When I first saw the images from Taksim Square on Friday, I didn’t think much of it. Turkey has seen numerous protests for freedom of expression in the past few years, all of which …
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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 …
Continue readingEuropean politicians took their usual place in the headlines this morning, as Angela Merkel visits Greece, and European finance ministers met last night, with no resolution on Spanish aid. Draghi’s pledge to “do whatever it …
Continue readingGreetings from Turkey. I arrived here yesterday. I’ve visited Turkey dozens of times in my life, as most of my family lives here, and I’ve witnessed firsthand its rapid evolution over the past 20 years. …
Continue readingTrade Update June 4th, 2012 at 10:15am: Since entering the C Sept 30/25/20 Put Fly back in late April for .56 when the stock was 33.55, the stock is down 25%. I am now …
Continue reading3rd Trade Update May 18th, 2012 at 12:11am: With Citi down again I am going to close the last qtr of this position for a 2.46 gain…..With the stock at 26.27 I just sold the …
Continue readingTrade Update May 17th, 2012 at 10:22am: Citi is now down 20% since initiating the C July 32/27 Put Spread on Apr 27th for 1.00. I sold 1/2 the position last week at 1.75 for a .75 profit, …
Continue readingTrade Update May 8th, 2012 at 2:45pm: Since initiating the C July 32/27 Put Spread on Apr 27th for 1.00, the stock is down about 7.5%. With the SPX now down about 4.25% from last week’s high …
Continue readingUpdate April 27th, 2012 at 3pm: Please see below under Trade section a second trade structure that is longer duration and almost half the premium of the Put Spread that I bought earlier. Original Post April …
Continue readingCNBC U.S. stock index futures were lower Monday, tracking losses in European shares, after the G20 told Europe over the weekend it must commit mor ecapital to fight the debt crisis before seeking more help. …
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