Tuesday, January 1, 2013

Recommended Web Sites

Follow our regular commentary on Twitter here

I recommend bookmarking and regularly visiting the sites listed below. It's a partial list and our apologies for failing to list many others that are equally excellent.

What is the Fat Pitch?

In baseball, a fat pitch is a hittable ball. The odds are in your favor. You might miss, but it is a situation where you should take a swing of the bat. If you swing at good pitches and avoid the crappy ones, you improve your OBP. Once on base, it become a running game.

The stock market serves a lot of curve balls. Now and then comes a Fat Pitch, your odds-on opportunity to swing the bat. Get on base and then manage your base-runners.

Specifically, the Fat Pitch on this site refers to two situations.

Fat Pitch Market Summary: A Structured, Quantitative and Empirical Methodology

The objective of the Fat Pitch is to provide a structured, quantitative and empirical methodology for evaluating the state of the market. At any point in time, there are a variety of factors pulling on the market. We want to determine the relative importance of each factor in order to answer two questions:
  1. In which direction should we be investing in the market? 
  2. Are tailwinds behind this direction or are headwinds picking up?
Every Friday we publish a Weekly Market Summary with green, yellow and red lights on it. Green is good and red is bad. Everything on this site is in support of this market summary. The little tabs across the top of the site (trend, breadth, etc) mirror the different factors we follow to monitor the market. There is nothing here that doesn't fit with the methodology. Anytime you want to understand why a factor is red or green, click on the tab and read the accompanying analyses. To the fullest extent possible, we quantify and use empirics to determine the state of every factor.



Each factor discussed below.

Who is the author of this blog?

Everyone always wants to know how the story ends. So let's start there.

2014
If you would like to connect, please visit my LinkedIn profile.

2013
One of Business Insider's Top 100 People in Finance to Follow

Started this blog.

2010
Blocked by Zero Hedge.

2008
SPX at 1500. Said, "I will now spend more time trading." Learned many real time lessons on the way to 666.

1998
Moved back the US and founded consulting firm with two partners. Focus is on corporate and product strategy, especially for medical technology companies. Many large, listed companies are clients.

For Entertainment and Educational Purposes Only

Nothing here constitutes advice. All investment decisions you make are your own.