Barry Ritholtz, Columnist

No! The Dow Death Cross! (Oh, Never Mind)

In the long run, it doesn't amount to much.

August 12, 2015 at 2:29 PM UTC

Barry Ritholtz is a former Bloomberg Opinion columnist. He is chairman and chief investment officer of Ritholtz Wealth Management, and was previously chief market strategist at Maxim Group. He is the author of “Bailout Nation.”

Don't fear the reaper, either.
Photographer: Christopher Furlong/Getty Images

Provide news feedback or report an error

Site feedback:

Take our Survey

This article is for subscribers only.

One of the themes we like to touch on in this column are heuristics. Myths that become Wall Street rules of thumb have existed for as long as there have been trading desks. They are legion, they pop up regularly and most of the time they are terribly wrong. Woe to the unwary trader who relies on the urban legends to inform an outlook.

We have at various times examined the Hindenburg Omen, NYSE margin, economic conspiracy theories, buybacks, sentiment, single-factor indicators and more.