Top Advisors Corner

David Keller: Candle Patterns for Long-Term Investors

"The average long-term experience in investing is never surprising, but the short-term experience is always surprising."  -Charles Ellis

I have spent much of my career working with long-term investors to generate ideas and manage risk using technical analysis.  Parts of the technical toolkit actually seem much better suited for short-term trading.  However, from a tactical perspective, tools like candle patterns can be a good gauge of short-term sentiment and risk/reward parameters.  This can help long-term investors to identify better entry and exit points as they build or trim positions.

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David Keller: Dialing Up Data Viz

“The greatest value of a picture is when it forces us to notice what we never expected to see.”  -John Tukey

I recently attended the Bloomberg Buy-side Forum in New York where I appeared on a panel on the future of the Buy-side Analyst.  We discussed a variety of related topics, including the impact of data and technology on making investment decisions.  I explained that while we have certainly found ways to leverage computing power to manipulate data, we are embarrassingly behind the curve in terms of data visualization.

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Tom McClellan: When Not To Go Short Volatility

The VIX is a supposed “volatility index”, but it does not really measure actual volatility.  Instead, it measures what options traders think about volatility.  All of the various investment vehicles that have popped up in recent years that are tied to the VIX have enabled traders to go long or short “volatility” with relative ease compared to a few decades ago. 

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