Advertisements

Turknado vs Bellen

Trading is serious business, but it’s hard not to laugh at the absurdity of the system these days. But, hey, as long as we make money from it why not right? I’m […]

Advertisements

Change

As we have traded both long and short since the beginning of December I started¬†expressing increasing concern¬†about trading the long side in the past week or so even as markets rallied again […]

Bifurcation

Last night $IBM reported basically garbage numbers exemplifying the issue I raised in the buyback article: Companies using financial engineering (buybacks and tax rates) to manage their earnings higher while barely growing […]