Stock Market - Could AI eventually beat the market? |
- Could AI eventually beat the market?
- Market open - Tuesday, December 7th, 2021
- Is 2021 the new 2008 for the Real Estate Market?
- Mixed market today! Let’s see how the day is going!? Indices are in green for US, are we going to get a shift from crypto to stocks as crypto is running low on liquidity ? Last year was a boom from end of December to February on stock market!
- Investing with Citadel Advisors Llc be like...
- J&J sponsored trial in rotator-cuff repair injectable in intra-substance tears sees 95% successful reduction in pain and return to function
- Here's Your Daily Market Brief For December 8th
- Arbutus $ABUS - Favorable Court Decision Settlement to come Moderna $MRNA and New Patent
- Another largely green day in the market, with Comcast and some others in deep red
- (12/8) Wednesday's Pre-Market Stock Movers & News
- Trading in shares of Chinese developer Kaisa suspended -HKEX
- Rate my basics of understanding chart patterns
- Matterport (MTTR)
- My explanation of limit and stop orders from a newbie perspective [looking for feedback for my own and others’ learning]
- Here is a Market Recap for today Tuesday, December 7, 2021. Please enjoy!
- Apple Stock Up 3.5% After Secret $275BN Deal With China Revealed
- 3x Vaxxed Only 25% Neutralization After 3 Months Vs Omicron
- PSFE Stock: Paysafe Is a Good Bet for Long-Term Investors | InvestorPlace
- GlobalFoundries Stock Is Taking Off on Ford Chip Deal
- Winc Inc. In Play…Here's Why It May Pay To Invest Ahead Of Tomorrows Earnings Call (NYSE-Amer: WBEV)
- Let the Taco stock pamp
Could AI eventually beat the market? Posted: 07 Dec 2021 11:14 PM PST Algotrading has always piqued my curiosity. But, let's face it, none of us have the data, processing power, or storage that quant businesses do, so anything produced on this platform will fall short. It makes me wonder why bother trying when the house always wins. Users who sell algorithms that do well in backtests, in particular. Given enough time, I believe a well-programmed AI will be able to filter through all of the market's endless intricacies and uncover patterns that will let it not just beat the market, but do so easily. For example, there are folks in r/algotrading who have been programming these types of algos for a long time. Breaking Equity is a popular example. Consider the institutional level, where firms invest significant sums of money in these algorithms and have the capacity to benefit from them. Trading algorithms already exist. Machine learning still has a long way to go, and even then, I'm not sure if it can account for the most important aspect in markets and volatility: human emotion. It will be interesting to see if algos can recreate how emotions and the psychological side of trading can move and effect individual stocks. [link] [comments] | ||
Market open - Tuesday, December 7th, 2021 Posted: 07 Dec 2021 06:34 AM PST
| ||
Is 2021 the new 2008 for the Real Estate Market? Posted: 07 Dec 2021 03:14 PM PST
| ||
Posted: 08 Dec 2021 02:30 AM PST
| ||
Investing with Citadel Advisors Llc be like... Posted: 08 Dec 2021 08:05 AM PST
| ||
Posted: 08 Dec 2021 04:26 AM PST J&J (JNJ) sponsored a little known Australian company, Orthocell (OCC.AX) in a tenocyte (tendon) stem-cell, randomised controlled trial. 4 years ago. It's a small phase II trial, but results show rather remarkable return to function and loss of pain,particularly against the corticosteroid control cohort. Orthocell ATI vs Corticosteroid results OrthoATI™ tendon clinical study success • Study results show that OrthoATI™ is significantly more effective than steroid injection for treatment of rotator cuff tendinopathy with intrasubstance tendon tear • 95% of participants at 12 months post OrthoATI™ treatment reported a level of function of the treated shoulder consistent with a successful outcome after having received an average of 4 failed conservative treatments including physiotherapy and steroid injections • OrthoATI™ patients experienced almost complete resolution of pain by month 1 post-treatment which was sustained over the assessment period • Participants receiving a steroid injection had no meaningful improvement in function, and only a transient improvement in pain at month 3 before returning to pre-treatment levels • 64% of steroid participants withdrew early from the study due to treatment failure. Of these early withdrawals, 86% requested and received OrthoATI™ treatment due to ongoing pain and loss of shoulder function • There are currently no proven long-term non-surgical solutions to treat chronic shoulder tendon injuries A partnered phase III trial with J&J for FDA approval would be the natural next step to the benefit of both companies in an approximate $5 billion mkt in the US alone. [link] [comments] | ||
