Our worst trade of 2014 was trying to pick a bottom late last summer in the USO (the U.S. oil fund etf) when Crude Oil had just broken $100 on the downside (here, but only …
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The jury is still out on whether the collapse in oil prices that started in mid 2014 has actually had a net benefit to the global economy as it’s still possible the crash preceded what …
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As a part-time financial pundit, I have so much to say, and usually such little incentive to say it outside of the pages of RiskReversal and the TickerDistrict. For the most part, viewers of CNBC …
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To state the obvious, Airline stocks have been the clear winner in the game of stock market roulette during this decline in oil. Stocks like AAL, DAL & UAL have risen 50% since their October Ebola lows. In hindsight, …
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Regular readers know that I am reluctant to make sweeping generalizations when it comes to macro issues. I read a lot about the prevailing macro themes, but place very few trades using them as the primary …
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Despite the fact that it seems like the entire Middle East is burning at the moment, WTI crude oil, which had broken out above $105 in June after two prior attempts, has since declined 10% …
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White House officials indicated last night that President Obama is set to announce Janet Yellen as the new Federal Reserve Chairman nominee. She is expected to be confirmed in the Senate. Markets took on a …
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Asset prices for the most part are little changed from where they were as U.S. traders left their desks yesterday. Not much progress on the U.S. political negotiations, which continue to dominate the headlines. Asian …
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John Boehner made clear over the weekend that a clean debt limit bill would not be brought in the House. As a result, the market awaits further negotiations around the government shutdown and the debt …
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Stocks in all regions were broadly higher overnight, while commodities and bonds were generally under pressure. Strong U.S. close carried over to Asian equity markets – Japan and India led the way, up 1.5 and 2.5% …
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