Thursday, November 17, 2016

Deaf, Dumb, And Blind aka. Imagined Reality 2016

Blogging in an Idiocracy is like pounding sand up my ass...

Brexit. Buying opportunity

China implosion. Buying opportunity

NOPEC deal. Buying opportunity

TrumpNado. Buying opportunity

Tightening credit conditions. Buying opportunity

Global implosion. Buying opportunity

Short-covering. All good...

Walmart miss on revenue. All good...

U.S. Oil inventories. Pretend this isn't happening again...

China quantitative uneasing. All good...

Re: Imagined Reality 2015
China is set to record its weakest growth in GDP in 25 years. Yet it seems to have entered a bull market and may be where we deploy much more of our risk capital next year. That's because the recent exuberant run up in onshore Chinese equities seems to me to amply demonstrate the power of imagined realities.

On Balance Volume

On-balance volume (OBV) is a momentum indicator that uses volume flow to predict changes in stock price.

"Rest of what?"