OddStats (@oddstats) 's Twitter Profile
OddStats

@oddstats

Retired finance professional. I can't see the future and neither can you; anyone who says different has something to sell. NOTHING I SAY IS INVESTMENT ADVICE.

ID: 1370749164

calendar_today21-04-2013 23:09:31

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Chris Ciovacco (@ciovaccocapital) 's Twitter Profile Photo

Q: Would the stock market be MUCH lower if a recession were weeks away? A: NBER official start of financial crisis recession was DEC 2007. The S&P 500 was 5.37% below ATH on 12/1/2007. Yesterday, we were 5.16% below ATH.

Q: Would the stock market be MUCH lower if a recession were weeks away?

A: NBER official start of financial crisis recession was DEC 2007.

The S&P 500 was 5.37% below ATH on 12/1/2007.

Yesterday, we were 5.16% below ATH.
OddStats (@oddstats) 's Twitter Profile Photo

Bitcoin now down 1/3rd of its value in 64 days after spiking 300% within months, just like a *real* brick-and-mortar scam.

Bitcoin now down 1/3rd of its value in 64 days after spiking 300% within months, just like a *real* brick-and-mortar scam.
OddStats (@oddstats) 's Twitter Profile Photo

So far in August 2019, more than half the trading days on $SPX have seen a daily return of +/- 1%. And would you like to see a list of every month in index history like that? I thought so. Pick your favorite.

So far in August 2019, more than half the trading days on $SPX have seen a daily return of +/- 1%.

And would you like to see a list of every month in index history like that?

I thought so.

Pick your favorite.
OddStats (@oddstats) 's Twitter Profile Photo

Are you wondering how the rest of the year did after $SPX had a negative August? Tough shit, here it is anyway. Spend this time thinking of all the ways you could have better spent this time.

Are you wondering how the rest of the year did after $SPX had a negative August?

Tough shit, here it is anyway.

Spend this time thinking of all the ways you could have better spent this time.
OddStats (@oddstats) 's Twitter Profile Photo

Well, that IS Odd. If $SPX closes up +1% today but ends the month tomorrow below 2980.38, there will have been SEVEN +1% days in August, while still closing the month negative. Here's every similar month ever. Yowza.

Well, that IS Odd.

If $SPX closes up +1% today but ends the month tomorrow below 2980.38, there will have been SEVEN +1% days in August, while still closing the month negative.

Here's every similar month ever.

Yowza.
OddStats (@oddstats) 's Twitter Profile Photo

The Michigan Consumer Sentiment dropped from [100.0 on May 31st] to [89.8 this morning]. In the 41 years that UM has done this (the index began in 1978), it had never gone from 100-or-higher to under-90 within 3 months until right now. The old record was 5 mo (April 2001).

OddStats (@oddstats) 's Twitter Profile Photo

$SPX closes August up +16.7% YTD; the highest at this point in a calendar year since 1997. The last 4 times a year was up this much (or more) at the end of August, it closed December *even higher* than August. [data: Yahoo Finance]

OddStats (@oddstats) 's Twitter Profile Photo

1967 $SPX vs 2019 $SPX The only two years to be positive each of the first 8 months except May and August. This is some of the most pointless shit I've ever posted.

1967 $SPX vs 2019 $SPX

The only two years to be positive each of the first 8 months except May and August.

This is some of the most pointless shit I've ever posted.
OddStats (@oddstats) 's Twitter Profile Photo

$SPX is up at least +10% YTD thru August, which means that you probably think the market is likely to fade into the end of the year, right? You've never been the sharpest of my followers.

$SPX is up at least +10% YTD thru August, which means that you probably think the market is likely to fade into the end of the year, right?

You've never been the sharpest of my followers.
OddStats (@oddstats) 's Twitter Profile Photo

According to Wikipedia data, this is a list of every Category 5 hurricane to eventually touch the USA in the past 40 years. And how did $SPX do the week after the hurricane was last recorded at Cat 5 wind speed? Who cares? This study is ridiculous.

According to <a href="/Wikipedia/">Wikipedia</a> data, this is a list of every Category 5 hurricane to eventually touch the USA in the past 40 years.

And how did $SPX do the week after the hurricane was last recorded at Cat 5 wind speed?

Who cares? This study is ridiculous.
OddStats (@oddstats) 's Twitter Profile Photo

I'm beginning to think the economy is actually a wildly complex machine that is based on any infinite number of variables and factors and that maybe, just maybe, looking at a small handful of industry-specific data points isn't a great way to predict the future.

OddStats (@oddstats) 's Twitter Profile Photo

You know the old saying, "As September Goes, So Goes The Entire Year?" If so, you're a goddamn liar. I just made it up. Anyway, 15 of the last 19 years on $SPX, September went the same direction as the entire year as a whole. No disclaimer; you already know you're dumb.

You know the old saying, "As September Goes, So Goes The Entire Year?"

If so, you're a goddamn liar.  I just made it up.

Anyway, 15 of the last 19 years on $SPX, September went the same direction as the entire year as a whole.

No disclaimer; you already know you're dumb.