BMF Show: CHPT Put Flies 10.10.2022
The Mighty Are Falling
Yo, Pit Crazies, I remember when Research in Motion started a long slow decline to zero. Everyone used a Blackberry phone and then they didn’t. I am not going to say that will happen to Advanced Micro Devices (Ticker: AMD), but something is up with the stock. One-year chart of AMD and a drop from […]
BMF Show LEVI 10.07.2022
Don’t Be Surprised in Commodities Pop
Yo, Pit Crazies, Today’s non-farm payrolls number was a bit soft. There was growth – but 263,000 added was below expectations of 275,000. Meanwhile unemployment rate was down .2% to 3.5% A hard number – meaning payrolls are jumping – and the Fed would have had to keep its foot on the gas. What we […]
BMF Riff Show 10-6-2022
The Next Big Date
Yo, Pit Crazies, It’s no surprise these days that we, as traders, are caught in the web of the Fed and the next inflation sensitive number. This week is no different from last week. I, for one, will be happy when every market gyration is not caused by some Fed action. It also means the […]
BMF Riff Session 10-5-2022
https://vimeo.com/757235282
Will INTC Cut the Dividend??
The title today might seem suspicious because Intel Corp. (Ticker: INTC) has not cut a dividend for as long as I can remember. That is 30 years of looking at and trading the company. Intel is going to spin out its autonomous driving unit, Mobileye, so there could be some pre-hedging shenanigans going into that […]
Big Money Flow Show 10/4/2022
The Flat VIX Curve That Blows This Way
Yo, Pit Crazies, On Monday, the sentiment was terrible going into trading … yet somehow stocks managed a 3% swing up for the best gain in several weeks. The UN stepping in to tell central bankers to stop raising rates helped a bit. I think they should raise rates again in November if there is […]