aussiebear Posted January 24, 2019 Report Share Posted January 24, 2019 Early openers appear relatively unmotivated: Kiwis -0.1%, Aussies +0.1%, Japan -0.4%, Sth Korea +0.3%. Aussie sectors ranging from Energy +1.4% down to Gold -2.5% however there's minimal movement generally. All Ords http://www.abc.net.au/news/business/ Link to comment Share on other sites More sharing options...
aussiebear Posted January 24, 2019 Author Report Share Posted January 24, 2019 http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
aussiebear Posted January 24, 2019 Author Report Share Posted January 24, 2019 http://money.cnn.com...s/morning_call/ 24 hr Gold http://www.kitco.com http://www.kitconet....ase_metals.html http://www.kitconet.com/indexes.html Link to comment Share on other sites More sharing options...
aussiebear Posted January 24, 2019 Author Report Share Posted January 24, 2019 http://www.engrish.com/2017/01/oh-right-like-youre-in-the-bna/ Used by hotel on Hainan Island, China. Link to comment Share on other sites More sharing options...
aussiebear Posted January 24, 2019 Author Report Share Posted January 24, 2019 All Ords 5-day chart http://bigcharts.mar...com/default.asp All Ords recovered somewhat to finish the day +0.4%. Energy +2.1% remained leader with Gold -2.3% at the other end. Over in Asia, China +0.4%, Hong Kong +0.3%, Japan -0.1%, India currently -0.1%. UK/Europe just open: FTSE -0.4%, DAX -0.2% and CAC -0.1%. http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
aussiebear Posted January 24, 2019 Author Report Share Posted January 24, 2019 http://bigcharts.mar...com/default.asp Link to comment Share on other sites More sharing options...
Jimbo Posted January 24, 2019 Report Share Posted January 24, 2019 INTRODUCING THE COYOTE FAMILY OF ETF's The Running Coyote ETF This ETF invested in stock where management is borrowing billions to buy back large amounts of stock. The Coyote Cliff ETF This etf shorts stocks that are falling of the coyote cliff because they can't borrow any more to funds buybacks. The Recovering Coyote ETF This funds invests in stocks of companies that have gone over the coyote cliff and are in recovery mode i.e are successfully paying down their debt etc Eg GE , BHC, kinder Morgan et al Link to comment Share on other sites More sharing options...
Jorma Posted January 24, 2019 Report Share Posted January 24, 2019 2 hours ago, Jimbo said: INTRODUCING THE COYOTE FAMILY OF ETF's The Running Coyote ETF This ETF invested in stock where management is borrowing billions to buy back large amounts of stock. The Coyote Cliff ETF This etf shorts stocks that are falling of the coyote cliff because they can't borrow any more to funds buybacks. The Recovering Coyote ETF This funds invests in stocks of companies that have gone over the coyote cliff and are in recovery mode i.e are successfully paying down their debt etc Eg GE , BHC, kinder Morgan et al Corporations are actually still prohibited from purchasing their own stock by the Securities and Exchange Act of 1933, but there's a catch. Catch 1984. In 1984 the SEC made an exception. If 4 rules were followed then they would be allowed to break the law and be given 'safe haven' from prosecution. So the practice is de facto legal. Go figure why congress never just made it legal. I mean who would be against it but a few commie Nazis and the fellow travelers of Adam Smith? One of histories greatest monsters I guess. I mean the guy had the unmitigated gall to say the wealth is created by work and the cash flow profits which flow from that. Everyone now knows wealth is created by inflating asset prices. The idea of the law was that stock buybacks are manipulation of stock prices. Nowday's everyone wants that. I think of stock buybacks, as capitalism by circle jerk. Link to comment Share on other sites More sharing options...
Jorma Posted January 24, 2019 Report Share Posted January 24, 2019 Auction schedule page amounts still blank. https://www.treasurydirect.gov/instit/instit.htm?upcoming Link to comment Share on other sites More sharing options...
BurntOnce Posted January 24, 2019 Report Share Posted January 24, 2019 bogle personally invested in a managed mutual fund. what's good for the masses isn't good for me. Link to comment Share on other sites More sharing options...
DrStool Posted January 24, 2019 Report Share Posted January 24, 2019 2 hours ago, Jorma said: Corporations are actually still prohibited from purchasing their own stock by the Securities and Exchange Act of 1933, but there's a catch. Catch 1984. In 1984 the SEC made an exception. If 4 rules were followed then they would be allowed to break the law and be given 'safe haven' from prosecution. So the practice is de facto legal. Go figure why congress never just made it legal. I mean who would be against it but a few commie Nazis and the fellow travelers of Adam Smith? One of histories greatest monsters I guess. I mean the guy had the unmitigated gall to say the wealth is created by work and the cash flow profits which flow from that. Everyone now knows wealth is created by inflating asset prices. The idea of the law was that stock buybacks are manipulation of stock prices. Nowday's everyone wants that. I think of stock buybacks, as capitalism by circle jerk. I wrote a couple diatribes about that over at Sure Money and Money Morning last year. I'm feeling to lazy to look them up. Gorgeous bright sunshiny afternoon here. I just came back from a long walk around the port and the Promenade de les Etas Unis, along the sea front. Now I need a nap. LOL Finished a report earlier. Just sent it over to Sure Money production dept. Gotta work with the to get it posted. Then I'm shutting down! BOOM! Link to comment Share on other sites More sharing options...
DrStool Posted January 24, 2019 Report Share Posted January 24, 2019 This thing will skyrocket if they take out 2647. Link to comment Share on other sites More sharing options...
Jorma Posted January 24, 2019 Report Share Posted January 24, 2019 17 minutes ago, DrStool said: This thing will skyrocket if they take out 2647. All clear here. https://www.treasurydirect.gov/instit/annceresult/press/press_cashpydwn.htm Ready for takeoff. The shutdown will be semi officially over maybe tomorrow or early next week. Link to comment Share on other sites More sharing options...
Jorma Posted January 24, 2019 Report Share Posted January 24, 2019 Off in the weeds but some guy, a Fed governor, Goodfriend, has not been renominated. I looked the name up and he is called an "inflation hawk". Of course they all are that except maybe future Chairman Cashncarry. I suppose Trump wants Cramer or Kudlow since they have been on TV. Link to comment Share on other sites More sharing options...
DrStool Posted January 24, 2019 Report Share Posted January 24, 2019 This sucker shoulda broken out. The money is spent. We're goin down down down down. Going down down down. We're goin down down down down. Link to comment Share on other sites More sharing options...
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