CalibratedConfidence's blog
Activist Investors In Retail Stocks Show Negligible Beneficial Impacts
Submitted by CalibratedConfidence on 06/10/2014 19:46 -0500Looking across retailers with at least $1B in market cap, the top 20 of those with the highest concentration of activist investors has under-performed a leading retailing index.
The Impact Of Inflation And The Fed On Indices And Corporate Bonds
Submitted by CalibratedConfidence on 05/24/2014 06:07 -0500So long as inflation stays under four percent, it's a bullish factor. In such environments, the S&P 500 (since 1948, according to S&P's Capital IQ) increases on average 70 basis points per month.
Adapting To The Coming Change In The New Normal
Submitted by CalibratedConfidence on 05/12/2014 20:13 -0500Cruising through earnings, it is now time to revisit certain indicators that speak to the underlying health of the economy and that of the US equity and Treasury bond market.
The Economy And Housing Have Room To Expand But Their Limits Are Near
Submitted by CalibratedConfidence on 05/06/2014 04:53 -0500I do have a heightened sense of alertness to what may be in store should the hubris of the current market run fail to permeate into forecasts and expectation announcements over the coming months.
FINRA Chief of Enforcement Compares HFT To Buying First Class Plane Tickets
Submitted by CalibratedConfidence on 04/25/2014 23:45 -0500[J. Bradley Bennett]...compared high frequency trading to buying a first-class ticket on an airline...“Is there anything unfair about that? Doesn’t sound like it to me.”
Diary Of A Phony Hedgeye Manager
Submitted by CalibratedConfidence on 04/13/2014 13:35 -0500What I really want to highlight is how this tight group of Yale chooches blatantly lie in a effort to enrich themselves through subscription sales, which actually makes them a fraud.
Bodek's Amazon Critique of "Flash Boys"
Submitted by CalibratedConfidence on 04/09/2014 23:09 -0500I contend that Lewis should have done a lot more to identify the parties involved and tell the full story of latency arbitrage in Sigma X.
($XXII) 22nd Century Groups Gets NYSE Approval, VIRTU is DMM
Submitted by CalibratedConfidence on 03/07/2014 07:43 -0500...haven't traveled to NASCO facility but this operation is legit and the technology is outrageously valuable
Special Order Types and Exchange Blathering
Submitted by CalibratedConfidence on 12/09/2013 09:22 -0500Market fragmentation in combination with the maker-taker market model, and in conjunction with a dramatic period of exchange “innovation,” had resulted in a new form of artificial edge.
Wall Street Code Released
Submitted by CalibratedConfidence on 11/04/2013 17:44 -0500VPRO Backlight has just released the documentary we did with them earlier this year. Wall Street Code is about the blatant and planned fixing of, specifically, the US financial markets.
High Frequency Terrorism
Submitted by CalibratedConfidence on 10/28/2013 13:17 -0500Dept. of Defense on Irregular Financial Warfare
VPRO/Backlight and The Wall Street Code
Submitted by CalibratedConfidence on 10/16/2013 07:30 -0500The documentary will air Novemeber 4th at Battle of The Quants in Shanghai and from there will hopefully make its way around the world
Margin Credit Charts And Money Market Funds
Submitted by CalibratedConfidence on 08/02/2013 17:52 -0500It's not just the level of actual credit being lent that is the problem, it's the patterned behavior tied to the hubris of rallies that allows people to rationalizing borrowing without the liquid assets to back it up.
Moral Hazards And Dangers To Market Stability
Submitted by CalibratedConfidence on 06/21/2013 21:13 -0500Now, after the Fed's generosity caused by "a decoupling of the 'real' economy from the financial economy with its lavish creation of fictitious wealth...
Haim Bodek's Presentation To TradeTech On HFT And His Controversial Findings
Submitted by CalibratedConfidence on 06/14/2013 16:55 -0500"I am going to hit on some of the landmines that you can encounter within order-matching engines, and then I am going to give a forecast on, at least from my perspective, what’s going to happen over the course of 2013"
