Honor the Discipline!
Last week, I mentioned I made a QQQQ purchase ("toe in the water"); I also suggested that "since its now almost in the...
An Explanation of VIX Options
I’ve been discussing the VIX as a proxy for market volatility, and as a hedge against a crash. Some people have complained that the...
Stock Prices Adjusted for Inflation
In the 100-year Dow Chart post yesterday, the following issue was raised in comments: It would be nice to see your "100 Year Chart ,...
Read it here first: the 100-year Dow Chart
Barron’s Up & Down Wall Street column runs one of our favorite long term looks at the markets over the past 100 years, below....
Trading versus Investing
A few readers asked about the earlier trade I mentioned, and what it means to my longer term views, now that most major indices are...
VIX hits 3 year highs
The VIX is now over $20, a level not seen since 2003. I have sold some of my SPY Puts just as a function of their gains; I still have a...
How Long Do These Selloffs Last?
Its always dangerous to try and guess precisely when a selloff such as this one — a Selling Stampede in the words of Raymond...
Chart of the Week: Global Prices Total Return by Region
Interesting look at the returns by region Nikko Citigroup Japan: TOTAL RETURN PRICE TRENDS BY REGION (AGAINST GLOBAL PRICES)click...
Is Willful Ignorance an Investment Strategy?
Every now and again, someone who’s opinion’s I respect will write something just beyond the pale. I guess its a risk factor...
Bounce, Test, Bounce . . .
I laid out a probable course of events for the markets on May 18, and the markets appear (at least so far) to be cooperating with that...