Happy New Year
2018 has come to a close and it was a year of ups, downs, joy, sadness, challenges, successes and disappointment, not to mention chaos. We are optimists here at the…
The Week Ahead | 12/31/2018
Global Spotlight Goodwill Gestures Ahead of Trade Negotiations. With one-third of the 90-day negotiation window already complete, China kept reminding the United States that it is making concerted efforts to address…
Disney (DIS): Still a “Mickey Mouse” Stock?
Last Friday, the panel on CNBC's Options Action took a look at Disney, the giant entertainment company everyone knows and loves. Carter Braxton Worth focused on the company's share price…
When Will We Hit Rock Bottom?
We are beginning to think it will be in January with an outside chance the mayhem continues until Early February. Equity markets have turned to from relentless selling to horrific back and…
Oil: The Market that Surprised us the Most
As any trading year comes to an end, we like to reflect on what we got right, we got wrong and what caught us by surprise. We thought for most…
Money-Supply Growth Falls to 9-Month Low as Mortgage Rates Rise
Money supply growth slowed in November, falling to the lowest rate recorded since February of this year. Overall, money-supply growth remains well below the growth rates experienced from 2009 to…
The Myth of the Neutral Interest Rate
In his speech to the Economic Club of New York on November 28, 2018, the Federal Reserve Board Chairman Jerome Powell said that the US central bank’s policy interest rate…
Santa Didn’t Save Us
We have taken a step back to have a good hard think about the "WTH" is happening in the financial markets over the past few months. Those that follow our…
Close TESLA Bearish Position Today
On November 20 we suggested investors take a bearish stance on TSLA has it had traded up towards the higher end of its historical valuation. With the recent selloff, it…
It’s Fed Day Today
The Federal Reserve Board will wrap up their discussion on interest rates this afternoon. The consensus view is that they will raise the target Federal Funds rate by 0.25%. This article…
The Week Ahead | 12/17/2018
Global Spotlight One Brexit Battle Down, Many More to Come. British Prime Minister Theresa May is now safe from her fellow Tories for at least one year after surviving a no-confidence…
Natural Gas… The Grand Disappointment
Natural gas started off the heating season with a pretty good rally. As we showed in previous posts, the fundamental supported that rally. The volume of natural gas held in storage…