Today was clearly a risk off day, stocks down, commodities down, bonds up, gold up US$ up… you know the drill despite having done your best to erase those events from your memory since early …
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This morning, Bloomberg reported on short interest in U.S. equity markets reaching levels not seen since 2008, with the suggestion that this could serve as a contrarian set up, quoting Fundstrat Global Advisor’s Thomas Lee, who opined: “There’s …
Continue readingEarlier today I tweeted the following regarding the price action in European bank stocks. Remember, they were very high on the list of issues rattling global markets in January and February: Euro Banks were big …
Continue readingYesterday, while Fed Chairwoman Yellen was in a QE/ZIRP time-warp squeezing U.S. stocks and Treasuries higher on increased Dovishness, I was enjoying this with my family: When I set out for a day of fun in …
Continue readingNOTE: Last night on our sister site, Ticker District contributor Peter Boockvar, Chief Market Analyst for The Lindsey Group, and the Co-CIO of Bookmark Advisors fielded questions from the other contributors, ranging from what kind of volatility we can expect …
Continue readingHeading into the Christmas Holiday week we detailed some portfolio hedge ideas we thought made sense given the uncertainty surrounding the start of 2016 and sell offs we have seen in each of the last …
Continue readingWhen this bull market comes to an end, the immediate cause will not likely be from our shores as was the case in 2000 and 2007. Despite most major equity indices in the U.S. closing at …
Continue readingOn Friday’s Options Action on CNBC we had JPM’s former market strategist Tom Lee, now of FundStrat, who made a very bullish case for a Q4 rally for a whole host of reasons but none bigger …
Continue readingGME has been attempting to hold the $45 support level (from December as well as the rising 200 day moving average). The stock was down 8% on Tuesday after news of Sony’s potential new streaming …
Continue readingGME was a stock that we traded on the short side near the end of 2013, mainly with a technical view that the stock had broken down below important support in the $50-$51 area, so …
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