-
The Forum works well on MOBILE devices without an app: Just go to: https://forum.tsptalk.com
-
Please read our AutoTracker policy on the IFT deadline and remaining active. Thanks!
div>
$ - Premium Service Content (Info) | AutoTracker Monthly Winners | Is Gmail et al, Blocking Our emails?
Find us on: Facebook & X | Posting Copyrighted Material
Join the TSP Talk AutoTracker: How to Get Started | Login | Main AutoTracker Page
The Forum works well on MOBILE devices without an app: Just go to: https://forum.tsptalk.com ...
Or you can now use TapaTalk again!Playing the I fund
- Thread starter clester
- Start date
sponsor said:
Well, we could tell you somethings that might cause a fair valuation to be applied, like a major move in the dollar after the European markets close, or a reversal in U.S. markets in the afternoon, but no-one here can tell you exactly how Barclays does it. That is the point of it. To keep people from using this information to try to gain a trading advantage.
I know this thread is really long but if you take some time to carefully read through it you should find a ton of really useful info in it. I'll just add this for now. It's important to remember that if you are in the I and they apply a fair valuation, they will correct it within a few days. Now if you are hopping into and out of the I fund then you could get hurt by one, but you could just as easily get helped by one. Just ask Mlk, he loves the I fund.
In short, because of todays FV, where the I fund paid out 15 cents more than it was suppose to, that 15 cents will be subtracted within a day or two (maybe three).
Dave
<><http://asia.news.yahoo.com/060526/3/2l3ha.html
Nikkei climbs as Toyota, exporters advance
TOKYO, May 26 (Reuters) - The Nikkei average rose 1.55 percent by midmorning on Friday as shares of Toyota Motor Corp. and other exporters rose after a report showed U.S. economic growth was below expectations, relieving some concern about inflation in Japan's key export market.
A U.S. government report showed first-quarter growth in the world's largest economy was slower than expected. The data did not exacerbate worries about inflation and higher interest rates, helping to send U.S. stocks higher
http://www.bloomberg.com/apps/news?pid=10000080&sid=auNSuL.2IHio
Asian Stocks Set for Biggest Gains in Three Weeks; Sony Climbs
May 26 (Bloomberg) -- Asian stocks rose, set for their biggest gains in three weeks. Sony Corp. and BHP Billiton rose after government reports in the U.S. and Japan highlighted sustained growth in the world's two largest economies.
Meanwhile, Federal Reserve Chairman Ben S. Bernanke said in written comments released on May 25 that long-term inflation expectations were ``well contained'' and core inflation was stable in the face of energy costs.
The GDP report showed the U.S. is not overheated, so Japan's markets will continue to be strong,'' said Yuuki Sakurai, general manager at Fukoku Mutual Life Insurance Co., which manages about $42 billion in assets. Japan's ``CPI is showing moderate growth.''
Master
Member
About 4-5 weeks ago, we had a debate about whether a correction was in sight or not for the I fund. We even discussed whether it was about 10% or not, etc. Then, everybody saw the fallout beginning the 2nd week of May. I had just pulled out of the I fund for a few days, and came back into the fund again at the worse day possible (ouch). I pulled the trigger too early (once again! :embarrest: ). If we had crystal balls, or even listened to my own advise!
Anyway, the truth on the I-fund is that the economic fundamentals overseas have not changed significantly over the past 3 weeks, but panic took over the market because of the news of the potential international effect of the US economy slowing its growth. As the Columbia grads eloquently played in the short film "Every Breath Bernanke Takes", the markets are hyperreacting to Bernanke's remarks until its easier to understand how to read him ("We'll be watching you").
http://www.youtube.com/watch?v=ipJTqCbETog&eurl=&watch2
I still think that in the long run, and even, at the end of the year, the I-fund and other international securities will be the best bet. Nevertheless, it has been a very depressing 3 weeks.Master said:
Master, luv your attempt at applying mid 20th century flat earth financial commentary to a 21st century round earth financial world.
