Market Structure Insights
May 4, 2010
In Denver we get sun, rain, snow, sleet, hail. And then comes the next day. Today, a clear, bright and breezy 75 degrees Fahrenheit, photographers out snapping chamber of commerce pictures, the power goes out. It’s put us behind schedule. Speaking of power outages, starting...
April 27, 2010
Loveland Ski Resort an hour up I-70 from downtown Denver logged 26 inches of snow in the past five days. We’ve had to cover patio plants the past two nights as temperatures dipped to 30. It’s bright and clear. But winter has had a hard...
April 20, 2010
We hope none of you are marooned in Europe by volcanic ash. If you are, we’ll try to keep your minds off the extra money you’re spending with the shocking suggestion that markets writhed last week not for Goldman Sachs but for expirations. The SEC...
April 14, 2010
Spring finally tossed its verdant cape over the Denver Front Range. We saw it firsthand on our bikes from Sedalia to Palmer Lake last weekend, our first 40-plus miler of the year. It’s been too cold! We know you Californians among us are already past...
April 7, 2010
Sorry we’re late this week! We’re in Las Vegas and the Market Structure Map wanted to stay in Vegas, apparently. Program trading jumped about 10% in the first few trading days of April, compared to March. We define program trades as mathematical execution in more...
March 30, 2010
Show me examples. When I was a fresh-faced goofy college kid, my Logic professor, who was Greek and credible with his Hellenic accent, would say that a thing was theory only until you provided examples in the real world. We hear that notion regularly. “So...