10 Reasons to Believe That We're in a Depression [View article]
Sorry to stray off topic, but : I would be interested to hear an analysis of the effect of monetary expansion on the economy at this point. At first, it seems the first country to expand its money wins. The debt drops relative to the bills printed. The trade imbalances shift in favor of the money-printer country. Ultimately, the other countries join suite and correct the imbalance. So at a macro-scale you have this big debt dismissal in every direction that is mostly on paper anyway. Then I wonder at a micro-scale what this means. For a capitalist who produces and borrows, it is a quick win. For an investor, it is a quick win in the stock markets. For a laborer, the picture is good long term, but last in line to benefit from a devalued currency. And the cost of food and fuels probably rises quicker than wages. I just have to wonder, if there are two economies. The one where you earn money and use it to buy things. The other in which you are simply jockeying for debt forgiveness.
Thanks for explaining the WMT trade. I got thrown by the word "expiration" and missed the opportunity to take out the Callers when those August contracts dipped. A few hours Thursday morning would have gotten me on board. I need to join your program, so I understand the recommendation from day to day. Keep up the helpful posts!
It is Expiration hour this moment : "sell the Aug $57.50s for $1 or more"
With WalMart trading up near $60, selling this contract has not worked well. Unless your advice was to let it expire? I am totally confused about how this trade was supposed to work.
I am not sure I understand why go all the way out to March for the WMT calendar spread? Could you not make more selling a more near term leg of the trade?
10 Reasons to Believe That We're in a Depression [View article]
I would be interested to hear an analysis of the effect of monetary expansion on the economy at this point. At first, it seems the first country to expand its money wins. The debt drops relative to the bills printed. The trade imbalances shift in favor of the money-printer country.
Ultimately, the other countries join suite and correct the imbalance. So at a macro-scale you have this big debt dismissal in every direction that is mostly on paper anyway.
Then I wonder at a micro-scale what this means. For a capitalist who produces and borrows, it is a quick win. For an investor, it is a quick win in the stock markets. For a laborer, the picture is good long term, but last in line to benefit from a devalued currency. And the cost of food and fuels probably rises quicker than wages.
I just have to wonder, if there are two economies. The one where you earn money and use it to buy things. The other in which you are simply jockeying for debt forgiveness.
Thanks
Options Trader: Friday Outlook [View article]
Options Trader: Friday Outlook [View article]
With WalMart trading up near $60, selling this contract has not worked well. Unless your advice was to let it expire? I am totally confused about how this trade was supposed to work.
Options Trader: Friday Outlook [View article]