All Posts by Mike

Wake Up – Time To Die

“I’ve seen things you people wouldn’t believe… Attack ships on fire off the shoulder of Odessa. I watched broken dreams of effervescent markets glitter in the dark near the gates of the Eccles Building. All those moments will be lost in time…. like tears in rain…. Time to die…”

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  • Mike
  • last week

GOOD news and BAD news…

Okay let’s start with the BAD news first and then top it off with some GOOD news. We certainly could use more of the latter these days. First up the financial markets as a whole are royally screwed. Only exception perhaps would be energy and commodities right now (later down the line they’ll crash as well, but we’re not there yet).

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  • Mike
  • a couple of weeks ago

Something’s Cooking

If you’re feeling a wee bit overwhelmed by the non-stop doom & gloom and the depressing news that seems to be saturating the mediascape these days then you’re certainly not alone. Given the increasing chaos that inches ever closer to home it’s easy to find yourself stuck in a rut or to fall prey to a sense of hopelessness and fear of the future. My personal remedy to weather through what I call the ‘age of despair’ (you heard it here first) is very simple.

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  • Mike
  • 3 weeks ago

Bounce Attempt

It’s been a busy time in the trading lair for (good) reasons I plan to share in the very near future. Of course the market waits for no man (or woman) and given that market sentiment has swung decisively fatalistic it’s time to look for early signs of a bounce.

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  • Mike
  • last month

The story of LUNA – WTH Happened?

It’s difficult to explain it all in layman terms, but I’ll give it my best shot. None of what follows below should be taken as chiseled in stone and it’s only my personal theory. As always do your own research, and if you come up with a better theory be sure to let me know.

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  • Mike
  • last month

Days Of Reckoning

After a decade plus of blue balling the bears to the max it appears that the days of reckoning may have finally arrived. Of course we here at Red Pill Quants always knew that it would happen eventually. Even as far back as 2009 when the Federal Reserve panicked and first embarked on its quest to single handedly change the laws of finance and in the process managed to enrich a small group of connected insiders as an unexpected bonus. What we of course didn’t realize back then was how long it would actually take for the bubble to burst.

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  • Mike
  • last month

The Wheels Are Coming Off

If you seek to plot a way out of a particular conundrum you may have found yourself in it’s always advisable to take a step back and figure out what got you into that pickle in the first place. However if one would attempt to take stock of the sheer number of misguided and short sighted policy decisions taken over the course of the past decade across the board I fear it would probably end up filling a volume as thick as Tolstoy’s War And Peace. So the real question we may need to ask ourselves is why the heck things haven’t blown up in our faces already many years ago.

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  • Mike
  • a couple of months ago

Breaking Point

Throughout my trading career I’ve never been much of a perma-bear, mainly because I have a basic understanding of math and statistical probability in particular. In case you are unaware of a few simple realities of life allow me to share a few salient data points for your general edification: In essence throughout your average trading career only about 11% of your time is spent in downside corrections, the rest is either sideways or advancing tape.

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  • Mike
  • a couple of months ago

Dollar Rocket

Reports about run-away inflation in the MSM have been rampant over the past few months, so it may be a wee bit surprising to some to realize that the U.S. Dollar has been on a massive tear lately. Although cognitive dissonance has long become a mainstay in the financial media such a glaring disconnect between some obvious facts of life and the current advance observed in the DXY is bound to raise a few eyebrows. So allow me to be the one to burst your collective bubble regarding the strengthening of our U.S. reserve currency.

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  • Mike
  • a couple of months ago

Inversion Pains

All is not well in paradise as the world awaits today’s FOMC announcement with bated breath. Already leaked comments from U.S. Federal Reserve officials managed to spook the U.S. futures market on reports of a three-year plan to trim several trillion dollars from the stash of assets purchased to stabilize financial markets and move to tighten credit and lower inflation.

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  • Mike
  • a couple of months ago
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