Thoughts about the markets, automated trading algorithms, artificial intelligence, and lots of other stuff
Watch this video. Lots of it is amazing … Some of it is inspiring.
You will witness flips, jumps, catches and feats that defy imagination (and certainly logic).
What type of person thinks, 'I want to do that' ?
To see which of the segments might be fake, click here.
A big part of successful trading is to identify what is working, while it is working, and to seize the opportunity while it is available.
The opportunity can be demonstrated using a sailboat analogy. The stronger and longer the wind blows the faster and further the sailboat should move. Conversely, in the absence of wind, we wouldn't expect movement. The best sailboat in the world is not going to go anywhere without some sort of wind.
Expanding the analogy, it is normal for winds to be blowing in most markets (trends) and occasionally for there to be strong winds in some markets (sustained trends).
Here is a chart showing the current Trend Levels for 40 markets.
Click here to see a yearly market performance comparison.
Note that while some high profile markets have been in an up-trend, there are more and bigger down-trending markets at the bottom of the chart.
In general, Trend Level ("TL") values greater than +5 indicate the presence of a noteworthy up move (or up-trend) and TL values less than -5 indicates the presence of a noteworthy down move (or down-trend) in the markets.
Perhaps you've seen the t-shirt before …
Here are some of the posts that caught my eye. Hope you find something interesting.
Why does measurement matter?
Bill Gates explores this question in his 2013 Annual Letter, highlighting innovations in measurement that are helping to eradicate poverty and disease.
Download Bill Gates' 2013 Annual Letter in PDF format.
Also see his "My Hope for 2030" video.
Here are some of the posts that caught my eye. Hope you find something interesting.
Saw this and smiled a little bit.
But the likely result isn't as funny.
Inflation is a tax on capital and it slowly eats away at your portfolio. It also takes a chunk out of your wallet.
With the printing presses running in Washington, how can you tell if things are getting more expensive? It isn't a trick question, you simply compare prices with what they used to be.
While it is something to watch, I'm not hearing much concern. What about you?
What a great speech … short, simple, and to the point. Hope you get something from it.
After you watch the video, here is the transcript.
Life is tough, that's a given.
When you stand up, you're gonna be shoved back down.
When you're down, you're gonna be stepped on.My advice to you doesn't come with a lot of bells and whistles. It's no
secret, you'll fall down, you stumble, you get pushed, you land square
on your face. And every time that happens, you get back on your feet.
You get up just as fast as you can, no matter how many times you need to
do it.
Remember this, success has been and continues to be defined as getting
up one more time than you've been knocked down.If experience has taught me anything, it's that nothing is free and
living ain't easy.Life is hard, real hard, incredibly hard. You fail
more often than you win, nobody is handing you anything.
It's up to you to puff up your chest, stretch your neck and overcome all
that is difficult, the nasty, the mean, the unfair.You want more than what you've now, PROVE IT!
You want beat the very best out there that is, get out there and earn
it!Once you decide that, you'll know where it is you want to be, then you
won't stop pushing forward until you get there! That's how winners are
made.At the end of the day, success is what we all want.
We all want to win, and the race will be won. There is no question about
that.So come on, get out on top, run faster, dream bigger, live better
than you ever have before. This is in you. You can do this. Do it for
yourself. Prove it to yourself!
You can download this in MP3 format here.
Sometimes you've got to wonder. February has brought lots of wild news so far.
The Pope resigned, a massive meteor hits Russia with nuclear force, there was a Tsunami in the south pacific, and a storm dumped three feet of snow on parts of the northeast. And I visited my inlaws.
Here is a photo from Chinese New Year with my wife's family in Jakarta, Indonesia. That is her dad in the center.
What amazed me was how fast the city got back on its feet after massive flooding because of a Monsoon. Click this link to see why even rich people have trouble in Indonesia (yes, that is a Rolls Royce).
Chances are the rest of the month will go smoother, right?
American Airlines and US Airways announced their merger this week. The combination will produce the world’s largest airline, based on combined revenue.
American recently freshened its 45 year old logo, which now includes a stylized U.S. flag image on aircraft tails, the long-time signature look of US Airways planes.
via FareCompare
I
travel a lot, so I have had the opportunity to talk about this with
many airline employees. Clearly, they are not happy. A pilot said the
problem is that both companies had angry employee cultures … and
smaller troughs make pigs meaner.
Welcome to the friendly skies.
Here are some of the posts that caught my eye. Hope you find something interesting.
Here is a chart showing the asset mix held in separately managed accounts by public, non-financial U.S. corporate entities. It covers 2008 through the present.
via WSJ
Are you surprised by the allocations?
The green area represents equity … What does that say about Market confidence?
