@KimbleCharting points out the market has thus far failed to recapture a key pivot level.
The worst news always comes at the bottom via @fabiancapital
James Montier’s latest paper on interest rates makes the case why equity valuations are all wrong. Read part one of the series here.
@BartsCharts has nailed GoPro’s price action this year. Now, he’s looking for a push below 30.
MARKET OPERATOR INSIGHTS
Howard Marks latest memo is out. He discusses why successful investing is so damn hard. This passage is critical for understanding risk:
Avoiding the certainty trap via @awealthofcs:
“Investors have to remember that market data does a much better job of forecasting potential risk than it does potential return.”
One of the biggest trading lessons I’ve learned over the past year is the advantages of becoming more concentrated in my trading. These next two shares via @SJosephBurns and @OptiontradinIQ sum up why nicely.
I agree with this take on selectivity. continue reading on the next page
