Monday, December 19, 2016

Stocks In Beginning 2017 Have Rich Premiums

Looking for opportunities in the Q8 looks a bit daunting relative to where these stocks were when Obama took office in January 2009.  CoverRisk calculates the value of a stock, futures, whatever based solely on price and the performance of long/short models.  Discounts in 2009 reflected near panic liquidations leading into the March 2009 lows.  Today, premiums reflect a complete reversal from the 2009 discounts as large premiums have developed to accommodate the reach for price in thin declining volume markets.