• Breaking News

    Wednesday, October 2, 2019

    Stock Market - Official r/StockMarket Discord Live Chat, link on the right -->

    Stock Market - Official r/StockMarket Discord Live Chat, link on the right -->


    Official r/StockMarket Discord Live Chat, link on the right -->

    Posted: 11 Aug 2019 07:06 AM PDT

    Hello r/StockMarket!

    This is another re-post to the thread that I had up a few months back. Thought it was time for a new one.

    If you are looking to hang out with a group of active traders & investors discussing the stock market, feel free to drop in on our official Discord server. It's completely free, and signing up to join is incredibly easy.

    To get to our Discord server, click on the invite link which I have linked for you all down below here-


    [CLICK HERE FOR OUR OFFICIAL DISCORD SERVER INVITE LINK!]


    Registering your user handle should take no more than a couple of minutes. You'll just need a valid e-mail address to verify your Discord account and that is really pretty much it, you'll be connected and ready to chat with all the rest of us!

    You can either run Discord through your web browser, or you can download the Discord application to have it running in the background of your PC. There are also mobile apps that you can use, for example here's the one for the iOS device.

    Our Discord server comes complete with stock bots as well.

    For those of you who are be completely new to Discord and are wondering... "bots!?"

    Yes, we have bots that can automatically posts charts and other useful market information in the chat on executing commands.

    Almost all of the bots that you'll see on our server have been scripted from scratch from yours truly, and have them hosted right from my local server at home.

    Anyway, unlike our last thread I did up, I won't post the full list of bot commands to this thread as it is quite extensive. I've posted the full list of commands right into our Discord server under the channel named #bot_commands which you can find on the left sidebar of the chat at the top underneath the WELCOME channel group.

    You can also have the bot DM (direct message) you the full list by typing !help into any of the channels as well.

    Again, if you are looking for our official invite link to our server here it is:


    [CLICK HERE!]


    The link can also be found on the sidebar right here on r/StockMarket.

    I hope all of you who participate in the everyday discussions on this subreddit, will be able to join us in our live chat as well. There are lots of great discussions going on in there daily!

    Finally, don't forget to pay a visit to the #rules_guidelines channel.

    Anyway, I'll leave it at that for now.

    Hope to see you guys on the chat very soon!

    submitted by /u/bigbear0083
    [link] [comments]

    Market Selloff: S&P on pace for its worst Q4 start since 2009

    Posted: 02 Oct 2019 09:44 AM PDT

    America's factories are getting crushed by Trump's trade war, not the Fed

    Posted: 02 Oct 2019 09:06 AM PDT

    There is a 23% chance of a recession in America.

    Posted: 02 Oct 2019 06:21 PM PDT

    The ISM manufacturing PMI was weak and disappointing. It went from an okay reading to a weak one. The next step is terrible, i.e. recessionary. Specifically, the PMI fell from 49.1 to 47.8. Expectations were for a modest rebound as the consensus was 50 and the low end of the range was 49.1. In other words, no one saw this decline coming. It is way below the 12 month average of 53.5.

    The good news is anything above 42.9 is consistent with an expansion, so it's still not recessionary. It is consistent with 1.5% GDP growth. That's not far off from the consensus which is 1.9%. Merrill Lynch lowered its Q3 growth estimate by 0.1% to 1.8% because of this report. This is only a sentiment report which means it has no effect on GDP.

    As you can see from the chart below, based on the ISM PMI there is a 23% chance of a recession. That's the highest of this expansion by a slight amount.

    Heightened chance of a recession

    What Is The Manufacturing Sector Doing? Making Sense Of Mixed Data

    submitted by /u/AlexPitti
    [link] [comments]

    Markets in turmoil: Stocks, oil, and crypto all significantly down

    Posted: 02 Oct 2019 05:30 AM PDT

    The UK's FTSE 100 stock market has experienced its biggest one-day downswing in two months with a 2.02% decline this morning.

    Link to article: https://coinrivet.com/markets-in-turmoil-stocks-oil-and-crypto-all-significantly-down/

    submitted by /u/yogidizzle
    [link] [comments]

    Presidential Impeachments Do Not Cause Market Declines

    Posted: 02 Oct 2019 11:27 AM PDT

    Originally posted in our trading room last weekend: As the media highlights the potential impeachment process that may begin in the coming weeks, many are so concerned that this will be the "cause" of the market drop we are expecting. Yet, history suggests otherwise.

    The narrative will certainly play out as follows: The market likes certainty and stability within our government. (Please ignore that this was the same reason many claimed that the market was going to crash if Trump was elected). However, an impeachment proceeding places us into a very uncertain and unstable situation within our government. Therefore, the market will react negatively to that uncertainty.

    It sounds reasonable, right? It makes sense, right? It sounds logical, right?

    There is only one problem with such "reason," "sense," and "logic:" Why did the market rally 10% during the Clinton impeachment debacle?

    Does impeachment not cause uncertainty or instability when it is a Democrat being impeached, whereas it will cause uncertainty or instability when a Republican is impeached? Yes, this is a rhetorical question. So those of you that want to make this a partisan issue or to make it an issue specific to Trump, please spare us the commentary which we can all go to the Yahoo boards to read. I am simply pointing out the foolishness and inconsistency within this line of thinking.

    Yet, I am still expecting the market to take us lower in the coming weeks. And, any impeachment discussion will simply be an excuse for what the market is setting up to do. But, make no mistake about it. It will simply be an excuse as history "proves" that impeachments "cause" 10% rallies in the market (smile).

