Market Recap 6/8/2020

美联储放水,资金涌进优质资产(目前也就美股和credit了。。。)portfolio从growth往value转,两者导致美股上扬,有点不合逻辑但是也没办法。 之后美联储打光子弹之后时常会怎么走呢?crash么?cash?黄金怎么动? 目前企业和个人的leverage都比较高,如果这种pre spending可以compensate by future rebound,那就是个很好的策略,如果不可以的话,那就会引起市场的concern 和 crash。 比如周四,因为美国reopen导致很多州的疫情反复,市场有concern。

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Market recap 4/8/2020

感受一下之前买sds,后来没出行情,还在bleeding,因为那时候hedge我觉得用put就够了,不要用etf太贵。不过后来当市场有疫情的征兆,结合中国的经验,确实有可能是catalyst,就应该更坚定的调仓,然后hedge.

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Market Recap 4/26/2020

Following the swiftest-ever reversal tighter in Credit spreads and higher in Equity prices, markets have made much headway since earnings season began ten days ago. Is there a valuation problem with corporate assets that price too quick a return to normalcy after the most unusual recession in history? (Commodities and EM FX ex Asia certainly […]

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Building Recommendation System

Recommendation System we called is a very NARROW concept: A system that predicts ratings or preferences a user might give to an item. Rather than a machine learning algo that solve general recommendation problem. Recommendation signal: YouTube use the minutes you watch heavily in their recommend system. Metrics to evaluate the recommendation system RMSE, MSE, […]

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Market Recap 4/9/2020

S&P rebound to 2800 today, reopen the bull market position… The implied vol still very high, options are expensive still. Oil cut doesn’t drive the energy sector up a lot and I feel the long term concern on economy still exist… Feel hard to position the market right now… Keep wealthfront low risk exposure.. Alpha […]

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Market Recap 2/26/2020 Coronavirus

Lessons: Since outbreak of coronavirus in China, I should buy online streaming/face mask stocks in US, to hedge the risk. I should purchase put to hedge the risk I under estimate the severeness of coronavirus and the fear of virus by human nature. I also suffer great losses from AMRN and Energy ETF, one common […]

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Market Recap 2/14/2020

First recap after 2020 rebalance. AMRN and Energy ETF suffer from significant loss AMRN: TBD, looks like we just need to hold it for the long run. Energy ETF, strong believe that it will bounce back, given a huge gap between energy price and the performance of energy ETF. Gold and Silver, light position, for […]

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2019 Recap and 2020 Outlook

2019 Market Performance: Most markets are ending with returns above, in some cases, two times above their long-term average. Driven by Very low market baseline @ 2018 year end The market overstated recession risk in 2019 which drag down the market a lot. Extraordinary broad monetary easing this year One year ago (2018 Dec.) that […]

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Market Recap: DoubleLine Founder and CEO Jeffrey Gundlach

Original News: https://finance.yahoo.com/video/bond-king-doubleline-founder-ceo-163202324.html My Transcript: Review 2019 market, and the driver in 2020? All asset classes are strong, gold, stock, bond, bitcoin, but it came from a very low baseline, a deep dent in 2018 year end. In a broader context, market is turning around: 10 year yield is 2%, S&P/DJ at peak but other […]

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