We had always assumed William Shatner had made a killing being the spokesperson for Priceline (now known as Booking Holdings $BKNG) , with the stock being one of the best performers in the US market over the past 10 years, up about 1,900% (yeah, with a comma). Here’s that price action: Problem is (well, […]
Category: Markets
20
Aug
2018
14
Aug
2018
The huge world of farm subsidies:
We talked a bit ago in our piece “Are Tariffs a Black Swan” about the effect tariffs have had on Soybean prices – causing them to fall about -20% from their levels in the spring, but haven’t had a chance to get back into that debate after Mr. Trump announced a plan to make up […]
01
Aug
2018
Asset Class Scoreboard – July
Long Only Commodity Investments lost their spot at the top of the asset class scoreboard, losing -3.63% on the month, but still up 6% on the year.
26
Jul
2018
Facebook’s 4 Sigma Event
The old saying that markets take the stairs up and an elevator down has never been truer.
19
Jul
2018
VIX + Quants
The perception out there is that VIX traders are typically cowboys—swinging for the fences a la Mr. 50 cent or turning a small stake into millions like the financial space’s most famous Target Manager.
12
Jul
2018
Are Tariffs a Black Swan?
Some markets like stocks and currencies are treating the tariffs as rather binary events to be immediately bought or sold en masse, other markets like soybeans and metals seem to be letting it create a new market environment with different long-term price levels.
09
Jul
2018
02
Jul
2018
Midyear Asset Class Scoreboard
Long-only Commodities are the first class to hit double-digit returns in 2018, standing alone at the top of the asset class scoreboard.
26
Jun
2018
Somebody’s Back to Shorting the VIX
In Fact, the net short position is about 53,000 contracts. The week before the February 5th event, the non-commercial were net short 58,000 contracts.
25
Jun
2018
Mastering MLP Madness
What are your thoughts on the correlation between MLPs and crude oil prices?
