Posts filed under “Psychology”

Gasoline Prices & Presidential Approval

Lots of polling data out this week: Here are few separate charts of Presidential Approval rating of key polls (composite);  Prez Approval inapposite to gasoline; And then an inverse gas chart:


WSJ Composite Major PollsWsj_poll

Source: WSJ/NBC


If this was a stock, I’d advise management to revisit whatever they did in Q3 2001, and Q1 2003.  (Uh-oh.  Perhaps that explains the saber rattling versus Iran).

The next chart comes to us via Paul Kedrosky’s Infectious Greed:  Paul notes that "inverse relation between retail gas prices and President Bush’s approval ratings is worth pondering."

Bush Approval and Gasoline Prices

Hardly spurious, Paul — gas prices generate a visceral reaction, and the public wants to blame someone — either the oil companies or the President.  (Hey, do you think all those SUVs you fat bastards are driving have anything to do with it?)

Lastly, have a look at this chart, which inverts gasoline prices.   


via Professor Pollkatz


There is clearly a correlation — is it causative, or are the same underlying factors driving both issues? I tihnk it may some of both . . .

Category: Commodities, Markets, Politics, Psychology

SUV fill up index

Category: Commodities, Politics, Psychology

Instinct and Emotions in Investing

Category: Financial Press, Investing, Psychology

Its now official . . .

Category: Economy, Markets, Psychology


Category: Earnings, Psychology, Technical Analysis, Trading

Apprenticed Investor: Seven Steps for Handling Stock Tips

Category: Apprenticed Investor, Investing, Psychology, Technical Analysis, Trading

State of the World We Live In

Category: Markets, Psychology

Scaling versus Averaging

Category: Apprenticed Investor, Markets, Psychology, Technical Analysis, Trading

Why Buy-And-Hold Strategy Doesn’t Work for So Many Investors

Category: Apprenticed Investor, Investing, Psychology, Technical Analysis, Trading

Complacency anyone? (Wall of Worry vs. What, Me Worry?)

Category: Commodities, Markets, Psychology