Executive Lounge, Wall Street Elite

THE POLAR VORTEX HAS SPLIT! (UNG,USO,SPY) OH. MY. GAWD!   In a development that’s caught nearly everyone off guard, a massive high pressure system recently sundered the normally quiescent Arctic ‘polar vortex’ in two!   It’s a little known, unique weather event that, according to meteorologists, could bring MUCH WARMER TEMPERATURES TO THE AMERICAN EAST […]

February 20, 2018

Phoenix Envy (SPY)

Executive Lounge, Wall Street Elite

Phoenix Envy (SPY)   The market will move in the direction the majority least expect, for a duration that no one can predict, reversing precisely at a time that the greatest number are blindsided.   Or as a wise investor once wrote, “The market’s raison d’etre is to reach as deeply as possible into the […]

February 13, 2018

Getting Carried Away (SPY,IEF,PFE)

Executive Lounge, Wall Street Elite

Getting Carried Away (SPY,IEF,PFE)   There’s a concept in statistics that’s regularly applied to markets called ‘mean reversion’.  It’s a rather simple idea, that anytime numbers get too far stretched from their long-term historical norms – either too high or too low – they eventually snap back.   And it has proven itself long enough […]

January 30, 2018

High Yield Meat (HYG,SLV)

Executive Lounge, Wall Street Elite

High Yield Meat (HYG,SLV)   Some assumptions are safer to make than others.   Until recently, for example, it was assumed that the financial markets would automatically be backstopped by the Federal Reserve and Treasury at the first sign of distress.  After all, we went through several rounds of Quantitative Easing, state-initiated bond purchases, government […]

December 26, 2017