The Week Ahead | 11/23/2020
As we start the 2020 version of Thanksgiving Week Ahead. I want to consider what I am thankful for. As always, I am thankful for the health and safety of…
XRT: Is Retail Dead?
The gang on Options Action took a swing at retail stocks on Friday, 20-November 2020. We think retail has been a bit of a mystery sector even as it is…
Historical Returns by Asset Class (1985-2020)
One of the truths I teach students is that the asset class that does the best this year is very likely to underperform next year. So, do not chase performance.…
The US Savings Bond Scam
Very insightful commentary has been made of late, much of it by fellows or fellow travelers of the Mises Institute, regarding the effects that monetary policy is having upon the…
CVS: CVS Health Corporation
CVS Pharmacies are stores that many of us know and use regularly. However, CVS Health Corporation is much more than 9900 retail pharmacies and 1100 MinuteClinic locations. This article is…
New Debt Added vs. Precious Metals Production
Everything is cyclical. The economy, social attitudes & norms, you name it. With this in mind, we rarely make any long-term projections because once one believes a trend is firmly…
NKE: Nike
One leg of a Nike trade is coming due this week. In yesterday's note, we suggested how one might manage that trade for those who want to stick with it.…
Options Expiration
Standard monthly options are set to expire this Friday. We have 18 open trade suggestions with at least one leg of the trade structure coming due at the end of…
The Week Ahead | 11/16/2020
As earning season is winding down, this week we have a normal economic calendar. Housing data and retail sales remain strong while jobless claims and industrial production remain important to…
Tech’s Bizarre Beginnings & Lucrative Pivots
When you’re building something great, things are bound to get messy. As many as 80-90% of startups fold and those left standing also fail, repeatedly. Rarely does a business take a…
The Fed’s Balance Sheet May Be Headed to $40–$50 Trillion
President Trump has said often that he had “created the greatest economy the world has ever seen until the China virus came.” Maybe some people believe that, but if the…
Lockdowns Haven’t Brought down Covid Mortality. But They Have Killed Millions of Jobs.
During the early onset of covid-19 in the spring, government officials across the political spectrum widely agreed that government intervention and forced closure of many businesses was necessary to protect…