- Gold: sold those GLD puts for a 101.5% gain on Tuesday; reversed polarity and bought a few calls. No strong opinion on gold, just thought I’d try this after seeing Tim Knight’s end-of-day video on Monday, which suggested GLD might have hit a support level at the bottom of a channel (though his video [...]
I just submitted an article about this to Seeking Alpha, so if they publish it, I’ll link to it here [Update: it's been published: "Gold Gets Hammered"]. But in the meantime, here’s a tl;dr version:
I wrote the two articles linked to below last month. They proved to be good timing. After writing the second one, [...]
Looking back at an optimal put hedge on GLD
In Tim Knight’s after the close wrap-up video Thursday (“Fire, Walk With Me“), he noted how precious metals had fallen out of bed recently. Below is a look at what happened with an optimal put hedge on the gold-tracking ETF GLD Thursday. Then, [...]
A day after cracking the top-10 on AppShopper.com’s top-200 list of highest-grossing finance apps, Portfolio Armor broke into the top-5 today:
After 24 straight days on AppShopper.com’s top-200 list of highest-grossing finance apps, Portfolio Armor cracked into the top-10 tonight, for its highest ranking yet:
I wrote this on August 4th, “Why you should consider hedging if you own gold“.
And this follow up Monday night (published yesterday), in which I noted that the hedging costs mentioned in the first article had doubled: “Gold goes parabolic, hedging costs rise“. I took that spike in hedging costs as a bearish signal, and [...]
Earthquake hits NYC, BAC blamed.
After a rare East Coast earthquake shook New York City Tuesday, this was one of a number of tweets I saw blaming the tremor on Bank of America (another suggested what we felt was BAC’s implosion).
Bank of America is one of the top holdings of [...]