Daily Archives: February 9, 2012

Twitter Updates for 2012-02-09

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Singapore Family Offices & Hedge Funds | Whitepaper (PDF Download)

Here is a whitepaper on why family offices and hedge funds are thriving in Singapore:

http://FamilyOfficesGroup.com/2012/02/singapore-family-offices.html

Enjoy!

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Youtube video quant opinion: Future meetups on how to trade with huge profits

Youtube video quant opinion: Future meetups on how to trade with huge profits

http://quantlabs.net/membership.htm

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Rumors of A Second Great Depression Have Been Greatly Exaggerated

Rumors of A Second Great Depression Have Been Greatly Exaggerated:                                                                                                             Get Some of Your Tax Money Back By Buying Stock in Fannie Mae and Freddie Mac

It’s hard to believe that only months ago U.S. stock markets briefly occupied bear market terrain. Right now, the big three U.S. indexes—the Dow Jones Industrial Average, the Nasdaq and the S & P 500— are touching multi-year highs. Good job news and a brief respite of bad news from the Eurozone have been the drivers, and perhaps a growing sense that Barack Obama and his colleagues are slowly righting the U.S. economy.

One sector that has shown mixed signs of being at a bottom, but has been painfully slow to recover, is the U.S. housing market. Wall Street greed, one of the catalysts for a world economic recession, hasn’t gone anywhere. But the massive liquidity and credit crunches created by the mortgage-backed securities pyramid scheme seems to finally be working its way through the system, creating renewed equity market optimism.

I’m not sure if those trends will hold up over the long term, but right now the iron is hot, and so too is high volume trading of Fannie Mae (FNMA) and Freddie Mac (FMCC) stock. Looking at the stock charts of both entities, you can see that they are virtually mirror images. The share prices of both troughed along with the economy during 2011’s volatile trading year, at their lows dipping to just under .20 cents per share in late 2011, after essentially consolidating in the .20 cent channel throughout the second half of last year.

Judging from the recent heavy trading in FNMA and FMCC, both traders and institutional investors seem to have their sights set on driving their share prices higher. At the beginning of the week shares of both agencies rallied smartly through the .30 cent barrier, only to pull back and consolidate at slightly Some of the enthusiasm no doubt stems from the recent bullish push in the markets, but I’m guessing that a true bottom has also been put in some U.S. housing markets. Couple with an improving employment outlook, unprecedented low interest rates, and a push in Congress to make it easier for people to refinance their mortgages at lower rates, it may be a good time to sit on a few thousand shares of FNMA and FMCC and ride the trend higher.

By Jon Slotnick

 

 

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Schedule of Last two Quant Meetups at no cost including tonight! Meetup coming soon on 40+ new models and strategies to be implemented

 

Schedule of Last two Quant Meetups at no cost including tonight! Meetup coming soon on 40+ new models and strategies to be implemented

Hey there

Here is the schedule for my upcoming Meetup group:

Another FREE online Meetup via Skype tonite at 9pm EST

 

http://www.meetup.com/quant-finance/events/51280782/

Last FREE Meetup via Skype for a while

Monday Feb 13 at 10am EST

http://www.meetup.com/quant-finance/events/51451872/

Remember there is a max of 10 people per Skype session!

Also:

Over 35 models will be implemented into the QuantLabs Premium Membership data service. These models are awesome including an Evolutionary Learning one with exact Sharpe Ratio estimation. Future Meetups will be scheduled for Premium members on this.

If you want to join, please do so at:

http://quantlabs.net/membership.htm

The monthly fee for the Membership will be going up 50% next week! There will be no future discounting after that! The demand for this is growing exponentially.

Note: A new private email list is going to be split for the Premium Members for future Meetups on these new models. You will be able to follow the schedule at http://quantlabs.net/blog/2012/01/events/

That is all.

Bryan

 

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Quant opinion: Little hope for little trader streetcoup.com

Quant opinion: Little hope for little trader streetcoup.com

Traders that are new to the industry are too easily scammed into dubious trading products or subscriptions. So-called trading gurus permeate our society to exploit the starry-eyed eagerness of a trader trying to learn. It is…

 

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It is true that every where we look, someone is trying to sell us a new system or magical indicator. Some of these folks make their living that way because if they were honest you would find that they actually do not make that much money in trading. But they do make quite a bit selling indicators or courses.

