Greetings from Boston —My daughter graduated from Emerson college today to pursue a career in the arts — perhaps film or music marketing (no job as of now). This is my second child who has graduated and I have one left — ANTIFA FLY who is a junior but wants to become a lawyer —...Read More

We have friends coming over from NYC tonight because we’re going to see comedian Shane Gillis in Raleigh. I’ve never been to an A lister comedy show — so I’m looking forward to it. In my younger formative years, I worked myself to death and was busy raising three children from the age of 21,...Read More

As expected, the FOMC did nothing, alluded to worsening conditions due to tariffs and more or less said they cannot cut rates until the tariff business is settled. On that news, I saw some analysts push back their estimates for Fed cuts deep into the second half of the year. Surprisingly, the US 10yr declined...Read More

Good day —The market was fine up until the last two minutes of trade — where money was stolen from us in the most indecorous fashion. I am sure regulators will red flag this post due to the wording; but the context in which I speak of is a 30bps drop in the final two...Read More

Markets opened lower and then rallied hard into there afternoon and then just petered out on very light volume, -45% over the past 30 days. The SPY dropped 61bps, we dropped by ~42bps, whilst increasing some positions and also throwing on a 3% SQQQ hedge for moderate protection.The trend is up, for now, so I...Read More