Sorry I’ve been incommunicado for the last few days.
Uncategorized
Firebreak
Maybe a bit of distance and time from the fire of the last few weeks will cool the Chinese trading populace off
‘Billions’ Trailer Hits!!!!!!!!
Video
Chinese Order Torture
The Shanghai Composite fell 5.9% at 3507.19, after losses of as much as 8.2% earlier Wednesday.
Three Kickass Entrepreneurship Lessons from J.D. Power
The founder of market research firm J.D. Power and Associates, James David Power III, told the story of how he got started in this month’s issue of Fortune magazine. Since co-founding my wealth management firm less than two years ago and becoming a CEO for the first time in my life, I’ve been drawn to these…
Clips from Today’s Halftime Report
Barry Ritholtz interviews Leon Cooperman
Lee Cooperman is one of the nicest, most sincere people I’ve met in this industry.
The Riskalyze Report: Advisors buy the EM sell-off
At the request of so many investment advisors, my friends at Riskalyze share the big trends in the assets going into and coming out of advisor portfolios every week. The underlying data is aggregated from hundreds of thousands of client accounts across the $44 billion and counting that advisors manage on the Riskalyze platform*. I…
We’re below the S&P 500’s 200-day moving average.
The S&P 500 has taken out its 200-day moving average to the downside on an intra-day basis as of this writing. The index finished out last month just above this key level of supply/demand by pennies, but we’ve been flirting with it all year as stocks have gone nowhere and the trendlines have flattened. As…
Chart o’ the Day: Why the Market Feels Worse Than It Is
My pal Ari Wald (Oppenheimer Asset Management) has an interesting take on the “feel” of the market versus the objective reality. While Wald maintains an overall bullish bent, he notes that identifying winners and losers has been more important this year given the trendless nature of the S&P 500. High dispersion and flat indices make…