Search results

I'm really paying the price for having mismanaged my BRKB long attempts earlier in the year. Its incredible how quickly this thing run up. I'm still long small and short some puts. I plan to continue to short puts and hopefuly will get another shot at getting in long in the future. In this 0%...

also, I covered the SPY short. not going to stay in the way of this market

bought some of the juniors after non-MFG miss. september likely off the table for the Fed

I'm also considering buying some of GDXJ. Its similar idea to GDX, but these are the juniors. They will be even wilder. If gold continues to uptrend and reaches $1500, these things are likely to go up huge

Why not be more aggressive and load up on risk with 70-80% or more of capital? Because risk premiums have been compressed a lot, the combination of valuation (high), sentiment (complacent) and risk factors (Fed removing liquidity, China, EU desistegration) creates a good chance at some point we...

Another strategy worth that I believe fits the current macro landscape well is covered call writing (or its equivalent, put selling with cash to back it up). Its a way to get long exposure while at the same time limiting drawdowns. Yes, it can lose a lot in case stocks fall off a cliff but you...

The only thing that could smack this portfolio hard is if the Fed comes out strong in the hawkish side. In the past I would hedge that out bit with Fed futures but I'm now considering that a hawkish fed could be a good thing. It would throw some sense in the global trend of compressing risk...

In the current enviroment Gold is probably one of the best hedges against US economic weakness and a recession, the Fed has already promised to do more QE and even expand the menu of items that they buy (corp bonds? stocks?). So I believe that in the current macro enviroment it makes sense to be...

So, about that GDX... The idea behind my bullishness on gold has to do with the view that people will be chasing that meal in this period of record Central Bank intervention, global debt (leading to financial repression ala Rogoff Reinhardt), war on cash, etc. The global fiat money experiment...

taking advantage of the pullback to get more exposure. will explain it more later

bought a small position on GDX today

Could there be a tax advantage in doing this? If the interest costs can be deducted but the income from the ETF is considered tax free (because it comes from munis), it might produce a benefit overall when other incomes are factored in (other sources of taxable interest income) I doubt this...

Skynet

Its good for covering expensive shorts. One day less you got to pay interest. In some cases (if the period includes weekends or holidays), it can be several days. Will save shorts $

This is the kinda of shit I see in blatant pump and dumps. They put out a piece of bad news on purpose to create a big dip, trap shorts and while accumulating in the decline. Later they release good news and manufacture a short squeeze

'an order to sell', thats where they are being lawery. Icahn asked Jefferies to shop around (I dont think they would go around using Icahn's name without permission), he probably knew full well that this would leak out. regardless of whether there was an order to execute or not, he wanted to...

For that reason, I'm considering not hedging too much against a fall in assets due Fed hikes. I'm short a little bit of fed futures and SPY but thats it. Just by the fact that I have a lot of cash and low risk bonds, plus all the future income I plan to invest, already makes me a beneficiary of...

Though it wouldn't be fun in the short-term, I'm starting to think that for most people, a fed induced stock and bond market decline is probably the best thing that could happen for investors at this point in time Its extremely worrying the level of financial asset valuations, not only in the...

Carl Icahn doubled down, not on HLF but on market manipulation he said 'I have never given Jefferies an order to sell any of our Herbalife shares.'. He is just being misleading, he obviously ordered them to shop for bids, but just for the price. This after having distorted the FTC statements...

Icahn looking like he wants to jump out of HLF "http://www.wsj.com/articles/carl-icahn-mulled-selling-herbalife-stake-to-group-that-included-bill-ackman-1472198581" Ackman "only signaled willingness to buy a small portion of the stake, one person said." So he covers a bit and gets the confidence...