Phantom Regulators And The Appearance Of Due Diligence

The HFT Stock Price Formula

Below is the SEC-CFTC Flash Crash report which revolved around the e-mini contracts for the S&P 500.  We highlight equities and ETF's when releasing information about HFT dislocations.  So CC feels it would be educational for those readers who do not trade to review the SEC-CFTC release then read the embedded document after it regarding the new "Stock Price Formula For High Frequency Trading, Bubble And Crashes".  Sounds wicked cool and solid right?  I'll go through it and post my thoughts in the near future. 

Calculating The Present Value of Discounted Cash Flows to My Vagina

The following piece is a great write up on the current debate about women, healthcare, and who should pay for what.  It is a continuing trend today that media and opinionated talking heads ramble off the costs for this and that in a way to make viewers sympathize and thus desire to subsidize a women's vagina.  Apparently as society moves forward (or backwards, which is debatable but I digress) the cost of regular vaginal maintenance increases and this is what makes women more special today than men.  See in finance, we don't run on emotion, at least the ones who are successful enough to make it on their own.  So when someone like Tracie Morrissey puts together an annual cost of a women's ovaries, usually the mathematically inclined and quick witted will call them out, as finemrespice.com did.  We live in a world where everyone tries to go to their doctor and everyone expects someone to pay their bills.  Its really quiet simple: if you're a women and you need various female products, make sure you prepare yourself well enough in life that you can afford them.  If the costs are too high for your female products, consider where else you can save money.  Do you NEED to go to the bar?  Do you NEED your hair dyed every month?  Do you NEED a new dress for every occasion?  Do you NEED a Coach purse?  It's a world where not many people actually think, they just do.  Enjoy this piece from one of the few that do think.

AMLN News Bot Event

April 5th at 15:52:00 News came through about Bristol-Myers still desiring to buy Amylin in light of AMLN rejection of Bristol's $22/share offer.  Carl Icahn urged Amylin to pursue a sale. 

Market Surgery

USO was hit at 10:30, coinciding with the destruction taking place in the crude complex.

Cable Boom And HFT Exponential Leap in Manipulation

I was talking with a research fellow from Casey Research and realized the power of metaphors when discussing bad algorithms and the way they are designed to trip traders and market participants.  

When my girlfriend and I want to go out at night she sometimes has trouble making up her mind.  This leads her to genuinely ask to change plans, maybe invite more friends to dinner, maybe change our dinner time, etc.  When this happens I'm ok with it.  Once she begins doing this as a means to trick me and game me so she can get exactly what she wants, I get frustrated.  That's Quote Fluttering.  Changing and tricking the opposition.  Here's an example of KORS stock on Valentines day this year:

Monday April 2 Links