DotLots of permabears limping back into the market lately with their tails between their legs despite being 100% sure "we haven't hit bottom yet!" , "we're about to crash!", etc. Very good sign for the market.
At some point, they need to admit they completely missed the falling knife and were out during the quickest bounceback in history and they won't get another chance. Very good lesson for next time there's a sharp bear market down the line.
Nobody in particular. There are a ton in this thread that repeat "its about to drop, I'm sure of it this time" over and over for weeks, hoping to eventually be right. Perhaps not this time.
In another note, CYDY taking a hit this morning. You guys adding more?
I've been posting about trend following for many many years here. The common comment about trend following is that it would take hundreds upon hundreds of hour per year to be able to understand the charts. My answer in these FBG I$PATS was to just demonstrate a very simple means of understanding the current price in relation to trend from a long term investors standpoint taking just a few minutes every month. Ie: Be aligned to the correct side of the market and long term you will come out ahead. Ideally people would have been doing this for many years of this bull market run. That way they would have a good understanding of it. The work I do has slightly more complication than just a 8 SMA on a monthly chart. But again...having a basic road map is better than just guessing. I have stated many many times that a long term chart takes time for a trend to roll over from bull to bear (or bear to bull). The market right now is exhibiting the common characteristics of such a roll. Put another way: It is possible we are in that process now. Most recently the market exhibited similar behavior in the last few months of 2018, but the trend never flipped. Most of the time the trend just moves along and you feel pretty good about your wealth growing. There are times when it is important to pay more attention. There are times when preserving your gains is more important than growing them.What's the best free charting website for stocks? I'm using yahoo finance at the moment but I can't figure out how to add the 8 month SMA and EMA.
I can add the 50 day and 200 day SMA but can't figure out how to add the EMA or the 8 month average.
Is there any way you could tell us what we should see on a 8 sma monthly. I'm looking at VTI and it appears to have moved below the 8ma in late Jan/early Feb and hasn't crossed back above since. That doesn't sound like what you're saying. What am I doing wrong?I've been posting about trend following for many many years here. The common comment about trend following is that it would take hundreds upon hundreds of hour per year to be able to understand the charts. My answer in these FBG I$PATS was to just demonstrate a very simple means of understanding the current price in relation to trend from a long term investors standpoint taking just a few minutes every month. Ie: Be aligned to the correct side of the market and long term you will come out ahead. Ideally people would have been doing this for many years of this bull market run. That way they would have a good understanding of it. The work I do has slightly more complication than just a 8 SMA on a monthly chart. But again...having a basic road map is better than just guessing. I have stated many many times that a long term chart takes time for a trend to roll over from bull to bear (or bear to bull). The market right now is exhibiting the common characteristics of such a roll. Put another way: It is possible we are in that process now. Most recently the market exhibited similar behavior in the last few months of 2018, but the trend never flipped. Most of the time the trend just moves along and you feel pretty good about your wealth growing. There are times when it is important to pay more attention. There are times when preserving your gains is more important than growing them.
You may recall some of my simple rules:
1) NLAWTTAL (Never Let A Winner Turn To A Loser)
1b) The easiest way to retire with a large fortune from the stock market is not to lose a small fortune in the stock market.
That can't be good....
Agree 100%. Shortest recession in history. If you were on vacation or on a cruise, you might not even know it happened. That was a tough one. Glad everything is back to normal now and that there is absolutely nothing standing in the economy's way of going full steam ahead from here on. National debt is under control, dollar has nothing to be concerned about. Everyone is making money! What a great time to be alive.Lots of permabears limping back into the market lately with their tails between their legs despite being 100% sure "we haven't hit bottom yet!" , "we're about to crash!", etc. Very good sign for the market.
At some point, they need to admit they completely missed the falling knife and were out during the quickest bounceback in history and they won't get another chance. Very good lesson for next time there's a sharp bear market down the line.
Nobody in particular. There are a ton in this thread that repeat "its about to drop, I'm sure of it this time" over and over for weeks, hoping to eventually be right. Perhaps not this time.
In another note, CYDY taking a hit this morning. You guys adding more?
wtfI don't know a lot about Culper Research, but there is a trend with them. Start a short position, then post an article. Not their first time doing this to a company, and this isn't their first attack on CYDY either.
Yeah, not the first time and probably won't be the last. There was one in February that didn't amount to much. SP dropped almost .50 cents over a few days in early Feb, maybe around the same time that Culper piece was published. Lots of positive news on the promise of the product since then in March when they discovered it works with some Covid patients. Hasn't flinched much since then until the small drop this morning, which is now back up to around 2.90.I don't know a lot about Culper Research, but there is a trend with them. Start a short position, then post an article. Not their first time doing this to a company, and this isn't their first attack on CYDY either.
1000On a scale of 1-100 how much corruption is there in the stock world?
There is something not mentioned here, and it could be meaningless, but the name above Cool Blue is Bruce Patterson. Is he selling?That can't be good....
