Market Structure Insights

dreamstime m 76839447
March 16, 2022

Shocking. No other word for it. Yesterday as VIX volatility futures settled on an odd Tuesday, Barclays suspended two of the market’s biggest Exchange Traded Notes (ETNs), VXX and OIL. Let me explain what it means and why it’s a colossal market-structure deal. VXX is...

Eyes Wide Open
March 9, 2022

Here’s my grand unified theory on the world. We stopped following the rules. Not that humans don’t color outside the lines routinely. But in the last two years we jettisoned restraint. That gave rise to chaos in the stock market, imperialism in Ukraine. Here’s what...

symbol of geopolitics the world globe with chess pieces
March 2, 2022

The stock market last week posted its best day since 2020 and gave it back. Why? And why does your stock rise while another falls, and how do stocks trade today? I’m glad you asked! A week ago on Feb 23, the market moved clear...

Sell Off Freeway Sign Selling Stocks Panic Divesting Investments
February 23, 2022

I took a screenshot yesterday at 2:22pm, on Feb 22, 2022.  Sign from God? Turning point? Hogwash? Those are better than most proffered reasons for the stock market’s moves. Lately it’s been delivering pain. Blame goes to Ukraine, where the Gross Domestic Product of about...

February 16, 2022

See this photo?  Winter Carnival in Steamboat Springs. The Old West. Sort of. People ride shovels on snow down main street behind horses. Now. What the hell is happening in extended-hours trading? Could be a shovel ride. You might’ve forgotten with the pace of news...

dreamstime m 35557373
February 9, 2022

One hundred seventy-eight companies reported earnings yesterday. Could one predict which would rise or fall? There are 148 on deck today, 149 tomorrow.  The high point here in the Q4 2021 cycle was Feb 2 with 330. Back in early 2016, Goldman Sachs found that...

Want to know your Passive characteristics? How to rethink your earnings reporting cycle?