Blog
What Really Caused the Markets' Melt-Down?
Have you heard the commentators trying to explain Thursday's massive move down in the markets by blaming computer trading, a trader's error, or the news about what's happening in Greece? I don't believe that any of those explanations are the "cause" of the melt-down. There's a difference between things that happen near the same time,
Capitalogix Commentary for the Week of 05/10/10
Well, that was something you don't see very often … a nearly 2000 point swing in the Dow. Here is what that looked like intra-day. There has been unusual volatility for a while, but this was noteworthy. A Weekly View of the S&P 500 Index Shows the Bigger Picture. The recent rally stalled at a
Iron Man 2 is Good Mindless Fun
Have you seen it yet? It is certainly generating some "buzz" and box-office traffic. My recommendation: let go of your expectations and simply enjoy the spectacle. Even Freud has to agree, sometimes a cigar is just a cigar … and sometimes, a movie is just a movie. Iron Man 2 was a fun and action-packed
The President, as Comedian-In-Chief
President Obama was a hit at the annual White House Correspondents’ Dinner last week. Jay Leno was the headliner at the dinner, and Obama called him "the only person whose ratings fell more than mine." Leno observed that Obama was less aloof than he appears … "He loves to socialize … health care, car companies,"
This Sign of the Times May Say a Lot about the State of the Markets
A friend was driving me to his office last week. A flashy car pulls up beside us at a stoplight, and motions for us to roll-down the window. Without even saying hello, this well-dressed man in his late-40s starts bragging about day-trades he made recently. He asked my friend whether he bought the bank stock
Capitalogix Commentary for the Week of 05/03/10
The rally finally ran into some resistance. Still, the Dow Jones Industrial Average remains above 11,000. However, the thing that caught my eye last week was that the Dow broke below its recent trend-line. By itself, not a cause for major concern, just a key to notice. The question is whether it can get back