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That might be your issue. Most people are lured in by the prospect of hitting the home run ball into the river. They see someone that put up 17 cents and two days later sold for $300 or whatever. While sexy and a really cool story, that's not how you make money long term in options. The...

I've seen lots of frothiness over the decades to both sides. Watching the S&P the last few weeks, the downward move feels quite orderly to me. Obviously - uncertainty over Ukraine and how much we get from the Fed over the next year is weighing...but it seems like a lack of buying as opposed to...

I would agree. Much like larger pieces of society, there has been a shift in the collective desire to share and collaborate online among strangers. While we still have some great posters and contributors today, many more valuable contributors have ceased coming around on a regular basis or...

Chris Hanson? I've seen that guy on TV. It's a trap!

I had a Civic Hybrid about 15 years ago. With a 70K mile warranty, the battery failed about half way to that mark. The dealer agreed the battery was dead but said they would not replace it. "But wait... the warranty" I said. Honda said that corporate was not replacing them because so many had...

It did feel like they were pushing crypto kinda hard. And the EVs. I'm anxious to see if people are actually going to buy the EVs. I think it's a huge mistake for auto makers to pour so much into them before knowing if there's even that much of a market for them. I've talked to auto shop...

There are also lots of additional areas where inflation has occurred but isn't being measured or captured. While the gov't can monitor reduced product sizing, add-on fees and excessive charges and fees for "mandatory options" in many industries are not part of the calculation. Not long ago I...

The fact that they gave Krugman a Nobel was the end of the modern notion that the award has any credibility remaining.

Apparently you missed the funny part of your post. Sure the media wants clicks and views and they will highlight the most sensational instance of any event to achieve that. I have spent far more time in the actual, real world (in the US) dealing with every socioeconomic class of people in lots...

That's the funniest thing I've read in a while. Keep telling yourself that.

Bullard has always been a bit of a hawk. The part that made news IMO was him saying 100bp by July and yet there are only THREE meetings in that span. Lots of folks felt like it was going to be .25 every meeting. Suddenly we had a math problem if his comment holds true. Either one of the...

I've always heard the saying that "the retailers open the market and the pro's close it". I think there are two issues contributing here. Retailers are less likely to trade in the extended hour sessions. They've been pouring over their voodoo overnight and are anxious to get their trades on...

Well the big oil companies said they weren't pouring profits into exploration and drilling because the gov't is pushing hard for everyone to buy electric vehicles. They are giving lots of incentives to the consumers and companies to avoid gas powered cars...so they aren't going to stockpile oil...

I hear ya. For me, the biggest part is learning about myself. I read all these stories about the Gamestop kids and all these others over the years that hit massive home runs...turning $20 into $3M or whatever. I could never do it. When the $20 gets to $150 I sell because I can't believe I...

It's all politics now. Everything depends on who said/did something and who they are politically and if the regulators are from the same party or not. Only the most very egregious stuff is prosecuted by the same party.

You guys are hilarious. Like when we were in the middle of the 2007 meltdown and the S&P had been cut in half to around 700 and Bush left and Obama was sworn in. A few years later Obama bragged about how he made the stock market double. I'll tell you what I'm going to do for you guys. Over...

Shocking NFP numbers. I thought we were certain to be negative. Even more shocking were the prior month revisions upward. I agree with Steve Leisman when he stated on CNBC that the BLS folks don't know what they are doing these days.

Some good news from FB though, in the metaverse the stock is up today and everything is wonderful.

The ADP number was -300K this AM after expecting a positive number. There's some speculation the Friday non-farm payroll number could be negative also. A bit of a shock, but how does the market react? Given potential rate hikes coming, crappy news could be good for fewer hikes in 2022. All...

I was reading through summaries of Exxon and Chevron earnings reports in the last few days. Both companies indicated they would normally pour the tens of billions in 2021 profit back into exploration and drilling and affiliated capex efforts, but not this time. They are significantly cutting...