Capitalogix

Stocks are the Most Expensive They've Ever Been

For what it is worth, the median stock in the S&P 500 is the most expensive it has even been.  Moreover, many valuation indicators are now at "the highest ever, except 2000". 

 

 

Perhaps when the economy is truly booming, that might make sense ... or be considered a good sign. 

At this point, it is more likely a good sign for short-sellers.

 

Traders understand that the prevailing trend has been up (and will remain that way, despite logic or argument, until price proves otherwise).

 

Related articles

What's Driving Performance During This Rally?

The Biggest Threat To The S&P 500 In The Next Month: "Biggest Buyer Of Stocks In 2015" Enters Blackout Period

Rising Bullish Optimism Reaching Extreme Levels

The S&P 500 Is Too Expensive Buy Nasdaq Instead, Goldman Recommends

Here Are Some Links For Your Weekend Reading

March Madness versus the March To Madness.

 

 

Here are some of the posts that caught my eye. Hope you find something interesting.

 

Lighter Links:

• An Introduction to Data-Driven Decisions for Managers Who Don’t Like Math. (HBR)
• Gamification Can Help People Actually Use Analytics Tools. (HBR)
• Please Stop Making That Noise … Why Some People Are Sensitive to Sound. (Well)
• 10 Best Apps to Train Your Brain. (DailyBurn)
• 21 Satellite Photos of Earth that Will Give you a Fresh Perspective. (TwistedSifter)

 

Trading Links:

• 5 Predictions for the World in 2039. (FastCo)
• Geithner: “The End of Capitalism as We Know It.” (Naked Capitalism)
• The Chinese Economy Hasn't Looked This Bad In 25 Years. (BusinessInsider)
• Female Investors Outperformed Male Investors in 2014. (ValueWalk)
• Deloitte's Eight Tech Trends to Watch. The trends most likely to disrupt the way businesses engage their customers & get work done. (D.U. Press)

A Different Look at Things

This video was taken at the SXSW conference.  While it seems a little silly, the video illustrates an interesting point.

 

 

via TimeSlice Films, pioneers in multi-camera array imaging.

 

Perspective is important. 

Being able to see the 'invisible' makes the 'impossible' possible

 

via Flug.

New technology seems like magic until you understand how it is done.

Here Are Some Links For Your Weekend Reading

How often does your desire to remain well-informed conflict with your desire to remain sane?

 

 

Here are some of the posts that caught my eye. Hope you find something interesting.

 

Lighter Links:

• Why Science Needs Imagination And Beauty. (BBC)
• 13 Real Estate Tips from Zillow's CEO. (BusinessInsider)
• What Are Your Loyalty Points & Airline Miles Really Worth? (The Points Guy)
• Quiz: The 36 Questions That Lead to Love. (NYTimes)
• Are We Smart Enough to Control Artificial Intelligence? A true A.I. might ruin the world—but that assumes it’s possible at all. (Technology Review)

 

Trading Links:

• A Warning from Buffett about Banks. (NYTimes)
• The 9 Fastest Growing Companies In America. (America’s Markets)
• Traders See Greater Chance of U.S. Rate Hike Mid-Year. (Reuters)
• For Hedge Fund Managers, The Only Thing Worse Than Divorce Is Marriage. (BizInsider)
• A Futurist Predicts 25 Trends for 2025. (JimCarroll)

Show Me The Money - How Big Have Sports Broadcast Rights Become?

March Madness is upon us.

In case you missed it, sports is big business.

Here is a chart showing the broadcast fees paid to various sports leagues.

 

via Financial Times.

Is the bubble going to burst?  The trend of the past 20 years suggests that it won’t.

Broadcasters have been locking in their costs through long-term deals. That also makes it harder for tech companies — such as Netflix, Google or Apple — to buy into the market.

Wall Street Firm Develops New High-Speed Algorithm Capable Of Performing Over 10,000 Ethical Violations Per Second

NEW YORK — Calling it a major breakthrough that will significantly expedite and streamline its daily operations, Wall Street financial firm Goldman Sachs revealed Thursday it has developed a new high-speed algorithm that is capable of performing more than 10,000 ethical violations per second.

 

 via The Onion.

“With this new automated program, we’ll be able to systematically deceive investors, engage in conflicts of interest, and execute thousands of other blatantly unethical dealings in the time it takes to press a button,” said John Waldron, co-head of Goldman Sachs’ investment banking division, who added that the high-frequency impropriety system will be able to break more rules in a minute than an entire floor of morally suspect securities traders, financial analysts, and portfolio managers could over the course of a week.

“In the past, if one of our brokers wanted to exploit a questionably legal regulatory loophole or breach the covenant of good faith with an investment client, that would require hours of manually contravening the basic principles of professional integrity. But this innovative system will allow millions of such transgressions to go through every single day. Going forward, I expect this revolutionary program to be the cornerstone of our business.”

Upon learning of the advanced new unethical algorithm, investors initiated a buying frenzy on Goldman Sachs stock, sending share prices surging more than 30 percent to $245.46.

Here Are Some Links For Your Weekend Reading

According to the President, the new three branches of government are ... me, myself, and I.

 

 

Here are some of the posts that caught my eye. Hope you find something interesting.

 

Lighter Links:

• The Power of Checklists. (Art of Manliness)
• The Most Thought Provoking Articles of the Year. (Brain Pickings)
• The Secret Meanings Behind 40 Brand Logos. (Marketing Land)
• The Science of Misheard Lyrics. (New Yorker)
• Why We Love Back Rubs, Chili Peppers, and the Sex from “50 Shades”. (Salon)

 

Trading Links:

• Saudi Arabia 'Engineered' Oil Crisis: Says Dallas Fed Chief. (Money)
• A Few Things To Know About Technical Analysis. (Stock Charts)
• Meet The Man Who Wants To Build The ESPN Of Finance. (HuffPost)
• A Netflix for Private Flights: A Members-Only Airline. (Fast Company)
• AT&T Dumped by Dow. Time to Buy? History suggests it's worth a look. (Markets)

9 Out Of 10 Big Pharma Companies Spent More On Marketing Than On R&D

This speaks for itself.

 

via DadaViz.

Of course, sometimes it can be said better.

The Joy of Distractions - A Golden Retriever fails, epically, in a dog race. [Video]

There is theory ... and there is practice.

Here, a Golden Retriever fails, epically, in a dog race.

 

 

 

Think of it as a parable for planning and software development.

 

Oh well ... We all have distractions sometimes.

Everything will be alright in the end. If it isn't, it isn't the end.

Hope you had a good week.

 

 

Of course what follows is even more important. 

"There will come a time when you believe everything is finished. That will be the beginning."  ~ Louis L'Amour