TLC Weekly Update May 28, 2021

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Today is last trading day for the month of May, It is also the lowest volume week so far for the year. I don’t know what the implication is. Maybe just that the weather is getting so nice that people prefer to go outside to get some fresh air instead of staring at their screens all day.

Next Monday is Memorial Day, a US holiday. As a Canadian, I rarely have a break on Canadian holidays if US markets are open. My holiday schedule actually follows the US ones. So next Monday I will be able to carry out some long overdue chores finally.

This is a very good video on Robinhood IPO Access. Mr. Boyle goes in-depth explaining how IPO works and the historical statistics on IPOs. I could not have done it better myself. So if you want to understand IPOs better, or that you want to invest in IPOs, watch the entire video.

Another process disrupted by internet connectivity – startup funding, has led to some interesting change in the makeup of startup investors. I am not sure what will happen to startup funding with a down trend in economy that almost everyone is expecting that to happen “soon”. The enabling of young people to easily invest into startups is a double-edged sword. Young people often lacks the knowledge and life experience to make smart investment decisions. On the other hand, they have time on their side. With just one good bet on a startup, it can be life changing for them in the future.

For this Memorial Day long weekend, enjoy this video of scotch and puzzle. I like watching this youtube channel during my lunch hour because the videos are pretty short and can distract my mind from my work. A form of ASMR maybe?

For those of you who are into astrology, tomorrow is the start of Mercury retrograde until June 22. I assume astrology fans already know about its general implications. But there is one unique feature of the pattern that people rarely talks about. the 10 days around the start of the retrograde is also a time of inspiration for those who conduct research and deep learning. So take your time to reflect and dive deep in coming few days can help you discover new understanding in things you are stuck at.

I just completed a round of hardware upgrade on my servers to make sure they are battle ready for my prop trading launch. Now that the hardware are mostly ready, I will go back to fine tune the software side. So much work, and as usual, so little time.

Have a great long weekend all!

TLC Weekly Update May 21, 2021

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Option expiration Friday today. To the surprise of the new crop of retail traders, the stock market did not go straight up off the open. What they have mistaken as a sign of the stock market bottoming out this week is in reality the normal option expiration dynamics at work. Option market makers can’t just sit there watching their books get toasted by close today, can they?

Hence they do their best to defend the markets from dropping lower on Wednesday to protect the puts they wrote and now on Friday they do their best to put a cap on the rally to protect the calls they wrote. It is really business as usual but the media always put a spin on this.

I was working on upgrading our network infrastructure and somehow when I search for network routing this completely unrelated article came up. It talks about how easy it is to do something extremely malicious to others that police will have a hard time catching the perpetrator. Cyber crime is real and can happen to all of us.

Watched a long discussion between Jordan Peterson and Stephen Fry. Very interesting talk as one of them is a religious person and the other is a declared atheist. It is a great conversation demonstrating how people can conduct meaningful conversation even though the standpoints are not the same.

For those of you interested in financial market outlook, Jeff Gundlach uploaded a video of him presenting his view at a Tony Robbins event. It is a nice summary of his view and what he believes will happen soon. His recommendations for the young guy is priceless.

This weekend will be another brutal week for me to take care of the details before the launch of my proprietary trading venture. It is just over a month away. So much more to get done and I wish I have 40 hours a day.

Have a great weekend all!

For my fellow Canadians, Happy Victoria Day!

TLC Weekly Update May 14, 2021

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The sell in May pattern returned this year after many years of hiatus. But then traders who started trading over the past few years would take this as a something that has no place in this new era of Fed printing until it can’t. So, we got a wonder rally today taking the stock market back up to about half of the drop made earlier in the week. At this point, the stock market is not closed yet so I can’t tell which side has won the week.

Nassim Taleb came out with a new video trashing Bill Gates. Not mentioned in the video is that Gates Foundation has been doing the same in many other places for a long time. So the damage is likely done already. I would go as far as contemplating that all the so-called climate change, virus outbreak, alien invasion are all his faults …

World chess champion Magnus Carlsen did it again – he can simply look at a chess board and recall what game it was, including the players involved and in which event. Normal humans can only analyze a board to try to find out the next best move, let alone remember the exact game right after. There is a reason why he is still the world champion today.

