Nice table from Nomura. My elevator surveys tell me that Xiaomi is growing by leaps and bounds ... it's no longer seen as embarrassing to carry one, I guess. Going to be huge in the emerging markets, I'd bet. Apple won't be able to gouge people forever. I looked at getting a smartphone recently, but actually couldn't find a Xiaomi at the Internet price of 1,499 RMB -- no supply.
China Money Market Fund Yields
Nice chart from HSBC of the yields of Yu'e Bao (Alibaba), Licaitong (TenCent), and Baifa Baizhuan (Baidu). Still convenient but yields less compelling ... and deposits capped at one million RMB mean no big depositors can take advantage of them.
Trading idea for Tue. Aug. 5, 2014 | Tiffany (TIF)
Movies Watched -- American Hustle
Had some funny bits but way way too long ... close to two hours and twenty minutes, that's crazy ... indulgent filmmaking. If they had been able to cut it down to 90 or 100 minutes it would have been better. Amy Adams was pretty good, much better than Jennifer Cheekbones. Lots of good songs on the soundtrack.
Movies Watched -- Philomena
Quit an hour in (with 40 minutes to go). Slow, cliche riddled, annoying "emotional cue" soundtrack, it didn't hold me. And the adopted son turned out to be gay? Ugh, I'm really glad I didn't watch to the end.
Q's Set Up on Monday
Here's my view of the Qs on Monday ... SQQQ is the ProShares 3x bear fund. Cross-currents across time frames, tricky biz.
Movies Watched -- We Steal Secrets (The Story of Wikileaks)
Assange strikes me as an egotist, the flowing mane, the sunglasses, the clothes ... he wanted to be a rock star (and became one). Manning is a troubled character ... feels like he would have imploded if Lamo? hadn't exposed him first ... of course there are atrocities being committed in war zones, probably every day, nothing that Ma and Pa back home want to know about ... anyway, movie is dated now in the "Snowden Era."
Trading idea for Mon. Aug. 4, 2014 | Netflix (NFLX)
See lots of longs after the recent rout, including Netflix.
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ETF Trading Portfolio Update -- August 1, 2014
Many important reversals to be made on Monday morning ... the Euro long is the oldest position to go, put on way back in December 2012.
ETF Trading Portfolio Update -- July 25, 2014
Sorry, posting this a week late, but there were no changes last week.