As the slowest news cycle in history continues, stocks keep raging higher. You can’t stop spendism, can’t stop technological innovation, can’t stop those web 2.0 valuations from going higher, can’t stop exports, can’t stop blowout profits & earnings, can’t stop IQ from being important, can’t stop smartism. Everything is awesome and no one outside of… Continue reading Wealth Spreaders Lose Again As Stocks Keep Going Up, GOP Victories
Using a Linear Combination to Make Money with Stocks
Any and all forms of day trading and market timing is for suckers. You cannot and can never win. Or attain what finance people call ‘positive risk adjusted returns’ Other things that don’t work: Moving averages, bands, trend following, Turtle trading, CANSIM, IBD 50 lists, watching Cramer, trying to ‘invest like Buffett‘ , newsletters, speculative… Continue reading Using a Linear Combination to Make Money with Stocks
Libs Attack Success, Celebrate Failure
They are both correct: Read my latest: Inequality Is a Partisan Issue the Central Bank Should Avoid http://t.co/CRKUfkFBie — Michael R. Strain (@MichaelRStrain) October 28, 2014 Big election story: voters want change direction. Leftward redistribution lurch over. Free-market capitalism, incentives, free enterprise. — Larry Kudlow (@larry_kudlow) November 5, 2014 Goldman is right: GOLDMAN SACHS: "We… Continue reading Libs Attack Success, Celebrate Failure
Karl Denninger is Just Another Doom and Gloom Liberal
Karl Denninger, like Nicolas Nassim Taleb and Peter Schiff, is yet another habitually wrong doom and gloom liberal. Until now, I haven’t written anything about Denninger – one of a handful of leftist, anti-fed pundits who rose to prominence during and after the 2008 financial problem. How is he liberal you ask? It’s simple. By… Continue reading Karl Denninger is Just Another Doom and Gloom Liberal
Quasi Barrier Options
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
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