So long sad timesAgree 100%. Shortest recession in history. If you were on vacation or on a cruise, you might not even know it happened. That was a tough one. Glad everything is back to normal now and that there is absolutely nothing standing in the economy's way of going full steam ahead from here on. National debt is under control, dollar has nothing to be concerned about. Everyone is making money! What a great time to be alive.
STONKS GO UP!!11one!!
All of those guys are part of the stock exercises(cashless) that the CEO talked about in the conference call. Dr. Patterson's name also came up earlier this week when hit pieces were calling out NP for doing this. The explanation came out and all was well. Now the hit is on Cool Blue LLC about allegedly being part of some investor scheme months ago. They are relentless, that's for sure.There is something not mentioned here, and it could be meaningless, but the name above Cool Blue is Bruce Patterson. Is he selling?
To be fair. I also don't know a lot about Cool Blue Capital. I mean, it is a penny stock after all.I don't know a lot about Culper Research, but there is a trend with them. Start a short position, then post an article. Not their first time doing this to a company, and this isn't their first attack on CYDY either.
Culper is their own deal. Nothing to do with big pharma. They short stocks and then write hit pieces on them to try to make money. As far as I can tell, they're also VERY bad at it.I wonder which other big pharm payroll these guys are on. It's amazing how people do whatever they can to make a buck at the expense of people dying, potentially even themselves.
Gotta love how this whole machine operates.
Stonks go up!! Which is why this needs to become a real stock.
OK ladies. Bernie, Kamala and some Ed Markey guy have introduced the bill that gives each of us low income citizens, $2000 a month, until this runs its course.
https://twitter.com/businessinsider/status/1258778102160936960
Now I can see the market rising bigly on this hoping to suck in much of that extra $2000 we have at inflated stock prices. I mean, mine will go right into the market.
Plus it's retro back to March 1.OK ladies. Bernie, Kamala and some Ed Markey guy have introduced the bill that gives each of us low income citizens, $2000 a month, until this runs its course.
https://twitter.com/businessinsider/status/1258778102160936960
Now I can see the market rising bigly on this hoping to suck in much of that extra $2000 we have at inflated stock prices. I mean, mine will go right into the market.
Nothing's free. Politicians don't seem to understand that.What? Ya hate free money?
A couple of Trillion Dollar coins. They can mint those in a few minutes and wire the $ right into my bank account. Eliminate all state unemployment at the same time since those systems failed magnificently.Curious what the price tag would be on that assuming this runs till March 21 ( realistic).
Add 3 months and we can just assume 24k for every American making under 120k.
Assume 150M Americans @ 24k and that's 3.6 Trillion, right?
THEN we can discuss the effects of trying to wean Americans off that teat...
It is interesting to watch. It's like real life Saul Goodman stuff. One of the "law firms" initiating an investigation today, Federman & Sherwood, lists their address as 10205 North Pennsylvania Avenue, Oklahoma City, OK 73120. Google maps shows an abandoned lot for that address.I wonder which other big pharm payroll these guys are on. It's amazing how people do whatever they can to make a buck at the expense of people dying, potentially even themselves.
Gotta love how this whole machine operates.
Stonks go up!! Which is why this needs to become a real stock.
The GOP aren't the GOP anymore. There are no fiscal conservatives.I might believe it had a slight chance if there was a GOP name on the bill. Only GOP member I've heard suggesting any sort of monthly payment was Romney, but it was $1000/mo. And not sure Romney is considered GOP by the GOP anymore.
Me too. Just wanted everyone to know it could be raining free money soon.And with that, I'll stop the political talk.
Nah. Yours belonged here. Mine's just frustration with abhoring all my political options.Me too. Just wanted everyone to know it could be raining free money soon.
The 8SMA is a very simple method of trend identification. The strengths of it are that a person would never miss a large extended trend. The weakness is that there are times where it can be prone to whipsaw. Whipsaws are the suck. The method I use of trend identification is structured to mostly/hopefully eliminate whipsaw events in a long term trend. The strengths of it are that you don't get whipsawed out of the "true" trend. The weakness is that the exit is often lower than ideal. Personally, I think I can manage the weakness through utilizing trades on different time frames.Is there any way you could tell us what we should see on a 8 sma monthly. I'm looking at VTI and it appears to have moved below the 8ma in late Jan/early Feb and hasn't crossed back above since. That doesn't sound like what you're saying. What am I doing wrong?
At 160, I either heroically double down or sensibly surrender my scalp.TVIX, being such a tease as it dips closer into the 160's
Eventually Fed Bucks are going to be at parity with Schrute BucksOK ladies. Bernie, Kamala and some Ed Markey guy have introduced the bill that gives each of us low income citizens, $2000 a month, until this runs its course.
https://twitter.com/businessinsider/status/1258778102160936960
Now I can see the market rising bigly on this hoping to suck in much of that extra $2000 we have at inflated stock prices. I mean, mine will go right into the market.
If you're talking about mine, that's a second group of leeches looking for a payday.Big League Chew said:that's a Honda post amirite