From the EIA’s Today in Energy:
White House urges OPEC to Boost Oil Output… WSJ
Is it me? Here is Ken Thomas, Wall Street Journal… ”The White House urged OPEC to boost oil production Wednesday, saying recent planned
Gold as an Inflation Hedge… WSJ
Mark Hulbert, Wall Street Journal, has a nice piece on gold, here… He quotes the excellent Campbell Harvey: ”Gold is only a good inflation hedge
Nervous S&P Traders… Bloomberg
What other kind are there? Lu Wang discusses recent strategies using options in the S&P 500 market, here… Referring to the “buy/write”
Economic Indicators… Calculated Risk
Here are two economic indicators from Calculated Risk that indicate robust gasoline demand, not so for jet fuel, as compared to 2019…
Jim Simons quote…
This is true: “If you make money, you feel like a genius. If you lose, you’re a dope.” — Jim Simons Novel Investor summarizes Gregory
Coal is a Gold Mine… WSJ
Joe Wallace and Rhiannon Hoyle, Wall Street Journal, have an excellent piece on coal, here… ”Miners are printing money from a business many are
Carbon pricing, risk… Bloomberg
Will Mathis, Bloomberg, writes about a trader’s long term experience in the EU’s emissions market, here… I especially liked the Risk Don’t (apologies
Options update…
Oct/Nov +$3.00 calendar spread calls traded 2,000x yesterday, settling at $.02…. Oct/Nov is around $.60…