click for ginormous graphic
Source: United Republic
Hat tip Fabius Maximus
Category: Digital Media, Politics, Really, really bad calls
I wish I could find a public link for this: Merrill Lynch just put out a very cool 60 page “primer” on Technical Analysis. It covers the core concepts behind technicals, including Trends, Relative Price Analysis, Price Momentum Indicators, Reversals, The importance of volume, Support and Resistance, Market Breadth Market Sentiment, The Fibonacci…Read More
Category: Digital Media, Technical Analysis, Trading
My morning reads: • This Bull Is Like the Tech Bubble, but Different (Businessweek) • 63 Brand-New Quotes From Warren Buffett (Motley Fool) • What Does Japan Mean For The Rest of the World? (Tim Duy’s Fed Watch) see also Mrs Watanabe all over the map but values not yet back to 2007 (Investing Japan’s…Read More
Category: Financial Press
“If you’re bullish and wrong, you usually have plenty of company. But if you’re bearish and wrong, it’s almost unforgivable.” -Bob Kargenian, TABR Capital Management, Barron’s DECEMBER 15, 2012 The above quote from Barron’s has been on my mind for a while. I thought of it again as the markets have made…Read More
Category: Investing, Psychology, Sentiment, Valuation
Category: Economy, Real Estate, Video
Category: Think Tank
Click to enlarge Source: Pew Research I frequently find most of the arguments used by the pro gun side against standard background checks or reduced size magazines to be mostly silly and emotional. There are numerous simple things we can do to reduce deaths, accidental or otherwise. There are no legitimate arguments, only paranoid…Read More
Category: Think Tank
My afternoon traffic court reads: • Markets and Memory Banks: Why Investors Can’t Imagine a Collapse of the Bond Market (Total Return) • This Time It’s Different, Really (Money Beat) • Don’t just do something, sit there! In Soccer and Investing, Bias Is Toward Action (Bucks) • How the Case for Austerity Has Crumbled (New York…Read More
Category: Financial Press
Last week, I posted the above chart from the NY Fed’s Liberty Street Economics. This morning on Squawk Box, David Tepper of Appaloosa discussed it — and his comments reversed the futures from negative to positive. Here is a brief explanation of what this chart — a compilation of 29 valuation models — means:…Read More
