Oil vs Wheels (IYT,USO)

Executive Lounge, Wall Street Elite

Oil vs Wheels (IYT,USO)   It’s the interplay between the following two factors that we’re keeping our eye on these days, the better to apprehend the market’s immediate trajectory: oil and ‘market leaders’.   We’ve discussed this combo before, and how they work together.   The ‘leaders’ are the current sexy tech group, not related […]

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Movie Lover’s Intermission (NFLX,JPM)

Executive Lounge, Wall Street Elite

Movie Lover’s Intermission (NFLX,JPM)   If there’s one thing we’ve come to rely on over the last couple of decades, it’s the resiliency of tech – or at least the resiliency of the tech investor, a love junkie so consumed with his heart’s one desire that he keeps coming back – even after taking repeated […]

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Profit Gobble (NIB,DBC)

Executive Lounge, Wall Street Elite

Profit Gobble (NIB,DBC)   A farmer friend of mine says he wouldn’t be in any other business.  He raises beef cattle, chickens (for eggs) and has a small herd of dairy goats, and he’s convinced that it’s an enterprise that can’t fail, regardless the economic forecast, if things are managed properly.   And we’d agree, […]

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Long Wash Cycle (TLT,SLV,XLB,XLK)

Executive Lounge, Wall Street Elite

Long Wash Cycle (TLT,SLV,XLB,XLK) Intermarket analysis is a helpful tool for the technical trader attempting to anticipate the next big move in the investment universe. What is it, exactly? Well, over time, certain cycles are evidenced in the movement of stocks, bonds, commodities and the dollar, with associated relationships also seen between Emerging Market debt […]

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Economists lower growth forecast for the US, Whirlpool (WHR) take controlling stake in Indesit and Chrysler announces new recall


Bourbon & Bayonets

Markets were heading lower on Friday after news was released that economists have lowered their forecast for U.S. growth for the second-quarter. Growth expectations for the second-quarter were dropped from their previous 3.5% down to 3%, in a report released from the National Association for Business Economics. They have projected the growth for the entire […]

July 11, 2014

Exchange Trade Switch (CBOE)


Bourbon & Bayonets

We’ve been monitoring at the chart of the Chicago Board Options Exchange (CBOE) for a while now and it appears there’s a nice short situation developing. At one time, we loved CBOE stock. But that was well over a year ago when she was trading in the mid-$20s and we believed she’d make a great […]

July 10, 2014

Expedia (EXPE) to buy Wotif, Bed Bath & Beyond announce new buyback program and Archer Daniels Midland (ADM) to buy Wild Flavors.


Bourbon & Bayonets

Markets were heading lower on Monday morning after news was released that Expedia (EXPE) agreed to buy Wotif in a deal that will total $658 million. Expedia is widely known for being a big name in the online vacation booking industry. Wotif.com Holdings Ltd. is an online booking company that specializes in the Asia-Pacific regions […]

July 7, 2014

Trade the Weak Against the Strong (XHB,QQQ)


Executive Lounge, Wall Street Elite

We’re going to continue today with a theme that we’ve been pressing for some time now, but that still deserves some additional elaboration. Believe it: It’s Different this Time Wall Street is nothing if not skeptical. The best of the street’s traders and analysts are doubters nonpareil. Main Street also has its doubters. And it’s […]

July 7, 2014

The Day of Judgment (CP)


Bourbon & Bayonets

There’s no excuse for a lack of courage. Most everything else can be forgiven. Not that. We bring this to you because we believe that in the years ahead, all of us – and we in the West, in particular – are going to be tried and tested in ways we never imagined. The upbringing […]

July 3, 2014