Author Archives: macromon

This Day In Financial History – Jan 18

Posted on January 18, 2019 by macromon

From the Great Jason Zweig January 18: 2000: Its impossible to pay too much for a good stock, a leading investor tells The Wall Street Journal with a straight face. Its a new world order, says Robert Froelich, vice chairman and … Continue reading →

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What makes elite athletes thrive or dive under pressure? | The Economist

Posted on January 17, 2019 by macromon

Psychology is an increasingly important part of elite sport. Winning at the highest levels can depend as much on peak-fitness of the mind as the body. Click here to subscribe to The Economist on YouTube: https://econ.st/2xvTKdy

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Stopped Out of S&P; Jumping Back Into Brazil

Posted on January 17, 2019 by macromon

Mother Fudger! The tape bomb about the U.S. keystone cops capitulating on the tariffs in China trade negotiations kicks in the aglos taking the e-minis right up to my stop only to reverse.  Those ‘bots are tough MoFos to beat … Continue reading →

Posted in Trades, Uncategorized | 2 Comments

Getting Long Call Options On Phillies

Posted on January 17, 2019 by macromon

I wish. The Phillies are not a publicly listed company as is Manchester United, for example, or as the Boston Celtics used to be before going private. Maybe Cramer knows how to play this one. Check out the latest rumor … Continue reading →

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Limit Order On S&P Executed

Posted on January 17, 2019 by macromon

Per last night’s post, our sell of 5 contracts of the  S&P e-minis just got done at 2618.  Feels uncomfortable and still gun shy after our last S&P facial but sticking with the discipline of our plan and signal.  Stop … Continue reading →

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This Day In Financial History – Jan 17

Posted on January 17, 2019 by macromon

From the great Jason Zweig January 17: 1991: As the U.S. military blasts Baghdad and Kuwait, driving back Saddam Husseins invading troops, the Dow Jones Industrial Average shoots up 4.6% to close at 2623.51. http://www.history.navy.mil/wars/datesjan.htm; http://www.pbs.org/wgbh/pages/frontline/gulf/cron; http://www.desert-storm.com/War/chronology.html; http://averages.dowjones.com   1946: Slow down, … Continue reading →

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Our Autopsy On The Still Living Bear Market

Posted on January 16, 2019 by macromon

Summary We believe the market is way off base in its analysis of what caused stocks to sell hard in 2018 The U.S. and world have a debt problem and yields need to mover higher in order for markets to … Continue reading →

Posted in Bonds, Equities, Uncategorized | 16 Comments

S&P500 Key Levels & Gravestone Doji

Posted on January 16, 2019 by macromon

Today’s price action and candle look sound as closest like a bell ringing to sell the S&P as you are going to get.   Yes, we jumped the gate a bit early in our recent short and are very cognizant the … Continue reading →

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QOTD: John Bogle, RIP

Posted on January 16, 2019 by macromon

Trees don’t grow to the sky, and I see clouds on the horizon. I don’t know if and when they’ll arrive. A little extra caution should be the watchword – John Bogle, Barron’s – December 28, 2018

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This Day In Financial History – Jan 16

Posted on January 16, 2019 by macromon

From the great Jason Zweig January 16: 1991: The Persian Gulf war begins (at 7 p.m., Eastern Time) as the U.S. transforms Operation Desert Shield into Operation Desert Storm by launching its aerial bombardment of Baghdad and Kuwait. http://www.defenselink.mil/news/Aug2000/n08082000_20008088.html; http://www.desert-storm.com/War/chronology.html … Continue reading →

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