Dancing with the Trend

October 2017

Dancing with the Trend

The Wisdom of Montier

by Greg Morris

I honestly do not know when or where I first heard of James Montier but believe it was a turning point in my investing and money management.  Behavioral Finance / Investing is a relative newcomer to the world of investing, or at least the identification and writing about it.  The human frailties have always been here, we just didn’t have a word to describe them.  Plus, I have more than once mentioned James Montier’s latest book, “The Little Book of Behavioral Investing” in articles with the comment that you MUST read it and then plan on reading it once a year.  I first Read More 

Dancing with the Trend

Maintain a Proper Perspective

by Greg Morris

Watching the evening news can give you a misleading and often wrong perspective on the stock market.  Most commentators mention whether the Dow Jones Industrial Average was up or down and by how much, and that is just about the complete financial report, even though the Dow Jones’ 30 large blue-chip stocks do not give a good representation of the overall stock market.  It is a misguided focus. The Dow Jones Industrial Average was created by Charles Dow in 1896, originally 12 stocks, but currently consists of 30 stocks.  Because the evening news has focused on the Read More 

Dancing with the Trend

WHY Breadth?

by Greg Morris

I have written often about market internals or market breadth.  In fact, there was a whole series of articles as I was updating my “The Complete Guide to Market Breadth Indicators” book.  The articles began with CGMBI; there were 10 of them, all back near the beginning of my article list.  See links at end of this article. What you may not know is that every breadth indicator in the book is now part of StockCharts.com’s Symbol Catalog.  They all begin with !BI followed by two letters identifying the exchange they are from (NY for New York, NA for Nasdaq, and TO for Read More