Jump to content

Archived

This topic is now archived and is closed to further replies.

aussiebear

World Stock Markets Trading Discussion - Whacked waffling

Recommended Posts

Sellers have finally shown up: Kiwis -0.6%, Aussies -1.3%, Japan -1.9% and Sth Korea -0.7%.

Gold +2% is the main winner in Aussie sectors with Miners -2.1% and Financials /Materials -2%.

 

 

t?s=%5ENZ50&lang=en-NZ&region=NZ&width=3

 

t?s=%5EAORD&lang=en-AU&region=AU&width=3

Share this post


Link to post
Share on other sites

WHAT ARE PUERTO RICO BONDS REALLY WORTH

 

Well you could say they are worth the market price 65 cents in the dollar

This is their market reality price.

 

Or you could try and determine the actual real reality price of the bonds i.e the discounted current market value of the actual cash flows that will be recieved in the future on these bonds.

 

But how do you determine this ....its impossible right?????

This information is simply not known.

 

Well the market is estimating these cash flows to come up with the current market prices.

But what if there is a better way....an alternative that is closer to the truth....to reality.

 

I suggest using an estimation of "capacity to pay" as an alternative measure.

 

Under this scenario as evidenced by the financial control boards usefully provided budget

The bonds are worth 30-40 cents on the dollar.

Considerably less than their current market prices.

 

Where is the Puerto RIco Bond Short EFT when you need it???

Share this post


Link to post
Share on other sites

w?s=%5EAORD&lang=en-AU&region=AU

 

 

All Ords dropped decisively, finishing -1.5%.  The only gainers were Gold +1.5% and REITS +0.4% with Miners -2.3% and Financials/Materials -2.1% down the most.

A lot of red in Asia: China -0.5%, Hong Kong -1.1%, Japan -2.1%, India currently -0.7%.
 

 

On to UK/Europe:

 

 

t?s=%5EFTSE&lang=en-AU&region=AU&width=3

 

t?s=%5EGDAXI&lang=en-AU&region=AU&width=

 

t?s=%5EFCHI&lang=en-AU&region=AU&width=3

https://au.finance.yahoo.com/

Share this post


Link to post
Share on other sites

We are in beautiful Bruges today. Gingerbread house town.  Lovely. But totally a tourist trap. We are paying nearly double what we paid in Spain for virtually everything. 

 

Cell service is a bargain though. I got a sim card good for not only Belgium but with roaming in Netherlands and France and rest of EU for just 15 euros. Includes 1.5 gigs of data, local calls and 1000 texts. 

 

I love a bargain. Hate paying 3.50 for a stinking half cup of coffee, even if it's great coffee. Same thing in Spain for 1.50. 

Share this post


Link to post
Share on other sites

We are in beautiful Bruges today. Gingerbread house town.  Lovely. But totally a tourist trap. We are paying nearly double what we paid in Spain for virtually everything. 

 

Cell service is a bargain though. I got a sim card good for not only Belgium but with roaming in Netherlands and France and rest of EU for just 15 euros. Includes 1.5 gigs of data, local calls and 1000 texts. 

 

I love a bargain. Hate paying 3.50 for a stinking half cup of coffee, even if it's great coffee. Same thing in Spain for 1.50. 

 

Have fun.  Great place to have a beer and relax.  i remember a couple of years ago being shown around by a native belgian.  We ate at the oldest pub.  Been there since 1515.

Share this post


Link to post
Share on other sites

Sounds nice Doc.

 

Hey Madness -- any thoughts on getting long SnP at these levels?

 

attachicon.gif20170323.png

 

My prognosticator is getting all excited.

 

I just covered my June ES short at 2335.25 for a flat trade..been holding it for a few weeks.

Looking to add it back on the bounce into Thursday.

Share this post


Link to post
Share on other sites

S&Pee day 2 below BB band..

A short term bottom should get marked here shortly and a bounce into early Friday before venturing lower.

Share this post


Link to post
Share on other sites

Here they come..

Looking for a bounce to test June ES at 2360-2365 area.  Will look to enter shorts again above 2355ish.

 

Trade safe.

Share this post


Link to post
Share on other sites

I had too little time to enjoy Bruges, so we took a ride on the tourist bus loop. We're heading to Rotterdam tomorrow. I'll be having dinner with my pal Lindsay Williams, a good Brit who definitely likes a good beer and a good bear. 

Share this post


Link to post
Share on other sites

I won't have a handle on the market indicators until Saturday. But I did start this week by adding a couple of shorts, both of which took a nice dump yesterday. My trades have been doing really well ever since I did spend the night at a Holiday Inn Express last night.

 

The picks are now tilted heavily short. I can't really find any good longs for a 3 to 6 week swing. One of the 2 I had left hit its trailing stop yesterday and the other came within a nickel of its trailing stop this morning. It rescued itself, there, suggesting that I put the stop in the right place for a change. We'll see what the rest of the day brings. 

Share this post


Link to post
Share on other sites
Guest
This topic is now closed to further replies.

  • Recently Browsing   0 members

    No registered users viewing this page.


Stock market portfolio giving you the runs? See Dr. Stool.

Take a subscribatory!
Download 
The Anals of Stock Proctology now!



The Daily Stool - Stock Market Message Board
Stool's Gold- Gold and Precious Metals Forum
Look Out Below Message Board

Support your local Stool Board.


The Al E. Greenspeuman designer line at Stoolmart. Get yours today! Click here now!



Old Stool Depository


The Wall Street Examiner
Subscribe to the Wall Street Examiner
Contact Us




Market Quotes are powered by Investing.com.
×