Seeking Alpha

markrpat

markrpat
Send Message
View as an RSS Feed
View markrpat's Comments BY TICKER:
Latest  |  Highest rated
  • First Day Of Winter & Colder Temperature Forecasts, So Why Did Natural Gas Hit New Yearly Lows Friday? [View instapost]
    Note: second column are multipliers, but show how decay works. The actual % change in $UGAZ product of 1st and 2nd column.
    Dec 22, 2014. 07:37 AM | Likes Like |Link to Comment
  • First Day Of Winter & Colder Temperature Forecasts, So Why Did Natural Gas Hit New Yearly Lows Friday? [View instapost]
    Correction....0% daily change in benchmark = 0% change in $UGAZ. That's math for you.
    Dec 21, 2014. 08:48 PM | Likes Like |Link to Comment
  • First Day Of Winter & Colder Temperature Forecasts, So Why Did Natural Gas Hit New Yearly Lows Friday? [View instapost]
    Always have to remind myself that a 25% loss requires a 33% gain to break even...and that's without the required headaches and calculus of derivatives.
    Dec 21, 2014. 08:16 PM | Likes Like |Link to Comment
  • First Day Of Winter & Colder Temperature Forecasts, So Why Did Natural Gas Hit New Yearly Lows Friday? [View instapost]
    Thanks for the article, all good, for readers that have a more elementary understanding of how $UGAZ is intended to work - and is in line with the prospectus. Here's some additional information for readers (more elementary). This is why it's toxic going down more than up.

    % single daily change of SPGSNGP (benchmark/underlying) vs. $UGAZ % single daily change:

    -5 -3.35
    -4 -3.27
    -3 -3.20
    -2 -3.13
    -1 -3.06
    0 3.00
    +1 2.94
    +2 2.89
    +3 2.83
    +4 2.79
    +5 2.74

    This does not imply a progression for more than one day. Please correct me if I'm mistaken.
    Dec 21, 2014. 07:53 PM | Likes Like |Link to Comment
  • 6 billion reasons to like retail [View news story]
    Yep. Your point of view and analyses inspire real thought and further due diligence. Very nice to have you back Paulo!
    Nov 28, 2014. 05:13 PM | 1 Like Like |Link to Comment
  • Senate fails to approve Keystone XL pipeline [View news story]
    We can all relax for the Thanksgiving Holiday - even our northern brethren might take a breather. Best that nothing causes a ruckus. Now the news hounds can take a break? Whoops...now it's what if it would've passed, why it didn't, what stopped it, could it in the future - why or why not?...holy schnikes! Well...anyway P. Obama will be getting the break...and I'm sure he's relieved.
    Nov 18, 2014. 08:44 PM | 1 Like Like |Link to Comment
  • North Dakota to require producers to make oil less volatile before shipping [View news story]
    The aha moment. Never overlook the power of politics...and always look underneath the superficial.
    Nov 13, 2014. 07:54 PM | 1 Like Like |Link to Comment
  • Don't buy the Amazon dip - Barron's [View news story]
    I'm not big fan of "don't buy the dip". Especially if it's a significant dip. The thing to remember is if you do buy the dip, keep finger on the sell button. It's really not that hard to do.
    Oct 25, 2014. 09:13 PM | 1 Like Like |Link to Comment
  • IBM to make 'major announcement,' release earnings Monday morning [View news story]
    speculation...if they bought, did they buy too high given recent downturn? If splitting company...that's in the future.
    Oct 19, 2014. 06:39 PM | 1 Like Like |Link to Comment
  • Buying ZIV: A Better Option Than Shorting VXX [View article]
    before any confusion is sparked by my comment, I fully understand that long position on $ZIV is equivalent of shorting intermediate 4-7mo IV.
    Oct 19, 2014. 06:37 PM | Likes Like |Link to Comment
  • IBM to make 'major announcement,' release earnings Monday morning [View news story]
    Great...more drama for the market to absorb.
    Oct 19, 2014. 06:08 PM | Likes Like |Link to Comment
  • Buying ZIV: A Better Option Than Shorting VXX [View article]
    Good article. I still think it's okay to trade $ZIV, even over a few days. I think of it as a damped price movement of $VIX. I may sell it, but not in a panic. Always willing to buy it back lower. Nonetheless, I fully understand the article and terminologies of contango, backwardation on 2 point comparisons; also inverted and normal as related to term structure. How long you hold it depends on size of position, whether you're using it as a hedge, and whether you think we will return to a "recent normal" spot $VIX of 12-15ish.
    Oct 19, 2014. 06:04 PM | 1 Like Like |Link to Comment
  • Anatomy Of A Market Bubble [View article]
    my bad...too many zeros...1 trillion? hard to keep track with all the debt moving around at the speed of light.
    Sep 21, 2014. 07:23 PM | Likes Like |Link to Comment
  • Anatomy Of A Market Bubble [View article]
    Thanks for the Article. Lot's of effort. I've done my very best to read and understand the article in 1 hour or less. I failed.

    I do have one simple question (please forgive me): What happened to the mortgage debt outstanding by all holders (in 1st FRED table). I understand it may be on the asset side of the FED balance sheet, but were the obligations paid off, are they being paid off, forgiven or lost in the shuffle? Did 10 trillion of debt disappear before the end of the recession?
    Sep 21, 2014. 06:32 PM | Likes Like |Link to Comment
  • Reports of escalation in Ukraine send markets south [View news story]
    I was holding back MI. A test of nerves indeed.
    Aug 15, 2014. 03:00 PM | Likes Like |Link to Comment
COMMENTS STATS
211 Comments
110 Likes