On the Skids
November 11, 2020
If electoral processes lack the drama to satisfy you, check the stock market. Intraday volatility has been averaging 4%. The pandemic has so desensitized us to gyrations that what once was appalling (volatility over 2%) is now a Sunday T-shirt.
Serenity
November 11, 2020
Give us courage to change what must be altered, serenity to accept what cannot be helped, and the insight to know the one from the other. It’s a good life rule, a thoughtful notion after elections. And a way to see the stock market.
Placid
November 11, 2020
The story now is how’s money behaving before The Big Vote? Depends what’s meant by “behave.” The Wall Street Journal wrote for weeks that traders saw election turmoil...
What’s In It?
November 11, 2020
We rode to the Colorado National Monument this week with our good friends from Sun Valley. There’s a lesson in it about life and stocks both.
Political Sentiment
October 14, 2020
This week brings the last pre-election monthly options-expirations cycle. It’s the final time to take or manage risk with options that expire after votes are cast.
Vahlcue
October 9, 2020
You’re wondering what the heck “vahlcue” is. It was up almost 4% in the last hour yesterday as stocks tipped off the diving board.
Gaffes and Spoofs
October 9, 2020
You all remember the Fat Finger? It’s a gaffe, trading-style. In one 2014 instance, if the record can be believed, […]
Supply and Demand
September 23, 2020
Supply and demand affect stocks the same way they do products in any market. Yet the supply of product – shares – is almost never a consideration. Traders just trade. Public companies suppose that telling the story to more investors will create volume and drive the price up.
Volatile Liquid
September 16, 2020
There’s a beer in this for you. A glass of rosé from Provence if you prefer. What’s the most liquid […]