The Prepared Mind: March 14, 2016

By Frank Fahey “Complacency is a state of mind that exists only in retrospective: it has to be shattered before being ascertained.” – Vladimir Nabokov Wise men say, and not without reason, that whoever wished to foresee the future might consult the past.” Machiavelli The major indexes rose for the…

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Papale on Option Parity

By Steve Papale Happy 3rd day of unofficial spring!  Here around Chicago there is still snow on the ground with temps in the 30’s but the light of spring is definitely showing the end of the tunnel of winter.  Here in our house I at least mark the upcoming events…

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Papale on Skew

By Steve Papale Writing this a couple days later than normal.  Was on vacation last week in northern Michigan.  Great week as always.  Made an interesting discovery – at least for me.  In our hotel room the thermostat went down to 45 degrees.  I never really paid attention to how…

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The Prepared Mind 7.22.2013

It was a quiet week – relative to the previous three weeks.  The bull market continued unabated with the exception of the NASDAQ 100 (NDX.)   There was a mixture of good and bad.  Ben Bernanke testified before the House and Senate.  He managed to convince the market players that an…

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