9 Best Forex Trading Blogs To Follow - Wetalktrade

Algorithmic Trading

A place for redditors to discuss quantitative trading, statistical methods, econometrics, programming, implementation, automated strategies, and bounce ideas off each other for constructive criticism. Feel free to submit papers/links of things you find interesting.
[link]

Bitcoin for Beginners

Bitcoin for Beginners is a subreddit for new users to ask Bitcoin related questions. **Do not respond to strangers direct messaging you, as over 99% of these people are Scammers.** This subreddit allows open discussion where peer review occurs. /BitcoinBeginners is not for posting new websites, memes, faucets, affiliate links, news, concern trolling, blog articles, or promoting altcoins and ICOs. **Bitcoin related Questions only** No url shorteners (auto spam)
[link]

Skycoin

Skycoin Official Reddit Community - Cryptocurrency 3.0 - Building the new Internet, a better blockchain, and a truly decentralized cryptocurrency.
[link]

Price Action Trading Ebooks — FX Tradernet | Forex und Currency Trading Blog

Price Action Trading Ebooks — FX Tradernet | Forex und Currency Trading Blog submitted by fxtradernet to Forex [link] [comments]

Binance Adds Nigerian Naira as Its First African Currency for P2P Trading | Binance Blog

Binance Adds Nigerian Naira as Its First African Currency for P2P Trading | Binance Blog submitted by ilir_binance to binance [link] [comments]

Bankera continues to make Banker token (BNK) trading more convenient! We are excited to announce that this week Bankera’s home currency will be available on one more cryptocurrency exchange – IDAX. More information regarding the listing is available in our newest blog post:

Bankera continues to make Banker token (BNK) trading more convenient! We are excited to announce that this week Bankera’s home currency will be available on one more cryptocurrency exchange – IDAX. More information regarding the listing is available in our newest blog post: submitted by Bankera_Team to Bankera [link] [comments]

So a question. Assuming Request Network do get implemented as a payment interface on e-commerce blogs and websites. Can the buyer and the seller trade in US Dollar or any other FIAT currency, while using Request Network?

submitted by thekcoinz to RequestNetwork [link] [comments]

Bitcoin Trading Rising to Be the New Forex, Reports Expert Currency Trader at the Winner’s Edge Trading Blog

Bitcoin Trading Rising to Be the New Forex, Reports Expert Currency Trader at the Winner’s Edge Trading Blog submitted by xezirone to Bitcoin [link] [comments]

Shift from US Dollar to basket of currencies for trading oil | China Security and Intelligence Blog 中国保卫情报博客

submitted by chinasecurity to news [link] [comments]

Bitcoin Blog | The Bitcoin Trader: Kraken.com to Offer Digital Currency Trading Services in Exclusive EU Partnership with Fidor Bank AG

Bitcoin Blog | The Bitcoin Trader: Kraken.com to Offer Digital Currency Trading Services in Exclusive EU Partnership with Fidor Bank AG submitted by ohanami to Bitcoin [link] [comments]

[UK] [RP] From Serf To Vassal - Open World Blogs Life Is Feudal Server - 1 Island, A King, 4 Lords, 4 Religions, 16 Counties, Taxes, Tournaments, Events, RP, The Domesday Book, Currency & Trade, Murderers & Bandits and more...

submitted by sensusmoon to LiFServers [link] [comments]

Hi guys I will be posting trade setups on my new blog for currencies and stocks please check it out. Thanks. It is free and i am not selling anything.

Hi guys I will be posting trade setups on my new blog for currencies and stocks please check it out. Thanks. It is free and i am not selling anything. submitted by deelefa to Forex [link] [comments]

Wall Street Week Ahead for the trading week beginning September 21st, 2020

Good Saturday morning to all of you here on wallstreetbets. I hope everyone on this sub made out pretty nicely in the market this past week, and is ready for the new trading week ahead.
Here is everything you need to know to get you ready for the trading week beginning September 21st, 2020.

Markets are expected to be choppy, but dip buyers could be looking at tech favorites in week ahead - (Source)