Here's Your Daily Market Brief For December 8th Posted: 08 Dec 2021 05:49 AM PST 📰 Top News S&P Futures: +0.19%; DOW Futures: +0.17%; Nasdaq Futures: +0.23% US stock futures traded higher Wednesday morning after Pfizer said that three doses of their vaccine are effective at neutralizing the Omicron variant. Biden and Putin square off - US President Joe Biden and Russian President Vladimir Putin held a face-to-face conversation on Tuesday amid growing worries of a Russian invasion of neighboring Ukraine. Note: Biden said that a Russian invasion of Ukraine would bring enormous harm to the Russian economy. Yellen says labor market to remain tight - US Treasury Secretary Janet Yellen says that some labor chain shortages could take a couple of years to resolve, while also stating that there was no evidence of a wage-price spiral. Note: "I don't see any clear evidence that is happening," Yellen said, adding that she was not concerned about the levels of fiscal stimulus added to the US economy to support the Covid-19 recovery. Judge blocks federal vax mandate - A federal judge blocked US President Joe Biden's administration from enforcing a Covid-19 vaccine mandate for employees of federal contractors. Note: The order came in response to a lawsuit from several federal contractors and seven states and applies across the US. 🎯 Price Target Updates Deutsche upgrades Goodyear Tire and Rubber. GT upgraded from HOLD to BUY - $32 (from $29) JPMorgan upgrades Elastic. ESTC upgraded from NEUTRAL to OVERWEIGHT - $156 Evercore ISI downgrades Stitch Fix. SFIX downgraded from OUTPERFORM to IN LINE - $24 (from $68) 📻 In Other News Emirates switches up workweek - The United Arab Emirates (UAE) and its international finance hub, Dubai, are switching to a four-and-a-half day work week ending at midday on Friday to make it easier to do business globally. The UAE, which is predominantly Muslim, said that work will end at 12 pm local time on Friday to allow citizens to attend prayers. Note: The change will take effect on January 1st, 2022, and will apply to government employees and schools. Microsoft to change hiring practices after being labeled discriminatory - Microsoft will update its hiring practices after the US Department of Justice found the company demanded more information than necessary on the citizenship status of job applicants. According to the DOJ, between 2018 and 2020, Microsoft violated federal law by asking 6 or more lawful permanent residents to reverify their permission to work in the US. Note: The company will pay a small fine to the US Treasury and has agreed to stop certain practices. Amazon cloud outage disrupts major websites, streaming services - A major outage disrupted Amazon's cloud services on Tuesday, knocking out platforms such as Netflix and Disney+, while also affecting a wide range of apps such as Robinhood and Amazon's own e-commerce website. Note: Amazon said the outage was related to network devices and linked to APIs used for integrating third-party software. 📅 This Week's Key Economic Calendar WEDNESDAY*: JOLTS Job Openings (October)* THURSDAY*: Initial jobless claims (week ending Dec 4)* FRIDAY*: CPI MoM (Nov), CPI YoY (Nov)* 📔 Snippet of the Day Quote of the day: "The four most dangerous words in investing are 'this time it's different' " -Sir John Templeton [link] [comments] | ||
Arbutus $ABUS - Favorable Court Decision Settlement to come Moderna $MRNA and New Patent Posted: 08 Dec 2021 06:51 AM PST ABUS MEGA PLAY IN MAKING FOR 2022? This case has been ongoing for the last few years and expect Arbutus $ABUS holders are now very close to a settlement . A court ordered settlement would not be as favorable for the patent violators like Moderna . Last week Moderna $MRNA lost its 2nd and final appeal when the court disagreed and upheld Arbutus' patent claims. I would expect Moderna to try to settle out of court and very quickly which could be a fundamentally earth shattering change to $ABUS fundamentals as it could represent billions received for damages It is important to note that while this law suit is involving Moderna but it gives Arbutus precedence to go after any other company who