Hey @LumberTrading do you know why this happens?
Show this thread
Since lumber is in the news, seems like a good time to revisit one of my favorite trading anomalies -- front month lumber futures returns by day of week.pic.twitter.com/SMrBU50voy
-
-
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
This Tweet is unavailable.
-
Yeah, ~200 lots traded daily and top of book bid/offer of 40+ bps
- Show replies
-
-
-
Thin doesn’t even begin to describe the nightmare that is the lumber futures market.
-
tell more!
- Show replies
New conversation -
-
-
Wait what the heck
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
Going risk off by only coming into work on wednesday
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
This Tweet is unavailable.
-
Um I can’t really do that, but essentially I made a Tx5 matrix of 0/1 where each column has 1s for a particular day of the week, multiplied by a Tx1 column of daily returns, and plotted the cumulative sum.
- Show replies
-
-
-
You gotta see this
@ag_trader -
Yep saw this earlier... Tuesdays continue to be bad.
End of conversation
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.