This is the pattern I ‘ve been tweeting about tonight regarding natgas futures NG_F. I’m calling it a W or bare butt, aka bearish butterfly. XA leg was from the open till the LOD, AB LOD to early evening hi, BC early evening hi to late evening low. CD …
As reported yesterday, the consumer price indices of many goods and services in the USA have been falling or at least not growing since 1991. But the overall price inflation as described by the headline CPI (we use not seasonally adjusted indices) has …
Yesterday I missed the absolute hero of deflation in the US – the consumer price index of information technology, hardware and software (see Figure 1). It has been falling since 1991 and now levels at 9 points relative to 226 points of the headline C…
Way back in 2007, in Bicoastal Trading…Or Are You Trading in the Right Time Zone? I offered some thoughts on my experience trading on the West Coast versus the East Coast. At the time, I speculated that the Mountain Time Zone might be the best place …
Price inflation is always a theme discussed by public, media and experts. Life is getting more expensive and thus is a concern for everybody. This is a common place that all prices always grow with the only exception of short and exotic periods of pr…
Three more figures to confirm that income inequality has not been changing since 1996. Following our previous post we have calculated population density functions, PDF, for the years between 1996 and 2009. Figure 1 depicts the overall PDF, …
The last time I checked in on the performance of U.S. economic data relative to expectations, some two months or so ago, I observed: “One could certainly make the case that data underperformed stocks from April to September, but has been outperfo…
Paul Krugman and a bigger company have been speculating on the increasing economic inequality in the US. They do not trust any data from the BLS (income measurements obtained during Current Population Surveys) and deny that income data from cen…
Paul Krugman and a bigger company have been speculating on the increasing economic inequality in the US. They do not trust any data from the BLS (income measurements obtained during Current Population Surveys) and deny that income data from cen…
In August 2011, we routinely revisited our model of the S&P 500 returns where the driving force of the stock market is real GDP. Our quantitative model predicted a negative correction of the S&P 500 level in August-October 2011, as shown …
