Wheeeeee, what fun!   As noted in our Weekend Portfolio Review, we are in CASH!!! so we really don’t give a crap which way the market goes.  Despite having plenty of long positions (short puts in our Long-Term Portfolio), we’d be thrilled to actually get to buy the stocks cheaply and we’d also be thrilled to do…

Verizon released its third quarter earnings report before opening bell this morning, posting adjusted earnings of $1.04 per share on $33.2 billion in revenue. Analysts had been looking for earnings of $1.02 per share and $32.9 billion in revenue. Reported earnings were 99 cents per share, compared to last year’s 89 cents per share.  …

USD/JPY: The pair’s recovery triggered off the 118.05 level on Oct 15 2015 remains intact and intact. The immediate risk is for USD/JPY to retarget its range top at 121.23 zone. On the upside, nearby resistance stands at the 120.00 level. Above here will aim at the 120.50 level with a violation turning focus to…

Genuine Parts Company (GPC) is a parts distributor for the automotive, industrial, office products, and electrical industries. The company’s operations are not exactly flashy, but they have been successful for a very long time. Genuine Parts Company was founded in 1928 and has paid increasing dividends for 59 consecutive years. Source:  Genuine Parts Company Investor Presentation, slide…

We presume the ‘threat’ of selling hundreds of billions of dollars of US Treasuries has prompted a softening in the “Currency manipulator” rhetoric from The US Treasuy department. Having previously said the Yuan is “significantly undervalued,” today’s report shifts the comment to stating that the Yuan is “below appropriate medium-term valuation.” Of course, The US…