Let’s be honest, the best market analyst of 2020 has been Dave “Davey Day Trader” Portnoy of Barstool Sports. He has insisted that “stocks only go up” and has continuously made bets on garbage stocks that move higher, largely thanks…
Learn moreAs I look at the flood of earnings reports coming in, one group of companies is blowing the doors off everyone else: Private Equity (PE) firms. The turbulent markets and low-interest rates have provided a perfect storm of opportunities for…
Learn moreThe markets last week were fairly flat despite a flood of earnings reports and economic news. We were down on the week, but by less than 1%. That seems almost unusually quiet for a week in the year 2020. Earnings…
Learn moreLiving in Florida, one learns to dread the Federal election cycle. The constant bombardment of ads has been bad enough for the past month. Over the next few weeks will see us reach genuinely ridiculous levels. It is not worth…
Learn moreSPACs are all the rage these days. Special Purpose Acquisition Companies (or SPACs), also known as “blank check companies”, have become wildly popular on Wall Street. So much so, that already in 2020 there have been more SPAC IPO’s than…
Learn moreEarlier this week, I laid out a perfect example of what most people refer to as a “Black Swan” trade. Part I: The Trade (no, you’re not too late)Part II: Emerging advantages Now, I intend to give you my original…
Learn moreAs I noted on Monday, the world has been betting against the U.S. Dollar. This chart by Ahmed Saqib says it all. The breakdown of the Commitment of Traders Report from the end of August shows that hedge funds had…
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