Category Archives: On Markets

Manias, Past And Present

Posted on January 13, 2018 by rodroth

Stare at the chart below, history is being made: A rational buy-and-hold investment strategy, cultivated by persistent increases over several decades, has come to a frightening  moment in the U. S. stock market. The Dow Jones Industrial Average has soared … Continue reading →

Posted in On Markets | Comments Off on Manias, Past And Present

Quintessencially Speaking

Posted on December 15, 2017 by rodroth

The mind wants to know all the world, and all eternity, even God. The mind’s sidekick, however, will settle for two eggs, over easy. –Annie Dillard, The Abundance Riffing on my favorite TV meteorologist (Look it this picture, folks, isn’t … Continue reading →

Posted in On Markets | Comments Off on Quintessencially Speaking

On The Eve Of A 200 Year Top In The U.S. Market

Posted on October 10, 2017 by rodroth

The following is quoted from the August 4, 2017 issue of The Elliott Wave Theorist. Permission granted by  Bob Prechter, author. “…the setup is reminiscent of 1929, which kicked off the biggest bear market in U.S. history with a crash that erased … Continue reading →

Posted in On Markets | Comments Off on On The Eve Of A 200 Year Top In The U.S. Market

Indian Summer

Posted on September 14, 2017 by rodroth

It is said that the market climbs a wall of worry. That is certainly so in the first leg up. Just when it seems the problems of the recent depression are being dealt with, a break in the action pulls … Continue reading →

Posted in On Markets | Comments Off on Indian Summer

All But Over

Posted on August 28, 2017 by rodroth

Don’t think. It’s the best advice I can give you. —from Isaac, by Ray McManus This will be my last essay on stocks for the remainder of the Grand Supercycle bull market. The preferred scenario is for the correction underway … Continue reading →

Posted in On Markets, Socionomics | Comments Off on All But Over

When Words Fail Me

Posted on August 9, 2017 by rodroth

There is always an abundance of stupid stuff going on at big market tops. This one is a stunner: The VIX is a sentiment indicator that shows the implied volatility ahead. Low volatility is associated with rising markets and high … Continue reading →

Posted in On Markets | Comments Off on When Words Fail Me

On Nature’s Way

Posted on July 4, 2017 by rodroth

The real trouble with this world of ours is not that it is an unreasonable world, nor even that it is a reasonable one.  The commonest kind of trouble is that it is nearly reasonable, but not quite.  Life is … Continue reading →

Posted in On Markets | Comments Off on On Nature’s Way

Antifragility: Nature’s Cure For Dystopia

Posted on June 2, 2017 by rodroth

I try not to finagle God. Some days go better than others, especially during elections years. I ask that God’s will be done, and I mostly sort of mean it. —Anne Lamott To survive, natural systems have to periodically get … Continue reading →

Posted in On Markets, Socionomics | Comments Off on Antifragility: Nature’s Cure For Dystopia

Correlations That Count

Posted on May 8, 2017 by rodroth

But small stalks in the sun speak a harder truth— everything unwilling to change will die, everything that changes only dies a little –Ray McManus, from Red Dirt Jesus Feeling comfy with a 401k full of stocks? Might do to chew … Continue reading →

Posted in On Markets | Comments Off on Correlations That Count

High Confidence, High Risk

Posted on April 5, 2017 by rodroth

Sauve qui peut! I used to read The Economist Magazine. Great reporting, written in prose that brought out the Anglophile in me, made me feel smart. Too bad it didn’t help me with what I most wanted, which was to know … Continue reading →

Posted in On Markets | Comments Off on High Confidence, High Risk