Search Results for: dollar tree

SlopeCharts Now Has OBV!

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I’m seriously losing track of how many features we’re adding. I think this is the seventh one in two days. Anyway, as the title suggests SlopeCharts, my pride and joy, now has On Balance Volume.

The On Balance Volume (OBV) indicator is a relatively simple SlopeCharts indicator that combines volume and price to help determine change of trend. The OBV line chart doesn’t have its own price scale. Instead, you simply need to observe the pattern of the line and how it relates to the price chart as a whole.

As strong volume accompanies rising prices, the OBV will surge higher. However, as strong volume occupies drooping prices, the OBV will push lower. The higher the volume, the more “weight” the up or down movement in price will have. The lower the volume, the less the OBV will move based on the present direction. (more…)

Quixey Makes Sense Now

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The main drag here in Palo Alto is University Avenue, which is lined with pricey restaurants and retail. One city to the south of us, Mountain View, has their own main drag, and it’s called Castro Street (not to be confused with the gay mecca in San Francisco, half an hour’s drive north).

I’ve walked Castro many times (again, let’s not confuse the two), and I would often pass a very nice building which was neither a restaurant nor a retail store; on the front was a large sign, QUIXEY, and inside the building were dozens of young engineers, all of whom I’m certain were earning great six-figure salaries, working away at their keyboards. Beneath the “Quixey” name was the tag line: “The Search Engine for Apps”

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How Times Have Changed

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One of my favorite little books is called Hey Skinny! Great Advertisements from the Golden Age of Comic Books, which pretty much describes the contents exactly. It is a hodgepodge of cheesy ads from the mid 1940s to late 1950s for all manner of junk, and it’s eye-opening to see via these come-ons just how much has changed in merchandising. I thought I’d provide a sampling for your amusement, not edification.

First up is the “Lucky Grab Bag”, in which children would send in their precious cash in exchange for a bag of……….stuff. God only knows what stuff would come back, but I suspect it was whatever overstock items happened to be laying around the office……..ballpoint pens, sanitary napkins, swizzle sticks. I suspect an entire generation of kids learned the meaning of disappointment from the receipt of these parcels o’ crap.

1020-grabgab

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Effective Market Management: Art & Science

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saul steinberg
From Saul Steinberg’s 1954 drawing ‘The Line’

The notion that there is art involved in interpreting the economy and financial markets is probably heresy to many market participants and probably 99.9% of economists (that .1% guy being the one who’s excluded from the meetings and egghead social gatherings), whether they be right or left leaning (I always find it entertaining to hear right wing and left wing economists duke it out, as I did on NPR yesterday, coming to diametrically opposed conclusions amid the tax reform debate). (more…)