12/19/2015 Weekend Update

[tsf]

https://twitter.com/HumbleStudent/statu ... 3511680000
Cam Hui, CFA
‏@HumbleStudent
Insiders are still buying
via @barronsonline




Cam Hui, CFA ‏@HumbleStudent 11h11 hours ago
An Exacta buy signal (remarkable 3yr record).

[nikman]

Nice charts. I doubt we will get OBOS too much lower than where it is right now as the market has been correcting for a while. The ratio of SPXA50 and SPXA150 may not go much lower from here because most stocks have been lower for a while. If we get a severe spike down in the stock market, then it will reach your 0.50 level. But I don't think that can happen until 2nd of January because the fund managers want their bonus for this year and not many will short the market in light holiday trading volume.

https://twitter.com/HumbleStudent/statu ... 3511680000
Cam Hui, CFA
‏@HumbleStudent
Insiders are still buying
via @barronsonline




Cam Hui, CFA ‏@HumbleStudent 11h11 hours ago
An Exacta buy signal (remarkable 3yr record).

[Tutti]

Frontline Tankers update John (the pirate and 89th richest person in the world) has merged his two tanker companies (he has container shipping, deep water drilling, salmon farming, finance and more) and declared a 5 cent dividend- Snippits from Tradewinds:
Fredriksen does not anticipate ordering new ships but rather targeting resales, secondhand purchases or buying companies. He is reluctant to name outfits he has in mind but TradeWinds believes he has organisations such as Euronav and DHT Holdings on his radar.
Including newbuildings and chartered tonnage, Frontline now has a fleet of around 90 products and crude tankers. Fredriksen has promised that almost all of the net result per share will be transferred to shareholders. On Wednesday, Frontline declared a $0.05 per share dividend.

Pareto Securities says-The deal bought Frontline back as one entity with the “world at its feet”, says Eirik Haavaldsen of Pareto Securities.
“With other public companies failing to achieve above-NAV valuations, we argue that there are plenty of accretive growth opportunities for Fredriksen and Frontline, and expect action relatively soon,” the analyst said in his weekly report.
Frontline paid a dividend of $0.05 per share following the merger. Haavaldsen expects this to grow by a couple of pennies for the fourth quarter.
“And we could very well see near 10% of the current share price paid out over the three quarters Q3’15 – Q1’16,” he said in a report.

My own opinion-
The thesis is that US Shale and Canadian oil sands are in big trouble and shale will go away. But world demand for oil is picking up because of low prices. Well the US refining business isn't going away so this is all good for tanker operators. Most of them did what they always do, over-ordered new builds when times were good. Three years later there were too many boats for rent and the US Shale boom had shrunk imports. FRO went from the 70's to 2 bucks. This summer things turned around as the market increased to match the fleet and slow loading and unloading (25 super tankers anchored off Galveston for example) has made everybody profitable. And just as this happens the tanker king comes out of hibernation. And of course why would anyone want to own yankers when oil prices are low, not logical, but that is the way the public thinks.

The safer play is NAT, Nordic American Tankers, paying a solid 9.5% dividend but I know where the excitement will be, Arrh!

Kathrine-John-Cecilie-Fredriksen-300x2001.jpg

Thanks for this - I enjoy your contributions.

[Unique]

E-mini S&P 500 Futures Weekend: Keep It Simple Stupid Series - The Final Reveal

http://aapltechnicals.blogspot.ca/

[BullBear52x]

Just something after church

Santa got one last chance here. either here or 50% fib retracement. see accum/dist, bulls don't have much of a support now.

[fehro]

https://twitter.com/HumbleStudent/statu ... 3511680000
Cam Hui, CFA
‏@HumbleStudent
Insiders are still buying
via @barronsonlineCam Hui, CFA ‏@HumbleStudent 11h11 hours ago
An Exacta buy signal (remarkable 3yr record).

Always interested in seeing what happened before, and during a serious down move.. can't help myself.. .. so fwiw… same chart SPX | VIX/VXV | TRIN | 50d/150d SPXA50/SPXA150 - <Tradingview Symbols S1FI/S1OF>

[nikman]

BTW, TSF, this chart has already accomplished a blue vertical line (2 out of 3 are aligned) and that seems to have also worked out for at least a small bounce in the past with a perfect record. It aligns with the likelihood of Santa rally call in Cobra's weekend edition.

https://twitter.com/HumbleStudent/statu ... 3511680000
Cam Hui, CFA
‏@HumbleStudent
Insiders are still buying
via @barronsonline




Cam Hui, CFA ‏@HumbleStudent 11h11 hours ago
An Exacta buy signal (remarkable 3yr record).

[tsf]

Thanks, guys.
Here's a nice $NYMO chart from @Mella_TA
https://twitter.com/Mella_TA

[uempel]

The lower band of monthly BB 13/1 has a good track record: