Chevron and Exxon Release Earnings this Week – Covered Calls

Two of the world’s largest oil companies, Exxon (XOM) and Chevron (CVX), are gearing up to release their quarterly profit reports this week. Let’s take a look at some of the reasons ($93/barrel oil) the numbers might be good and some of the rationale behind why some analysts believe the companies might come in lower than expected. Continue reading

Options on Index ETFs

The Dow is up about 1500 points (13%) over the past year and at its high earlier this month, the index was up over 2000 points. The NASDAQ is up around 20% over the past year. These are delicious results and it would be nice if the next 52 weeks were guaranteed to be as prosperous. Continue reading

Housing Markets in Most Developed Countries Following US Lead

The USA Today, the Wall Street Journal, and the New York Times have all run articles recently on the likely fate of the worldwide housing market. The narrative is fairly similar: Home prices are falling after a decade of double-digit increases in some of the world’s hottest housing markets. Continue reading

Overview of a Finish and Scandinavian Companies on Eve of Nokia’s Earnings Announcement

Finland is a land of many lakes, trees, endless days in the summer and a period of 51 grueling sunless days in the winter. It has been rated the freest nation in the world, according to international groups who rate such things, and has twice provided the world with the winner of the Miss Universe pageant (including the first woman to win the pageant in 1952). Continue reading

Citi Disappoints – A Bearish Look at the Financial Sector

Citi (C) was down nearly 3.5% today despite beating analysts’ estimates. Overall, the company raked in $2.4 Billion last quarter. Unfortunately this is nearly 60% lower than the same quarter last year. Continue reading

Covered Calls on Stocks Held by Bill Gates

Bill Gates invests through a vehicle called Cascade Investment Holdings. On the blog today, we thought it might be interesting to look at the investment fund’s top held equities and a potential covered call investment strategy involving them. Continue reading