After another week of losses, tech could be at the heart of a tug of war as dip buyers look for bargains in some of their favorite names and others see the group as still too frothy.
In the past week, the S&P 500 and Nasdaq were both down about 0.6%, the third losing week. It was the S&P 500′s longest losing streak since October. Tech was broadly lower, with Amazon and Facebook both down 5% for the week. Information technology shares lost 1% but communications which includes Facebook and Google fell 2.3% for the week.
“I think every time you’ve had a significant pullback in the familiar names, that tends to draw in more money,” said Ed Keon, chief investment strategist at QMA. “You’ve had a little rotation toward value. That’s a healthy sign for the market. I don’t think that’s an unhealthy market even though stocks look pricey. Given how low interest rates are, stocks look like the only game in town.”
There are also a number of Fed speeches, but the most important will be the appearances by Fed Chairman Jerome Powell before three Congressional committees. At two of those, Tuesday and Thursday, Powell appears with Treasury Secretary Steven Mnuchin to discuss coronavirus aid.
Art Hogan, chief market strategist at National Securities, said he does not expect much from Powell after his comments following the Fed’s meeting this week, though the central bank chairman is likely to once more tell Congress fiscal stimulus is needed to help the economy recover.
Keon said it would be positive if there could be another stimulus deal but the market no longer expects it. “If we do get a deal, that would be really positive. I think at this point, there’s a little bit of a slowdown in news. We still have a ways to go before we get into earnings warnings season. We’re going to worry more about the presidential election and its aftermath,” said Keon.
Keon said investors are increasingly focused on the election and the potential for an uncertain outcome, as states deal with large amounts of mailed ballots for the first time. He said the concern is it could take weeks or months to determine the outcome if the race is close.
“It’s still six weeks to the election. We haven’t had the debates yet. That six weeks is a lifetime. Biden seems to be the favorite at this point, but I don’t think the market is betting on anything but higher volatility,” Keon said. President Donald Trump and former vice president Joe Biden hold their first debate Sept. 29.
“I think volatility is the norm, not the exception, until we get through the election,” said Hogan.
Investors have been hedging against extended volatility after the election. Patrick Kernan, who trades S&P options with Cardinal Capital, said the flow into S&P 500 options for January has been steady over the past several days. “The options markets are implying a contested election that could last until January,” he said. He said the market is not positioning around one candidate or other, just uncertainty.
Goldman Sachs strategists noted Friday that investors have pushed out some hedging further into November, though some investors appear to be betting on an outcome by Dec. 8, the date states with contested elections have to report.
There are also a few important reports on the economic calendar, including housing data on existing home sales Tuesday and new home sales Thursday. “The housing market has been solid and hopefully, we’ll get confirmation of that because people were upset by the decline in housing starts,” said Hogan.
Manufacturing PMI is released Wednesday and durable goods are reported Friday.

This past week saw the following moves in the S&P:

(CLICK HERE FOR THE FULL S&P TREE MAP FOR THE PAST WEEK!)

Major Indices for this past week:

(CLICK HERE FOR THE MAJOR INDICES FOR THE PAST WEEK!)

Major Futures Markets as of Friday's close:

(CLICK HERE FOR THE MAJOR FUTURES INDICES AS OF FRIDAY!)

Economic Calendar for the Week Ahead:

(CLICK HERE FOR THE FULL ECONOMIC CALENDAR FOR THE WEEK AHEAD!)

Percentage Changes for the Major Indices, WTD, MTD, QTD, YTD as of Friday's close:

(CLICK HERE FOR THE CHART!)

S&P Sectors for the Past Week:

(CLICK HERE FOR THE CHART!)

Major Indices Pullback/Correction Levels as of Friday's close:

(CLICK HERE FOR THE CHART!

Major Indices Rally Levels as of Friday's close:

(CLICK HERE FOR THE CHART!)

Most Anticipated Earnings Releases for this week:

(CLICK HERE FOR THE CHART!)

Here are the upcoming IPO's for this week:

(CLICK HERE FOR THE CHART!)

Election Charts You Need To See: Part 2

As we noted last week, the demand for election charts is off the charts (pun intended), so we are sharing some of our favorite election charts.
Without further ado, here are some more election charts you need to know as November 3 inches closer.
How stocks perform three months before the election has a stellar track record of predicting who will win in November. If stocks are higher, the incumbent party tends to win, while if stocks are lower, the incumbent party tends to lose. This indicator accurately predicted the winner 87% of the time (20 of 23) since the late 1920s.
(CLICK HERE FOR THE CHART!)
Building on this, if President Donald Trump is going to win, right about now is when the S&P 500 Index should start to outperform. Of course, if it weakens, it could mean we will be looking at a President Joe Biden soon.
(CLICK HERE FOR THE CHART!)
Speaking of presidents up for re-election, here’s what the S&P 500 historically has done during re-election years.
(CLICK HERE FOR THE CHART!)
Lastly, here are two final charts that may help forecast the outcome.
If real per capita disposable income is higher, the incumbent president usually wins. Conversely, if wages are weak, that bodes well for someone new in the White House. Given real per capita disposable income is up more than 7% this year, it would suggest President Trump should take more than 70% of the votes. Of course, this is greatly skewed due to the CARES Act, so we’d put a major asterisk next to this one.
(CLICK HERE FOR THE CHART!)
To sum up, Gallup poll approval ratings have done a nice job of predicting how many votes a president up for re-election might get. With a 42% Gallup approval rating currently, this comes out to 49% of the total votes for President Trump, which points to a close race.
(CLICK HERE FOR THE CHART!)

