Search results

BTW, here is an overlay of the 1998 Asian crisis vs the current one although the assumption here is that the move in August down was the corresponding corrective pattern and the recent move to the new highs was similar to the peak in 2000. The only thing I'll say to that is being that this is...

Just look at what you are paying for realized Vol. If you can buy a straddle for 100 handles and the ES is moving 100 handles every two days, that's pretty cheap. A 30 day straddle pays for itself in two trading sessions.

I like to normalize the data. In other words, in my opinion, using these indicators is worthless if you also don't assess value. For example, the fact that people are buying puts tells me nothing especially if those puts represent value, they are actually good trades. It's when you have high...

I forgot about the SPY/EEM spread. That baby is on fire now!

http://www.bloomberg.com/news/articles/2016-01-14/saudi-life-with-30-oil-shock-spending-cuts-and-even-smiles Great video Banjo posted on another thread.

I'm very short right now. My "theory" states that "after" this correction whenever that is, could be 9 months from now, this market would rally back hard to new highs and have a blow off top. It would resemble the 1998 to 2000 top where we had a ugly massive correction in 1998 (yes it...

No, contango is bearish not bullish. It means people are willing to pay to store to sell oil in the future at hopefully higher prices then what they believe they can get in the present. The market goes into contango to try to incentivize those who are storing oil to sell so they have to offer...

New lows in oil. The bottom is a long way out.

Weak oil....

We are relevant as far as production goes, but oil is a "growth fuel". It's relevant to markets that are growing the fastest (BRIC). Why? Because emerging growth countries have by far the fastest growth in both cars and also manufacturing i.e the transport that is needed to move product...

SINGAPORE—Asia's largest oil-trading hub is about to get much larger. Singapore is running out of space for the facilities needed to store crude oil, products such as gasoline, and chemicals. Billions of dollars of new investment money is flowing into neighboring Malaysia and Indonesia to take...

http://www.wsj.com/articles/SB10001424052702304632204579337913522664136 "Come gather ’round people Wherever you roam And admit that the waters Around you have grown And accept it that soon You’ll be drenched to the bone If your time to you is worth savin’ Then you better start swimmin’ or...

So here is what has changed in my humble opinion since 2008. Storage is HUGE now. Cushing is a non-event. In 2008 everyone was watching the levels there. Now you have half the Atlantic stuffed with cargoes full of oil. Cushing is a drop in the bucket. So many feel, who cares if Cushing...

Please let Ricter know that in Europe, there are ALSO local sales taxes on TOP of VAT taxes. Also let him know I said hi. :)

It's gone! For now....

I think that was a very different situation. The move up to 147 in July of 08 saw serious demand destruction which is very hard to recover from. This selloff has been very controlled and very steady. Almost shockingly steady. I believe it's mostly a China story. You had a lot of weird...

You realize that yield is simply the opportunity cost of the index. In other words, it equals zero.

Plunge? Not sure I would call that a plunge but G/H is priced in line with G/Z strip if not a few ticks steep. And I'm not sure what you mean by as precarious as 2008. Oil was in steep backwardation in 2008.

It's not a crime, you just can't sell it. And if you do sell it, you need to pay the site operator for such privilege.

This bounce in oil today is pathetic.