Category Archives: Quote of the Day

QOTD: LBJ Walks On Water

If only LBJ had Twitter! . If one morning I walked on top of the water across the Potomac River, the headline that afternoon would read: ‘President Can’t Swim.’  –  President Lyndon B. Johnson . (QOTD – Quote of the … Continue reading

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Quote of the Day (QOTD)

Remember: Prices drive narratives.   – Eddy Elfenbein Or, as we like to say,  “analysts retrofit fundamentals to the price action.”

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QOTD: All The World’s A Casino

“The world’s not just a stage. It’s a casino, and our lives are games of chance.” – Michael Lewis

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Quote of the Day

People are wired to notice lions much faster than they notice apple trees. That’s why we are alive. Since there’s no more lions chasing us down Main Street, the news tries to find other ways to trigger that fight or … Continue reading

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Quote of the Day

“When markets trade violently, it is often the harbinger of a heart attack.” – Jeff Cooper

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Quote of the Day

The Internet is the most deflationary invention of all time  – Todd Harrison,  Minyanville 

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Quote of the Day: Smelly Mackerel

Macro trading is about as difficult as I’ve ever seen it in my career. – Paul Tudor Jones, quoting the late Jimmy Hendrix. “What is the cause? Paul Tudor Jones says that central banks are the cause for this manic … Continue reading

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Quote of the Day

What’s clear right now is that making money in stocks is difficult with the market in a correction.  – IBD

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Quote of the Day: Euro Mess

The eurozone remains stuck in a horrific mess…the strategy of competitive austerity cannot return the eurozone to economic health. It guarantees a feeble eurozone economy…the will to sustain the eurozone intact is formidable. This then is a clash between an … Continue reading

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Quote of the Day: Good Investing

…buy some good stock, and hold it till it goes up, then sell it. If it don’t go up, don’t buy it. – Will Rogers,  NY Times, November 1, 1929

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