Friday, September 20, 2024
A lower than expected CPI number sent stock soaring last week. The SPDR S&P 500 ETF (SPY) jumped 5.5% on the day of the release. Moreover, what looks like a massive covered call trade on SPY also occurred on the day, which may imply the index could climb as high as $420 in the next […]
If you think that last week’s inflation numbers would cause the Fed to pivot, I have a bridge conveniently located in lower Manhattan that offers easy access to Brooklyn available for immediate sale. You could make millions charging other people big bucks to use your new bridge and recoup your costs in no time. Yes, […]
There was a recent major development that many investors have almost completely ignored: the U.S. government is getting into the domestic mining and battery industries. As part of the Inflation Reduction Act (IRA), the Department of Energy handed several companies big lumps of cash in mid-October, ranging from $50 million to $316 million, adding up […]
Russia’s invasion of Ukraine massively disrupted the European energy scene. The crisis revealed what I believe will be the energy story for the next decades: liquefied natural gas (LNG) is the fuel source to power the globe. A recent report from Texans for Natural Gas highlights how the LNG market has shifted dramatically in response […]
The collapse in cryptocurrencies (brought about by the insolvency of FTX) spilled over into equities markets last week. Bears are betting that Coinbase (COIN) is going to succumb to the downside pressure as well. While the FTX news was being digested by the market, traders purchased a large amount of puts in COIN, possibly expecting […]
In late 2021, when it became apparent that inflation would stay persistent and increasing, I started to get a lot of questions about where to invest. When inflation rears its ugly head, there is no magic list of investments that help you beat inflation all of the time. While it would be good if there […]
There is no doubt that semiconductor stocks have underperformed the overall stock market. Since early October, the S&P 500 Index ETF (SPY) has outpaced the Semiconductor Index ETF (SOXX) by 26%. A big reason for this was because several large consumer-facing companies found themselves with too much inventory. Companies that make electronic consumer goods, such […]
I’m looking at the chart of a commodity that’s been beaten down for almost 15 years. However… The tide has turned… and the chart shows it’s starting to turn upwards potentially signaling a new bull market. If that’s the case, it could be one of the biggest investment opportunities of the 2020s. Every week, I […]
Embattled workout equipment maker Peloton (PTON) posted poor earnings last week, but the stock rallied anyways. While the company was way off on earnings for the quarter, management does expect the business to return to profitability next year. Perhaps that’s why several thousands of put contracts were sold after the earnings release. Investors may be […]
I read SEC filings like my daughter watches bad television. That is to say, I read them often and enjoy doing so, even if no one else understands why I take so much pleasure in them. I read the quarterly and annual reports of companies in which I have an interest every quarter, and I […]
