I am sorry to report to you lads, it doesn’t look promising for a Thanksgiving market crash. The Turkey Gods are working overtime, zealously pouring copious amounts of gravy into the mouths of Wall Street. While we all hope and wish for a market dislocation, sending rookies and faggots to the cleaners for good, it’s very likely that stocks will continue to jog on thru the holiday’s.
I’ve made arrangements for myself, as some of you know — long a sundry of well meaning and performing stocks. It’s worth mentioning, my directional bets against oil are doing swell. One could always hope for catastrophe, even when the sun is shining bright and safe.
My Quant trades pushed ahead by 0.34% today, double the gains of the SPY. I think I’ve demonstrated, in real time, that my methodology is superior to passive investing and I will up there ante of this in 2018, converting the weekly changes to quarterly, geared towards my money management business. At some point, Exodus might be taken under lock and key, private for advisory purposes only.
So enjoy it today — because you are not promised tomorrow.
In summary, Exodus flagged oversold on SPY last week, and implied that the rally might taper off by Wednesday of this week. Let’s see how all of that plays out, shall we?
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Collapse.You need a catalyst.None in sight.
Merry xmas,gifts all-round.
Long shot possible catalyst is Alabama. When Moore destroys that human chimera Jones. Lon Chaney’s Phantom of the Opera fucked a gopher. Spitting image.
Higher interest rates, flattening yield curve, PANIC.
That’s all you need, mate.
I’m with Gorby, drop 1-2% in Dec, sure possible, but your dreaming on this Grinch Crash. Really it will take 2018 with a new Fed chair goofing up, or some new geopolitical risk.
If you can outperform, especially on the downside, there’s no reason to keep it public.
Just wait around for a bear market and if you have <100% downside capture, market the hell out of it and you will basically have a license to print money.
very solid Fly. how’s the quant on a YTD basis?
You’ve been running your Exodus in a bull market. Just curious how it would do given a full market cycle.