The Sachs of a McMorAno (FCX,GS)

Executive Lounge, Options Trader Elite

    We have to open with a quick shout-out to long time reader and avid backtalker Jesper, who recently took issue with fellow scribbler Hugh L. O’Haynew’s assertion that we here at Normandy were fibbing (the language was far more scurrilous than that – shame, Jesper!) when we said we’d long recommended the purchase […]

November 12, 2015

Assuaging Your Worries (XHB, GS, HYG)

Bourbon & Bayonets

The greatest risk any investor faces in a bull market is jumping early. We therefore want to dedicate this letter to reassuring you that despite all the noise, the bull is strong. And for those who are, indeed, considering selling – and even more for those who’ve yet to climb aboard, we say – We […]

February 19, 2015