“Fail fast” was a phrase taught to me during a business coaching presentation while I was in my financial advising career in my mid 20’s. It is a phrase that has stuck with me ever since because of its power and seemingly contradictory meaning. Nobody likes to fail at something, right? Yet here was a … Read more
Today’s blog is going to be more of an anecdotal one. As a stock market professional who spends all day seeing, listening, and consuming market related and political information, I thought I would share with you a general summary of the unusual territory we are finding ourselves in. There are some growing divergences in a … Read more
There are some things in life that are so mundane and commonplace we forget that it had to actually be invented. The concept of a checklist is relatively new to us as it was invented in 1935 after a test flight of the new Boeing B-17 Flying Fortress which crashed on takeoff. After investigation, it … Read more
When the market gives you lemons, stop trading and start swiping. As we are all very aware of, there are times when the overall market is in chop, pulling back, or trending down. Each trader has different tactics to deal with these times such as going short, hedging, selling spreads, or just going to cash. … Read more
There are as many trading styles, principles, and methods as there are snowflakes in a Denver blizzard. So why am I addressing this particular one? Well, because it’s extremely relevant this week. Unless you have been hiding under a market rock, you are aware that the market has now sold off fairly sharply for 2 … Read more
I am sure we have all heard the phrase “don’t fight the Fed”, but do we really know what that means?