22 June 2017: Amazon

The Amazon River is the largest river (by discharge volume of water) in the world. It won’t be long until the Amazon Dotcom is the largest company in the world. Last week, Amazon frightened the daylights out of competitors like Ahold Delhaize, Target, Wal-Mart, and Kroger after its acquisition of Whole Foods. And the announcement of Nike that is going to sell directly via Amazon put pressure on stocks of sportswear and footwear retailers such as FootLocker (shares of Footlocker closed down 5% yesterday).
Although Amazon has been making a profit since 2016, the company is for the main part spending its cash on acquisitions and the development of new products which strengthen the relationship (dependency?) between Amazon and its costumers. Amazon has come up with innovations which keep the customer totally unaware of the ordering of products: he will find a fresh package of toilet paper on his doorstep before even reaching the final sheet in his bathroom. Jeff Bezos, the founder and CEO of Amazon, has a keen eye on how technology can be used to reach the highest degree of convenience for Amazon’s customers. Undoubtedly, Amazon will overtake Apple, Alphabet and Microsoft as the biggest company in the world in terms of market capitalization.

white-chapel-logo-smallYesterday, losses in the energy sector still weighed: the S&P 500 (-0.06%) and Dow (-0,27%) ended slightly lower. The NASDAQ was the odd one out and added 0.74%. Volatility was directionless for most of the day. The VIX closed slightly down: -1.01%. XIV ETNs recovered some of Tuesday’s losses: +0.91%. UVXY ETFs closed 2.10% lower.
All of our models are holding XIV ETNs. Danny Daredevil‘s RSS rose to 339%. Adventurous Anny saw her return since the start rise to almost 39%. The RSS of Solid Suzy and Lazy Larry is back above 25%.
None of our models gave a trading signal at the end of yesterday’s session.

Model Holds Start date

RSS

YTD

QTD

AAR

Danny Daredevil XIV 1 January 2016

339.05%

8.92%

-6.34%

173%

Adventurous Anny XIV 6 March 2017

38.69%

38.69%

13.88%

202%

Solid Suzy XIV 6 March 2017

25.16%

25.16%

14.28%

114%

Lazy Larry
XIV 6 March 2017

25.16%

25.16%

14.28%

114%

RSS = Return Since Start | YTD = Year-To-Date | QTD = Quarter-To-Date | AAR = Average Annual Return

 

 

The Dutch love to eat fish. Traditionally a country of farmers and fishermen, the Netherlands offers a wide variety of delicious, fresh fish from the IJsselmeer (eel), the Zeeland waters (mussels and oysters) and the North Sea (brill, lemon sole, whiting, turbot, dab, haddock, cod and tub gurnard). Popular fish-based snacks are kibbeling and lekkerbekje (deep-fried battered fish) and smoked eel or mackerel on bread. But most of all, the Dutch are fond of their nieuwe haring (new herring). Every year from mid-May to mid-July, the new herring of the fishing season is caught. Locally known and referred to as ‘Hollandse Nieuwe’ (Holland’s new herring), the eating of raw herring is a tradition which goes back over 600 years.
There are several ways to eat your ‘Hollandse Nieuwe’. No matter where you order it, be it at a fish stand in the street, or at a fish store, you will be asked: “In stukjes gesneden?” (“Chopped?”) and: “Met uitjes?” (“With onions?”) According to René, the best way to eat a real fresh herring is to have it not chopped and without onions. Holding the fish by its tail and letting the slippery raw fish slide into your mouth, delivers a taste sensation that even oysters and caviar will have a hard time to match.

Picture by Takeaway under the Creative Commons CC BY-SA 4.0 license.