The Market Structure Map
July 3, 2019
While France roasts on both the heat of the US women’s soccer strikers and mother nature’s summertime glow, in Steamboat Springs Lake Catamount sits alpine serene, and it was 46 degrees Fahrenheit (about the same read in Celsius in France) on our early bike ride...
June 26, 2019
This is what Steamboat Springs looked like June 21, the first day of summer (yes, that’s a snow plow). Before winter returned, we were hiking Emerald Mountain there and were glad the big fella who left these tracks had headed the other way (yes, those...
June 19, 2019
Every investor and public company experiences volatility – the rate of change in prices. So every investor and public company should come to the market with a baseline grasp on what others do about the rate of change in prices. Notwithstanding how Rate of Change...
June 12, 2019
We’re back! At the NIRI Annual Conference last week in Phoenix (where foliage defied fiery environs) we launched an ad campaign for investor-relations professionals that graced the escalator wall into the hall, and the ModernIR booth hummed. I had the honor of co-vice-chairing, and my...
May 29, 2019
Numbers matter. But not the ones you think, public companies and investors. For instance, the best sector the past month is Utilities, up 3.5%, inversing the S&P 500’s 3.5% decline over that time (a 7% spread trade, we could say). Utilities were worst for revenue...
May 22, 2019
Your stock may collateralize long and short Exchange-Traded Funds (ETFs) simultaneously. Isn’t that cognitive dissonance – holding opposing views? Jekyll and Hyde? It’s akin to supposing that here in Denver you can drive I-25 north toward Fort Collins and arrive south in Castle Rock. Try...