Category Archive: Entertainment
OPEC Decision Expected And Justified
OPEC meeting went as expected. There was no formal agreement to cut production in the first meeting since the price correction. This part is very similar to 1998. Prices did their thing by falling down and now slowly rebounding. OPEC is making the decision they are not the marginal barrel. Unlike their decision in 1997, […]
T2108 Update – From Topping To Chopping And An Apple “Flash Dip”
T2108 Status: 56.5% (2-day decline of 20% qualifies for quasi-oversold status)T2107 Status: 49.4%VIX Status: 14.3General (Short-term) Trading Call: Hold bullish positions but start taking profits if S&P 500 selling follows through. Aggressive bears can start shorting with stops at new all-time highsActive T2108 periods: Day #30 over 20%, Day #28 over 30%, Day #25 over […]
Microsoft Acquires Mobile Email Startup Acompli For $200+ Million
Microsoft has acquired the mobile email startup Acompli, the tech giant announced today on its website. Terms of the deal were not disclosed, but the tech news site Re/code reports that Microsoft paid over $200 million. Accompli makes an email client for Android and iOS designed to make common but sometimes complex tasks—such sorting messages, […]
The German Euro Is Overvalued
I keep telling people that the German euro is undervalued, but some folks seem not to believe me. (See the comments section from this post last year for an example.) But this is a really big deal. The dominant narrative about the eurozone crisis is that fiscally irresponsible countries like Greece were bringing the once-proud currency to its knees, […]
Holiday Shopping: Olaf Dethrones Frosty While Elsa Reigns Supreme
Last month, I wrote that pre-holiday shipments of Frozen merchandise pointed to a blowout year for Disney (DIS). Today, I have some updated numbers to share from global trade site Panjiva. Some points worth noting: Olaf is the new Frosty. Olaf merchandise shipments outpaced Frosty the Snowman merchandise shipments by 77%, and this despite Frosty having a multi-decade head start on the […]
Adtech Is Not For You
Like many, I set aside 15 minutes to read Aleph’s latest blog post about the AdTech industry and what engineers should devote their time and brains into these companies. I know and respect the people at Aleph and as a person believe each is entitled to have an opinion, we don’t always have to agree.. But, as a […]
And The Biggest Winner From The OPEC Price War Is…
“This is a golden time window to acquire more strategic oil at lower costs,” notes one Hong-Kong based analyst, as Bloomberg confirms what we have noted here and here, that China is emerging as the winner from OPEC’s battle with rival oil producers as the world’s biggest energy consumer stockpiles crude. 84 tankers remain en route to Chinese destinations… Bloomberg confirms,
Too Much Pie
Podcast: Play in new window | Play in new window (Duration: 13:17 — 6.1MB) DOW – 51 = 17,776 SPX – 14 = 2053 NAS -64 = 4727 10 YR YLD + .02 = 2.22% OIL + 3.22 = 69.37 GOLD + 44.30 = 1213.80 SILV + .88 = 16.56 Last week I said that you can never eat […]
Turn Of The Screw
Good evening, Slopers. I was going to bombard you with ETF charts, to assuage my utterly misplaced blogger’s guilt, but I landed on the first one – DBC – and figured it was enough. Allow me to share this with you, augmented with some embellishments: You will note something quite interesting: up until October 2011, […]
Dow Jones Observations
Oct 15th – Nov 6th 17 trading sessions 1705 point gain on Dow 4 down trading sessions with all closing off the lows and near the highs but on one day Nov 7th – Nov 28th 15 trading sessions 274 point gain 4 down sessions with all but one closing at/near the highs While it’s […]
