Markets

[Note: This material is for educational and entertainment purposes only. It does not recommend investments of any kind. Use a professional and licensed advisor or broker when making investment decisions]   In the last few days, I have read articles on marketwatch.com, a Wall Street Journal site, that have done well to explain why stocks are where they are. We are into uncharted territory again–well it can’t be “again” and “uncharted territory” at the same time, but it’s new so perhaps “everything old is new again.”In order to make sense of the current market environment, I have to reflect back on the environment of the Tech Bubble in 2000. I was working a trade desk and right in the middle of the mania—the insanity of

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Movies

True Detective Season Four: Night Country  I haven’t watched Jody Foster in a movie or series since perhaps Safe Room and certainly before that in Silence of the Lambs.As part of the True Detective series, this time the story is set in a remote part of Alaska where it’s dark for an entire month during winter. It’s also in a small coastal town where many of the townsfolk represent First Peoples. When mystery and mayhem visit a group of researchers who sequester themselves in a nearby compound, Foster plays local law enforcement, and compares notes on the case with a native American woman, a state trooper.At first, this  one reminded me strongly of Dark Winds, a series I reviewed that took place on reservation  land

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Movies

I haven’t seen all of the nominated films–there are too many (ten) nominated films this year anyway. But I can talk about what I have seen. The Holdovers This one could also have been titled “The Throwback” in the sense that it’s an old-fashioned dramatic film: no CGI, no crazy special effects, no aliens, ghosts, monsters or supernatural beings, etc. It’s simply about a handful of people who encounter one another more acutely because they’re tossed together almost randomly like “leftovers “ that result in a surprisingly good goulash.  Like most good films, it’s unpredictable but credible. As a teacher, I was a little more engaged, perhaps, because the setting is the holiday break at a New England boarding school where the main character (Paul

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Markets

[Note:  This content is for educational and entertainment purposes only. Investment decisions should be made with the help of a professional.] In my most recent “Markets” post (https://www.moviesmarketsandmore.com/the-boy-who-called-wolf-was-right-just-when-everyone-stopped-listening), I offered two different charts and trendlines as  key support levels. The second level (5-yr chart) held, and the resultant bounce from the 4100 level sparked the market’s greatest November rise in decades, driving indexes near to the old highs of a year ago (see 6-month chart below). There are at least three reasons for the “upward crash”: Many sophisticated market players had bet on the market to go down and sold short (“buy low, sell high” but first borrow stock then sell it. They then buy later—-and preferably lower–to return the borrowed shares and pocket the

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[Author’s Note: I wrote this a little over a year ago.  Dec 14th, 2023 will be the one-year anniversary of her passing.] In Memory of Mary Helen Duren Hecht In the earliest memory I have of you, I woke to the music of your voice; my eyes opened on your smiling face. A young mother, you roused me from sleep with the softest, sweetest lilt you could produce. You knew how children’s dreams, their souls still bright, are visited by cherubs—in whose presence there can be no fear or need. You eased the harsh stir from soft bliss to garish day. And so, as a child, my heavenly dreams ended gently, and earthly days began with your smile and the music of your heart. [

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