I am bearish the Dow by way of October 17 $450 puts on DIA. Here’s a profile of how the individual components have been doing:

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I am bearish the Dow by way of October 17 $450 puts on DIA. Here’s a profile of how the individual components have been doing:

Funny how most of Africa’s billionaires are still white fellas.

From early April through early August, Nvidia stomped its way relentlessly higher, more than doubling in price and curb-stomping anyone who dare got in its way.

At this point, far into the broad market recovery rally with gold stocks so close to the primary target (HUI 500+/-) I want to make sure I am speaking clearly as a human, rather than mechanically as a TA or macro funda dork. That will probably shorten this report and possibly the next few reports to come, until something big happens.
Big? Well, a broad top and breakdown would be big. A Fed policy shift would be big. A significant US Dollar rally would be big (given it would be against a government that seems bent on devaluation), a precious metals upside blowout and reversal, a commodity failure, a precipitous decline in long-term Treasury yields, or a resumed rise in those yields. All big.
(more…)After a very data-heavy week, the last chunk will be coming out an hour before the opening bell:
