Month: November 2014

He is right: A world awash in capital with nowhere to put it. The stage being set for the next 30 years of economic development is utterly fascinating. — Marc Andreessen (@pmarca) November 27, 2014 The world is awash with liquidity that is flowing into stocks and keeping keeping treasury yields low. Smart people are… Continue reading Things That I Am Thankful For

With the exception of the predictable Ferguson verdict and the subsequent rioting, we’re still in the slowest news cycle in years. Even though I’m Republican/libertarian, it’s nice to see America not have to reel from one crisis to the next. Unlike the aforementioned article, I thank the Bush administration for the post-2008 period of peace… Continue reading The Left Jubilant as Ferguson Burns

Money lubricant that gets the wheels moving. I wanted to test a new investing strategy and existing strategies of picking stocks had mixed results, with large draw-downs and stagnation between gains. So I ponied up $35 for this cool program etfreplay and began testing strategies, which I call ‘linear combinations’. This is because you are… Continue reading The Power of Linear Combination ETF Portfolios

The biological determinism bull market can’t be stopped as stocks keep making new highs with no end in sight. Same for those Bay Area real estate prices and web 2.0 valuations – those keep going up with no end in sight, too. Don’t get your hopes up, libs, that this is all a bubble that… Continue reading The Daily View: Biological Determinism Bull Market, GOP, Basic Income, Shirtstorm

Things like moving averages, technical analysis like head and shoulders, put/call volume, vix, advancing declining, breadth, distribution days (worthless IBD indicators) imho all these don’t work reliably, especially not for indexes. The only indicator that seems to be reliable is the candle size of the monthly chart of the ES/SPY/QQQ relative to earlier candles. A… Continue reading Stock Market Going Much Higher

So much doom and gloom on the blogs lately, but I can understand why as the super-competitive, winner-take-all, post-2008 economy has created a lot of losers and only a handful of winners. You even see this pervasive leftist pessimism on discussions about physics. The left says that because string theory cannot be tested, it is… Continue reading Doom and Gloom on the Blogs

He is right. Let’s stop blaming Wall St. and bankers for the overblown financial problem and instead put the blame where it is really belongs: reckless borrowers, regulation, and the doom and gloom media that tried to fan the flames of crisis to get Obama elected. Suspiciously missing from many accounts of the causes of… Continue reading Bigger is Better Theme Will Dominate in 2015

As the slowest news cycle in history continues, stocks keep raging higher. You can’t stop spendism, can’t stop technological innovation, can’t stop those web 2.0 valuations from going higher, can’t stop exports, can’t stop blowout profits & earnings, can’t stop IQ from being important, can’t stop smartism. Everything is awesome and no one outside of… Continue reading Wealth Spreaders Lose Again As Stocks Keep Going Up, GOP Victories

Any and all forms of day trading and market timing is for suckers. You cannot and can never win. Or attain what finance people call ‘positive risk adjusted returns’ Other things that don’t work: Moving averages, bands, trend following, Turtle trading, CANSIM, IBD 50 lists, watching Cramer, trying to ‘invest like Buffett‘ , newsletters, speculative… Continue reading Using a Linear Combination to Make Money with Stocks

They are both correct: Read my latest: Inequality Is a Partisan Issue the Central Bank Should Avoid http://t.co/CRKUfkFBie — Michael R. Strain (@MichaelRStrain) October 28, 2014 Big election story: voters want change direction. Leftward redistribution lurch over. Free-market capitalism, incentives, free enterprise. — Larry Kudlow (@larry_kudlow) November 5, 2014 Goldman is right: GOLDMAN SACHS: "We… Continue reading Libs Attack Success, Celebrate Failure