/biz/ - Business & Finance

bynd +8 i think small retail clueless shorters really in trouble with this one prolly lost their shirts already. gold for gamblers could offer first short spot now and likely to trail stocks with yuuge correlation

crazy times are back at least for now at /biz/ lots of crypto shitcoin shilling going on and all kinds of worst human beings crawling from their holes back to the crazy market :)) all it took was 30% pump :)

possibility of slight pull back after buying panic yesterday

probably not bad spot for longs profit taking nao

>>12360875
if your portfolio had 100 stocks it's not very "passive" money anymore it takes lot of work, you will have fusions, splits, bankrupts etc. lots of paperwork just being a shareholder

>>12338306
this is total false. markets volume is 95% algo driven. the edge is math, no human emotion is obstacle only retail who do not use algos or have quantative systems (thus they cant have real edge anyhow) they play on random strategies that have no proven track records and backtests done by professionals without curve fitting etc

us markets are getting used to rates raising. times have arrived now when not raising rates is a negative instead, carry trades begin!

For example, 438 stocks among the 2,051 or so stocks traded on the New York Stock Exchange (NYSE) have plunged between 40% and 94% from their 52-week highs.

Some stock pickers feeling the pain! Extraordinary Faang scheme leveling off it's good for markets go get rid of those few overpriced techs

Ofcourse rising dollar destroy commodoties that are priced in dollars, wti especially rised "surprisingly" long against constantly rising dollar. fed hikes for december and q1 2019 are nearly guaranteed and they will likely continue rising rates looong time more

Dow and Sp down 10%. This been a huge sell off. First dip buying opportunity now, if blood bath continues this week, even better. Then if drops 10-15% furthers which is unlikely, second barrel comes and you should be a near bottom buyer.

Even 2008 Dow-tr dropped monthly level only ~37% and that was way worse scenario than now.

To drop below 50% and keep there you basically need to wipe out all large US banks like 1929 and at that point buying the dio 10% too early is last thing on peoples mind as whole society would collapse.

In general, finance and banking is not doing too well currently. Everybody is laying off staff at record numbers. In europe some banks might go bankrupt even

https://nypost.com/2018/05/23/deutsche-bank-reportedly-set-to-lay-off-10000-workers/

>>10858313
shortin market long term is a bad bet, especially when rates are this low and pension funds etc. buybacks have no choise than buy s&p. some exceptional traders might be be able to do succesfully very short term shorting but usually it is better just not be long, not short if you have idea market going down

>>10082302
most stock market moves are overnight not intraday and single day intraday moves are purely random for s&p and forex

TV stoplosses without proper coding gives you a flase backtesting results. And secondly if a strateg closes each position on next candle on backteset it is not a tradeable strategy

Was it last month Sir Mcafee announced btc would reach 14k by mid june, i told that was laughable idea. We are currently trading at 6400. This is the basic level of boomers and their trading experience I guess

if oil trades under $60 with a downfall there will be a panic all around again cause they will think it will hit 25 again. middle east, russia and canada all too dependant on wti price

A rate hike, excellent news for dow

nasdaq thinly shy from ath daily close. sp500 another good day, firming up :)

>>8763784
Cayman is a proper sports car, have you test driven it? You'll sit ass to the ground so snowy winter no fun

>>8765385
Porsches have very high resale value. Maintenance can be costly

The nature of RSI indicator is that it is very short term, max few days indicator. Not long term indicator, which we can easily see at backtest results with pretty much any asset class. If anything long term RSI overbought means uptrend continuement and oversold means bear market

>>8572861
historically 33% has never happened you are right

at 4-5x leverage drag will be too much to handle for holding

Most of european stoxx are super crappy cause european economy is in a bad shape exept germany. Also dax includes dividends, cac, ftse and ibex do not. So basically dax is a total return index

A good buying opportunity once again, in case you haven't bought in more regularly since 2010 ;)

https://www.tradingview.com/u/HPotter/#published-scripts

In case for interest heres "bunch" of free indicators (with script version of all of them too for backtesting) for tradingview, most are from investing magazines past 2 decades