Statistical jackass of the month nominations
At some point, this will contain a form for nominating statistical jackasses for the prestigious “Locklin on science statistical jackass of the month” prize. Until I figure out how to do that, feel free to nominate deserving foolios in the comments section of this page.
http://www.pkp.in/publicdrive/publicdrive/Encyclopedia%20of%20Trading%20Strategies.pdf
Please see page 201 in the above link (Handbook of Trading Strategies), for the (I shit you not) 6 page discussion of Solar Activity and Trading. Yes, I know the book is old, but it takes this stuff way too seriously for me not to mention it. A sample from the study’s”conclusions, ” as presented below:
WHAT HAVE WE LEARNED?
. Lunar and solar phenomena may have real impact on commodities markets.
In the case of solar phenomena, such impact on the S&P 500 has
been conhrmed. With lunar phenomena, there is more inconsistency in
the results, but influence is clearly detectable.
n The phenomena are probably worth including in a more elaborate trading
model, e.g., as inputs to a neural network.
n Models that capture such influences almost
If the sun were to explode that would impact on commodities markets. Also, i the moon crashed into Wall Street that would, by definition, impact on a commodity market.