Last week on May 2nd I gave my quick take on GS at current levels (read here). Stock continues to act very poorly in a down market like last week, but on a day like …
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As most readers of the his space know I was particularly skeptical of bank stocks heading into earnings season. While most names posted decent results for Q1, the stocks acted, and continue to act horribly, …
Continue readingOn Friday as prior to BAC’s late day collapse, I suggested selling out of the APR Puts that were to expire in a few hours into a May 13/12 Put Spread, which I did for .25 when the stock was above 13.00.
Continue readingOn Friday I posted on VXX, thought VIX at 15 was just stupid, I bought some VERY short dated VXX calls the Apr21 Weekly calls for .37 (actually lower as a I bought them all …
Continue readingWell I got the title of that post From March 28th right! There definitely was some more downside….Market still under-appreciates a whole host of risks (commentary below) in my opinion, and with some of the …
Continue readingThere was a lot of talk in the mainstream financial press over the weekend about the recent rise and fall of the VIX over the last 2 week. To most investors the VIX is just …
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