No Context

Is a picture worth a thousand words ?

Having discussed over the last few newsletters some subjects linked to the current crisis I would like to experiment on a new format this week. Shamelessly copying the idea of the intriguing Businessweek no context Twitter feed, I will curate in no particular order some intriguing pictures, tweets and charts, hopefully to trigger some thinking, debate or at a minimum provide some short diversion.





Dow to GDP Ratio


Inflation Adjusted WTI Crude Oil




“As the Chinese say, 1001 words is worth more than a picture.”

- John McCarthy


Happy to answer your questions and hear suggestions for subjects to explore. I sometimes post markets commentary on Twitter and some markets ideas on TradingView. Feel free to connect with me on LinkedIn.

I have recently started a Telegram channel where I post intraday live news and ideas and you should join it at t.me/entropycapital if you trade more actively or want to hear more ideas than the occasional email newsletter. This past week I focused on opportunistic trades in energy stocks and options catalysed by the oil storage problems.

In these times of uncertainty I am happy to offer all my newsletter subscribers free private 30 min consulting sessions on their portfolios & strategies. Not investment advice but rather strategy building. You can book a slot on my calendar here. I will be keeping this option open till the end of April only.

If you find this newsletter useful or interesting, and want to show your appreciation, the best way to do that would be to sign up, share it on your social media, or forward it to someone you think might get some value out of it.