/biz/ - Business & Finance

>>9639919
Watching BTC crash and burn.

Futures mooning
Nikkei probably the same soon

>>9639940
Futures are not "mooning", they're tepid, at best. Mooning is not .3%, dummy.

Besides, the market is all over the place right now, it can start green, and shit the bed by the end bell. Trying to predict anything right now is about as pointless as doing TA on bitcoin.

>>9639995
sorry you missed the gain train bro

>>9639919
Finished charting, want to trade.

>>9639924
Kek. This. I might buy if it hits 6k.

>>9639919
>How are you spending your time /smg/?
Still working on my ML model. Found a good reading source -- financial-hacker.com

>>9639919
AMD overshot, back down to 12. Maybe see a run-up back to 14 by earnings after correction.

I'm really interested in how this bonds market is going to play out.
Italy is sending US treasuries up on a run.
https://www.wsj.com/articles/hedge-funds-raise-bets-against-italy-bond-yields-soar-1527255926
US 10 years are obviously getting overpriced, but I'm wondering how far it can go and if I shorted too soon.
Italy's new government could lead to a Brexit 2.0 situation.
I'm also wondering if my puts on TLT have a high enough IV that I won't make any money, like with SDRL.

>>9640249
14 this week.

correction starting to slow down, dow and sp500 might just starting to catch nasdaq and russel 2000

Reminder that there are seven (7) trading days left until the Canadian senate votes to legalize recreational marijuana.

>>9640434
It will be delayed, Conservatives get into power and nix it. Game over.

>>9640443
Not with this much cash on the table. Also not with majority public sentiment saying legalize that shit.

Anyone recommend some good reading material for getting into stock trading?

>>9640434
they be grow they own seed

>>9640434

By the way, short positions against the sector are approaching/may have exceeded previous all time high. If senate behaves as expected the squeeze will be monstrous. Last time shorts were near this level in December 2017, the whole sector doubled.

>>9640500
One of the other tripfags/namefags has a thread full of reading materials over on 8ch.
There's a few things in the OP and Martin Shkreli has some good YouTube videos.
I honestly think the best way to get started is skipping papertrading and going right for the real thing with Robinhood (if you're in US), and just put in money that you are perfectly comfortable with losing.
I started with just 500 bucks.

>>9640522
That's some good info.
That's fucking ripe for a squeeze.
If you go through indicidual companies, the highest number for "days to cover" could be the best indicator for some real gunpowder kegs.
Yahoo finance typically has some pretty good info on short interest.

I'm still alive just haven't been shitposting.

Expecting a green week, with the first two days of the week red. Good luck anons I probably won't shitpost this week as well

Stocks I'm currently in:
SLB - oil industry
FCX - copper
Uniti - REIT high yield dividend
MRVL - superconductors

Nasdaq will open tuesday at 7023 on the mark, I had a vision, screencap it and put it under your mattress

>>9640599
Thanks for checking in, senpai <3

I want to try dropping 50 euros monthly on stocks as an alternative way to save up. Wondering if it's even worth the effort with such petty sum. While it will add up over the years, I can't diversify early for shit, right?

>>9640737
When I started with 500 USD, I only went in on 80% S&P 500 and 20% pure AMD stock.
There's a fair share of stocks for under 25 USD.
With that little capital, active trading fees / commissions will eat away at your gains as a euroland poster, since you guys don't have Robinhood.

>>9640737
It's a start. Set up an excel/google sheets overview for your investments, update it weekly. It's motivating to see it slowly track up.

Easy to make big % gains when you're first starting out.

>>9640500
https://www.dropbox.com/sh/3y4tx4bssv6zm9v/AAC-o_C-q3jT-0flTFC5o_Lxa?dl=0

memorial day thread theme: https://www.youtube.com/watch?v=9ahVL4u6rmI

>>9640875
>>9640553
Thanks

brb need to brew some coffee
didn't get enough sleep last night

>>9641052
alright

wtf how are futures trading if the market is closed tomorrow????

Someone give me stocks for draw penises on

>>9641660
P.
This shit's going to 0.

>>9641429
tommrow is not today!

>/longweekend/ edition. How are you spending your time /smg/?

lots of iced coffee and DD. It's too fucking hot outside.

>>9641766
Hey, speaking of Tim Horton's, consumer confidence in them here in Canada has dipped this year. Food quality has gone down under the auspices of their foreign parent company (Restaurant Brands International), prices have gone up, franchise owners are pissed about the way parent company is managing things now. Stock has been in bearish pattern since October 2017 falling from a high of $88 down to a low in April of $67. It has recently made a rally back up to $75 but I'm not sure I believe that reversal has long term sustainability. May see about entering short if it pushes in to the $80's again.

>>9641660

MU demands your penises. You're going to draw charts for MU, look into my eyes. Don't turn away.
You will draw charts of MU to guide us from darkness. You're the shepard, don't you see?

MU will deliver us, you will guide us.

>>9640272
Yeah I was looking into puts on TLT, but when I was talking to my dad he said that with interest rates increasing that it would actually be good for bonds. Even long term bonds.
I'll share what my current strategy is; I'm thinking that I'll find some companies with a lot of dept and look into buying puts on a few of them since interest rates are rising. The rising rates paired with a company holding a lot of debt should negatively impact company's evaluation, in time. But I still need to evaluate what choices I have. As long as there's excessive debt that the companies are holding, then it will qualify for consideration. Perhaps Fitbit or GoPro has excessive debt, that would be nice. Thoughts?

>>9641887

It's gone downhill over the years.

I remember when they use to trade with their own ticker. I was a holder before the buyout, it was a nice spike.

is it a good idea to inform your dad to invest some of his money?

>>9641710
It look like about(tm) moon hard actually
If it can stay above 6.87

thread theme

https://www.youtube.com/watch?v=IXzFPl7UdgQ

>>9642032
An blessed am like unto an angel me will send you to deliverance


MU going correct down $54

It's sad how much I anticipate to see /smg threads.

>>9642032

picking some up on the next dip

>>9641660
What do the penises think of this?
>>9641887
Sounds ripe for some penis drawings.

>>9642050
>he said that with interest rates increasing that it would actually be good for bonds. Even long term bonds.
That would make them look more attractive, but I think that couldn't be more wrong.
There's an inverse correlation between bond prices and bond yields -- a bond yields more if it costs less. It's the exact same thing as saying dividends (proportionally, as in, as a percentage yield) are going up; that happens when the stock's price goes down.

>I'll share what my current strategy is; I'm thinking that I'll find some companies with a lot of dept and look into buying puts on a few of them since interest rates are rising. The rising rates paired with a company holding a lot of debt should negatively impact company's evaluation, in time.
Yup. That's actually how that works, I think.
A credit bubble is a common cause of a recession. Thus, when rates went up too high, that caused companies like Wells Fargo, Fannie Mae, Freddie Mac, auto dealers to get fucked hard -- bringing on the last recession.

>But I still need to evaluate what choices I have. As long as there's excessive debt that the companies are holding, then it will qualify for consideration. Perhaps Fitbit or GoPro has excessive debt, that would be nice. Thoughts?
I've profited off shorting Fitbit already.
Those are 2 of the shittiest tech companies in my book (and I love to play tech companies).
This, in addition to speculation that tech is getting overvalued makes those companies at the very minimum a solid hedge against the tech sector facing another correction or even a crash.
I like it.

>>9642134
I heard it only got that high as a result of a short squeeze. The earnings last quarter were a dumpster fire.

>>9642353
Oh, ok. I see what's going on here.
https://en.m.wikipedia.org/wiki/Cassandra

>>9642384
These threads are fucking solid.
Possibly the only corner of /biz/ that isn't just screeching nonsense.
r/wsb is horseshit. Lurked there for months. They made fun of a notorious lolcow that was going long VIX back in the summer/fall. The poor fucker just didn't have a proper strategy for the impending volocaust. Whole subreddit was just a bunch of fucking plebian lemmings. 4chan offers the most forward and honest advice on the internet. Even knowing that Reddit gives shit advice, you can still fuck yourself over. I haven't touched that site in more than 6 months.

>>9642542
>only left 6 months ago
youre late

>>9642324
>1929
Fuck. Kek.

>>9642592
What do you mean?
I didn't have anywhere to discuss this shit after the /rgt/ threads died out around a year ago, and gave r/wsb a try.

>>9642637
>1929
>Fuck. Kek.

Yep. Written pre-crash.

