Author: Mike Shell
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Madoff wasn’t a hedge fund
Bernie Madoff is back in the news lately as it’s now been 5 years since he was arrested for the largest Ponzi Scheme. For some reason, the name is commonly linked to “hedge funds”. Yet,… Read More
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Investors are Complacent
Implied volatility, the amount of “insurance premium” implied by the price of options, continues to suggest that investors are becoming very complacent. When the VIX is high or rising, it says the market expects the… Read More
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What emotion is driving the market now? Extreme Greed
Today I observe the Fear and Greed Index below is at an “Extreme Greed” level. source: http://money.cnn.com/data/fear-and-greed/ Investors tend to get optimistic (and greedy) after prices have gone up and then fearful after prices go… Read More
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Getting Technical about Supply and Demand
I will first warn that for most investors, zooming in and watching it too closely will more likely lead to a bad outcome. I’ve observed over the years that one of the most common problems… Read More
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A gap down from here would confirm a short term S&P 500 trend reversal
I actually wrote this at 1pm but wanted to wait to publish it after the close to see if the pattern I observed at 1pm would be intact at the close. It wasn’t, but I… Read More
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What in the World is Really Going on, Part 2: Kicking the Can Down the Road
Jim Rogers says it best. Read More
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Playing with Words: Education, Knowledge, Skill, Experience, and Expert
The first step to understand something and to draw distinctions between them is to define the words we use. This isn’t always and easy task since many words don’t have a clear definition that everyone… Read More
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What is “News”?
News is Information not previously known to someone. New information, newly received information, or noteworthy information, especially about recent or important events. For example: “I’ve got some good news for you” “This was hardly news… Read More
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What in the World is Really Going on
I find that people don’t know what in the world is really going on or understand the big picture beyond what has happened most recently. They don’t really understand the aggressive Fed policies the past… Read More