Close a Few Trades
We often let trades work out to expiration as we choose dates consistent with our investment horizon. Sometimes, we choose shorter dates if we are trying to maximize time decay…
eBay: EBAY
Ebay was once a NASDAQ / DotCom darling. That day is past, but that does not mean the company and stock are worth ignoring. This article is for paid members…
Home Builders: XHB
The housing market has been a problem for market observers. Short-term interest rates have risen dramatically. Long-term rates have risen, but not as much. This has brought the sales of…
The Week Ahead | 10/02/2023
The S&P 500, a leading indicator of the health and momentum of the U.S. stock market, is navigating turbulent waters. Recent data reveals an ebbing tide in its profitability, particularly…
McDonalds: MCD
The State of California just passed a law that says any restaurant chain with more than 60 stores must pay a minimum wage of $20 an hour. This article is…
Federal Express: FDX
The overall stock market is getting a bit wobbly. It feels like it is getting peaky. We argue that this is due to higher interest rates. Since the intrinsic value…
Regional Banks: KRE
Not long ago, regional banks like Silicon Valley Bank, First Republic Bank, Signature Bank, and Silvergate, among others, went down the drain. The primary reason was Fed government helicopter cash…
Will the Beauty Last Forever: ULTA
Experience tells us that it rarely, if ever, does. Everything in life is cyclical. Generally, people, government, and businesses are born, grow, peak, and finally decay. This article is for…
The Week Ahead | 09/25/2023
As we approach the upcoming week, it’s crucial to be informed about the significant events that will shape the US economic landscape. The Federal Reserve’s recent decision to maintain policy…
Will the Worm Turn?: SPY, IWM, UST10Yr
The bull market that started at the April 2020 low is running out of steam. This begs the question, is it time for a good old-fashioned bear market that clips…
Honda Motor Corporation: HMC
The big three domestic car companies are in a bind. The government is forcing them to change their product mix. They demand that auto manufacturers drop the internal combustion engine.…
Amazon: AMZN
Amazon is a company that does not need any introduction. I am willing to bet that almost everyone in the US has used their service. In the complex where mark…