“The dog sends Easter greetings to everyone!”
Over in the “Download Links” section of the blog, in the right-hand column,
I’ve updated 3 important files; 1) PAMM results updated for Q1 2018 [JAN-
MCH], 2) “The Crazy Eights” Volatility Summary Table for Q1 2018, and
3) the raw components data for “The Crazy Eights” Volatility Summary
Table, from which the data is derived.
There is also a new data set, that going forward will be updated at the end of
every month, and that is the "Benchmark Returns Index 2018". This table is a
comparison return analysis of passive investment returns in the major world
stock indices, along with gold, versus the PAMM. At present, there are over $3
trillion dollars in index funds & various ETF’s (Exchange Traded Funds) &
ETN’s (Exchange Traded Notes) offered throughout the world, that simply
“mirror” world stock indices and gold through securitization into an
investment derivative. In theory, this allows people the ability to own a major
index, and thus diversify a small investment portfolio … however, the fees &
commissions are high, the liquidity terrible in a falling market, and you still
have as much exposure to large losses as you would if you owned the stocks
themselves.
My point in having this table is to give readers the opportunity, at a glance, to
view “what’s out there” versus an investment in the PAMM. “And as I have
stated on more than one occasion, over time of months and years, the PAMM
will beat the living SNOT out of anything these passive ETF’s and/or ETN’s
might return for you, without the risk of overnight and weekend exposure, which
is “bigly & yuge”, all the while minimizing risk … try getting out of an SP500
ETF [SPDR] at 2 A.M. in the morning while the market is cratering lower
… good luck”.
In the table, I quote the PAMM in terms of an “NAV” [Net Asset Value];
basically, I take the AUM [assets under management] at the start of the month
on the first day before trading, and divide that into the P/L for the month. So,
every dollar any client has in the PAMM, will be very close to the NAV
multiplied times their dollar investment. In any event, you can quickly and
easily see how the PAMM stacked up against the CAC40 in France, or the
FTSE100 in the U.K., or simply measure it against the U.S. indices. All told,
there are 11 world stock indices plus the price of spot gold that are measured
on a price and percentage basis; all 11 of these indices plus gold have ETF’s
and/or ETN’s that are traded worldwide.
And while my universe of tradeable derivatives encompass the components of
“The Crazy Eights”, my priorities for the PAMM are first the DOW30, second
the SP500 if spread conditions make the DOW30 unfavorable, and
3) EURUSD … it’s gonna take a lot to get me away from these three.
Really, my focus here in providing this data to readers is to give you valuable
trading information … info that is tough to impossible to find any other place
outside the TBTF banks, which aren’t gonna make it available to you cuz you
don’t have enough money to interest them … sorry, that’s “life in the big city”.
PAMM’s and/or MAMM’s [same thing with different software names], are a
relatively new investment phenomena in the scheme of things; it’s only been
about a year, though, that trading conditions in the stock indices have made
them viable trading instruments … prior to a year ago, it was common for
DOW30 trades to be quoted with somewhere between 3 and 6 index points,
and for the SP500 to be quoted with 0.8 - 2.0 index points, and that’s before
the RT commissions … “who the hell is gonna trade that inside a PAMM for
clients, and expect any kind of profitable return? … I would definitely view any
money manager’s intentions with suspicion, if he/she decided that was agreeable,
when it clearly is not in any client’s financial interest”.
In many respects, the PAMM is simply another ETF and/or ETN, but it is
many times more transparent, cheaper in terms of fees, and is more liquid.
The only thing the PAMM won’t give you, but they will, is “negative risk
exposure overnight or over a weekend”.
In any event, enjoy the data, and if any of you have questions/comments, email
personal response.
Have a great rest of your weekend everybody!
-vegas
OUR TURNKEY FOREX “PAMM/MAM” IS NOW OPEN AND
OPERATIONAL; SEE “PAMM/MAM MONEY PROGRAM” IN
“DOWNLOAD LINKS” SECTION IN RIGHT HAND COLUMN
FOR DETAILS [VIEW ONLINE AND/OR DOWNLOAD] AND
START YOUR JOURNEY FROM WHERE YOU ARE AT TO
“ESCAPE TO SUCCESS”!
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