>>9642542
That hole was "whale trench" imo
Sone whale sold bunch P for spot trade, then put money back in P once finished

Apollo is the Antichrist

>>9642845
Before crash EVERYONE became stock operator! From shoe shine boy to musician everyone traded stocks. A hallmark of market crash is trading becomes part of popular culture right b4

>>9642542
>apollo gave her the power of prophesy
>figure of tragedy

is /smg/ just a greek tragedy, and we're leading towards the climax?

>>9642542
Yeah I find some good info here. I know the rules, do the opposite of what /biz/ says but I do the opposite of that. I only lose money when I'm gauging stocktwits for option plays.

>>9642849
I don't think whales don't have that kind of impact when the market cap is over $1B. The market cap changed by at least 25%, which would be a swing in a stake of at least $250M.
The dip and rise of over 25% are almost exactly 6 months apart, so more likely something involving earnings or earnings forecasts.

>>9642888
I think that kind of happened in the .com boom, and resulted in the "new paradigm" meme.

>>9642995
>Automated tea leaf trader ML model soon
>I swer

>>9643004
Stocktwits is almost just as bad as Reddit. They're eternally bullish and will ban you for any dissent.
Makes for a good sentiment gauge, but I wouldn't trade off it as a human, maybe use it as input somewhere tho.
I don't think you have to be as careful with "do the opposite of what /biz/ says in /smg/. Still take everything with a grain of salt, but a few posters are pretty knowledgeable and high quality.

Good morning /smg/.
I think I'm gonna take part in an ICO, company is Kalray, they make AI-based CPUs and controllers.
pic kinda related

>>9643346
Rock on.

>>9641660
DRUS and HMNY

>>9643346
Sounds gay desu

>>9643346
Enjoy being poor

>>9643711
This, but unironically

>>9643733
I would say that the only sensible bet on crypto is that it somehow behaves like old days' gold (universally accepted, unfalsifiable and decentralized). Today's gold is manipulated and heavily controlled by government (eg. good luck trying to leave a country with a sizable amount of physical gold or lel paper gold)

It may or may not happen and the story is still unraveling.

And I also think the only crypto worth a damn is BTC because it doesn't aim at being "useful" or anything else. It just wants to be a crypto and internet meme money.

Plus, although there is an official team behind it the Bitcoin name (btw don't trust what they say or do because they are actual people, they surely have an interest and can't be trusted), the core chain is more or less on its own and its existence cannot be backed by anyone.

Also 2 scoops, shouldn't you be sleeping ?

>>9643920
>I also think the only crypto worth a damn is BTC because it doesn't aim at being "useful" or anything else
wew lad top tier investor

>>9643946
if it doesn't aim to do anything, investors can't be spooked when it fails.
Though they're advertising lightning a bit too much for that. good for investors though, the team says "uhh maybe a few decades and it will be ready"

>>9643920
I agree. BTC is the only crypto worth anything, and most blockchain tech is purely hot air.
I won't trust any of that shit about blockchain being innovative and Bitcoin not being the real innovation here until I see an application of it that doesn't have a currency component.
>Shouldn't you be sleeping
Yes, but that's not my lifestyle.

>>9643552
>>9643711
I checked, the company is a former start-up from my own company. Patents they base themselves on seem solid. Anyway gonna put half of a salary in it.

>>9644023
My thoughts are, if something is useful, then it WILL someday be obsolete and replaced.

Let's stop the discussion about shitcoins and exit scams as it is a stock market related thread.

>>9643946
Try using the platform behind one of the ones that claims to do something meaningful.
Protip: you can't.
I saw Lisk, and was like "oh shit. you know, the alt-right could really benefit from one of those server-less, distributed, robust servers... And Cheese Pizza distribution too."
Then, I tried looking into how the fuck to run a website off of it. Guess what? You can't. It was giant fucking meme.
All those shitcoins are giant fucking memes.

>>9644094
>Let's stop the discussion about shitcoins and exit scams as it is a stock market related thread.
Good call.
The ICO shill almost gave me AIDS.

I think my next shot at this ML model will use much more fundamental analysis and a much longer time span.
I think this will reduce my need to use tons of indicators, feature engineering, and improve accuracy.
I keep getting carried away with the reading part, distracting me from the doing part.
On the bright side, it has helped me find and make my expectations more realistic, in that an 80% accuracy is supposedly irreproducibly good.

>>9644124
I find that in finance only practice matters.
You are right when you make money.

I gonna finish my school application papers and then do DD on some meme stocks

(also long ROAD, their ER is on 6/4 BMO)

>>9642353
doubtful. way too much good shit going on with MU for it to pull back that far.

65-70 run up to earnings on the 20th then, and only then we will see a sell off which might throw us under 60 for a few weeks. I think at worst we hover between 60-63 and pull back to 58ish.

>>9644171
Godspeed, anon.


>>9644184
>doubtful. way too much good shit going on with MU for it to pull back that far.
>>9642542
>Cassandra
I was totally kidding about that comment, but don't put all your eggs in one basket

I can't wait to trade, desu sempai. Waiting for Tuesday patiently.

>>9644502
I wish I had a long weekend. Had one last week but it wasn't enough.

>>9644797
I'm not ready to be a contributing member of society yet :(

>>9644986
It's still better than being a student, for sure, but I actually miss summer break a lot.

>>9645009
I usually interned over summer break or had some kind of summer job.
Winter break or spring break were alright.
I think the internships were a little less stressful than full-time employment

>>9645044
I interned on the summers for the last 2 years of eng school, but still it was a break compared to the school itself.
Gonna take 3 weeks of vacations in august I think.

>>9644095
While I agree that most of this space is full of ponzi memes, there are some legit use cases of the tech that could also be good investments, i.e. securitized tokens.

>>9640737
I've been thinking the same, this is why i'm lurking /biz/, I can set aside 50 euro each month, but I am yet to take the step as the sum seems too insignificant for me

>>9645158
Once again, the tech is useful and can have value
The token is worthless even if it is essential in the working process

Imagine a bigger company buying out the tech. What of the token you are holding ? Wouldn't the big company create a new token solely for the internal use of their system ?

>>9645158
I truly have yet to see a single legitimate, working use case for the tech aside from Bitcoin.
And, it's so bad that I don't even want to look into any of the projects out there anymore.
Also, this is a stocks thread.
Let's talk about stocks, and not shill shitcoins.

Aren't SPY/SPX futures up today? Any updates on the bond situation?

>market opens
>insta JUSTed

Who here waiting for it?

>>9645437
I would wait for tomorrow to see the trend of the major US indices
I read an interesting article abour USD, EUR and the turkroach situation

As you probably know, Turkey has a debt problem which labeled in USD. And it seems eurobanks (like ahem Deutsche Bank) have been doing borrowing USD and lend it to the turks... And it seems every turkish economic and financial metrics point to a probable default and that will surely trigger some USD short covering

In fact, I am thinking of the possible margin calls for those euro cuck banks... will they have to sell their positions in equity to meet them ?

Is staying in cash and going long JPY and bonds a good idea ?

>HMNY
.20 EOW

>>9645646
A team at my company has developed a blockchain-based product tracking services for agrobusinesses, as far as I know it's what the suits believe the tech is good for.

>>9645899
Meant for
>>9645437

>>9645899
Ok great
But what profits will I have if hold the a token related to this tech ?
Will someone buy this token from me ?

>>9645916
0 profits for you, I fear. It's designed to cut costs and make logistics easier. It's not going to be a public thing.

>>9645944
good
now extend that to many of the shitcoins in existence

>>9645953
I know my friend, I am not shilling crypto here neither. There is usecases for the tech but I don't think alt currencies are a viable one

>>9645976
oh great

>>9645646
>I read an interesting article abour USD, EUR and the turkroach situation
Was it the WSJ or seekingalpha that I posted?

>As you probably know, Turkey has a debt problem which labeled in USD. And it seems eurobanks (like ahem Deutsche Bank) have been doing borrowing USD and lend it to the turks...
I heard that the way that this is working with the Italians is that hedge funds are short Italy, and long German bonds (or possibly US treasuries -- my guess, but the article only said German bonds)
>And it seems every turkish economic and financial metrics point to a probable default and that will surely trigger some USD short covering
I don't believe that anybody is short USD -- I believe that they would actually be long USD relative to Italian and turkey...
A few things to clarify:
1) Is Turkey under the same situation as Italy? That's my assumption right now for the extrapolations that I'm making.
2) By USD, do you mean US treasuries? would shorting USD act the same as shorting US treasuries? I can't into the behavior of actual currencies just yet.

The following is what I've certainly heard:
Italian bonds are being HEAVILY shorted against German bonds.

