And there’s joy at Fenway as Boston Puts It To the Yankees.
If….you love the Yankees, I understand.
Every morning after a Red Sox game, Lisa’s grandmother tells me about the game. I already know what she tells me, but she gets quite excited at age 95.
She says, “Big Poppie (David Ortiz) clocked his third home run, and things are looking up for him” and “the stock market”, I add.
OK; not so fast, Randall. We have a lot of ground to travel before returning to solid ground. No banners hanging over Wall Street yet.
Just the same, the news is better.
Market analysts support viewpoints with statistics. Most of us find the data dreary. We scan the dull parts faster than a furtive glance.
Baseball stats dull the sound of the bat, the “wave”, and a Fenway Frank. Just the same, statistics and probabilities matter.
This summer, I went to my second Red Sox game. We sat perpendicular to third base. What seats! To my right and to my left, two middle-aged men kept track of every hit and every pitch for every inning.
I asked, “How come you do that?” They both said, “I just enjoy the game more when I do.”
So, for those who enjoy stock statistics, the attached SEI Investments commentary gives you plenty to ponder.
Quiz: Can you guess the stat before reading the right coloumn? They all seem esoteric to me.
| GIDP |
Ground into Double Plays |
| IBB |
Intentional Bases on Balls (Walks) |
| GOAO |
Ground Outs / Fly Outs Ratio |
| MB9 |
Baserunners Per 9 Innings |
| OFA |
Outfield Assists |
Here’s the article, “Small-Cap Stocks: Too Far Too Fast or Just the Beginning?” by James Solloway, CFA, Senior Portfolio Manager, Global Portfolio Strategies, SEI Investments, Inc.
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