A year ago yesterday, the People’s Bank of China (PBOC) devalued their currency in dramatic fashion in reaction to deteriorating export data. The unexpected policy move was a spark that lit the global risk asset bonfire …
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First things first, a heartfelt shout out to all of those currently serving in the armed forces, all of those who have served and specifically to those close to us who have sacrificed in defense …
Continue readingWe know from history that on-the-line ad rates can be a quickly withering thing in economic downturns. While people don’t surf the world wide web less during economic and/or financial market shocks (which is what …
Continue readingThe People’s Bank of China (PBOC) ain’t messing around. Overnight they cut short term interest rates for the third time since November as they battle an economic slowdown that threatens their 7% GDP “target”. This morning, …
Continue readingOver the last couple months we have detailed a handful of different AAPL trades all with any eye towards last night’s fiscal Q4 results serving as a catalyst. We have traded some of them, …
Continue readingAfter AAPL dipped following its Sept 10th iPhone event we took a shot on the stock with an eye towards it moving back towards the psychological $500 level prior to its fiscal Q4 earnings. Until …
Continue readingOn Tuesday Sept 10th at 1pm eastern, AAPL is holding a media event at the headquarters in California where it is widely believed they will introduce 2 fairly evolutionary iPhones running the new iOS that …
Continue readingWhy should China be the single largest concern for AAPL shareholders? Because they are currently losing in the second largest economy in the world with the fastest growing middle class population. A couple weeks back …
Continue readingReuters U.S. stock index futures traded lower on Monday after last week’s much weaker-than-expected report on U.S. job creation for March. U.S. non-farm payrolls grew by 120,000 last month, far below the forecast gain of …
Continue readingFutures are down this morning as a couple of warning signs emerge out of Europe and Asia this morning. China announced a lower growth target for the next year and Europe reported slower manufacturing output. …
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