>In fact, I am thinking of the possible margin calls for those euro cuck banks... will they have to sell their positions in equity to meet them ?
I'm not sure if that's how it works.
Goldman Sachs is an investment bank, so they do equities. But, most banks don't necessarily do equities. I think they normally just use those savings accounts to find loans -- mortgages, auto loans, etc. but don't really use those funds from savings accounts for purchasing equity in corporations.
They might finance the APR / interest on those savings accounts with bonds as well.

>>9645646
>And it seems eurobanks (like ahem Deutsche Bank) have been doing borrowing USD and lend it to the turks... And it seems every turkish economic and financial metrics point to a probable default and that will surely trigger some USD short covering
Also, AAAAAAAAAAAAAAAAAAAAHHHHHHH
I'm shorting US treasuries right now, so (((biased)))
But, assuming USD behavior is roughly US treasuries behavior, or that you meant US treasuries by USD:
TLT is flying up right now, and the last couple days are a RESULT of the Italian bonds meltdown from what I've read.
TLT is going up because people are going long TLT -- long US treasuries and short Italian bonds -- they are shorting Italian bonds relative to US treasuries.
So, TLT shorts are getting squeezed right now over the craze to short Italian bonds

>>9645899
>A team at my company has developed a blockchain-based product tracking services for agrobusinesses, as far as I know it's what the suits believe the tech is good for.
Is that company IBM? lol (you don't have to answer that -- it's somewhat besides the point)
Why would you use the blockchain for this?
Who is incentived to run the mining rigs?
For those incentivized to run the mining rigs, why the fuck don't they just use a regular database instead?
I obviously understand very little about this problem space, but I just don't see how it's solving anything or an optimal solution.

>>9646078
>>9646109
It is from the blog of a French fund manager. He is very clear and educational about macro stuff

I meant USD was shorted but not today

Turkey ans Italy have different issues but they are related to the euro banks

Turkey is like any third world shitholes unable to carry out healthy economic development. Now is the time to pay and they can't. The problem is that euro bansk are behind the Turkish loans and they probably will have to write them off as NPLs.

Italy is a political problem. It seems they are getting serious about leaving the Eurozone and they may be the niggers of Europe, they actually underwent economic reforms and austerity:
- they have primary budget surplus
- they have trade surplus
- their public debt is held mostly by Italians (and for people who say debt is a problem, I would say it really depends on who owns them and in which currency)
They can really leave the union without much hardship

>>9646128
Our customer on that one is undisclosed, can't tell you much about it.
The thing would be, rather than using a large database for the whole supply chain, they would store the products life cycle on the blockchain for traceability. I don't know the specifics, I work in manufacturing, not software.

Stupid veterans dying for our stupid freedom
Stupid dollar stronger as heck
Stupid SPY moving .25% up

>>9646109
I still don't understand well the relationship between USD strength and bond prices. I feel they are not simply opposite to each other.
Right now, long treasuries (treasuries short is a very crowded trade and the FED doesn't seem to make unplanned addtional rate hikes)
But USD isn't going to go up as the FED is willing to let inflation float.
Also, all this clusterfuck will surely trigger some margin calls on (and trigger selloff on other assets classes). That is why JPY is being bid heavily these last few days.

>>9646134
Haven't you heard ? The Italian president just appointed an actual Eurocrat at the head of government.

>>9646134
>Turkey is like any third world shitholes unable to carry out healthy economic development. Now is the time to pay and they can't.
Sounds like the Greek situation from a few years ago.

>Italy is a political problem. It seems they are getting serious about leaving the Eurozone and they may be the niggers of Europe, they actually underwent economic reforms and austerity:
>getting serious about leaving the Eurozone
Good for them.
Merkel is shit.
Happy they don't want to put up with the migrant quotas.

>- they have primary budget surplus
Sounds good.
>- they have trade surplus
Sounds good.
>- their public debt is held mostly by Italians (and for people who say debt is a problem, I would say it really depends on who owns them and in which currency)
That is 100% true!
The US government actually benefits greatly from its humongous amounts of debt, and basically finances it with inflation.
It's easy to be a brainlet and freak out about all that debt, but the government basically has a monopoly on debt's bottom line, and basically from what I've read, it's the only case where the borrower is actually kind of profiting at the expense of the people loaning it debt.
>They can really leave the union without much hardship
Brexit 2.0 inbound?

Remember to buy HMNY tomorrow. We're going to have a green week. Next week will be red, so make sure you sell on Friday and buy back in at $0.16 before we head off to $2.50.

>>9646181
It won't hold and that would trigger some more elections and force the Liga to adopt a harder line.

>>9646187
Yes, very probably
In the case of Italy leaving the EU, I would look at what the UK would be doing. I can only imagine they would be all to eager to sign trade agreements with Italy.
Also, whenever Italy exits the EU and EUR died, that would be the greatest fire sale of European equities.

>>9646160
>Our customer on that one is undisclosed, can't tell you much about it.
I'm careful with the whole insider trading shit here too. I already leak too much personal info about myself. No worries.
>The thing would be, rather than using a large database for the whole supply chain, they would store the products life cycle on the blockchain for traceability. I don't know the specifics, I work in manufacturing, not software.
The thing is, the blockchain is still stored on servers. The blockchain is basically a very, very inefficient database.
Running this super inefficient database (on mining rigs) WILL come at somebody's expense.
I actually do work in software.
Running those blockchain mining rigs will either come at the expense of the software company to run them (which is unprofitable to do for free), at the expense of the agricultural businesses if they own and host the mining rigs, or via inflation (like Bitcoin) by the software company running the rigs and an imperceptable slow decay in the price of assets in the agricultural businesses as the software company dilutes them by introducing new assets on the mining rigs as incentivization.

Shilling stocks that are currently at the peak of the worst financial bubble since the last great recession. Thanks just sold 100k.
If you have any of your money in stocks you might as well KYS

>>9646208
>Remember to buy HMNY tomorrow.
The owner is literally an Israeli Jew.

>>9646247
>Yes, very probably
>In the case of Italy leaving the EU, I would look at what the UK would be doing. I can only imagine they would be all to eager to sign trade agreements with Italy.
Kek. Damn right!

>>9646281
>t. salty faget that bought BTC ATH

>>9646269
It's obviously not to track every product with a blockchain, but to track whole lots. The goal is apparently to detect errors, mismatches and fraud rather than cutting costs it seems by reading at the project. I'm not bizdev either, and our customer is probs aware of the costs. Also the whole thing is public so it's not insider trading. I just want to avoid doxxing on my side.

Give me more stocks 2 look at pls.... so bored.... anyone!

>>9643103
Ah good point about market cap, forgot stocks not always act like shitcoin. But also thought about that earnings correlation last night but couldn't find anything significant. Was going try some other ways look @ P today using spreads
>>9644184
54 worse case scenario but the comming down trend obviously

>>9646296

>>9646296
are you elon musk

>AMD still climbing
I feel kinda dumb for selling at 13.25. If it hits 15 I’m going to be a bit annoyed.

>>9646316
>It's obviously not to track every product with a blockchain, but to track whole lots. The goal is apparently to detect errors, mismatches and fraud rather than cutting costs it seems by reading at the project.
Alright, I'm very skeptical, but I'll probably check into this.
>I'm not bizdev either, and our customer is probs aware of the costs.
I'm a software engineer. I can't imagine how anybody would benefit from this technology so far, but I was kind of wrong about new shit before.
>Also the whole thing is public so it's not insider trading. I just want to avoid doxxing on my side.
Smart choice.

Thanks for your post. This was actually fairly interesting compared to the shameless vaporware shilling that I typically get on this stupid board.

>>9646329
CORN

>>9646464
Our inhouse software security experts are pretty sceptical about crypto too, they bash it at every seminar.
Personally I just hope we will be able to pull off quantum bits on silicon.

>>9646329
>Give me more stocks 2 look at pls.... so bored.... anyone!
What was your experience with Weka?
You brought that up before, and it's not some easy shit that you can just dive into with no programming experience.
What app are you using to make those graphs or what kind of graphs are they? Never really seen anything like that anywhere else.
>Ah good point about market cap, forgot stocks not always act like shitcoin. But also thought about that earnings correlation last night but couldn't find anything significant. Was going try some other ways look @ P today using spreads
Those 2 moves that you thought were the result of a "whale" were very significant swings, and the fact that it's so close to 6 months on the dot really makes it look earnings related.
It might not be when earnings were released, but there's also earnings expectations that are released prior to the actual call, and the stock should be priced into those expectations by the time that the actual call/report is released.
So, I'm thinking that those huge swings are from a publication of expectations rather than the actual call, which definitely doesn't line up properly.

