Keynes Dark Prophecy

crystal_ball_fortune_5900

Keynes Dark Prophecy Casino capitalism is what Keynes called it. When speculation runs rampant in the markets. In the 80’s, Warren Buffett famously lambasted financial derivatives. He said they served no social value, and instead of doing the work of the invisible hand, they were “an invisible foot kicking society in the shins.” He took more »

How to tell if a rally (or decline) will have legs

buggy_frog_prince_167

How to tell if a rally (or decline) will have legs “She’s got legs, she knows how to use them. She never begs, she knows how to choose them. She’s holdin’ leg wonderin’ how to feel them. Would you get behind them if you could only find them? She’s my baby, she’s my baby, Yeah, more »

Big Brother Forces You to Report if You Have 100 of These

guard_with_security_camera_head_14149

Big Brother Forces You to Report if You Have 100 of These Personally, I’m an advocate for privacy. I don’t think grannies should be getting pat downs at airports. The NSA should not be spying on its own people. Yet when it comes to position limits and reporting in the markets, I’m all for it. more »

How to force the top 100 Wall Street analysts to work for you – for free

dollar_sign_with_wings_13589

How to force the top 100 Wall Street analysts to work for you – for free The median income of a Wall Street analyst is $83,000 per year according to Emolument (a salary benchmarking website). That’s higher than the average salary, but some of these guys work their tail off – 60+ hours a week. more »

October 19th Crash

figure_falling_with_arrow_17621

October 19th Crash On August 25th, 1987, the stock market hit a new all-time high. By October 19th, less than two months later, the S&P 500 was down a whopping 33.2%. A year’s worth of gains were wiped out in a week of hard selling. The final day of the crash saw stocks drop 22%. Ripples more »

The Great Technical Analysis Bamboozle

clown_stick_figure_juggling_17076-3

The Great Technical Analysis Bamboozle Who doesn’t like to win giant stuffed animals at the fair right? The idea of becoming the hero and delivering a furry prize to your main squeeze is sure to win you brownie points. Like coming back from the hunt with the yummy carcass of a wild animal. You ever more »

Near death experience

cpr_chest_compressions_7097

Near Death Experience I was driving back from the grocery store as I’d done a thousand times. I crossed the busy intersection, only this time from the corner of my eye I caught the shape of another vehicle zooming straight for me. There was no time to react. The SUV was headed straight for my more »

Exposed: Big name trading data is junk! (Here’s how to check)

over_eating_on_couch_pc_5334

Howdy! I don’t mean to cause you any anxiety, so please don’t shoot the messenger when I tell you this… Several years ago when doing research for my book, The Relaxed Investor, I noticed something…odd. Our charts didn’t match some of the biggest vendors in the industry. Big names that you would instantly recognize. To more »

This might save your life, but kill your portfolio

gun_bullets_angle_17706

  Would you agree that most people trust their “gut”? AKA intuition or instinct? Would you also agree that most traders lose money? Do you think it’s possible there could be a connection between gut instinct and poor trading decisions? Let’s discuss… In a fascinating experiment called the Iowa gambling task, players are shown four more »

Secrets of the “Knuckle Curve”

stick_figure_swing_baseball_bat_10032

Howdy! The widely followed S&P 500 futures market hit new highs yesterday after a disastrous start to 2016. Yet there have been sectors in the market that hardly saw a decline in January. Sectors like consumer staples (XLP) have been making new highs for two months. Junk bonds (HYG) have been one of the big more »

Page 2 of 7