Summertime Blues (GS)

Executive Lounge, Wall Street Elite

Summertime Blues (GS)   OK, so it was the Fourth of July, and a lot of folk took leave from the markets, but does that really explain it? We’re talking about a significant decline in trading volume that occurred at the end of last week amidst a market rise that now, on second glance, is […]

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The Denizens of Intelligenz (WWE,GLD,SO,NFLX)

Executive Lounge, Wall Street Elite

The Denizens of Intelligenz (WWE,GLD,SO,NFLX)   By definition, exactly half the population possesses below average intelligence.   And that’s not a comfortable statistic.   So who’s the dumb ones?   Well, it certainly doesn’t break down on socio-economic lines.  Don’t think, for example, you got smarts because you got cash, Giles.  It don’t work that […]

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Behind the Scenes and Under the Radar (SO,NFLX,FXI)

Executive Lounge, Wall Street Elite

Behind the Scenes and Under the Radar (SO,NFLX,FXI)   It’s a political world, friends.  Has been for a while.   Everything that’s done or said or written these days, it seems, is employed to further an agenda.   Truth be damned, is what it’s all about; let ‘the story’ carry the day, whatever it may […]

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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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Horrifying Research Reveals Rally-Ready Market


Bourbon & Bayonets

It’s time again to peer into the darker corners of the equity market, where only the brazen and stout of heart dare to tread. Please do follow along. We’re going to look at three distinct sectors of the market today in an attempt to build a composite picture of where things are headed over the […]

May 15, 2014

A Quick Class on Deep Money Options


Bourbon & Bayonets

A long-time reader wrote us this week questioning one of Hugh’s recent options selections. He wasn’t sure why Hugh, a convinced equity bull, would choose to purchase deep-in-the-money CALLs on the indexes if he was so sure we were headed higher. Specifically, he asked – Why are you going so far out? Do you not […]

May 8, 2014

A FaceBergZucker is Born (FB)


Bourbon & Bayonets

This time we’ve really done it. We’ve gone over the edge altogether. We’ve managed to strap together a suicide belt and an Evel Knievel Snake River Canyon rocket booster and leap from a Cessna with a bottle of Maker’s Mark in one hand and a picture of Lindy Sue in the other. And there’s no […]

May 1, 2014

Choose Life! (MO, XOM, FB)


Bourbon & Bayonets

It’s not a comfortable topic to discuss at the best of times, and certainly not in polite company. But it’s become topical of late and because it has relevance to the world of finance and markets in general we feel it’s worthy of a word here.  The subject is suicide. Yes, friends, suicide. And it’s […]

April 17, 2014