Close the NVIDIA (NVDA) Earnings Trade
Time to close the NVIDIA earnings trade. Last Friday, Mike suggested investors take a bullish position on the company's stock ahead of earnings. Interesting how this one played out. The equity…
Oil is Where the Action Is
The stocks of energy (oil & gas) companies are leading the market higher much to the surprise to us and many market observers. The US oil and gas industry is undergoing…
Covered Call Report
Covered call writing is the most common options trading strategies used by individuals and professionals alike. Some people believe it is a low-risk strategy that generates income. We like to…
Buffett & Bitcoins
Over the weekend, Berkshire Hathaway held its annual shareholder's meeting. The Berkshire shareholder meeting is one of the most unique of all time. It is by far the largest shareholder meeting…
The Fed and the Value of the Dollar & Risk Assets
It is the national policy for virtually every centrally planned economy on the planet (which is all of them) to devalue the currency. Economic central planners use currency as a tool…
A Mises Moment | What Determines a Currency Exchange Rate?
On 27-April-2018, we wrote an article about the US Dollar. In that note, we discussed our methodology for analyzing and trading currencies. While we prefer to focus on single stocks,…
Tesla Report Earnings | Musk Says Q’s Are Boring | Stock Tanks
Yesterday after the close, Tesla reported their production and earnings number to the public. We think their production performance was a slight beat relative to expectations. Tesla has consistently over promised…
Apple Does it Again
Apple reported earnings last night and they surprised most everyone on the upside. Expectations came down for all the phone makers in the past month as phone component suppliers reported…
Another Wild Ride | Where to next?
Trading financial assets and commodities are rarely easy. When one fills out their tax forms each year, the government classifies investment gains as "unearned" income. Evidently, nobody in the government…