Yeah except I’m half and half. I came from wall street into big tech.
I spent the better part of a decade building businesses from the ground up in the financial sector and doing market analysis and business modeling etc...
I know how to speak to executives because I mostly worked directly with the C suites at institutional banks and financial firms like Morgan Stanley, Wells Fargo, UBS, TD, Schwab and thousands of broker dealers, RIA, and fund management companies.
I absolutely speak their language and know how to sell to them. The issue is that they’re dinosaurs, and they still think it’s 1960 when it comes to how inter-offices operate. They’re too busy worrying about losing their tax abatements due to no one adhere to RTO to care about making process changes.
Also most of them are nearing retirement and they’re not willing to put their career capital on the line to start a big project when they know they’ll be out in the next 5 years.
Because we’re going to:
A) Buy puts at the top
B) Buy calls at the bottom
C) Buy some idiot’s foreclosed house for pennies on the dollar
D) Profit
Any questions?
Seriously though - things may change eventually but I seen the forest for trees after the first woman; working men have no parental rights and deadbeat women are supported by government programs and working men's child support. Once they get caught in that, there's absolutely no chance they can afford rent, gas, insurance let alone food or a savings account - slavery C/O The United States Government.
Should have invested the 20k in something so your kids will have a little extra some day because they'll never see a dime of the "child support".
This is exactly what I'm going through right now and why I got into the stock market.
Hopefully someday things change on that front - I'll be advocating with Kerri Kasem and Kasem Cares until the day it does.
*DON'T CARE ABOUT YOU PATHETIC LITTLE DOWN-VOTES - YOU'D HAVE TO BE A COMPLETE LOSER TO IGNORE AND GO AGAINST SOCIETAL ISSUES THAT MUTILATE CHILD PSYCHOLOGY.
TL;DR
1) There's quite large divergence present when theoretically they tend to move together b/c both are risk on/off instruments
2) Selling NDX and buying GBPJPY will get you positive daily rollover while waiting for them to converge (most important point!)
3) GBPJPY b/c it has higher carry than EUR and i believe it's longer term value is in deeper discount compared to EUR. I wouldn't trade USDJPY b/c i believe USD will drop the next 12 months.