Are we in a student loan bubble? If not, why is the US Government messing with the data?
Quote from the article “The far more dire implications, however, are for broader student loan market, because if the latest unfabricated data suggesting that loan delinquencies are rapidly rising toward 50% across most of America’s colleges, then the US is facing a default problem of staggering proportions.”
If you have a student loan – are contemplating a student loan, or have kids who have student loans, you need to read this next article – reminds me of the shenanigans right before the Housing bubble meltdown with mortgages:
Bottom line – you cannot forget about a student loan once you have one – being ignorant is not bliss, it can ruin your life.
I sold my GILD holdings last night to reduce my equity holdings – running out of things I can sell without major tax consequences. I know this will bite me at some point – and I had to sell with a slight loss (-$310.00), but feel I needed to stick to my portfolio rules.
I hate to admit it – but I also had this constant fear about the next Donald Trump tweet bashing the Pharmaceutical Industry, for example:
Listed below are this week’s trend numbers for the Markets I track:
The following table is based on the Z Option Market Analysis Tool – which determines if a market is trending by assigning a trending score from -3 to +3. This helps us keep our trading with the trend.
| Symbol | Description | Short Term Trend | Medium Term Trend |
| $DJI | Dow Jones Industrial Average | 3 | 3 |
| SPX | S&P 500 INDEX | 3 | 3 |
| RUT | RUSSELL 2000 INDEX | 3 | 3 |
| NDX | NASDAQ-100 INDEX INDEX | 3 | 3 |
| VIX | CBOE MARKET VOLATILITY INDEX | -3 | -3 |
| /ZB[H7] | 30-Year U.S. Treasury Bond Futures,ETH | -3 | -3 |
| /ZN[H7] | 10-Year U.S. Treasury Note Futures,ETH | -3 | -3 |
| /GC[G7] | Gold Futures, ETH | -2 | -3 |
| /CL[H7] | Light Sweet Crude Oil Futures,ETH | 3 | 3 |
| /DX[H7] | US Dollar Index Futures | -3 | -2 |
| $DJT | Dow Jones Transportation Average | 3 | 3 |
| XLK | SELECT SECTOR SPDR TRUST TECHNOLOGY SELECT INDEX | 3 | 3 |
| XLI | SELECT SECTOR SPDR TRUST INDUSTRIAL SELECT INDEX | 3 | 3 |
| XLY | SELECT SECTOR SPDR TRUST CONSUMER DIS SELECT INDEX | 3 | 3 |
| XLB | SELECT SECTOR SPDR TRUST MATERIALS SELECT SEC INDEX | 3 | 3 |
| XLE | SELECT SECTOR SPDR TRUST ENERGY SELECT INDEX | 2 | 3 |
| XLP | SELECT SECTOR SPDR TRUST CONSUMER STAPLES INDEX | 3 | 3 |
| XLV | SELECT SECTOR SPDR TRUST HEALTH CARE SELECT INDEX | -3 | -2 |
| XLU | SELECT SECTOR SPDR TRUST UTILITIES SELECT INDEX | 1 | 3 |
| XLF | SELECT SECTOR SPDR TRUST FINANCIAL SELECT SECTOR FUND | 3 | 3 |
Any market showing a 3 or a -3 is trending strongly – and should be factored into any options strategy you are contemplating.
Everything is working except Bonds, Gold, and Healthcare – so enjoy the ride while it lasts:
Extra -Try to make it thru this without laughing:
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