Market Structure Insights
October 6, 2021
Why do you hold an Analyst Day? Traders and investors, these are what Joel Elconin on Benzinga Premarket Prep this past Monday called “the dog and pony show.” For the investor-relations profession, the liaison to Wall Street, it’s a big deal, ton of work. We...
September 29, 2021
It’s window-dressing. That saying suggests effort to make something appear better than it is. And it’s a hallmark of stocks in today’s Relative Value era where the principal way we determine the worth of things is by comparing them to other things (true of stocks,...
September 22, 2021
Bucket-list seeing Colorado aspens in autumn. It will remind you that the planet is a living canvas and that everything is going to be okay. Now, what about the stock market? I said last week in the Market Structure Map: “Predictions? I bet we rebound...
September 16, 2021
If stocks rise when VIX options expire, is it good or bad? It’s data. That, we know. If you’d never considered a relationship between stocks and options, welcome to market structure. It’s something every public company, investor, trader, should grasp. At least in big brush...
September 8, 2021
Are you Value or Growth? Depends what we mean, I know. S&P Dow Jones says it distinguishes Value with “ratios of book value, earnings and sales to price.” It matters because Growth is terrorizing Value. According to data from the investment arm of AllianceBernstein,...
September 1, 2021
Suddenly it’s September. Statistically, the worst month for stocks. It’s then no surprise that SEC Chair Gary Gensler would start hucking Molotovs at market structure. If you’re gonna do it, why not when stocks might be rocky? Gives you air cover. For those who missed...