According to Merriam-Webster, Rhyme (noun) is defined: one of two or more words or phrases that end up in the same sounds. Applying this concept to the market, like the words or phrases of a rhyme, the pathways a market takes to get where it is going may be different, the end results may look the same. This…
Tag: Howard gold
Session 111–Death of an Indicator
Recently, not a day has gone by when investors have not been bombarded by mentions of the CBOE’s Vix Indicator (the “Fear” indicator) and the scarily-low levels where it’s been trading …a very bad omen for the market (“What’s lurking under the low Vix?”). Some of CNBC’s talking heads are referring us back to the…
Session 92–Forget the Ukraine. Focus on China.
Interesting concept, but why not worry about both? It makes for much better TV. The last week (2/27/14 to 3/6/14) has been particularly difficult to write about. On the one hand we had been inundated by scary headlines on geopolitical events and weakening economic statistics. On the other hand, given close scrutiny, it has been…