Printable View
@Muscle... i know it's a few months old but did you ever get a chance to read this article back in April 2015? I've always been surprised that Mel has never been hired on as a "consultant." Guys with his experience normally get a 3 year consulting gig to stay around for advice, etc...
Karmazin: CBS and Time Warner Inc. need to merge
http://www.fiercecable.com/story/kar...rge/2015-04-14
Invested in CBS and Time Warner over the years because of Mel's public comments, Moonves leadership, and HBO competing with Netflix. But I am much higher on Sirius and Comcast. I think Sirius should be valued at $5 right now (20 times FCF per share). And I think Comcast should be $100 within 2 years (12 times EBITDA). I am a big believer in cash flow and stock buybacks and Sirius and Comcast are best in both. Media Cash flow machines.Quote:
Originally Posted by midas360
If CBS and Time Warner ever did merge, I would definitely invest a lot more in them, especially if Mel was involved in any way. Heck I still wish Mel was running Sirius. But that's just a dream.
Markets so far look flat setting up for today.
Oil is leading commodities lower, with Brent Crude down again, and metal also taking a hit. Chinese stocks slid on economic concerns and European equities rose on earnings. Greek shares slumped as today marks the opening of trading there after the five-week market suspension due to their financial issues. Closer to home, the 10 year is at 2.19, go figure. September rate hike is still very much on the table but at this point the mkts have priced that in. Puerto Rico is gonna default but so far no one seems to care much.
oh, but AAPL is up in Pre-market so perhaps my Aug 7 120 and 122 call will get a boost today.
So hang on folks for another ride on the stock market roller coaster! Good luck all!
Anyone here have experience trading the VIX..either with the etfs like VIXM or VIXY or just trading VIX options?
Every time I've taken a position in the past on the VIX, I've lost money - it's been like flushing money down the toilet. But with the "Fear Index" at a comatose 12 I'm thinking about wading back in as I anticipate things getting a more "interesting" as we get closer to some potential fed action in September. I know I just said above that it seems the market has priced in some kind of hike but the more I think about it, the more I suspect that even if the market has "priced in" fed action, investors will get restless as we get closer to the Fed Mtg. It doesn't really matter if they raise rates or not, but just that the mkts will start getting antsy as the meeting gets closer.
Thoughts anyone?
Auto numbers have reported for month of July and continue to be very strong! ! Off to the beach for 3 straight day in old orchard beach maine. Weather is nothing short of spectaculr. Have a great day everyone!!
Fiat Chrysler sales beat expectations
US auto sales are 2 for 2 in beating expectations.
Read more: http://www.businessinsider.com/july-...#ixzz3hkwRmvR2
US Auto Sales Strong in July on SUV, Luxury Demand
DETROIT — Aug 3, 2015, 8:47 AM ET
By DEE-ANN DURBIN AP Auto Writer
http://abcnews.go.com/Business/wireS...emand-32847239
Faulkner_SA,
Sad to see you go. I only check in on occasion and post even more rarely.
It is an annoyance to have to skip all the troll based posts. But there are nuggets from time to time.
Ford killed it!! #boomsiri!!
I used to trade the VIX options but never the ETF's. Thanks for posting the ETF symbols. I've been trading the short ETF's on the indices Short Dow (SDOW), Short NASDAQ (SQQQ), Short S&P (SPXU), Short Biotechs (BIS). I am going to add these to the list.
So were you saying that you were unsuccessful trading the ETF's???
Quote:
Originally Posted by user34615145
Although I have no reason to think otherwise, I will reserve judgement until all auto manufacturers have reported. So far only Fiat and Chrysler. Everything else is just conjecture and "expectation". Like I said, I too believe the numbers will be strong, but the devil is in the details.
and, now here comes Ford. No too shabby....stay tuned for the rest!Quote:
Originally Posted by midas360
Ford as a company is doing very, very well.
Ford Posts Best July U.S. Sales Performance in Nine Years on Strong Demand for Its Newest Vehicles
Total Ford Motor Company U.S. sales up 5 percent last month – its best July since 2006; retail sales up 5 percent
Ford F-Series has best July retail sales results in nine years, while still delivering record average transaction pricing; Ford commercial vans post best July sales in 15 years
Ford brand SUV sales up 11 percent last month for best July sales performance in 10 years. Sales of new Ford Explorer increase 27 percent, all-new Ford Edge up 17 percent, Ford Escape up 10 percent – an all-time July sales record
Fusion achieves best July ever; Mustang has best July performance since 2008
Lincoln brand delivers best July sales results in a decade, driven by strong demand for its newest SUVs, which post best July sales since 2001
http://www.businesswire.com/news/hom...s#.Vb9tlBF1jhA
GM killed it!! #BOOMSIRI!!Quote:
Originally Posted by dm_4
UPDATE: General Motors (GM) July U.S. Auto Sales up 6.4%; Retail Deliveries Rose 14%
http://www.streetinsider.com/Corpora.../10772892.html
This is very interesting...
Cutting Edge Virtual used-car dealers gain traction
http://www.latimes.com/business/la-f...ry.html#page=1
I've been unsuccessful taking positions (long or short) on the VIX. In past I've just traded options on the index but options expire and therein lays the problem. My reasoning was sound - that the VIX was either too high or as now, too low to remain indefinitely. It had to move when things either settled down or heated up. My problem was timing. Since you can't actually take a position in the VIX itself I was using options and options expire, so my timing was off. I think I've used the Keynesian quote before on this forum about the markets ability to remain illogical for a lot longer than a lot of men can remain solvent? Well that's me in a nutshell with those options. They expired and the next month the VIX moved BIG in the direction that I had predicted they would. So I'm trying to find a way to go long the VIX now that I suspect it'll move up.....that way if I'm wrong about the timing I can just sit on my position until the inevitable market correction happens. I just don't have a lot of experience with these particular type of etf and so I'm putting it out there for the group to see if anyone has used them before and get a sense of how they work.Quote:
Originally Posted by midas360
Thanks. Would you mind posting when you move into your VIX position? I've been trying to find ways to short this for the "inevitable correction" too. If not, no worries.
Quote:
Originally Posted by user34615145
Auto sales do nothing for SIRI any more. Havn`t in a long time.Quote:
Originally Posted by midas360
SF,
Ditto from me. I appreciated your insights and thank you for the objective guidance. I mostly read and lurk but find it very helpful as an input into my thought process. Take care.
Siri at $4.00, its a miracle.Quote:
Originally Posted by njbones1