Inflation Games
Yo Pit Crazies, The White House reported muted inflation, down to a “0% gain in the month of July in change in CPI index” – or something like that. Top-line annual inflation was still 8.5%, which was enough to get traders thinking peak inflation was somewhere in June when the market bottomed. Stocks of all […]
BMF Show: 08.09.2022 NKLA BTU
How options are priced
If you want trading secrets for this week, tune into my OP Mentoring session this Thursday as I am just back from vacation today. If you want to understand how traders came up with options prices, read on. Pricing in the Old Days Option pricing prior to the advent of Black-Scholes was a bit more […]
Tales from the Trading Floor
As some of you know, I am taking a few days off in the wilds of North Carolina. That brings to mind the wilds of the trading pits I used to inhabit in my youth. The VIX briefly dipped below 23% this week, that is what counts for low volatility in this market. It made […]
08.05.2022: Big Money Flow Show
Is it time for PLTR again?
Yo Pit Crazies, One thing about stock markets is, everyone wants to get in at the bottom. The problem with that? No one knows where that bottom is, and when stocks get there no one wants them. That is why they were cheap in the first place! Sometimes stocks can make a bottom and several […]
BMF Show 08.02.2022 WBD DOW
Is 2022 the year for CLNE Energy?
Yo Pit Crazies, With most market action tepid after an 8% rally in the S&P 500 last week, I am looking to the green energy pastures fertilized by The Inflation Reduction Act of 2022. The Congressional majority wants a win for the Biden administration. That could be this bill. So there will be winners and […]
Breakout or Resistance?
Yo Pit Crazies, The S&P 500 tacked on a mild 200 points in three days, from Wednesday to Friday. It seems investors are betting heavily that rate hikes will be less aggressive in the coming months. Usually, demand drops in a recession – which is what we saw in the first two quarters of […]