It’s the end of the year and that always gives rise to reflection. In life we usually look back and look forward. Personally, I like to know where I’ve been. What I’ve done right and, of course, where I’ve stumbled. I look forward because I don’t like to wander blindly and hope for the best. […]
Big Picture: Happy Holidays everyone. As expected, this has been a fairly quiet week in the markets. We’ve seen a little bit of continued strength in U.S. Equities, which makes everyone hoping for a Santa Claus Rally feel good. Long term Treasury Bonds ($TLT) took a little bit of a hit this week, but are […]
As investors move forward into 2015, many of them will make decisions about where to put their money. Some of them might use technical or fundamental information and many will attempt to use some combination. Others will become casualties of the media and actually act on the news. However, what we know is that most […]
Big Picture: Does anybody else have whiplash? Early in the week U.S. Equities were heading lower and then sharply reversed and muscled their way back to the top performing assets on the week. Additionally, $SPY went ex-dividend on Friday so the close price below under-represents the full return. All of the International Equities ETF’s I […]
Big Picture: Last week I mentioned that U.S. Stocks were grinding higher, but other markets around the world were making big moves (generally lower). This week the S&P 500 took a hit and the $VIX surged 78%. The sell off hit both the S&P 500 and the Russell 2000, but the Russell held up better. […]
$IWM December Put Butterfly Update: We had a nice gap lower in the Russell 2000 this morning and that put price right in the middle of the expiration break even points for the December position. In the video below I take a look at an adjustment that cuts the downside risk and closes out part […]