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Invest In '3:30 PM Ramp Capital LP' For 26.6% Annualized Outperformance

Tyler Durden's picture




 

By now it should be a surprise to no one that there is an increasingly visible hand that decides at 330pm ET stocks need to be bought 'aggressively'. This phantom - and of course entirely efficient - savior of the markets has been dominating market performance since the Cyprus situation hotted up. It is as if a team of people were protecting the market from the plunge that Treasuries have been so clearly signaling in the last 3 weeks. We have shown the 'up-down-up' nature of the last 14 days but since the close on 3/14 (before Cyprus), the S&P 500 futures are down 5 points. In that same period, the cunning strategist who bought at 330ET and sold at the close (in S&P 500 futures) a stupendous 21.75 points (absent slippage of course) outperforming the market by 170bps (for an annualized outperformance of 26.6%) with no overnight margin payments and 30 minutes attention per day (just think of the leveraged performance!!). Of course we bring this to the attention of the reader because the farcical rhymthicity of the market's behavior is better in the light of day for all to enjoy than just Johhny-5 and his algo friends.

Since 3/14, S&P 500 Futures are -0.32% (-5 points), the 330RAMP Capital Fund is up 1.39% (+21.75 points); 9 winners (average 3.25 points) and 6 losers (average -1.25 points).

 

 

and the actual movements in the 30 minutes that the 3:30 Ramp Capital fund would have traded...

 

Of course, past performance is no promise of future expected return - though it seems in the case of the US equity market (or Japanese) that it is exactly what the bulk of the public is banking on as their investment thesis...

 

Charts: Bloomberg

 

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Mon, 04/08/2013 - 19:15 | 3424152 ACP
ACP's picture

Or better yet, the "Criminal Manipulation Fund."

Backed by the Full Faith and Monetization of Bernanke's Printing Press.

Mon, 04/08/2013 - 19:16 | 3424160 The Alarmist
The Alarmist's picture

Do they get 2 & 20 ?

Mon, 04/08/2013 - 19:23 | 3424175 Manthong
Manthong's picture

It is almost as if there is an Explicit Secret Fix being applied to the whole market space by some nefarious organization.  

Mon, 04/08/2013 - 19:28 | 3424185 Say What Again
Say What Again's picture

The fact that the 3:30 ramp occurs on very thin volume is another part of this scam that can't be ignored.

I'd like to see two candles (with volume) per day.  Before 3:30 and after 3:30.

Mon, 04/08/2013 - 19:29 | 3424211 knukles
knukles's picture

Oh, Pshaw...
It's a simple anomaly, a market inefficiency that will be arbitraged away in a matter of...

Ouch!
Stop hitting me!

Mon, 04/08/2013 - 19:37 | 3424230 Say What Again
Say What Again's picture

Does anyone really remember how market dislocations actually WERE arbitraged away in a matter of seconds?

I don't think I would know how to respond in such an environment.

Mon, 04/08/2013 - 19:41 | 3424241 The Alarmist
The Alarmist's picture

They used to say that the smart money trades after 3 O'clock ... now I guess they are too busy watching Dr. Oz.

Mon, 04/08/2013 - 19:44 | 3424257 AlaricBalth
AlaricBalth's picture

Kevin Henry
FRB-NY
Daily Schedule

9:00am Arrive Office

9:15am Get iced latte mochiato and ET bagel

9:30am Read WSJ online, Business Insider, Market-watch and Zero Hedge.

10:30am Discuss with colleague how to mess with ZH'ers.

11:00am Watch porn on office computer.

12:00-1:30pm Lunch

1:30 Watch more porn

3:15 Prepare for daily 3:30pm ramp.

3:30pm Ramp market

4:15pm Go home

Mon, 04/08/2013 - 19:46 | 3424261 Say What Again
Say What Again's picture

They have it all on auto-pilot while they go to the bar or the golf course. What could possibly go wrong?

Mon, 04/08/2013 - 19:40 | 3424244 edb5s
edb5s's picture

PPT, LP

Mon, 04/08/2013 - 19:26 | 3424191 kliguy38
kliguy38's picture

Next thing ya know you'll be sayin' it was a conspiracy that assasinated JFK

Mon, 04/08/2013 - 19:41 | 3424248 The Alarmist
The Alarmist's picture

Everyone knows it was Al Quaeda.  Definitely not Kellog Brown Root doing it to boost the career of their number-one supporter, Lyndon Johnson.  Definitely Al Quaeda.  Now, move along.

