I’ve had what one may call an ‘interesting weekend’ which dragged on into nearly 5:00am Monday morning. That’s right – the fun never stops at the evil lair and you can imagine how I’m feeling today. Anyway, with only a handful of neurons left to spare let’s not waste time on cheeky remarks and jump right into the weekly stats:
And it’s going to be a doozy. In fact the only good thing to be said about this week, statistically speaking at least, is that it’s followed by the much anticipated Santa Season. Then again it’s 2021 and I don’t have to draw you a map on what this winter may have in store for us.
SKEW is fairly negative, which if you’re not a stats nerd means that the data set is long tailed on the left (negative) end of the return % spectrum. That CAN be a good thing but if you for example only deal with a set of negative numbers then it’s obviously academic.
Oh now you want to know what a histogram is? Did I mention I barely got any sleep? Alright, the graph is pretty self explanatory but in case you don’t see it: Note where the center of the histogram happens to take place?
It’s around -1.5 and that means of course this:
Oh yeah baby – we are heading straight into the 2nd least likely week to close in the plus.
Wohoo!! (paging Mr. Knight!!)
But trust me, you ain’t seen nothin’ yet!
Continue reading this post over on Red Pill Quants…
