Move in rates, really unprecedented
I took the liberty of posting this email from Dan Greenhaus of BTIG As of this morning, with the yield on the 10 year at 2.59%, yields are up (on a percentage basis) nearly 60% since hitting a…
MLPs and junk bonds, a good idea now that the market has sold off?
The rout in interest rate sensitive stocks, exchange traded funds (ETFs). publicly traded master limited partnerships (MLPs) and bonds presents some opportunities but not across the board. Some…
Don't Fear the Taper, Stocks Still Strong: Tepper
Don't Fear the Taper, Stocks Still Strong: Tepper Text Size Published: Friday, 21 Jun 2013 | 8:31 AM ET By: Jeff Cox | CNBC.com Senior Writer David Tepper President and Founder Appaloosa…
What Bond-Fund Flows Say: ‘Total Capitulation’ - Income Investing - Barrons.com
I perk up when I hear the words total capitulation. That's usually a short term change in direction. In this case bonds should rally if really all the sellers have thrown in the towel. I don't…
There's something happening here. What it is ain't exactly clear
1. The volatility in the markets related to Fed meetings has been accelerating. Generally the first reaction up or down was the contra trend reaction. In other words, the market will be higher a few…
Boehner Raises Obstacle to Allowing Immigration Vote - NYTimes.com
Why is this important? Well, if you're the Chairman of the Board of Cognizant Tech Solutions, CTSH, it's very important to the future of your business. Recently CTSH has been clobbered along with…
Carnival gets a nod from Barron's Roundtable
This weekend Barron's roundtable member, Brian Rogers, plugged our largest holding, CCL. If it gets the bounce we expect Monday, we'll probably lighten up a little as we have an outsized position.…
Get your shopping list ready
We've sold a number of puts in some names we'd buy if it reaches our price targets. Wednesday, 6-13 will be an interesting day as the market probes new recent lows. We are picking up more Dresser…
Apple- a force for good
Apple unveiled without much fun fare the slickest new computers in eons. Combining blistering state of the art performance with a sense of design not seen in years, this new workstation computer is…