How Human Action and Human Values Determine Prices
Why do individuals pay much higher prices for some goods versus other goods? The common reply to this is the law of supply and demand. What is behind this law?…
Reflections
2019 is close to 1/3rd complete and the equity markets seem to be at an interesting juncture. The swift and brutal selloff in Q4-2018 caught most investors by surprise, ourselves…
CMG Trade Management & Update
Just a few weeks ago back on March 30, we discussed the investment merits of Chipotle Mexican Grill (CMG). Mike noted that the options were expensive as was the stock.…
Update | Options Expiration
Standard monthly options will expire at the end of the week. We have 6 open positions which are a little more than normal as we were trying to be patient to…
REITs | Trade Strategy… Mean Reversion or Trend Following?
Carter Braxton Worth took a stab at the Real Estate Sector on Options Action last Friday. He and Mike pointed out a few interesting tidbits that are worth discussing. We…
Spring Time at Home Depot (HD)
Its that time of year. Homeowners are starting the process of fixing up their house and gardens. That means people will be buying lumber, drywall, appliances, plants, outdoor furniture, etc.…
Netflix Update
Back on March 6, we discussed the investment merits of Netflix (NFLX). In that note, we suggested that the stock that could once do no wrong is a company about…
ATT, Give Me a Call!
ATT (T), Ma Bell, the enterprise where telecommunications all started and the original telephone company to bring telephony services to people everywhere. ATT has grown massively from a small monopoly carrier…
Dude… Can You Give Me a Lyft?
Lyft, Inc. (LYFT) became a publicly held company on March 29. The IPO price was $72 a share which gave the company a market capitalization of about $24.3 billion dollars.…
China “A” Shares
Back on 27-Feb-2019, we discussed the Chinese stock market. At that time, we went from neutral to bullish on Chinese equities. This was clearly a contrarian position as their stock…