>>9646355
I love the Jews that I'm friends with, but you have to build up trust with them. They're damn good at business.
I originally was saying
>That HMNY guy has to be the biggest brainlet ever to bankrupt a company without any debt
But now, I'm convinced he just has some wild strategies for fucking over all his shareholders DryShips-style. My puts haven't made SHIT on this guy.

>>9646379
Kek. No. He inspires me a little.
My biggest inspiration is definitely Bill Gates tho

>>9646439
I've been pretty done trying to play that shit for a while.
10-baggers make most of their gains in the first year of their run.

>>9646510
>Our inhouse software security experts are pretty sceptical about crypto too, they bash it at every seminar.
That's very interesting.
I think it's fine as long as you don't roll your own. That's how most people fuck up security-wise; they'll write their own hashing algorithm or reinvent the wheel with some essential thing that requires rock solid prime number math tricks.
Even beyond that, it's actually hilarious how many 51% attacks have been successful in shitcoins. You should look into that. It really underscores how this is not something for projects open to the public with very few people incentivized for a project to pan out.

>Personally I just hope we will be able to pull off quantum bits on silicon.
Ha. Yeah, I can feel that. There's an article about it every few months to a year; just like cancer cures and CRISPR. It's always just right around the corner, isn't it?
For the time that I did use plebbit, towards the end, I think I actually started saving the articles that would be published about a break through in cancer research or quantum computing.
It felt like every couple weeks on the frontpage:
>Hey goys, we did it! We cured cancer again!

what's the verdict on nflx this week?

>>9646610
>It's always just right around the corner, isn't it?
Yeah, we manage to make a few of them here and there on a chip, but we still can't reliably manufacture 100s of them in a nice grid. Patterning them is really hard to pull off.

>>9646610
Yeah CRISPR is all the rage but this technology is far being commercially viable.
Martin Shkreli is enthusiastic on gene therapy but chose to be much more specific and conservative as to the application fields. Notably those with proven track record.

give me one good reason not to put 100k into biotech index funds

>>9646624
I got FUDd into halving my position in them.
Tech is looking kinda overvalued, then we also got that beautiful fuck you called GDPR.
Despite being a perma-bull on tech, I'm weighing options on getting out and hedging

>>9646666
Well that's fascinating.
Are they possible to use for a practical purpose yet? I've heard you can only use a few bits or something like that.
Really sounds like it's still pretty relegated to research and academia.

>>9646692
It is very exciting.
Any company trying to use it is basically a meme from the little that I know about it and have heard, unfortunately -- including a company named CRISPR, $CRSP.
I don't know shit about biotech or biopharma tho.

>>9646764
Drawdown is most likely 100%, and I (at least personally) have 0 intuition for trading the swings. Kek.
I think it might be one of the best 3X ETFs to hold long term tho
https://seekingalpha.com/account/login?uri_source=https%3A%2F%2Fseekingalpha.com%2Farticle%2F4121068-best-3x-leveraged-etf&rsn=rb

>>9646796
>Are they possible to use for a practical purpose yet? I've heard you can only use a few bits or something like that.
>Really sounds like it's still pretty relegated to research and academia.
Well, since nobody know how to integrate them on a working chip and in big numbers, it is pretty much an academia meme. Once someone (hopefully us) manage to do it, there will be a decent number of uses. Probably not for consumer since it will likely require helium cooling.

>>9646812
Fuck. https://seekingalpha.com/article/4121068-best-3x-leveraged-etf

>>9646813
>hopefully us
Feel like you're drinking the kool-aid at all? lol
I'm a little guilty myself.

>>9646692
some dude was talking about people doing DIY CRISPR research

i have no idea how bullshit this is honestly but i'm curious

>>9646833
I'm working on the project man. It's pretty hard not to believe in it, right ?

>>9646844
I'm interested in that shit.
>Doing shit with my own stem cells.
Fuck yeah.
I once read that just injecting yourself with stem cells has been shown to have some effects in reversing aging.
Do I think a doctor would ever be cool with doing that to me in the next decade despite having those stem cells? Fuck no.
DIY, it is.

>>9646849
Good for you.
I've found lately that I'm back to relying on carving my own path through this world.
The best shit on my resume has never been achieved for a company or with the consent of my boss.
Really want to do ML for work and I thought it seemed like I'd get a solid shot at an opportunity for that -- I thought wrong!
I'm split between searching for the bare minimum and trying to be exceptionally good and driven at my job. On the one hand, I doubt I'll possibly get a return on my extra time and effort invested... on the other hand, I'm super paranoid about getting fired.

I'm interested in RUSS right now, inverse 3x Russia ETF. Things are going to get worse before they get better with the west, and if they drop more sanctions the Russian economy is crashing with no survivors

>>9647002
They got oil. I think they're a part of OPEC.

When I calculate the P/E ratio of an industry or sector... Should it equally weight all the companies or do weighting skewed by market cap?

>>9646796

it sure had news to run up that high last week, but i am hoping for a cooling period to the 347ish level. I got 350 puts but my worst fear is that it stays elevated at that level and drops next week

>>9647057
I would go with the equally weight since you want to know the average P/E ratio of every company in the sector.

Ughhh USD strength ;_;
Hope lunch bro show up with BBQ ....

>>9646498
!! Want try out awesome trick with corn will take little time
>>9646512
Helped fren figure out some real estate KPI with Weka, that's about it. Would show but it not loading right now for some reason...
Am very amature at programming and using ML in general. Background is network admin.
But it's very obvious ML is future and me desperately trying learn it. That one main reason why taking up trading so seriously. It's way to get practical practice doing math and programming.
DESU looking for people to work with ML in financial settings.

All the people who know ML at college think using it for Stocks / Crypto is immoral and the dark arts; they refuse help me ;_; Ducking commies

DB approaching to 1 digits once again, euro continues in a free fall, oil rally halted at least for now

>>9647232
Yeah, I don't think it's very wise to short FAANG.
You should short shit like P, SNAP, FIT, GPRO instead imo

>>9647293
Thanks! I'll do that.

>>9646968
I'm gathering experience and contacts. Microelectronics is a close-knit industry. I'd actually like to launch my own start-up, but I know need more skills with suppliers, customers, management, technical and all that shit. My current job let me have all that, but I've been here for only one year and a half.

>>9646844
This is a thing, its real power is in ease of use. I think that with a bit of know-how and a lab worth in the order of tens of thousands you can get quite far.
The only problem I see for a diy crspr lab is sourcing the genes you'd want to use. You could order custom synthesized DNA fragments, but that's very expensive.

t. Molecular biologist

Time to start buying the ATX again

bond futures completely filled that gap

>>9647413
>Helped fren figure out some real estate KPI with Weka, that's about it. Would show but it not loading right now for some reason...
That's fine if you can't pull it up.
Was just interested in your background here, since it didn't fit with the whole hooker story.

>Am very amature at programming and using ML in general. Background is network admin.
>But it's very obvious ML is future and me desperately trying learn it. That one main reason why taking up trading so seriously. It's way to get practical practice doing math and programming.

I can't help much with the learning programming part, but thankfully ML is one of the least intensive areas for "software engineering" knowledge -- most of the good code is written by mathematical wizards that only picked up coding for their PhD, with little knowledge of object-oriented shit, algorithms w/ big O notation, or really anything that people in the industry with a bachelor's in CS take pride in.
Most of the good shit written for data science is completely procedural with high-school student levels of architecture and design.
So, if you can write a nasty, disgusting 100 line python hack that would make a "real" software engineer puke -- you are good to go!

Now here's the part that I love.
Academia can't teach ML for the industry. Too hung up on theory. I took 2-3 grad. courses on ML, and learned much more practical shit from blog posts and doing personal project type stuff.
You can get stupendously, ridiculously far without knowing any of the underlying math. That shit only helps if you are a deep learning wizard.

So, I can't provide good resources for learning programming itself because I'm unfortunately too much of a wizard by now to help there. But, not much programming skill is necessary. And, ML has a lower barrier to entry than advertised.

Learning resources next:

(PART 1)

>>9647754
USD and bonds will continue to rally as folks seek to GTFO eurozone hot potatoes.

Everyone is short bonds...

