1,000 Foot View

Posted on: by .

Is the world coming to an end? It would seem so as we watch the market take a nose dive, only to rebound in what seems nothing more than a “dead cat” bounce. So why all the turmoil, volatility, and radical markets? We can certainly try to point our finger at one thing or another Read more…

Market Sell-Off?

Posted on: by .

As expected the market is coming under pressure after the New Year. The problems stem from the underlying weak economy, both domestic and abroad. The economy has never been as strong as some of the headline data would suggest, because of the Federal Reserve interventionist policies have artificially boosted the data. It was always the Read more…

2016 Predictions

Posted on: by .

It is the end of 2015 and we have been in for a wild ride, driven by Fed interventionism and uncertainty. The Fed raised rates to the upper end of their 0 – .25 years long ZERO rate policy. However, the 25bps raise had little effect on bonds or the market in general, yet it Read more…

Easy Money

Posted on: by .

While earnings have been significantly mixed; Walmart, IBM, Chipotle and others getting crushed and Google, Amazon, and others beating – we are seeing huge volatility. There is one common theme that is a little concern, is that the net forecasts and top-line revenue results are weak. Yet, the implied volatility is getting crushed and the Read more…

Shoe Shine Boy?

Posted on: by .

The market fell again and we are now in precarious levels. We are roughly back to the previous lows in which we bounced from, only to revisit them a few short weeks later. The pattern we are experiencing is frequently referred to as a “Dead Cat Bounce”, in which we sold off then bounced, only Read more…

Bear Market?

Posted on: by .

Murphy’s Law struck and of all the days – seriously – it was yesterday in which our open position files from the clearing firm were not updated in the morning (the clearing firm was having problems). I was excited to get into work with the market down significantly, as we were over-hedged in all positions Read more…

Oil Story

Posted on: by .

Perhaps this week the market can take a rest from the volatility that circles our world. What is interesting is the market (fueled by our media) acts surprised by these volatile events, when in reality they are all fairly well known and we should have a level of probable expectations. This is what concerns me Read more…

China’s Yuan

Posted on: by .

The market hit some of those intraday support lows, but what was important was how we closed. We saw volume pick up and a strong rally to get above those key levels and that is a hopeful sign that we could see continued support in here. It is not over yet and I suspect we Read more…

Currency War Heats Up

Posted on: by .

The recent rally had its knees cut out by China’s surprise currency devaluation. The markets gave up all their gains from the previous strong rally and this morning the selling pressure has resumed. Currency War Heats Up The reports coming out of China are confusing to say the least. China’s yuan is pegged to the Read more…

    Older Posts >>