The Market Structure Map
January 10, 2024
Total nonfarm payroll employment increased by 216,000 in December. So said the headline from the Bureau of Labor Statistics in its monthly report on jobs in the USA. These figures are often revised after the fact by 50%, as happened in the trailing two months...
January 3, 2024
Will this be the year? Speaking of which, happy New Year! The year for what, you ask? I was reading an Institutional Investor piece yesterday from the NIRI IR Update Daily on what investment managers see. Forty-one percent expect a 2024 decline in revenue. Why?...
December 13, 2023
Anything you say can and will be used against you in the stock market, public companies. By machines. And I don’t mean just that stocks get hammered like ORCL yesterday, down 12%. Stocks that rise 24% on earnings like PATH don’t benefit in the long...
November 15, 2023
One time in your life, attend a Texas A&M Aggies football game. There’s a lesson. The lesson isn’t that it’s pretty great to get fired as a Division One football coach and earn generational wealth. Now, had I known, I might have focused more on...
November 8, 2023
It’s November and I’m in jeans and flip-flops as I was in Denver in July. It’s 75 degrees. But in Aspen last week for a break around my birthday, it was decidedly wintry. So winter is coming. But winter ended suddenly in the stock market...
October 27, 2023
There are 1,500 companies reporting results this week, a flood of earnings releases all seeking to differentiate a story, a company. At the same time, the Market Structure EDGE quantitative test portfolio limited to just five stocks could find only four, signaling a shift...