For those of you interested in intermittent fasting (IF), check out this video by Dr. Fung. The more clarity you have, the better you will be able to stick to your plan to utilize IF as a tool to keep yourself health. My warning though is not to jump into the more difficult fast until you are comfortable with handling your hungry first. It takes time to train your body to not signal you to eat even though you do not need food yet.

This week I will need to take care of chores that I have no time to deal with over the past few weeks. Will probably grind through them at a slower pace. So much has been done this month yet I still feel like I am behind schedule.

Have a great weekend all!

TLC Weekly Update May 7, 2021

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Today is Non-Farm Payroll report Friday and I just can’t believe the so-called economists and Wall Street analysts could have estimated that there would be a blockbuster employment figure. Anyone I know who runs a business tells me that the young adults refused to work because of the support payment they are receiving. The shortage of young adult workers will continue until the support payment stops. It is simply human nature …

Interesting read about Tom Anderson, the co-founder of MySpace – the retro look at social media back then and now. Are we entering a new norm in politicking worldwide thanks to the power of the modern social media?

Lately I discovered that Dr. Huberman has started his own podcast at YouTube. It is great news for anyone who is interested to learn more about themselves through the lens of biology and neuroscience. Dr. Huberman has put in much effort to make these podcast understandable by normal people without the scientific training. You don’t need to watch (or listen to) everything he puts out. Pick and choose the topics you want to know more and I am sure it will be time well spent.

Some of you have email me asking why I am super busy all the time. Well, if I am just trading and do nothing else, I will have a lot of free time on hand. However, I am in the process of building my own proprietary trading firm. I am busy raising fund, interviewing coders and research assistants to help me build the company.

My goal is to grow it big like Renaissance Tech one day. Given Dr. Simons started Renaissance when he was 44 years old, and that it took him and his partners 5 years to really figure out their approach, I am in a good position to start my firm since I already have my trading framework all developed over the years. The lockdown here makes it difficult to look for office space and hiring people. Training is especially hard as many things are much easier done face to face but it makes no sense to wait until after lockdown is over.

I will work on my emails over the weekend. If you are waiting for my reply, I think I will manage to catch up with the rest of my inbox finally.

Have a great weekend all!

TLC Weekly Update April 30, 2021

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Another all-time-high week for the stock markets. Now that the major big tech companies all have announced their earnings, we are entering the “Sell in May and Go Away” time window. Be ready for a normal pause in the stock market this coming month. Details of the possible scenarios is already provided to my premium members. We probably need to buckle up for a more volatile market environment over the next few months.

Lately I’ve heard many idiots telling me how bad eating beef is to the environment. This is classic propaganda done by some people with very specific agenda to shape the world. Funny how people can fall for this and spread the lies without understand a word they are told?

Here is a balanced video about the subject.

Many of my friends’ parents are getting to the age with dementia issues. They have been actively looking for drugs to help their parents to slow down the problem. Trying to learn more about this, I came across an interesting read on terminal lucidity. It makes me wonder if I will suffer dementia as I grow older and how to prevent that from happening looks like a high priority for me.

All these governments ordering people to social distance, lockdown and whatsoever they see fit, have failed so miserably because they have absolutely no common sense about human behaviour. As oppose to focus on offering reasonable workarounds (e.g. tell people to start taking Vitamin D / C, injection of Vit. D to patients with symptoms, etc.) and beef up their ICU capacities when they have the luxury over the last nine months, all they are doing is wasting time. Here is a story about New York and the unintended consequence of its government telling its people what’s not allowed.

In peaceful time, when effective governments are not needed, we have the luxury to allow clowns to be elected. We even have a laugh from their dumbness too because whatever they do, it does not really matter. However, in time of crisis, it is these clowns who will destroy people’s lives …

I hope this crisis will soon be over but I suspect that it will not due to extensive vaccination. Here is a video talking about what is now known and what to expect to happen soon. The sad scenario suggested by this doctor implies that we will see massive dying in coming years due to the inability of those who is in charge at understanding nature. I suspect this video will be removed soon so watch it while you can.

Too many complains from me this week. Time to get back to work.

Have a great weekend all!

TLC Weekly Update April 23, 2021

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What a roller coaster ride for the stock markets this week. S&P started the week dropping 2% and then magically rallied all the way back up. Yet, after Biden’s capital gain tax announcement, the whole recovery was wiped out once again. Today, we are witnessing the true animal spirit of the bulls who bravely push the stock market back up all the way again. Just like cats with nine lives, this bull market has proven once again it is not ready to die.

I came across this piece about two entrepreneurs taking on McDonald’s and its ice cream machine supplier. My first reaction after reading the whole article is that monopoly can exist not because of someone has a better technology or secret formula. It can also exist when those people in charge do not have the desire to improve customer experience.

If you are into first person flying experience, you may want to check out this amazing drone. Looking at it, the drone technology has really matured over the past few years. I am itching to get one too.

As someone who eat a lot of eggs and like eating eggs, this video proves what I suspected for a long time that not all eggs are equal. More importantly, the nutrition level in the eggs varies a lot but the so-called organic eggs from large companies are no better than their non-organic ones. If you pay attention enough to eat these eggs as-is, you can figure out which ones are better by their taste and texture.

I scheduled this weekend to clear my backlog of emails. For those of you waiting for my reply over the past few weeks, I will do my best to get back to you.

Have a great weekend all!

TLC Weekly Update April 16, 2021

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This option expiration Friday is something worth taking note of. We have all 3 major stock market indices at all time high while the expected worldwide “recovery” has turned into more lockdowns and vaccination nightmares. Is it optimism or it is pure animal instinct to bet everything on the stock market to make a few more bucks? I don’t know the answer but I am sure that if this is optimism it will have to face reality soon.

I love eggs. I eat eggs everyday. However I hate peeling egg shell. Funny that I read this article on how to boil egg that will make the egg shell easy to peel off. I will give it a try and report back next week.

Weather here in Toronto finally settled down to above zero. Trees are covered with green sprouts everywhere. And the birds came back too. I saw a bird the other day that looks very special so I tried to find the name for the bird online. Instead, I learned something fascinating about the birds and their annual migration.

Lately, I am trying to add the skill of lock picking to a long list of things I like to master. As I watch through youtube videos about the subject, I find this video on Master Lock very funny, in a dark humour way. It is a very short video and if you need a pad lock make sure you watch it so that you will never buy a Master Lock ever.

After past few weeks of intense catch up to complete multiple projects, I have completed a major milestone while setting up for the next leg of building my proprietary trading business. There are things that I have to wait for the results before I can proceed so I am stuck in a way giving me some extra time. I hope to either write or record some videos for my premium members.

Have a great weekend all!

TLC Weekly Update April 9, 2021

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Another week of record new all time high for S&P500 but not quite with Dow and Nasdaq 100. This is definitely an environment that we rarely seen in the past. As far as I remember from my long trading career, this is the second time we see this all-time-high phenomenon. Last time it was the end of year 1999 to the beginning of year 2000.

I warned in my newsletter for my premium members that this year we are going to see problems with essentials. Here is a video from a youtuber contractor telling us how bad things have been with the renovation / construction materials. Things will go way worse before it gets better.

Unlike a growth driven inflation, what we are experiencing is a supply side limitation-driven price hiking. There is no limit to how far such price rising wave will go. It all depends on how desperate the buyers are. If this continues for a long time, it will damage the internals of a economy beyond repair.

I just watched another video from DoubleLine talking to Louis Gave of Gavekal Research. Mr. Gave has unique insights about the long term economic changes that will affect everyone who have an investment portfolio.

A very interesting video about Ireland’s Vitamin D report. For those of you who are told by MDs that you do not need Vitamin D supplement, it is important for you to watch it.

Since it is the beginning of a quarter, I have a lot of paperwork to catch up on. This is also the tax filing season for Canadians. Getting all these accounting work done and then I will be able to relax, say, for an afternoon, before getting back to work on other pressing tasks.

