Category Archives: Trading Resources

Its Heartbreaking But Bloody Funny

From Bloomberg (note – link doesn’t like Chrome) Apparently US bank firms have toasted their own 401K plans by investing in themselves. For the uninitiated a 401K plan is equivalent to our superannuation plans. PS : Its not really heartbreaking but still bloody funny.  

EURUSD

Looks like an opportunity to me.

Two Books Analyse What Makes Hedge-Fund Managers Great—And Reach Very Different Conclusions

Neat little review from the Economist of The Alpha Masters: Unlocking the Genius of the World’s Top Hedge Funds by Maneet Ahuja and The Hedge Fund Mirage: The Illusion of Big Money and Why It’s Too Good To Be True. by Simon Lack. I have already spoken about The Hedge Fund Mirage and found it to be…

Well That Was Fun Whilst It Lasted

Got bounced out of Spain last night. The joy of systems trading is going long when everyone else thinks the world is about to end.

Analysts

Wall Street relies on “stock analysts.” These are people who do research on companies and then, no matter what they find, even if the company has burned to the ground, enthusiastically recommend that investors buy the stock. They are just a bunch of cockeyed optimists, those stock analysts. When the Titanic was in its death…

XJO Context

I thought I would post two versions of my XJO context file. This is the longer term view – as you can see a very ordinary congesting market that has been range trading for close to a year. This is the context view compressed and I wanted to talk about signals within this chop. The…

Its Friday

Walmart is a uniquely American experience. However, I am certain that not paying enough attention at school would lead to the same life outcomes here. If you have a little bloke not paying attention at school simply show them this as an example of what awaits them in the future.

Happy Fourth Of July

Dow S&P500

Be interesting to see how the Yanks feel after their holiday.