Most investors are aware that Benjamin Graham, author of The Intelligent Investor, the acclaimed investment book first published in 1949, is the father of value investing. The basics of value investing are that when you buy a financial asset like a stock or bond, the reason to buy is for the future cash flow that…
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Hindenburg Omen Meets the Heisenberg Uncertainty Principle
Tracking Market Cycles as “Fields” in Price and Time The rather ominous sounding Hindenburg Omen was the latest in a long line of one-off indicators said to be heralding an imminent global stock market crash. The basic premise of the Hindenburg Omen is worthy of contemplation. Extreme readings in the number of shares reaching new…
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Demystifying the S&P 1228 Target that Killed the Rally
If you were not looking for an important potential market top in the 20-week cycle, that was anticipated to be running long, on November 8, as the market closed in on the S&P 500 target of 1228, you must not be familiar with the Long Wave Dynamics approach to market analysis. The Long Wave Dynamics…
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