The Retail Investor Jumps Ship

“The ES_F can’t get above the vwap and high volume node.” “SPY –a perfect symmetrical triangle on the one minute.” “Obama jobs report baked in. I’m short until tomorrow’s real report then we get a fluff rally.” The above comments were lifted from a daily internet...

Don’t Try to Pick a Market Bottom

In my 28 years on Wall Street I’ve lived through over thirty stock market corrections worldwide. Not once have I been able to call a market bottom. I gave up trying long ago and it has not hurt my performance at all. Here’s why. The truly deep market declines (like...

Technical Analysis-Ya Gotta Love It

Many so-called financial professionals as well as academic experts debunk technical analysis or TA: the study of charts in an attempt to uncover future trends in market activity. The venerable Efficient Market Hypothesis, the bible in American Business schools,...

Where Have All the Flowers Gone?

Overall, Socially Responsible Investing has taken its share of losses in 2008 but has faired no worse than the rest of the market. That runs contrary to its detractors who believe SRI, the investment strategy of combining financial return with social good, is an idea...