Search results

It’s technically the term spread. A healthy yield curve is upward sloping. When the spread between long term and short term rates narrows, it means that growth expectations are diminishing (aggregate view on rates and inflation is low).

It’s the 10yr minus the 2yr.

While I appreciated Von Mises contributions to discourse on credit cycles, I think where his approach ultimately fails is that it does not properly understand the role of a currency (“money”) in an economy. Ideally (and how most governments structure their currency), money is of very little...

Start with the definition: - the rising price level of the same basket of goods Then think about the components in the definition: - price level - quality of goods Let’s start with price levels, why do they rise? - more demand for a good (greater number of buyers or more purchases for the same...

This is a very one dimensional perspective.

IMO people using vwap as a trading indicator simply don’t understand its use. It’s a benchmark price versus an indicator of future price.

It's funny that you bring up ad hominem when you are skirting my contention, which isn't about the article you posted, but your argument against Krugman. If I wanted to attack you I'd just call you an incel, but I don't need to use that to explain why I disagree with your assertion.

No, it’s bullshit, though you probably don’t know enough to know it, considering your source and previous citations. FYI Krugman also won the John Bates award in ‘91 and his papers and early books are widely regarded in both the academic and business communities.

AKA having more than just one position. :P

That's because the slope of the 200dma is a good proxy for stock price autocorrelation. Note: for single stocks, most traders exclude the last month due to the short term reversal factor. So a lagged 250/200dma, ranked vs other stocks, can be an easy way to spot companies that will be added to...

Trump is all bark no bite lol. So glad I can ignore him now that's no longer in the WH (and never will be again) -- the dude feeds on attention. :rolleyes:

Really good read -- health is super important. I've been using the 5x5 routine and mix in running. Helps keep stress levels low and self esteem high. I have been thinking about doing a proper 8-week rotation. Anyone know another good routine like 5x5 I can alternate with?

Yeah, the funny thing is that when traders at banks/hedge funds put in orders, they are not analyzing the price chart to make a call. I think this is something retail traders can learn from pros -- separate your trading function with your idea generation and risk management functions. It should...

I use VWAP as a benchmark of price through the trading day or through the period I am trading. If you can consistently beat VWAP, it still doesn't mean that you are generating a positive PnL, just FYI. Traders at banks and hedge funds use VWAP to see how efficient they are in filling orders and...

I was illustrating the fact that if you did not know basic macro, you would arrive at that view you posted. Ok dude. Sample of Macro favorites vs. Reddit/WSB favorites on a pct basis for the last 6 months: (these are all at the index level -- the white line is an index of Reddit/Twitter...

I didn't say otherwise.

that's funny, did you get it from a q drop?

As long as you’re honest about your approach and what you are trying to accomplish, then I have no problem with the way you invest. The market is big enough for both of us. I’m more concerned with people selling fiction, or those providing disinformation/Bs to newbies.

FT is high quality stuff :thumbsup: