Yesterday, we closed out the VanEck Vectors Gold Miners ETF (GDX) March 26 put option for a nice gain. The trade certainly got off to a bad start. At its nadir, after the Fed struck a surprisingly dovish tone in late September, we had a 25 percent unrealized loss. Read More

Average Annualized Return Per Closed Trade: 19.8% Average Return Per Closed Trade: 16.2% Average Holding Period: 304 days This week, OPEC may have done something they hadn’t achieved in eight years: in Algiers, the cartel members provisionally agreed to a small production cut, to a… Read More

Eric Rosengren, the President of the Federal Reserve Bank of Boston, was one of the three dissenters against the Federal Open Market Committee (FOMC) decision to keep the federal funds rate unchanged—the first time three members of the committee had dissented since December 2014. Previously known as reliably dovish, Rosengren… Read More

Average Annualized Return Per Closed Trade: 19.8% Average Return Per Closed Trade: 16.2% Average Holding Period: 304 days Heading into the latest Federal Open Market Committee (FOMC) meeting, in light of conflicting public messages conveyed by Fed officials, there was a lot of confusion… Read More

A sign that we live in different times: The Bank of Japan (BoJ) set a rate target of zero for the 10-year bonds, another unprecedented move for the central bank that has failed to lift Japan out of decades-long stagflation despite several years of massive monetary stimulus via money printing… Read More

We recommend shorting this financial advisory firm. Read More

Market volatility has risen in recent days. Day-to-day swings have been large. Today marks the first trading session since last Thursday that the S&P 500 did not move at least 98 basis points. Confusing messages from top Fed officials helped to throw markets for a loop. Last… Read More