>>9647413

Learning resources that I really do use:

>scikit-learn.org
the super friendly website for my favorite ML library. It's a Swiss army knife of all kinds of ML approaches and models. Guess what. You can throw an SVM together without knowing how to do the nonlinear separating hyperplane trick by hand. I know how to do the nonlinear separating hyperplane trick by hand. I have never needed to do that.
They have so many sick little scripts and tutorials and references that their site is actually my primary point of learning practical ML from.
>kaggle
ML competitions. I don't do them, but it's a great source for datasets to practice on, and people will post sample scripts of their submissions, which I use as a guiding template.
Some guy somewhere on there shows exactly how to train an RNN on daily price action for stocks. (I don't like this approach and am unsatisfied with his results.)
>Quantopian
non-ML algorithmic trading strategies. It can integrate with Robinhood and has examples of stuff like momentum trading. I don't want to be locked into their platform, and I'm using ML, which isn't their target audience, so not for me.
>machinelearningmastery.com
a real grand wizard's blog post that I've started picking up some theory stuff from. (Needed to learn PCA, and sklearn site was unsatisfactory.)
>thepatternsite.com
where I like to learn about TA and FA from.
>financial-hacker.com -- smaller resource. I've been using it a tad this week to help with my latest project. Has some good research paper references.

(PART 2)

>>9647413

Data sources that I use:
>Quandl (paid, supposedly super good)
>ycharts (free trial)
>stockrow (free so far)
>Quantopian (very free, but feels like vendor lock-in, not ML oriented)
>Kaggle (very free, feels absolutely not vendor lock-in, but lower quality data sets, very ML oriented)
>Interactive Brokers API -- the retired quant. said that this is what his live system uses
>Stooq -- have used this. Get straight CSV dataset downloads. Very limited info, but at least it's something.
I took my first stab with Quantopian, I get scripts from kaggle, have used data from Stooq, currently plan to use data from stockrow next, then Interactive Brokers if ever close to a very solid & unchanging gameplan

(PART 3)

>>9648056
I burned myself so many times with crowded shorts
Yeah, stay comfy in USD, treasuries and JPY as all this clusterfuck will surely trigger some margin calls and thus selloffs.

>>9648054
I work in healthcare and people are talking about blockchain and machine learning like its going to solve all of our problems.

These people are idiots who probably never set foot in a hospital. They don't understand healthcare data is essentially a bunch of doctors and nurses bashing their faces on the keyboard to get the work done as fast as possible. Everyone pretend checkmarks all of the government mandated metrics to get money from medicare.

Machine learning in healthcare is the new snake oil and a super easy way to con hospitals out of money right now.

>>9647413
>DESU looking for people to work with ML in financial settings.
Give me more info on your ideas and I can probably fish out better resources tailored more for you.
It's no hassle at all. I was doing this a bit to the retired quant guy on Friday night, and it was some of the most useful little tips I've had in a while.
>All the people who know ML at college think using it for Stocks / Crypto is immoral and the dark arts; they refuse help me ;_; Ducking commies
The issue might more so be in your friends being lazy & unmotivated. Had significant issues with that myself.
The industry being so bashful about killer robots is definitely some autistic, head-up-ass, pseudo-intellectual bullshit tho, if that really is the route they're going.

>>9648082
Yeah I was hoping that we would gap up on Tuesday for these spy calls I bought at the bell to make me a quick buck. Futures look to already be breaking even from the overnight rally and tanking fast.

At least im hedged in volatility and inverse index calls.

>>9648054
>>9648065
>>9648075
I'm gonna screencap / better format some this for recycling.

>>9647642
>I'm gathering experience and contacts. Microelectronics is a close-knit industry.
Kek. I know.
People hype it up like big pay, but there aren't really that many jobs in it.
As opposed to CS, where there's a fuck ton, they're settling for pajeets and liberal arts majors that gave up on their dream, but there's also the high-skill & high-pay roles like electrical.
>I'd actually like to launch my own start-up, but I know need more skills with suppliers, customers, management, technical and all that shit.
Start ups are the dream. Financial stability is a meme. You can't really get rich without taking the dive into entrepreneurship.
>My current job let me have all that, but I've been here for only one year and a half.
Well lucky you! Why's the length of time there an issue?
One of the things I love about CS is not needing suppliers and shit. You can just "one-man army" your own company.

>>9648159

I have been holding and monitoring JPY since before the last FED shitpost
It was very impressive to see CNYJPY getting BOGGED hard since last wednesday. Seeing the JPY bump persuaded me the rally was a trap.

>>9648056
>USD and bonds will continue to rally as folks seek to GTFO eurozone hot potatoes.
>Everyone is short bonds...
Is this going to be one of those cluster fuck slow burns that can last for weeks?
FUCK.
I'm shorting, but it's puts (so no margin calls) and expiration is 3+ months out.

>>9648159
Meltdown imminent for open?

Any good topics / resources for learning more about bonds and forex shit?

>>9639919
How do I learn the first principles of trading?

I'm following martin shkreli's streams on finance and investing and I know a dude who seems like a good mentor on crypto. What are some resources where I can learn more about trading and investing?

>>9648204
>Why's the length of time there an issue?
Basically I've been given a fuckton of responsibilities even if I am kinda junior, but in a narrow field. I really want to see more of the chain before I try to launch my own thing. Plus I already got 2 patents and one article on the way, the job I got right now is really profitable in terms of experience.
I basically put the flames out on a botched project before I arrived, fixed 3 years of backlog, made them save 300k€, and I'm now responsible of one fourth of the process catalog and the main technical reference for my field in the company. However, once it starts stagnating I'll probably ask for a job change, since there is other teams that could need a hand.

>>9648116
>I work in healthcare and people are talking about blockchain and machine learning like its going to solve all of our problems.
>These people are idiots who probably never set foot in a hospital.
>Machine learning in healthcare is the new snake oil and a super easy way to con hospitals out of money right now.
Blockchain seems like 100% aggressive snakeoil shit. Nobody understands what the fuck that shit solves. It's weaponized hype and autism right now.
ML can do some stuff -- the tech that's pushing self-driving cars was applicable for a trick that helped find long cancer in some kind of chest scan. It primarily is good for automating things that have no good algorithm and are kind of subjective.
It's nowhere fucking close to replacing doctors in any manner. Healthcare, health insurance, and that cancer of Cardinal Health-Express Scripts gave Silicon Valley a bunch of wishful thinking opportunities, primarily involving automation and integration.
HOWEVER, you also have all these autistic pseudo-gurus that like to hop in whenever they hear ML and sell you a cornucopia of products for applying it in all the wrong ways.

>>9648298
Honestly I don't know much. But these geopolitical events highlight the basics.

USD is still seen as "safe" so will usually spike when international events start to go down. This also increases interest in bonds as they are also considered "safe".

The US however has an interest in keeping USD low to prevent excessive stagflation. USD going up also means equities have to get cheaper to compensate.

People are so short bonds right now because interest rates are going up, this almost guarantees the prices of bonds SHOULD go down since your bond will be worth less than my higher rate bond after June. However, the eurozone crisis could burn all these shorts and we may see bond prices skyrocket. We flipped the bear trend in bonds last week so we'll see what happens. I bought a few TLT calls just to see what happens.

Thoughts on CFRX? They have pretty ground breaking bacteriophage treatment for disease and I don’t think their shar price reflects that just yet.

>>9648364
Well that's an impressive resume.

>Basically I've been given a fuckton of responsibilities even if I am kinda junior, but in a narrow field. I really want to see more of the chain before I try to launch my own thing.
>However, once it starts stagnating I'll probably ask for a job change, since there is other teams that could need a hand.
So, you want exposure to other areas.
You've established yourself as the go-to for your current area.
>I'll probably ask for a job change
I just had a pretty bad experience with this. I don't like where I'm landing. I recommend networking and meeting the people that work in the area that you want to go to, and getting friendly with them.
Start asking about it like it's a hobby, go to their corporate presentation stuff and ask questions, get them to recognize you, start sticking your nose in their business (what are you working on? Tell me more about that project.), and show what value you have to offer (that's the hook -- oh, wow, useful skills. Yeah, we could use this guy.)

>>9648421
Did a quick checkup. Looks like they are aiming targeted therapies to anti-bacterials and anti cancers using lysis targets.

While this will work stellar in a lab setting this isnt going to go well in actual subjects. Bacterial lysis is what causes severe septic reactions as your body tries to overcompensate to kill all the bacterial guts floating around your bloodstream. We see this all the time when we give antibiotics to patients who are septic, they get much worse in the short term as the antibiotic kills all the bacteria.

>>9642353
What is this graph in the volume chart?

>>9648421
have you read their clinical reports ?
They basically has only one pipeline in phase 2 clinical trial

All the other pipelines are in the meme stage

>>9648498
it is nice to have a non retarded insight here

are you martin shkreli ?

>>9648392
Technically speaking we'd need a new type of RAM to become industrial for ML to become widespread : OxRAM, PCRAM, STT-MRAM and the like. Those can be very useful for neuromorphic devices since they can basically keep their state forever.

