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Daniel O'Donnell—My Wild Irish Rose

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My wild Irish Rose,  the sweetest flower that grows. You may search everywhere,  but none can compare with my wild Irish Rose. My wild Irish Rose,  the dearest flower that grows, And some day for my sake,  she may let me take the bloom from my wild Irish Rose. My wild Irish Rose,  the sweetest flower that grows. You may search everywhere,  but none can compare with my wild Irish Rose. My wild Irish Rose,  the dearest flower that grows, And some day for my sake,  she may let me take the bloom from my wild Irish Rose. Yes some day for my sake,  she may let me take the bloom from my wild Irish Rose. Songwriters: Mervyn Allan / Pd Traditional My Wild Irish Rose lyrics © Warner/Chappell Music, Inc

Mark Twain Quotes

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Demis Roussos―Come, Waltz with Me

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Video 1.   Demis Roussos - "Come, Waltz with Me" (YouTube link ) Come walk with me and  let go of the way you are going Come talk to me and  I'll tell you what's really worth knowing Life's much too good,  my friend. Don't let it end. Come dance with me and  I'll give you a gift worth giving Take a chance with me and  I'll show you a life that's worth living Life's much too good,  my friend. Don't let it end. Come waltz with me and  let go of the way you are going Come talk to me and  I'll tell you what's really worth knowing Life's much too good,  my friend. Don't let it end. Come dance with me and  I'll give you a gift worth giving Take a chance with me and  I'll show you a life that's worth living Life's much too good,  my friend. Don't let it end. Songwriters:  Dmitri Dmitrijewitsch Schostakowitsch John O C W Ewbank Bert Gijsbertus C...

Relation between VIX, S&P500 and the CDX-Index

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The VIX-index is a measure of implied volatility in the S&P 500 and is often referred to as a fear index.  CDX.NA.IG is a credit default swap-index consisting of 125 North American investment grade companies and the S&P 500 is a stock index consisting of the 500 largest companies in USA. In [1], authors use ordinary least square (OLS) regression to study if VIX can be explained by CDS and S&P 500. and find that the VIX ,  CDX.NA.IG  (will be referred as CDX in this article for short) and  S&P 500  have a high correlation. Figure 1.   A mean-reverting pattern of inverse relationship of VIX and S&P 500 played out cleanly in 2022. VIX VIX  is measured as the weighted 30-day implied standard derivation of annual changes in S&P 500.  For example if the value of VIX is 20, then S&P 500 is expected to increase or decrease by 20% over the next year. [2]   This will be true in 68% of the cases, because stand...

Technical Analysis—Ratio of the SPX to the 10-year Treasury Volatility

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The ratio of the SPX to the 10-year Treasury volatility (SPX:10y T volatility) demonstrates a pattern where down-spikes correspond to local minima in the S&P 500 (vertical blue dotted-lines). The chart below (click to enlarge) shows that the down-spike in the ratio has reached the up-sloping trend-line. This increases the chances of a bounce in the SPX. $SPX (11/01/2018) References SPX:10y T Vol

Technical Analysis—200-day Moving Average

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The ability of a stock to be above its 200-day moving average can be considered a fairly reliable indicator for positive future returns. A breadth indicator that measures the percentage of stocks above a specific moving average. Many indicators have been created on the concept of market breadth. For example, a good market breadth indicator is $SPXA200R which measures: The percentage of S&P 500 stocks above their 200-day moving averages  Figure 1 Interpretation of $SPXA200R $SPXA200R is a medium to long-term indicator.  In general, you can use it to: Buy - when it moves above 30% from below and  Sell - when it moves below 70% from above   Figure 2.  Major corrections have been marked by extended time below the 50% level of $SPXA200R (Source: @DKellerCMT ) More on 200-DMA In addition to look at $SPXA200R, 200-day moving average (DMA) can be also used in different ways.  For example, you can look at: [1] The direction of...

Technical Analysis—Put-Call Chart

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In [1], Mark Arbeter has shown a Put-Call Chart using $CPCE with 5-day Moving Average to smooth out the data: Put/Call Ratio The Put/Call Ratio is an indicator that shows put volume relative to call volume. Put options are used to hedge against market weakness or bet on a decline. Call options are used to hedge against market strength or bet on an advance. The Put/Call Ratio is above 1 when put volume exceeds call volume and below 1 when call volume exceeds put volume. Typically, this indicator is used to gauge market sentiment. Sentiment is deemed excessively bearish when the Put/Call Ratio is trading at relatively high levels, and excessively bullish when at relatively low levels. Chartists can apply moving averages and other indicators to smooth the data and derive signals. You can read StockCharts article for its interpretation. $CPCE Charts 5-Day MA Using similar concept except that we have inverted $CPCE, we have charted $ONE:$CPCE with the data on 10/19/20...