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Daily Note

Economists

Aug 31, 2021

Thomas Thornton

  • I'm talking about economists today
  • Considering the markets are doing nothing I thought I'd discuss how they operate
  • Spoiler alert:  They are human and have biases just like everyone else
  • Lot's of charts today:  3 month realized correlation with the S&P, Bonds (including a DeMark Sequential with the 2/10 spread), Coffee daily and weekly sell signals, Bitcoin, KWEB
  • I am adding 11% weight more to the short side to existing positions and removing 3 longs 3% total with nice gains.
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