>>9648404
>USD going up also means equities have to get cheaper to compensate.
Ah. Fuck. Stock market meltdown too. Didn't really know that was coming too.
>People are so short bonds right now because interest rates are going up, this almost guarantees the prices of bonds SHOULD go down
>However, the eurozone crisis could burn all these shorts and we may see bond prices skyrocket
>We flipped the bear trend in bonds last week
This much I've been following.
>I bought a few TLT calls just to see what happens.
So, you're swing trading with the market direction right now while I'm going for a longer term play.
Any ideas on how long TLT could skyrocket for?

>>9648516
You definitely don't need a special type of RAM for ML. It might be advantageous for deep learning or specific applications, but 99% of it can be done on literally any fucking laptop.

>>9648618
>It might be advantageous for deep learning or specific applications
Yeah that's what I meant. Still, a memory with the speed of RAM and the stability of flash would do wonders. There's projects right now trying to create CPUs that can reconfigure themselves physically to increase the speed of their most frequently used operations.

>>9648618
At least until the fed shitpost

>>9648618
Look for any indication that would force the FED to do additional and unforeseen rate hikes.
The indication would be a stronger economy, a higher than expected inflation rate (which has to be unexpectedly high for the FED to take additional action because in their last shitpost, they stated they would not give a fuck if it is only slightly higher than 2%)

So either the next FED shitpost or the next release of economic data

>>9648765
Oh thank God.
I thought this could've been a one or two month ordeal in which I bought at the first uptick, and I'd have to buckle down for some hardcore bagholding.
I bought my puts on Friday.

>>9648765
>>9648788
Next fed shitpost is June 12-13

>>9648812
I would look slightly before that date since there will be the NFP data release

>>9648824
My puts expire in September and January

I WANNA TRADE TODAY


REEEEEEEEEEEEEEEEEEEEE

We shorting DIS tommorrow? Solo tanked

>>9643507
Will do!
>>9646498
Here corn!
Divided CRB BKS raw industries by CORN
This give us broader market view of CORN

We can see CORN has inverse relationships with commodities!

What chart says? CORN likely keep rising for awhile!

this sucks
I want to buy MCD

bump

>>9649868

fuck off weab

>>9649978
stay poor

>>9650019

fuck off weab

I'm fucking excited.
I found a good research paper that had a Jensen alpha of 15%.

>>9650091
stay poor

>>9650111

>52 posts by this ID

JFC, go outside and take a walk or something

DIS gonna eat shit tomorrow

Solo movie is not quite the smash hit everyone estimated

>>9648065
>>9648133
((Me life past few years completely mess, it hard 2 explains))

Wow!
What's your study - field? You seem know alot more than most traders about this! Anything you can talk about? Or give examples of? Love seeing peoples work!
_____
And had used scikit before but none of that other stuff
Jesus thank you alot will read over it


Deep learning IS the end game and have used DL competitions for data sets b4. Can actually use all languages at decent level wayy above python.

What killing me is MATH!
Am failing out of second degree attempt because cant do MATH ;_;
Taking summer classes off for study discrete mathematics nearly full time!

Could REALLY use some help pointing me right direction thank you for offer! Uhh give me sec to crystallize want an looking for

>>9650249
I already went for a run
stay poor :^)

>>9650686

I make more money than you do pal.

The fact that you spend your life on here is testament alone

Guys one second I had some expert financial analysis video. I'll link it in a second.

Lemme find it

Here it is people, hot off the presses, best financial analysis / economics analysis in the world.
https://www.youtube.com/watch?v=fkgSZ5d-gVk

>>9648133
(typed on Microsoft word, look 15 mins)

This would be step one. I’m sure its been done before. If I could just see a working program that can accomplish this first step I’d be able to build on it easily. I just CAN’T get it started.
Here it is:
The idea is to take the standard candle stick color code:
Letter= ( abs(open-close)/abs(high-low) > 0.5 )? (open < close ? A : C) : B
And evaluate charts so the datasets are simply strings of texts that look like “ABCCABCABCACCABCCABAABCAC…”

The machine learning algorithm looks at the datasets that have been reduced to the three letters.
Then the ML algo makes predictions on what the next letter will be on a real time chart.

For example the filtered 10 min chart for GoPro looks like
“ABCCABCABCACCABCCABAABCAC”
and the ML algo out put looks like:
A= 10%
B=30%
C=60%

does this make any sense? I can explain what happens next once the ML program can do this if you're interested.

>>9650439
>((Me life past few years completely mess, it hard 2 explains))
Everybody has something. It's rough.

>What's your study - field?
I completed my bachelor's in CS a year ago, but also did minor in business that covered accounting and finance classes. Packed in a couple grad courses in ML just to make life harder on myself.
>Anything you can talk about? Or give examples of? Love seeing peoples work!
Coolest thing is I worked on a fraud model once for work and they definitely won't use, but I definitely can't share that. Mostly really trivial stuff though that's up on a GitHub with a lot of personal info. I don't get to do any of this professionally.
I think scikit-learn's website and kaggle will have much better examples than what I can provide.

>And had used scikit before but none of that other stuff
You just need to know supervised (classification) vs. unsupervised (clustering)
SVMs, neural networks (99% of the time), and decision trees are all supervised -- and supervised is what almost everybody uses for trading algorithms if they go the ML route

>Jesus thank you alot will read over it
They're nice references. No rush to read them. They're just very good places to go if you are looking for something, but not necessarily sure what.
I've been asked about this stuff before too, so I thought I'd just go all out so that I'd just have something nice to recycle.

>Deep learning IS the end game and have used DL competitions for data sets b4. Can actually use all languages at decent level wayy above python.
Python is the best language for ML. When you start having long running scripts / jobs, it's best to work inside an interpreter so that you don't get fucked with slow turn around while you're still debugging (i.e. run 30 minutes, error, re-run whole damn thing 30 minutes, error, repeat)
Kaggle definitely has some basic deep learning scripts for stock data.

>>9650439
>What killing me is MATH!
>Am failing out of second degree attempt because cant do MATH ;_;
>Taking summer classes off for study discrete mathematics nearly full time!
Math rapes everyone. Is discrete math the one with proofs? I got lucky as fuck there -- had one of the easiest professors, I think I was a favorite, and I thought he was cool as fuck. Linear algebra was a different story.
You won't need any stat.s, calculus, or linear algebra again in undergrad unless you go full on wizard with a PhD in ML. The grad courses will slap you with all 3 of those at once.
It's easy to get distracted from class and getting your degree by side projects imo

>Could REALLY use some help pointing me right direction thank you for offer! Uhh give me sec to crystallize want an looking for
Kaggle seriously has sample deep learning scripts for stock trading.
I'm going to start with just an SVM though since it requires less parameter tuning and I'm way more familiar with getting good results from one.
One of my future plans is to steal an RNN/LSTM approach that I found on kaggle though and finally try to get a hang of deep learning.
SVM definitely first though.

Hey guys hows your day going

>>9651240
boring

>>9651108
I think I'm following. It's a chain of candlestick types.

I actually was just trying something similar just last week.
I fed it volume data as well though, and just the OHLC straight, so that the deep learning algorithm would just figure out shapes that it determines to be meaningful internally.
To make it meaningful across different tickers, the OHLC values were as a proportion out of the 200 day SMA.
The training set was the last 5 days of this, and would predict close of the next day.
My accuracy was no better than 55%.

The model though... Check out Markov chains. It's what phone keyboards use to predict the next word that you type.
Beyond that, you can use an RNN or LSTM -- a little more sophisticated.

Since my accuracy was such shit, I think I can get better accuracy with FA with longer term, then start introducing more TA stuff and work backwards into smaller timeframes.
Candlestick patterns on their own are pretty rarely in the classic shapes, and even when they're perfectly shaped and in the proper context, the accuracy is rarely over 70%. The stats are thepatternsite.com

Is there any pharmaceutical which can boost a great profit out of the evola crisis?

Any good investment option?

if hmny is delisted what happens with robinhood?

>>9651108
>>9651428
Just realized that I actually recently read an example of using an LSTM neural network or stacked autoencoders for this.
http://www.financial-hacker.com/build-better-strategies-part-5-developing-a-machine-learning-system/
>The results seem to suggest that short-term price movements can indeed be predicted sometimes by analyzing the changes and ranges of the last 4 candles. The prediction is not very accurate – it’s in the 58%..60% range
Results could probably be bumped up a little more by throwing volume data in there too, and a little more context.

>>9651240

Well it's literally 100 degrees outside.

>>9651240
I have a nasty flu

>>9639919
hello niggers. its me, hows everyone been

>>9651558

Look what crawled out of the dumpster

>>9651535
holy fuck what the hell is happening in MN?

