In spite of falling further and further behind in the polls, the betting action still gives Donald Trump a 40% chance of re-election. It’s much closer to zero in reality though. It would be reasonable to think that if you were running for re-election as President of the United States, Joe Biden might be your […]
Technical analysis is supposed to be belief-neutral, where the data itself tells the story as it unfolds. The idea of a technical analyst preparing us for a reversion to the mean is just odd. Technical analysis is an evolving field in the study of the movement in prices of assets, stocks for instance, that does […]
Not so long ago, back when the world was flying, the grounding of the 737-MAX was the biggest issue that Boeing has ever faced. The plane may be back in service soon. Boeing’s 737-MAX used to be the biggest story in aviation since the 9/11 attacks. Aside from the residual paranoia that was felt among […]
Some very old ideas about investing have been dying a slow death for many years, losing ground in a survival of the fittest. Their weakness is being even more exposed now. Charles Darwin’s portrayal of the evolution of biological species being a matter of the survival of the fittest is an idea that applies well […]
It should not surprise us that among the good performing sectors this year, the biotech sector is among them, in the midst of a pandemic. Returning to normal isn’t so rosy though. When we focus on a particular sector among a broader stock index, such as the iShares Nasdaq Biotech ETF as a component of […]
Almost all of the banks that just took the Federal Reserve’s stress test are allowed to continue dividend payouts. Wells Fargo didn’t fare so well, and their dividend is in detention. Many companies live in fear of investors giving their stocks the big thumbs down if they even trim dividends, let alone cut them off. […]
While many investors see options positions as a risky way to hit a big score, options are also used to protect against risk. They all need to come with warnings on the label. It is always curious to see people recommending options trading of any sort to individual investors, given how complex options trading is […]
The Congressional Budget Office now estimates that the cost of the coronavirus lockdown will be $7.9 trillion. We’re now debating how these costs will be borne. The economic crisis of 2020 is certainly a unique situation, and certainly deserves unique attention. We’re still guessing at what the total bill from this will end up coming […]
Times are really changing now, which we could describe as the disparity gap between the haves and have nots widening. Those who are stuck in the past will be more disadvantaged. It is not that seeing the disparity between good and not so good stocks widen is a new thing, as this has actually been […]
There is a movement afoot to coerce social media platforms such as Facebook and Instagram to censure content that they consider hate speech. This is very disturbing. Freedom of speech is essentially the real benchmark that measures how free a society is. This freedom is a more important principle of a free and democratic society […]