Price discovery used to be a process of buyers and sellers determining fair value for an asset. Now, it’s only about supply of money vs supply of stock…even bankrupt stock.
Prepare For A Failed Breakout
But 20% unemployment and Nasdaq is at all-time highs…who would have thought?!
The Illusion Of Certainty
One of the major psychological benefits of #trading options is you can always structure a trade where your worst case scenario is defined, limited and known up-front. This makes getting comfortable with the uncomfortable a lot easier š
Things Happening Under The Hood?
Like many people I speak with, Iām āmentally bearishā. The stock market is rallying, the Nasdaq nearing is new highs, while retails sales and industrial production are plummeting and we have 36 million unemployed. None if this āgelsā with me. But Iām a technical trader and I donāt want to fight the tape. So what […]
The Fed vs. Main Street
The past two months has been a showdown between the real economy vs the Fed. So far, the Fed is winning. Are there any good reasons to expect that will change in the near term?
The Stock Market Is Never Wrong
The stock market is never wrong…or right. those terms apply only to our expectations
What Do These Charts Say About The Stock Market?
What are the VIX, the Nasdaq and Bonds trying to tell us?
The Economist Magazine
The Economist magazine is famous for publishing magazine covers that prove to be great contrary indicators. If the latest Economist cover is anything to go by, we should expect Wall Street and Main Street to re-couple soon. What we donāt know (yet!) is whether the economy will catch up with the stock market, or whether […]