Well, I honestly don’t have much of an opinion about crypto either way, but frankly, I’d be concerned at this point……………I offer you this news item: Actresses Gwyneth Paltrow, Reese Witherspoon and Mila Kuni…
FEEDLet’s talk about the bond market and yields. We will kick off with the number one guy in fixed income at the investment giant Charles Schwab. Only the Lord knows how much this guy is paid, so he must be brilliant. Let’s see what he was …
Inflation, a Hawkish Fed, Spiking Bond Yields, War, China and Acute Instability. Where to begin? When it appeared less likely the War was spiraling out of control, it was time to squeeze the shorts and force an unwind of bearish derivative positions. Longer-term developments – including a momentous reshaping of the “world order” – are essentially irrelevant to stocks.
FEEDDuring the preposterous run-up in prices that terminated on March 29th, one of the first sectors I wanted to re-short was semiconductors. I got puts on AMD (July $130) and NVDA (July $300). How pleased I was yesterday morning to see Jim “I…
One of our favorite bearish sectors keeps on keeping on. Huzzah!
Having a beer can be dirt cheap or extra expensive – depending on what city you are in when the thirst for a cold one strikes. According to data by Numbeo, Middle Eastern and Scandinavian locations rank among the world’s priciest. Here, a large beer in…
On February 28, Ukrainian President Zelenskyy signed an official request for his country to join the EU. In light of the Russian invasion, Zelenskyy asked for immediate Ukrainian membership of the EU, proposing this be done under “a new special procedu…
April Fool.
That would be me.
Here’s the chart of the overnight and pre market S&P futures, 5 minute bars.
And here we have our usual look at the one hour bars. Talk about riding a trendline! What happens next, I haven’t a cl…
As for our central banks’ defaulting on their lines of credit with the Martian Central Bank–that’s another alien intervention we’ll live to regret.
That’s it, ladies and gentlemen (oh, I mean, “friends” and “dreamers of all ages“). The first quarter is complete. Here are some major ETFs displayed as quarterly bars, with a few remarks in the caption area.