I did not watch the Republican National Convention live this week. But did cacth some snippets of speeches the following mornings on CNBC, and have read plenty of reaction pieces. My mildly informed take-away is that the event …
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New all time highs in the S&P 500 (SPX) and the Dow Jones Industrial Average (INDU) have done the financial world the pleasure of anointing a whole new generation of market wizards. Myself? I have …
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I wanted to highlight a few interesting reads from the last couple days. I think these are fairly important for U.S. investors looking at the relative strength of U.S. stocks and the yield differential between our …
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Leader of the U.K. Independence Party and guy who led the charge for the Leave vote, Nigel Farage, took his Muppet Show on the road to EU headquarters in Brussels yesterday. Farage agreed to an …
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Our post Brexit investment world feels a lot like the downdraft we saw in early 2016 with currencies and credit showing strains, and the most severe downward pressure on equities and commodities. The options activity in …
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The financial world is picking up the pieces of yesterday’s Brexit vote. The price action in most major risk assets, shows just how much the Leave vote caught market participants off-sides. While it is still not clear …
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Yesterday we looked to fade the European stock rally into what markets (and we) assumed would be a Remain vote in the UK with the use of a calendar put spread in the EuroStoxx 50 …
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Ummm, I suck. Yesterday I started my morning post (Cause I Don’t Want to Be… Anarchy) with a confession, and an apology: Confession: Not for a moment in the last couple months have I seriously considered …
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I have a confession and then an apology to make to RiskReversal readers or those who watch my market commentary on CNBC. First the confession. Not for a moment in the last couple months have …
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Shares of Federal Express (FDX) are down 4.3% today following quarterly results and guidance that disappointed investors as the company failed to inform investors how their recent $4.8 billion acquisitive of TNT will impact earnings …
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