Quasi barrier options are used to model how stock and option prices react to announced price floors and ceilings. There is surprisingly little literature about this, so I decided to take matters into my own hands and try to develop the options pricing formulas myself. Progress thus far https://en.wikipedia.org/wiki/User:Quasibarrier/sandbox#Problem_Setup Dealing with the put call parity… Continue reading Quasi Barrier Options
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Slow News Cycle
15 Reasons Why Americans Think We’re Still in a Recession Some of this sounds like cry me a river. We have to come to terms that in America’s post-2008 hyper-meritocracy a lot of people will be left behind, and there’s nothing we can or should do about it . Stocks will keep going up with… Continue reading Slow News Cycle
Is the ‘Dark Enlightenment’ Already Here?
The Grey Enlightenment is a moderate, optimistic offshoot of the ‘Dark Enlightenment’. The differences are explained here. The Grey Enlightenment can be described as neoconservatism and minarchism meets social Darwinism and HBD. It appropriates ideas of supply side economics, monetarism, and free market capitalism with biological determinism and eugenics. The ‘Dark Enlightenment’, also known as… Continue reading Is the ‘Dark Enlightenment’ Already Here?
Biological Determinism Bull Market Rages On
Stocks keep going up, as the economy is fundamentally sound and biological determinism means that those who are cognitively unfit to participate in the post-2008 wealth creation boom have to watch from the sidelines, clinging to their erroneous beliefs that the economy is weak and the market is rigged. This belief gives the left false… Continue reading Biological Determinism Bull Market Rages On
Post-QE, The Economy is Still Fundamentally Sound
The news cycle is pretty much moribund, especially now that Ebola is smoldering in Africa, having failed to destroy civilization as the left hoped it would. The fed officially ended QE, a non-event given the fed had been planning this as far back as May 2013. Despite the doom and gloom, QE was a resounding… Continue reading Post-QE, The Economy is Still Fundamentally Sound
No, The US Economy Is Not Stuck
From the Washington Post: The terrifying idea that the economy might stay stuck forever just got more terrifying Shoo the pallbearers away; the US economy is not only not dying or stuck, it’s thriving – especially compared to the rest of the world. The U.S. economy has fallen, and it can’t get up. At least… Continue reading No, The US Economy Is Not Stuck
Oil and Gas Prices Due for a Huge Rebound
If history is any guide, the left’s celebration of falling oil & gas prices may be premature. Here’s one such headline proclaiming the ‘end’ of of the oil: But wasn’t the end supposed to be in 2011 and 2012? What ever happened to that? The welfare left, in their wanting of crisis and deflation, are… Continue reading Oil and Gas Prices Due for a Huge Rebound
Free Backtesting Website
A couple weeks ago came across this free cloud based backtesting service, https://www.quantopian.com Here’s a sample code of a portfolio which I’m running that is long 60% QQQ (large cap US tech), short 30% foreign markets and short 10% small caps: def initialize(context): set_symbol_lookup_date(‘2010-1-1’) context.stocks = symbols(‘qqq’, ‘veu’, ‘iwm’, ‘eem’, ‘iwm’) def handle_data(context, data): #… Continue reading Free Backtesting Website
Neil deGrasse Tyson and Philosophy
The left, including affirmative action’s own astrophysicist Neil deGrasse Tyson, dismisses philosophy as useless. In my post of most and least respected majors, I list philosophy as being useful, along with STEM. On the surface, philosophy may seem useless, or at least devoid of any practical applications. You cannot build a bridge with philosophy, nor… Continue reading Neil deGrasse Tyson and Philosophy
Most and Least Respected Majors
IQ is more important than ever, says experts. It seems like STEM and the people who major in it are more important than everyone or anything else. It’s like, ‘You are an engineer? You know physics and can code? Let me kiss your ass.’ I’m not being sarcastic. Now couldn’t be a better time to… Continue reading Most and Least Respected Majors