Then the flip of that coin is that as traders, we all know how tough it is to learn how to trade. There are no short cuts either because it takes a lot of screen time and a lot of actual trading in order to find your methodology. And most traders are very willing to help new traders or other traders get on the right path. So not every one out there willing to help is a scammer…..but there sure are a lot of them.

I have followed so many top traders and their methods and after 12 years I would have to say that there are two that in my eye’s are worthy of being called a guru. Actually I could probably name six but two of them in my eyes have helped so much in how I view the markets…..that I just totally respect them and are extremely grateful that they shared their methods with people like me.

But in their eyes they are anti guru’s. And in fact both have developed tools to assist in trading as well, but it is not the tools that would bring you success…..it’s their belief that trading is a business and should be treated exactly that way.

If you ever wanted to explore what they have to offer….don’t rush and buy their products….instead research them and then buy their books. Learn what their method is…how they think….why they think that way. And during the course of researching them, you will be changed for the good in how you think as a trader. And they have articles that are out there that are free as well. So check out Robert Miner and Cynthia Kase. They are easy to find.

And I wish you all the best with your trading journey!!!!

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agree with your opinion about Robert Miner,

 

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And yet I have offered to mentor newbies for free-but when you mention options,their eyes glaze over. It is very hard work learning how to trade-as Van Tharp will tell you. I am happy to teach, passionate about trading and…I make money!
99% of people who express an interest are dead lazy and want someone to tell them what to do.Thinking that a weekend course will make them into a trader is absurd,yet they turn up to the snake oil salesman courses in their hundreds

 

 

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Opalesque Campus: Top Hedge Fund Academic – Operational Due Diligence as a Source of Alpha in quant analytics

Opalesque Campus: Top Hedge Fund Academic – Operational Due Diligence as a Source of Alpha in quant analytics

Stephen J. Brown is David S. Loeb Professor of Finance at the Leonard N. Stern School of Business, New York University. Professor Stephen Brown describes how his recent research reports into operational due diligence have shown that operational risk is the “disease” that plagues hedge funds and funds of funds, and accounts for low market-adjusted returns along with many of the fund failures that occurred in 2008. While financial risk is a “symptom” of the disease, operational risk is more predictive of fund failure than is financial risk.

To get more information about Stephen Brown and Operational Due Diligence watch this video:http://www.opalesque.tv/hedge-fund-videos/Stephen_Brown/1

 

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Prof. Brown’s research proves that managers and investors did not take due diligence processes very seriously leading up to 2008. Focusing on the central role of funds of funds as the primary conduit for institutional investing into the hedge fund space, Stephen argues that the traditional question of how much diversification a fund of funds should utilize is the wrong question.

To know more information about Stephen Brown’s research watch this video:http://www.opalesque.tv/hedge-fund-videos/Stephen_Brown/1

 

 

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Quant Analytics New Paper: Solving Partial Differential Equations with the NAG Library

Quant Analytics New Paper: Solving Partial Differential Equations with the NAG Library

Partial Differential Equations (PDEs) are used in many important areas in science and financial mathematics, and a lot of work has been put into developing reliable methods to solve them.

Many of these methods are available in the NAG Library, and following a helpful dialogue with a NAG user at the Institute of Biomathematics and Biometry at the Helmholtz Zentrum, we have highlighted a few of them in a white paper which presents the results from the solution of a variety of PDE problems.

For the paper, go to http://www.nag.co.uk/doc/techrep/pdf/tr1_12.pdf

 

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Personally, I think this paper is a marvelous piece of work, but my opinion couldn’t be viewed as objective because I’m the author of it. 😉 Perhaps I could mention though that it’s also been put up on the Physics World site athttp://physicsworld.com/cws/channel/whitepapers.

 

 

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Gluster, Lustre, FraunhoferFS and GPFS in a Windows HPC or LINUX HPC environment

Gluster, Lustre, FraunhoferFS and GPFS in a Windows HPC or LINUX HPC environment

Dear HPCers,
I’m trying to collect together as much information about the various distributed and parallel filesystems as I cannot find good information on the subject. It is my intention to compile a ‘rogues gallery’ based on users witness statement. Looking for info on performance, scalability, supportability and the all important dandruff quotient.

 

From my point of view most important differences are that Lustre and GPFS require of dedicated hardware meanwhile Gluster and Fraunhofer can aggregate “small” storages in one without specific and expensive hardware.
Also you have to notice that Lustre and GPFS provides you with a more robust and reliable storage.
Lustre and Gluster are open source, and Fraunhofer and GPFS don’t.

 

 

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!