tag:blogger.com,1999:blog-6969366797834293153.post2571228785319121475..comments2023-10-28T01:56:57.243-07:00Comments on Trading Topics: 10/21/14 Lying in a Bombay AlleyMarkWhttp://www.blogger.com/profile/10115276845896649502noreply@blogger.comBlogger115125tag:blogger.com,1999:blog-6969366797834293153.post-13919200016206960102014-10-23T18:37:46.542-07:002014-10-23T18:37:46.542-07:00MRI Guided Focused Ultrasound capable of a resolut...MRI Guided Focused Ultrasound capable of a resolution of 3 cell membranes. For destroying human tissue such as cancer by focusing ultrasound, instead of using radiation.<br /><br />http://us.insightec.com/Chickenpookiehttps://www.blogger.com/profile/09474588806509500129noreply@blogger.comtag:blogger.com,1999:blog-6969366797834293153.post-40710126660364290002014-10-23T15:38:55.832-07:002014-10-23T15:38:55.832-07:00new postnew post2nd_avehttps://www.blogger.com/profile/11891113186978672464noreply@blogger.comtag:blogger.com,1999:blog-6969366797834293153.post-1298259153661133192014-10-23T14:47:24.711-07:002014-10-23T14:47:24.711-07:00I picked up a position in TZA / SPXS after hours f...I picked up a position in TZA / SPXS after hours for a move down to 1080ish for the Russell 2000. Not looking for a big move down....maybe 2.5 - 3%. Then new highs hopefully. I'm making a list of stocks to buy should there be a mini pullback.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6969366797834293153.post-42079351535922022242014-10-23T14:40:55.940-07:002014-10-23T14:40:55.940-07:00GM - WTF (Where's The FUN?)?GM - WTF (Where's The FUN?)?Chickenpookiehttps://www.blogger.com/profile/09474588806509500129noreply@blogger.comtag:blogger.com,1999:blog-6969366797834293153.post-79131977605136625572014-10-23T14:38:44.672-07:002014-10-23T14:38:44.672-07:00OIBR - Doesn't seem to be getting a ton of vol...OIBR - Doesn't seem to be getting a ton of volume, as I'd expect if a bottom was reached. I seem to notice bottoms are typically marked by a ton of volume for at least a day, maybe two...Chickenpookiehttps://www.blogger.com/profile/09474588806509500129noreply@blogger.comtag:blogger.com,1999:blog-6969366797834293153.post-64317332904820357022014-10-23T14:34:57.803-07:002014-10-23T14:34:57.803-07:00I want to buy a horrible Mon/Tue/Wed on news eurob...I want to buy a horrible Mon/Tue/Wed on news eurobanks failed their stress tests.... Or short Tomorrow's continuation rally in anticipation of flipping long. But maybe Tomorrow will be down, ughhh.... Which way do we go, George? :)Chickenpookiehttps://www.blogger.com/profile/09474588806509500129noreply@blogger.comtag:blogger.com,1999:blog-6969366797834293153.post-45684365027281137002014-10-23T14:30:39.067-07:002014-10-23T14:30:39.067-07:00"Definitely going to be an interesting Monday..."Definitely going to be an interesting Monday with the ECB banks test results out and the Brazil elections."<br /><br />Sure will. I'm just not sure where we are in the news cycle. ie: Specifically, if Germany has already agreed to stimulus Have they said anything? I guess if Germany has said something positive the EWZ should rally too?Chickenpookiehttps://www.blogger.com/profile/09474588806509500129noreply@blogger.comtag:blogger.com,1999:blog-6969366797834293153.post-76881360026393217802014-10-23T14:06:06.912-07:002014-10-23T14:06:06.912-07:00Yeah, I wonder if there is something going on ther...Yeah, I wonder if there is something going on there, because it seems like there must be some special factors.BB Canadahttps://www.blogger.com/profile/04765452269851135232noreply@blogger.comtag:blogger.com,1999:blog-6969366797834293153.post-47909902133705477322014-10-23T14:04:56.511-07:002014-10-23T14:04:56.511-07:00Yeah, the FLY dividend is sustainable unless the a...Yeah, the FLY dividend is sustainable unless the airplane market completely tanks, but even then, they've got good contracts and a lot of cash. I don't worry about it at all.<br /><br />The other thing about them is they trade at 70% of book value and that is likely understated to their market value as every time they sell a plane (that I can remember), they make a profit compared to book.<br /><br />The knock against them is their fleet is older than other leasing companies, but the way I look at it is if they can easily fund their dividends with their cash flows and they have the book value safety and management is doing a good job, I don't see that as an issue.<br /><br />The other reason the stock is so cheap is they did a poor/unluckily timed capital raise when they doubled the size of the company a while back. Then they recently (3 months?) did a shelf filing saying for $1 billion is debt/equity, so people are worried that they may do that again. I don't think they will as they don't need the equity and they used the shelf filing to issue debt, so I think it was just broad to give flexibility, but I guess it could happen.BB Canadahttps://www.blogger.com/profile/04765452269851135232noreply@blogger.comtag:blogger.com,1999:blog-6969366797834293153.post-5404466816426953972014-10-23T13:19:01.776-07:002014-10-23T13:19:01.776-07:00Wow that's a huge miss for AMZN. Jeez. Sales...Wow that's a huge miss for AMZN. Jeez. Sales growth projections are really weak for Q4. Need to look further into this. That's not the greatest sign for retail given how huge they are.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6969366797834293153.post-4472367603395140352014-10-23T13:17:53.224-07:002014-10-23T13:17:53.224-07:00Nice dividend if that's the case. I just jott...Nice dividend if that's the case. I just jotted it down and will have to look at it later. Been meaning to take a look at FLY too. I didn't realize it has such a huge dividend. Is that sustainable?