The trade here is to be short $ACE (ACE Limited) and long $CB (The Chubb Corporation).
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Market Top Forming?
One of the things its helpful to keep in mind is that market tops are a process and market bottoms are an event.
More Phallic Grotesquerie from the Kingdom of Woman-Hating
Infograph.
Leaving the Party Early
Should the bull market persist and take out new year highs, I’ll be along for the ride even if underinvested.
June Spending and Income Atrocious
More goodness from the Recovery…
Enjoy Your Summer Vacay, Congress
Video, etc.
Meanwhile, in Hell on Earth…
This is a holocaust, plain and simple, happening right now in 2011.
"How was your day, Honey?"
Whew, what a day! Sorry I’ve been a bit incommunicado all day, this is a market that requires two eyes on it and two hands at the ready. Most of my day was spent lightening up and making sales. The deal in congress aside, we’re seeing decelerating economic data, rotten internals, broken charts everywhere and…
The Limitations of the Advisor-Client Relationship
A very important reminder about what the financial advisor-client relationship should and should not encompass
SPY Went to the Danger Zone
Here’s the chart every asset manager and trader in the country is watching today, at least with one eye.