Send Message
View as an RSS Feed
  • Chinese-Russian Credit Rating Agency Is A Haymaker Solution To Mounting Problems  [View article]
    I would call the "list of troubles" greatly exaggerated. Average people, like myself, keep doing their jobs, occasionally entertaining ourselves by western media comic threats as well as UTube jewel clips starring Jane Psaki. Seriously, humankind for some reason needs to get through Carribean-crisis-like episodes time by time, cleansing itself off the compounded frustration and impotence. The absolutely disastrous thing is that these self-purifying sessions take people's lives...
    Jun 6, 2014. 10:35 AM | 1 Like Like |Link to Comment
  • Gold (GLD -2.1%), (IAU -2.2%) sinks back below $1,400 as the bounce since mid-April is officially over. At work here, suggests RBC Capital, is the strong stock market. To participate, foreign investors sell gold, buy dollars (UUP is up big in May), and call their stockbrokers. Commerzbank notes gold ETF outflows were another 6 tons yesterday, bringing the total since early April to 230 tons. Silver (SLV -3.1%) tags along.  [View news story]
    This looks technically as the second dip before the final upsurge. Not trying to appear biased, but technical picture is really nice looking
    May 15, 2013. 12:07 PM | 5 Likes Like |Link to Comment
  • WellPoint (WLP): Q1 EPS of $2.94 beats by $0.56. Revenue of $17.5B (+15.8% Y/Y) misses by $0.53B. (PR[View news story]
    The market for some reason has been more focused on the revenue growth, so...
    Apr 24, 2013. 07:18 AM | Likes Like |Link to Comment
  • Bernanke's Bull And Why I Hate QE  [View article]
    US statisticians invented word "core" and attached it to seemingly incompatible word "inflation". "Core" means those CPI components that never rise no matter what happens in an economy.
    Mar 31, 2013. 08:57 AM | 1 Like Like |Link to Comment
  • Emerging Markets: Investor Survey Says...  [View article]
    But what about BRICS' fixed income market? I was under impression that it's thriving....
    Mar 24, 2013. 09:35 AM | Likes Like |Link to Comment
  • Are Defense Sector ETFs A Post-Sequester Bargain?  [View article]
    That's what I think is going to happen too — profit taking. And don't be misled by historical lows of VIX. What matters is CME put/call ratio.
    Feb 20, 2013. 03:37 PM | Likes Like |Link to Comment
  • Reasons Not To Buy Gold?  [View article]
    <<we have not had a period of high inflation in this country since the late 1970's>> Sorry, but past performance in no guarantee of future results. Recall same notion about the US home prices, that "never declined in the entire post-war period"... Any lessons learned?
    Feb 12, 2013. 09:19 AM | 5 Likes Like |Link to Comment
  • FOMC Statement April 2012, Redacted Version  [View article]
    Exhilarating mockery job! :)
    Apr 26, 2012. 07:21 AM | Likes Like |Link to Comment
  • Will China Dump U.S. Debt?  [View article]
    That's another point - why China doesn't let down the european debt market....
    Aug 1, 2011. 09:50 AM | 1 Like Like |Link to Comment
  • Why a Large Upward Price Movement in Platinum Is Ahead  [View article]
    I completely agree! The today's 10% price discrepancy between gold and platinum looks like Alice-in-Wonderland-like fantasy. It has never been that way before!
    Jul 18, 2011. 10:21 AM | 3 Likes Like |Link to Comment
  • Asian shares dragged down by Wall Street slump 
    It still looks like a perfectly staged selloff - no decent market indicator, including put/call ratio, point to any upcoming drama.
    May 12, 2011. 04:32 AM | Likes Like
  • Something Spooky About the Way This Rally Is Unfolding  [View article]
    Although my title ostensibly points to a precise sphere of interest, I don't discriminate between trading the international stocks, ETF's and the domestic stocks. I wrote my own opinion last week on Friday:
    Although there is very few opportunities to get a decent return these days, I stay away from this rally, because I am as much afraid as you.

    Also, in terms of the WTI/ICE Brent spread, I made an analysis: one of the reasons of its sustainability is shortage of trans-atlantic tankers due to excessive use of them for oil storage purpose by the Chinese. There is a Flash Note on this issue published last Thursday, but unfortunately it is still only in Russian.
    Feb 21, 2011. 01:13 AM | 2 Likes Like |Link to Comment
  • The U.S.: Land of the Free and Home of a Nearly Failed Treasury Auction of Its Own  [View article]
    Unbelievable, but the best performer in my Special Event portfolio to date is TBT US. It was bought to neutralize my main holdings - coal, soybeans and TNK-BP, but it turned out to be a superstar!
    Feb 9, 2011. 08:03 AM | Likes Like |Link to Comment
  • New Coal ETF Offers Alternative to Oil  [View article]
    It's a great pissoff that there are no coal ETF's with physical commodity as underlying asset.
    Feb 3, 2011. 11:14 AM | Likes Like |Link to Comment
  • U.S. Energy Policy Is Responsible for Unrest in Egypt  [View article]
    With WTI trading at $10 discount to ICE Brent on the manmade artificial abundance at Cushing, I don't see a particular reason to talk about the US addiction to imported oil. Not at this point. Not now.
    Jan 31, 2011. 07:43 AM | Likes Like |Link to Comment