>>9651581
why are you so upset friend :^)

>>9651558
bugs, easy on the carrots.

>>9651240

Nothing trading day. Low volume putzing from all of my holdings. Closed near flat. Oh, except for my one penny stock that someone decided to dump some shares in the final sixty seconds of trading pushing it 1 cent in to the red. That one will just bounce back to the mean immediately on open tomorrow.

>>9651660

You're still alive.

>>9651428
Wow kek thanks for that pic, I've had explain that candle algo to many people, will just show them picture next time
Though minor correction: "B" won't always be Doji, it more of "neutral" candle

And accuracy is for step two! There are many methods that will use to increase accuracy,

The main methods me will be imploy are fuzzing with memorieless discrete random variables to further isolate patterns, using Fast Fourer Transformations (Markov chains might do this already?), and adding pascal-lucas dimensions for create more identifiable shapes!

Thanks for the info though Markov Chains are good way do this! Your OHLC idea was good too!
Another way you might want approach normalizing your OHLC is to run it through an oscillator! (Pic related)

What program you use for ML again? Any example charting scripts might be able link me? Waka just not good enough for this

>>9651491
kek I looked into the current approved treatment options against Evola-chan
It seems only GSK and MRK have approved treatment.

I also know that REGN has a pipeline dedicated to ebola

>>9652000
>The main methods me will be imploy are fuzzing with memorieless discrete random variables to further isolate patterns, using Fast Fourer Transformations (Markov chains might do this already?), and adding pascal-lucas dimensions for create more identifiable shapes!
FFTs sound smart. Part 3 or some earlier part of "Build Better Strategies" discussed using "Cycles" and that it's rumored to be what the Medallion fund uses (which has been averaging more than something like 60% returns every year for more than 2 decades straight)
Not super familiar with how to apply discrete random variables or what pascal-lupus dimensions are.
>Thanks for the info though Markov Chains are good way do this! Your OHLC idea was good too!
Yeah, the issue with just handing it the open price as is, is that a 5$ stock price or a 0.50$ change for the day means something very different for HMNY than AMZN. This makes tons of fundamentals data tricky too. A lot of these things need to be made proportional across the companies. Ratios like P/E are very useful for doing this.

>>9652000
>Another way you might want approach normalizing your OHLC is to run it through an oscillator! (Pic related)
I think I'm just going to back off doing candlesticks for now. They really exploded the number of features that I was using. thepatternsite was very good for finding indicators that were meaningful and highly accurate.
>What program you use for ML again? Any example charting scripts might be able link me? Waka just not good enough for this
I just use scikit-learn, very flexible but has a lot of defaults. It's built over numpy and pandas, so sufficiently performant too.
matplotlib is a good graphing library that I think I've seen used in a lot of examples on the scikit-learn site.
I don't really use graphs. I'll just watch the loss function, confusion matrix, auc_roc, and look through the data with some pandas functions.
Graphing is great for clustering + PCA, but not super helpful imo for high dimensionality with tons of data

>>9651648

dont know

Anyone else on the AMD train to $15?

>>9652000
Only on 4chan would you find a prostitute who can code machine learning algos to hack the stock market, holy cow.

>>9652532
>believing anything on 4ch

I solved P=NP but don't want to ruin life on earth

>>9652532

"she" hasn't done anything of value yet, and probably never will.

reluctant kneepad girl sent me the Aids virus through the computer

For the bond short bagholders, there is an article on ZH that explains why you guys are fucked :
https://www.zerohedge.com/news/2018-05-28/lacy-hunt-bond-bull-market-will-endure-debt-strangles-economic-growth

>>9652532
I think I've always suspected that RKG has been pretending about something.
Whether being a chick, prostitute, or weird communication skills, I have no idea.

>>9652690
We've seen """her""" hands, it's clearly a man

bump
Nikkei will open in 15 minute

>>9652683
ZH always says that everyone is fucked. There's no information there. You don't get any partial credit when you predict 15 of the last 2 market crashes.

2008 REDUX CRASH FUCKING WHEN
I'm sick of waiting. Italy better do something about it. But it won't.

>>9654489
Never

Every big crash looks unique. The next one won't look like 2008, or 2001, or 1987, or...

>>9652579
w-what that supposed mean ..... ? x.x

>>9652199
my approch for the whole price being different thing is take price out of formula completely. By either using pure visuals, or %, or translating into text. hence A,B,C strat

ah you actually USE scikit, am see. guess I'll stop trying be so hardcore with this thing
https://github.com/ZhengyaoJiang/PGPortfolio

have you tried using juypter?

Before am get really into ML thinking about maybe doing some crazy charting. 3D MACD charts, heatmap charts, ect

>>9654489
USD cant keep being so ludicrously strong
USD gonna have dip before EURO crash
atleast that what am pray for

>>9640196
I need some training videos i can listen to during my comute. Any Youtube recommendatio s for novices?

How the hell is this thread still alive?

>>9654749

It means exactly what it says.

Buy JNJ tomorrow

>>9654786
Tasty Works has a series on options trading on youtube

>>9654786
Dave Moadel.
Just important to stay consistent and simple. Learn the basic patterns, flags, pennants and head and shoulders; bull and bear.

Thcx aph calls
Amd straddle
Bombardier puts

Change my mind

Is it okay that I'm buying ETFs?
I've been reading they help artificially inflate companies just because they are lumped together.
Is is also okay that I would enjoy that very much, to inflate further.

>>9655316
Most of my portfolio is in one etf

Rest I gamble on big swing trades and when I make enough profit I roll some of it into that etf

>>9655316
Every big economist and their hedge fund manager mom saying ETF causing huge bubble of equities market making whole systems about crash

Butt of fuck it
Try get your while getting good

>>9655384
yeah...

Is there any reason why I should go with mutual funds over ETFs?

>>9655438
ETFs are superior to mutual funds

>>9639919
all my positions are down, life is shit, Ill probably never make it, should just should sell everything off and enjoy life until I run out of money and then check out. Too bad I have no balls to do that.

>>9655438
If you were born between the mid 1940's and mid 1960's

>>9654786
Chat with traders

>>9655480
>implying you can't be a 22 year old boomer

Someone start a new one.

>>9656137

New what? Thread? No. This one isn't even close to the bump limit

Buying and holding VIXY corp on my next payday, the season of chaos is almost here

>mfw my amp (asx) shares are still getting JUSTed after the last month or so from the royal commission

>>9655316

Nothing wrong with doing ETFs. They're your highest percentage chance of consistent gains unless you're really good at trading.

>>9640553
Same, I started with $25,000 just to feel it out. Won on AMZN, AMD. Lost on MJ.

This question can be answered by any anon, but I'd would like to see bearfags provide me with some of their reasoning. What are some companies with massive debt and low cash flow? I found some that have massive debt, but their cash flow more than balances everything out.
I looked more into GoPro, but they really aren't holding that much debt at all. FitBit has no debt at all on their balance sheet to my surprise. My two first obvious picks.
As of right now, it appears DISH is a good company for this. Their debt has risen ~8% to ~14 billion. One article had this to say while comparing DISH to their competors
>Pay-TV operators Comcast (CMCSA) and Charter (CHTR) ended 3Q17 with long-term debts of $59 billion and $66 billion, respectively, with debt-to-equity ratios of 1.17x and 1.54x, respectively, compared to DISH’s ratio of 2.94x. That clearly suggests that the satellite operator is largely dependent on debt as a source of financing.
>Here's the linky if you're interested desu:
>https://marketrealist.com/2017/12/will-high-debt-levels-concern-dish-network

I expect their earnings to only go down in the coming years as well. And since their holding so much debt, this would be one I would consider. But any other suggestions?
Also, the slide I attached shows the companies that have added the most debt in the S&P500. Remember that massive debts doesn't mean they don't have the cash flow to offset that debt and use it to the company's advantage.

>>9657198
This is also relevant for DISH if any anons are interested.
>The company has also set a target for its 5G (fifth-generation) network deployment. It has notified the FCC (Federal Communications Commission) that it will be focusing more on the narrowband IoT (Internet of Things). The company believes that the initial phase of the network rollout will be over by March 2020.