Here's a link to get my point across. I strongly encourage you and most posters on this site to sit back and take the magnitude of this article to heart. Another way to state this article in using a Cliff's Notes version is that we may be going through a world wide liquidity drain whereby equity prices, regardless of fundamentals, might collapse due to central bankers not ramping their collective money supplys' fast enough. This is the one reason that I am contemplating making a 100% transfer to the G fund either in the morning or after closely monitoring the situation for the next few days. My average cost per share is approx. $13.66 so, I can assure you for me to even give transferring a thought, might suggest to you that my comfort level has been shaken. This article highlights why Tom has had so much difficulty trying to call a trend, the derivative markets control the equity markets via interest rate bets by bond speculators. The price of equities have nothing to do with the underlying company fundamentals. Good luck all.
http://news.independent.co.uk/business/news/article571737.ece
Man heightens hedge fund fears
Flagship fund losses fuel fears for smaller players. Bolton warns correction could take months
By Andrew Dewson
Published: 25 May 2006
Man Group, the world's largest quoted hedge fund manager, fuelled fears yesterday that some of its smaller competitors may be in serious trouble after revealing that some of its futures funds have made substantial losses this month.
The disclosure prompted speculation in the market that some smaller hedge funds may be suffering even greater losses and could be forced to unwind highly leveraged positions, causing share prices to spiral lower.
The news came as the FTSE 100 dropped another 91.6 points, closing down 1.6 per cent and reversing more than half the gains it made on Tuesday after Monday's plunge in shares.
Anthony Bolton, Fidelity's highly respected fund manager, yesterday warned the stock market "correction could take months rather days". Speaking at the Securities and Investment Institute Mr Bolton said: "I think it could be the end of the bull market".
Man Group confirmed that its flagship Man AHL Diversified Futures fund lost 3.7 per cent last week alone, and had dropped4.5 per cent so far this month. However, it is still showing a net gain of 31.9 per cent in the year so far. Shares in Man Group, one of the best blue-chip performers this year, closed at 2,195p, a fall of 16p.
A hedge fund analyst, who declined to be named, said Man's poor performance should be viewed as a short-term movement due to volatile equity markets, but also warned investors to expect a bumpy ride over the summer. "This is a managed futures fund, and this sort of fall, while it does not happen every week, does happen from time to time. The AHL fund has certainly seen fluctuations like this before but the market has clearly absorbed this news pretty well," he said.
Man's statement came as rumours swept the market that one unnamed hedge fund was nearly forced into liquidation yesterday after a bet on Equator Exploration, a small oil exploration and production company with assets in West Africa, went badly wrong. The fund was thought to have been forced into dumping its stake in the company, sending the price tumbling 33 per cent to 132p. Traders said the situation highlights the dangers of smaller hedge funds taking big bets on illiquid stocks.
Many hedge funds have been betting huge sums on a complex commodity and currency strategy, involving short selling the dollar while at the same time buying gold and platinum using borrowed yen. Any funds in these positions in the last two weeks will have sustained heavy losses as commodity prices have tumbled and the dollarstrengthened.
Rumours of a smaller hedge fund in deep financial trouble have accelerated as global markets have suffered their biggest falls in more than three years. Emerging markets have been the worst hit, although London , with its heavy weighting in commodity-based stocks, has been the worst-affected major market.
A failing hedge fund is likely to create a distressed selling situation when a fund is forced to sell stock into a falling market because it is in danger of breaching its financial obligations. Most hedge funds borrow a large proportion of the money that they invest, using their existing capital as collateral against borrowed funds. When markets move substantially against these positions they have taken, a fund may need to sell assets to cover margin calls, like when the hedge fund Long-Term Capital Management collapsed in 1998, causing weakness across global equity markets.
Market-makers also blamed Sets, the electronic trading platform used in London, for the increased volatility seen in recent years. In the past, when market prices were created by a quote-driven competing market-maker system, prices could be "held up" in the face of strong selling pressure. That is no longer possible, as the electronic system executes trades without any human interference.Last edited:
ATCJeff
Well-known member
Been awhile since I've seen this much black and with the dollar down, looking like another good day for the I fund.
Jeff
http://quote.yahoo.com/m2?u
http://quotes.ino.com/chart/?s=NYBOT_DX&v=wFUTURESTRADER
Active member
Pilgrim said:
Japan inflation data keeps their rate hike on the table
http://www.marketwatch.com/News/Sto...&guid={581E1FD7-B9D5-4C84-A9A1-5A326D06C4AA}&sugarandspice
Well-known member
It's all GREEN overseas! Significantly GREEN. The dollar spike will probably wipe all of it out. Unles the dollar slowly (or rapidly) falls, I think a break even day. And I think I'm gettting out. Hoping the FV correction comes next week but I doubt it.sugarandspice
Well-known member
up 1.416% so under normal conditions that should be 26-27 cents? If they apply FV today then we should see at least 10 cents. Agree?
Show-me
Well-known member
Similar threads
