Ask not that the journey be easy, ask instead that it be worth it – Author unknown I was having lunch with my partner and a client yesterday when the conversation turned to trading (imagine that), and in particular what keeps a trader from being consistently profitable. There are countless reasons why most [...]
I know sometimes all the fancy terminology can confuse us when it comes to the esoteric derivative products that now trade on Wall Street. Few (including those that structure them) understand the ramifications and potential destruction they can cause should something go wrong. In light of all the confusion, I thought I would show a [...]
I thought I would take a moment and point out a few things concerning the current sentiment readings in the stock market. Traditionally these indicators, like most have limited predictive qualities except for when they reach extreme conditions. They tend to be more reliable when in extreme territory, especially if there are other conditions [...]
It seems to me that back testing trading strategies before trading them is becoming increasingly more popular these days. The evolution of the “sophisticated” trading platform now offers investors access to “back testing strategies” as well as fast and cost effective execution. The “do-it-yourself” fad is on the rise, and who can cast blame when [...]
“I think you can short just about everything, somewhere between now and May we’re going to have a real rollover. Think about this progression. In October the bond market topped out. In November the Dollar bottomed. In December Gold and Silver, and the utilities average, go figure that one, topped out. In January the CRB [...]
“It’s déjà vu all over again,” said Yogi Berra. The baseball Hall of Famer could easily have been predicting the coming resurgence of new natural gas–fired power plants. A couple of nuclear plants may actually break ground, but don’t hold your breath. Many more wind turbines will dot the landscape as renewable portfolio standards dictate resource [...]
