Ben’s got POMO Fever, Tim’s got POMO Fever They’ve got POMO fever, what a scam Ben’s gone buying crazy, Tim’s budget plan is hazy Debasing Dollars baby, that’s the plan! Actually, what this whole thing reminds me of it more...
Read MoreToday’s tickers: VIA B, BJ, MRK, EEM, PETM & C VIA B – Viacom, Inc. Class B – Options on the global entertainment content company are active ahead of the release of the firm’s third-quarter earnings report before the...
Read MoreWelcome to Wednesday. Yesterday, we got out of a number of positions and still have some open. We exited SOLF out of the gate for an 11% gain on our last portion of that position, which led us to an overall gain close to 9%. We...
Read MoreWheeeeeee! That was some exciting stuff yesterday wasn’t it? The Dow gained 0.58% and the Nasdaq climbed another 0.44% – IN EUROS. As said at the top of yesterday’s post, the dollar’s move is the true story of the markets...
Read MoreI’m deeply concerned about the Federal Reserve’s plans to buy up anywhere from $600 billion to as much as $1 trillion of government securities. The technical term for it is “quantitative easing.” It means our government is...
Read MoreToday’s tickers: NEM, CALM, XRX, MCD, AEIS & JNPR NEM – Newmont Mining Corp. – The gold producer’s shares started strong this morning, but earlier gains quickly gave way to losses and shares are currently down 3.00%...
Read MoreTo start the day, we are going to be exiting at least one maybe two or three positions. We will start with our Midterm Trade in Solarfun Power Holdings (SOLF). The company reported an EPS of 0.69 vs. the expected 0.49. The...
Read MoreThe Dollar fell from 77.515 at 3:15 yesterday to 76.835 at 7:30 this morning. That, my friends, is the story of the markets. A 0.9% drop in the Dollar overnight is a huge move, something that once upon a time would have made...
Read MoreThan you Mr. Zoellick! It’s been a long time (March 2009) since we’ve been on the gold bandwagon, when I said to Members: “I still think we should get a correction in gold back to $875 (no longer $850 as the trendline has...
Read MoreToday’s tickers: LVS, JPM, WNR, PFE, SLW, PCLN & XLK LVS – Las Vegas Sands Corp. – Options strategists are initiating trades on the operator of casino resorts that suggest LVS shares could pull back further off recent...
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