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

Sell-Off Lurking (HYG,GLD)


Executive Lounge, Wall Street Elite

Sell-Off Lurking (HYG,GLD)   Not long ago we wrote about a market indicator we developed and brought public in the late 1990’s; something we refer to as ‘volatility compression’.  We described it recently in a letter called Buy Everything Now!, so we won’t put you through the labor a second time, only to say that […]

November 7, 2017

New Leg Afoot (HYG,DIA,QQQ,SLV)


Executive Lounge, Wall Street Elite

New Leg Afoot (HYG,DIA,QQQ,SLV)   When you start dreaming that you’re a close associate and friend of former presidents and various other statesmen it’s very likely something’s wrong.   Now, that’s not to say that all who mucky-muck about with the bigshots have mental problems; certainly not.  But we ham and eggers have to keep […]

September 27, 2017

Tortoise vs. Hare, Avionic Version (BA,NOC,HYG,BIDU,QQQ)


Executive Lounge, Wall Street Elite

Tortoise vs. Hare, Avionic Version (BA,NOC,HYG,BIDU,QQQ)   Where in the world will it end?   General Jenny Tull, the first female, four-star officer in the U.S. armed services, yesterday announced procurements totaling $82 million for the purpose of ‘gender nullification initiatives’ and ‘tactical androgen support ops’. Although our efforts to contact the General’s office have […]

August 29, 2017

Dancing in Detroit (F,GM,HYG)


Executive Lounge, Options Trader Elite

Dancing in Detroit (F,GM,HYG) What’s more American than a monster truck hoedown that pits a Ford F-150 against a Chevy Silverado.  (Apologies to Ram fans, of course.)   American carmakers are still a force to be reckoned with 100 years after Mr. Ford’s assembly line thrust Detroit into the center of the industrial world.   […]

June 1, 2017

Junk Skew Calling! (HYG,DBC,STT,TROW)


Executive Lounge, Wall Street Elite

Junk Skew Calling! (HYG,DBC,STT,TROW)   There’s a great deal to discuss on the macro/monetary level, but we’re going to divert our attention today to the other end of the spectrum and examine a few, key technical minutiae before offering you a trade.   So let’s begin with this.   There’s an old adage on Wall […]

April 3, 2017