Quant Model Flips Bullish Again Despite Global Chaos and Religious Chicanery

Being bearish heading into June was the first significant misstep generated by the IndexModel in a year.  All other short biases have demonstrated utility.  Last Sunday’s did not.

Excellent news friends!  The model is bullish again.  Nothing crazy.  It is simply calling for a calm, summer-breeze drift, perhaps with a slight upward bias.

There was another terrorist attack in London.  The poor town is being haunted by religious fanatics of the Muslim variety.  The sad events triggered the freaked-out Christians who open their social media accounts and spew hatred.

Then it was my turn to be an idiot.  One of my worst vices was activated, which is a mistake always, to turn on the anti-Christian rhetoric.  Sadly, it is a favorite Sunday pastime.

Dumb.

Most of you are Christians.  Which is fine.  So far Christianity is the leading brain-virus in the world.  It outpaces Islam, liberalism, even capitalism.  Do any of these intangible systems care about their host, or do they only strive to exist as long as possible?

How can you be certain Christianity is winning?  Look at a calendar.  Ask a Chinese person what today’s date is.  How do they tell you what year it is in India?  Time begins for all when the Christian god was born on earth as Jesus.

Capitalism is in second place.  They sold me on capitalism.  I pray to Janet Yellen at least 4x/month and have built temples upon their indulgence slips aka the US dollar.

Maybe in 3rd or 4th is Muslims.  I happen to live a few minutes from the largest Muslim population in the United States.  I work with them regularly and have never encountered someone unsavory.  They are faithful, and kind, and damn fine merchants.  They love to haggle, and so do I.  We find common ground in capitalism and building palaces.

MY FRIEND, THIS IS BEST PRICE. FOR YOU ONLY.

Last week, when our authoritarian leader ditched the Paris climate accord, I was sitting at my parent’s house feeling morose.  Mom took a phone call.  It was her aunt who was making her first call to share the bad news.  Uncle Jim was dead.

My mom dove headfirst into Christian folklore, “he’s in a better place now,” emphatically she continued, “now Jimmy is in heaven with Steve and John and…” she listed a solid eight people.

“An angel took him by the hand and they flew up into the sky.”

When I heard this I had give a side-eye over to my old man to see his reaction.  Being considerate of the moment, he only gave a small chuckle while rolling his eyes.

Listen, I get it.  Especially for older people, these are comforting beliefs.  And I am all about having a ceremony at death to help loved ones cope with the trauma.  But death has never bothered me.  It is as normal as birth or breathing or leafs falling off a tree in October.

From my perch, death is the trump card Christian charlatans use to hook you into their churches and get your money.  Adam Ruins Everything threw the entire death industry under the bus one time:

If you believe Christians will remain in charge, go long $SCI and never sell.  You can use the gains to fund your funeral.

As for yours truly, my will is already written.  It upset my parents when I had it drafted before the tender age of thirty, but I had to make sure nobody wasted money.  Ideally, they would just throw by body in a dumpster, but NO!  I had to settle for a natural burial.

Natural burials have the added bonus of, if I somehow come back to life,  giving me a fighting chance at digging myself out of the ground.

All this being said, I do see God all the time.  Just last week I saw him in the breathtaking waters of Bruce Peninsula.  During the winter I usually see him way up in the Rocky Mountains.  But I will never step foot in a church unless it is out of respect for some other living human.

As for the markets, they proved my quant model wrong last week, but fortunately it is not a stubborn ideology—model flipped back to bullish on Sunday. Technically, had I paid better attention to Exodus, the model flipped on the close last Thursday.

Exodus members of all faiths and political belief, the 134th Edition of Strategy Session is live.  May it serve you well.

 

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