Sunday, May 20th, 2012

Dude, this deflation shit rules! I just paid my rent, cell phone bill, electric bill and filled up my trucks gas tank and I have a mountain of cash left over. Golly I feel so rich, everything is so so sooooo cheap now, my dollar goes way far! Why didn’t we do this deflation spiral [...]

Let me start off by stating how much I dislike peoples attempts to be politically aware on financial blogs. This post is in no way meant to be political. This is just a quick reminder of something I think we all may take for granted. Every day we walk around and the sky above us [...]

 As I have stated earlier, I am doing a little contango trade by buying USO and immediately selling an “at the money” call. This is basically a little way of buying oil at today’s prices and immediately selling it at the implied future (higher) price. So I have been buying USO and selling two month [...]

 I was telling this to a friend of mine and he started to inform me that Citigroup was a very poorly managed company with a very bleak outlook, that recently had to be saved by the Federal Government, to keep from going under.
Thus the reason for this post. If someone tells me that I shouldn’t [...]

The Fed lowered rates again. The 10 year US Treasury Note is yielding 2.13%. Can it go much lower? No. It can only go to 0. Short Treasuries here, 6-12 month time frame.
 
 
O.K. enough! You got me. Where is Ashton Kutcher revealing himself from his hiding place/command center telling me I’ve been “punked”, the quotes [...]

Here is a little trade to capture some of the crazy contango in the oil markets.
 
Buy USO ($35ish) and sell Jan2010 ATM calls($8.50ish) (KWWAI.X) against the shares, a simultaneous buy/write. This trade should give an immediate credit of ~25%!
 
A friend of mine asked me to take a look and figure out the best way for [...]

I don’t know if they meant to do it or it is just a lucky side effect, but The PPT has basically started a new economic stimulus package, and I for one would like to thank them. Not only have they started giving away money again, they have decided to give money directly to us, [...]

I have recently joined a couple of web sites that track real peoples real portfolios and am shocked and appalled at how poorly people trade. The web sites in question are Covestor and Cake Financial. For those of you that are not familiar with these sites; the idea is that you sign up and give [...]