Monday, December 26, 2016

Psycho Killer; Nothing About The Bakken Yet -- December 26, 2016

Disclaimer: this is not a dance site. Do not make any jazzercise, zumba, Arthur Murray, or aerobic dance decisions based on anything you see here or think you may have seen here. Likewise, this is not an investment site. Do not make investment, financial, travel, job, or relationship decisions based on anything you read here or think you may have read here. This is an education and entertainment site. But that's not why it was created. Have we gone off the rails yet?
Psycho Killer, Talking Heads

Natural Gas and All That Jazz

For natural gas addicts: we're still not in a bubble -- SeekingAlpha contributor. This is the reason I'm linking the article. Some definitions:
The four categories of commodity traders discussed in the article above are:
  • Money Managers. A "money manager" is a trader engaged in managing and conducting organized futures trading on behalf of clients. This category includes registered commodity trading advisors (CTA), registered commodity pool operators (CPO), or unregistered funds ("hedge funds").
  • Producers/Merchants/Processors/Users. A "producer/merchant/processor/user" is an entity that predominantly engages in the production, processing, packing or handling of a physical commodity and uses the futures markets to manage or hedge risks associated with those activities.
  • Swap Dealers. A "swap dealer" is an entity that deals primarily in swaps for a commodity and uses the futures markets to manage or hedge the risk associated with those swaps transactions. The swap dealer's counterparties may be speculative traders, like hedge funds or traditional commercial clients that are managing risk arising from their dealings in the physical commodity.
  • Other Reportables. Every other reportable trader that is not placed into one of the other three categories is placed into the "Other Reportables" category.
For zumba addicts, put on your wireless Beats or AirPods and turn the volume up high:

Life During Wartime, Talking Heads

I am seriously considering "taking" zumba lessons -- though I don't really think you "take" zumba lessons. You just show up and start dancing. My wife's instructor is Colombian and I've had one evening with her zumba. If I do this: no video. 😎


Trump: consumer confidence at an 11-year high; market up 10%; and Christmas spending to exceed $1 trillion. Via Twitter.  His tweet left out the part about consumer confidence at an 11-year high. Fact-check that $1 trillion. The rest has been previously posted, fact-checked. No "I's" in Trump's tweet.

Obama: "I would have won against Trump."  Whatever. Get back on the golf course.


The odds tonight for the Dallas - Lions game:
  • OddsShark: Cowboys by six; over-under at 45 points.
  • Computer: 30.1 - 13.7 = 16.4; over-under 43.8
  • Actual: 42 - 21 with four minutes to play; Dallas recovers a fumble and has the ball
A six-point spread?

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