Now Presenting the Bear Case
A respected former colleague of mine absolutely loved to play devil's advocate. Whatever investment thesis was posed, he would always take the other side of the argument. Over time, I began to understand and respect this approach. Sometimes his challenge would expose behavioral biases such as confirmation bias or the endowment effect, leading us to reconsider our outlook and positioning.
Dealing With Dollar Strength
About five weeks ago, I wrote an article for stockcharts.com regarding the US Dollar breaking out to the upside. Based on previous resistance and Fibonacci retracement levels, we reviewed upside price objectives for the Bullish Dollar ETF ($UUP).
How to Handle Herding
I was a guest speaker again this week on MarketWatchers LIVE over at StockCharts.com. Always a pleasure to speak with Tom Bowley and Erin Swenlin who demonstrate straightforward and powerful methods to understand the markets through charts.
Time To Sell In May Yet?
I've been chipping away at articles I've stored in my Pocket and just made it through a series of pieces on the "Sell in May" phenomenon. If you're not familiar, the proclamation "Sell in May and Go Away" speaks to the perceived seasonal trend where the US stock market tends to be weaker in the summer to fall period than the winter to spring period.
My Daily Routine, from Kickoff to Postgame
I am naturally quite disorganized. Early in my career, I learned that if I wanted to compete with others in a professional setting, I would need to address this glaring personality flaw. Thus began a lifelong effort to make sure my time and energy was devoted to what is most important to me.
Stall Speed and the S&P (2018 Edition)
Any time I read about a market "stalling" or reaching "stall speed" my palms start to sweat. They are literally sweating right now. Let me share why I'm uncomfortable, then I'll explain why stalls are often an ideal representation of the markets.
The Return of Value?
Growth stocks have been on an incredible run for the last sixteen months, handily outpacing value names. A recent breakdown in the growth to value range suggests this trend may be reversing.
Dialing Up the Dollar
One of the most important lessons I learned as an aspiring technical analyst was to consider multiple time frames in your analysis…
Behold the Power of Data Visualization
The story goes* that in the mid-1800's in London there was an outbreak of cholera. Doctors were faced with an epidemic with people dying off in droves. They needed to get to the bottom of things, and fast.
How to Handle a Range-Bound Market
I’m often asked whether I’m bullish or bearish on a certain market. I always like to remind people that the market can actually go in three directions, listed in order from least painful to most painful: up, down, and sideways.
Hi I’m Dave! Thanks so much for checking out the blog. Check out our free behavioral investing course and don’t miss an episode of Dave’s daily market recap show!
“Those who can not remember the past are condemned to repeat it.”