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Compiling comments that experts make about stocks while on public TV.

2017-08-21

General Comment by Larry Berman CFA, CMT, CTA

Bias Subject Owned
UNKNOWN NORTH AMERICAN - LARGE & ETFs _N/A

Educational Segment.  Financial Astrology.  A study that went back to look for correlation between solar eclipses and stock market performance said that there is none.  There are all kinds of financial astrologers.  One newsletter makes market calls off astrology and he does not give it weight.  There are all kinds of academic studies. The more sun there is the better markets do. There is correlation, but not causation.  That is the ultimate question. There is a guy who correlates full moons to markets with the idea of disproving any and correlation he could not disprove it. Gold tends to either change or accelerate in a full moon.  He recommends you don’t pay attention to it. Markets like wheat and corn are influenced by weather which is influenced by tides and those by the moon, so you have to be careful of that.

Larry Berman CFA, CMT, CTA
Chief Investment Officer, Partner, ETF Capital Management Inc. http://www.etfcm.com

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