Harvey Sax

CEO’s Who Buy Their Own Stock

As the summer draws closer, we could probably forgive some chief executives for making long, lingering looks out the window. Vacation plans must be scheduled. There are people to see, socially. And for the business? It’s going well enough. The market’s been on a rampage. It can go on autopilot a few months, can’t it? […]

VIX Options

With volaitlity as low as it is, it may now be a good time to hedge a portfolio against some unknown risk such as a geopolitical event, oil shock, sun spot satellite communications breakdown, or financial meltdown to loss of internet or trust in digital transactions.  One good way to do that is to buy […]

Bitcoin and Tech Stocks: A 21st Century Tulipmania? – Barron’s

What’s striking is the role played by the biggest technology leaders, again reminiscent of the dot-com era. According to Bespoke Investment Group, Apple (AAPL), Facebook (FB), Amazon.com (AMZN), Microsoft (MSFT), and Alphabet (GOOGL) accounted for 4.6 of the 7.89 percentage-point gain this year in the S&P 500. Through Thursday, S&P data maven Howard Silverblatt calculated, […]