“Life is simple, its just not easy.”  ~Author Unknown

The market chopped around today, finishing essentially flat on the day as the $SPX closed just under 1166. While there were pockets of strength, the commodity sector as a whole faced profit taking after the New York lunch hour.  All in all, the broad indices continue to be [...]

One of the key lessons that you should have learned–the cheap or expensive way–in 2008 and early 2009 was that oversold markets can stay oversold for much longer than you think during the course of a bear market.  What we are seeing now is the flip side of that coin.  The broad market is overbought, [...]

Corporate Debt Coming Due May Squeeze Credit
By NELSON D. SCHWARTZ
Published: March 15, 2010
NY Times
When the Mayans envisioned the world coming to an end in 2012 — at least in the Hollywood telling — they didn’t count junk bonds among the perils that would lead to worldwide disaster.
Maybe they should have, because 2012 also is the [...]

Where the FUCK is everyone at??
I mean, I know The Fly’s telling you (unwashed internet masses) to STFU, but this is YOUR tab!  The place to air your deepest, darkest, most disturbing and inane (market) thoughts.  Shit, if you’ve seen any of my posts, you’ll know it doesn’t have to be good, actionable, or well-written.
So [...]

You might think that high probability and high risk are mutually exclusive…and they probably should be…but hear me out.  There are 2 parts to this odd-couple trade: both high probability (and I say that without any empirical evidence), but one much riskier than the other.  The main idea is to hedge my directional portfolio that [...]

Late Night Mundane UPDATE:
This is surely a sign of the end of bullishness…the SPY 20-day sma finally crossed back over the 50-day AND the index put/call ratio ($CPCI) spiked high to 1.68, which I consider a contrarian long SPY entry.
Any other day, I’d be ecstatic for these signals…but after 10-days of “straight up” market action, [...]

Financial markets are gripped by the role derivatives have played in Greece’s debt crisis, but Italy also has a derivatives time bomb, and hundreds of cities are in the €24-billion blast zone.
Many local governments eager to cut financing costs for years rushed to sign up for complex derivatives contracts, even when the terms were in [...]

Indeud. Brother Jake has been a printing press (pun intended) for all of you fanboys out there. I believe he deserves a shout out for his acumen.  Basically, investments along side him in $SLW, $ANV and $RGLD will soon see you upgrade your diet from nightly feasts on Ramen Noodles to walking into Le Cirque [...]