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Welcome and thank you for visiting!

The charts, graphs and comments in my Trading Blog represent my technical analysis and observations of a variety of world markets...
* Major World Market Indices * Futures Markets * U.S. Sectors and ETFs * Commodities * U.S. Bonds * Forex

N.B.
* The content in my articles is time-sensitive. Each one shows the date and time (New York ET) that I publish them. By the time you read them, market conditions may be quite different than that which is described in my posts, and upon which my analyses are based at that time.
* My posts are also re-published by several other websites and I have no control as to when their editors do so, or for the accuracy in their editing and reproduction of my content.
* From time to time, I will add updated market information and charts to some of my articles, so it's worth checking back here occasionally for the latest analyses.

DISCLAIMER: All the information contained within my posts are my opinions only and none of it may be construed as financial or trading advice...

Dots

...If the dots don't connect, gather more dots until they do...or, just follow the $$$...

Thanksgiving

Thanksgiving

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NOTABLE POSTS WITH IMPORTANT UPDATES...

Monday, January 22, 2018

Social Media vs "Snitch Media"

I'm beginning to dislike (specifically "interactive") social media platforms...a lot. Furthermore, I think they've reached their saturation point, as I've previously written about here regarding the media, in general.

It's far too easy for someone's intentions to be misinterpreted by mere words that one has written while in "conversation" with other(s)...which is why I don't waste any time on them and much prefer, either face-to-face, or phone conversations with people...and, also, why I've never included a "comments" section on my Blog (if anyone has any questions regarding my articles, they simply email me where they can be thoroughly dealt with to mutual satisfaction).

I wouldn't be surprised if "interactive" social media sites finds themselves in the dark in the not too distant future when enough people get fed up with this shortcoming...especially, now that Mark Zuckerberg is turning Facebook into an amateur police state with this (ill-advised, in my opinion) announcement...



From a trading perspective, this monthly comparison chart of Facebook (FB) and the Social Media ETF (SOCL) show their rise during the past five years, but Momentum has dropped off since it peaked at the end of Q3 of 2017...furthermore, volumes have been steadily declining since the 20-month volume moving average peaked in April of 2014...ones to watch over the coming weeks/months.


P.S.

This tweet (with link to Bloomberg's article) was released just minutes after I posted my article...need I say more...

Source: Bloomberg.com

Excerpt from article: Bloomberg.com

Even the Pope is weighing in on a related subject..."fake news"...

Source: Bloomberg.com