Wednesday, December 12, 2018

World's largest carnivorous plant catches an entire sheep!


This is just so neat that I had to share it.



God only knows why YouTube hands me the recommendations that it does.

But yeah, this guy's theory actually does make complete sense.


Friday, December 7, 2018

Death crosses!


Yay! QQQ death cross happened this week!

An IWM death cross, however, already happened in mid-November.

SPY and JNK should be next week.


Friday videos, US market crash edition


I think I'll bum you lot out all thru Christmas:



What makes it even worse is that it's Moby.


Monday, December 3, 2018

Monday comment


Well, I got done a stats assignment, a history essay and a geography assignment last night, so now I have no term work left to do and I can move into "study for exams" mode.

So, I have a bit of time for comment:



Two of the big worries over the last market drop have been:

1. The Fed is going to raise rates til it causes a recession, and

2. The US is destroying world trade and will cause a worldwide slowdown.

President Piddles seems to have addressed worry #2 this weekend, not that his word means anything ever, while Jerome Powell hinted at a resolution of worry #1 earlier last week when he called rates "maybe just under neutral".

And as for #3, now we move into Christmas, and sales figures are the most persuasive market movers throughout December.

Meanwhile, though, the QQQ is still under its SMA(200) and the SPY looks like it's halting at the SMA(50). With downward SMA(50)s in both charts, and death crosses close to happening.

So maybe this is the world's greatest fakeout? We'll see.


Friday, November 30, 2018

Friday videos: that was a fast career yo


Here's that week in Kreayshawn's one-month music career when she switched to children's music and destroyed White Girl Mob for everyone:





Sunday, November 25, 2018

His family are also fucking dumbasses apparently


BBC News - family forgive Sentinelese tribesman who shot their fuckhead relative full of holes. Quote:

In his last letter to his family he wrote: "You guys might think I'm crazy in all this but I think it's worthwhile to declare Jesus to these people.

[…]

He wrote he was "doing this to establish the kingdom of Jesus on the island... Do not blame the natives if I am killed," the source said.

Jeff King is president of International Christian Concern, the organisation with which Mr Chau was aligned, and was in contact with him during his visit.

"He'd been in the islands before, to this particular island... there were three or four visits on that day, and what happened was on the first visit he was turned back by arrows; the second visit, he came with two big fish as a gift.

"My understanding was the men accepted the gift; they sat together for an hour; he said they were menacing and they actually shot him. He went back to the boat, and then gradually went back a third time. That's when the fishermen who were looking through binoculars saw that they'd killed him and were taking him apart.

Dumbass Christian morons.

Saturday, November 24, 2018

Bitcoin schadenfreude continues


Wow! One bitcoin gets you $3707!

Whatever happened to that reader who "invests" in bitcoin?

I hope he got out.

Friday, November 23, 2018

Friday videos: hey, remember Black Eyed Peas?


Whatever happened to Taboo?

I mean not now, I mean what happened to him when he was supposed to be in this band? Did he only do one rap on the entire album or something?





Wednesday, November 21, 2018

By the way, cheating is rife at university


By the way, cheating is rife at university.

I TA'ed intermediate macro in the spring, and believe it or not we actually caught a girl with a cheat sheet up her sleeve at the midterm.

That prof had his own custom-designed questions for the class, instead of using a textbook test bank (which I don't think exists for Varian); but I still found all his questions online at the various cheating websites.

Didn't matter, of course: a big chunk of the class still failed, because if you never actually did the assignment problems you would get slaughtered on the final.

Unless you were Chinese and paid a lookalike to take the test for you. Which I'm quite sure happened a lot, because all the Chinese Visa students had fucking heavily photoshopped student IDs.

And now I've been trying to teach myself stats all week because this assignment due tomorrow is so confusing, and I just found a literal scan of Q2 on Chegg.

This is what happens when you conservatives lock the working class out of university. Once upon a time the profs ran a vicious merciless meritocracy: they didn't want poor kids getting degrees, but were okay with a few slipping through as long as they showed they deserved it.

But then the rich kids' mommies and daddies voted for Harris, and tuition was jacked up so it's now unaffordable for the working class.

The only students left at university are the brats from million dollar homes in Markham and Mississauga, whose parents have been feeding them the line that they all deserve upper-class jobs like theirs just because of their accident of birth. Then they get to university, without ever having studied, and they decide to cheat their way through to get a degree that they definitely don't deserve.

And by the way: this class' first midterm average was 57%. The prof was forced to re-mark the test to let more of the brats pass. TWO OF THE FIVE QUESTIONS WERE FROM SECOND YEAR! For another two of the five questions, he LITERALLY GAVE US THE ANSWER AND ASKED US TO SHOW HOW TO FIND IT!

When you lock the working class out of university, meritocracy disappears and you get rich brats demanding their birthright.

This is also why my history class tutorial is full of fucking rich kids (seriously, one is a DeSantis, they own Hamilton) blathering on about white male oppression when the only reason they're in university instead of pumping gas is because their mommies and daddies voted for oppression by the kleptocratic elite. I have not once seen Marxist class analysis come out of anyone's mouth, and that's because all these brats know down deep that they're members of the oppressor class: they just try to hide it by whining on about the imagined evils of white male imperialist oppression. Like science.

You also can't bring up that a lot of these kids are Indians and Arabs whose parents or grandparents only made it to Canada because their ancestors profited off a thousand years of slavery themselves. People tend to scuttle away when you point out that while there are still 300 million Dalits in India, you'll never find Dalits in Canadian temples because a) they aren't allowed out of India and b) Canadian temples bar Dalits from entry.

Anyway, rant off or I'll never get this assignment done.

Tuesday, November 20, 2018

Dumb people previously not featured on this blog


BBC - anti-vaxxers behind recent North Carolina chicken pox outbreak. Quote:

"This is the biggest chickenpox outbreak state health officials are aware of since the vaccine became available," a North Carolina Department of Health spokesman told the BBC in an emailed statement.

Out of the Waldorf School's 152 students, 110 have not received the vaccine for the varicella virus, known to most as chickenpox, the Citizen-Times found.

And 67.9% of the school's kindergarten students had religious immunisation exemptions on file in the 2017-2018 school year, according to state data.

In a more enlightened age, we'd put all the anti-vaxxers on an island together, then quarantine it and wait 10 years for Darwin to do his thing.

Long Beach holiday imports fine


Calculated Risk - LA port traffic data shows brisk holiday imports.

Then again, if Apple is smarter than retail stores, then this may suggest that those holiday imports are about to become unsold inventory.


VIX and TA

$VIX intraday:


You could say that the perfect ping of the SMA(200), and the subsequent imminent crossover in the MACD, are indications that this is a continuation pattern with a target of something like 38 (if you don't understand logarithms) or more like 50 (if you did do well in highschool math).

But if so, you'd prove you have no clue what $VIX is.

Nevertheless, it does maybe signify that Wall Street has a problem with Trump exploding the US budget deficit right before the Fed engineers a Volcker recession.