2008 Housing Crash Redux
We have been holding put option positions on XHB for January 2024 $55 strikes for some time now and our strategy with these positions was largely predicated on looking at…
Trade: Buy/Write XOM $105 January 2023
We executed a trade today we hope will be highly profitable. We purchased XOM at $103ish and sold the January 20 2023 $105 strikes for $4.00. Our hope is to…
Update On SPY, QQQ, XHB Chart Crashes
We’ve been plotting the progress of the slow motion crashes in SPY, QQQ and XHB for some time now. It is a bit eerie how the charts tend to follow…
Portfolio Update
On Thursday, the market cheered the 7.7 percent inflation rate announcement and we took the opportunity to sell positions that were profitable. What did we sell? We sold our positions…
BLS: Inflation at 7.7 Percent
The BLS released October inflation report and the market is cheering 7.7 percent inflation. We took the opportunity to sell into this rally so we’ll be updating our portfolio positions…
New Positions: BBN & NEA
While we’ve been buying and laddering T-Bills for some time now, it’s time to add some different bonds with potential for growth. We added small positions in BBN and NEA…
Future Trade: TLT
When investing, the key is to look at assets that are undervalued and have a path to increase in value at some point in the future. There has been interesting…
Future Trade: EWJ
As we prepare for another potential rate hike from the Federal Reserve in December, we are also looking ahead into 2023 and possible future trades. We have been researching the…
We Are Getting Close To Panic
It’s been a brutal earnings week, Meta and Amazon have dropped 15% to 20% today but they weren’t the only ones. It’s time to review the Wall Street Cheat Sheet:…
What About Canadian Oil & Gas Companies?
We try to find investment opportunities wherever we can and while we feel the overall stock market will decline over the next 15 months there is periodic opportunity to trade…