Futures/Spot Variance

[MrDODGE]

Huge variance at close today!

YM is at 7,492 and DJI closed at 7,608.92.

 

[nazzdack]

1) That's not "variance". If the NYSE were open, The DJIA would be trading equally lower.
2) The Fed, PPT and GS are setting up the market for an April Fool's reversal.

 

[piezoe]

Quote from nazzdack:

1) That's not "variance". If the NYSE were open, The DJIA would be trading equally lower.
2) The Fed, PPT and GS are setting up the market for an April Fool's reversal.

Good! Who doesn't like a surprise now and then?

 

[circadian]

variance = sigma^2

 

[MrDODGE]

var⋅i⋅ance [vair-ee-uhns]

–noun

1. the state, quality, or fact of being variable, divergent, different, or anomalous.

2. an instance of varying; difference; discrepancy.

—Idiom

at variance, (of things) in a state of difference or disagreement.


I wasn't referring to the statistical term.

 

[Mercor]

Quote from MrDODGE:

Huge variance at close today!

YM is at 7,492 and DJI closed at 7,608.92.

Buy YM. Easy money...yes no?

 

[TraderZones]

Quote from MrDODGE:

var⋅i⋅ance [vair-ee-uhns]

–noun

1. the state, quality, or fact of being variable, divergent, different, or anomalous.

2. an instance of varying; difference; discrepancy.

—Idiom

at variance, (of things) in a state of difference or disagreement.


I wasn't referring to the statistical term.

It isn't a variance when one of them is closed. That is like asking, "why is the market lower than it was 3 hours ago? That is what he was trying to tell you. But you don't seem to get it...

 

[circadian]

Quote from MrDODGE:

var⋅i⋅ance [vair-ee-uhns]

–noun

1. the state, quality, or fact of being variable, divergent, different, or anomalous.

2. an instance of varying; difference; discrepancy.

—Idiom

at variance, (of things) in a state of difference or disagreement.


I wasn't referring to the statistical term.

gotcha