Consolidation
Consolidation means boredom. What an uninteresting week. After all the wild rides we’ve been having recently I guess we should welcome it, but it still feels boring and boredom is NOT a trader’s best friend. It often leads us to do something dumb just because we feel we should be doing something. But is it […]
Wild Ride!
What a Wild Ride! Yes, it’s been a crazy ride! Although we didn’t actually break a record, we were very close. The rise from the close of the day before was 11.69%, and was the second highest since SPY started in 1993. The GFC Won Not surprisingly, the ‘winner’ was during the GFC. On 13 […]
Is It Serious?
6 down days in a row! All in all, it was a pretty horrible week. All those red candles! Not conducive to one’s equilibrium. I wondered – like you, I am sure – what it meant and how often it happened. The answer is: not very often at all. Only twice in the past 5 […]
