Per the request of an NFTRH subscriber who has been using these vehicles (Teck & Vale) to ride an 'inflation trade' scenario we have been discussing... TCK daily is in…
I just covered my largest position, which was a short on SPY held (and increased last week) for several months. This joins leveraged index shorts that were covered on Friday. …
I read an article at Bloomberg the other day that focused upon a former mathematics professor who now runs his own Mom & Pop ‘quant’ shop (his home) from the desert plains in New Mexico. The article noted that there are big, powerful quants in New York City and there is a constellation of little guys out there writing their algos and skimming the markets with the precision that mathematical codes instruct.
Meet the DIY Quants Who Ditched Wall St for the Desert
It was a cute story as our little quant gets to step outside and breathe the desert air when he gets stressed. These little satellites even have their own quant superstore of sorts called Quantopian. Some guys go to home depot or the local hardware store (to the extent they still exist) for their tools. These guys go to Quantopian for their tools and software to build out their own unique quant strategies.
This got me thinking about the markets in general and the S&P 500 in particular. I have called the vast global markets an amalgam of investors, casino patrons, day traders, substance abusers, black boxes and algos because it seems on any given day or week to be a hyper frenetic, emotion-driven mess.
I thought the pattern was sneaky bullish and that is why I held BSX as I sold the others last week. Today it boinks the 50 day moving averages.
As noted earlier in the week, MSCC was bought back at support after being sold just below target. So far, so good although also uninspiring as yet.
Markets flew around all over the place today. Precious metals down in pre, stocks up. Stocks down post-Draghi, PM's up. I remain positioned for balance in the miners (reestablishing some…
I have allowed for the S&P 500 to rise to 2030 (bounce target: 2000-2030) before starting to even think about a revision of the ongoing intermediate bearish analysis. Today's post-Draghi…
They say in trading only an amateur returns to the scene of a crime recently profitable trade, lest he give back the gains. Well, my name is Gary and I…
It was an adorable little pattern on a quality stock that got beat up post-earnings for some reason. Taking 7% and this leaves only one bounce vehicle (medical device company…
It's got higher to go to reach the 50 day averages and is not over bought, but in keeping with the recent theme, I sold IDTI (as w/ MSCC and…
Considering I did something that is very difficult for me (momo'd FARO after its good earnings report as it popped and pulled back in-day) I am taking my chips in…
The first market bounce sale is MSCC, although I added another stock that had not gone anywhere yet, so I am still technically just as long the market bounce. But…
As the market bounce and gold reaction proceed forward, it will pay to keep an eye on the macro theme that I think is more important than most others, gold's…
This article assumes one is trading the up and down swings in the stock market. Swing traders are just one segment of a market population that includes those sitting in…
It's both, the famous Vampire Squid... and a bearish chart. GS is a former NFTRH+ long idea in anticipation of the last big market bounce, but this week was included…