Once-in-a-lifetime events seem to be coming every week lately… Nassim Taleb defines a black swan event as an event that is unpredictable, has a massive impact, and after it happens, people try to rationalize it as if it could have been predicted. According to Taleb, the three traits of a black swan event are rarity, […]
That Bird Looked a Lot Like a Black Swan – What Next? By, D. R. Barton, Jr. Read More »
Six years ago, I covered the origin story of the saying “Draw a line in the sand”. As I’ve been doing my normal chart scans over the past couple of weeks, I’ve been struck by how often a “line in the sand” keeps showing up. The line that I’m seeing is the 200-day simple moving
The Line That Keeps Showing Up on So Many Charts… By, D.R. Barton, Jr. Read More »
A strong start to 2023 has lots of analysts wondering if they need to change their outlook for the year. The major U.S. stock indexes bottomed around October of 2022. It wouldn’t be much of a surprise that fund managers surveyed in November hit one of their highest levels of recession fears, according to Bank
What’s Driving the Rally of Early 2023? By, D. R. Barton, Jr. Read More »
“Friendship is unnecessary, like philosophy, like art…. It has no survival value; rather it is one of those things which give value to survival.” ― C.S. Lewis, The Four Loves This Sunday, somewhere between 100 and 250 million people will watch the Super Bowl live. And in the week of hype leading up to the
I’ve been thinking about complex systems and how we relate to them as traders and investors quite a bit this past month. There is no sure and real way to understand, or solve or predict a complex system in a simplistic way. I talked about this when we discussed the January’s First Five Days indicator
The Only Effective Shortcut: Find Your Wealth-Building Passion By, D. R. Barton, Jr. Read More »
History is replete with strategies that worked for a time, then became ineffective, and were subsequently abandoned. Examples can be found in sales and marketing, product design, and in all facets of entertainment from TV shows to stand-up comedy. But the easiest place to understand the phenomenon of once-dominant strategies losing their effectiveness might be
Some errors just keep repeating themselves… much like the endless time loop in the classic film, Groundhog Day, starring Bill Murray. Let’s do a little myth-busting today—that savory task of uncovering indicators that don’t indicate what they’re supposed to. An indicator that gets a lot of press early each year is the “First Five Days”
Let’s Ignore January’s “First Five Days” Indicator – Again By, D. R. Barton, Jr. Read More »
“Joy is the serious business of Heaven”. —C.S. Lewis, British Author I love the Christmas season for a variety of reasons. Of course, it’s a time to enthusiastically celebrate spiritual traditions: The birth of a baby in a manger and the miraculous burning of the last available sacred oil for eight days instead of one.
Speculators, in general, and traders and investors in particular, have always been the “lone wolves” of the financial world. The Bucket Shops of Jesse Livermore’s day and more recently, the Day Trading rooms of the late 1990s and early 2000s were vain attempts to bring socialization to the speculating individual. The meme stock movement that
Gratitude: The Breakfast of Champions By, D. R. Barton, Jr. Read More »
This trading tip – the first in a series – is one where your knee-jerk reaction might be to skip it and move on, looking instead for a new entry technique or indicator or… you get the picture. Don’t do it. Stick with me for a few paragraphs. You’ll be glad you did. Why? Because,
It’s Time for Traders and Investors to…be Grateful By, D. R. Barton, Jr. Read More »
