Author Archive

Shaggy Off: Steve Higgins vs Shaggy

Higgins and Shaggy go head to head in a rap battle to determine who’s the better Shaggy.

 

Category: Friday Night Jazz, Music, Weekend

Succinct Summations of Week’s Events 4.24.15

(Very) succinct summations for week ending April 24th: Positives: 1. The S&P 500 made a new all-time high. 2. Mortgage applications rose 5% w/o/w. 3. The NASDAQ Composite closed at its highest level in fifteen years. 4. Initial jobless claims came in at 295k, the seventh week below 300k. 5. Durable goods increased 4%, vs…Read More

Category: Markets

Nasdaq Bubble Stole From Future Returns

Yesterday, we discussed why the Standard & Poor’s 500 Index has gone sideways for the past few months. The prime suspects were rich valuations, earnings crimped by falling energy prices and higher returns to be had overseas. Today, I want to look at the Nasdaq Composite Index. It closed at 5,056.06 yesterday, surpassing its March 2000 dot-com…Read More

Category: Markets, Psychology, Sentiment, Valuation, Web/Tech

Is the Nasdaq in another bubble? (An Interactive Journey)

Click for crazy cool an interactive roller coaster. Source: WSJ

Category: Cycles, Digital Media, Markets, Valuation

10 Friday AM Reads

As the week comes to a close, we begin prepping you for the weekend with our expertly curated morning train reads: • Zweig: Don’t Overpay for Technology Again (MoneyBeat) see also Turning the Nasdaq crash and recovery into a POV rollercoaster ride (WSJ) • Michael Lewis: Crash Boys (BV) • Facebook and the Feed (stratechery) see also Facebook changes its…Read More

Category: Financial Press

New All Time Nasdaq Highs

Nasdaq Surge Lifts Internet Boosters of the Past Source: WSJ  

Category: Markets, Technology

1965 Sunbeam Tiger

Looks a lot like the classic MGB GT to me! Inspired by the Shelby Cobra, while eyeing the sales numbers of the larger Ford Mustang, the Sunbeam Tiger was a mashup. Using the same 4.7-litre Ford V8 (200HP). Jensen Motors in West Bromwich, UK produced 7,100 of these V8 muscle-cars between 1964 and 1967. They looked identical…Read More

Category: Weekend

Giant Elliptical Galaxy

  Two very different galaxies are drifting through space together in this image. The peculiar galaxy pair is called Arp 116 which is composed of a giant elliptical galaxy known as Messier 60 or M60 (C) and a much smaller spiral galaxy, NGC 4647 (upper right). Image by Handout / Reuters via Buzzfeed

Category: Science, Weekend

The Market Rhythm Deciphered

Source: @Trader_Dante

Category: Cycles, Humor, Psychology, Trading

What is Market Breadth Telling Us ?

During the past few years, I have referred to market breadth as one of the more important metrics of the stock market’s health. As we close in on new highs in the cumulative advance-decline line, it is time to revisit this internal indicator. As the chart below shows, the Standard & Poor’s 500 Index has rallied from…Read More

Category: Markets, Technical Analysis