iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,417 Blog Posts

You Want to Know Where the Money Went? Here It Is — God Damn It

Inside Exodus, I built a tool to front run two bit money managers, by fucking with their Sharpe game. Yes, they brandish their Sharpe like it was an AK-47 and they shouldn’t be able to get away with it anymore.

Tech has been widely discarded the past two months, in favor of defensive sectors. I can dismiss this as foolish fuckery — but I won’t. Perhaps the market is trying to tell us something — such as “growth is slowing.”

Here I find the stocks with weak annual Sharpe scores, but strong weekly. These could possibly be tomorrow’s leaders. Don’t like it? Go fuck yourself.

My trading account is 80% cash and I am eager to buy another dip. By the way futures are tuning up tonight, I might find such an occasion in the immediate term.

If you enjoy the content at iBankCoin, please follow us on Twitter

6 comments

  1. moosh

    Thanks fly. A lot of foreign names in there. I set foot in a cracker barrel about 20 years ago with my and apparently everyone elses grandparents within 50 miles once, but never looked at the chart before…unreal. They love them some rocking chairs.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. it is showtime

    3s5s
    assholes
    3s-5s

    2s10s NEAR AS WELL. Who’s fucked? That’s right. You are

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  3. whaler31

    I’ve been following The Fly since day one. I’ve seen him lose his ass and make money. I’ve lost money and made money on his advice. Over a decade.

    Watching these latest Fly calls closely for over the last year, it’s different.

    It’s like The Fly somehow re-invented the wheel. Seriously. Just the Quant portfolio alone in Exodus is remarkable.

    Fucking Fly did it.

    • 1
    • 0
    • 0 Deem this to be "Fake News"
  4. numbersgame

    “Here I find the stocks with weak annual Sharpe scores”
    Almost exactly a year ago, I told you Sharpe for stocks was nothing but trend-following bull$hit.

    “, but strong weekly.” ie, in an short-term uptrend….

    So this may be a valid method to find a strong stock in a sea of red, but it totally blows out the reason you origianlly touted Sharpe ratios: as a way of measuring risk (“The purpose of the Sharpe is to assess your work and to ensure you’re not being retarded and to set a course for a higher quality risk free return. “)

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  5. numbersgame

    I other news, Bulls are going to have to strongly defend AAPL $180 today or it will be a Red December to Remember

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  6. mrcharlie

    Yo Fly you think we should be sellin the pops from here on out??

    Hey Moosh, the Barrel is an institution! FYI after ordering one side order you can order unlimited sides of hash brown casseroles!Why? Because MOAR and fat america! haha…Sadly the only one near me is in Hamilton NJ.

    • 0
    • 0
    • 0 Deem this to be "Fake News"