Election Charts You Need To See: Part 3

One of the top requests we’ve received the past few weeks is for more charts on the US elections. We shared some of our favorite in Election Charts You Need to See: Part 1 and Part 2, and today’s the third blog in our series on this important event.
S&P 500 Index earnings are expected to jump close to 23% in 2021 according to FactSet, as the global economy recovers. Presidential nominee Joe Biden has made it very clear he will likely hike taxes, which could potentially cut 10 percentage points off earnings growth next year if implemented. If Biden wins, we would expect Chinese tariffs to be removed as well, which would offset some of that impact and according to our friends at Strategas Research Partners would suggest earnings growth of nearly 17%.
(CLICK HERE FOR THE CHART!)
As shown in our LPL Chart of the Day, how the US dollar does ahead of the election has been a great indicator of which party might win in November. If the dollar is weak three months before the election, this bodes well for the incumbent party, while the incumbent party tends to lose if the dollar is strong. This signal has been right 7 of the past 8 elections.
As we saw back in March, when trouble hits, the US dollar tends to do well, as investors flock to the safety of the world’s reserve currency. When things are calm, the dollar tends to weaken, which favors riskier assets. So far, the dollar is slightly lower, which would suggest a potential win for President Donald Trump.
(CLICK HERE FOR THE CHART!)
Also, the size of the tax increase proposed by Joe Biden as a percentage of gross domestic product (GDP) would be one of the largest ever and rival President Lyndon B. Johnson’s (LBJ) tax increases in the late 1960s. Let’s remember though, if there’s a split Congress, the chances of the full tax plan being implemented is quite slim. Additionally, a weaker economy would also reduce the chances of a large tax hike.
(CLICK HERE FOR THE CHART!)

Seasonal Volatility Just Getting Started

The market's day-to-day volatility has picked up in September after experiencing more stable trading action during the summer months. This is not out of the ordinary. Historically, the most volatile time of the year for stocks has been between September and early November. You can see this in the chart below that shows the average absolute daily percentage change for each trading day of the year beginning on the first trading day of January through the last trading day of December. As shown, daily volatility is very consistent around the +/-0.70% level over the first eight months of the year, but then it starts to pick up beginning in September until it reaches a peak during the first week or two of November. From there, the holiday season takes over and daily volatility plummets right through the end of the year. As shown in the chart, unfortunately we've still got a ways to go to get to the top of the volatility mountain, so make sure you've got your climbing gear ready for the next six to eight weeks!
(CLICK HERE FOR THE CHART!)

Keeping Tabs On High Frequency Growth

The week ended September 11th showed a sharp decline in our index of weekly GDP versus the year before. As shown, our index can be quite volatile, but it does do a decent job tracking the general trajectory of GDP. Since peaking at an implied growth rate of +0.9% YoY on July 10th, our index has slid to -2% YoY, the lowest reading since mid-June.
(CLICK HERE FOR THE CHART!)
Taking a look at another tracker of short-term economic growth, below we show Weekly Economic Index data updated by the New York Fed each week. After decelerating sequentially YoY for the week ended September 4th, the WEI reported sequential YoY growth slower once again in the week ended September 11th. We also show what each high frequency tracker implies about quarterly growth. As shown, our tracker has consistently implied a higher quarterly growth rate than the Weekly Economic Index, and official data for the last two quarters. That said, Q3 is tracking at least 20%, with upside to the high-20s as the US continues to rebound from COVID. This post was originally published in our post-market macro report -- The Closer -- last night.
(CLICK HERE FOR THE CHART!)

Sell(ing) Rosh Hashanah, Buy Yom Kippur

As the High Holidays approach you may remember the old saying on the Street, “Sell Rosh Hashanah, Buy Yom Kippur.” It gets tossed around every autumn when the “high holidays” are on the minds of traders as many of their Jewish colleagues take off to observe the Jewish New Year and Day of Atonement.
The basis for this, “Sell Rosh Hashanah, Buy Yom Kippur,” pattern is that with many traders and investors busy with religious observance and family, positions are closed out and volume fades creating a buying vacuum. Even in the age of algorithmic, computer, and high frequency trading these seasonal patterns persist as humans still need to turn the machines on and off and feed them money or take it away – and these algorithms and trading programs are written by people so the human influence is still there.
Holiday seasonality around official market holidays is something we pay close attention to (page 100 Stock Trader’s Almanac). Actual stats on the most observed Hebrew holidays have been compiled in the table here. We present the data back to 1971 and when the holiday falls on a weekend the prior market close is used. It’s no coincidence that Rosh Hashanah and Yom Kippur fall in September and/or October, two dangerous and sometimes opportune months.
(CLICK HERE FOR THE CHART!)
Perhaps it’s Talmudic wisdom but, selling stocks before the eight-day span of the high holidays has avoided many declines, especially during uncertain times. While being long Yom Kippur to Passover has produced 59% more advances, half as many losses and average gains of 6.7%.
This year the high holidays commence on Friday eve, September 18, and end Monday September 28 with Yom Kippur just before Octoberphobia. The current news flow already has folks selling ahead of the Jewish High Holidays, quite possibly setting up the market for further declines.

