(Note: Part I is here, Part II is here) It’s no coincidence that the stock market crash oftentimes signals the “end of an era.” In the roaring twenties, the big boys of the Dow were trains, utilities and mineral exploration companies. By the late thirties, car and plane companies took the stage. “Tech” also started to make its appearance as… Read More »
(Note: Part I is here) There are two competing theories about the stock market. One is the efficient market theory.: everything is already fairly and accurately priced, and any movement in price reflects new information being released to the market. And then there is chaos theory, which simply put, is the observation that complex systems suddenly bite you in the butt… Read More »
Who still has money left in the market? I don’t have much anymore. I bought some crypto at the beginning of February. This month is usually good for crypto. But Putin put an end to that. I don’t play the chart, I play the calendar. And March is traditionally bad. And history doesn’t repeat, but it rhymes. Most… Read More »
I like to sell off only half of an investment. Over the last year, since I started my newsletter service, I have written dozens of bulletins where I buy and sell, buy and sell. But I hardly ever sell it all. Most of the time, I sell half. I’m sure it’s irritating to some of my subscribers at… Read More »
I do a zoom update with my paid subscriber group every month. This is what I told them last week: Since 2015, there has been only one year when February did not show a month-over-month increase in the price of Bitcoin (2020) We have been in a bear market for three months now Crypto-bear markets lasting longer than… Read More »
People will let the economy burn if they think it won’t affect them. It’s not just COVID but society’s response to COVID, that is wrecking the economy. Of course, nobody is saying that. What is being said is that we are having “disruptions to the supply chain.” Here’s a picture of George Orwell for you When are we… Read More »
