You’ve heard it here before, if you are looking at the VIX to identify perceived risk to the historic gains over the last seven years in U.S. equities, you are likely looking at the wrong thing. …
Continue readingBrazil
The term “investment bubble” has different connotations to different people. Those with cash to invest in known bubbles welcome them, as there are few investment environments that offer the potential of asymmetric short term returns …
Continue reading
Shares of Whirlpool (WHR) are down 7% in the pre-market, The home appliance maker cut its full year earnings guidance to $9 to $10 a share vs $10.75 consensus, representing an 11% haircut. WHR gets …
Continue reading
Bubble is a term that market pundits just can’t help themselves from saying whenever markets make new all time highs. A year ago, when the S&P 500 was at a new all time (14% lower …
Continue reading
I generally like to keep out of other people’s business, especially when it comes to money. While I speak and write daily about the markets/investing/trading I do not consider such punditry as advice, merely informed …
Continue reading
In the past week, since the better than expected jobs data, the VIX has risen 70%. Yesterday it closed above 20 for the first time since October 20th (when the SPX was more than 100 …
Continue reading
Despite Herbailfe (HLF) being cut in half in 2014, losing more than $3 billion in market cap from the all time highs made in January, the story is far from over. Today we should be …
Continue reading
When this bull market comes to an end, the immediate cause will not likely be from our shores as was the case in 2000 and 2007. Despite most major equity indices in the U.S. closing at …
Continue reading
Whirlpool’s corporate results over the past 5 years are a microcosm of corporate America for a modern industrial company. Whirlpool grew sales 10% from 2009 to 2013, but earnings have more than doubled in that …
Continue reading
NKE has rallied strongly with the broader market since we put on the Mar 72.5/77.5 call spread last week. The stock is now approaching the critical $75 resistance level (traded $74.81 this morning): The $75 …
Continue reading