Market Structure Insights
April 20, 2016
Imagine you were driving and your throttle stuck. Our market Sentiment gauge, the ModernIR 10-pt Behavioral Index (MIRBI) has manifested like a jammed accelerator, remaining above neutral (signaling gains) since Feb 19. At Apr 15 it was still 5.4, just over the 5.3 reading at...
April 13, 2016
If someone says he’s going to make water, it means one thing. If he says he’s providing liquidity, it means another. We should clear (and perhaps clean) that up. In the stock market, some firms call themselves “liquidity providers.” The term suggests they’re creating something...
April 6, 2016
Have you ever set an important goal? Whatever your objective, you must plan how to arrive at your final destination as though it were a journey and you were constructing a map or set of directions. And then you persevere, letting nothing deter your purpose....
March 30, 2016
There’s a mistake in last week’s Market Structure Map. We never made it to Boston! The forecasters missed it and snow walloped us with a ferocity that shut Denver International Airport by air and land and we were stranded for nine hours before daring “impassable”...
March 23, 2016
Karen and I are in Boston seeing friends at the NIRI chapter (we sponsor) and our trip today like last week coincides with snow in Denver. Next winter if the slopes turn bare, we’ll schedule a couple flights to bring in the blizzards. Last week...
March 16, 2016
Karen and I are in the Windy City visiting the NIRI chapter and escaping gales on the Front Range that were delaying flights to Denver and blowing in spring snow due Friday while we’re in Palo Alto for the Silicon Valley NIRI Spring Seminar (we...