Feeling Hospitable?
Yo Pit Crazies, I see something stirring in the hospitality industry after a wretched start to 2022. Airlines and cruise ships are rallying lately. They use oil, so is the Ukraine crisis going to come to a less than crazy conclusion? Maybe they’re trying to tell us something … Money Is Finding Its Way Back […]
The Biggest Fed Meeting in History
Yo Pit Crazies, Fed meetings are always vol events. Generally VIX stays bid heading in, then we get a vol selloff … and the occasional nasty surprise. We already got a volatility surprise this week when the VXX decided to untether from its net asset value. I made a video explaining that here. See what […]
BMF Show 03.15.2022: Oil – PACB & BP
https://vimeo.com/688478633
Chinese Equities Going to Zero?
Yo Pit Crazies, You have probably heard Bill Griffo and I talk about Chinese equities, and the only ones we are interested in are the domestic Chinese stocks, not the American depository receipts (ADRs). That ticker is the Xtrackers Harvest CSI 300 China A shares (Ticker: ASHR). Today, the Omicron variant is causing a massive […]
BMF CS: 3.11.2022
Making Hard Times Work for You
Yo Pit Crazies, There is no question these are hard times in markets and across the globe. Everything is highly volatile. Short-term trading must take that volatility into account And traders have to make a choice between what they want and what they can get. That is just a matter of creating the right trade. […]
The Rule of 3
Yo Pit Crazies, In Maine the old Mainers say “If you don’t like the weather wait until the afternoon and it will change for ye”. That is what we have in the equity markets – and for that matter all financial and commodity markets. If it ticks, it’s a crazy volatile mess. It is time […]
In Putin’s World, Russia Sanctions You
Sanctions, sanctions, sanctions. That is all we ever hear. Yet the result has not really what NATO, the EU and other allies were hoping for … It may be that the Russians just move to a Yuan-dominated world and replace all the West’s business interests in Russia with the Chinese. Then Vladimir Putin camps in […]
BMF Show 03.08.2022 M
https://vimeo.com/685962278
Chinese Invasion “Semi”-Certain?
Yo Pit Crazies, The fake news machine is going into overdrive daily at this point. As I write this, the Russians have posted terms for a truce. They’re not too far off from things they have demanded in the past that Ukraine does not want to give up. So, stalemate. Where there is no stalemate […]