Saturday, September 6, 2014

5 Telltale Signs of an Emotionally Abusive Financial System

  1. you walk on eggshells to avoid another collapse
  2. truth is rarely/never validated
  3. your govt is mistrustful (spies) for no reason
  4. you cannot discuss problems in the system because you're not rich enough to garner congressional access
  5. you feel "stuck" or confused most of the time

Monday, August 25, 2014

$100K longer…

rolling DIMC options into longs (IBB, TRN, QLD)

8/25/2014 9:02:14 AM
$craper Alpha...
==============================
HIG M F MSFT MU DAL GME LUV FLEX NOV ROST MS DG GPS UAL MA PBR STLD JCI BA
Yield = 1.495
Gain = 61.18978
==============================

$craper Gorilla/Cash...
==============================
DUK GILD IVZ MO QCOM SDRL SEE TJX TRN
Yield = 3.166667
Gain = 28.60684
==============================

$craper Top Screens...
==============================
AES DF ESRX HPQ KBH
Yield = 1.12
Gain = 24.90195
==============================

$craper Ex Div Players...
==============================
HIG TRV QCOM OXY PEG FNF MRK WU PEP RAI GCI K OMC POM MCD KO
Yield = 3.0125
Gain = 21.62503
==============================

Sunday, April 27, 2014

We’re Not In The First Inning Anymore…

  1. First Inning
    • 1867: Marx denounces and predicts inevitable failure (diminishing returns, dystopian future) for what will eventually become global, neoliberal, algo-capitalism
    • 2005-7: “too big to fail” peak-oil/finance/debt/“trust” failure/crisis
      • QE spawned (assets inflate but confidence is not restored)
      • QE fails (trust crisis ensues: deleveraging, depression, crime/violence, class/military-war, bankruptcy, restructuring, austerity…)
  2. (You Are Here)
    • Here is where markets and arbitrage, as the only truly successful human “philosophy” other than the scientific method, have clear roles to play…

Friday, April 25, 2014

2014: Revenge On The Nerds?

"I could give you some head-and-shoulders..."

Thursday, April 17, 2014

Covering Shorts, Closing (some) Spreads and Selling Puts

Essentially calling a local bottom of sorts here with weakness and uncertainty not getting resolved necessarily in 2014, but good value/beta-mining trades possible… (e.g. INTC, sold yesterday after good earnings)

Daily: Daily vs Weekly: Weekly

http://www.bloombergview.com/articles/2014-04-15/how-much-trading-should-there-be

Tuesday, April 15, 2014

Muni Bonds?!

(This is me, calling a bottom?)

Holding callable munis yielding >7.5%  At these yields, they go back to the issuer(s) at par with ytm ~6-6.8% thru ~2021.  That means these bonds are yielding ~3x the current 10 year treasury through 2021 where the only worst possible scenario is default.

Conclusion: I think my bond holdings are at least relatively undervalued right now…  (know that frankly means “end of the world” on some level – that QE has/will ultimately fail to create sustainable growth/inflation? -- but still happier holding excess claims and ~zero debt right now than claims on “growth” or far-worse holding leverage…)

20% short
20% cash
35% bonds
25% long stocks (mostly via sold cash secured puts)
http://www.stockoptionschannel.com/symbol/?symbol=IBB&month=20140621&type=put&contract=185.00

Wednesday, April 9, 2014

Tesseract vs Online OCR

Take google at its search results: there was a site: newocr.com that $craper once used to convert P&F charts to text after stockcharts.com stopped emitting same (code reads text more easily than images).

Thus $craper could (for months after stockcharts’ change) OCR chart images to text from urls.  And newocr was open – no “captcha” boxes…

Then newocr went away…

96 hours later, $craper has switched to local (client side) OCR using tesseract under Win 7 x64 with Cygwin for bash shell scripting under Windows (as a retired 20 year Oracle DBA in mostly Windows/Office environments at various small-to-huge agencies/corporations I’m probably strongest “coding” today in Linux/bash, Win/VBA and Oracle/plsql).

  • wget: download chart image
  • convert: upsize image from ~300p to 1024p (tesseract-ocr works best with larger, flatter/monochrome images)
  • tesseract: convert image to text
  • $craper: load text (MS Access db still sufficient here for this – stock picking – purpose).