We are playing a rather large amount of BAC options

This is a trade we are watching closely.  We are also long BAC.  There is nothing we can add to the story, it's too well documented.  There is a lot of insider buying at prices a little up for here…


Muni bond debacle

Muni bonds in the last three weeks have fallen out of bed. Normally I disdain these investments but we are nibbling at multiple Invesco Van Kampen funds yielding an amazing 8%. Symbols include…


The Euro Collapse or Evolution?

It almost seems a certainty that a run on the bank is taking place.  This particular run is the wholesale repudiation of the sovereign debts of the PIGS, Portugal, Ireland, Greece, and Spain.  Where…


Bank Stocks

They looked oversold and we have been nibling at them making a little money, losing a little money. Yesterday as soon as the WSJ broke a story about the Fed allowing them to start offering dividends…


About HSAX & CO., LLC

HSAX & CO, LLC is an independent investment advisory firm based in Park City, UT.  Its managing member, Harvey Sax, has earned a national reputation for substantially outperforming the market in…