@jam_croissant Why tho? Stocks going down creates deflation. To counteract, the FED has to print money. But why does that newly printed money have to buy stocks? They could invest/spend it elsewhere.
I finally got the Odds Comparison tool back online over at sportsbettingcalcs [dot] com!
If you're into tracking betting odds history, give it a spin.
If you have site improvement suggestions, please lmk!
(link in bio)
@michaellistman@vixologist No its through tradingview. If you want a python script to create a csv w vx30 columns and trade dates I'm confident I could write that in an afternoon. Much more than that w visualizations or thinkorswim integration or something is a larger project. Can DM w specs if interested
@michaellistman Vol clusters. We can stay in that lower quartile awhile. You just don't want to be short vol when we've been there awhile and start moving up out of it.
@willemijn_arjen Yeah it worked out last weekend, but ain't no way I'm shorting this near ATHs in mid December. Long oil stocks over the weekend is the way this weekend for me into tomorrows close. Polymarket has US/Venezuela engagement at 7% by Dec 15 and 22% by Dec 31 currently.
This is the way. December is incredibly bullish if we don't get the invasion. Invasion is likely to happen on a weekend and the following Monday would gap down if it happens, therefore, just stay max long during the week and max short from Fri close to Mon open every Dec weekend
@DoctorRazzWSOP@bennpeifert Why is Benn mocking value investing in his original tweet? Is it bc he read a bunch of value investing books and concluded the authors were idiots? Or bc he's backtested the data himself and concluded fundamental factors provide very little predictive value on future stock prices
@DoctorRazzWSOP@bennpeifert I'm not saying never read books, I'm saying especially for someone new and inexperienced like a high school senior, books provide a very low return on time investment compared to some form of hands on model building and backtesting.
@smashelito I know you've answered before, but I couldn't find any answers after searching. How do you come up with your VIX levels? I see that you changed the 6050 VIX level from 15.6 to 16.26 today, why?
Nobody cares and we’re trading 10 pts lower now, but I flattened today at 5988. +180 pts on 60 pts risk. It seems consensus is chop around 5950 SPX for a few weeks so not the best environment for long term swing holds. I’ll be shorter term trading buying dips and selling rips.