The book Quantitative Momentum by Wes Gray and Jack Vogel describes in detail how to build a momentum model.  Backed up with the history of financial analysis, limitations of momentum investing and tons of backtested data.  Thumbs up.

Recent upward moves in Telecom and Utilities force me to revisit two relatively boring sectors.  There are plenty of more attractive sector charts out there, but the IYZ and XLU are both worth a second look.

I started my weekly ETF screen a bit early this week to see how things were playing out before the weekend.  I had a feeling it might look fairly rosy, but it was a little over top rosy this time...

JC Parets, a very capable technician as well as fellow wine aficionado, wrote a great post on All Star Charts comparing sommeliers to technical analysts.  Specifically, he discussed the methodical way in which sommeliers evaluate a wine during a tasting to the methodical way that a technical analyst reviews the weight of the evidence...

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...