bmneveu's Account Talk

[bmneveu]

The "real all-time high" of the S&P 500 is 2,093.96 according to The S&P 500 Is Nowhere Near Its All-Time High - Seeking Alpha

"In March of 2000, the S&P 500 traded at 1,553.11, a level that at that time
was a new real and nominal all-time high. By plugging 1,553.11 into the BLS'
inflation calculator, we discover the S&P 500 would need to reach 2,093.96
in order to touch its real all-time high. That's more than 30% higher than where
we are today. In other words, over the past 13 years, the S&P 500, on a
capital appreciation/depreciation basis, has a massive negative real return."

Not including reinvested dividends, he then adds.

 

[JimmyJoe]

The "real all-time high" of the S&P 500 is 2,093.96 according to The S&P 500 Is Nowhere Near Its All-Time High - Seeking Alpha

"In March of 2000, the S&P 500 traded at 1,553.11, a level that at that time
was a new real and nominal all-time high. By plugging 1,553.11 into the BLS'
inflation calculator, we discover the S&P 500 would need to reach 2,093.96
in order to touch its real all-time high. That's more than 30% higher than where
we are today. In other words, over the past 13 years, the S&P 500, on a
capital appreciation/depreciation basis, has a massive negative real return."

Not including reinvested dividends, he then adds.

Nice research. That info puts it all into focus.

 

[JamesE]

I was hoping it would be more of a "growl" that I would enjoy. And is it only when I hit the higher RPMs or all the time?

Whenever you give it the gas. Depends on how long the intake tube is, some are worse than others.

 

[bmneveu]

Whenever you give it the gas. Depends on how long the intake tube is, some are worse than others.

I think it'll be a Short Ram Intake from RRM. I'd go K&N but they don't make one that fits my car yet.

 

[bmneveu]

Put my shorts on @ $37.10 (TZA)

 

[bmneveu]

I might come out flat for the day if I'm lucky. My 50% F fund kept me afloat.

 

[bmneveu]

I hope no one here had any long position in commodities this morning. Wow.

 

[bmneveu]

Just did the math. Because I'm military and do not receive matching contributions from my employer, I need to accrue 1.6% interest per month just to offset the lacked benefit. And then at that point I'll be even with a federal account receiving a 5% match sitting in the G fund. So I'll need a stellar year just to tread water. Time to start sprucing up that resume...

 

[bmneveu]

Sold TZA at 39.34. Might go intraday long right here to ride the ramp up.

 

[bmneveu]

It's a little odd that S C and I are down big and F is flat. F should be through the roof, right?

 

[RealMoneyIssues]

It's a little odd that S C and I are down big and F is flat. F should be through the roof, right?

That assumes that if you are not in equities, you are in bonds, which is not always the case... cash is an option and so are commodities (which as you noted are getting crushed).

There are some weird internal things going on. I don't understand what is happening today especially with POMO action going on.

 

[bmneveu]

That assumes that if you are not in equities, you are in bonds, which is not always the case... cash is an option and so are commodities (which as you noted are getting crushed).

There are some weird internal things going on. I don't understand what is happening today especially with POMO action going on.

I'd also like to think the semiconductor sector would be up pretty big with the price of gold dropping so hard, but they are getting wacked too!

 

[bmneveu]

Albertarocks' TA Discussions: Hindenburg Omen Settles Right Down - But Far From Relaxed

Potential for a Hindenberg Omen today? It would be the first since August 2010.

 

[bmneveu]

Bought TZA today at 39.66 and might pull my I fund allocation back to F tomorrow. Gearing up for the HO and summer...

 

[bmneveu]

Bought TZA today at 39.66 and might pull my I fund allocation back to F tomorrow. Gearing up for the HO and summer...

Looks like I did not get out of the way of the Hindenberg Omen quick enough. I'll wait until tomorrow to pull my I fund money back in hopes for a bounce. TZA and 50% F has hedged me nicely though.

 

[bmneveu]

Bought TZA today at 39.66 and might pull my I fund allocation back to F tomorrow. Gearing up for the HO and summer...

Sold at 41.55 for almost 5%. The trading account is all cash now and no buying power for another 2 days.

 

[bmneveu]

WTI Crude is currently trading at just under $86 a barrel. Looking at the 3-year chart, I see decent support at $85 and even better support at $80. I'd be a buyer here soon if I could find a leveraged ETF that has some volume to it. USO has plenty of volume, but there's no leverage to it. Anyone know of a 3x Bull Oil (preferably WTI Crude) ETF with decent liquidity? If not, I'm surprised it doesn't exist. Might be a little too much to ask for though.

 

[RealMoneyIssues]

WTI Crude is currently trading at just under $86 a barrel. Looking at the 3-year chart, I see decent support at $85 and even better support at $80. I'd be a buyer here soon if I could find a leveraged ETF that has some volume to it. USO has plenty of volume, but there's no leverage to it. Anyone know of a 3x Bull Oil (preferably WTI Crude) ETF with decent liquidity? If not, I'm surprised it doesn't exist. Might be a little too much to ask for though.

The Web's Best ETF Screener | ETF Database

 

[MaStA]

WTI Crude is currently trading at just under $86 a barrel. Looking at the 3-year chart, I see decent support at $85 and even better support at $80. I'd be a buyer here soon if I could find a leveraged ETF that has some volume to it. USO has plenty of volume, but there's no leverage to it. Anyone know of a 3x Bull Oil (preferably WTI Crude) ETF with decent liquidity? If not, I'm surprised it doesn't exist. Might be a little too much to ask for though.

Looks like there are a few oil ETFs on this list you may want to take a look at. Leveraged ETF List: Complete List from Stock-Encyclopedia.com

 

[bmneveu]

Thank you for the links. I'll look further into those today sometime.

Looks like I did not get out of the way of the Hindenberg Omen quick enough. I'll wait until tomorrow to pull my I fund money back in hopes for a bounce. TZA and 50% F has hedged me nicely though.

Well I want to bail out of the I fund today on an up day but now I'm seeing a headline that the BoJ is going to increase their bond buying program (Japan's QE). This is probably going to propel the Nikkei tonight. I need to make a hard choice now. Use my 2nd IFT to get out of international stocks completely for the month because of volatility and HO and seasonality, or stay in because of Japan's QE. Not alot of reasons to stay in it looks like...