Just for transparency's sake, all positions spoken of over the past few days have been closed with profit. I am making a few scalps here and there to test the waters. Hopefully this will help develop my sense of where we are headed over the next couple of days; sometimes this helps, sometimes I just find myself waiting for a revelation. In any case, there seems to be a lot of action in the markets. Also, remember to be careful with the likely volume surge around the FOMC rate decision.
As for the site, I am working on several articles, my favorite (at least conceptually) compares poker and trading. I am profitable and relatively knowledgeable at both, so I hope I can add some insight.
Insightful outside posts:
- Dr. Brett on expectations/fantasy,
- Australia hikes interest rates,
- gold is rising,
- solfest links some amazing video of Buffett, and
- beware the "Jokers".
Official NGDPLT peg calculations for Q42023
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(copied from GitHub)
NGDP was $27,938.8 billion, per Table 3 (p. 10), line 1, column 6 of the advance
GDP report, which came out Thursday at 1330Z. Per ...
2 months ago
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