Author: evencio.alvarez14@gmail.com
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Peak Bonds Interview With Financial Sense
Last week Tyler linked up with our friend Cris Sheridan at Financial Sense to discuss the peak in the bond market. The last time they talked in July, Tyler explained the asymmetric risks bond investors were facing with yields hitting a lower bound. We saw the result of that asymmetry over the last month as…
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Ditch Options And Buy Stocks With “Cheap Optionality” Instead
It probably didn’t take long after becoming a trader to stumble upon options. Brokerages and websites all over the internet are constantly pitching these complex financial derivatives, claiming things like “defined risk” and “100% returns a month”. But these advertisements only end up luring novices into a game that creates losses rather than stunning returns.
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Regime Shift: What Trump Means for Markets
It’s interesting how quickly the consensus around what a Trump presidency means for markets went from “it’d be an unequivocal disaster” to “his policies will bring forth a new and lasting economic expansion.”
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Lessons From A Trading Great: George Soros
Remember the scene from the 90’s classic, The Sandlot, where “Smalls” loses his father’s Babe Ruth autographed baseball to “The Beast” and the other kids question him in disbelief, saying: Smalls: I was gonna put the ball back. Squints: But it was signed by Babe Ruth! Smalls: Yeah, you keep telling me that! Who is…
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Jesse Livermore’s Trading Strategy Explained
“Boy Wonder”, “Boy Plunger” and the “Great Bear of Wall St.” are a few of the monikers Jesse Livermore was known by. Livermore was immortalized in the trading classic Reminiscences of a Stock Operator by Edwin Lefevre — a book your author has read countless times over the years and still pulls new wisdom from…
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Global Bond Bubble Bust
Rarely do we investors get a market that we know is overvalued and that approaches such clearly defined limits as the bond market now. That is because there is a limit as to how negative bond yields can go. Their expected returns relative to their risks are especially bad. If interest rates rise just a…
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The Chinese Yuan and a Global Tipping Point
Every market cycle has 1 to 2 macro drivers at the heart of its regime. We call these the fulcrum points. Keep an eye on the fulcrum and you’ll know when a major cyclic turn is underfoot.
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Lies, Untruths, and False-Trends: George Soros on what really moves markets
George Soros was quoted in a speech he gave to the Committee for Monetary Research and Education back in the early 90’s as follows: Economic history is a never-ending series of episodes based on falsehoods and lies, not truths. It represents the path to big money. The object is to recognize the trend whose premise…
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Michael Marcus’ Trading Strategy Explained
Michael Marcus turned $30,000 into $80 million over a 20 year period — not too shabby.He was profiled in Schwager’s original classic Market Wizards, giving one of the more impressive interviews in a book filled with many. What many don’t know is that Michael Marcus was also part of what has to be the most…
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The Philosopher on Playing the Player
Market sentiment is a fuzzy concept.In its most basic sense, it’s the aggregate beliefs and moods of actors that comprise the total market.It’s tough to measure, gauge and test. And so, it’s often discarded completely or superfluously used to confirm one’s own biases. But learning how to play the player (market sentiment) is vitally important…