infringed on its patent for #Mrna In addition to settlement payments due, ABUS would also be receiving ongoing revenue from any company using #Mrna not just with vaccines but with any other application ie cancer immunotherapy etc Considering $ABUS owns the patent for the #Mrna technology market cap is only 550 Million with Shares Outstanding 101.29M while $MRNA doesn't own the patent for the #Mrna technology market cap is 113 Billion with Shares Outstanding 404.00M This comparison would suggest that Moderna who doesn't even own the patent is valued at about 200 Times higher then Arbutus When doing that math we realize how much upside potential ABUS has down here under 5, when it would just take a 10 times increase in market cap for ABUS to be a 50+ stock This is why I think this analysts target of 9 dollars is so low its laughable considering he doesn't even take into the effect of the latest new patent news ABUS just put out Arbutus: Still Plenty of Upside Left Following Favorable Court Decision https://finance.yahoo.com/news/arbutus-still-plenty-upside-left-180840995.html New Patent Milestone News :: Arbutus Biopharma, X-Chem and Proteros biostructures Achieve First Milestone Under COVID-19 Discovery Research and License Agreement https://finance.yahoo.com/news/arbutus-biopharma-x-chem-proteros-123000694.html ABUS MEGA PLAY IN MAKING FOR 2022? I think its quite possible what do you think? Please comment below IMO DYOR Happy Holidays All -PetroStationSushi [link] [comments] | ||
Another largely green day in the market, with Comcast and some others in deep red Posted: 07 Dec 2021 01:51 PM PST
| ||
(12/8) Wednesday's Pre-Market Stock Movers & News Posted: 08 Dec 2021 05:24 AM PST Good morning traders and investors of the r/StockMarket sub! Welcome to Wednesday! Here are your pre-market stock movers & news on this Wednesday, December 8th, 2021-Stocks are set to gain for a third day after Pfizer says 3 vaccine doses neutralize omicron
STOCK FUTURES CURRENTLY:(CLICK HERE FOR STOCK FUTURES CHARTS!)YESTERDAY'S MARKET MAP:(CLICK HERE FOR YESTERDAY'S MARKET MAP!)TODAY'S MARKET MAP:(CLICK HERE FOR TODAY'S MARKET MAP!)YESTERDAY'S S&P SECTORS:(CLICK HERE FOR YESTERDAY'S S&P SECTORS CHART!)TODAY'S S&P SECTORS:(CLICK HERE FOR TODAY'S S&P SECTORS CHART!)TODAY'S ECONOMIC CALENDAR:(CLICK HERE FOR TODAY'S ECONOMIC CALENDAR!)THIS WEEK'S ECONOMIC CALENDAR:(CLICK HERE FOR THIS WEEK'S ECONOMIC CALENDAR!)THIS WEEK'S UPCOMING IPO'S:(CLICK HERE FOR THIS WEEK'S UPCOMING IPO'S!)THIS WEEK'S EARNINGS CALENDAR:($CHPT $GME $LULU $CHWY $COST $AZO $RH $SAIC $LOVE $AVGO $DLHC $PATH $COUP $MDB $ASO $DBI $THO $ORCL $PLAY $CBP $SFIX $HRL $S $CONN $SUMO $SOL $UNFI $KFY $GTLB $CIEN $ALCO $PD $TOL $HQY $CASY $CNM $VRA $GEF $JW.A $ALOT $PLAB $AOUT) (CLICK HERE FOR THIS WEEK'S EARNINGS CALENDAR!)THIS MORNING'S PRE-MARKET EARNINGS CALENDAR:($LOVE $THO $CPB $UNFI $KFY $VRA $ALOT $PLAB $WEBR $BF.B $CTK $NETI $DTC $GASS) (CLICK HERE FOR THIS MORNING'S EARNINGS CALENDAR!)EARNINGS RELEASES BEFORE THE OPEN TODAY:(CLICK HERE FOR THIS MORNING'S EARNINGS RELEASES!)EARNINGS RELEASES AFTER THE CLOSE TODAY:(CLICK HERE FOR THIS AFTERNOON'S EARNINGS RELEASES!)YESTERDAY'S ANALYST UPGRADES/DOWNGRADES:(CLICK HERE FOR YESTERDAY'S ANALYST UPGRADES/DOWNGRADES LINK #1!)(CLICK HERE FOR YESTERDAY'S ANALYST UPGRADES/DOWNGRADES LINK #2!)(CLICK HERE FOR YESTERDAY'S ANALYST UPGRADES/DOWNGRADES LINK #3!)YESTERDAY'S INSIDER TRADING FILINGS:(CLICK HERE FOR YESTERDAY'S INSIDER TRADING FILINGS!)TODAY'S DIVIDEND CALENDAR:(CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #1!)(CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #2!)THIS MORNING'S MOST ACTIVE TRENDING TICKERS ON STOCKTWITS:
THIS MORNING'S STOCK NEWS MOVERS:(source: cnbc.com)
FULL DISCLOSURE:
DISCUSS!What's on everyone's radar for today's trading day ahead here at r/StockMarket? I hope you all have an excellent trading day ahead today on this Wednesday, December 8th, 2021! :)[link] [comments] | ||
Trading in shares of Chinese developer Kaisa suspended -HKEX Posted: 07 Dec 2021 05:30 PM PST
| ||
Rate my basics of understanding chart patterns Posted: 08 Dec 2021 08:10 AM PST
| ||
