It’s Monday so it’s time again to take a look at the statistics for week #42. By the way last week did end up in the plus but barely so, and it took the long way to get there. So pretty much what we anticipated based on the historical stats. Now let’s see if we’re in for a smoother ride this week:
Even a cursory glance at the recent price gyrations in equities is sufficient to make one want to pick up a new hobby or mistress. However it bodes repeating that statistically the worst period of the year is now behind us with much seasonal bullish bias ahead until late spring of next year. Which of course doesn’t mean we’re all in the clear just yet.
I am feeling a bit rough around the edges this morning after spending most of my weekend migrating Evil Speculator from cPanel to DirectAdmin. The reason as to why this was done in the first place was not technical in nature as there truly wasn’t a need. Rather it was as a gesture to the new management at cPanel after they decided to massively raise their server licensing cost, thus throwing the entire web hosting industry into turmoil. Of course as always, no good deed remains unpunished.
We should probably preserve our final judgment until today’s close but I at this point I believe it’s fair to say that we most likely are looking at an outlier for week #40. Per the histogram, the SKEW, and standard deviation charts I posted on Monday we knew that there was a possibility for fireworks which made it possible for us to hedge ourselves appropriately.