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06/21/2017 Live Update

te_fern
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Re: 06/21/2017 Live Update

Post by te_fern »

After a head fake this morning, TICK has been weak since!
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This is not investment or trade advice.
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Al_Dente
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Re: 06/21/2017 Live Update

Post by Al_Dente »

Daniel wrote:
Al_Dente wrote:On vacation, see u all next week... oil... the relationship with junk.
As of 6/20/17 energy junk is 12.84% of HYG [source: ishares website]
Enjoy vacation, AD, and thanks for the HYG stat-- and for all the other actionable presentations that flow so generously from your typewriter onto the screen.
Come back refreshed. And bring some volatility back with you when you return...
:)
:D
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Al_Dente
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Re: 06/21/2017 Live Update

Post by Al_Dente »

te_fern wrote:
Al_Dente wrote:On vacation, see u all next week
Have fun boss!!! Where are you going?
palm springs
family
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Trades with cats
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Re: 06/21/2017 Live Update

Post by Trades with cats »

Rut Row there goes the small cap !
QED
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Re: 06/21/2017 Live Update

Post by QED »

The correlation between $WTIC and HYG = -0.23
https://stockcharts.com/h-sc/ui?s=%24WT ... 3142376582
Trades with cats
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Re: 06/21/2017 Live Update

Post by Trades with cats »

Looking like the drop has triggered the Ramp Express
te_fern
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Re: 06/21/2017 Live Update

Post by te_fern »

Al_Dente wrote:
te_fern wrote:
Al_Dente wrote:On vacation, see u all next week
Have fun boss!!! Where are you going?
palm springs
family
Have a great time and don't watch the market too much!! LOL!
This is not investment or trade advice.
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Cobra
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Re: 06/21/2017 Live Update

Post by Cobra »


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Cobra
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Re: 06/21/2017 Live Update

Post by Cobra »

Al_Dente wrote:
te_fern wrote:
Al_Dente wrote:On vacation, see u all next week
Have fun boss!!! Where are you going?
palm springs
family
have a good time!
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Cobra
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Re: 06/21/2017 Live Update

Post by Cobra »

well, guess that's it for today. Thursday tomorrow has been bull friendly recently. thank you guys, I'll see you tomorrow.

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Daniel
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Re: 06/21/2017 Live Update

Post by Daniel »

QED wrote:The correlation between $WTIC and HYG = -0.23

As Mark Twain (didnt) put it: there are statistics, damn lie statistics, and then there are correlation statistics.

There are lots of nuances in using correlations. There's an art in selecting a lookback period; and sometimes there's no strong relationship-- until suddenly there is one! Or is one again-- as a longtime correlation which had disappeared suddenly reappears. I personally try to keep lookbacks as short as possible. Dead trends are of no predictive value. And periods of normalcy can have different correlations than sharp short periods of crisis investing. Etc.

GLTA
Wallstreetrader
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Re: 06/21/2017 Live Update

Post by Wallstreetrader »

don't ignore the +div in a Bull Market !
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