diff options
| -rw-r--r-- | Finance/Fundamentals/Axioms.md | 3 | ||||
| -rw-r--r-- | Finance/Fundamentals/Indicators.md | 6 | ||||
| -rw-r--r-- | Finance/Fundamentals/index.md | 38 | ||||
| -rw-r--r-- | Finance/Research/index.md | 8 | ||||
| -rw-r--r-- | Finance/index.md | 36 | ||||
| -rw-r--r-- | index.md | 4 |
6 files changed, 48 insertions, 47 deletions
diff --git a/Finance/Fundamentals/Axioms.md b/Finance/Fundamentals/Axioms.md index b894590..5605622 100644 --- a/Finance/Fundamentals/Axioms.md +++ b/Finance/Fundamentals/Axioms.md @@ -54,3 +54,6 @@ Seasonality is just another way of saying that the Monkeys are back from vacatio Dollar down, Buy commodities Politics is about one thing and one thing only - You can always hire one half of the poor to kill the other + +When Vol spike higher secure profit + diff --git a/Finance/Fundamentals/Indicators.md b/Finance/Fundamentals/Indicators.md index a63df05..8ba52cb 100644 --- a/Finance/Fundamentals/Indicators.md +++ b/Finance/Fundamentals/Indicators.md @@ -48,3 +48,9 @@ plebflation = what we are experiencing, epicerie ect.. (more cpi like?) - Lag PMI by ~6month - Monthly raw volumes of goods produced by industrial firms - Used inconjuction with industry capacity estimate to calculate capacity utilisation ratio for each line of business + +Cooper & gazoline futures as leading indicator + +Interest Rate as Lagging indicator + + diff --git a/Finance/Fundamentals/index.md b/Finance/Fundamentals/index.md index 0ec20b8..663590f 100644 --- a/Finance/Fundamentals/index.md +++ b/Finance/Fundamentals/index.md @@ -12,6 +12,18 @@ [[Technical_analysis]] +# 11 Major Sector + + | Real Estate | Cyclical | + | Health Care | Value/Defensive | + | Financials | Cyclical | + | Utilities | Value/Defensive | + | Consumer Defensive/Staples | Value/Defensive | + | Consumer Discretionary | Cyclical | + | Communication Services | Cyclical | + | Technology | Growth | + | Materials | Cyclical | + | Energy | Value/Cyclical | Delta: Theoretical estimateof how much option premium change for 1$ move in stock @@ -49,16 +61,20 @@ Q3 = Juillet,Aout,Septembre - Charged investor a 2% Management fee and a 20% performance fee thus making 2M in fee and (0.20 * 2M) 4M in performance fee. - 50% of performance fee reinvested into fund +# Relative values trades exemple + +Long ratio at 2 +10% stp loss on ratio = 0.2 +so stp loss at 1.8 on ratio +soft target = 0.2 * 3 = .6 = 2.6 +when soft target hit buy short stop A short more stock B +roll up stp loss + +ATR for spreads: take data for 10month of stock in spread +work out montly ATR +set stop loss as avg of the 2 + +For spread both stock can go up or down does not matter + -# 11 Major Sector - | Real Estate | Cyclical | - | Health Care | Value/Defensive | - | Financials | Cyclical | - | Utilities | Value/Defensive | - | Consumer Defensive/Staples | Value/Defensive | - | Consumer Discretionary | Cyclical | - | Communication Services | Cyclical | - | Technology | Growth | - | Materials | Cyclical | - | Energy | Value/Cyclical | diff --git a/Finance/Research/index.md b/Finance/Research/index.md index 4048794..abbd1c7 100644 --- a/Finance/Research/index.md +++ b/Finance/Research/index.md @@ -64,3 +64,11 @@ What not to do in EM - Have pair trade accross Developed market and EM - Believe you have political insight - Be surprised if the unexpected happens and nobody cares + +# Manipulation of LIBOR during GFC + +- real manipulation done by central bankers & way worse than traders who where jailed +- in 07-08 all banks were consistenlty lying about the true cost of borrowing dollars by lowballing their funding rate which lead to a massively depressed LIBOR +- Peter Johnson - The low ball tapes + + diff --git a/Finance/index.md b/Finance/index.md index 7bdb74b..3456584 100644 --- a/Finance/index.md +++ b/Finance/index.md @@ -5,16 +5,6 @@ [[Current]] - -Alexandre Harfouche - -https://theconversation.com/why-central-banks-are-too-powerful-and-have-created-our-inflation-crisis-by-the-banking-expert-who-pioneered-quantitative-easing-201158A - - -Money (the kind worth having in any case) is usually downstream of character and relationships - -Character (mental/physical health and skill) —> relationships —> wealth - @SnowKitten200 - BTU @@ -31,27 +21,6 @@ if the 2 year goes up in terms of yield and falls in value then the Utilities se and vice versa -# Manipulation of LIBOR during GFC - -- real manipulation done by central bankers & way worse than traders who where jailed -- in 07-08 all banks were consistenlty lying about the true cost of borrowing dollars by lowballing their funding rate which lead to a massively depressed LIBOR -- Peter Johnson - The low ball tapes - -# Relative values trades exemple - -Long ratio at 2 -10% stp loss on ratio = 0.2 -so stp loss at 1.8 on ratio -soft target = 0.2 * 3 = .6 = 2.6 -when soft target hit buy short stop A short more stock B -roll up stp loss - -ATR for spreads: take data for 10month of stock in spread -work out montly ATR -set stop loss as avg of the 2 - -For spread both stock can go up or down does not matter - If started positon half of max position can cut stp loss by half @@ -59,10 +28,5 @@ If started positon half of max position can cut stp loss by half Start by analysing Volatility ATR of the stock to set initial hard stp loss and soft target -When Vol spike higher secure profit - -Cooper & gazoline futures as leading indicator - -Interest Rate as Lagging indicator Positive correlation between Nominal GDP growth rate & Nominal interest rates @@ -37,3 +37,7 @@ then no S, nothing until end of spring - May "Men who think deeply appear to be comedians in their dealings with others because they always have to feign superficiality in order to be understood" - Neitzsche. "It was always the women, and above all the young ones, who were the most bigoted adherents of the Party, the swallowers of slogans, the amateur spies and nosers-out of unorthodoxy." - Orwell + +Money (the kind worth having in any case) is usually downstream of character and relationships +Character (mental/physical health and skill) —> relationships —> wealth + |