Fantastic article from Mindful magazine this morning about combatting confirmation bias.  As a reminder, confirmation bias is where you first develop a thesis ("I'm bullish.") and then you look for evidence to support this opinion...

Overwhelmed with the markets and life in general?  Remember Rule Number Six!  A simple message to not take life too seriously.

"Two roads diverged in a wood and I... I followed price... because that's what is most important."  -David Keller

So I posted this recently on Twitter 

"Be happy in the moment, that's enough.  Each moment is all we need, not more."  -Mother Theresa

I'm on my way back to Cleveland after speaking at the Bloomberg Buy-side Forum in New York.  Yesterday I sat in on a fantastic panel on the active vs. passive debate

I wrote a piece earlier for stockcharts.com discussing home bias, which is the tendency for people to own companies that are located close to their home.  One of the ways I suggested to combat this bias was to make sure to screen for stocks across markets and regions...

I recently listened to an interview with Rob Arnott from Research Associates entitled "Rob Arnott on Why Active Managers Fail."  Despite its poorly worded title (Rob explains why some active managers do outperform, see below), it's definitely worth a six minute listen...

"Those who do not study the past will repeat its errors.  Those who do study it, will find other ways to err!"  -Bob Farrell

As part of my normal routine of screening for ETFs making meaningful moves, I look for those with an RSI less than 40...

Back on February 17th, I wrote about the availability heuristic and breakouts that were happening in a number of index charts.  As a review, if all you see are breakouts, I find it helpful to identify charts that look different...

"Be fearful when others are greedy, and greedy when others are fearful."  -Warren Buffett

I run a scan on stockcharts.com for ETFs making 65-day highs and another for those making 65-day lows.  Not surprisingly, today's low screen is full of commodities, energy, gold, oil, etc...

Listened to an interesting podcast where the Bloomberg Odd Lots people interviewed chess player Hikaru Nakamura, who achieved Grand Master status at a younger age than Bobby Fischer...