0.5474). In contrast, lumber
    production is more strongly correlated with NSA
    housing starts (0.8212) than with SAAR housing
    starts (0.7838)'

    From Forest Research Group...
    May 28, 2015. 03:05 PM | Likes Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #76 [View instapost]
    In early January I initiated a long USO position with short OTM calls
    and short OTM Puts...I exited the Long USO position about a month ago and have retained my short USO Oct 2015 26 calls , my short USO Oct 2015 16 puts and my short USO Oct 2015 14 puts...
    I expect the calls and puts to expire worthless....
    May 28, 2015. 02:16 PM | 1 Like Like |Link to Comment
  • Pending home sales reach the highest level since May 2006 [View news story]
    The direction is what is important...change in momentum precedes change in direction
    May 28, 2015. 11:31 AM | 1 Like Like |Link to Comment
  • Consumer sentiment declines yet again [View news story]
    I do not consider this indicator a primary indicator...
    May 28, 2015. 11:24 AM | Likes Like |Link to Comment
  • Pending home sales reach the highest level since May 2006 [View news story]
    "The index has now increased year-over-year for eight consecutive months and is at its highest level since May 2006 "

    'An index of 100 is equal to the average level of contract activity during 2001, the first year to be analyzed."
    May 28, 2015. 11:14 AM | 1 Like Like |Link to Comment
  • Consumer sentiment declines yet again [View news story]
    The usefulness of this number is in the year over change which they used to readily
    provide but now that is a big negatory...got to pay something to somebody to get access...
    May 28, 2015. 10:32 AM | Likes Like |Link to Comment
  • Dr. Lacy Hunt On U.S. Endgame And Greatest Risk To Financial Markets [View article]
    Poppa...if you really think we are going to hell in a handbasket... WHOSX does
    perform better than TLT...
    May 28, 2015. 09:19 AM | Likes Like |Link to Comment
  • Initial Jobless Claims [View news story]
    http://bit.ly/1FiqZJn
    May 28, 2015. 09:05 AM | 3 Likes Like |Link to Comment
  • Dr. Lacy Hunt On U.S. Endgame And Greatest Risk To Financial Markets [View article]
    " I think there's great value in the long end of the treasury market."

    Dr Hunt is hardly an unbiased observer....note his company's focus...

    "Hoisington Investment Management Company focuses on long-term investment strategies that utilize only U.S. Treasury securities. "

    You think he will ever say long term treasuries are doo...."please buy my fund"
    May 28, 2015. 07:38 AM | Likes Like |Link to Comment
  • Is The Strong Dollar A Showstopper For Stock Bulls? [View article]
    "With a big GDP number coming Friday, it is important to remain flexible and open-minded. The market will guide us if we are willing to listen."

    The GDP number itself (especially with the Oil and gas drop in price ) is a secondary issue what
    is important is to watch the relationship of various cyclical GDP components to overall GDP...there lies your predictiveness....
    May 28, 2015. 05:18 AM | 1 Like Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #76 [View instapost]
    I use the VIX to give me buy signals using a 70 day stochastic...
    sell signals are iffy at best...especially if the environment is nonrecessionary like now....
    May 27, 2015. 04:31 PM | Likes Like |Link to Comment
  • Texas Manufacturing Activity Contracts Further [View news story]
    Texas Service Sector survey for April...

    "Texas service sector activity increased in April, according to business executives responding to the Texas Service Sector Outlook Survey. The revenue index, a key measure of state service sector conditions, rose from 10.7 to 14.6, its highest reading so far this year."


    Manufacturing is 7.5% of total Texas employment
    May 27, 2015. 05:36 AM | Likes Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #76 [View instapost]
    We have not had one 5% correction ( in S&P 500 on a closing basis) this year...
    even 2013 had one...the last time we had a year in which there
    was no 5% correction during the year was in 1995...
    May 26, 2015. 03:11 PM | 1 Like Like |Link to Comment
  • Best Ways To Invest -- What's Your Opinion? A Place To Share Ideas! #76 [View instapost]
    Just in from GDPnow...

    "Following this morning's advance durable manufacturing report from the U.S. Census Bureau, the forecast for second-quarter real equipment investment growth increased from 3.5 percent to 5.1 percent'

    Will get an even better read from this tracking model on June 1 when new Personal Income and ISM numbers come in...the current number for all of 2nd qtr is now .8 but I wouldn't give it a lot of meaning until you get some more numbers...the equipment spending number is important because it is growing faster than overall GDP...
    May 26, 2015. 12:51 PM | 2 Likes Like |Link to Comment
  • New home sales bounce in April [View news story]
    Completed New homes for Sale...49,000....no recession starts with levels this low....
    May 26, 2015. 10:04 AM | 1 Like Like |Link to Comment
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