Market Structure EDGE ™ Trading Decision Support

  • Fama Market
    by Tim Quast on April 7, 2021 at 12:30 pm

    http://modernir.com/wp-content/uploads/2021/04/MSM040721.mp3 Eugene Fama, Booth School, Univ of Chicago   Do you know traders could have made 580% in the S&P 500 the past 200 days? Public companies, your stock need not rise.  I’ll explain. The S&P 500 is up almost 20% the last six months. The math says 454 of the 500 are up. That The post Fama Market appeared first on Market Structure EDGE ™.

  • Suez on Wall
    by Tim Quast on March 31, 2021 at 12:30 pm

    The stuff Archegos used expires today. Sound like Greek? Courtesy SEC.gov Let me explain. A hedge fund blew up. Its counterparties are taking huge hits. There are ramifications. What happens?  Maybe nothing. Maybe everything. First, let’s understand “counterparty.”  A counterparty accepts the risk of the opposite of your desired trade. That is, if you want The post Suez on Wall appeared first on Market Structure EDGE ™.

  • Cash in Lieu
    by Tim Quast on March 24, 2021 at 12:30 pm

    Public companies and investors, is the Federal Reserve using cash to hurt you? What?  Quast, don’t you mean they’re inflating stocks? To a point, yes. And then history kicks in. There’s no such thing as “multiple expansion,” the explanation offered for why stocks with no increase in earnings cost more.  If you’re paying more for The post Cash in Lieu appeared first on Market Structure EDGE ™.

  • March 17: The machination of machines!
    by Tim Quast on March 17, 2021 at 12:30 pm

    Couldn’t blame you if you missed it.   For many, these past few weeks and the ones coming up are the busiest on the IR calendar. Board presentations, ASMs, virtual analyst conferences and investor days. You just finish year-end events and Q1 reporting is rushing at you.   Maybe you missed last week’s Market Structure The post March 17: The machination of machines! appeared first on Market Structure EDGE ™.

  • Reg Efdy and Thee
    by Tim Quast on March 10, 2021 at 1:30 pm

    http://modernir.com/wp-content/uploads/2021/03/MSM031021.mp3 The Securities and Exchange Commission is in danger of becoming the Dept of Silly Walks. Let me explain why I’m calling the SEC Monty Python. And it matters to you, public companies and investors. Speaking of disclosure: I’m on the NIRI National Ethics Council, and we’re debating this matter.  What I’m saying here is, The post Reg Efdy and Thee appeared first on Market Structure EDGE ™.

  • The Missing Wall
    by Tim Quast on March 3, 2021 at 1:30 pm

    If your house was missing a wall, would you worry whether the front door was locked? Well, the stock market is missing a wall.  And yes, the image here is not a missing wall but the walls you can ski at Steamboat. To our story, investors and public companies need to understand what it means The post The Missing Wall appeared first on Market Structure EDGE ™.

  • Maxine Waters
    by Tim Quast on February 24, 2021 at 1:30 pm

    I knew it would come to this. Rep. Maxine Waters would be on CNBC talking about market structure. Last week during options expirations, Congress paraded supposed culprits in the Great Gamestop Mania before itself.  And it wasn’t about financial misdeeds, somebody leading shareholders astray. No, it was about MARKET STRUCTURE. What’s market structure?  The behavior of The post Maxine Waters appeared first on Market Structure EDGE ™.

  • Big Cheese Grater
    by Tim Quast on February 17, 2021 at 1:30 pm

    Good offense beats good defense. These five words are the heartbeat of the Saban Dynasty in football at Alabama – and the reason for the Gamestop trade in the stock market. Promise, this piece isn’t about sports. It’s about how retail traders killed institutions. It takes some history. Go back to 1995, and the spread The post Big Cheese Grater appeared first on Market Structure EDGE ™.

  • Metastable
    by Tim Quast on February 10, 2021 at 1:30 pm

    http://modernir.com/wp-content/uploads/2021/02/MSM021021.mp3 Editorial Note:  A giant thank you to Client Services Director Perry Grueber for penning last week’s Map.  He’ll be back regularly, by popular demand. This week you’re stuck again with me. -TQ Something is worth what another is willing to pay for it. That’s the lesson of the maelstrom in financial markets, from wood The post Metastable appeared first on Market Structure EDGE ™.