Category: Independent Thinking
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Buying Climax Signals a Top in the Stock Market
There was enough buying climaxes in stocks this week to signal a short term top in the stock market. This week 596 stocks printed a buying climax, which is the most since Feb 2018. A… Read More
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If we’re going to see selling pressure become resistance, this is where it starts
Technical analysis is the study of financial market price trends. What’s funny is that technical analysis has evolved into now being called quantitative analysis. Technical analysis has long been a method of much debate, until… Read More
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COVID-19 Update for Florida; cases, hospitalizations, and rates of change
I’m in Florida, which happens to be one of the states with the highest momentum in COVID – 19 cases. So, I’m going to share my observations as I flip through the data. I’m more… Read More
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I want to share a secret with you about unrelated nonsense
I want to share a secret with you. Take a close look at this map and think about each of these states. What you see on TV, in the news, doesn’t necessarily reflect the beliefs… Read More
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We’ll see a pause in reopening as hospitalizations trend up
Unfortunately, we’ll see a pause in reopening as hospitalizations trend up. Hospitalizations have much further to rise, but they shouldn’t increase as much as cases. I just got an updated data feed for today. Florida… Read More
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Everything is Relative: Florida COVID – 19 Trend Update
“It doesn’t matter what we think about a trend, it matters what the crowd thinks about it, but more importantly, how they will respond to it.” – Mike Shell For a quick update on the… Read More
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In addition to the equity markets entering a higher risk level of a drawdown and volatility expansion, we now have a renewed risk of the scary COVID narrative driving more fear
People tend to overreact and under-react to new information. We observe it in the global capital markets more frequently than anywhere, and with immediate feedback. So, those of us who are adept at identifying and… Read More
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It’s not so different this time, except in ’69, they didn’t miss the Woodstock Music Festival
Did you know the Woodstock Music Festival in 1969 took place during a global pandemic? It killed about 100,000 people in the U.S. and a million worldwide. According to Jeffrey A. Tucker, the Editorial Director… Read More
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Here is how you will get exactly what you want
We tend to find information that confirms our existing beliefs. We’re seeing it more than ever, if we pay attention and recognize it. If you feel we should stay on lock down and maintain the… Read More
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#FloridaMorons is trending on Twitter, so let’s take a look at the Florida Coronavirus trends
I woke up this Saturday morning to see #FloridaMorons trending on Twitter, so yes, being a Tampa Bay resident, I had to look. I really like Twitter. Over the years, Twitter has become the modern… Read More