No thank you. I don't get my kicks out of a professional golfer posting pics of cats, a hot woman, and a fancy sports car. It just reeks of "look at me".
Market has topped on 2019/11/07. Get the hell out now.
- Thread starter noddyboy
- Start date
No thank you. I don't get my kicks out of a professional golfer posting pics of cats, a hot woman, and a fancy sports car. It just reeks of "look at me".
Perhaps you should be looking at non-correlation instead of correlation, like us options traders?
Are you a subscriber? If so, how was it? Profitable?
No. I've corresponded with Brent about his composite volatility indicator and watched some of his YouTube videos. I like his approach re risk management but never pulled the trigger with a subscription.
Why didn't you? He claimed this level of returns with a red light green light trading system, real easy to follow:
> 50% CAGR since 2010 for only $80/month subscription fee!!! Invest $5,000 using this system starting in 2010, by now you would have $186,875 in your trading account.
Sounds too good to be true???
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I've been trading my own strategies (backtested to 1995) with good results. I don't think a backtest to 2010 is long enough (it doesn't include extreme market periods like 2000 and 2008).
Interesting
Why Dow 28,000 could mark that ‘blowoff top’ bears have been predicting
By Shawn Langlois
Published: Nov 17, 2019 9:25 p.m. ET
Last month, the Federal Reserve began snatching up short-term Treasury debt to the tune of $60 billion per month in response to the repo mess that sent a chill through Wall Street back in September.
While it might sound like another round of quantitative easing, Fed Chair Jerome Powell wanted to make it clear: It’s not. “In no sense is this QE,” he said.
Smith used this chart to help make his point:
“Calling QE not-QE doesn’t make it different than QE,” Smith wrote. “The Fed’s level of panic is noteworthy, as is the absurd transparency of its laughable attempt to conceal its panic.”
And with that panic, Smith believes that the recent pop to new highs in the stock market could finally mark that elusive blowoff top.
https://www.marketwatch.com/story/w...off-top-bears-have-been-predicting-2019-11-17
Why Dow 28,000 could mark that ‘blowoff top’ bears have been predicting
By Shawn Langlois
Published: Nov 17, 2019 9:25 p.m. ET
Last month, the Federal Reserve began snatching up short-term Treasury debt to the tune of $60 billion per month in response to the repo mess that sent a chill through Wall Street back in September.
While it might sound like another round of quantitative easing, Fed Chair Jerome Powell wanted to make it clear: It’s not. “In no sense is this QE,” he said.
Smith used this chart to help make his point:
“Calling QE not-QE doesn’t make it different than QE,” Smith wrote. “The Fed’s level of panic is noteworthy, as is the absurd transparency of its laughable attempt to conceal its panic.”
And with that panic, Smith believes that the recent pop to new highs in the stock market could finally mark that elusive blowoff top.
https://www.marketwatch.com/story/w...off-top-bears-have-been-predicting-2019-11-17
Meeting with powell. Probably trying to push for another 1/4 point rate cut in December
ECONOMY
Trump and Jerome Powell meet on economy, but Fed says decisions will remain ‘non-political’
PUBLISHED MON, NOV 18 201910:34 AM
https://www.cnbc.com/2019/11/18/fed...ith-trump-mnuchin-to-discuss-the-economy.html
ECONOMY
Trump and Jerome Powell meet on economy, but Fed says decisions will remain ‘non-political’
PUBLISHED MON, NOV 18 201910:34 AM
https://www.cnbc.com/2019/11/18/fed...ith-trump-mnuchin-to-discuss-the-economy.html
Interesting
Why Dow 28,000 could mark that ‘blowoff top’ bears have been predicting
By Shawn Langlois
Published: Nov 17, 2019 9:25 p.m. ET
Last month, the Federal Reserve began snatching up short-term Treasury debt to the tune of $60 billion per month in response to the repo mess that sent a chill through Wall Street back in September.
While it might sound like another round of quantitative easing, Fed Chair Jerome Powell wanted to make it clear: It’s not. “In no sense is this QE,” he said.
Smith used this chart to help make his point:
“Calling QE not-QE doesn’t make it different than QE,” Smith wrote. “The Fed’s level of panic is noteworthy, as is the absurd transparency of its laughable attempt to conceal its panic.”
And with that panic, Smith believes that the recent pop to new highs in the stock market could finally mark that elusive blowoff top.
https://www.marketwatch.com/story/w...off-top-bears-have-been-predicting-2019-11-17
This is one of the dumbest articles I've ever seen in financial press. Another guy trying to drill up interest by using superlatives to get guys like you overly excited about nothing. The chart tells a far different story then what this guys selling.