About pebblewriter

I left Wall Street in August 2001 (95th floor of World Trade 2...timing IS everything) and continue to trade for fun and profit. I hold undergrad degrees in Math and Econ, an MBA and am a CFA. Which is all to say -- I have no excuse for the miserable mistakes I often make. This blog serves as a means to keep myself honest and my thoughts organized. It should not be construed as advice regarding any particular strategy or security.

Stagflation?

If the US facing stagflation?  Or, maybe it’s already there.  Like artificially low interest rates and all-time highs in the stock market, the official economic data isn’t exactly alarming.  But, where’s the growth?  Where’s the spending?  Maybe, just maybe, the official data doesn’t paint a very accurate picture. It doesn’t take an economist to see … continue reading →

Striking Distance

This is day 8 of our membership promotion, running now through the end of the month for members and non-members alike. We’re offering a 25% rebate off the first month of Monthly and Quarterly auto-renew subscriptions. Annual memberships are available at a very substantial discount (rewarding those who act quickly!) Remember, the annual pricing is … continue reading →

How Broken is the Market?

Yesterday, VIX experienced its 4th biggest drop ever, plunging 25.9% from Friday’s close even though France’s election delivered the very same results that just about everyone expected. It has dropped even more this morning, and is now off 33.3% from Friday’s highs — despite the fact that there’s the potential for war on the Korean … continue reading →