Oops! The Shorts Did It Again
Everyone loves to dunk on Jim Cramer. Say what you want about the guy – he’s been around longer than most traders have been alive, and he’s seen it all. I don’t keep up with his show these days, but…
Everyone loves to dunk on Jim Cramer. Say what you want about the guy – he’s been around longer than most traders have been alive, and he’s seen it all. I don’t keep up with his show these days, but…
Humans can be a funny bunch. They need answers, mostly to questions like, “Why?” Whenever I find myself talking to someone about a stock that I think goes up, the next question, always, is, “Why?” If I’m talking about the…
Not everything is a Tech stock. It certainly feels that way sometimes. And we can absolutely make an argument that many publicly traded companies are directly or indirectly “Tech” stocks. But they’re not. Amazon.com (AMZN) is not a Tech stock. …
There’s a huge misconception in the stock market that you should always own “good companies” that earn money and are maybe even growing their earnings. Nope. Not true. Sometimes stocks that represent profitable companies can be a good trade, or…
One thing I learned by playing, watching, and enjoying sports my whole life is that there’s nothing wrong with your best players scoring a lot of the points. In fact, that’s exactly what they’re supposed to do. One of the…
Animal spirits are still relatively muted. I spent most of yesterday running around New York City meeting with traders and investors of all kinds. These days, I live outside the city, with three kids and all. I’m a suburbs guy…
I’ve been trading Crypto since about 2014. Some people were trading it even before me. Never has the total Cryptocurrency market been worth as much as it is today. Even if you don’t own any Crypto – even if you…
If we’re going to consistently profit from everybody being wrong so often, I think it’s important to understand why. Why is everyone always so wrong? It all comes back to the humans. It isn’t just the “retail” investors, who are…
It’s important to take time to stop and look around. We don’t want to devise a strategy and force it on the market no matter what. It’s actually the opposite. The first thing we want to do is identify what…
We call this daily note Everybody’s Wrong because it certainly feels that way sometimes. The truth is the crowd is usually right through the duration of most trends. So when asset prices are trending but the crowd is wrong, it…
If your strategy only works in certain types of market environments, then it’s probably time for a new strategy. If you’re unable to adapt to changing market conditions, it’s only a matter of time before it’s all over for you. …
Most people don’t know what to do with short interest data. That’s not an insult. That’s just the truth. Take the latest FINRA report, for example. It came out on Wednesday, July 10. It’s impossible to find, and even if…