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Cathie is a master as long as you don't bet on her. I don't know what else to say in English.

I am pretty sure that is a poor way to visualize the data too. We are amazing at visually comparing quantities as lines or horizontal/vertical bars. 3d surfaces not so much.

I bought SCHW Friday because it seems like a big block trade really spooked people about it in the morning and it got wrapped up in all this. I think there is a good trade here because everyone remembers the last banking crisis. Someone managing other people's money has to be defensive here...

I bought some SCHW in the afternoon. I wish I could say I would be shocked if we had another bank contagion but it really wouldn't be shocking at all. SVB seems like such a different type of bank though. Just downloaded the annual report that came out 2/23. That will be an interesting read...

I bought DIA and SPY this morning. Still bearish long term but I like this spot for a trade. It is interesting that the market is handicapping a 50/50 chance for 25 or 50 bps rate hike on 3/22. I like my odds that this is a bit of an over reaction so there should be a nice long trade here as...

I would fade/short at $1.61 on this open but I wouldn't trade something with a market cap of 18 million. That just doesn't take much at all to move the market. You would even have to mindful of your own market impact.

I don't know why people have such a hard time understanding this. Maybe it is because there is not a good analogy to other products in the non-financial space. AQR is offering products to those who are trying to diversify risk away from the index. There is no point then in comparing the...

Qanon is a poor analogy though outside of maybe Fibonacci ideas. You can see in that Paul Tudor Jones video from 1987 they were using Fibonacci. The issue is that in 1987 Intel's top of the line processor was 10 MHz. TA is basically state of the art financial data and time series analysis if...

You can just get into conversations about economics and finance. An example of a topic and then picking aspects of the response for more information: "hey chatGPT, can you tell me about stochastic volatility?" then "Can you tell me more about stochastic processes?" then "Can you expand on Markov...

They surely already know this and it is a calculated bet. I know China has capital controls and I barely follow the markets in China. This is a really bizarre article as if this is something new. Talking about Deng Xiaoping? What year is this? I just doubt this guy is that clueless so for...

To me, Masterworks seems like a brilliant idea. It seems far less of a scam than these ETFs that just buy small baskets of stock that anyone else could buy and then charge a 1% expense ratio. Masterworks is actually offering an uncorrelated bet. Art galleries holding too much power is feature...

That is just not true. There are a ton of businesses that will knock off any oil painting you want at that size for less than a $1000. There are knock off Monet's in oil on ebay right now for $50 bucks from Asia. Beautiful work too. There is no shortage of painters in the world that need...

"Man uses software to defeat GO software" Things like this are what make me laugh when reading news articles that say chatGPT is a bullshitter. chatGPT has absolutely nothing on the news when it comes to bullshitting. This article is straight up deception.

So many different styles of trading too. If SPX makes a new 6-month high there is also a short opportunity as people pile in way late thinking they have missed out and then you get a pull back from the high with a short that had very little risk. I am not able to see some kind of sequence...

Personally, I have no use for a Heston model but I do think it is cool chatGPT can write these up even with poor quantitative reasoning skills. I am pretty much trying to use chatGPT whenever I run across any problem just to see what happens. Even to say something can be easily Googled I have...

Here is what it thinks is a working Heston model in python that it wrote. Trying to calibrate it though to a pandas series of S&P returns with maximum likelihood it went off the rails trying to rewrite the whole thing and blew up into nonsense. I have never had good results if it hits the limit...

It says more about the industry and regulation that something this gimmicky and stupid could come to market as a product. An expense ratio of 1.2% to hold an equally weighted portfolio of Jim Cramer picks is nice scam for Tuttle Capital Management .

I believe this is because it just gives the answer with the highest probability as if it is correct and we don't get to see the alternative possibilities. It is giving the answer as 100% even if internally the answer only has a 40% probability of being correct as there is just much uncertainty...

The biggest issue is the window size. If you mean a cross-over system, for how I trade at least the signal is way late. If just for the trend, I think if you take the middle value between the high and low as a series it is close enough with the benefit of no moving window. Beyond that you...

It certainly doesn't help we are building 9000lb EV Hummers. EVs have basically become a sociology experiment. There should be so much shame on the person for wasting electricity with the EV Hummer that it never gets built. If we were serious about this as a society there would be social status...