And whalla lol!! Fake news no deal!
markets totally confused with fake and phone trade news...
who is putting out these fake news releases and are they profiting from them???
Looks so, ???
Posted 12 September 2019 - 09:58 AM
And whalla lol!! Fake news no deal!
markets totally confused with fake and phone trade news...
who is putting out these fake news releases and are they profiting from them???
Looks so, ???
Posted 12 September 2019 - 09:59 AM
getting on the sidelines to watch this market for a few minutes or more while the fake news is digested
Posted 12 September 2019 - 10:00 AM
You wouldn’t know it from looking at stock market indices, but this week has seen some MASSIVE moves beneath the surface - a “momentum crash” that is eerily reminiscent of the August 2007 quant quake. Here’s my FT take https://on.ft.com/2AaNqGI but it deserves a full thread. 1/n
Posted 12 September 2019 - 10:05 AM
Someone - who knows before the rest of us - is surely making zillions from this fake news blizzard
Helene Meisler Retweeted Streetinsider.com
so Tariff Man is still around...
Helene Meisler added,
Posted 12 September 2019 - 10:16 AM
Closed all QQQ calls, now flat QQQ
Closed remaining XLF long, now flat XLF
Still holding TLT short
Posted 12 September 2019 - 10:16 AM
Closed all QQQ calls, now flat QQQ
Closed remaining XLF long, now flat XLF
Still holding TLT short
Posted 12 September 2019 - 11:00 AM
You wouldn’t know it from looking at stock market indices, but this week has seen some MASSIVE moves beneath the surface - a “momentum crash” that is eerily reminiscent of the August 2007 quant quake. Here’s my FT take https://on.ft.com/2AaNqGI but it deserves a full thread. 1/n
7:25 AM - 12 Sep 2019
That link has a very interesting article. I particularly liked this paragraph because...well, because those are the quants. My son tells me "you can't beat the quants" and I have to reply "which computer is getting its asss handed to itself today?"
On August 6 2007, the quantitative investing industry, whose computer scientists used trading algorithms to systematically mine markets for money, suddenly and mysteriously saw their models go haywire, racking up huge losses for many “quant” powerhouses from Goldman Sachs Asset Management to Renaissance Technologies.
"Mysteriously" - love that word.
"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).
“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”
"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."
Posted 12 September 2019 - 11:20 AM
Still outside looking in at this crazy market
If you can trade this market, you are a genius.
Uber employs the smartest people in the world because no one else can figure out how to lose $5 billion a quarter while not paying employees and owning no assets.
Posted 12 September 2019 - 11:22 AM
and enjoying the tweets:
Stevie Vixx Retweeted Quoth the Raven
Stevie Vixx added,
Posted 12 September 2019 - 12:06 PM
Looks like a SHORT SQUEEZE in progress
But not yet at extreme pain, this can happen later or tomorrow