Ghost of Igloi wrote:
seattle prattle wrote:
i wonder where we are in the corporations buying back their stock. I got the impression that there was still more to come, but wonder if anyone has a general forecast as to where we are in that cycle.
Link with no explanation. Also, are small caps still burning to the ground? Thinking of making some options plays on TNA/TZA for maximum exposure (why lose some of my money when I can lose it all on triple leveraged funds ).
Retail earnings are coming up. So far the market has rejected the tech sector in earnings and the house building sector! Maybe a short position on XRT?
Seattle asked about stock buyback, chart answers the questions.
My view on small caps 1) worst fundamentals with 60% of the companies have debt one level above junk, 2) low interest rates and plentiful liquidity allowed bad business models to survive, 3) those tail winds are headwinds, 4) a pure momentum trade, so choose your weapon carefully, and 5) past returns are not indicative of future results.