Market Structure Insights
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, Growth...
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...
August 25, 2021
Where’s what going? Time? Hm. Money? Well. Yes. It abounds and yet it doesn’t go far. Why that’s the case is another story (I can explain if you like but it usually clears a room at a cocktail party). First, if you were spammed last...
August 18, 2021
Things are getting worrisome. It’s not just our spectacular collapse in Afghanistan less than a month before the 20-year anniversary of Nine Eleven. That’s bad, yes. Inexcusable. It’s not the spasmodic gaps in supply chains everywhere – including in the stock market. It’s not bond...
August 11, 2021
The starting point for good decisions is understanding what’s going on. I find it hard to believe you can know what’s going on when you’re authorizing trillions of dollars of spending. But I digress. Investor relations professionals, when was the last time you called somebody...