Posted: 07 Dec 2021 07:34 PM PST Hey guys what do you guys think about this Matterport as long term investment. I've been researching them for most of the day and their way do recreating a room, building, house, or whatever the space is cool. I have noticed that Matterport and Meta have come into contact to try and establish some sort of connection and specially with this building of the meta verse it can lead to good things. Their business strategy tends to revolve around the membership that starts out for free but you can then upgrade along the way if you would that can vary for price ranges 10-300. There's a lot more left to discussed as they're in still in the young days, considering the stock price just took a major dip which could just be a great buy in opportunity. [link] [comments] | ||
Posted: 08 Dec 2021 06:45 AM PST Over the past years, I've had to remind myself of the differences between limit and stop orders. At this point, I figure I should actually learn—i.e. understand and memorize—this stuff and one of the best ways to do that is to write about it, particularly in one's own words. My request: For those more knowledgeable, can you vet the below and point out anything you consider to be false? I've also indicated with superscripts specific uncertainties I'd like addressed. Context: Most articles and videos online explain these things in a top-down fashion; I'll be doing so bottom-up instead. An example of bottom-up is teaching calculus by first starting with its prerequisite courses like arithmetic, trigonometry, and logarithms; top-down would be the reverse, starting with calculus and then logarithms and so on. For investment newbies, I think that bottom-up explanations are more conducive to understanding because it only progresses after prerequisite knowledge is established; in contrast, top-down explanations are a process of backwards-engineering, and as such, won't be intelligible until the audience recognizes each idea's correspondence with their experiences, which vary wildly from individual to individual. I'm also primarily writing from the context of common newbie questions and confusions, in part because I'm a newbie myself and had to do a lot of thinking to address them as most sources don't, at least not directly. A particularly interesting observation is that many sources explain the functional differences but there is wide variability in identifying operational differences; I share what I think is the ~essential~ operational difference in section O.2. A fundamental premise that is key to understanding the differences between the various order types:All order types—whether market, limit, stop, stop-market (also called "stop-loss" or simply "stop"), or stop-limit—are not instantly executed. Upon placing an order, it awaits certain activating conditions specific to that order, and when activated, it is added to a queue among other market orders and execution doesn't happen until it's the order's turn1. Along with a delay between placing and activating orders, there's a second delay between activating and executing orders. This is key because other trades that execute during this second delay—while your order waits in the queue for its turn to execute—can significantly influence the market price and thereby introduce different types of risks depending on the order type (more on this later). The resulting price difference between the initial market price (when an order is activated) and the executing market price (when it's the order's turn in the queue to execute) is much more likely to increase in both frequency and amount when the market opens because the duration of time between the market closing and opening is typically vastly more than between trades during market hours; this is because the more time passes, the more potential market influences occur such as earnings announcements and other certain news reports. Fundamental differences between limit and stop orders:
(O.1) Both limit and stop orders are activated when the market price is at least the price threshold specified by the limit or stop prices. Whether that threshold extends towards increasing or decreasing prices is specified by whether the order is a sell or buy respectively. For example, sell limit orders have limit prices above the market price and what activates the order is any new market price that is identical or above that specified threshold; buy limit orders have limit prices below the market price and what activates the order is any new market price that is identical or below that specified threshold. (O.2) The fundamental operational difference between limit and stop orders is that limit orders perform a second price check when it's the order's turn in the queue to execute (recall that an activated order is first added to a queue and execution doesn't occur until it's the order's turn).
