Ellen and I have been doing yoga three times a week for the last couple of months. At dinner last night, Ellen was telling Rachel stories about all the noises coming from me during a class. I pitched them a sitcom idea while they tore me apart….a show where people tell their friends about that …
From: December 2018
When Will This Crash End?
I wish I knew how this slow motion crash was going to end. Right now, it is fascinating to watch the price action, feel the emotion and see the behavior. The ridiculous ‘oversold’ readings continue with the highest put to call ratio since the flash crash in 2011: The high Put/Call ratio means simply that …
The Donald Trump Stock Market Crash – How Low Can He and The Market Go
Yes Janet I miss You. I have been mesmerized by the markets the last 48 hours. I rarely screen watch. I did a lifetime of screen watching before I started Wallstrip, Stocktwits and Social Leverage. Screen watching was not productive and made me miserable. But, as Stefan put it today (his Stocktwits room is great): …
What Could Go Right? and The Year of The Disaster
Before I get started with ‘what could go right’… Yesterday my friend Alex (a GP at a large VC firm) called me to talk about the financial services landscape and it was like the movie ‘Big’ because halfway through the call as he was dealing with his Uber driver and peeling a jerky wrapper, I …
Momentum Monday – Nothing But Red and Nowhere to Hide
Before I get into it, a quick thanks you to my Momentum Monday sponsor Marketsmith. Great people and great product… Marketsmith (by Investor’s Business Daily) is now a sponsor of the weekly show. All the charts you have been seeing in the videos and will continue to see are from Marketsmith. They are offering my …
Daddy…What Is a Downtrend? And Learn It, Know It, Live It!
The New York Times (the Styles section no less) is telling investors to ‘assume the crash position’. If the Styles section is weighing in on the markets, we may not be near a bottom, but we are definitely in a downtrend. Right now 68 percent of S&P stocks are below their 200 day moving average. …
Goodbye 2018…
The year 2018 has been really good to me. Ellen, Rachel and Max are healthy. Full stop. I am grateful. I am looking forward to 2019 and plan to hit the ground hard, but am taking the next two weeks slow at home with the family to end the year. I learned a lot in …
Gradually Than Suddenly and The ‘Off The Chain Podcast’
The markets feel a lot like Hemingway’s Law of Motion… “How did you go bankrupt?” Bill asked. “Two ways,” Mike said. “Gradually and then suddenly.” (from the Sun Also Rises) Next week should be a doozy. I don’t really have a game plan yet if the market meltdown accelerates on Monday. I will have one …
The State of Startups and Being Audacious
Today Robinhood launched a free checking and savings account, a Mastercard debit card and a 3 percent cash interest rate. My friend Matthew texted me this morning that Robinhood is audacious in the best possible way. Matthew is a CEO of a Unicorn company himself and he knows audacious! Like I wrote on my blog …
2019 – The State of Technology
Ben Thompson has a great piece up titled ‘The State of Technology At The End of 2018‘. Read it all. The conclusion: ..the enterprise market is thriving, and the consumer market is stagnant, dominated by the “innovations” that a few large behemoths deign to develop for consumers (and probably by ripping off a smaller company). …