Category Archives: Uncategorized

Now Comes The Interesting Part

Well, it’s cloudy in the morning, gonna be raining in the afternoon. —Willie Nelson My stock market work is clear today: both the Dow Jones Industrial Average and the Standard & Poor’s 500 Index are tracing out diagonal triangles in their … Continue reading

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The Economy In The Economy

Why complain about life If you are looking for good fish And have followed some idiot Into the middle of the copper market? –Hafiz Tiki died the day before Thanksgiving. She was my housekeeper. She and her team of Hispanic ladies … Continue reading

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At Christmas

I Go Down To The Shore I go down to the shore in the morning and depending on the hour the waves are rolling in or rolling out, and I say, oh, I am miserable, what shall– what shall I … Continue reading

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Accident Waiting…

Better watch your step, Mr. Market! I know you don’t give a damn about the economy these days. You’re all about momentum and the Fed put. Well, the momentum guys, the hedge funds, are losing their asses chasing ever slimmer … Continue reading

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OF Fractals and other Patterns

Once I had a dollar, once I had a dream, now all the work is a bein’ done by a big ole’ machine —Alison Krauss and Union Station, Dust Bowl Children Fractal, per my 1971 edition Funk & Wagnall: n, … Continue reading

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The Cheerleaders

We’re all just walking each other home –Rumi Nassim Taleb, author, seminal thinker, and developer of theories that are likely to endure in the field of uncertainty, never reads newspapers or listens to  commentary on current affairs. He holds it is always wrong. I agree … Continue reading

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Primer on Gambling

So what happens next? Well, it’s not like the sellside (bankers and brokers) is very useful in actually providing actionable advice when something not in the script happens… –Zero Hedge 8/12/15 Then again, considering all of these strategists were 101% confident … Continue reading

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On Optimism

“Thinkin’ about not reading you anymore,” he says, “too damn pessimistic.” “What do you want to read?” “Good news, of course! Not your frickin’ end of history crap!” OK, here: We are constructive on the markets, advising a well diversified … Continue reading

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“Move along, nothing to see here”

“Eventually, the final refuge of speculation is to abandon historically reliable measures wholesale, resting faith instead on the advent of some new era in which the old rules simply don’t apply…” —John Hussman In her New York Times article this week, Suzy … Continue reading

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Primer On Stock Buying

Dear Nathan, You’d like me to help you pick a stock, and I will. But first, let me tell you what I think buying stock is about. A share of stock in a public company is like a boat. It’s … Continue reading

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