The Significance Of Ranges

Experienced market participants know that stocks spend most of their time in seemingly random ranges.  It is only for a short time that they will actively trend up or break down.  This is logical since companies will go about their business in a somewhat predictable and systematic way. When something unusual or extraordinary happens, or … Continue reading The Significance Of Ranges

The Significance Of Trend

It's been almost 4 months since the initial shock to the stock markets ostensibly caused by the panicked entreaties of health officials.  A number of factors contributed to the massive selloff which ensued over the following months based on the sudden introduction of unknowns.  The lack of substantiated facts was one factor but also the … Continue reading The Significance Of Trend

Contrarian Ideas

The majority of articles that I've written are concerned with finding the best investment vehicles when they are most in demand, hence the focus on relative strength and momentum. There is another school of thought that views investments from an entirely different perspective, that is from a contrarian and necessarily longer term horizon. Investing in … Continue reading Contrarian Ideas

Gold

As you'd expect, there has been positive activity in the Gold sector. It may be surprising that relative strength was occurring here even before the recent market volatility.  As we look at the relative performance of some major sectors, it wasn't obvious that gold stocks were outperforming the overall market (as measured by the Nasdaq).  … Continue reading Gold