Tue, 04/09/2013 - 09:54 | 3426137 Dan Conway
Dan Conway's picture

I thought it was Bush's fault.  Now I am confused.

Mon, 04/08/2013 - 19:53 | 3424295 Stoploss
Stoploss's picture

So tomorrow should be a down day, but won't be cause the ZH fuckers busted the trading pattern.

That means wednesday down too. Start of a new pattern until it gets busted then back to this one.

Long: Air

Mon, 04/08/2013 - 19:51 | 3424276 zorba THE GREEK
zorba THE GREEK's picture

If I had the time or the inclination to trade on a trend basis such as is depicted in this article, I certainly would

but I am fine with buying and holding physical PMs as I have been doing for over 10 years . Buying and accumulating

at these levels will certainly pay huge dividends, but alas I am already totally invested.

Mon, 04/08/2013 - 19:16 | 3424158 JustObserving
JustObserving's picture

And don't forget to sell gold and silver just before the US open at 8 am or so.  The fraud is so prevalent that they no longer bother to hide it.

Mon, 04/08/2013 - 19:18 | 3424161 fonzannoon
fonzannoon's picture

Tyler should seriously name these articles "chart porn" so they may actually pop up on the SEC google searches and they may accidentally have to look at what is going on.

Mon, 04/08/2013 - 19:27 | 3424190 Strider52
Strider52's picture

The SEC is *in* on it, they already know.

Mon, 04/08/2013 - 20:13 | 3424365 pods
pods's picture

<rimshot>

Mon, 04/08/2013 - 19:25 | 3424181 Lets Buy The Dip
Lets Buy The Dip's picture

The S&P is down a little, but there is one thing to remember. 

 BULL MARKET STAGES 

CLICK HERE to see the where we currently are in the BULL MARKET STAGES

The market is about to take a nice dip I feel, but I am not falling in love with the downside. 

Is it just me, or are these lies and BS coming out of wall street and washington, giving me the heebie jeebies.

Mon, 04/08/2013 - 19:24 | 3424183 q99x2
q99x2's picture

It seems like it would be risky to be in the markets at this time.

Mon, 04/08/2013 - 20:18 | 3424375 pods
pods's picture

I think from now on we are going to have to put quotes up around "markets."

Right now someone at GS is developing a 3rd derivative algorithm that will skim off the algorithms that skim off the algorithms that skim off Kevin's daily PPT cheddar delivery.

pods

Mon, 04/08/2013 - 19:24 | 3424184 slingshot
slingshot's picture

How about a study showing ES performance over an extended period of time say a couple years.  Similar results likely imo.

Mon, 04/08/2013 - 20:32 | 3424427 NoLongerABagHolder
NoLongerABagHolder's picture

Pretty easy to find out the historical results of buying at 330 and selling the close with quantum charts. I will get the results and post them here.

Mon, 04/08/2013 - 23:24 | 3424187 ozzz169
ozzz169's picture

Deleted duplicate (if someone knows how to properly delete post let me know)

Mon, 04/08/2013 - 19:27 | 3424188 ozzz169
ozzz169's picture

Think this is algo driven?

Mon, 04/08/2013 - 19:35 | 3424222 Say What Again
Say What Again's picture

I think I hear an echo

Mon, 04/08/2013 - 20:15 | 3424366 pods
pods's picture

What?

Mon, 04/08/2013 - 20:43 | 3424492 Say What Again
Say What Again's picture

Don't look now, here comes Mr Wallace.

Mon, 04/08/2013 - 23:21 | 3424980 ozzz169
ozzz169's picture

Dont know why it posted 2 times, but could not delete the second one.

Tue, 04/09/2013 - 03:53 | 3425300 mkhs
mkhs's picture

Relax, happens to everyone.

Mon, 04/08/2013 - 19:29 | 3424200 PUD
PUD's picture

All my money is in the Rydex 3x 3:30 to close fund. Less costly than the PPT half hour 3x leveraged fund.

Mon, 04/08/2013 - 19:29 | 3424203 PUD
PUD's picture

That's what's called INVESTING!

