I traded options for more than a decade, and I learned that when everyone agrees on something, you better start to look at the other side of the trade. A quote I love from General Patton sums it up well: “If everyone is thinking alike, then somebody isn’t thinking.”
Ryan Detrick
September 2, 2022
The Dow fell more than 1,000 points on Friday on the heels of a hawkish Fed at the Jackson Hole Economic Symposium, the 13th time in history that Poppa Dow fell that much. As the chart below shows, most of these big down days have taken place lately, with two in February 2018, eight in …
Ryan Detrick
August 30, 2022
Are we having fun yet? The rollercoaster ride of 2022 continues, as the furious rally off the June 16 lows has taken a breather, with the S&P 500 Index finding resistance right at its 200-day moving average, a logical place for a break after a big bounce. Worries over a hawkish turn from the Fed …
Ryan Detrick
August 25, 2022
Why do we invest? Why do we hand over our hard-earned money – and advise others to do the same? We do so in hopes that we see a favorable return on investment. History tells us to be optimists. At our core, we as investors and advisors look to the future, not ignoring the risks, but focusing on …
Ryan Detrick
August 18, 2022