Sholom B has returned in 2017 who recently sent over a video on his SPX option calls for this year. He also talked about his view on the current Trump rally.
My view of this current rally is it will be like a sugar high. Once the inauguration is done, there will be a huge rally because of tax cuts as well as infrastructure spending. After initiation within a year roughly, I would not be surprised that the American national debt will come into focus. That will be then a huge dose of reality which will turn the markets against us. Do not be scared children, volatility will take off like a bat out of hell. For those that don’t know how to trade it in a high-speed environment, they will be slaughtered. For those that have set up proper with bulletproof/rigid automated strategies, they should do very well. That is what my current system is focusing on. Once complete, I should be able to adapt to any market regime and diversify into all universal asset classes. The only thing stopping me is my broker account limitations. The next few years should be able to separate the men from the boys which means automation will rule.
Going through my daily consumption of Bloomberg news, I found a very interesting article about how Goldman Sachs is transitioning into more Quant funds. Bloomberg calls this a reset. There is a video that you can watch to fully understand what they mean. After I reported on a story on how Blackrock has had recent record losses because of quantitative funds so one should start questioning their team’s capabilities. I don’t because you need to compare quant trading like a gun. Give this killing machine to an idiot, expect a slaughter. For Blackrock being the largest asset manager in the world, it only goes to show whoever hired this team should be returned back to sender. We do not need to question quantitative techniques but should question the people that apply it. This especially holds true for those that are sitting on portfolios in the billions. I just hope Goldman Sachs gets their quant fund strategies right as well. Either way I will not be questioning the capabilities of Quantitative analysis for Trading. I do know the mainstream trading world will. Either way, it comes down to your track record with what works and what doesn’t.
I would also like to mention I am thinking of doing a variety of ‘make up classes’ to make up for the missed tutorials in my Future/Options strategy. This includes critical topics of:
Options on futures
Options examples continue
Additional Options concepts with comparison to Futures
Option pricing more examples
Call put parity
Coding samples will be offered in a combination of Python and C++.
I will need to do this on a Saturday only so I am trying to find out if those want it on Jan 14 or Jan 21. This will need to start early 9AM EDT. Let me know what works for you.
This will be available to all my Quant ELITE members.
Not a member, join now!
P.S. If you are interested in this mini workshop, I would strongly recommend to jump on this AS SOON AS POSSIBLE to properly prepare for these topics if you are unfamiliar with them.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!