The options on this one aren’t liquid enough to lure me in, but I wanted to share Bunge (BG) with you, since it seems like a very appealing long-term short setup.

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The options on this one aren’t liquid enough to lure me in, but I wanted to share Bunge (BG) with you, since it seems like a very appealing long-term short setup.

From my colleagues at tastytrade:

My brain isn’t good at much. I don’t have a knack for math. I’m lousy at remembering names of human beings. And I bet if I tried to be an actor, I’d forget my lines. I am, however, very good at analogs and metaphors, and they’re always creeping into my head, uninvited.
The latest one involves something in which I have a weird fascination, which is the peculiar and frankly gross recipes that seemed so popular from the early 1950s until the early 1980s. I run across these on a daily basis. Here’s just a small sampling, with a particular emphasis on what seems to have been a fetish in the United States: Jello-O based molds. Shield your eyes, Frank.
(more…)One would think this morning’s ice-cold PPI numbers would send bonds rocketing higher. Nope, the five-year bear market in bonds (I say again – -why can’t we have a world in which I can type those words about the EQUITY market??) continues apace, as vividly illustrated by the fund TMF, which is the leveraged bullish fund.

The biggest story these days is, of course, the hellscape of southern California, which looks like a post-nuclear warzone. This is what is left of Ryan O’Neal’s house.
