Capitalogix

Here Are Some Links for Your Weekend Reading

The new GOP Symbol says it all.

 

 

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

 

Lighter Links:

• The Incredible Power of Ignoring Everything. (Washington Post)
• 3 Scientifically Proven Ways to Optimize Your Brain. (Inc)
• Will the Singularity Mean the Death of Religion? (Kernel)
• How One Doctor is Waging War on Bulls**t Science. (Huffington Post)
• If You're Alive in 30 Years, Chances are Good You May Also Be Alive in 1000 Years. (HSK)
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Trading Links:

• Why We Think We’re Better Investors Than We Are. (New York Times)
• These 7 Iconic NYC Properties are Now Owned by the Chinese. (Video)
• China Central Bank to Fed: a Little Help, Please? (Reuters)
• Global IPOs at 7-Year Low. (Insider)
• Dark Days are Here Again on Wall Street-Investment Banking Earnings down 36% YTD, Lowest since Q1 2009. (David StockMan's Contra Corner)

Ted Cruz Ends Awkwardly - Accidentally Punches Wife in the Face [video]

Ted Cruz accidentally hit his wife in the face with his fist and elbow seconds after dropping out of the presidential race.  As you might have guessed, images of the awkward husband-wife moment spread like wildfire on social media.

 

 

via Vine.

For many, that image brought to mind another awkward Cruz moment: fumbling with Carly Fiorina's hand as he announced her as his running mate. That's worth seeing again.

 

 

via Vine.

For more, here is a CNN video and a funny "I Will Remember You" video.

Bet things stay awkward as Trump v Clinton takes the main stage.

 

 

Markets at the "Sell in May and Go Away" Point of the Year

There has been a pull-back off recent highs.  Is it a buying opportunity or a danger sign?

Research published by Yale Hirsch in the Stock Trader’s Almanac argues that the market year is broken into two six-month seasonality periods.  The period from May 1 through October 31 is seasonally unfavorable, and the market most often finishes lower than it was at the beginning of the period. Conversely, the period from November 1 through April 30 is seasonally favorable, and the market most often finishes the period higher.

While the statistical average results for these two periods are quite compelling, trying to ride the market in real-time in hopes of capturing these results is not always as easy as it sounds.

 Here is a chart of the S&P 500 Index showing the recent thrust higher and recent correction.  In addition, notice the negative divergence (where recent price highs happened with lower momentum).  This is often taken as an early topping indicator (or sign of underlying weakness).

 

 

 

via Stockcharts.com.

 

Meanwhile, the monthly chart shows weakness too (with negative divergences and a classic volatility squeeze).

 

via Stockcharts.com.

 

Traders expect a big move after periods of compressed range (like the one we are in now).  One of the indicators I keep an eye on is the band-width of Bollinger Bands (which is a measure of volatility). When it gets narrow for an extended period, that "squeeze" puts me on alert for expanding volatility.

What do you do?  You watch price.  Yes, we are near highs in an up-trend.  On the other hand, there's everything else.

Put that with the "Sell in May and Go Away" theory ... and what you have is a caution light.

Here Are Some Links for Your Weekend Reading

Signs of the Apocalypse: iPhone sales drop for the first time ever ... and one of the Koch brothers admits Hillary might be a better than Republican candidates.

 

And ...

 

 

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

 

Lighter Links:

• Start-Ups That Last. (Harvard Business Review)
• How Trump vs. Clinton Could Reshape the Electoral Map. (Washington Post)
• Emotionally Exhausting People. (Indexed)
• A Short Guide to Speaking English in Britain. (Fortune)
• No Shoes, No Shirt … Service!  All-Naked Restaurant to Open in London. (NBCNews)

 

Trading Links:

• China Stopped from Buying 1% of Australia. (Forbes)
• Extreme Financial Market Volatility is Here to Stay. (Barclays)
• Hedge Fund Closures Return to Crisis Highs. (FT)
• Apple Car May Already Be in Prototyping Phase. (Cult of Mac)
• Largest Private Tech Funding Round Ever.  Ant Financial Raises $4.5 Billion at a roughly $60 billion valuation. (Wall Street Journal)

A Sophisticated Trump

What if Donald Trump had elocution lessons?

Here is a video where his voice was dubbed to sound British.  Nonetheless, all words are verbatim.

Interesting and funny.

 

 

 via YouTube.