My Grandfather’s name was Ernest; his friends called him Ernie. He was my sole male role model growing up because my Father had tragically died when I was a 4. When he was around 68 years old, he went legally blind, which meant he could still see but not too good. Because of high blood...Read More

The tape had been frustrating for the better part of the past 3 weeks. The end result might’ve looked alright; but the intra-day apprehension was palpable, as investors tried to figure out “what next?”The silver lining in this war, from an investors stand point, is that the resolution of it will be “the event” markets...Read More

Markets are shrugging off the war and bidding up stocks intraday. It has become apparent, at least for now, this is not going to escalate into something that would be deleterious to American interests or markets. That could always change. Early going oils were in play, now it’s more or less everything. I pared down...Read More

Right before extended trading hours closed at 8pm — reports that Israel was attacking Iran hit the tape. These rumors have since been confirmed, in what is being described as a targeted attack on Iranian officials, military command, and nuclear facilities. People tend to over-exaggerate the deleterious effects war has on markets, when in fact...Read More

One of my favorite clients (wealthy) likes to inform me when I am not beating indices — his way of telling me to get my shit together. The market seems much better the past month or so and the trillion dollar question is — ramp from here or retrace?At 6am I was awoken by an...Read More