The Magnificent Seven
Who are the Magnificent Seven? You’ve probably heard the expression. They are a group of companies that collectively make up more than one quarter of the S&P 500, and over half of the Nasdaq 100. They are: Microsoft (MSFT): $2.965 trillion Apple (AAPL): $2.623 trillion NVIDIA (NVDA): $2.065 trillion […]
Losing Streak
6 Down Days! Last week was truly awful. We’ve now had 6 down days in a row, which got me wondering – how often does this happen? What (if anything) does it mean? So I downloaded SPY data yet again from Yahoo Finance (I think I must be their most frequent customer!) and got to […]
Gold Bulls
Gold Bulls. Gold has had a bit of a bull run recently. Quite a vertical run, in fact. Which is quite a change from where it has been languishing for the last year. Looking back over the last 10 years, we can see that it has long periods of going sideways interspersed with short periods […]
Market Peaks
Market Peaks. Naturally, we all want to get out at the top of the market peak, but as we know, they don’t ring a bell at the top. Or the bottom for that matter. We discussed Prospect Theory a couple of weeks ago, noting that people become fearful when they are in a winning position […]
Rolling Up
Rolling Up. I had quite a few queries about my remark last week about results and rolling up. All of you started at different times, with different account values, chose different strikes and expiries and different cash levels so it’s not easy to give a definitive answer about how much extra you would have made. […]
