Earnings and Alpha
Corporate earnings are at loggerheads with how the market works. Earnings foster volatility and all the money wants the benchmark.
View page Search Results for: ETFs – Page 9
Signs and Wonders
You wonder what’s going to happen next. I mean, look around. The South Carolina women ran ruthlessly through everyone, capping a 38-0 season with the NCAA basketball championship. Right before a total eclipse not of the heart but of the…
View page
Sherlock Holmes Market
Is impending volatility predictable? Sherlock Holmes would not tell Watson it’s elementary, that’s for sure. But there is a tale behind the tape. Permit me to tell it. I wrote this last week: Some volatility you can’t control. The market…
View page
What Money Wants
Vanguard founder Jack Bogle said to own the averages. Index funds. That seed germinated into a tree that filled the investment world. Look at Blackrock. More on Larry Fink in a moment. Most of the top 25 owners of US…
View pageDefinitions
Market Structure Alerts – Definitions & Use Behavioral Alerts: Active investment (Story) = The money that buys your unique Story. Active holders with whom you communicate. Fast Trading (Price) = Computerized proprietary day-trading by firms like Citadel, Jane Street. Market-making.…
View page
Everything is Awesome?
What the…? Everything was awesome. Monday. Then yesterday, stocks toppled like a thawed corpse in Nederland (inside joke, there). No obvious reason. Some said it was Jay Powell testifying today and tomorrow. Others claimed it was Big Tech coming apart at…
View page
Magnificence
On Nov 15, 2021, NVDA closed at $345.30 on a hundred million shares of volume. Without context, that information is interesting but unhelpful. I’d note it was a monthly options-expirations date (those are bigger than ever for hedging, and routinely…
View page
Improbable
If I said the name “Sherlock Holmes” to you, what’s your snap response? Probably, “Elementary, my dear Watson.” I have long favored a line by Sir Arthur Conan Doyle, written for his fictitious detective Sherlock Holmes. Eliminate the impossible and what…
View page