Blog
Capitalogix Commentary 11/15/09
What do you think is the most bullish indicator of our markets? It's not a trick question; the answer is "price". The markets have held-up nicely, throughout this rally, despite lots of bad news about the economy. And that, in-and-of-itself, is bullish. It doesn't matter what technical analysis indicator you use (increasing negative divergences and
Review of Alphatrends' Book on Technical Analysis Using Multiple Time Frames
This is one of the few books that I recommend to traders regardless of their expertise. There's something valuable in here for novice traders, and perhaps even more for experienced traders. The book was written by Brian Shannon. He is a professional trader; and he has developed quite a following on Twitter under the name
This Video Made Me Smile
Watch a soldier being greeted by his dogs after returning home after 14 months in Iraq. I suspect even cat people will be touched by this. I learned something from the dogs, and the man. Hope you enjoy it too.
Jump Point: How Network Culture is Revolutionizing Business
This is a compelling book. The title refers to a change in the environment, so startling that we have no choice but to re-group and re-think the future. When it happens, everything changes and the old trusted rules of the road to go out the window. The book hype says: The Web 3.0 world of
The Rules Are Changing
Goldman Sachs lost money trading only one day last quarter, and only two days the prior quarter. Come on, how could that be? Their boss does say that banks “Do God’s work.” I’m not sure that is a sufficient explanation. When a firm’s trading performance challenges not only all preconceptions of realistic trading, but also
Capitalogix Commentary 11/08/09
The best thing I can say about the market is that the current lack of sellers is giving investors a good long chance to take their bullish bets off the table. Unemployment is above 10%, and at its highest level since 1983. Here are a few economic signs. What about the Market? The chart below