08/19/15 – There’s No Earthly Way of Knowing Which Direction We’re Going

Sideways action

Round the world and home again
That’s the sailor’s way
Faster faster, faster faster

There’s no earthly way of knowing
Which direction we are going
There’s no knowing where we’re rowing
Or which way the river’s flowing

Is it raining, is it snowing
Is a hurricane a-blowing

Not a speck of light is showing
So the danger must be growing
Are the fires of Hell a-glowing
Is the grisly reaper mowing

Yes, the danger must be growing
For the rowers keep on rowing
And they’re certainly not showing
Any signs that they are slowing

‘Wondrous Boat Ride’, from Willy Wonka and the Chocolate Factory (1971)

The S&P 500 has been trading in an extremely tight range for over 6 months now. Some might view this … Read the rest

10/13/2014 – Tune out the noise

noisy When the markets go down, it seems everyone and their dog has an opinion. There’s a well known saying about opinions and certain orifices that I don’t care to repeat, but the phrase “hated bull market” still seems to be holding true, with any remote pull back resulting in yells from on high of the impending market implosion. With the dot com bust and the financial crisis meltdown still fresh in many people’s minds, I understand the sentiment, but in the grand scheme of the markets, this “fear” is actually very unfounded in reality. The fact that there have been such hugh crashes within the past 15 years, makes it significantly less likely we see anything more than a 20% pullback if that. A lot… Read the rest

10/9/14 – Brutal day in the markets

But always remember to keep perspective… perspectiveRead the rest