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markrpat

markrpat
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  • CNBC's Jim Cramer says he's witnessing something in the market he hasn't seen in all his 34 years of investing - something that tells him this bull market is more powerful than any we've ever experienced. First, investors aren't taking profits after good news, which is usually the norm. Second, stocks aren't re-tracing to fill in any gaps after popping on good news, they just keep going higher. Lastly, even on bad news, stocks are roaring even higher. This is a "surrealist moment," Cramer says. Managers who have been taught never to chase stocks are getting killed. This is bull is "crushing even the most skilled of matadors." (Video[View news story]
    Pre-trumpeteers! Good for the near term. As they say, then the singing starts, everyone wants to join in. Then wait for the fat lady. Exit before the party winds down, or you get caught in the early morning cleanup.
    May 13 08:15 PM | Likes Like |Link to Comment
  • Unraveling The VXX Roll Yield Riddle [View article]
    Thanks for writing the article, bold to try to tackle this subject. Alot of effort. It will take me alot of effort to break down, so I'll save it. One thing worth mentioning is "rule of 16" if you don't feel like getting a degree in mathematics.
    May 9 07:07 PM | 1 Like Like |Link to Comment
  • It's Almost May, So Go Away [View article]
    Pompano-
    "The Central Bank"......pathetic...... you're a laugh.
    Apr 26 09:55 PM | Likes Like |Link to Comment
  • It's Almost May, So Go Away [View article]
    Pompano-
    "If you are not all in now what type of market would get you to invest"

    All in?? really? Sounds like gambling to me.

    Anybody who thinks everything is on an even keel in ANY market with what's going on in this world is a fool. The rug can be pulled out from under your feet in 2 DAYs!

    Futures and Credit Markets rule the stock market like a flea on a dog's tail. The amount of debt (both public and private) is staggering! Meanwhile, massive amounts of leveraged currency can change hands overnight while you sleep.

    All good things come to an end, the problem is you don't know when.

    You mention "the central bank". Which central bank are you referring?

    And what does Charlie Rose have to do with your life savings?

    You're right, it's not a time to get "cute", most people don't look at life savings "as a matter of cuteness".
    Apr 26 09:34 PM | Likes Like |Link to Comment
  • It's Almost May, So Go Away [View article]
    Good Article with a catchy title. It should raise more questions than answers for the individual investor. If you don't understand the terminology or gist of the article, then it's a good starting point for you. Not being sarcastic here. It's a nice article to save and print, If you're new to the game, take the time to break it down.
    Apr 25 10:32 PM | Likes Like |Link to Comment
  • It's Almost May, So Go Away [View article]
    When you say "it's not a time to get cute", do you mean hold everything rather than sell 5-10% of portfolio? Or do you mean now is the time to enter equities with cash? Never heard the term "cute" when it comes to investments.
    Apr 25 08:12 PM | 2 Likes Like |Link to Comment
  • The yen (FXY) tumbles another 1% vs. the dollar as a new report suggests the BOJ plans to move fast and move big with JGB purchases. Buying less than ¥93 moments before the BOJ announced aggressive new easing measures Thursday, the dollar this moment is worth ¥98.51. The Nikkei adds 2.8% in early Tokyo trade, giving it a middling 8.6% gain since Thursday. [View news story]
    Oops..Sorry Chris, I completely misunderstood the purpose of DXJ.......strike my last comment...my bad.
    Apr 7 09:42 PM | 1 Like Like |Link to Comment
  • The yen (FXY) tumbles another 1% vs. the dollar as a new report suggests the BOJ plans to move fast and move big with JGB purchases. Buying less than ¥93 moments before the BOJ announced aggressive new easing measures Thursday, the dollar this moment is worth ¥98.51. The Nikkei adds 2.8% in early Tokyo trade, giving it a middling 8.6% gain since Thursday. [View news story]
    Chris - with the Japan 10 yr bond yields fluctuating so wildly (wrt their low levels), don't you think that DXJ can be slung to the downside rather quickly?
    Apr 7 09:22 PM | Likes Like |Link to Comment
  • Trends In The Cost Of Energy [View article]
    Zoltan, thanks for the article.

