I am writing this from an airport in Maine, about to board a Delta flight to New York City, about 500 miles away. To say that I want to stay would be an understatement but …
Continue readingUkraine
The move in bonds has surprised many investors of late. In the face of the impending end of the Federal Reserve’s Quantitative Easing policy that has been in place since the end of 2008, many would …
Continue reading
Priceline has been one of the bull market leaders of the past 5 years, which I detailed in a February earnings preview: PCLN has gone up almost twenty-fold in the past 5 years, going from …
Continue reading
If only on a small scale, this week saw the re-introduction of a little fear in the markets as Iraq is back in the news with the Sunni group ISIS overrunning the Iraqi Army in …
Continue reading
On the macro front Iraq is being plagued by a budding civil war, oil prices are higher, and volatility increased just a touch this week, though not much by historical standards (see yesterday’s post). The …
Continue reading
Earlier today, we closed our bullish play on Russian equities into the Crimea vote with RSX calls for a gain. The idea was that the news was already known to some extent and we doubted that …
Continue reading
On Friday we thought that sentiment towards Russian equities got a tad too pessimistic heading into the the weekend referendum on Crimea’s future. We wanted to play from the long side, but with defined risk. …
Continue reading
The situation in Ukraine is likely to get some clarity after Sunday’s referendum vote by the voters of Crimea as to whether they want to be annexed by Russia. Russian equities have been the hardest …
Continue reading
On Friday we highlighted JPM’s failed technical breakout at the prior highs, how cheap options were in the stock for those looking to make a directional play and the potential for volatility in the coming …
Continue reading
Yesterday we laid out the case (below) for a potential trade in XLE, though we decided to wait until this morning rather than rush a trade into the close. This morning, WTI crude oil is …
Continue reading