Phil Pearlman's Blog

Today, I have begun work as interactive editor at Yahoo! Finance.

I’m thrilled to get started and will be focusing much energy on bringing super high quality and expert voices to the site.  Over the coming weeks, I will relay more specific details so stay tuned!

Leaving StockTwits was a very difficult decision as I’ve committed myself to growing the community with every bit of energy and as I have grown to love it.

Many thanks to Howard who is a great friend and an amazing mentor.

I also want to give a special thanks to Justin, Josh, Tadas & James who have each contributed to my professional growth in incredibly constructive ways.

Here we go…

Charts for days with JC. We cover the broad index, bonds, coffee & a new feature taking requests including $CRUS, $NFLX & $DG. Check it:

$KC_F $ZB_F $SPX

Here’s this Weekend’s Chart Extravaganza with JC.

He lurves the $HLF above 66.50 and we dissect the price action and the dynamics at play there. Also, we hit the recent outperformance in $XLE as well as a potential bottom in the $EEM : $SPY ratio.

Have a watch…

I had the opp to chat metals with Grafite Capital’s Mihir Dange at the CME this afternoon. He trades the precious metals and he’s all over the gold and silver markets. We got into about gold, Syria, volatility, the gold to silver ratio and more. Check it:

$GC_F $SI_F

In Thinking Fast and Slow, Daniel Kahneman writes,

The decision to invest additional resources in a losing account, when better investments are available, is known as the sunk-cost fallacy, a costly mistake that is observed in decisions large and small.

Microsoft has already committed to mobile in a big way economically, strategically and psychologically.

Those costs are sunk.

Now, instead of admitting failure, realizing mobile has been a huge loss and redirecting resources elsewhere or towards a newly devised and better mobile strategy, $MSFT will throw 7 billion at $NOK, a former leader that has failed miserably in its own right.

Microsoft doubles down to perpetuate a myth that it is still in the mobile hunt instead of experiencing loss realization.

Sure looks like sunk cost fallacy.

ht: prism decision systems

Here’s the weekly chart analysis cha cha with my man JC Parets.

From the big ugly bearish engulfing monthly candle on the industrials to the bottom in bonds to the Glengarry S&P 500 levels, we got it all for your viewing pleasure:

$DX_F $UUP $ZB_F $TLT $DIA

Blu has an amazing capacity to integrate multiple complex factors in his analysis and somehow manages to clarify Fed tapering, housing, rates, emerging markets, Syria and crude in this short video. Great takes…

$ZB_F $CL_F $FED

I just spent some time discussing Hyperloop, Tesla & transportation disruption with Terra Joule’s awesome Gregor Macdonald.

This is smart stuff and and if you are seriosuly interested in the transport or energy infrastructure space, I am thinking you will enjoy:

$TSLA $FM $F

Here’s this week’s interview with JC Parets. We run through a bunch of the charts you will want to be watching this week ahead and what you will want to be looking for.

We cover much ground swiftly including:

1. Ralph Acampora’s shift from bullish to bearish.

2. A comparison of the damage done on The S&P 500 vs. The Dow Industrial Average

3. Herbalife.

4. The Homebuilders including names like Home Depot & Lowe’s

5. The potential for a rally in the 30 Year Treasuries

Have a look:

$SPY $ITB $DIA $HLF $TLT

I’ve been at the beach and so am out of the loop a bit about what’s going on in the market. I did see this about the NASDAQ outage and, as I check around, note that everyone is talking about it ad nauseam,

If Fischer Black were alive today, I’m sure that he would be laughing hysterically or perhaps he would be unable to stop throwing up.

Two points:

1. The market is not broken. NASDAQ is having some serious issues but they will get them squared and then everything will proceed as they were previously. Recall when the AP Twitter account was hacked and the market dropped for a minute and all the pontification during and afterwards. Meanwhile, that occasion was barely a blip in the larger scheme and $NDAQ is probably a buy if its down 5%…

2. If you spent the afternoon attending to this instead of your portfolio, then you were just wasting time on the noise of the day.