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6969366797834293153.post-38939182825806438352014-10-23T13:01:15.239-07:002014-10-23T13:01:15.239-07:00Also, they have the money to pay off the governmen...Also, they have the money to pay off the government. they were just waiting for the stress test results to be released which is this weekend. So, this should happen fairly quickly and then the dividend next year. Earnings estimates are in the $1.40 to $1.50 range.BB Canadahttps://www.blogger.com/profile/04765452269851135232noreply@blogger.comtag:blogger.com,1999:blog-6969366797834293153.post-92068994668706140602014-10-23T12:57:48.912-07:002014-10-23T12:57:48.912-07:00Re ING, if analyst estimates are correct, the divi...Re ING, if analyst estimates are correct, the dividend should be about $0.60. I checked, they are expecting to pay out 40% of earnings.<br />BB Canadahttps://www.blogger.com/profile/04765452269851135232noreply@blogger.comtag:blogger.com,1999:blog-6969366797834293153.post-74989766750325821952014-10-23T12:49:43.964-07:002014-10-23T12:49:43.964-07:00I took my positions off in EWZ / EDC again. That ...I took my positions off in EWZ / EDC again. That drop in EWZ spooked me, I'll admit it. At this point, I think I need to take a much needed break for the day. I ended up +0.5% which ain't too bad I guess.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6969366797834293153.post-12344830110288740542014-10-23T12:48:28.909-07:002014-10-23T12:48:28.909-07:00Re stop running, that 39.38 print in EWZ looks sus...Re stop running, that 39.38 print in EWZ looks suspicious as well.2nd_avehttps://www.blogger.com/profile/11891113186978672464noreply@blogger.comtag:blogger.com,1999:blog-6969366797834293153.post-35143318185419815352014-10-23T12:23:46.437-07:002014-10-23T12:23:46.437-07:00(a) I detect signs of traders/brokers 'running...(a) I detect signs of traders/brokers 'running stops' in the miners this morning. Adding a position in RYPMX at the close.<br />(b) SLW traded as low as 19.19, but has now rebounded to print a +2.53% gain @ 19.85.<br />(c) EWZ (Brazil) has dipped <40, now changing hands @ 39.91. PBR (Petrobras) also off -5.9% on the day @ 12.08. Both are high-risk trades which, if successful, also offer the potential for outsized gains.<br />(d) RYWVX filled @ 72.65 at the 1030 window, a -0.6% discount to yesterday's close.<br />(e) The long bond now off -0.83%, and I'm contemplating a position in RYGBX (Rydex 1.2x Long Treasurys) at the close.<br />2nd_avehttps://www.blogger.com/profile/11891113186978672464noreply@blogger.comtag:blogger.com,1999:blog-6969366797834293153.post-11974531409744077002014-10-23T11:49:56.657-07:002014-10-23T11:49:56.657-07:00Sounds like Birinyi got a bit shaken out:
http://s...Sounds like Birinyi got a bit shaken out:<br />http://seekingalpha.com/news/2030405-bullish-birinyi-shaken-up-by-downturn<br /><br />That's a good thing.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6969366797834293153.post-37484491651975984572014-10-23T11:48:38.938-07:002014-10-23T11:48:38.938-07:00income is all over the place. what do you estimat...income is all over the place. what do you estimate the yield to be?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6969366797834293153.post-33226059870718294342014-10-23T11:47:59.593-07:002014-10-23T11:47:59.593-07:00I kind of went a little heavy in EWZ today. Seems...I kind of went a little heavy in EWZ today. Seems like the mother of all over reactionsAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-6969366797834293153.post-21017165901661128792014-10-23T11:22:45.151-07:002014-10-23T11:22:45.151-07:00Definitely going to be an interesting Monday with ...Definitely going to be an interesting Monday with the ECB banks test results out and the Brazil elections.<br /><br />BB Canadahttps://www.blogger.com/profile/04765452269851135232noreply@blogger.comtag:blogger.com,1999:blog-6969366797834293153.post-40691444273590085012014-10-23T11:21:32.427-07:002014-10-23T11:21:32.427-07:0050% of profits or something in that range. This i...50% of profits or something in that range. This is the common Euro way and the dividend varies per year depending on how business does which is probably a smart way of doing it.BB Canadahttps://www.blogger.com/profile/04765452269851135232noreply@blogger.comtag:blogger.com,1999:blog-6969366797834293153.post-85010992225014569662014-10-23T10:50:39.477-07:002014-10-23T10:50:39.477-07:00Freakin' Brazilians. Intent on making Sunday&...Freakin' Brazilians. Intent on making Sunday's elections a cliff-hanger.2nd_avehttps://www.blogger.com/profile/11891113186978672464noreply@blogger.comtag:blogger.com,1999:blog-6969366797834293153.post-50751994703442789022014-10-23T10:38:21.359-07:002014-10-23T10:38:21.359-07:00Long EWZ at $40.08Long EWZ at $40.08Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6969366797834293153.post-72111387092058192502014-10-23T10:28:27.019-07:002014-10-23T10:28:27.019-07:00For ING > What level dividend are they talking ...For ING > What level dividend are they talking about?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6969366797834293153.post-78341547774513051552014-10-23T10:17:18.124-07:002014-10-23T10:17:18.124-07:00I have not looked at TUP.
But I also go back to t...I have not looked at TUP.<br /><br />But I also go back to the fact that every downturn for the last couple of years has been a quick drop, followed by a v-shaped bounce. If the market holds to this trend, we are bouncing now and unlikely to head back down. It would be good if it did for more cautious traders to buy on a retest of lows or a w-shaped bottom, but unless something in the market character has changed, I think it is unlikleyBB Canadahttps://www.blogger.com/profile/04765452269851135232noreply@blogger.com