AEO and CROX up after reporting better Q4 sales and margins…

Retailers can’t get a break: first lockdowns, now supply chain issues, food and energy inflation, and consumers crying “uncle.” Adding to AEO and BIG. [trades]

High yield bonds yield just 4.52%, or less than 3% above 10-year Treasuries. That spread has ranged from 2.5% to 20% over the past 20 years. At these levels, high yield bonds are priced for nirvana. [trades]

With retailers up, gold stocks down, and speculative excesses everywhere, it’s time for a bit of rebalancing. [trades]

With speculation off the charts, margin debt cracking $700 billion for the first time and a new administration committed to spending, borrowing and printing its way to prosperity, it seems prudent to play a bit more defense… [trades]

Time for some minor rebalancing: trim American Eagle, add gold & silver. [trades]

Corporate executives and directors went on a buying spree the past three months in down-and-out stocks.

"Buy when there's blood in the streets." This adage certainly applies to retailers severely impacted by government shutdowns. [trades]

Yesterday's rout in stocks and crude oil had the smell of panic… This panic is creating opportunity… [trades]