The Federal Reserve just released the Testimony that Fed Chairwoman Yellen will give before Congress today at 10am: Chair #Yellen presents the Monetary Policy Report to the House Financial Services Committee: https://t.co/97iMa8Z1LK — Federal Reserve …
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In late November, heading into what was a near certainty that the U.S. Fed would put an end to their zero interest rate policy in their December FOMC meeting, we decided to put on a trade that …
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I think we can all agree that the main culprit for the 6% decline last week in U.S. equity markets was the decline in China’s currency and the downward volatility in their stock market. What is …
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We’ve had a view for some time that despite some temporary headline driven counter trend moves here or there, the U.S. dollar will remain strong vs other currencies due to the fact that the U.S. …
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On December 1st we got a glimpse at a nice November auto sales print that was inline with expectations. That got us looking at General Motors which had seen a really nice rally from both …
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Last night on CNBC’s Fast Money Carter Worth of Cornerstone Research laid out the case for buying the “Dogs of the Dow”. The strategy entails buying the worst performing stocks in the Dow Jones Industrial …
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In mid October we entered a bearish trade in IWM, the Russell 2000 etf. Here was the original trade and rationale. We recently closed that trade for a small profit and rolled to tighter strikes, …
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The Fed is doing their best to orchestrate a soft landing for their rate lift-off. Yeah, that makes no sense. But I made it up myself and it makes me laugh. The FOMC are quick learners …
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Coming into today, the S&P 500 (SPX) is down 75 basis points on the year, and down 1.8% in the month of December. This morning the futures are bid up 55 basis points, and no matter …
Continue readingAs I write the S&P 500 is down about 40 basis points on the year. A year that saw a bubble inflate and pop in Chinese stocks, the long waited reflation of the U.S. dollar, …
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