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…
Wells (WFC) Is this as Far as it Goes?
Wells Fargo (WFC) has been in the news for all the wrong reasons the fast few months. Bazar incentive plans encouraged bank branch employees to create fictitious accounts to meet…
Tesla (TSLA) Earnings Preview
Tesla will be reporting earnings on next week on Wednesday, May 2, 2018, and was the topic of discussion on Options Action today. Investors typically focus on earnings and guidance…
Let’s Talk About the Most Ignored Asset Among Fund Managers… The US Dollar
The US Dollar is a bit of an enigma. There is so much happening in the equity and bond markets the last few years, that nobody pays any attention to…
Crypto Update | Psychology & the Making of a Bottom
Crypto-currencies are back in the news these days. We are certain that some people were getting frustrated and emotionally distraught about the recent and brutal selloff that occurred across the…
Unusual Options Activity | Freeport McMoRan (FCX)
Yesterday, the equity markets fell hard. The S&P500 was down $35.73 points (1.34%). the NASDAQ was down $121.25 points (1.7%), and the DJIA was down $424.56 points (1.74%). The surprise…