S&P 500 down 24 of 30 during week after September options expiration, average loss 0.95%

The week after September options expiration week, next week, has a dreadful history of declines most notably since 1990. The week after September options expiration week has been a nearly constant source of pain with only a few meaningful exceptions over the past 30 years. Substantial and across the board gains have occurred just four times: 1998, 2001, 2010 and 2016 while many more weeks were hit with sizable losses.
Full stats are in the following sea-of-red table. Average losses since 1990 are even worse; DJIA –1.01%, S&P 500 –0.95%, NASDAQ –0.95% and a sizable –1.42% for Russell 2000. End-of-Q3 portfolio restructuring is the most likely explanation for this trend as managers trim summer holdings and position for the fourth quarter.
(CLICK HERE FOR THE CHART!)
(CLICK HERE FOR NEXT WEEK'S MOST NOTABLE EARNINGS RELEASES!)
(CLICK HERE FOR NEXT WEEK'S HIGHEST VOLATILITY EARNINGS RELEASES!)
Below are some of the notable companies coming out with earnings releases this upcoming trading week ahead which includes the date/time of release & consensus estimates courtesy of Earnings Whispers:

Monday 9.21.20 Before Market Open:

([CLICK HERE FOR MONDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!]())
(NONE.)

Monday 9.21.20 After Market Close:

([CLICK HERE FOR MONDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!]())
(NONE.)

Tuesday 9.22.20 Before Market Open:

(CLICK HERE FOR TUESDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!)

Tuesday 9.22.20 After Market Close:

(CLICK HERE FOR TUESDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!)

Wednesday 9.23.20 Before Market Open:

(CLICK HERE FOR WEDNESDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!)

Wednesday 9.23.20 After Market Close:

(CLICK HERE FOR WEDNESDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!)

Thursday 9.24.20 Before Market Open:

(CLICK HERE FOR THURSDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!)

Thursday 9.24.20 After Market Close:

(CLICK HERE FOR THURSDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!)

Friday 9.25.20 Before Market Open:

([CLICK HERE FOR FRIDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!]())
(NONE.)

Friday 9.25.20 After Market Close:

([CLICK HERE FOR FRIDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!]())
(NONE.)

Costco Wholesale Corp. $335.96

Costco Wholesale Corp. (COST) is confirmed to report earnings at approximately 4:15 PM ET on Thursday, September 24, 2020. The consensus earnings estimate is $2.85 per share on revenue of $52.61 billion and the Earnings Whisper ® number is $2.87 per share. Investor sentiment going into the company's earnings release has 74% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 5.95% with revenue increasing by 10.76%. Short interest has decreased by 40.5% since the company's last earnings release while the stock has drifted higher by 10.4% from its open following the earnings release to be 8.4% above its 200 day moving average of $310.06. Overall earnings estimates have been revised higher since the company's last earnings release. On Friday, September 18, 2020 there was some notable buying of 7,071 contracts of the $340.00 call expiring on Friday, September 25, 2020. Option traders are pricing in a 5.0% move on earnings and the stock has averaged a 1.7% move in recent quarters.

(CLICK HERE FOR THE CHART!)

AutoZone, Inc. -

AutoZone, Inc. (AZO) is confirmed to report earnings at approximately 6:55 AM ET on Tuesday, September 22, 2020. The consensus earnings estimate is $24.69 per share on revenue of $3.98 billion and the Earnings Whisper ® number is $24.85 per share. Investor sentiment going into the company's earnings release has 59% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 9.30% with revenue decreasing by 0.21%. Short interest has decreased by 6.2% since the company's last earnings release while the stock has drifted higher by 3.2% from its open following the earnings release to be 10.0% above its 200 day moving average of $1,095.56. Overall earnings estimates have been revised higher since the company's last earnings release. Option traders are pricing in a 6.5% move on earnings and the stock has averaged a 4.0% move in recent quarters.

(CLICK HERE FOR THE CHART!)

Nike Inc $114.66

Nike Inc (NKE) is confirmed to report earnings at approximately 4:15 PM ET on Tuesday, September 22, 2020. The consensus earnings estimate is $0.45 per share on revenue of $9.05 billion and the Earnings Whisper ® number is $0.47 per share. Investor sentiment going into the company's earnings release has 62% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 47.67% with revenue decreasing by 15.10%. Short interest has increased by 1.5% since the company's last earnings release while the stock has drifted higher by 16.4% from its open following the earnings release to be 19.1% above its 200 day moving average of $96.30. Overall earnings estimates have been revised lower since the company's last earnings release. On Friday, September 18, 2020 there was some notable buying of 2,687 contracts of the $118.00 call expiring on Friday, September 25, 2020. Option traders are pricing in a 7.1% move on earnings and the stock has averaged a 4.9% move in recent quarters.

