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Bid To Cover Plunges In Ugly, Tailing 2Y Auction

Bid To Cover Plunges In Ugly, Tailing 2Y Auction

With the Fed set to hike rates in 48 hours, it was hardly a surprise that investor demand for today’s sale of $37 billion in the 2-year paper would be lacking. However, the final result was downright ugly. Pricing at a high yield of 2.829%, the auction tailed the When Issued 2.825% by 0.4bps, the […]
Most Active Equity Options And Strikes For Midday – Monday, Sept. 24

Most Active Equity Options And Strikes For Midday – Monday, Sept. 24

Top tickers for midday: GE, FTV, BAC, SBUX, KO, AAPL, P.
The Best Time To Prepare Is While The Bull Runs

The Best Time To Prepare Is While The Bull Runs

In case you couldn’t tell from the ubiquitous political ads and yard signs, midterm elections are right around the corner. Historically, volatility has increased and markets have dipped leading up to midterms on uncertainty, but afterward, they’ve outperformed. Of especially good news is that we’re entering the three most bullish quarters in the four-year presidential […]
Rumination: Why Not A Military War On Trade?

Rumination: Why Not A Military War On Trade?

As President Donald Trump’s trade war continues to escalate, it’s perhaps worth remembering his tweet from back in March: My focus here is on the notion that if we “don’t trade anymore–we win big. It’s easy!” If this statement is true, then it seems to me that the Trump administration is wasting our time with wishy-washy economic diplomatic incentives […]
Regards To Emerging

Regards To Emerging

As suggested late last week, the emerging markets (EEM) have done a U-turn precisely where it should have. My short positions and puts both say “thank you!”This market has been breathtakingly consistent all of 2018.
Five Dividend Stocks Rewarding Shareholders With A Raise

Five Dividend Stocks Rewarding Shareholders With A Raise

As part of my monitoring process, I review the list of dividend increases every week. I use this process to evaluate existing holdings and also to identify hidden dividend gems. I find it helpful to observe the pulse of dividend increases in my overall monitoring process. I looked at the list of dividend increases and then […]
The Regulatory Roaches In Tesla’s ZEV Credit Soup

The Regulatory Roaches In Tesla’s ZEV Credit Soup

On Wednesday of last week, I speculated that Tesla might be counting on a billion-dollar regulatory credit bonanza in the last half of 2018. Reader comments led me to a twitter feed that mentioned a recent proposal to withdraw a prior EPA waiver that enabled adoption of California’s ZEV mandates. The proposed withdrawal of California’s […]
Lessons From Lehman 10 Years After Failing

Lessons From Lehman 10 Years After Failing

Global financial services firm Lehman Brother’s stock was in free-fall during the first week of September 2008. After making huge bets in the mortgage securities space, Lehman’s President Dick Fuld feared bankruptcy and frantically sought out a buyer. The company was hoping to strike a weekend deal with either Barclays PLC or Bank of America. […]
Turkish Lira Spikes After Pompeo Comments On Pastor Brunson

Turkish Lira Spikes After Pompeo Comments On Pastor Brunson

The Turkish Lira has spiked higher – extending earlier gains – after US SecState Mike Pompeo told reporters that Pastor Brunson could be released this month and should be released immediately. Pushing the Lira back to one-week highs… So releasing Brunson apparently will fix Turkey’s fundamental economic/USD-debt crisis.
Thai Stock: Consistently Great Profitability At Chularat Hospital

Thai Stock: Consistently Great Profitability At Chularat Hospital

TM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. Background Chularat Hospital Public Company Limited operates seven clinics and four hospitals in Thailand. CHG has about 600 inpatient beds, though generates slightly more income from its outpatient services. It also engages in […]