Wednesday, February 8th, 2012

I wrote to somebody yesterday morning and told them that there were three options with the stress test results: Either the market goes up, down, or nothing at all. That is problematic given the huge uptick in the S&P 500. All of these variables are confounding the best traders in the business. Just as many say that the market is going up as there are people saying a correction is near. At some point we have to say that we just don’t know and make some trades around that.

Do you know how much money I spend on insurance?  Of course you do because you do too.  Auto insurance, health insurance, disability insurance, life insurance, pet insurance, and homeowners insurance just to name a few.  Insurance protects us from being wiped out financially.  We pay a lot of money for insurance but our insurance [...]