Enis’s Macro Wrap – P/E of S&P 500

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Back up and running here in midtown New York, but downtown is still mostly without power.  The flooding on Monday night at high tide is what did the real damage.  See Dan's twitter photos … [Read more...]

New Trade RL – Luxury No Longer in Vogue

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Here’s a preview of what I’ll be talking about on Options Action tonight on CNBC at 5pm: Event:  RL reports their Q3 Wednesday Oct 31st before the open.  The options market is implying about a 6% … [Read more...]