TGT

Identifying stock market trends is like eating and drinking the Zeitgeist. It has to be inside you to understand it. You have to be social, go outside, go to parties, etc. If you’re not “hip” then you’ll never see emerging trends until they’re already established. Then it’s a matter of chasing their coattails and riding them for a bit. Years ago Howie had a great tag-line for his blog, it was “Trends… Find them, ride them and get off.” I thought that was a great way to frame the problem and represent one way to generate “alpha” for the short term. Get in on a trend before it takes off and then ride it up (or down). The next trick is getting out, as Howie so eloquently puts it, “ride them and get off.” ...