Archive | July 2022

You are browsing the site archives by date.

NEW BUY. ADMINISTRATION OF LIARS

July 27 2022 We bought a few more of the high paying PBF Logistics Corporate Bond. The coupon is a high 6.87% with a yield to maturity of 7.8% (May of 2023). CUSIP: 69318UAB1 PBF Logistics LP owns, leases, acquires, develops, and operates crude oil and refined petroleum products terminals, pipelines, storage facilities, and other […]

TRUMP GETS HIS JET READY!

“”“As leftist candidates emerge as front-runners in the Democratic primary, pressure will grow on Hillary Clinton to enter the race,” writes Morris. “Much like Biden’s surprise entrance in 2020, Democrats will see her as their savior, an experienced politician able to bridge the left and more moderate wings of the party.”“” (OMG Hill will not go away!!!) Monday: SPY […]

WOW NETFLIX VIEWERSHIP AMAZING.

We have been buying a lot of Corporate bonds, here is an excellent educational article that was published at seekingalpha.com: Recession Proofing With Investment Grade Bonds Bottom Line: Futures just turned positive: hold all positions. —– Pete ButtHurt has to be one of the DUMBEST ultra left Democraps. What do you mean you don’t have […]

DID BUY THE SOUTHERN CO. BONDS. CONFIDENCE IN TV NEWS DROPS CLOSE TO ZERO!!!!!

July 20 2022 We were finally able to buy only a few of the Southern bonds (see link to article below) that we discussed Monday: vs the required ten early in the morning. Remember that Corporate Bonds redeem at par AND you get the dividends. You cannot LOSE money assuming the Company does not go […]

MORE RESOURCES WE FOLLOW

“””“President Biden, in my view, he’s coming as a much-diminished president than when he was first elected,” said Saudi Arabian Prince Turki Al-Faisal in an interview with CNBC.“”” (lol) July 20, 2022 In looking at cycle analysis charts, it now appears we may continue with market gains for the next month. In contrast, regular momentum analysis tells […]

BUY CORPORATE BOND

July 14. We are buying Walgreens Corporate bonds paying 3.8% which is good in this environment. Matures Nov 2024. CUSIP: 931427AH1. Corporates mature at $1000 plus you get the dividends semi-annually. ——— It still appears that we are heading for market ‘lows’ in late August/early September. DOW is down 363 as we write this. This […]

WAITING FOR CAPITULATION

July 12 2022 Keep in mind that financial markets will NOT turn around and start heading up UNTIL we get a capitulation. Investors will start screaming “Get me out”. We are not there: not even close. The trend is down, which is why we will probably start buying SDS or SH, to short the market. […]

IMPORTANT-INFLECTION POINT COMING

July 11 2022 It looks like they are trying to push the market UP before earnings reports start coming in mid week. But overall markets continue in a severe downtrend and we may hit SPY 3200-3500 possibly as early as August. This is not shocking as we have been anticipating lows this Fall. There may […]

LOOKING BAD, LONG TERM

July 7, 2022 We were expecting a ‘significant’ rally going into earnings, but the advances have been weak. So we did NOT place any trades. Longer term, the stock market looks really bad. As discussed many times here, the lows are expected this FALL. As we have mentioned, we should have sold out in January. […]

GONNA ATTEMPT ANOTHER RALLY

July 5, 2022 It looks like we are going to see another attempt for a significant rally. Earnings are coming and the Fed/Bumbling Bidee want a rally. We may be buying SPY for a SWING TRADE. The DOW dumped today 700 but is closing at 150. —– For New Members: Keep in mind this is […]