In order to compete with big players such as AT&T (T) and Verizon (VZ), DISH expects that it may require more wireless spectrum licenses. That means it could further drive up its debt levels going forward.
The article I quoted in this post and the previous one:
>https://marketrealist.com/2017/12/will-high-debt-levels-concern-dish-network

Thoughts on CY?

gonna double
new glue memes coming this week

>>9657300
They have a lot of debt. Significantly increased in the past few years. They've also lost money their last quarter. And over all for the last year have lost money (even though two out of the last four quarters were profitable, their losses out weighed the gains). That is not a good situation. For example, McDonald's has a ton of total debt, more than they make in a year, but at least their cash flow is consistently in the black and not losing money every other quarter.
https://finance.yahoo.com/news/cypress-semiconductor-corporation-cy-balance-121029082.html
https://www.nasdaq.com/symbol/cy/stock-report
Also
>Based in San Jose, CA
>CA
In all seriousness, you might be able to make money short term, but their long term vitality is seriously questionable. Especially at a 5 year high and potential rate hikes coming. You should pay attention to their quarterly reports to see if they lost a lot of money or not if you invest (but even when they lost money it looks like they gained momentum in price, and they did extremely well during the last financial crisis so maybe the rules don't apply to them).

>>9657433
>>9657300
FA fags in my thread ?
I thought we are only interested in TA voodoo and pennyshit memes here

>>9639919
any europoors can recommend me a broker?

>>9657433
Having more debt than you make in a year isn't a huge issue for companies. In fact, less so than human beings, who regularly take out mortgages that are multiple times their yearly salary.

Debt will be an interesting issue though with these rate hikes.

>>9657198
I've actually read that start ups with 0 debt are even more likely to fold, so this gives me even less confidence in GPRO and FIT.
Read this on thepatternsite.com

>>9657834
>never seeing Nikkei bro's posts

>>9657862
I like Nikkei bro too

But I think he is more a macro guy
I have never seen him discussing about specific companies

>>9657886
Nikkei bro posts specific companies, but yeah, doesn't really discuss the FA
Big5guy did solid FA, I think.
I'm pretty shit at macro and forex. I'm hoping that getting into bonds watching is going to help me out here.

>>9657855
True McDonald's is a great example of that. I just thought that since they were in the negative for the year it would put a damper on things, no?
>>9657834
Kek, I'm trying a new approach. Desperate to see what might fall if rates go up.

>>9658018
I think subprime loans are what typically gets a good shake out from the rate hikes.
There's not as much of that as the last recession, I think.
There certainly is a ton of student loan debt not going anywhere, but I think most of that will get spunged up by the government.
Auto loans might get JUSTd though.
Mortgages just aren't as risky right now thanks to Dodd-Frank. Small banks are being a little nuts, but big banks can't touch that stuff.

>>9657846
I use easybourse, 2€ per order

>>9656374

>>9658013
>Nikkei bro posts specific companies
I am interested
Examples on the top of your head ?

>Big5guy did solid FA
kek yeah
MUH MID-TEENS™

>>9658018
In fact, I tried looking for shorts by looking into heavily indebted companies
I would screen for high debt to equity ratio, weak operating margins and stagnating/falling revenues companies.
Also, always dig into their 10-Ks and look at their cash-flows.
Wendy's is a heavily indebted company but the last time I looked into their cash flow statement, the management did a good job to manage the debt. Same thing for CHEF.

>>9658231
oil companies?

>>9658244
Even if oil has been BOGGED, I think oil will be bumped again
Here is a link which convinced me on that thesis : http://blog.knowledgeleaderscapital.com/?p=14295

As for shorts, I won't look for shorts based on sector only. I would screen for debt-ridden companies with impending liquidity issues.
Use Finviz for that.

>>9639919

>>9658182
PEP
GIS -- General Mills
SJM -- Smuckers
KHC -- Kraft Heinz
BGS?

>>9658231
There we go.
That's respectable.

>>9658244
Also
Never ever go into a heavily shorted company
Short squeeze is not a meme

>>9658231
>>9658048
I'm gonna be getting to bed, but thanks for the input. I'm gonna continue to look into this all more.

>>9658281
Non-cyclical consumer...

I am an europoor and when I woke up this morning, the Asian markets got bogged (the Bogdanoff Organization is everywhere) and my CNYJPY short was green as fuck
The few very green values in my asian watchlist were non-cyclical consumer.

WE PEAK FEAR NOW

>>9658303
Np. Good night, senpai

>>9658316
I was using the label of consumer discretionaries.
>WE PEAK FEAR NOW
Pls no

>>9658282
was curious of your thoughts since i'm long oil companies.
i figure they can only go so low.... i mean the whole economy depends on it

>>9658343
it is too late anon
The French KEK40 is getting bogged hard : -2.42% rn

>>9658369
I guess I'll flip my SPY reserves for SPXL today

>>9658564
US futures don't look too good senpai
And you gonna get rekt on those bond short me think

But on ZH, it is said that the next NFP is expected to be good. That expectation may give you opportunity to take profit on your bond shorts

I am waiting for the right moment to finally take profit on my CNYJPY short

>>9658593
Yeah, I'm already down 200 bucks and market hasn't even hit pre-market hours.
Gonna be one fuck of a dip today.
Will buy more bond shorts if that run continues. My puts are for many months out. Might as well just double down for this squeeze.

Bloody Tuesday, glad I held off last week.

The DRUS shill is at it again.
Don't forget to buy some puts.

Goooooood morning Vietnam!

My face says hon hon hon but my heart says non non non.

SPY is already recovering. This is bullshit.
It'll probably still open down, but I didn't get to buy at peak dip.

>>9659313
Pic related.

>>9659313
that's ok
Super Mario Draghi is buying the dip right now

>>9659328
Considering unironically buying the dip.

>>9659344
good luck

>>9658771
>OTC
>Puts
Do you even

>>9659387
Kek. I didn't think you could. I wish I could though.

268 to 269 range good place to get spy calls

Anyone else just buying tvix when it reaches 4.70-4.80 and selling it when it goes above 5. Must have done it two-three times last week and held tvix at 4.73 over the weekend.

>>9659487

ITALLLYYYYYY
STUPID MARIO PASTA BASTARDSSSSSSSS

>>9659546
>trusting the italians who are literally the niggers of Europe

>>9659449
Fuck yeah.
I've gonna load up on SPXL if it can touch 269 at market open.

>>9659344
I feel like the Italian bonds probably are oversold and will become a crowded trade, but don't catch a falling knife.

Plan for today! Crushed SPY's balls edition
The moment me been waiting for!
If open below 270, short to 268.3!
If 268.3 falls, short to 266!

Long if above 270.3 holds but unlikely

>>9659566
Never again
How me short Italian >;(

>>9660010
it is too late to short anything european imo
The ECB will surely do something that will crush the shorts (like openly buying assets on the markets)

Good morning /smg/, how was your weekend? I put out my American flag and had a few good gym sessions. I spent the majority of it with my friend who has cancer and her family, she died in hospice at 1 AM today.

In other happenings it seems the pasta based economy of Europe looks BTFO

Short week this week but I'm still babysitting boomers today and Friday, I think I'm on permanent double duty.

>>9660091
based lunchbro (if i am guessing right)
You are a great man

>>9660103
Ye that's me, also forgot to mention I watched the UEFA and Cavs game. Liverpool goaltender must've been high.

Thoughts on the Nintendo correction? Will it moon again because of Pokrmon Switch?

Are there any divident investors here?

>>9660091
Sor for your loss, me h8 watch people die from cancer....
>>9660036
Me hope you right, but everyone planning their vacation to Europe because they think it gonna be cheap.

>>9660010
>How me short Italian >;(
EWI
It's Italian stocks.
>>9660036
>it is too late to short anything european imo
This tho from the way it looks.

>>9660091
It was alright. Less productive than I hoped... as always.
Found lots of good shit on ML stock trading, but still no base model.

DOW making higher lows, its gonna spike up on open. i got a buy order at 24610 cash market.

>>9660091
Sorry for your loss too.

>>9660091
Nice time to snag some good sales. My bags are hurting tho.

Why is everything so fucked right now? At least shorting Brazil worked/

>>9660091
Well, I didn't get a chance to go for that motorcycle ride but other than that everything went as planned.

How's oil looking this morning? Am I totally fucked? I bet my defense shit is going to go up at least

>>9660300
Ewi
Wow ty te stock market amazing kek

>>9660603
I shorted the BR's too, bonds are going to fuck me a good one though lol

Morning Everyone. Ready for today's bloodbath?

>>9660633
Yeah I don't know what happend, yields were up at like midnight, and then I woke up and yields were down at 6am.

>>9660603
Short SBUX. It’s not too late.

>>9660638
I'm peppering my angus. What the fuck is going on with oil prices? WT is down but Brent is up?

>>9660655
Is it even worth holding for the week? These yields are blue calling me daily at this point.

>>9660674
I'm going to hold till Thursday.

>>9660660
As much as I want to, I'm not going to.

Finally, the weekend is over

New thread

>>9660796
>>9660796
>>9660796