++AAPL. I think that the unwashed masses will all wisely invest their stimulus checks into iPhones.
Honestly, fiscal policy should really be adjusted to just simply mail iPhones instead of checks. Maybe they could cut a deal with AAPL for 5% off or something.
For shame! How could you speak ill of Elon? He steadfastly stood behind us as we squeezed GME, he just made a huge a buy of BTC, and he even made a flamethrower! He's basically a 99%-er; he's part of the family!
What he said. :confused:
Probably true of any arbitrage like this. In today's electronified markets the algos eyes are humming away in nanosecond speeds at colos looking for exactly these types of imbalances.
Yeah after the 2008 crisis they clamped down on two things: loans for either trading or house flipping.
The bank asked me for 20 YEARS of trading records!
Looks like with unlimited power to print money, unlimited money will be printed. Is the money printing is spinning out of control?
Where is the inflation? There should be some inflation given what's going on. Gold should not be dropping price! Not to sound like a gold bug, but I think we're...
I'm certainly no Elon Musk, but why can't we just send some spaceship bees to mine gold, silver, nickel, lithium, cobalt, et alia and toss it back to earth with some parachutes? Didn't we just land a rover on mars? I don't see what the problem is.
Yes EVs can maintain a niche market in luxury, but only when they've penetrated the standard vehicle market will they be able to supersede ICEs.
I think that Honda and Toyota are best-positioned to really disrupt the market. I won't buy a Tesla EV because I just don't trust the name; in my mind...
I own a Honda, and love it. I stopped by my local dealer, and asked about an all-electric--my idea of fun for a Saturday afternoon
Word on the street is that an all-electric is planned for 2024 or 2025. Right now they offer the Clarity plug-in hybrid, but meh.
Honda will be a BEAST for EVs...
Heya Folks,
I heard on BB that Copper is moving. I looked at the CPER index and, indeed, it's up a nice percent since Feb 01. A couple questions:
1. What moves the price of copper?
- Why the longer-term uptrend and recent pop?
2. What is the primary copper index?
- Typically I look to the...
tl;dr: I don't think you're going to find much alpha here.
You really don't have an edge in any trade; each is really a coin toss, with fees. Additionally, this trading style underwent quantitative analysis and was written as an algorithm years ago. Citadel et alia have algos churning in...
yw. If you're going to do this make sure you read up on Bollonger Bands, and Mean Reversion. Also, dig out your old Stats textbook and read up on mean median mode standard deviation bell curve moments and the like.
...because ultimately your buy/sell decisions will be based on distance from a...
Basically a series of small Mean Reversion trades, similar to Bollinger Bands.
I've tried something like this. In 2015 I wrote an algo to trade in this manner. I took a hit, because the instrument (GS, if memory serves) made a sharp move against me to a new price level, and put me in a deep...