An Authority and a Crank

Added on by C. Maoxian.

Interesting, longish piece on Eric Scott Hunsader, a man whose products I've used for 20 straight years. 

"In 1995, convinced that the Internet would upend trading, he quit a corporate job to write a program that displayed real-time stock and futures data online. In 1996, he sold that company to Quote.com, where he launched Livecharts, a real-time data visualization program, and QCharts, a trader workstation for Windows. When Lycos bought Quote.com in 1999, Hunsader cashed out, building the Winnetka, Ill., home where his family lives. He founded Nanex in 2000 ... Nanex stores about 4,600 days of data, going back to 2003. 'We are always buying more servers,' said Hunsader."

Tweets for February 16, 2016

Added on by C. Maoxian.

A Life of Continual Consumption

Added on by C. Maoxian.

The most revealing paragraph in Jiayang Fan's recent post, "The Golden Generation"

“The thing is, I’m not sure I’d fully fit in there [China] now,” she said slowly. “I lack my parents’ Chinese business know-how. Westerners are all about being straightforward and direct. But, when you negotiate a deal in China, it’s all about what’s unsaid, simultaneously hiding and hinting at what you really want. In China, I’m treated like a naïve child, and sometimes I feel like an alien.” Pam and many of her friends, having emigrated in their teens, exist between two cultures. Canadians, and the West generally, could be inscrutable. The cultural capital that their parents had hoped would be theirs was elusive. But having been away from China during years of dizzyingly rapid change made them foreigners there, too.

Tweets for February 15, 2016

Added on by C. Maoxian.

Tweets for February 14, 2016

Added on by C. Maoxian.

Tweets for February 13, 2016

Added on by C. Maoxian.

Euro Should Get Weaker From Here

Added on by C. Maoxian.

Fairly obvious idiot wave pattern here ... this is EUO, the ultrashort Euro fund ... after that huge run the dollar made, things have been going sideways for about a year now ... I expect Euro weakness should re-commence from here. Maximum C target is below 1.05 on EUR/USD it looks like (just eyeballing it).

You should keep this in the back of your mind as you've done with my other recent big picture (perfect) calls on the long bond and Muzzer Russia.

Click to enlarge

Tweets for February 12, 2016

Added on by C. Maoxian.