It’s been a horrible day for people in Boston. It is mostly impossible to predict these type of terrible events. Financial tradegies on the other hand are almost always telegraphed and avoidable. Today the markets were shellacked. Major media will blame Boston and Gold. Not true at all. Last week I wrote a blog post …
From: April 2013
Momentum Wrap – Gold & Silver Crash Tank the Market
Margin calls in crashing gold and silver were likely the reason behind the all-encompassing forced liquidation in equities today. Many of the sectors that led the market rally over the past 6 months are currently leading on the downside. Refiners, transports, homebuilders and many other momentum darlings broke down from their bear flags. The distribution …
The Story of Stocktwits From our Founding CTO – Chris Corriveau
Chris and I are great friends. He is our unsung hero at Stocktwits. Always calm and always thinking forward. It’s hard to phase him. Donald McIntyre at NewFinNation took some time to interview him and it’s worth watching to get some insights into how we think about product and technology. You can find Chris @genevate …
Bullish Or Bearish…Up or Down…What Do I Think?
I am frighteningly optimistic at the moment. I am very long in all my funds. I am too underinvested in stocks in hindsight and am looking to add a few stocks to my portfolios, but it feels chasey up here and will wait for great setups. I have spent some quality time with one of …
Momentum Wrap – Back Near All-Time Highs. Here Comes The Sun?
The Dow and the S&P 500 briefly tagged new all-time highs intraday, quickly erasing the losses from last week. Yes, the move higher has been on below the average volume, but one could make the argument that “new highs + low volume” could mean lack of sellers. Forget about the volume. What makes this move …
Catch The CME Group Analyst Discussion Before Tomorrow’s Big USDA Report
This afternoon at 2:30PM Central Time (3:30 ET), The CME Group will host an Ask The Analysts Event ahead of tomorrow afternoon’s USDA World Agriculture Supply and Demand Estimates Report (WASDE). The CME Group Analysts Event is always valuable for those who trade the grains markets, other assets closely associated with the grains markets and …
Will the Real Carnival Barker Please Stand Up?
This has been a big week for Stocktwits. Lot’s of press, lot’s of new users and lot’s of attention. It always feels good to be noticed and appreciated. That said, no matter how much I explain Stocktwits to the media people calling in, they explain our product wrong in print. This happens to everyone…case in …
More On Bloomberg, the SEC and Social WEB – My Appearance on Bloomberg
Love chatting with Dierdre:
Bloomberg and The Social Web
I will be on Bloomberg today with Dierdre Bolton talking about various things of the moment. The TV side of Bloomberg has embraced the social web for a long time. Bloomberg is a technology Company and has the most awesome San Francisco office to put an exclamation on the west coast. Yesterday Bloomberg ‘announced’ that …
Don’t be Stubborn… Retail is NOT Dead
I was a big pusher the last five years of the theme ‘Retail is Dead’. I owned Apple and Amazon (I don’t own Amazion at the moment) and that was my retail exposure. That theme became too hot late last year. Everyone was on that bandwagon. Gamestop, Radio Shack and Best Buy were sure fire …