Hello readers, I apologize for missing the last few days. I have been really busy with some other projects. So, to make it up to you, I have three picks for today. I will be doing a Buy Pick of the Day, a Long Play, and an...
Read More“If the US were a corporation, it would have bonds that are junk rated.” That’s the word from Marc Faber but, then again, his column is called the “Gloom, Boom, Doom Report” so he is very much talking...
Read MoreToday’s tickers: BAC, PBR, F, FXI, NXY, KFT, DELL & HPQ BAC – Bank of America Corp. – Bearish option traders purchased put options on Bank of America today with shares of the firm trading 3% lower to $14.52. The number of...
Read MoreI’m done with Greece. I was getting sick of it last week and now I’m really done after doing some research: First of all, Greece’s deficit (as we discussed last week) is a shocking 12% of their GDP and their national debt is...
Read MoreThat’s right, I said WIMPS! I have never heard so much whining and crying and complaining about a market drop as I have the past few weeks. Last week, I pointed out that we had only fallen 105 points from the prior week...
Read MoreOption Sage submits: I saw an infomercial from Fisher Investments where Ken Fisher mentioned 3 attributes that he believes are keys to successful investing which can be crudely summarized as follows: [1] Focus on long-term...
Read MoreToday’s tickers: FNM, EWZ, IYR, GILD, FXI, WLP, EEM, ARG, DWA & WMB FNM – Fannie Mae – Mortgage-financer, familiarly known as Fannie Mae, jumped onto our ‘most active by options volume’ market scanner after one investor...
Read MoreIt was September 15th, 2008 when Lehman announced they would file Chapter 11. Lehman had already lost half their value in one day on September 9th as the government failed to step in and assist them. Whether they were solvent...
Read MoreToday’s tickers: EWZ, CVX, WFC, GFI, SU, MA, ZION, DAL, AMAG & JWN EWZ – iShares MSCI Brazil Index ETF – An iron condor options strategy employed in the February contract on the EWZ implies one investor expects the...
Read MoreGreece is the word these days. We are getting a sell-off every morning as Europe goes through the daily ritual of waking up and seeing the cost of default protection rise and rise. This morning Greece is with STUPID (Spain,...
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