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  1. kmiklas

    Looks like I got my Johnson and Johnson prediction right.

    Your prediction wasn't right; it was undervalued by about 10%, and your timing was way off. The price almost hit 180 in August of this year (2021), and is back down to about 160 today. I predict that it will break 200 before May 2023.
  2. kmiklas

    USD, OIL - Silver?

    Copper?
  3. kmiklas

    Zoom ET Holiday Party?!

    idk... I'll look into it and get back to you. Thanks! I think it's going to be a lot of fun. About how many people do you estimate?
  4. kmiklas

    Zoom ET Holiday Party?!

    Heya Baron, Magna, et alia: Can we do a Zoom/online holiday party this year? I've done it with some of my other online communities, and it was a hit! Experience has shown that the best time is about 2pm Eastern time on a Sunday--then you get everybody. It's 11am California time, so you get all...
  5. kmiklas

    BBBY

    Why? It's bouncing nicely: Thanks to Interactive Brokers TWS for this chart
  6. kmiklas

    Spikes/plunges at the open: out of hours movement: how does it happen?

    Thank you for this comment! This is a good lesson learned for me. Wow were you right... Look at that candle in pre-market: Thanks to Interactive Brokers TWS for this chart
  7. kmiklas

    BBBY

    Good points, fully agree that the BBBY move is in the books. I'm thinking of this as a harbinger of doom for related retail, like the Gap, Macy's, Nordstroms, etc. Perhaps an indicator that other retail instruments will see a similar kneecapping. Like how other Chinese companies are going down...
  8. kmiklas

    BBBY

    Short sell.
  9. kmiklas

    BBBY

    Those of you in on consumer discretionary should have some underwear changes ready. imnsho, This is going to get worse before it gets better. I looked at Nordstrom, Macy's and some other retail for correlation and collateral... Bear is charging. We all know that before COVID hit, shopping in...
  10. kmiklas

    USD, OIL - Silver?

    Interesting thesis! Good thinking. The chart below shows three ETFs: USD (UUP), Oil (USO), and Silver (SLV). The dramatic decrease in oil in early 2020 is obviously due to COVID. The dollar has remained fairly constant relative to both silver and oil. The correlation appears to be between Oil...
  11. kmiklas

    Spikes/plunges at the open: out of hours movement: how does it happen?

    What are the mechanics of spikes and plunges at the open? For example, take Bed, Bath and Beyond $BBBY. They got smashed today on missed earnings and poor guidance. They are down almost 30%; yesterday they closed at $22.2, and opened at $16. That's a lot of price movement when the exchanges...
  12. kmiklas

    Expectations..

    To make a few sport comparisons: - In U.S. Football, you'd be a better Quarterback than Tom Brady or Terry Bradshaw ... better running back than Walter Payton, Jim Brown, Emmet Smith, or Adrian Peterson - In Soccer/Euro Football, you'd be better than Messi, Maradona, or Pele - In Basketball...
  13. kmiklas

    BlackRock, HSBC among largest buyers of Evergrande debt: Morningstar

    Might I suggest Wells Fargo? Just ignore Elizabeth Warren. Warren says Fed must break up 'repeat offender' Wells Fargo | Reuters
  14. kmiklas

    Expectations..

    1k per day on a 50k account? That's 2%/day; assuming 250 trading days/year, that's 500% annualized... without compounding earnings. To give you some perspective, Buzzy Schwartz, one of the best day-traders of all time, posted a 443.7% return in futures in a 1984 trading contest ftw. Imnsho...
  15. kmiklas

    BlackRock, HSBC among largest buyers of Evergrande debt: Morningstar

    Why? You think HSBC buying distressed Evergrande "junk" bonds is a bad move? They'll prolly turn a profit when it bounces, unless you think Xi will push Evergrande into bankruptcy. God only knows how Chinese bankruptcy law works.
  16. kmiklas

    BlackRock, HSBC among largest buyers of Evergrande debt: Morningstar

    Not me right... Blackrock right. A good bet; they probably have inside info.
  17. kmiklas

    BlackRock, HSBC among largest buyers of Evergrande debt: Morningstar

    Heard through the grapevine that they're scooping up these bonds at 20 cents on a dollar, hoping to sell them for 60. NEW YORK, Sept 21 (Reuters) - Fund giant BlackRock and investment banks HSBC and UBS were among the largest buyers of the debt of embattled Chinese real estate developer...
  18. kmiklas

    Possible US default on it's debt.

    Look on the bright side: the sh!tcanned peeps won't have to get vaccinated.
  19. kmiklas

    Possible US default on it's debt.

    U.S. To Trade Gold Reserves For Cash Through Cash4Gold.com https://www.theonion.com/u-s-to-trade-gold-reserves-for-cash-through-cash4gold-1819594826
  20. kmiklas

    A nice start to Friday

    Thank you for your comments, and I mean it. It was because of you that I took profits, or I might have swung right back into the red... and who knows when it will go green again.
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