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Post by huh on Aug 7, 2017 7:46:26 GMT -5
10 things you need to know before the opening bell A bunch of indicators are warning of 'a break in the stock market.' "The market capitalized indexes are dominated by names such as Amazon, Microsoft and Johnson and Johnson," according to Brad Lamensdorf, the portfolio manager of the short-only Ranger Equity Bear ETF. "The good performance of these large companies is masking the fact that many stocks, including REITS and those in the retail sector, have already entered bear market territory." US dollar positioning turns net short. Long positioning in the dollar fell by $2.9 billion last week, leaving net positioning short for the first time since May 2016, according to Friday's Commitment of Traders report released by the Commodity Futures Trading Commission. North Korea gets hit with sanctions. On Saturday, the United Nations slapped sanctions on North Korea that could cost the country $1 billion a year. The UK puts a figure on its Brexit bill. The UK is prepared to pay the European Union 40 billion euros ($47.1 billion) to settle its accounts before departing, the Sunday Telegraph reports. Sprint and T-Mobile are talking about a merger — again. The two wireless phone operators have restarted talks after Sprint's exclusive negotiating period with Comcast and Charter Communications expired at the end of July, Bloomberg's Alex Sherman and Scott Moritz report. Bitcoin surges to a new high. The cryptocurrency hit a record of $3,292 a coin on Monday. Berkshire Hathaway's profit drops 15%. The Warren Buffett-led conglomerate's profit fell 15% as underwriting losses offset railroad gains. Stock markets around the world are mixed. Australia's ASX (+0.97%) led the overnight gains, and Germany's DAX (-0.41%) trails in Europe. The S&P 500 is set to open little changed near 2,477. Earnings reports keep coming. Tyson Foods reports ahead of the opening bell, while Avis Budget and CBS release their quarterly results after markets close. US economic data is light. Consumer credit will cross the wires at 3 p.m. ET. The US 10-year yield is up 1 basis point at 2.28%. www.businessinsider.com/opening-bell-august-7-2017-2017-8
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Post by huh on Aug 7, 2017 7:47:12 GMT -5
10 things in tech you need to know today 1. A senior engineer at Google wrote a manifesto against diversity and employees are furious. The manifesto criticizes company initiatives aimed at increasing gender and racial diversity and argues that Google should instead focus on "ideological diversity." 2. Apple will reportedly release an Apple Watch with its own internet connection by the end of the year. The new Apple Watch could also get a redesign. 3. Amazon is thinking about building mobile drone stations on trains, vans, and boats. A new patent filing by the company outlines a way to fit mobile drone maintenance stations on trains and container ships. 4. Apple's months-long AirPod shortage is finally starting to end. It increased production capacity for the AirPods and the wait time is going down. 5. Travis Kalanick has hired an advisory firm to fix his image. The company, Teneo, confirmed that it has been hired by the former Uber CEO. 6. Apple is reportedly claiming one third of Samsung's current OLED display production for the iPhone 8. Machines will operate with a 60% yield and churn out about 79 million displays for Apple to make iPhone 8s with. 7. Google wants to use artificial intelligence to hide crashing Android apps on the Play Store. Apps that are found to crash a lot will be downranked in charts. 8. Amazon relisted Blu smartphones on its site after a "false alarm." It originally suspended sales of the devices because of concerns that the phones collected user data. 9. A mysterious driverless minivan was spotted driving around the DC area. There were no humans in the front seats. 10. It looks like Spotify is finally coming to the Xbox. Leaks revealed what the application will look like. www.businessinsider.com/10-things-in-tech-you-need-to-know-today-august-7-2017-8
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Post by Herceg on Aug 7, 2017 9:27:09 GMT -5
It seems as everyone must by hungover or something............
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Post by walnut on Aug 7, 2017 9:39:28 GMT -5
I'm working on a scam autotrader bot to scalp better than I can. Difficult...
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Post by ipath on Aug 7, 2017 12:23:25 GMT -5
I'm working on a scam autotrader bot to scalp better than I can. Difficult... nice! what program/platform are you using?
