BlackPacific Capital  - Tactical Investment Management
RSS

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

Categories

Weekly Market Assessment
powered by

BlackPacific Capital

Push It to the Limit

Weekly Market Assessment
By:
 
Push it to the limit! Today, we got the news that Shinzo Abe, Japan's Prime Minister (Abenomics), much like our former Federal Reserve Chairman, Ben Bernanke (Helicopter Ben), has dissolved Parliament to further pursue "his extreme" monetary easing. The printing of money to devalue your currency and attract outside investment is on! Japan has been fighting for over 20 years the evil economic battle called deflation and is now willing to flood the market with a cheap currency (trying to create inflation) that will attract a stronger currency and create growth! However, the "new fade" with every Central Bank today is to do the same! The race to the bottom is on and for now looks to be acceptable to the market. The U.S. dollar has benefited from all this even after our own attempts to devalue our own currency through quantitative easing! How is this possible and when does the market say we've had enough? This week marked the 5th straight week of positive gains in the market! Year to date; we are up over 7% in the Dow and 11% in the S&P 500! This comes after the mid October sell off/panic, where the market corrected by 9.9%. We have also had 26 consecutive days with new highs! This seems to be the story of the year and is something that is mentioned almost every week! We begin to complain and become complacent when the market behaves this way, then become scared when the market corrects to our request. The market climbs a wall of worry and this continues to be the excuse to keep investors out of the market as we trade into new highs.  Gold is at lows not seen since 2010 - stocks are at all time highs - the dollar is at a 4 year high, while interest rates remain at record lows! Have we reached the limits yet? One thing is for sure, "markets can stay irrational longer than you can stay solvent" John Maynard Keynes.
The Rant: Going Off on a Tangent with My 2 Cents
Nothing this week     
 
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.
 
PureFunds ISE Cyber Security ETF (HACK) $25.85-This is an exchange traded fund which means it bundles a group of common companies into one security. I can now buy 10+ internet cyber security companies for one price and participate in the overall movement in the sector. This just went public this last week and holds 4 internet cyber security companies that I follow. 
 
 
From the Trading Floor to the Option Pit: A quick look at whats on the trading desk:
 
S&P 500 (SPX) -No Trades 
 
SPDR S&P 500 EFT (SPY)- Follows the S&P 500. Traded in and out of these positions on any gains for a total weekly option gain of 11%.  I have again bought "PUTS" at 206 and 206.50.   
 
Globalstar (GSAT)-provides mobile voice and data communications services through satellite worldwide. This has been surrounded by controversy as to it current valuation and it potential spectrum valuation. I have traded in and out of this position for a 5.7% weekly gain and now hold a long position at $2.71. The CEO has as of this week come into the market and purchased over 1 million shares in the open market not through grants, while also being granted over 5 million shares as well. If he is buying in the open market, I am willing to hold and keep a short term long position in these shares.      
 
Continental Resources (CLR)- I have sold out of this position at 56.50. I entered a long position and also put this on my watchlist at 51.55. I had a 9% gain as oil caught a bid last week.  
 
  

8 Comments to Push It to the Limit:

Comments RSS
Bullion Tips on Wednesday, March 02, 2016 4:36 AM
The blog was absolutely fantastic! Lot of great information which can be helpful in some or the other way. Keep updating the blog, looking forward for more contents...Great job, keep it up..
Reply to comment


bestessays com on Saturday, July 07, 2018 5:07 AM
The estimation of the market relies upon the economy. In the event that the economy of the nation is great and advance obviously market will be the ascent and if the economy of the nation isn't great, it will be down. You give the entire data about the business sectors of the world.
Reply to comment


bid4papers.com review on Saturday, July 07, 2018 6:41 AM
It is the understanding between the two organizations. This sort of the understanding is vital on the grounds that everything running easily and as indicated by the assention. It is the main technique when you work with the other organization and it is the great.
Reply to comment


PUBG Hack and Cheats Generator on Friday, August 17, 2018 2:39 AM
more interesting and very informational post
Reply to comment


free v bucks hack on Thursday, September 06, 2018 3:49 AM
Used to get free v bucks easily
Reply to comment


PT. Kasogi Internasional Tbk on Wednesday, February 06, 2019 7:32 AM
hari dia bahkan menelepon ke rumah polisi untuk menakini ke 19 Pabrik Besi Beton Distributor besi beton interworld steel is Distributor Plat Bordes Distributor Plat Bordes ironsteelcenter.com Pabrik pipa besi baja sch 40 sch 80 undangan pernikahan lucu Distributor Plat Kapal Bki Krakatau Steel Distributor Besi Hollow Baja Distributor besi hollow Distributor besi beton gunung garuda Harga Plat Bordes Harga Plat Bordes Pabrik stainless steel Pabrik besi hollow undangan pernikahan bagus Distributor Jual Besi Siku Baja Supplier Besi Hollow Baja Harga besi hollow Distributor besi beton delcoprima Jual Plat Bordes Jual Plat Bordes Pabrik atap spandek Pabrik besi beton Sni Ulir Polos undangan pernikahan bahasa inggris islam Distributor Besi Unp Baja Profil Kanal Agen Besi Hollow Baja Jual besi hollow Distributor besi beton cakra steel cs Supplier Plat Bordes Supplier Plat Bordes Pabrik baja ringan Pabrik besi wf baja undangan pernikahan contoh Distributor Besi Cnp Profil Baja Gording Toko Besi Hollow Baja Supplier besi hollow Distributor besi beton bjku Jual Jaket Parka Jaket Parka 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
Reply to comment


Cable And Internet Deals on Friday, April 19, 2019 11:39 PM
This is a great post. I am really bad at remembering to pin articles I liked or were helpful but I do have a board started.
Reply to comment


q on Thursday, May 16, 2019 3:03 AM
q
Reply to comment

Add a Comment

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