Going back to 1945 with data from about.com, combined with historical stock market data from yahoo finance, I’ve constructed a table showing the relationship between who controls congress (and the white house) versus the growth or decline in the stock market. An image of the table is below. Click table the excel sheet. Below the [...]

When Obama was elected I promised not to be biased against him and judge him only on his actions. The jury is back. He is using fear to push a SUPER liberal tax and spend agenda. But he finally funked up. Until now he’s been over the heads of most Americans, just spouting fear and [...]

I’m tired of looking at my stupid broken hand on my site. And now that its 75% healed and I can type without pain, I’m posting an update: Right now I am bearish but not too heavy. My SPY weighted delta is -1500, my theta is 1800 and my gamma is slightly too low for [...]

FAZ is a 3x bear fund on financials. It moves fast and hard (t.w.s.s.) but I still think the options on it are way overpriced. This month I did a covered call on FAZ. Bought 1500 shares and sold 5 options at 3 difference strikes. At the moment, I’m up on all 4 legs of [...]

With a big run in the markets today, I’m calling the top Obviously I’m happy with the move so far, because I have a covered call on SP Emini, but I think the good times are over, or at least will stall… I entered a bear vertical on SPY: Sold DEC 92Call Bought DEC 94 [...]

Most people do not know this, and I’m sure most children are not taught this in school. As taken from freedomkeys and the Liberator online archive, here is the real story of Thanksgiving: ” Did you know that the first Thanksgiving was a celebration of the triumph of private property and individual initiative? William Bradford [...]

Last month I bought ES at 884.50 and sold the Nov 900 calls at 35. With the market downturn, those obviously expired worthless, making my base price 849.50 I wanted to sell another call against the position, but decided to wait until a big pop in the markets to do so. Today I got that [...]

My external hard drive failed and I lost about 5 years of pictures. After looking at several companies, I decided to go with the least expensive, ECO Data Recovery and after 2 weeks they called today to tell me they were unable to recovery my data. They’ll be charging me $175 for the effort. So [...]

I am disappointed. I voted for Bob Barr, but realistically wanted McCain to win. Not to be. However, this is the positive side of an Obama presidency: He has the ability to emotionally charge the masses He may be a more favorable and likable president to foreign countries Liberals and democrats have no excuses to [...]

Last night Obama said he wanted to protect American jobs, penalize companies for “shipping jobs overseas”, and give money to companies who hired American. This is all protectionism and its BAD for the economy. Sure he can give 100 sob stories about someone losing their job and how their 8 kids can’t afford to eat [...]