Sorry to Bother You

In an alternate present-day version of Oakland, telemarketer Cassius Green discovers a magical key to professional success, propelling him into a macabre universe.   Sorry to Bother You Cast: Lakeith Stanfield, Tessa Thompson, Armie Hammer, Patton Oswalt, Steven Yeun, Terry Crews, David Cross, Danny Glover, Omari Hardwick, Marcella Bragio,Tom Woodruff Jr., Kate Berlant, Jermaine Fowler,… Read More The post Sorry to Bother You appeared first on The Big Picture.


Wall Street is loaded with experts who make forecasts on the future market direction and market level many times a day.  If you see a rather serious technical analyst on television, you can count on the talking head interviewer to ask him/her where the market is going.  They must comply, or they won’t be asked back.  The networks know their viewers want to hear forecasts.  Years ago, I was on Fox Business and the talking head (won’t mention her name) said I see you like technology because it is in your portfolio.  I responded that I did not particularly like technology.  She said I needed to explain that.  I stated that the technology ETF was rising in price and met my buying requirements.  I did not buy it because it was technology.  I bought it because it was performing well on a technical basis.  Continue reading "Aftcasting"

Audio Of The Week:

If you are curious what the state of play is in the US regulatory stance towards crypto and blockchain, the best place to turn is Coin Center, the crypto industry’s voice in DC. And in this podcast, Coin Center’s Director of Research Peter Van Valkenburgh gives a fairly clear and concise view of where things are and where they are going.


Albert Wenger — March 23, 2018
FOSTA Must Be Challenged in Court Nick Grossman — March 22, 2018
Zombies eating kitties


WORLD STOCK INDEX HEADED FOR A TEST OF ITS FEBRUARY LOW AND ITS 200-DAY AVERAGE... Stocks around the world had a terrible week. Foreign stocks fell along with the U.S. That's not unusual since global stocks become tightly correlated on the way down. Selling in Chinese stocks was especially heavy this week which also weighed heavily on emerging markets and Chinese stocks traded in the...

MIB: Kathleen Fisher, Alliance Bernstein

This week, we speak with Kathy Fisher, head of wealth and investment strategies at Alliance Bernstein, which manages $554 billion dollars. She has overseen research on investment planning and wealth transfer issues facing high-net-worth families as well as endowments and foundations at AB since 2013 (she joined the firm in 2001). Previously, she spent 15 years… Read More The post MIB: Kathleen Fisher, Alliance Bernstein appeared first on The Big Picture.

Buy Low, Sell High: Three Entry Zones Into Enticing Double-Bottom

The markets have served up an enticing double bottom on a silver platter.  How should you trade it?  Well, that depends always on your risk preferences.  I can identify at least three entry zones, each with different risk reward profiles.  Of course, you can be bold and buy and hold, but then here's your chance to buy low and sell high.

  Chart 1: The broad market is clearly oversold (see StochRSI in the lower panel) and approaching the early February lows. < p class"entry-more-link">Continue reading "Buy Low, Sell High: Three Entry Zones Into Enticing Double-Bottom" »

Saturday links: the new kale

Interest Rates. How High?

The Federal Reserve Bank (Fed) has indicated their intention to raise interest rates during 2018 and 2019. In fact, US Treasury interest rates have been rising for quite some time. We have been following the movement of bond prices with a Wyckoffian eye during this downtrend of prices (click here and here to review these posts). While the Fed manages the short term end of the yield-curve very closely, they have less influence over the long maturity end of the curve. No one can know how high interest rates will go, but is there a method for estimating the potential for how much they could rise? Wyckoff is a Method for determining the potential of the market from its own trading action. Could we study interest rate data in the same way that price data is evaluated and draw conclusions about the direction and the possible extent of the move? < p class"entry-more-link"> Continue reading "Interest Rates. How High?"

Longform links: the spirit of curation

10 Weekend Reads

The worst week in more than two years? No worries, the weekend is here! Pour yourself a mug of Danish Blend coffee, grab the aisle seat, and get ready for our longer form weekend reads: • California’s outlaw weed faces a new market force: legalization. (Washington Post) • What Airbnb Did to New York City (City Lab) • Tech’s Next Big… Read More The post 10 Weekend Reads appeared first on The Big Picture.

Breadth: Weighing Active Bullish Signals Against New Bearish Signals

Another Bearish Breadth Thrust. High-Low Percent Indicators Remain Bullish. %Above 200-day Indicators Dip below 50%. Index Table Remains Bullish. Sector Breadth Highlights. Bottom Line: Still a Bull Market. Breadth Overview ... The following breadth assessment is based on three breadth indicators. First, the

Cloud Software Stocks Rise on M&A Hopes

The Nasdaq has barely recovered in the six weeks since hitting bottom. But shares of smaller cloud software companies have surged on expectations they’ll be swallowed up by Big Tech.