Have a great weekend all!

TLC Weekly Update March 5, 2021

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This week the stock markets worldwide zoom in to just one thing – the spike in US T-notes yield rate. It dropped a bit below 1.5%, we got that Monday mega rally. The next day it edged higher to 1.5% again, Nasdaq 100 higher flyers all hammered. And then yesterday Powell said nothing to calm people down, next thing we know yield just spike through the roof and collapsed S&P back below year 2020 close. Watching the markets move feels like watching a drunk doing all sorts of crazy things.

Got to wonder by next Friday will the markets remember what happened this week.

I watched a video about Turkey’s real estate trouble. The trouble there looks to me already happening everywhere else. Real estate investors should pay attention about this.

I came across this video recommended to me by a friend on tendon training. He is so surprised that what is said in the video confirms what I told him decades ago that the classic martial art training if done correctly it does not focus on training your muscles but your tendons. Sometimes it is important to not slap the words of “not scientific” on things you do not understand. I have seen first hand how one of these very old master martial artists with a thin and flimsy frame who can punch lightly and destroy a concrete wall …

No magic. No tricks. Pure hard work over several decades.

And obviously his disciples could not achieve the same level of power due to “demand of modern life”.

Jordan Peterson’s new book Beyond 12 Rules for Life is just released. Accompanying that, of course, are internet media exposure in place of the old world book tour. One of the conversations that stands out and worth watching the whole thing is the one Peterson did with Tom Bilyeu. The conversation leads to interesting explanation by Peterson on several psychology concepts that would take years to learn. Be warned – it is two hours long.

I am extremely busy working on multiple fronts and that stalled my effort on producing videos / short lectures for my trading courses. I can foresee that by end of March my marathon push to setup my prop trading firm will reach the milestone of completing the work on laying out the foundation. There will be few mundane tasks left and back to a more regular schedule to focus on research and development. I will then be able to pick up from where I left off on producing the videos.

Have a great weekend all!

TLC Weekly Update February 26, 2021

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This is last trading week of February. Many people are wondering why the sudden selloff in Nasdaq 100 big techs while the know nothing media b.s. all the way from blaming this on the Robinhood crowd to mythical creatures manipulating the markets. Gee, I told my premium members in the February newsletter than last week of February has a seasonal correction coming.

I am not using esoteric analysis whatsoever. It is the fact that the big caps all have such a spectacular rally last year majority of the longer term players have not unloaded their stocks. And people has to book at least partial profit to utilize their tax break this year. Nothing voodoo, just common sense.

But telling people there is nothing special can’t attract clicks, likes and viewership … I get that.

I have a very busy week all week dealing with technical issues as I am testing one trading account with a new brokerage connection. Encountered all kinds of odd issues and have to solve them one by one. Anyhow I think I have done everything necessary to ensure the smooth transition of my main trading account over to the new routing path. Will see what happen next week.

I am not a big fan of going to the theatre to watch the latest movies. However, I came across this article on Zack Snyder’s new director’s cut of the movie Justice League and stirred huge interest in me. The theatre release was like 2 hours while the upcoming director’s cut will be 4 hours is already fascinating enough for me to squeeze time out to watch it in the future …

For those of you who are interested in marble machines (or that you just want to kill some time) you may like to watch this video of having 1000 marbles run thru this machine.

I was in the market for a air purifier lately and did some research before I made my final decision. I need the purifier to ensure the room that I have my computers would be near dust free. It is very hard to do that in Canada effectively. I am very glad I found this video reviewing the common air purifiers available on the market here in North America. If not for this video, I would make a very bad choice choosing the machine that I thought to be the best and it would make me very miserable.

The lockdown in my area is relaxed since the beginning of the week but somehow I do not see much changes so far even though restaurants are now open for dining indoors with limited capacity. The places with most number of people going to are, not surprisingly, Home Depot and Canadian Tire, the home improvement and maintenance stores. Looks like the trend for people to work from home is definitely going to stay.

Back to work on other projects.

Have a great weekend all!