Pathways Financial Partners Blog

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The Dead Cat Bounce and other Wall Street Myths

I foolishly tuned the sound up on CNBC earlier this week and heard a talking head use the term “Dead Cat Bounce.”  This Wall Street metaphor likens throwing a cat out of a 50 story building and supposedly signals a brief recovery in a falling market.  So-called “technicians” aka the ‘witch doctors’ of Wall Street, use this metaphor to describe a chart pattern suggesting one should avoid buying stocks during its occurrence.

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Happy New Year and look at 2018

It never ceases to amaze me how often pundits and soothsayers offer utterly inaccurate prognostications for capital markets. It does not amaze me, however, that the financial media, consistent promoters of “fake news”, are willing to give many of these talking heads a forum for their worthless nonsense.

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My Favorite Podcasts

Podcasts are one of the greatest inventions of the last decade or so. If you are not currently listening to any you are denying yourself access to some of the greatest minds of our era. In this post I hope to open your eyes to the world of podcasting and introduce you to a few of my favorites.

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