(CLICK HERE FOR THE CHART!)

Aurora Cannabis Inc $6.53

Aurora Cannabis Inc (ACB) is confirmed to report earnings at approximately 4:00 PM ET on Tuesday, September 22, 2020. The consensus estimate is for a loss of $0.29 per share on revenue of $54.64 million and the Earnings Whisper ® number is ($0.36) per share. Investor sentiment going into the company's earnings release has 55% expecting an earnings beat. Consensus estiamtes are for year-over-year revenue to decline 35.99%. Short interest has decreased by 91.2% since the company's last earnings release while the stock has drifted lower by 21.8% from its open following the earnings release to be 73.6% below its 200 day moving average of $24.77. Overall earnings estimates have been revised higher since the company's last earnings release. On Friday, September 18, 2020 there was some notable buying of 1,300 contracts of the $7.00 call expiring on Friday, September 25, 2020.

(CLICK HERE FOR THE CHART!)

Rite Aid Corp. $13.44

Rite Aid Corp. (RAD) is confirmed to report earnings at approximately 7:00 AM ET on Thursday, September 24, 2020. The consensus earnings estimate is $0.10 per share on revenue of $5.76 billion and the Earnings Whisper ® number is $0.15 per share. Investor sentiment going into the company's earnings release has 67% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 16.67% with revenue increasing by 7.34%. Short interest has decreased by 17.1% since the company's last earnings release while the stock has drifted lower by 7.2% from its open following the earnings release to be 7.6% below its 200 day moving average of $14.54. Overall earnings estimates have been revised higher since the company's last earnings release. On Wednesday, September 16, 2020 there was some notable buying of 858 contracts of the $12.00 call expiring on Friday, September 25, 2020. Option traders are pricing in a 20.6% move on earnings and the stock has averaged a 22.5% move in recent quarters.

(CLICK HERE FOR THE CHART!)

General Mills, Inc. $57.32

General Mills, Inc. (GIS) is confirmed to report earnings at approximately 7:00 AM ET on Wednesday, September 23, 2020. The consensus earnings estimate is $0.87 per share on revenue of $4.16 billion and the Earnings Whisper ® number is $0.90 per share. Investor sentiment going into the company's earnings release has 74% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 10.13% with revenue increasing by 3.94%. Short interest has decreased by 7.8% since the company's last earnings release while the stock has drifted lower by 5.2% from its open following the earnings release to be 0.8% below its 200 day moving average of $57.76. Overall earnings estimates have been unchanged since the company's last earnings release. Option traders are pricing in a 6.5% move on earnings and the stock has averaged a 2.5% move in recent quarters.

(CLICK HERE FOR THE CHART!)

CarMax, Inc. $103.07

CarMax, Inc. (KMX) is confirmed to report earnings at approximately 6:50 AM ET on Thursday, September 24, 2020. The consensus earnings estimate is $0.96 per share on revenue of $5.17 billion and the Earnings Whisper ® number is $1.06 per share. Investor sentiment going into the company's earnings release has 54% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 31.43% with revenue decreasing by 0.60%. Short interest has decreased by 22.1% since the company's last earnings release while the stock has drifted higher by 4.7% from its open following the earnings release to be 17.6% above its 200 day moving average of $87.67. Overall earnings estimates have been revised higher since the company's last earnings release. Option traders are pricing in a 8.0% move on earnings and the stock has averaged a 4.9% move in recent quarters.

(CLICK HERE FOR THE CHART!)

Stitch Fix, Inc. $28.36

Stitch Fix, Inc. (SFIX) is confirmed to report earnings at approximately 4:05 PM ET on Tuesday, September 22, 2020. The consensus estimate is for a loss of $0.18 per share on revenue of $415.11 million and the Earnings Whisper ® number is ($0.14) per share. Investor sentiment going into the company's earnings release has 56% expecting an earnings beat The company's guidance was for revenue of at least $433.00 million. Consensus estimates are for earnings to decline year-over-year by 357.14% with revenue decreasing by 3.94%. Short interest has decreased by 9.3% since the company's last earnings release while the stock has drifted higher by 23.1% from its open following the earnings release to be 26.7% above its 200 day moving average of $22.38. Overall earnings estimates have been revised higher since the company's last earnings release. On Friday, September 18, 2020 there was some notable buying of 4,160 contracts of the $23.00 put expiring on Friday, September 25, 2020. Option traders are pricing in a 21.0% move on earnings and the stock has averaged a 11.0% move in recent quarters.