    So, before you use any geo-political news to support your market thesis, consider what Ben Franklin once noted about human "reasoning:"

    "So convenient a thing is it is to be a reasonable creature, since it enables one to find or to make a reason for everything one has a mind to do."

    But, clearly, I have digressed. Let's move back to our analysis of the market.

    Unfortunately, the market has not made it a high probability that we have topped in the b-wave just yet. Yet, my expectation remains that we are topping in a b-wave, with a c-wave decline to follow. And, with the market following through to the downside on Friday, the initial indications suggest that we have begun that c-wave decline. However, the rally off the pivot that we experienced at the end of the day on Friday was not wholly consistent with a continued drop in an immediate c-wave.

    You see, the structure we have been following on the 5-minute SPX chart suggested that the market can break down in the heart of a 3rd wave within that c-wave I am expecting to take us to our support region presented on the higher time frame charts. However, the bounce off the pivot at the end of the day Friday was not consistent with this structure.

    If the market has indeed begun that c-wave lower, then we will have to see a large gap down on Monday morning, taking the market below 2930. The market will then have to respect the pivot noted on the 5-minute chart as resistance on the wave (iv) of 3 bounce in order to keep pressure to the downside, which will be pointing us to the 2850 region over the coming week or so.

    Alternatively, we were also tracking the potential set up for he market to still take us to one more higher high in the 3030-60SPX region before this b-wave tops out. But, due to the action seen on Friday, there is no immediate clear set up that points to such a conclusion. While another set up may develop, I have no such set ups to point towards at this time.

    Yet, if the market is unable to provide us with a large gap down on Monday, then the probabilities start rising that the potential for that higher high still remains quite reasonable.

    The last point I want to make is being presented on the daily chart of the SPX. As you can see, the MACD on the daily chart has rolled over. While that does not preclude potential for one more higher high to be seen before the next decline phase takes hold, it makes it rather clear that even if a higher high is seen, the next decline phase is not too far into the future. It also supports my premise noted all week that attempting to trade for any potential higher high carries significant additional risk that you must accept.

    Original article with charts here.

    submitted by /u/avigilburt
    [link] [comments]

    ELI5: Options

    Posted: 02 Oct 2019 07:50 PM PDT

    Stock market noob here. Why would you trade options instead of actual stocks? What are the advantages and disadvantages?

    submitted by /u/Thundr3
    [link] [comments]

    Everything is on sale.

    Posted: 02 Oct 2019 11:34 AM PDT

    Microsoft looking like a fine buy today.

    submitted by /u/BttShowbiz
    [link] [comments]

    Most Americans go to college in the hopes of a secure financial future. Many don't get it

    Posted: 02 Oct 2019 07:23 PM PDT

    https://www.cnbc.com/2019/10/02/many-former-college-students-dont-earn-more-than-28000-a-year.html

    A secure financial future is what most Americans hope to get with their college degree.

    Yet half of the country's colleges in 2018 left the majority of their former students earning less than $28,000 a year, according to a new report.

    submitted by /u/coolcomfort123
    [link] [comments]

    Dow Drops 300 Points … Fears of a Recession Continue ...

    Posted: 02 Oct 2019 07:23 AM PDT

    Liquidity Providing and Pure Arbitrage Live Example

    Posted: 02 Oct 2019 02:38 PM PDT

    Some of you algo traders out there, or just people interested in crypto arbs, might find this interesting:

    Method using python to provide liquidity and conduct pure arbitrage on Coinfield Exchange

    I gave up some edge here by exposing this arb... I hope people find it interesting and informative (and profitable.)

    submitted by /u/finance_student
    [link] [comments]

    ERBBD may be one of the Biggest Bargains in the Cannabis sector

    Posted: 02 Oct 2019 03:47 AM PDT

    Options traders betting on a bounce in Freeport McMoran

    Posted: 02 Oct 2019 06:14 AM PDT

    Costco investors starting to ring the register. Caution.

    Posted: 02 Oct 2019 04:42 AM PDT

    Bed Bath & Beyond carries huge 52% short interest into earnings.

    Posted: 02 Oct 2019 03:41 AM PDT

    $INVU announces entering cryptocurrency sector. Flying under radar. Check this out

    Posted: 02 Oct 2019 06:38 AM PDT

    https://finance.yahoo.com/news/investview-otcqb-invu-appoints-former-123000679.html?.tsrc=rss

    Mr. Tabacco will lead the Company's expansion into compliant cryptocurrency trading and education products.

    Revenues are growing beyond a typical penny stock. Keep eye on it.

    The Company presented the following achievements for the quarter:
    Positive Cash Flow of $902,970 in the quarter, for the first time in operating history
    Net Subscription Revenue increased 23% for the Quarter vs. the same Quarter last year

    submitted by /u/WarMachineStocks
    [link] [comments]

    Is there an ETF that tracks the convergence/divergence of small and large cap stocks (or growth and value stocks)?

    Posted: 01 Oct 2019 11:05 PM PDT

    Basically, is there an ETF that would, say, increase in value when large and small cap stocks diverge and, say, decrease when the converge - or vise-versa? Same question for growth and value stocks. I guess, worst case scenario, if there isn't any ETF like this, what's the best website for comparing stock charts? It seems like something that would be simple to find but, for me, it's not. Every stock comparison chart I've been able to find is pretty horrible. Thanks.

    submitted by /u/traderlmd
    [link] [comments]

    I am new to investing. This week feel like market is going to crash to the ground for long time. Considering current politics , is this time any different from other times?

    Posted: 02 Oct 2019 08:38 AM PDT

    No comments:

    Post a Comment