About pebblewriter

I left Wall Street in August 2001 (95th floor of World Trade 2...timing IS everything) and continue to trade for fun and profit. I hold undergrad degrees in Math and Econ, an MBA and am a CFA. Which is all to say -- I have no excuse for the miserable mistakes I often make. This blog serves as a means to keep myself honest and my thoughts organized. It should not be construed as advice regarding any particular strategy or security.

How Broken is the Market?

This is day 6 of our membership promotion, running now through the end of the month for members and non-members alike.  We’re offering a 25% rebate off the first month of Monthly and Quarterly auto-renew subscriptions.  Annual memberships are available at a very substantial discount (which rewards those who act quickly!) Remember, the annual pricing … continue reading →

Sometimes You’re the Bug

Note: First quarter 2017 results have been posted.  For the latest, including news about a membership promotion starting today, CLICK HERE. Sometimes you’re the windshield, Sometimes you’re the bug. Sometimes it all comes together baby, Sometimes you’re a fool in love. Sometimes you’re the Louisville Slugger, Sometimes you’re the ball. Sometimes it all comes together … continue reading →

The Trouble With Meltups

The trouble with low-volume meltups driven entirely by algos is that they lack a strong foundation.  So, troubling economic, political or military news often unwind them — after hours, of course.  Such was the case with yesterday’s melt-up. There’s no shortage of bad news this morning: a new UK election, horrid factory output, oil’s production cut in … continue reading →

Trump Falls in Line

Trump, who rode to the White House on promises to fix healthcare, avoid foreign wars, embrace Russia, dis NATO, label China a currency manipulator, rebuild infrastructure, slash taxes and upend the Federal Reserve is well on his way to reverting to the same stance as nearly every other mainstream politician in recent memory. Yesterday, he declared that … continue reading →