Stat of The Day

The last time every stock in the Dow Industrials, Transports, and Utilities indices finished higher on the day, like they did today, was the Monday before the 2016 election. Hat tip Bespoke Research
We Have a Spending Problem

We Have a Spending Problem

Not a taxing problem… Feds Collect Record Individual Income Taxes in FY 2018; Still Run $779B Deficit The lede:   The federal government collected a record $1,683,537,000,000 in individual income taxes in fiscal 2018 (October 2017 through September...

Betting on Ford’s (F) Future?

Large, longer dated upside bet on Ford Motor Company (F) mid day yesterday. With the stock around the 9.5 level, an investor bought 50,000 January 2020 expiration $10 strike calls for $.85. Implied volatility was in the 28% zone at time of purchase.Even for a liquid...