Leave a comment


October 10, 2018.  The markets are in turmoil but so far we are only watching.  We are maintaining the buy limit on NSS.  The momentum is still down and we may get filled at $25.11.

Continue holding HAL as a trade.

We have been watching HYHG Interest Rate Hedged Bond ETF for months.  The price has been trending up and we have been hoping for a lower price to buy.  With the declines over the last week. HYHG may come into our buy price range.  Today it is at $67.61.  Yield is at 5.83%.  This position will be purchased at lower prices, but the momentum remains down today. 

ProShares High Yield—Interest Rate Hedged ETF
ProShares High Yield—Interest Rate Hedged ETF (HYHG) is a high yield corporate bond ETF with a built-in hedge that targets a duration of zero to eliminate interest rate risk. Many investors use high yield bonds as part of their fixed income portfolios. High yield bonds typically offer better return potential than Treasurys or investment grade bonds as a way of compensating investors for taking on greater risks.
HYHG combines the return potential of high yield bonds with a built-in hedge that targets a duration of zero to eliminate interest rate risk.

Go here for a full description:



Sometimes we see articles that are exceptional in evaluating current markets.  We suggest you read this one-go to link below:

All of these signs suggest an economy, and a market, that is fully matured with investors behaving imprudently. In other words, things are as “good as they can get,” which happens at the end of a cycle rather than the beginning.
So, How Long Until This Cycle Ends?
Throughout history, interest rates are at the heart of every cyclical recovery and decline. As I discussed in “Did Something Just Break?”:
“With housing and auto sales already a casualty of higher rates, it won’t be long before it filters through the rest of the economy. The chart below shows nominal GDP versus the 24-month rate of change (ROC) of the 10-year Treasury yield. Not surprisingly, since 1959, every single spike in rates killed the economic growth narrative.”




The real unemployment rate (U-6) is a broader definition of unemployment than the official unemployment rate (U-3). In September 2018, it was 7.5 percent.
The U-3 is the rate most often reported in the media. In the U-3 rate, the Bureau of Labor Statistics only counts people without jobs who are in the labor force. To remain in the labor force, they must have looked for a job in the last four weeks.

The U-6, or real unemployment rate, includes the underemployed, the marginally attached, and discouraged workers. For that reason, it is almost double the U-3 report.
Underemployed people are part-time workers who would prefer full-time jobs. The BLS counts them as employed and in the labor force.
The marginally attached are those who have looked for work in the last year but not the previous four weeks. They are not included in the labor force participation rate.
Among the marginally attached are the discouraged workers. They have given up looking for work altogether. They could have gone back to school, gotten pregnant, or become disabled. They may or may not return to the labor force, depending on their circumstances. Once they haven’t looked for a job in 12 months, they’re no longer counted as marginally attached.
The BLS issues both the U-3 and the U-6 in each month’s jobs report. Surprisingly, there isn’t as much media attention paid to the real unemployment rate.

But even former Federal Reserve Chair Janet Yellen said it paints a clearer picture of actual U.S. unemployment.
Real Unemployment Rate Formula Using Current Statistics
In September 2018, the real unemployment rate (U-6) was 7.5 percent. It’s almost double the widely reported unemployment rate (U-3) of 3.9 percent.



Ignorant Hollywood failed stars and millennials want socialism:  visit Venezuela.


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: