For some reason, my mother's husband gave me (and my wife) an annual membership to the Smithsonian Institution for Christmas, which includes a magazine subscription (or vice versa). I don't think we're the right target demographic for this publication because I flipped through the magazine and it's full of ads for commemorative coins, cruises (both ocean and river), and pharmaceuticals. We're not there yet.
There's a Little Clock Inside That Keeps Tickin'
I like a couple of Rilo Kiley songs so Spotify recognized this and served me someone named Jenny Lewis, whom I now know is the voice behind Rilo Kiley. Love her sound.
Four Feet Away
Really dig this song by Polaris: "Hey Sandy" ... never seen The Adventures of Pete and Pete.
ETF Trading Portfolio Update -- December 21, 2015
DXD reverses... another short position from early October.
ETF Trading Portfolio Update -- December 14, 2015
Lots of changes this week ... finally the volatility holdings (VXX / XIV) are doing their job (sort of), and cutting the losses in silver, another position put on in October that did not work out at all (I've been short the gold for about a month now).
ETF Trading Portfolio Update -- December 7, 2015
Reversed two energy positions put on in October, taking the losses. I'm going to re-jigger the portfolio in the new year to remove all the duplication (DUG, ERY, SCO, etc.) and simplify things, especially since things like DUG are completely illiquid.
ETF Trading Portfolio Update -- November 30, 2015
No changes this week.
ETF Trading Portfolio Update -- November 23, 2015
No changes this week.
Chairman Recommended Game: Flow Free
This is one of my favorite games on the iPad. I solved it twice (completed progress erased once by baby) with the help of my son. I've never paid for a hint, of course, that's cheating. Flow Free just announced an update where they send a few new puzzles every day, which is nice for those of us who solved it long ago.
Russian Market Still Has A Long Way To Fall
Everyone in the Elliott Wave world saw the short set-up in Russia back in May. Last week another smaller set-up occurred, which confirms the idea that the RSX will fall by around a third from here. If things really get bad -- Fed policy errors, regional war, global depression, etc. -- then we can expect the RSX to fall to single digits, as you can see in the chart below.
Russia collapsing like this also jibes with my idea that the long bond yield will fall below the Jan. 2015 level.
Click to enlarge