(A.1) This second price check guarantees that the execution price, if realized (the next section explains), will always be at least the limit price. In other words, limit orders guarantee the same or better market price if executed:
(R.1a) Because limit orders are not executed unless the second price check passes, limit orders may not be executed despite being activated: After activation, the delay between activation and execution inherent in all order types—limit orders included—creates the possibility of the market price changing such that the new market price is no longer at least the price threshold (as explained earlier, this most likely happens when the market opens due to typically vastly longer period of time between the market closing and opening). (R.1b) Even if a limit order is executed, it may only be partially filled because while fulfilling a portion of the order, the market price may change such that the newer market price is no longer at least the price threshold. (R.1c) Some brokers may have fees such that if filling a limit order is split into multiple trades, the fees increase such that your gains are lower than if you had placed a market order. (R.2a) Because stop orders don't have this second price check, the market price may change during the aforementioned delay between activation and execution such that the new market price is not at least the price threshold. (R.2b) Some brokers may have fees such that if filling a stop order is split into multiple trades, the fees increase such that your losses are higher than if you had placed a market order.
(W.1) That second price check is only advantageous when one wants to maximize gains; when minimizing loss, the second price check is disadvantageous. For example, instead of selling when the market price increases to a certain threshold to maximize gain, one may want to sell when the market price drops to a certain threshold to minimize loss; with the latter, a second price check almost guarantees a larger loss (it is far more likely that the market price exceeds to the price threshold)! In contrast, not having a second price check allows for the execution price to be either at least or not at least the price threshold.2, 3
(F.1) Limit orders are designed to maximize gain. But this doesn't stop anyone from misusing them, i.e. using them to minimize loss, and instead risk larger losses.4 (F.2) Stop orders are designed to minimize loss. But this doesn't stop anyone from misusing them, i.e. using them to maximize gain, and instead risk suboptimal gain at best or a loss at worst.5 (F.3) Every explanation I've encountered uses a top-down approach, starting with a functional explanation. That tends to confuse newbies because it begs more questions than provide answers; this doesn't happen with veterans because they already understand the fundamentals (i.e. the prerequisite knowledge) so a functional explanation alone enriches understanding. My hope is that starting with an operational explanation and explaining its implications (i.e. the "how" and "why") provides the prerequisite knowledge (i.e. the prerequisite context) to more easily understand the functional end point. If you found this more confusing, let me know so I can recalibrate and learn from my mistakes. Things I need confirmation on: 1 Is the sequence in which orders in the queue are executed always first-come-first-serve? "Sequence" is an odd choice of words but I want to avoid confusion between "market order" and "sequential order." 2 Is this accurate? 3 Are there other situations where stop orders are more optimal than limit orders? 4 Is this accurate? 5 Is this accurate? [link] [comments] | ||
Here is a Market Recap for today Tuesday, December 7, 2021. Please enjoy! Posted: 07 Dec 2021 01:53 PM PST PsychoMarket Recap - Tuesday, December 7, 2021 Wrote this on Friday's Recap: "On a personal note, I am taking this opportunity to do some very small dip buying. As usual I believe the market is overreacting (as it tends to do). While it is important to acknowledge the risks present in the market, and be prepared to act if they arise, I personally believe Omicron fears are overblown (I remember we had the same song and dance when Delta was first discovered). More concerning is the Fed's change in attitude towards inflation. That said, the only thing discussed so far has been accelerating the timeline for tapering asset purchases. As I have said for months at this point, I am not worried about tapering. If/when the Fed begins discussing raising interest rates, then I will step back and reassess." My point with highlighting is this: the market loves to overreact. Do your own research, stick to your convictions, never listen to mainstream media, but be prepared to react to anything. The market loves overreacting, both to the upside and downside, reality is always somewhere in the middle. Stocks extend gains from yesterday with a huge bounce today after new Omicron data coming out of South Africa suggests the severity of the variant is less than originally expected and looked ahead towards the monthly Consumer Price Index, set to be released later this week, which will give us more information regarding the pace and potential staying power of inflation. In other news, the People's Bank of China recommitted to accommodative monetary policy in the country in an effort to stimulate growth. This is notable at a time when other Central Banks across the world are tightening policy. Notable Numbers Today