(CLICK HERE FOR THE CHART!)

Aytu BioScience, Inc. $1.38

Aytu BioScience, Inc. (AYTU) is confirmed to report earnings at approximately 4:05 PM ET on Thursday, September 24, 2020. The consensus estimate is for a loss of $0.05 per share on revenue of $10.90 million. Investor sentiment going into the company's earnings release has 62% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 96.15% with revenue increasing by 535.20%. Short interest has decreased by 39.4% since the company's last earnings release while the stock has drifted lower by 22.9% from its open following the earnings release to be 13.8% above its 200 day moving average of $1.21. Overall earnings estimates have been revised lower since the company's last earnings release. The stock has averaged a 3.5% move on earnings in recent quarters.

(CLICK HERE FOR THE CHART!)

JinkoSolar Holding Co., Ltd. $24.50

JinkoSolar Holding Co., Ltd. (JKS) is confirmed to report earnings at approximately 6:40 AM ET on Wednesday, September 23, 2020. The consensus earnings estimate is $0.40 per share on revenue of $1.07 billion. Investor sentiment going into the company's earnings release has 53% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 122.22% with revenue increasing by 6.26%. Short interest has decreased by 7.4% since the company's last earnings release while the stock has drifted higher by 46.1% from its open following the earnings release to be 20.7% above its 200 day moving average of $20.30. Overall earnings estimates have been revised higher since the company's last earnings release. On Friday, August 28, 2020 there was some notable buying of 507 contracts of the $22.00 put and 502 contracts of the $25.00 call expiring on Friday, October 16, 2020. Option traders are pricing in a 11.4% move on earnings and the stock has averaged a 7.5% move in recent quarters.

(CLICK HERE FOR THE CHART!)

DISCUSS!

What are you all watching for in this upcoming trading week?
I hope you all have a wonderful weekend and a great trading week ahead wallstreetbets.
submitted by bigbear0083 to wallstreetbets [link] [comments]

SXSW blog: Bitcoin's impact on consumers and businesses - "thinking that's behind the currency will disrupt the financial sector and change the way we trade online forever."

SXSW blog: Bitcoin's impact on consumers and businesses - submitted by songcoin to Bitcoin [link] [comments]

Revamped Tournaments: A Closer Look

Revamped Tournaments: A Closer Look
Blog Link: https://www.rocketleague.com/news/revamped-tournaments--a-closer-look/
https://preview.redd.it/ff3i358jksh51.jpg?width=1920&format=pjpg&auto=webp&s=91dc25b6a4e30768aae62beb91d107f939b429b5

WHAT'S IN THIS CLOSER LOOK:

  • HOW TOURNAMENTS ARE GETTING REVAMPED
  • WHEN PLAYERS CAN JOIN TOURNAMENTS
  • HOW COMPETITIVE RANK AFFECTS YOUR TOURNAMENTS
  • NEW ITEMS FOUND IN TOURNAMENTS!
Rocket League is getting a whole new way to compete! The Tournaments feature will see a major overhaul with free to play coming later this summer. Get ready to feel the competitive energy of what it's like playing in Rocket League Esports, but in Tournaments for all Ranks! Soon, players around the world will be able to join automatically scheduled Tournaments each day, climb their way through the bracket, and reap the rewards of victory!
There’s a lot being added to Tournaments, and this blog has everything you need to know.

DOMINATE THE BRACKET

Get ready to join and compete in Rocket League's revamped in-game Tournaments, all of which are completely free to join!
Players will soon be able to sign up for Competitive Tournaments, a new ranked mode within Tournaments that pits you against teams of similar skill to earn rewards. Each region has multiple Competitive Tournaments scheduled each day, so you'll have plenty of opportunities to compete. You can sign up from the revamped Tournaments Menu that shows the daily schedule for your region.
Once a Competitive Tournament begins, we generate 32-team, single-elimination brackets based on each team's skill. Teams will play one match each round until the Semifinals and Finals, which are best of three. Teams that lose in the first round (or show up after the Tournament start time) can join a "Second Chance" bracket for another try at victory.
Competitive Tournaments are 3v3 at launch and support parties of all sizes, from a full squad of three to a solo-queued hopeful. Your Tournaments Rank is initially determined by your Rank from Competitive matchmaking, but changes over the course of each season depending on your Tournaments performance. Like Competitive matchmaking, we base the skill of mixed-rank parties on their highest skilled player. For example, if two Gold II players team up with a Diamond I player, that team will be entered into a Diamond Tournament.
Win your games, move forward, and get closer to brand new rewards in Rocket League Tournaments.
https://preview.redd.it/qp0y93alksh51.jpg?width=1920&format=pjpg&auto=webp&s=46943a9facdf52f894d61e7bcddd42cfac274b67

WHAT DO YOU GET FOR COMPETING IN A TOURNAMENT?

