DOW drops big again – Down 1175 pts to 24,346 or -4.6%

| February 5, 2018

Well, well, well … perhaps this is the correction many watching the financial markets have been looking for as a 4.6% drop on the DOW in a day is a rather large one. It was another day of selling on Wall Street helped by computerized programmed trading and likely the relatively new ETF broad based […]

Proof: ETFs a Self-Fulfilling Prophecy – Herb Greenberg

| October 14, 2011

Great piece by Herb Greenberg on the negative impact of ETFs. From the “markets-are-broken” department: Whenever we talk about the impact of exchange traded funds (ETFs) on the market, the one missing link is quantitative evidence that ETFs (especially the levered ones) are rapidly becoming the monster they weren’t created to be. Read at Proof: […]

Desultory - des-uhl-tawr-ee, -tohr-ee

  1. lacking in consistency, constancy, or visible order, disconnected; fitful: desultory conversation.
  2. digressing from or unconnected with the main subject; random: a desultory remark.