Some encouraging developments about the Omicron variant helped boost risk assets today. During an appearance on CNN today, Fauci said that preliminary data and reports coming out of South Africa, where Omicron was originally discovered November 24, suggest the severity of the virus is not as bad as originally feared. Fauci said, "Clearly, in South Africa, omicron has a transmission advantage. And although it's too early to make any definitive statements about it, thus far it does not look like there's a great degree of severity to it. But we've really got to be careful before we make any determinations that it is less severe, or really doesn't cause any severe illness comparable to delta, but thus far the signals are a bit encouraging regarding the severity." China's Central Bank cut its capital reserve requirement ratio for banks in the region, meaning they could lend out more money and boost growth. This is interesting given most other Central Banks around the world, including the US, have started tightening monetary policy. After a massive 25% spike in the Volatility Index (VIX) last week, the fear index lost all its gains in two trading days, a sign that market participants remain bullish and eager to buy up any dips in the market. Alongside concerns of the Omicron variant, investors have also been ascertaining when and how robustly the Federal Reserve will move to accelerate its asset-purchase tapering program and raise interest rates from their current near-zero levels as inflationary pressures continue to mount. On Friday, the Labor Department is set to release its November Consumer Price Index (CPI), which is expected to show the fastest year-over-year rise in core consumer prices since 1991, at a 4.6% annual gain. Tech and growth stocks are the longest-duration assets, which means they're going to be the most negatively impacted in valuation by any bump up in inflation which would take interest rates up. But on the other hand, what the Fed is doing and is even talking about doing, which is going from accommodative to more restrictive monetary policy, is known." Highlights
"Don't judge each day by the harvest you reap but by the seeds that you plant." -Robert Louis Stevenson [link] [comments] | ||
Apple Stock Up 3.5% After Secret $275BN Deal With China Revealed Posted: 08 Dec 2021 05:04 AM PST
| ||
3x Vaxxed Only 25% Neutralization After 3 Months Vs Omicron Posted: 08 Dec 2021 01:09 AM PST 3x Vaxxed Only 25% Neutralization After 3 Months Vs Omicron Click translate tweet for English. (German Source)
This is inline with the latest from Denmark, showing near 0 protection in a real world study
Even this small triple vaxxed dataset from Israel showing the same
Guateng Province, South Africa (Omicron Epicenter) Hospitalizations Data source. Click the Guateng checkbox. Saucey
This is not priced and very bad for world economies and stocks. [link] [comments] | ||
PSFE Stock: Paysafe Is a Good Bet for Long-Term Investors | InvestorPlace Posted: 07 Dec 2021 01:03 PM PST
| ||
GlobalFoundries Stock Is Taking Off on Ford Chip Deal Posted: 07 Dec 2021 09:52 AM PST
| ||
Winc Inc. In Play…Here's Why It May Pay To Invest Ahead Of Tomorrows Earnings Call (NYSE-Amer: WBEV) Posted: 07 Dec 2021 07:55 AM PST
| ||
Posted: 08 Dec 2021 07:23 AM PST There was the Del Taci buyout just several days ago, Taco pumped 66% in one day. Ever since that day Taco has been holding those gains and consistently trading at 12.5$ exactly. Rarely more and rarely less. The shorts are trying to take over and they can't. It is time for us to all band together and pamp Taco to the next level. 😋 If Taco hits 15$, Taco 12.5$ calls will be worth 1000% more than they are right now. I say we all buy 100 shares and covered calls. Pampit right past the buyouts numbers and make them buy all our shares at an even higher price. Let's make the shorts squeeze and eat Tacos in victory after 🚀 [link] [comments] |
You are subscribed to email updates from r/StockMarket - Reddit's Front Page of the Stock Market. To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
Google, 1600 Amphitheatre Parkway, Mountain View, CA 94043, United States |
No comments:
Post a Comment