quants (algos) lost to humans this year ...

 Bill Ackman has one of his best years making 70% this year.

one year anniversary of Wuhan virus ...

 it was found in a Wuhan hospital exactly one year ago ..!

Thai green curry ...

                                                     a new addition to TheVIP's kitchen ...

                                                          Thai Green curry with noodles

Merry Christmas ...!

today i completed the v5.5 of my thesis along with MMv5 (5th ver of my mental model) .. an year long journey for v5, which started on Maha-Sankranti day, where corona was a boom for me as it gave me reason to say at home, while working on it non-stop;  & with that even my stars get senti with me, as here is my horoscope of the day ...

You're in a sentimental, nostalgic frame of mind, and you're far more interested in thinking about good times from the past than in looking toward the future. The good news is that you can only make the future positive by building on the past, so even if you've resolved to forget it all, the best will stay with you. Don't hesitate to pull out those scrapbooks and photo albums. If anyone can make the best of it all, it's you.

having gone though 5 beginnings & ends over last decade, and the last 3 versions in last 3 years, thinking that each of them is definitely my last .. i am not looking forward to the next (6th) anytime soon ... because each version means shredding what i know in previous ones, & starting all over again, although i leverage pieces from them .. & with

Welcome 2021 ..!

is this market hooked up to stimulus, reliefs & buybacks ..?

 i think so & that's called addiction.

LEI still +ve & continues to go up

TSLA going into S&P at 668, after a 500% rise YTD .. ridiculous for S&P; so most of of you who have S&P500 in your 401K will be buying TSLA today .. of course, indirectly.

plus, its a quad witching day..!

at the expense of dollar ...

bitcoin $23,000

gold $1,900

silver $26 

which side of the trade are you ..?

IJC in opposite direction, but CJC stays at 5M

again, traders feel good about higher IJC which means better chances of stimulus; $1Tin economy is a big deal against any level of claims .. weird thinking ..!

Housing came with strong starts

contradictory Fed ...

per FOMC minutes this afternoon, Feds decided to keep the rates unchanged which was expected, but they also expect a higher growth rate for 2021 as 4.2% .. a contradiction in itself ... but market always does the right thing; so, teenies jumped from .91 to .95, but returned back to .92 after the Q&A session.

yes, we all are looking forward for a spring opening of the economy, but with so much money supply & stimulus floating around, it could easily turn into untamed inflation, followed by Fed chasing with raising rates, and market dropping big time, as money supply is reduced and S&P not meeting earnings expectations .. but that's lot many predictions in one sentence .. so take it with grain of salt.

RS down - & take teenies with them but markets is holding up

although retail sales came down this morning & so do teenies from .95 to .91 but market is happy & so holding well, thinking that it increases the odds of getting the stimulus sooner.

weird human behavior ..!

first covid vaccine arrives ...

 & administered in NY

black & white .. of nuts

                                               

 

a product of TheVIP's kitchen

first TSLA and now ORCL ...

& banks are leaving NY to FL ..  high tax states need to tighten the budgets .. ow, there won't be many companies staying with them ...

humans drift from high taxes to low taxes .. its the law of nature

human thinking is limited to the language and words used

a human mind's capability of thinking is limited by the words your know; words that describe pre- existing concepts thoughts & ideas ...

the words you know are based on the language you use; for example, if you know two languages as Hindi and English vs one, your mind capability becomes much bigger ... e.g. if you specify pooja, archana, havan, etc .. these words only have meaning in Hindi although can be translated into English

moreover, words like Yoga and Karma which come from Sanskrit and used throughout the world; but only a handful understand their true meaning, as they don't come from their native language ...

 in parallel, when you study physics & mathematics along with economics in any language, you vocabulary or mind capacity becomes larger because of a new domain.

finally, the words in each language can only be derived using the combination of letters; & in that context, Hindi as 52 letters, twice than English, which has 26 .. imagine how many more words you can have based on permutations

& Sanskrit has more letters than Hindi .. think about it ..!

DOORDASH and AIRBNB IPOs

why do the cooking when there is more money in delivery ... as in doordash ? 

         mkt cap $57B compared to Chipotle at $37B & Dominos pizza $15B

why own a property when there is more money in renting it on-line as in airbnb ?

        offering mkt cap $47B; EOD $100B

IJC 837K ...

IJC higher than last week.

CJC higher too.

CPI normal.

states, FTC file anti-trust suites against FB ...

 market drop 1.5 % due to among other thing, including holdup on stimulus, & hitting a hefty target 3700 YD

S&P up 38% since begin of Nov ...!

first vaccine shot in UK orovides boost to US markets

both NY & CA will have difficulty holding companies to pay high state taxes

Dil-li ki matar chaat .. a new addition to TheVIP's kitchen

                                                         from my childhood memory

 

S&P500 touches 3700

way higher that anyone predicted at the BOY, despite going through Corona

so much is the power of human prediction.

NFP 245K

lowest in recovery phase, & along with the labor participation rate dropped, as some folks have stopped looking

IJC down, still in 700K range

ADP 307K; lower than expected

 yields going higher .. vaccines in sight

teenies from 0.835 to 0.925 today

 although a small difference point wise, but its 10% in a day ..!