Tag: option queen letter
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Option Queen Letter
The bull market in US equities continues. While many pundits are calling for a top, and we agree that there are ominous signs in this aging bull market to support that opinion, we must remind our readers that markets tend to move directionally and generally resist change. A bull or bear market can continue longer…
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Option Queen Letter
The lines in the sand for the NASDAQ 100 are: 3413.70 and 3396.72. The 200 day moving average is sitting at 3388.23. The S&P 500 will find support at 1792 and 1780. We expect to see these markets open lower and then rally. No we are not totally oversold and continue to have some room…
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Option Queen Letter
What Bitcoin the ETF!!!!! We are hearing that the Winklevoss twins have filed with the SEC for the Winklevoss Bitcoin Trust. In case you have forgotten, the Winklevoss twins enjoyed fame regarding their legal tangle with Mark Zuckerberg regarding Facebook. Tulips anyone? N’uff said! Leading up to the financial crisis of Lehman Bros….cattle cost an…
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Option Queen Letter
We need to reflect this week on all that was learned during 2013. What did we learn? We learned that government printing presses do eventually affect the upward trajectory of the stock markets, that sell or buy the news works (decisions once made will have an upward bias because it is now a measurable event….known)…
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The Option Queen Letter
[box type=”note”] A reminder of Bob Farrell’s rules: “Excesses in one direction will lead to an opposite excess in the other direction. Exponential rapidly rising or fall markets usually go further than you think, but they do not correct by going sideways. The public buys the most at the top and the least at the…
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Hocking our Children’s Futures
Who is going to buy our debt? Why would another country buy our debt with money other than that from the trade imbalance the US has with their country? That means when we buy goods from another country, we pay for those goods and services in US Dollars. The recipient of those dollars can either…
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Option Queen Letter
Sadly, what we now need, to avoid a recession, is a good war: unfortunately, we are already so involved; but a good war is the only way to spend our way out of a possible recession; hence, we’re obliged to either increase the war or, to start another war. Wars are inherently good for the…