An enjoyable and educational video about the creation of the formula behind the multi-trillion dollar options and derivatives market. Fun Fact: I’ve been to Myron Scholes home and spent some time with the man while he was living here in Palo Alto.
Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
Hungering for Liberty
Wrangling the Ranges
Let’s look at two ETFs with something important in common: their sinewaves. More specifically, the upper and lower extremes of these patterns, which by definition are a range. The first is the small caps fund, IWM, which has been range-bound for about two years, and today came THIS close (but not quite!) to breaking above its highest level, which remains set at March 29, 2022.
(more…)The Latest from Mr. Cross
Hot off the presses, and for your listening pleasure:
Just Under the Roof
Below are the two biggest ETFs around. Interestingly, at their peak today, they were precisely, and I mean precisely, beneath their broken wedges. Worth noting!
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