aussiebear Posted March 31, 2017 Report Share Posted March 31, 2017 Directionless action from the early openers: Kiwis +0.3%, Aussies flat, Japan +0.5% and Sth Korea flat.Aussie sectors ranging from Telecomms +1.3% down to REITS/Energy -0.7%. Link to comment Share on other sites More sharing options...
aussiebear Posted March 31, 2017 Author Report Share Posted March 31, 2017 https://au.finance.y...com/intlindices Link to comment Share on other sites More sharing options...
aussiebear Posted March 31, 2017 Author Report Share Posted March 31, 2017 http://money.cnn.com...s/morning_call/http://www.kitco.comhttp://www.kitconet....ase_metals.html Link to comment Share on other sites More sharing options...
aussiebear Posted March 31, 2017 Author Report Share Posted March 31, 2017 http://www.engrish.com/2016/09/the-world-is-watching/ Side of a semi-truck in Yokosuka, Japan. Link to comment Share on other sites More sharing options...
Rationalize Posted March 31, 2017 Report Share Posted March 31, 2017 Quant MOO Closing: SELL 64 ALXN SELL 60 CHTR BUY 30 EL BUY 43 ESS BUY 263 LNT BUY 10 NVDA BUY 354 PPL BUY 104 UNP SELL 70 WHR BUY 253 WRK Opening: BUY 159 CAH BUY 47 SHW BUY 172 XRAY SELL 30 PXD SELL 165 TJX SELL 454 BSX SELL 110 CB SELL 65 AMG SELL 208 FTI SELL 109 KSS Link to comment Share on other sites More sharing options...
aussiebear Posted March 31, 2017 Author Report Share Posted March 31, 2017 All Ords was briefly green before rolling over and selling off into the close. The index finished -0.5% with the only up sectors being Telecomms +0.8% and Utilities +0.4%. REITS -1.5% was down the most followed by Energy -0.9%.Over in Asia, China +0.4%, Hong Kong and Japan -0.8%, India currently +0.1%. On to UK/Europe: https://au.finance.yahoo.com/ Link to comment Share on other sites More sharing options...
DrStool Posted March 31, 2017 Report Share Posted March 31, 2017 Back on ET day 2. Still adjusting. Link to comment Share on other sites More sharing options...
DrStool Posted March 31, 2017 Report Share Posted March 31, 2017 I got a new computer. SInce MS is no longer supporting Live Mail, I installed Thunderbird as my email client. Does a fantastic job of filtering out junk. Link to comment Share on other sites More sharing options...
Rationalize Posted March 31, 2017 Report Share Posted March 31, 2017 Closed MOO P/L: SELL 64 ALXN, +$48 SELL 60 CHTR, +$315 BUY 30 EL, +$1 BUY 43 ESS, +$46 BUY 263 LNT, +$142 BUY 10 NVDA, -$59 BUY 354 PPL, +$170 BUY 104 UNP, -$81 SELL 70 WHR, -$123 BUY 253 WRK, -$165 Net P/L: +$294 Link to comment Share on other sites More sharing options...
DrStool Posted March 31, 2017 Report Share Posted March 31, 2017 5 day cycle oscillator position suggests market will take a big dump soon. Link to comment Share on other sites More sharing options...
I_Am_Madness Posted March 31, 2017 Report Share Posted March 31, 2017 5 day cycle oscillator position suggests market will take a big dump soon. Think it starts in 2 weeks. Link to comment Share on other sites More sharing options...
I_Am_Madness Posted March 31, 2017 Report Share Posted March 31, 2017 No change. Holding restablished shorted with avg of 2349... Trade safe. Link to comment Share on other sites More sharing options...
Rationalize Posted April 1, 2017 Report Share Posted April 1, 2017 M2M Quant opened: BUY 159 CAH $5 BUY 47 SHW $10 BUY 172 XRAY $33 SELL 30 PXD -$88 SELL 165 TJX $91 SELL 454 BSX -$230 SELL 110 CB $33 SELL 65 AMG -$42 SELL 208 FTI $3 SELL 109 KSS $60 Net: -$125 Think that's enough of that for now. Might re-jig it to trade baSSkets of futures. Link to comment Share on other sites More sharing options...
Jimbo Posted April 2, 2017 Report Share Posted April 2, 2017 THE STRANGE CASE OF DAVID EINHORN AND GM So after my post on GM David Einhorn jumps in and suggest two classes of stock. Numbers suggest the two stocks will increase market cap by 38 Billion. This will not happen. Because while the dividend stock will be worth 20 the capital stock will adjust in value downward by a considerable amount. My calculations suggest the capital pop of the two stocks together will be 20 Billion not 38 billion. WHY Because this looks like a tax minimisation exercise where the current non tax deductable "dividend" will now be a tax deductable interest payment by the company to the "shareholder/debtholders" of the dividend stock. Value will be transferred from the taxpayers (tax saving by GM of $1 billion per annum) to the GM capital stock share holders. The capitalised value of this value transfer is about $20 billlion. Otherwise the idea holds no value to the shareholders. Indeed this is very similar to the common/preference two class share structure that all the 19th century railroads had. This is just a case of more capital structure arbitrage which I have posted on before. Substituting debt for capital to keep the stock pumped up. Indeed GM has added vast amounts of debt over the past few years - now have 90 billion in debt. . Link to comment Share on other sites More sharing options...
aussiebear Posted April 3, 2017 Author Report Share Posted April 3, 2017 ---> Musing Monday http://www.capitalstool.com/forums/index.php?showtopic=12951 Link to comment Share on other sites More sharing options...
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