12 Jun
1- u.s. equities are at or very near a bottom
2- crude will break par
3- dollar index will go to at least 80
4- gold will break 800
things i did yesterday
1- cover my fed short
2- bought fdx and bni
3- after selling half of my position in tso in the high 28, bought it back yesterday
i continue to [...]
Posted in Uncategorized by: chivasontherocks
22 Comments
18 Mar
even if the financial world eventually comes to end, it will do so after a 15-20 percent takes place imo for the following reasons.
1- fed action on sunday was huge. allows banks and investment banks along with selected clients access to the discount window using almost any kind of collateral.
2- should be obvious to anyone [...]
Posted in Uncategorized by: chivasontherocks
5 Comments
13 Mar
IMO, just based on sentiment, this market is a screaming buy. All of the following sentiment measures are at levels associated with bear market lows.
1- investors intellingence
2- aaii - american association of individual investors
3- market vane
4- daily sentiment index
5- hulbert sentiment
6- p/c ratio’s both total and equity
7- isee p/c ratio’s
8- short interest
9- credit [...]
Posted in Uncategorized by: chivasontherocks
No Comments
16 Jan
this will be my last post here. having said that, ducati, you seem to have a problem with 6 or 7 out of the 16 statements that i posted here. let me try to address them one by one.
1- insider buying: check scott gambill of emergent financial. have given his [...]
Posted in Uncategorized by: chivasontherocks
10 Comments
16 Jan
some of the positives as i see them:
1- fed easing and coming fiscal stimulus
2- fed model shows stocks 50% undervalued. that’s a record.
3- 10yr yield 3.7% 2 yr yield 2.5% and the yield curve is and getting more positively sloped.
4- huge insider buying.
5- global growth story still intact.
6- [...]
Posted in Uncategorized by: chivasontherocks
16 Comments