Financial Velociraptor

Lizard King is trying to save the Universe. music selection:  “Misery Business” — Paramore It’s true. I’ve been with the Living Universe Foundation (LUF) for many years.  In that time, I’ve advocated for space development, and the environment.  Today, I

Several positions expired over the weekend. music selection:  “Lay Your Hands On Me” — Thompson Twins weigh-in:  207.6 +2.0 I collected 1,543 in profits on the positions that expired over the weekend.  That includes two covered calls and three net

Five more groaners. music selection:  “Soldiers” — Otherwise       Devour your prey raptors!

I bought another bond. The Gulfport Energy (GPOR) 6.625 coupon bond with 1MAY2023 maturity looks like a good value to me.  I purchased 9 units yesterday for 73.19 cents on the dollar.  The current yield is an impressive 9.05% and

Staying market neutral. music selection: “Ghost Of The Navigator” — Iron Maiden weigh-in:  205.6 n/c The market continues to be richly valued but lacking in direction.  The S&P is locked in a range near 3,000 and could stay there some

The weekly groaners music selection:  “Limelight” — Rush Devour your prey raptors!

Update CUSIP: 708130AD1 music selection:  “Limelight” — Rush I purchased the 1JUN2020  maturity 5.650 coupon JC Penny bond on 19JUL2019 for 89.9120 cents on the dollar.  If held to maturity, the expected yield is about 19.16%.  I hope to do

Staying market neutral. music selection:  “A Little Respect” — Erasure weigh-in:  205.6 +1.8 The market is still on shaky ground with high valuations, a long running bull market, a flat yield curve, trade worries, and weak economic data.  The long

Weekly groaners. music selection:  “The Things (That) I Used To Do” — Stevie Ray Vaughan Devour your prey raptors!

Yet another month complete. music selection:  “Her Name Is Alice” — Shinedown Each month, I review my financial results for the period and year to date.  This includes a summary of my spending, budget, and some ratios to benchmark portfolio