Thread: bmneveu's Account Talk

It's a little odd that S C and I are down big and F is flat. F should be through the roof, right?

Originally Posted by bmneveu

It's a little odd that S C and I are down big and F is flat. F should be through the roof, right?

That assumes that if you are not in equities, you are in bonds, which is not always the case... cash is an option and so are commodities (which as you noted are getting crushed).

There are some weird internal things going on. I don't understand what is happening today especially with POMO action going on.

Originally Posted by RealMoneyIssues

That assumes that if you are not in equities, you are in bonds, which is not always the case... cash is an option and so are commodities (which as you noted are getting crushed).

There are some weird internal things going on. I don't understand what is happening today especially with POMO action going on.

I'd also like to think the semiconductor sector would be up pretty big with the price of gold dropping so hard, but they are getting wacked too!

Albertarocks' TA Discussions: Hindenburg Omen Settles Right Down - But Far From Relaxed

Potential for a Hindenberg Omen today? It would be the first since August 2010.

Bought TZA today at 39.66 and might pull my I fund allocation back to F tomorrow. Gearing up for the HO and summer...

Originally Posted by bmneveu

Bought TZA today at 39.66 and might pull my I fund allocation back to F tomorrow. Gearing up for the HO and summer...

Looks like I did not get out of the way of the Hindenberg Omen quick enough. I'll wait until tomorrow to pull my I fund money back in hopes for a bounce. TZA and 50% F has hedged me nicely though.

Originally Posted by bmneveu

Bought TZA today at 39.66 and might pull my I fund allocation back to F tomorrow. Gearing up for the HO and summer...

Sold at 41.55 for almost 5%. The trading account is all cash now and no buying power for another 2 days.

WTI Crude is currently trading at just under $86 a barrel. Looking at the 3-year chart, I see decent support at $85 and even better support at $80. I'd be a buyer here soon if I could find a leveraged ETF that has some volume to it. USO has plenty of volume, but there's no leverage to it. Anyone know of a 3x Bull Oil (preferably WTI Crude) ETF with decent liquidity? If not, I'm surprised it doesn't exist. Might be a little too much to ask for though.

Originally Posted by bmneveu

WTI Crude is currently trading at just under $86 a barrel. Looking at the 3-year chart, I see decent support at $85 and even better support at $80. I'd be a buyer here soon if I could find a leveraged ETF that has some volume to it. USO has plenty of volume, but there's no leverage to it. Anyone know of a 3x Bull Oil (preferably WTI Crude) ETF with decent liquidity? If not, I'm surprised it doesn't exist. Might be a little too much to ask for though.

The Web's Best ETF Screener | ETF Database

Originally Posted by bmneveu

WTI Crude is currently trading at just under $86 a barrel. Looking at the 3-year chart, I see decent support at $85 and even better support at $80. I'd be a buyer here soon if I could find a leveraged ETF that has some volume to it. USO has plenty of volume, but there's no leverage to it. Anyone know of a 3x Bull Oil (preferably WTI Crude) ETF with decent liquidity? If not, I'm surprised it doesn't exist. Might be a little too much to ask for though.

Looks like there are a few oil ETFs on this list you may want to take a look at. Leveraged ETF List: Complete List from Stock-Encyclopedia.com

Thank you for the links. I'll look further into those today sometime.

Originally Posted by bmneveu

Looks like I did not get out of the way of the Hindenberg Omen quick enough. I'll wait until tomorrow to pull my I fund money back in hopes for a bounce. TZA and 50% F has hedged me nicely though.

Well I want to bail out of the I fund today on an up day but now I'm seeing a headline that the BoJ is going to increase their bond buying program (Japan's QE). This is probably going to propel the Nikkei tonight. I need to make a hard choice now. Use my 2nd IFT to get out of international stocks completely for the month because of volatility and HO and seasonality, or stay in because of Japan's QE. Not alot of reasons to stay in it looks like...