More Bad News To Come?

In last month’s post Trouble On The Horizon I mentioned that things looked grim for the NASDAQ as the volatility continued to rise relative to the number of stocks rising within the index. NASDAQ internals haven’t improved since that post, and the situation continues to deteriorate in the S&P 500 and the Dow 30. To add…


Quick Thoughts on Crypto

It occurs to me that I haven’t published a damn thing on blockchains since 2014. Bit of a shame as things have really taken off since then. One day I’ll have to recap the past few years in hashland; there have been some crazy ups, and downs that made my head spin and my stomach…


What’s good?

I’m reading no less than half a dozen books right now… Infinite Jest – Holy shit. Seriously. Wallace’s mastery of the English language makes us all look like degenerate parasites who don’t deserve to live. High recommend, even if it’s a cliche and pretentious thing to like. The descriptions of drug addiction and parental conversation…


Trouble On The Horizon

SPY & DIA holding up, but the breadth and volatility of the NASDAQ feels ominous. We haven’t seen this kind of action since July 2015, about a month before a memorable flash crash. Broadly speaking, when the blue line rises above the red, stay long stocks (SCHB). If red gets above blue, favor bonds (SCHZ)….


20% CAGR & 7% MaxDD Since 2008 with $HYG $REM $DTD $TLT

Source: Portfolio Visualizer Dual Momentum


Phone blogging

Looks like WordPress has put together a nice app to enable blogging from the phone… Maybe this will bring back the stream of barely literate drivel I used to write. Prepare for an ill conceived meditation on markets, machines and mainstream perceptions of reality. I’ve decided to do away with the process of editing, so…


Uh Oh

Despite hitting all-time-highs in April, the major US indexes are looking weak. The S&P 500 continues to find support, but note the lateral consolidation and relatively low volume. Look out below…


And Now For Something A Little Same

The apparent autoeroticism of this process does not discourage. Though a benchmark for authenticity remains nebulous at best, the thrill of purging the mind for none, a minor feat of intellectual exhibitionism, does variably produce the sweet if fleeting sense of relief. Respite from what? That strange sensation which lurks somewhere “inside,” though the origins…


Familiar Territory

Everything has changed, but nothing seems different. The S&P 500 currently displays structural characteristics resembling the market in August 2007, May 2010 & August 2011. If memory serves me correct, those months were marked by an unraveling housing market, the flash crash, and a European debt crisis. Perhaps something more substantial than Ebol-ISIS-ocalypse has  infected the markets, skyrocketing treasuries and…


BTC

I received the following email from a good friend this morning and though I would share my response. good time to buy? if so what kind of basket would you recommend? im not nearly as familiar with the algorithms as you are. lmk what you make of all this, ya? BTC has had at least…