In the Precious Metals Arena, Choosy Investors Prefer Platinum Trading commodities is a very tricky endeavor on the very best of days. While one can make an attempt to interpret the supply (production, recycling, etc.) …
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Dan teased this post a bit in his MorningWord when he discussed the elevated levels of implied vol and how that makes it difficult to use options to hedge a portfolio in already uncertain times. …
Continue readingXRT was a trade where we had the direction right but not the timing or trade structure. We initiated the trade when we felt the ETF showed signs of waning momentum targeting a pullback to …
Continue readingVolatility ETFs like VXX and XIV are quite popular. But I often wonder whether the people trading them truly understand what they are buying and selling. I’m going to try to explain exactly what’s going …
Continue readingI have no idea why gold goes up or down. I get the reasons and correlations investors believe underlie the shiny metal’s movement, but none of it seems logical to me on fundamental terms so …
Continue readingIt’s fairly indisputable, there is a sort of rolling sell-off going on in prior bull market leaders. All you need to do is look at the recent 15% declines in stocks like Apple (AAPL) and …
Continue readingAt this point, you know the drill. China has been in the midst of epic fiscal and monetary policy for years in an attempt to spur investment, create a wealth effect and attempt to halt their …
Continue readingOn Sunday night, as Chinese equity markets were getting ready to open following the government’s unprecedented moves to stem declines, my focus was on where the Shanghai Composite needed to hold: Shanghai Comp’s 200 day …
Continue readingA little more than a month ago we made a short term at the money bearish trade that financial stocks would demonstrate weakness prior to the March 18th FOMC meeting Here was the trade from …
Continue readingHere is some generally directional, untied options activity that caught my eye during Friday’s trading: 1. SPY – despite closing down nearly 1.5% on the day, the largest trade of the day was a massive bullish roll …
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