Dave Floyd
26.3K posts
Dave Floyd
@DaveFloydTrader
Dave Floyd is the owner of the Aspen Trading Group.
- Yet more solid insights from @nntaleb - this time, the link between MPT and underfunded pension funds. academia.edu/50833426/Pensi…
- Replying to @leadlagreportand for those who actually understand risk and trading would realize that a 60% drawdown requires a 150% return to get to break-even. Guess they don't teach that at the 'trading bootcamps' at the Holiday Inn's by the airport.
- It really is stunning the amount of $$ thrown at WeWork. Softbank invests at a $47 bln valuation - now likely worth only $20 bln!!?? SoftBank employess face loss and possibly on hook for losses!!??
- Just in case you are wondering about the intra-day volatility and air pockets in $ES_F futures.....lack of liquidity
- BIG eurodollar bet: $1 million premium with a $50 million payoff...hinges on rates hikes in 2023
- Yikes.....not looking good for New Zealand or even the kiwi - glad we are positioned accordingly $NZDUSD
- When I form my next band I will call it "Hedonic Adjustment'....love the way that rolls off the tongueThis is a great visual of what nonsense the CPI is. New car prices supposedly basically unchanged from 1995 until early 2021, now spiking. CPI is not just some math geeks' model, it's become an exceedingly misleading and dangerous tool. @BLS_gov fred.stlouisfed.org/series/CUSR000…