Everyone who makes it out of the First Round of a Tournament will receive new in-game currency called Tournament Credits, and performing well and making it farther in a bracket will earn you more. Tournaments at a higher Rank will grant larger Tournament Credit rewards. For instance, strong Silver Ranked players stand to earn more Tournament Credits if they get pulled into a Gold Rank Tournament, but their competition will be tougher. The Tournament Credit reward is the same for all three team members.
Getting at least one win in any Tournament gives you Tournament Credits, but most of your earnings will come from your Top 3 Weekly Placements, which reset at the end of each week on Sunday. For example, winning a Gold Tournament is worth roughly 1,200 Tournament Credits, but your Weekly Placement reward for that result is 4,500 Tournament Credits (for a total of 5,700). The better your results, the higher the weekly reward.
Tournament Credits can be redeemed to get Cups that will grant you a customization item including Wheels, animated Decals, and even Goal Explosions. There are four levels of Cups that become available as you increase your Tournaments Rank. The higher level the Cup, the more often you’ll unlock an item of higher rarity. All Tournament items can have special attributes like Painted or Certified. You can also trade in unwanted items to receive Tournament items of a higher rarity. That even goes for Exotic items, which can be traded up to Black Market!
Plus, if you win a tournament, you’ll get a Title that shows off the Rank of the Tournament you won. Winning three similarly ranked tournaments throughout a season will grant you a colored Title at that Rank.
https://preview.redd.it/18mwt0jmksh51.jpg?width=1920&format=pjpg&auto=webp&s=4a89dc56508ca319f29cf7f29591e9cf2b4f896c

OTHER THINGS TO KNOW

Players can join every scheduled Tournament they want to each week. In other words, there's no limit to how many tournaments you may join.
Since dropping out of a Tournament early can really hurt a team, there will be sanctions for this type of behavior to keep things fair. Quitting early results in a 15 minute matchmaking ban and a 3 hour Tournament ban. If you continue to abandon Tournaments early, this penalty will escalate to a 24-hour Tournament ban, then a 7-day Tournament ban plus a 24 hour matchmaking ban in extremely severe cases. Each Tournament you complete(play until victory or elimination) counts towards reducing your potential penalties. A player who drops out of a Tournament will also forfeit any rewards they've earned so far in that Tournament.
Since Tournaments rely on all teams finishing their games in a timely manner, matches will have a hard endpoint, instead of a virtually infinite overtime. The longest a match can be is 11 total minutes (this includes time spent for kickoffs and replays). If the game is tied, the team with the most shots wins. If the number of shots are the same, then the winner will be decided by a coin flip.
Tournaments will follow the same schedule as Rocket League’s Competitive Seasons. Once a new Competitive Season begins, some Tournament items will be retired and new items will take their place. And, just like Season Reward Titles change with the Seasons, so will the Titles you can earn from winning a Tournament.
We’ve also made some changes to custom Tournaments. Now, tournament organizers can spectate the games happening in the brackets they create. This will help Tournament organizers and content creators who want to organize their own Tournaments with friends and fans.
There’s so much packed into Rocket League’s new Tournament system that’s coming in our next update, and we hope you enjoy this brand new way to face off against the competition. So, get ready to dominate the bracket and earn the spoils of victory later this summer!
https://preview.redd.it/r9bmvnnnksh51.jpg?width=1920&format=pjpg&auto=webp&s=395a7e9185479512d80c7747620f832e82730504
submitted by Psyonix_Devin to RocketLeague [link] [comments]

Former investment bank FX trader: News trading and second order thinking part 2/2

Former investment bank FX trader: News trading and second order thinking part 2/2
Thanks for all the upvotes and comments on the previous pieces:
From the first half of the news trading note we learned some ways to estimate what is priced in by the market. We learned that we are trading any gap in market expectations rather than the result itself. A good result when the market expected a fantastic result is disappointing! We also looked at second order thinking. After all that, I hope the reaction of prices to events is starting to make more sense to you.

Before you understand the core concepts of pricing in and second order thinking, price reactions to events can seem mystifying at times
We'll add one thought-provoking quote. Keynes (that rare economist who also managed institutional money) offered this analogy. He compared selecting investments to a beauty contest in which newspaper readers would write in with their votes and win a prize if their votes most closely matched the six most popularly selected women across all readers:
It is not a case of choosing those (faces) which, to the best of one’s judgment, are really the prettiest, nor even those which average opinions genuinely thinks the prettiest. We have reached the third degree where we devote our intelligences to anticipating what average opinion expects the average opinion to be.
Trading is no different. You are trying to anticipate how other traders will react to news and how that will move prices. Perhaps you disagree with their reaction. Still, if you can anticipate what it will be you would be sensible to act upon it. Don't forget: meanwhile they are also trying to anticipate what you and everyone else will do.

