One Of The Craziest Days EverThursday was beyond crazy. If you are bullish, and you used this as ‘evidence’ of anything, then you are likely sorely mistaken.Want $100 for free? I will send you $100 if you can cut and paste the correct description of what occurred as...
This Is The Second (Gulp)Well, I have have started thinking about it today, that’s how bad. I have only mentioned it in passing, by saying that bonds and foreign exchange are bigger than stocks.
HODL (Hold On For Dear Life)This nutty saying got started on Reddit, on WallStreetBets, where meme stocks (AMC, GME) began. You notice that WSB didn’t band together to push around foreign exchange markets or the US government bond market, wonder why that could be...
Quad Witching Is HereQuad Witching is the third Friday of March, June, September, and December. That would be tomorrow (and tomorrow and tomorrow, see what I did there?). It’s the day that the four largest sets of derivative contracts expires, all on the same day. The...
It’s A Special Day (Maybe)Not financial advice dyor.It’s Quadruple Witching Day today. Take a look at this article, you do not need to understand it (click here). This is a very good description of what is going to occur today, all day.More simply and vaguely put,...
Even Short-term Traders Can’t Escape ThisThe small “i” is the yield on the graph above, and NPV is the price of any financial asset. I’m not sayin’, I’m just sayin’…. (dyor).Shortest list of asset prices affected.Nasdaq (ticker QQQ), the most interest-rate...
Relationships Among Assets, However, Need To Be ObservedThis is the graph of the US long bond symbol TLT (ETF in blue) vs QQQ (ETF in purple, of the Nasdaq). Generally, this is known/accepted to be almost exactly related (so if TLT is higher, we would expect QQQ to...
Think You Have An Edge? Think AgainThis is a screenshot from a professional futures trader. This person is not alone, there are TONS of people that know this. VPOC VWAP etc. Known. The idea they are making it up? Nah. The idea that you have an edge over them, even...
A Mess Ensued: No Surprise to GH2 UnfilteredThose who have watched GH2 Unfiltered videos (Paid subscribers, duh) about financial markets observed this as it occurred (#MondayMorningQuarterbackingNotAllowed). IT WASN’T THE DIRECTION I OBSERVED (I am agnostic observer),...
The Rolling Past 12 MonthsClear what has happened: Russell 2000 (small caps) outperformed by a wide margin (a full year’s worth in 3 months) through March and then nada for 7 months in a row.If you observed this, and understand the idea of mean reversion, what to do...