ARE STOCK TRADERS ACTUALLY MORE PESSIMISTIC THAN BOND TRADERS?

As a former equity guy, it pains me to say that when the bond and equity markets are at odds, it usually pays to go with the bond guys. Let’s face it, the bond guys are better at math, often...

CRUDE OIL SPEC POSITIONING REVISITED

Usually when CFTC data shows a big speculative position, it is easy to spot the corresponding mood amongst traders. For example, take the current situation with the Canadian dollar. There are record net speculative shorts, and that bias is obvious...

MY GREAT BITCOIN BUNGLE

We all know Dirty Harry’s viewpoint about opinions, but I wonder what Detective Callahan would think about today’s bitcoin mania. It seems like every Tom, Dick and Harry feels obliged to weigh in about the manic action of the their...

A CONTRARIAN IDEA ABOUT DEFICITS

Imagine you are running a small business. Although sales are slowly growing, competition is driving down your margins. Your employees are getting squeezed by rising living expenses. Not only that, they are worried about the fact they are living longer...

CHINA DOWNGRADE - BUY THE NEWS?

Many traders are getting their knickers in a knot about yesterday’s Chinese downgrade by Moody’s. Suddenly, the Kyle Bass Chinese implosion scenario is on everyone’s lips. The downgrade has fanned the flames that were already burning from the recent sell...