Recent content by Woodrow97

This pretty much confirms that the stock market is not a good indicator of the overall economy, and to trade successfully one needs to only look at data that have major impacts on institutional investors. Image Source: Data Driven Investor

Best of luck, even if a state or the IRS offered me 0% cap/income tax rate to trade ICs, I would not take them up on that offer.

Hey man, didn't you call for SPX to hit 5,000 last year? How's that going for you? :D

So after waking up today, I went to check my joint account and almost spat out my coffee. My wife (she's a trader) put a large portion of my savings in some of the worst performing mining companies since the bear market started. I looked at a few, terrible fundamentals, almost no operating...

There have been talks of a "V-shaped recovery" in the major indices once the COVID-19 pandemic blows off. Well, that's not going to happen, because arguments such as this demonstrate a fundamental lack of understanding of how bear markets work. The COVID-19 was merely a catalyst which...

Hi dozu, glad to see you are still alive and well(shilling the QQQ), as always! :D For start, maybe try making the question more specific?

BRUH You need to read their reports, they guided revenue declines at constant margins, not withstanding the effect of buybacks, the implied EPS guidance is NEGATIVE.

You have no idea what you are talking about. The supplier for ALL of AAPL's semiconductors they use in IPhone, IPad, Mac, etc. is Taiwan Semiconductor Manufacturing Ltd., their revenues are down -23% Y/Y in Q12019! You also seem to be oblivious to what is happening in Asia, Huawei and Xiaomi are...

I'm not learned enough with regards to derivatives to comment on the subject. :banghead: Thanks for sharing your observations, riskarb.

The point is none of these guys are shorting the futures outright with no hedges attached. The pros always have two sides to a story and the trade at play atm, for example, is to short volatility AND short equity. The problem is retail only sees ONE side (and have HUGE contrarian egos): pros...

This reference to EM contagion is part of the reason why dumb money is directly buying into the same volatility that smart money happens to be shorting.

The two characteristics of any dumb money is: #1) They try to beat the market #2) They take on huge directional risk while trying to doing so. The pros couldn't care less about beating the market. If I'm worth $2 Billion, the last thing I care about is whether or not I make $500 million $100...