Recent Articles By The Author
The change in the FOMC's projections in just three months' time tell us one thing: those sitting on the committee just do not know any more than do the rest of us.
I think I just take a walk and whistle on by ORCL without getting involved.
What's going on inside the head of the Fed Chair or anyone sitting on the committee (FOMC) as they roll into Wednesday afternoon's block party?
It's no surprise that MSFT and AAPL are two of my longest holdings.
The public seems to have resigned itself to dealing with a greater degree of inflation for longer than anything I would have considered to be 'transitory.' The again, the public is often as wrong as the Fed.
I prefer the bear put spread over the covered equity play due to the decreased risk to principal, despite the capped potential for profit.
Ever hear of the Cleveland Fed's median CPI? Trust me, every kid sitting at the FOMC table is glued to this indicator.
While it's tempting to take on a long-side trade here, I don't see a good reason.
Plus, a look at the unnatural reaction to higher consumer prices of the yield curve and equity markets.
The fact is this is not the 'crappy' company that it has been made out to be.