We’re back! We recommend Barbados but we didn’t see Rihanna. We also endorse floating around the Grenadines on a big catamaran turning brown and losing track of time. We had rum off the shore of Petit Tabac where Elizabeth set…
View pageEDITORIAL NOTE: We are on a big catamaran with Painkillers in hand watching the sun dissolve into an aqua Grenadine sea. So while we all float on, here’s Part Two of our return to the past to learn today’s lessons.…
View pageEditorial note: We looked at market Sentiment topping into this week’s options expirations cycle and said to ourselves, “Selves, we should be cheeseburgers in paradise instead of hanging around here waiting for the market to fall!” So we are somewhere…
View pageFactSet says quarterly earnings are up 23% from a year ago. Why have stocks declined? There’s an inclination to grasp at fundamental explanations. Yet stock pickers generally don’t reactively sell because most times they must be fully invested (meaning to…
View pageYou can’t expect the stock market to reflect earnings. I’ll explain. By week’s end, 20% of the S&P 500 will have reported, and earnings are up 17% over the same period last year so far (normalized to about 7% sans…
View pageSpotify ditched convention yesterday with its direct listing on the NYSE. It didn’t raise money or ring the opening bell. It gave shareholders a way out. It’s a touchstone for the state of the capital markets. CrunchBase says Spotify has…
View pageRecent market volatility is, we’re told, investors one day saying “let’s sell everything because of tariffs and a trade war” and two days later “let’s buy in epic fashion because the USA is negotiating with China.” That conforms market behavior…
View pageJakob Dylan (he of Pulitzer lineage) claimed on the Red Letter Days album by the Wallflowers that there are three ways out of every box. Warning: Listen to the song at your own risk. It will get in your head…
View pageOur good friends at Themis Trading wrote last week about a $14 million settlement between the NYSE and the SEC over a series of violations. Why care, issuers and investors? Suppose nobody told you the road you take daily to…
View page