It’s been a tough start for global stock markets in 2016. S&P 500 is down by about 8% YTD and it could go even lower. Does that mean you shy away from the market? Not necessarily… By nature, stock markets are volatile; sometimes they go up and sometimes down! There have been 123 corrections (10%+ […]
Written blog post
Anyone? Anyone?
“Anyone, Anyone?…” – Ben Stein from Ferris Bueller’s Day Off “Bueller, Bueller, Bueller…” Last week I had the opportunity to be a guest speaker for the undergrad finance derivatives class at the University of Calgary. I like to do this every semester at U of C and SMU in Dallas. I highly recommend it to […]
Under Pressure
We’ve had a significantly different market in 2016 than many people are accustomed to trading. Overnight gaps, intraday reversals and huge ATR’s have made it a more challenging trading environment than the previous several years. If you’re accustomed to nice, neat, well-behaved markets, this year has been an eye-opener. Perhaps you’ve had some losses. Perhaps […]
Booyah!
We all know where that comes from. You guessed it, Jim Cramer. He is entertaining, but would I like to put my hard earned money into his recommendations? Considering his batting average is around 47%, I’d advise against following him or anyone for that matter. Regarding the network from which his program is aired, I […]
So what’s your real risk in the trade?
In my article “The Beauty of Planned Capital”, I mentioned the trader who reported his profit by completely ignoring his potential risk. I’m sure that everyone reading thought, “Geez, what a goof! I’d never do that! I know MY risk!”. Hooray for you! I hope so. But…I keep hearing people say things that make me […]
The Road Trip Trade
Clark Griswald (talking about Aunt Edna): She can’t weigh more than 100 pounds. Ellen Griswald: Oh no. You can’t just put her on the roof. Audrey Griswald: Yes, he can! Clark Griswald: You want me to strap her to the hood? She’ll be fine. It’s not as if it’s going to rain or something. Ah…Family Vacation. We […]