MARCH 2024 – OH HOW THE BULLS GO MARCHING IN
What do the markets have in store for next month? Here’s my take on financial trends for March 2024.
Echoes of a Stock Operator: Quotes and Commentary Part 9
I have heard it said before that a trader’s arc of progression should be this: aim for capital preservation in the beginning, followed by steady gains, followed by home runs.
Echoes of a Stock Operator: Quotes and Commentary Part 8
Chapters XVII-XXII “I admit that I do get irresistible impulses at times to do certain things in the market. It doesn’t matter whether I am long or short of stocks. I must get out. I am uncomfortable until I do. I myself think that what happens is that I see a lot of warning-signals. Perhaps […]
Echoes of a Stock Operator: Quotes and Commentary Part 7
I’ve observed firsthand how Bitcoin, analogous to the “leaders of the wonderful advance” mentioned, often reaches a plateau or even recedes slightly in value while the broader market, fueled by alt tokens, continues to surge.
Echoes of a Stock Operator: Quotes and Commentary Part 6
Chapters XI-XIII “Everybody was bearish and everybody was selling July cotton. You know how people are. I suppose it is the contagion of example that makes a man do something because everybody around him is doing the same thing. Perhaps it is some phase or variety in the herd instinct.” This quote delves into the […]
CPI STICKING AROUND 3% IS BULLISH, NOT BEARISH
Assuming the Fed doesn’t act imprudently in response to this single data point, the immediate risk to markets remains unforeseeable defaults in the private sector or a reemergence of bank failures.
Echoes of a Stock Operator: Quotes and Commentary Part 5
Chapters IV-X “It was an old trading theory of mine that when a stock crosses 100 or 200 or 300 for the first time the price does not stop at the even figure but goes a good deal higher, so that if you buy it as soon as it crosses the line it is almost […]
IS ETHEREUM DYING? DOMINANCE REMAINS LACKLUSTER
My thoughts regarding ETH’s relative price potential have shifted to negative over the last few months.
Echoes of a Stock Operator: Quotes and Commentary Part 4
Chapters VII-VIII “I never hesitate to tell a man that I am bullish or bearish. But I do not tell people to buy or sell any particular stock.” … “The average man doesn’t wish to be told that it is a bull or a bear market. What he desires is to be told specifically which […]
Echoes of a Stock Operator: Quotes and Commentary Part 3
Chapters V-VI “There is what I call the behavior of a stock, actions that enable you to judge whether or not it is going to proceed in accordance with the precedents that your observation has noted. If a stock doesn’t act right don’t touch it; because, being unable to tell precisely what is wrong, you […]