Trade Update May 31, 2013: My FXC June 97 puts have more than doubled since I initiated this trade 2 weeks ago. The downtrend has stalled a bit this week, and though I think it …
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I posted my long-form thoughts on the dollar in my macro wrap yesterday. I cited 3 key reasons why I expected dollar strength: Rates Have Converged to 0. Would you rather earn 3-4% with your …
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Public and Private Pension Funds own about 16% of the publicly held companies in the U.S. Compare that to 3% for hedge funds as a whole. Here’s the chart from GS Research, courtesy of Sam …
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The SPX index is only 15 points from all-time highs, and only down 0.4% this week, but the deterioration in the underlying breadth has been unmistakeable. Here is the total number of new 52 week …
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One of my favorite blogs on the web (and I follow dozens) is that of Cam Hui, an investment manager in Canada who writes at the HumbleStudentoftheMarkets blog. Cam has written another timely post this …
Continue readingI initiated a range trade on STZ on January 8th ahead of its earnings report. I ended up with much more than I bargained for when I got into this position. Check out the 17 …
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I laid out my thoughts on STZ in my earnings preview earlier today (included below). Given the high level of implied volatility, and my lack of directional bias, I basically just want to sell volatility …
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Event: STZ reports its calendar Q4 earnings Wednesday before the open. The options market is implying about a 7% move post-earnings, which is slightly low relative to both the 4 qtr avg move of about 11%, …
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Today is Canadian Thanksgiving. Our neighbors to the north celebrate the day of thanks a month and a half before us, on the same day that we celebrate Columbus Day. I traded Canadian derivatives for …
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MorningWord 8/8/12: Since the “Draghi Whatever it Takes” bottom on July 26th, the DAX is up more than 10%, the SPX up 4.7% and the Shanghai Comp 2%. With much focus of late on the …
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