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Post by Herceg on Aug 7, 2017 12:33:08 GMT -5
Mkt. not moving a lot, but there are some stocks out there with some rather rich valuations.............NVDA, WB and TTWO just to name a few........mkt. moving at snail pace but these and others continue to rise..................I saw some post a lawsuit for AAOI last week after the big drop..............seems like everybody expects things to go up and if not, they turn around and file suit................talk about entitlements..............LOL
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Post by walnut on Aug 7, 2017 12:36:50 GMT -5
I'm working on a scam autotrader bot to scalp better than I can. Difficult... nice! what program/platform are you using? I am trying to adapt JBookTrader running on IB TWS to work for the type of shorting that I have had a little luck doing. It does not have the right indicators, I found a nice Jar library that has lots of indicators, am testing to see if they are correct and they stream properly. I have quite a bit of work to get it to do the things I want. I don't want to have to write the java for the indicators
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Post by walnut on Aug 7, 2017 12:42:18 GMT -5
I had changed the open source program JArbitrager to do a kind of pairs scalping a couple of years ago and had worked all this weekend on that platform and realized that JBookTrader was the better choice to work with. No one but me has messed with JArbitrager since 2015 I don't think, a dead project. My program didn't really make gains. Going to call the new program "JVolatilityTrader" I just hope it makes money, doesn't matter what you call it...
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Post by ipath on Aug 7, 2017 13:11:19 GMT -5
nice, I will have to look into it. I always wondered if there are platforms that would execute orders based on if-then statements involving multiple variables. I cant always babysit my trades
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Post by ipath on Aug 7, 2017 13:13:59 GMT -5
I wrote last week about unusually high option activity in EXPR, ended up buying the stock and some call options mimicking the unusual trade I noticed. The stock is up from 5.95 to 6.49.. it dropped a bit now but it reached 6.49 earlier
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Post by walnut on Aug 7, 2017 13:17:02 GMT -5
Nice trade, good job
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Post by walnut on Aug 7, 2017 13:19:44 GMT -5
nice, I will have to look into it. I always wondered if there are platforms that would execute orders based on if-then statements involving multiple variables. I cant always babysit my trades Yes, exactly. And if you are using 2 or more variables plus conditions, then if-then statements become very useful. And a program is disciplined and unemotional. And frees you to do something else. Just include stops and safety catches. The danger is form fitting your indicators to a desired result, then finding that your program does not replicate that as conditions change even a little. Easy to fool yourself.
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Post by walnut on Aug 7, 2017 13:29:21 GMT -5
And FWIW, looking through a bunch of indicators today, some are saying that VXX is about to move....up...
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Post by ipath on Aug 7, 2017 13:36:35 GMT -5
nice, I will have to look into it. I always wondered if there are platforms that would execute orders based on if-then statements involving multiple variables. I cant always babysit my trades Yes, exactly. And if you are using 2 or more variables plus conditions, then if-then statements become very useful. And a program is disciplined and unemotional. And frees you to do something else. Just include stops and safety catches. The danger is form fitting your indicators to a desired result, then finding that your program does not replicate that as conditions change even a little. Easy to fool yourself. Do these work for after hour trading as well or just regular session?
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Post by walnut on Aug 7, 2017 13:47:01 GMT -5
You can, whatever you have your program set up to do, if you have your broker account set up that way, with data and trading. I don't know if you know java but if you do, then you can do some pretty cool things.
Interactive Brokers has a very excellent API that encourages you to write autotrading programs. I doubt that other brokers have anything nearly as good for that.
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Post by walnut on Aug 7, 2017 13:49:09 GMT -5
Seems like VXX running out of steam already.
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Post by ipath on Aug 7, 2017 14:24:33 GMT -5
You can, whatever you have your program set up to do, if you have your broker account set up that way, with data and trading. I don't know if you know java but if you do, then you can do some pretty cool things. Interactive Brokers has a very excellent API that encourages you to write autotrading programs. I doubt that other brokers have anything nearly as good for that. I am generally good with programming, mostly in SQL and SAS, took java back in school and never used it again but definitely interested in exploring those options. Thanks
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Post by ipath on Aug 7, 2017 14:25:17 GMT -5
Seems like VXX running out of steam already. I thought that changing the avatar will help VXX fly by chasing away the bulls but not working yet
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Post by ipath on Aug 7, 2017 14:25:43 GMT -5
Anyone knows whats up with Mist?
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Post by walnut on Aug 7, 2017 14:32:05 GMT -5
I got a text from him. Seems like he's taking the day off to wait for his long vxx to come up
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