Follow the Leader (HYG, FB)

Executive Lounge, Wall Street Elite

We’ve got a hoard of trades to run down today, as last Friday’s options expiry ushered in a bevy of new results.  We start with our HYG trade from October. Sharpen your pencils and take out a fresh sheet of paper, ‘cause here we go… On the 27th of October we wrote a letter called […]

March 25, 2015

Jobless claims down, Exxon Mobil (XOM) shares down on dropping oil prices and Aston Martin to place recall

Bourbon & Bayonets

Markets closed flat after a short trading session on Christmas Eve. There was an unexpected drop in unemployment claims last week. The Labor Department announced that people filing for unemployment benefits fell 9,000 to a seasonally adjusted 280,000. This is the lowest rate in seven-weeks for unemployment claims. Chris Rupkey, chief financial economist with MUFG […]

December 24, 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