BlackPacific Capital  - Tactical Investment Management

Recent Posts

The Big Lie Part 3: Stuck in Purgatory
The 500lb Gorilla in the Room
The Big Lie: Intro
The Saga Continues; Big Risks and Little Spare Capacity
They Say There Is A Lack In Demand


Weekly Market Assessment
powered by

BlackPacific Capital

A Market with No Respect

Weekly Market Assessment
A market rally with no respect. Day after day and week after week, I read and hear analyst, investment bankers, authors and TV anchors preaching that the end is coming and its going to be bad. Every time we hit a new high, the worst comes out; the market is running on fumes, scary correction ahead, 60% correction in the DOW and S&P 500, and as always, the bubble is about to burst! All of these draw the eyes of myself and the other millions of viewers that are interested in how this writer/commentator/analyst came up with how its going to happen. However, it seems like we are running into new highs every week. S&P 500 hit and closed above 2000 this week even on the backs of all the geopolitical risks around the world. The investors who remain short are only fueling this market into new highs as they are forced to cover their shorts and buy their shares back essentially pushing the market even higher. Are all these contrarians correct and are we the ones going to be left "holding the bag"?
What is for sure is we are currently up ~8.5% this year! When most thought we needed a little rest from last years killer market gains. I will keep the Federal Reserve policies out this one time. If you have ever gambled and walked up to a roulette table and saw it land on black 3 times in a row, then laid down your one bet thinking, red has to hit this time - that is not how probabilities work. The table or ball has no memory of what happened before and begins like every other time with a 50/50 chance (disregarding green). Each play is an independent event, the market works the same way. For a healthy market to progress, we need these short term resets however it doesn't play out like most would think in comparison to a roulette. Just because we had a great year/month/week or day doesn't mean it cant continue on! Stock prices follow earnings growth. If earnings continue to grow, we should continue to see an expansion into the equity market. Like the career of Rodney Dangerfield, this market gets no respect!                             
Making the Watchlist: Below are the stocks that I will be looking at over the coming months.  I will provide the the current stock price and why I am watching them. I will comment on them as I continue to keep an eye on them.  You will be able to see and follow their growth and/or decline. Chart links may be attached.
From the Trading Floor to the Option Pit: A quick look at whats on the trading desk:
S&P 500 (SPX) -To protect my net long positions I have purchased a weekly Vertical "PUT" Spread at 1995/2000.  
FireEye (FEYE)- I got out of my Iron Condor for a 12% option loss that was used to protect my long position in FEYE, which is now up 11% as I continue to hold these common shares. 
T-Mobile (TMUS)- New takeover rumors are coming out with the majority owner of TMUS, Deutsche Telekom, who own ~65% of TMUS said that they would accept offers for a takeover of $35 or more. As mentioned last week I have purchased shares at $29.25 and continue to hold them, TMUS now sits at $30.08 after this recent news.    

7 Comments to A Market with No Respect:

Comments RSS
replica watches on Thursday, August 18, 2016 8:17 PM
When most thought we needed a little rest from last years killer market gains. I will keep the Federal Reserve policies out this one time.
Reply to comment

Pudjiono Iwansantoso on Wednesday, February 6, 2019 7:42 AM
adi": struktur ritmik yang tidak rata, irama kasar, gini ke 14 pabrik plat stainless ss304 pabrik plat stainless ss310 pabrik round bar besi aisi 440s45c pabrik round bar scm440 pabrik steel rail pabrik steel sheet pile pusat astm a283 c pusat pipa boiler pusat plat abrex 400 pusat plat asme516 grade70 pusat plat astm a285 c Toko Atap Spandek Toko Atap Spandek Distributor atap spandek Distributor besi siku undangan pernikahan klasik Jual Plat Kapal Bki Krakatau Steel Jual Besi Wf Baja Toko sch 40 Jual besi beton krakatau steel ks undangan pernikahan kalender undangan pernikahan bahasa inggris islam undangan pernikahan islami undangan pernikahan unik dan murah undangan pernikahan modern undangan pernikahan online undangan pernikahan undangan pernikahan amplop surat undangan pernikahan simple undangan pernikahan murah undangan pernikahan unik undangan pernikahan artis undangan pernikahan modern undangan pernikahan artis undangan pernikahan arab undangan pernikahan undangan pernikahan Agen Atap Spandek Agen Atap Spandek Distributor baja ringan Distributor Plat besi plat kapal undangan pernikahan aneh Jual Jual Besi Siku Baja Harga Besi Wf Baja Agen sch 40 Jual besi beton jcac Pabrik Atap Spandek Pabrik Atap Spandek Distributor bondek Distributor besi h beam baja undangan pernikahan mewah Jual Besi Unp Baja Profil Kanal Pabrik Besi Wf Baja Pabrik sch 40 Jual besi beton interworld steel is Distributor Bondek Cor Distributor Bondek Cor Distributor Plat kapal besi baja bki krakatau steel Distributor besi cnp undangan pernikahan cute Jual Besi Cnp Profil Baja Gording Distributor Plat Besi Baja Distributor besi Pipa sch 80 baja Jual besi beton gunung garuda Harga Bondek Cor Harga Bondek Cor Distributor besi siku undangan pernikahan online Jual Besi Hollow Supplier Plat Besi Baja Harga besi Pipa sch 80 baja Jual besi beton delcoprima Jual Bondek Cor Jual Bondek Cor Distributor pipa besi baja sch 40 sch 80 Jual besi Wf Baja undangan pernikahan buatan sendiri Jual Wiremesh
Reply to comment

fds on Monday, June 10, 2019 5:38 AM
Reply to comment

yeezy on Wednesday, December 4, 2019 12:37 AM
Reply to comment

Useless Websites on Wednesday, February 5, 2020 9:03 PM
A Market with No Respect Useless Websites
Reply to comment

small tattoos on Monday, March 30, 2020 1:26 AM
small tattoos small tattoos
Reply to comment

Sex Positions on Saturday, April 25, 2020 3:39 AM
Reply to comment

Add a Comment

Your Name:
Email Address: (Required)
Make your text bigger, bold, italic and more with HTML tags. We'll show you how.
Post Comment