Author: Vineer Bhansali
What’s Up With Volatility
The current selloff in the S&P 500 started around February 19, 2025 from a level of approximately 6150, which was a record high. In a matter of less than a month the S&P 500 dropped to its level as of this writing of 5625, i.e. an 8.5% decline. The bottom […]
My Burgers and Bonds Checklist
I have to confess to something. I grew up completely vegetarian in India. When I came to the US at the age of 18, I was a good tennis player, but had almost no strength which is required for the kind of tennis played in college here. After getting demolished […]
Is Quantum Computing Investable As The Next AI?
The boom and bust and re-boom in quantum computing stocks over the last few weeks (look for example at the price gain and collapse and re-gain of RGTI, QBTS, QUBT, IONQ and others) has drawn comments from analysts that, on the one hand, equate quantum computing with a “bubble,” and […]
Going for Gold… Again
In March of 2023, about eighteen months ago, I wrote a piece in this forum titled “GITA: Gold Is The Alternative” (see here), suggesting that investors should look at gold as an investment for various reasons listed in that piece. At the time, the price of gold was around $1,979 […]
Monetizing Volatility Spikes
This week has been one for the record books…if you are a volatility trading nerd like the three of us, it was also a very active, and sleepless week. As we tell our clients, this is what you pay us for – we stay awake so you can sleep. One […]
How The Carry Trade Crashed The Market, Again, And What Comes Next
Over the last few days, the sudden volatility in the markets has resulted in clients, friends and family (especially my wife) all wondering what just happened, and more important, what happens next. For sure everyone by now has read that one of the culprits was the action by the Bank […]
Making Good in Bad(water) Markets
Two weeks ago I had the distinct pleasure (some may say pain instead of pleasure), of finishing the 135 mile Badwater 135 race, the self-proclaimed “toughest foot-race in the world”, in just under 40 hours. I was supported by an excellent crew that consisted of one elite runner who is […]
David vs. Goliath: Why Small Caps Killed Large Caps As Inflation (Barely) Softened
The big keep getting bigger, until they don’t. Since nothing grows to the moon, in the markets there always comes a time when momentum reverses sharply, and the unloved become loved and the loved become hated. In the dot-com crash, the signs of an impending recession resulted in high flying […]
Is the Stock Market in a Bubble
One of the most heavily discussed topics in the financial media today is the observation that most of the gains in the stock market are being driven by just a handful of names, and this, as in past episodes of market melt-ups and melt-downs, may be a precursory signal for […]
Levered Single Stocks ETFs on NVDA
In a piece I published last week in this forum (here) I mentioned how the availability of explicit leverage to some, but not to all, has frequently resulted in the tendency for all participants to move off an optimal portfolio into increasingly risky securities. My conclusion was that similar to […]
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