    Is there a common rule of thumb for CO2 emissions from thermal coal vs. nat gas on a BTU basis rather than KWH? Also, would be interested in the breakdown in efficiency (fuel BTU content to KWH) using the newest superheat coal burning boiler technology vs. the combined cycle nat gas turbines. Assume absolutely no emissions controls for either technology, and that the control boundary is around the power plant (i.e. fuel is provided to the doorstep without additional emissions related to transportation, drilling/mining, wellhead methane leakage, clean coal/hydrofacking water pollution, etc.).
    Apr 5 08:43 PM | 1 Like Like |Link to Comment
  • The Market Rises Through The Gaps [View article]
    P....this was my intepretation also. Thanks for not making me feel too green. Paulo, thanks for clarifiying and for a great article.
    Apr 2 10:04 PM | Likes Like |Link to Comment
  • The Cyprus deal is now a template for the rest of the eurozone, Eurogroup President Jeroen Dijsselbloem tells Reuters' Luke Baker. He's naturally referring to bailing-in uninsured depositors, but does he also mean capital controls and border checks for cash? Other eurozone countries need to work quickly, he says, to overhaul their own banking sectors. [View news story]
    MI - cap controls - agree with your first paragraph, ala Iceland. I need time to think harder on the rest.
    Mar 25 10:01 PM | Likes Like |Link to Comment
  • The Cyprus deal is now a template for the rest of the eurozone, Eurogroup President Jeroen Dijsselbloem tells Reuters' Luke Baker. He's naturally referring to bailing-in uninsured depositors, but does he also mean capital controls and border checks for cash? Other eurozone countries need to work quickly, he says, to overhaul their own banking sectors. [View news story]
    MI - the threat is that they won't be able to because of a pressure from the troika for the states to impose overnight laws on their own citizens. If it's big enough, the safe haven of the USD/treasuries will be off limits, due to capital controls. What happens to US treasury auctions? USD? Expatriation of foreign currency into the US stock market?

    Don't know myself. Just saying.
    Mar 25 09:14 PM | Likes Like |Link to Comment
  • The Cyprus deal is now a template for the rest of the eurozone, Eurogroup President Jeroen Dijsselbloem tells Reuters' Luke Baker. He's naturally referring to bailing-in uninsured depositors, but does he also mean capital controls and border checks for cash? Other eurozone countries need to work quickly, he says, to overhaul their own banking sectors. [View news story]
    It doesn't need to be insured if it's locked up. Redemptions can be hindered by banks and brokerage accounts by simply not answering the telephone or shutting down a website.
    Mar 25 03:08 PM | Likes Like |Link to Comment
  • The Cyprus deal is now a template for the rest of the eurozone, Eurogroup President Jeroen Dijsselbloem tells Reuters' Luke Baker. He's naturally referring to bailing-in uninsured depositors, but does he also mean capital controls and border checks for cash? Other eurozone countries need to work quickly, he says, to overhaul their own banking sectors. [View news story]
    What happens when all accounts are spread out not to exceed 100k? The banking problems are still there. The rules will change overnight, and include capital controls and a reduction or further complication of "EU Deposit Guarantee Schemes (DGS)".
    Mar 25 01:24 PM | 3 Likes Like |Link to Comment
  • Timing The Next Move In Coal [View article]
    It's a mixed bag with coal. Far too elusive to predict future of these companies. The current exchange rate for USD and the reliance of US coal industry to export leaves things completely in the wind.
    Seems like it's completely up to coal companies to predict the currency exchange rates for their contracts to survive. Flip side, keep it in the ground, lay off everyone and wait for a buyout.
    Mar 21 09:55 PM | 1 Like Like |Link to Comment
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101 Comments
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