The number one question investors should be asking themselves at all times is “what is my investment horizon?” More specifically, “what is my time horizon?”
Models Are Not Reality
The Unnecessary Defense of Technical Analysis
A Long Term Orientation
I am just wrapping up my first week of hosting my closing bell show on StockCharts TV, The Final Bar (you can catch it on weekdays at 4pm EST). Most of the days this week I have had the opportunity to have a guest on the show. This has given me the opportunity to pick the brain of some really capable market strategists and analysts. The one thing that has struck me the most is that I give them 3-5 minutes to give me their individual take on the market and most of them are coming at me with really long term charts.
Mighty Momentum and Breaking Banks
Two themes stand out as I review the charts this week. First, the leadership of the supersized MANIA names that seem to dwarf everything else. Second, charts in the Financials sector that have been notable underperformers over the last six weeks. Let's review both of themes and let the charts tell the story.
Bull Market MANIA: Tracking the True Leadership
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.
Getting Your Head Around Amazon
"Amazon makes no sense," begins a recent article trying to grasp the impact of this one company on so many other companies and industries. As Bloomberg points out, "Executives at the biggest U.S. companies mentioned Amazon thousands of times during investor calls last year, according to transcripts—more than President Trump and almost as often as taxes."
The Beauty of a Range-Bound Stock Market
A sideways, or range-bound, market represents an equilibrium between buyers and sellers. I wrote a piece over at seeitmarket.com recently about the S&P 500 settling into a price range between its 50-day moving average (a common short-term trend indicator) and its 200-day moving average (a good long-term trend indicator).
Bubble Charts and Big Media
I was very interested to see the folks at Visual Capitalist run a piece on big media stocks and how the industry has evolved. Their main infographic illustrated the relationship between the largest media names, with an emphasis on the impact of key mergers in the works such as between Disney and 21st Century Fox.