RabbiJacob

RabbiJacob

Last year I thought I had a pretty good idea; Buy RDSA after Trump "Neutralized" the Iranian General. Imagining this could be a catalyst to higher oil prices. Paired with predictions that at the time the world economy was about to grow. Well, of course, this turned out terrible and I learned that I should have sold a lot lot lot quicker. And well, I ended up...

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Solvac EURONEXT:SOLV is a mono-holding, it owns 30% of $SOLB EURONEXT:SOLB So I imagined they would both go up and down the same amount. However, they don't. Interesting. I imagine the reason for this is that SOLVAC is owned mostly by the family that used to fully own Solvay chemicals. fun side fact SOLVAC also pays a higher dividend which is...

RabbiJacob

NASDAQ:VCLT INDEX:DXY I think there is some negative relation between $DXY and $VCLT. Therefore watch out what the $DXY is doing Since it seems that when it goes up $VCLT goes down. Dollar strength not good for long term corporate bonds it seems. I imagine that it's because the market goes into short term treasury or longterm government bonds and avoids...

RabbiJacob

It seems like the price is trading on sentiment right now. The Positives : There is talk that the curve has been suppressed. The worst in Spain and Italy seem to be over. Austria is looking to relax the lockdown. The Fog : However, we miss fundamental news. That, if you know more about please let me know. How soon will the airline be allowed to...

RabbiJacob Updated 

Shown : 1 Month performance comparison between $TLT ( US LT bonds) and two LT corp Bond ETFs $VCLT $HYG. I imagine many people switched to corporate bonds over the years because the yield on Gov Bonds was just way to low for them and instead of trying to adjust lifestyles we prefer to take more risks. So to some, it might be a surprise that these Corporate bonds...

RabbiJacob

Low vol is supposed to be better in times of high vol. (At least that is how a financial advisor explained it to me). So let's see. This March was quite volatile. How did LOW vol do compared to your vanilla $SPY? Turns out this month it did 2% worse.

RabbiJacob

Quick illustration of benchmarks and indexes not being the same. The MCHI passive ETF tracks a different index that is supposedly also the Chinese index and it is interesting to see that there is quite a big difference in performance. YTD we have -9.84% for the classic index VS -15.58% for the index that your BlackRock ETF is tracking (the MSCI China...

RabbiJacob Updated 

Long China now? I wouldn't go overweight yet.

RabbiJacob

SPG: Simons properties. One of the biggest names in real estate indexes had a nasty year. At one point you would have been down 70% YTD. That is just violent. Did the corona Virus Kill the Shopping Mall? The market seems to think so.

RabbiJacob Updated 

Morgan Stanley upgrading Virgin Galactic back to overweight from equal-weight. Will it go back to 40? We don't know? Has this market Bottomed? We don't know? Today is a more positive day Italian index is +7 on the news they might have passed the peak. Oil company Shell is up double digits today as well. so there is hope. And man will once more want to go to space.

RabbiJacob Updated 

On 3 Jan I bought some RDSA stock expecting things to heat up in the ME since the Iranian General got drone striked in Irak. Also, there could have been another Benghazi situation in Irak. Based on this news I decided to buy RDSA a dutch, vertically integrated oil giant that is not very exposed to the ME and could do well if the oil would be trading high....