Thoughts about the markets, automated trading algorithms, artificial intelligence, and lots of other stuff

  • Olympic Extra

    Beijing2008
    In China, "8" is believed to be a most powerful, and lucky, number.

    So it is not surprising that Chinese began the Olympics on 08-08-08 at 8:08 PM.

    Here is a link to Wikipedia's info page  and NBC's covering these Olympic games.

    And here is a link to Wired's coverage of the tech behind the games.

  • An Olympic Attempt At Humor

    As the Olympics begin, I saw this and thought it was worth sharing.

    Indexed2Janet
    The artist/author has a blog called "Indexed" here, and a book here.

    By the way, the Court threw out fine against CBS for airing the wardrobe malfunction. (DMN)

    Let's just say she captured a few eyeballs; in most replayed moment in Tivo history. (CNet)

  • An Olympic Attempt At Humor

    As the Olympics begin, I saw this and thought it was worth sharing.

    Indexed2Janet
    The artist/author has a blog called "Indexed" here, and a book here.

    By the way, the Court threw out fine against CBS for airing the wardrobe malfunction. (DMN)

    Let's just say she captured a few eyeballs; in most replayed moment in Tivo history. (CNet)

  • Market Commentary from August 1, 2008

    Three out of the four trading days this week experienced 200-point daily moves in the Dow.  Some were up, some were down.  Still the recent low has held.

    The following picture shows charts of the S&P 500 Index on two timeframes: daily and 5-minute bars.

    080801 ES on 2 Timeframes
    There are clearly a series of higher lows (on both charts).  Nonetheless, the market has been fragile lately.  A move up from here would be a big confidence booster.

    Here are a few of the posts I found interesting this week:

    • Hulbert Says The Stars Have Yet to Align to End the Bear Market (NYTimes)
    • Big Mac Index: currencies are expensive in Europe, cheap in Asia (The Economist)
    • Real Estate is down; so flip a website instead (NYTimes)

    And, a little bit extra:

  • Market Commentary from August 1, 2008

    Three out of the four trading days this week experienced 200-point daily moves in the Dow.  Some were up, some were down.  Still the recent low has held.

    The following picture shows charts of the S&P 500 Index on two timeframes: daily and 5-minute bars.

    080801 ES on 2 Timeframes
    There are clearly a series of higher lows (on both charts).  Nonetheless, the market has been fragile lately.  A move up from here would be a big confidence booster.

    Here are a few of the posts I found interesting this week:

    • Hulbert Says The Stars Have Yet to Align to End the Bear Market (NYTimes)
    • Big Mac Index: currencies are expensive in Europe, cheap in Asia (The Economist)
    • Real Estate is down; so flip a website instead (NYTimes)

    And, a little bit extra:

  • Innovating is Thought Leadership

    080801 Innovation 250p
    I’ve been thinking a lot about innovation lately. It is a form of “thought leadership” … intuitively
    identifying the underlying issues and figuring-out the best things
    to do, now, to transform the situation and create new possibilities.

    To paraphrase Peter Drucker, innovation is a tool that transforms challenge into an opportunity for a different business or service. It is capable of being presented as a discipline, capable of being learned, capable of being practiced. 

    Learning and innovation go hand in hand. It is often folly to think that what
    you did yesterday will be sufficient for tomorrow. This is a close
    cousin to the idea that “you are either growing or dying.”

  • Innovating is Thought Leadership

    080801 Innovation 250p
    I’ve been thinking a lot about innovation lately. It is a form of “thought leadership” … intuitively
    identifying the underlying issues and figuring-out the best things
    to do, now, to transform the situation and create new possibilities.

    To paraphrase Peter Drucker, innovation is a tool that transforms challenge into an opportunity for a different business or service. It is capable of being presented as a discipline, capable of being learned, capable of being practiced. 

    Learning and innovation go hand in hand. It is often folly to think that what
    you did yesterday will be sufficient for tomorrow. This is a close
    cousin to the idea that “you are either growing or dying.”

  • Japanese Gadget Innovation

    Chindōgu is the Japanese art of inventing ingenious
    everyday gadgets that, on the face of it, seem like an ideal solution to a
    particular problem.

    When allergies bother you, why carry tissue?

     Hay-fever-hat

    When you’re a busy parent and don’t have time to clean, why mop?

    Babymop

    When you’re in the mood for a hot quickee, what you need is a good blow.

    Chopstix Chiller

    Don’t be a slave to fashion, be a salaryman.

    Portable-office-tie

    Here are a few other links to see more of these. (Linkinn.net and Picdit)

    While you are at it, translate your name into Japanese.

    080801 Japanese Translation of Name

  • Japanese Gadget Innovation

    Chindōgu is the Japanese art of inventing ingenious
    everyday gadgets that, on the face of it, seem like an ideal solution to a
    particular problem.

    When allergies bother you, why carry tissue?

     Hay-fever-hat

    When you’re a busy parent and don’t have time to clean, why mop?

    Babymop

    When you’re in the mood for a hot quickee, what you need is a good blow.

    Chopstix Chiller

    Don’t be a slave to fashion, be a salaryman.

    Portable-office-tie

    Here are a few other links to see more of these. (Linkinn.net and Picdit)

    While you are at it, translate your name into Japanese.

    080801 Japanese Translation of Name

  • Market Commentary from July 25th, 2008

    Last week’s rebound off the lows held-up, and still might prove to be an important turning point for the Markets.  The internals contiune to look better; and from a technical perspective there are nice positive divergences forming. 


    080725 Dow


    One big down day spoiled the party for the Bulls this week.  However, seasonally, this is about the time to start looking for a rally.


    Here are a few of the posts I found interesting this week:

    • Exchanges (like the CME, which is down 43%) were hit hard by credit crisis (WSJ)
    • Amazon’s Profit Doubles with rise in web services business (Seattle Post)
    • Apple and Google are down; is this a buying opportunity? (WSJ)
    • Trading Places: Long Energy and Short Financials – or the other way around?(Bespoke)
    • CFTC study finds oil prices pushed up by supply/demand – not speculators (MarketWatch)
    • The Garage Sale Indicator – Listings up 100% in May from a year ago (Bespoke)
    • The Fundamentals of Market Bottoms (Aleph Blog)

    And, a little bit extra:

    • Is Facebook your next Portal? – They think so (BusinessWeek)