This story of the market falling 450 points is going viral on Reddit, which is unusual because finance-related stories typically don’t make it on the front page. The fact the market fell a lot on the first day of the new year is meaningless. If one mines data long enough they will find all sorts… Continue reading The China Shop in the Bull
Tag: stock market
The Big Short: Market Genius or Luck?
There are a lot of finance articles lately due to the hype over the film adaptation of Michael Lewis’ book The Big Short. Interview with Michael Burry, Real-Life Market Genius From The Big Short Is he a market genius or did he just get lucky? There is evidence of genius, in that between 2000-2008 Michael… Continue reading The Big Short: Market Genius or Luck?
Jim Simons: A rare interview with the mathematician who cracked Wall Street
Pretty impressive. His strategy is to sift through immense quantities of data to find patterns and then exploit these patters until they stop working. However, the Renaissance Medallion fund since 1993 has been closed to to the general public and is only available to employees of Renaissance Technologies. The computer-driven Medallion fund has made an… Continue reading Jim Simons: A rare interview with the mathematician who cracked Wall Street
Aggressive SPX Bull Call Option Strategy To Play Market Rebound
The stock market is going higher and I have positioned myself accordingly, but there is also a small probability that within the next month the S&P 500 will stage a complete V-shaped recovery and retest the highs above 2100, similar to the v-shaped rebound October 2014. To profit from a v-shaped rebound, I opened a… Continue reading Aggressive SPX Bull Call Option Strategy To Play Market Rebound
Revisiting the SVXY strategy (and why I like SVXY over VXX)
In October 2014 as the Market plunged, I devised a strategy to make money buying SVXY call options. To get up to speed, read part 1 and part 2. I also recommend checking out DRT trading …I just found this site today and it is perhaps one of the best websites on index option trading… Continue reading Revisiting the SVXY strategy (and why I like SVXY over VXX)
Bailouts, Obama, and Debt
From Christopher Cant-think-well: And Then The Market Crashed Anyway He writes: You might recall that incident, when George W. Bush said he had “abandoned free market principles to save the free market system,” don’t you? Lotta good that did. Last time I checked, it may have done a lot of good. The S&P 500 has… Continue reading Bailouts, Obama, and Debt
While Many Panicked, Japanese Day Trader Made $34 Million
While Many Panicked, Japanese Day Trader Made $34 Million But the left insists that the markets are rigged, a bubble, a scam….this is not supposed to be happening. Yet again, empirical reality keeps slapping the left across the face. The left says the market is a zero-sum game, yet people (such as the example above)… Continue reading While Many Panicked, Japanese Day Trader Made $34 Million
High-IQ Wins Again – Stocks Surge For 2nd Day
Stocks keep going up, the left’s shrill cries for crisis still being ignored. Zerohedge wrong again, another defeat snatched from the jaws of what seemed like a certain victory. So close and yet so far. The Nasdaq is up a mind-blowing 7% in the past 2 days alone – staggering. The S&P 500 up 6%.… Continue reading High-IQ Wins Again – Stocks Surge For 2nd Day
Buy The Dip
As everyone is freaking out about stocks falling, a buying opportunity has presented itself: The pattern now is reminiscent of the selling in late 2011 which, in retrospect, was a good buying opportunity as the market proceeded to rally another 70%. The big concern right now is over supposed economic weakness in China. But aside… Continue reading Buy The Dip
Lost Decade? Hardly
From James Pethokoukis: Lost Decade? The US is about to have its first 10-year period since World War II without at least one year of 3% growth. Mr. Pethokoukis, in his earlier articles, is right in his criticism of regulation and raising the minimum wage, but he is wrong to suggest we’re in a ‘lost… Continue reading Lost Decade? Hardly