Summertime Blues (GS)

Executive Lounge, Wall Street Elite

Summertime Blues (GS)   OK, so it was the Fourth of July, and a lot of folk took leave from the markets, but does that really explain it? We’re talking about a significant decline in trading volume that occurred at the end of last week amidst a market rise that now, on second glance, is […]

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The Denizens of Intelligenz (WWE,GLD,SO,NFLX)

Executive Lounge, Wall Street Elite

The Denizens of Intelligenz (WWE,GLD,SO,NFLX)   By definition, exactly half the population possesses below average intelligence.   And that’s not a comfortable statistic.   So who’s the dumb ones?   Well, it certainly doesn’t break down on socio-economic lines.  Don’t think, for example, you got smarts because you got cash, Giles.  It don’t work that […]

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Behind the Scenes and Under the Radar (SO,NFLX,FXI)

Executive Lounge, Wall Street Elite

Behind the Scenes and Under the Radar (SO,NFLX,FXI)   It’s a political world, friends.  Has been for a while.   Everything that’s done or said or written these days, it seems, is employed to further an agenda.   Truth be damned, is what it’s all about; let ‘the story’ carry the day, whatever it may […]

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Oil vs Wheels (IYT,USO)

Executive Lounge, Wall Street Elite

Oil vs Wheels (IYT,USO)   It’s the interplay between the following two factors that we’re keeping our eye on these days, the better to apprehend the market’s immediate trajectory: oil and ‘market leaders’.   We’ve discussed this combo before, and how they work together.   The ‘leaders’ are the current sexy tech group, not related […]

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NABE report shows increase in hiring and sales for second quarter, Yum! Brands (YUM) face safety scare and Hasbro (HAS) reports strong second-quarter


Bourbon & Bayonets

Markets were heading slightly lower on Monday morning after U.S. companies reported an increase in employment and sales during the second-quarter, a report released by the National Association for Business Economics showed. The report said that of the 85 companies that took the survey, 57% of them said that sales were up during the quarter […]

July 21, 2014

Economists lower growth forecast for the US, Whirlpool (WHR) take controlling stake in Indesit and Chrysler announces new recall


Bourbon & Bayonets

Markets were heading lower on Friday after news was released that economists have lowered their forecast for U.S. growth for the second-quarter. Growth expectations for the second-quarter were dropped from their previous 3.5% down to 3%, in a report released from the National Association for Business Economics. They have projected the growth for the entire […]

July 11, 2014

Exchange Trade Switch (CBOE)


Bourbon & Bayonets

We’ve been monitoring at the chart of the Chicago Board Options Exchange (CBOE) for a while now and it appears there’s a nice short situation developing. At one time, we loved CBOE stock. But that was well over a year ago when she was trading in the mid-$20s and we believed she’d make a great […]

July 10, 2014