Mon, 04/08/2013 - 19:35 | 3424220 knukles
knukles's picture

There it is folks, the New Normal Long term Investing...
30 minutes a day.

Mon, 04/08/2013 - 19:30 | 3424206 jonjon831983
jonjon831983's picture

"The Day the Government Seized Americans' Gold"

http://www.bloomberg.com/video/the-day-the-government-took-our-gold-d_oPD_2KTayTnSpqco6kDw.html

80 Years ago today.

Also mentions Texas move to protect its gold from the Fed.

Mon, 04/08/2013 - 19:29 | 3424210 MichiganMilitiaMan
MichiganMilitiaMan's picture

Are these the Green Shoots I have been promised since 2008?

Mon, 04/08/2013 - 19:44 | 3424256 The Alarmist
The Alarmist's picture

Green Shoots are soooo 2010 ... we're into full-blown astro-turfing here.

Mon, 04/08/2013 - 19:41 | 3424239 slingshot
slingshot's picture

$USDJPY Historical exchange rates from 1953 with graph and charts -http://stks.co/jQo8 http://stks.co/gQt4

 

usdjpy 360/1  1960's  coming again?

Mon, 04/08/2013 - 19:45 | 3424265 tuku2400
tuku2400's picture

Rubin use to have a futures acount too

Mon, 04/08/2013 - 19:50 | 3424277 Rainman
Rainman's picture

Here I am sweatin Louisville minus 4 , when the surest winner is right in my face into the close.

All hail the Bearded One !

Mon, 04/08/2013 - 20:00 | 3424312 EclecticParrot
EclecticParrot's picture

Suzy Algo:  “Have you ever thought about what might happen if they ever got wise to the pattern the programmers are using to create us?”

Jhonny Algo: (sneering) “What-- a Congressional investigation on why markets are going up?”

Suzy (giggling): “I'd love to banter with Maxine Waters on HFT -- watch her head spin around like Linda Blair !”

Jhonny:  "No such luck -- it'll be Jamie Dimon flirting with Kristi Noem, after having lunch with Nikki Haley."

Suzy:  "Haley?!   That slut!"

Jhonny:  "Jealous?"

Suzy: "Just keep it zipped, buddy, and focus on your post-Fed minutes game-plan."

Jhonny (chortling):  "May just break the record for candle length -- and, as you know, size matters."

Suzy:  "Cretin."

 

Mon, 04/08/2013 - 23:41 | 3425032 The Second Rule
The Second Rule's picture

“Have you ever thought about what might happen if they ever got wise to the pattern the programmers are using to create us?”

There's a pretty good movie called Margin Call which explores this hypothetical. It's not bad. Stars Kevin Spacey. The guy playing the chief is the spittin' image of Jamie Dimon. Can't recall his name.

Mon, 04/29/2013 - 15:48 | 3511013 Lost Wages
Lost Wages's picture

In the movie Margin Call, I like how they are at the office all night long, but no one ever turns on the lights and everyone's computer monitor is still on with all the charts they were working on when the market closed.

Mon, 04/08/2013 - 20:36 | 3424447 exartizo
exartizo's picture

its all smoke and mirrors designed to entice the Muppets back into retail obviously.

Nothing but a mirage.

Because by the time the Muppets get into it, it magically disappears, just like a real "non-manipulated" market... except that a real "non-manipulated" market doesn't behave like that, as we all know.

Leave it to the algos and may they find little scraps to tear each other apart over imho.

Mon, 04/08/2013 - 21:48 | 3424649 One of We
One of We's picture

FAZ in the morning FAS after lunch....

Mon, 04/08/2013 - 23:39 | 3425023 The Second Rule
The Second Rule's picture

Hey Ben...go FAZ yourself.

Mon, 04/08/2013 - 22:09 | 3424715 CalibratedConfidence
CalibratedConfidence's picture

excellent.  A report you'll only find on Zerohedge.

Tue, 04/09/2013 - 07:30 | 3425522 dcb
dcb's picture

this makes total sense because the majority of those trading aren't holding over noght anymore. which is one reason.

if you want to increase your performance you buy one of those inverse funds at the close as well. (My little secret)

Tue, 04/09/2013 - 07:51 | 3425578 buckethead
buckethead's picture

"It is as if a team of people were protecting the market from the plunge that Treasuries have been so clearly signaling in the last 3 weeks."

Subtle.

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