Category: risk managed
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19 is the new 20, but is this a new low volatility regime?
We used to say the long term average for the Cboe Volatility Index VIX is 20. Some would mistakenly say that VIX “reverts to the mean”, suggesting it is drawn to the average level of… Read More
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What really drives stock prices down?
What really drives stock prices? The price of stocks, just like groceries, is driven by supply and demand of people “the market” buying and selling. What drives stock prices and the stock market really is… Read More
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Charting and technical analysis of the stock market trend
I usually share more of my observations of the stock market trend when the shit hits the fan. The truth is, I enjoy volatility expansions more than the quiet, calm trends. There isn’t as much… Read More
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Logical Inconsistency?
One of the most widely quoted words of wisdom from legendary investor Warren Buffet is, “Rule No. 1: Never lose money. Rule No. 2: Don’t forget rule No.1.” But.. is it a logical inconsistency? Logical Insonconsinecy: When multiple statements are given… Read More
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The Trend of the U.S. Stock Market and Sectors Year-to-Date
As of today, the below table illustrates the year-to-date gains and losses for the S&P 500® Index (SPY) and the 9 Sector SPDRs in the S&P 500®. We observe the current and historical performance to see how the… Read More
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The Trend of the U.S. Stock Market
When I say “The Trend” that could mean an infinite number of “trends“. The general definition of “trend” is a general tendency or course of events. But when I speak of “The Trend” I mean a direction that something… Read More