As someone whose role as proselytizer and teacher of options, and whose personal trading sticks strictly to options, I was intrigued by Macro-Ops article Ditch Options and Buy Stocks with Cheap Optionality Instead.
The main feature of the post-election market has been rotation and reallocation not just between asset classes such as from bonds to stocks, but across stock sectors themselves.
When it was revealed Warren Buffet’s Berkshire Hathaway took stakes in all four of major airlines, American Airlines (AAL), United Continental Holdings (UAL) Southwest (LUV) and Delta Air Lines (DAL) it sent shares surging and shockwaves among the investment community.
If the election results and market response teach us anything, it’s to expect the unexpected and make sure your positions and portfolio can withstand the even the most outlier of events.
In the two weeks since Trump victory there have been an assortment of outsized moves across various asset classes. But perhaps none has been larger, or has more far reaching impact, than the U.S. Treasuries.
As we head into the holiday season and look for things we are thankful for I share this story to help put our trading and reach for money into perspective.
A few weeks back I gave an overview of the retail landscape and claimed it was entering a golden era as shifts in demographics and towards online shopping created both challenges and opportunities.
The market had a euphoric response to Trump’s surprise victory with many indices, sectors and stocks surging to not only their largest weekly gains in years but to new all-time highs. The big drivers are the hope for tax reform, infrastructure spending and less regulation. The last probably being the most easily attainable and likely […]