Part II
  • Preparing for quantitative and qualitative releases
  • Data surprise index
  • Using recent events to predict future reactions
  • Buy the rumour, sell the fact
  • The trimming position effect
  • Reversals
  • Some key FX releases

Preparing for quantitative and qualitative releases

The majority of releases are quantitative. All that means is there’s some number. Like unemployment figures or GDP.
Historic results provide interesting context. We are looking below the Australian unemployment rate which is released monthly. If you plot it out a few years back you can spot a clear trend, which got massively reversed. Knowing this trend gives you additional information when the figure is released. In the same way prices can trend so do economic data.

A great resource that's totally free to use
This makes sense: if for example things are getting steadily better in the economy you’d expect to see unemployment steadily going down.
Knowing the trend and how much noise there is in the data gives you an informational edge over lazy traders.
For example, when we see the spike above 6% on the above you’d instantly know it was crazy and a huge trading opportunity since a) the fluctuations month on month are normally tiny and b) it is a huge reversal of the long-term trend.
Would all the other AUDUSD traders know and react proportionately? If not and yet they still trade, their laziness may be an opportunity for more informed traders to make some money.
Tradingeconomics.com offers really high quality analysis. You can see all the major indicators for each country. Clicking them brings up their history as well as an explanation of what they show.
For example, here’s German Consumer Confidence.

Helpful context
There are also qualitative events. Normally these are speeches by Central Bankers.
There are whole blogs dedicated to closely reading such texts and looking for subtle changes in direction or opinion on the economy. Stuff like how often does the phrase "in a good place" come up when the Chair of the Fed speaks. It is pretty dry stuff. Yet these are leading indicators of how each member may vote to set interest rates. Ed Yardeni is the go-to guy on central banks.

Data surprise index

The other thing you might look at is something investment banks produce for their customers. A data surprise index. I am not sure if these are available in retail land - there's no reason they shouldn't be but the economic calendars online are very basic.
You’ll remember we talked about data not being good or bad of itself but good or bad relative to what was expected. These indices measure this difference.
If results are consistently better than analysts expect then you’ll see a positive number. If they are consistently worse than analysts expect a negative number. You can see they tend to swing from positive to negative.

Mean reversion at its best! Data surprise indices measure how much better or worse data came in vs forecast
There are many theories for this but in general people consider that analysts herd around the consensus. They are scared to be outliers and look ‘wrong’ or ‘stupid’ so they instead place estimates close to the pack of their peers.
When economic conditions change they may therefore be slow to update. When they are wrong consistently - say too bearish - they eventually flip the other way and become too bullish.
These charts can be interesting to give you an idea of how the recent data releases have been versus market expectations. You may try to spot the turning points in macroeconomic data that drive long term currency prices and trends.

Using recent events to predict future reactions

The market reaction function is the most important thing on an economic calendar in many ways. It means: what will happen to the price if the data is better or worse than the market expects?
That seems easy to answer but it is not.
Consider the example of consumer confidence we had earlier.
  • Many times the market will shrug and ignore it.
  • But when the economic recovery is predicated on a strong consumer it may move markets a lot.
Or consider the S&P index of US stocks (Wall Street).
  • If you get good economic data that beats analyst estimates surely it should go up? Well, sometimes that is certainly the case.
  • But good economic data might result in the US Central Bank raising interest rates. Raising interest rates will generally make the stock market go down!
So better than expected data could make the S&P go up (“the economy is great”) or down (“the Fed is more likely to raise rates”). It depends. The market can interpret the same data totally differently at different times.
One clue is to look at what happened to the price of risk assets at the last event.
For example, let’s say we looked at unemployment and it came in a lot worse than forecast last month. What happened to the S&P back then?

2% drop last time on a 'worse than expected' number ... so it it is 'better than expected' best guess is we rally 2% higher
So this tells us that - at least for our most recent event - the S&P moved 2% lower on a far worse than expected number. This gives us some guidance as to what it might do next time and the direction. Bad number = lower S&P. For a huge surprise 2% is the size of move we’d expect.
Again - this is a real limitation of online calendars. They should show next to the historic results (expected/actual) the reaction of various instruments.

Buy the rumour, sell the fact

A final example of an unpredictable reaction relates to the old rule of ‘Buy the rumour, sell the fact.’ This captures the tendency for markets to anticipate events and then reverse when they occur.

Buy the rumour, sell the fact
In short: people take profit and close their positions when what they expected to happen is confirmed.
So we have to decide which driver is most important to the market at any point in time. You obviously cannot ask every participant. The best way to do it is to look at what happened recently. Look at the price action during recent releases and you will get a feel for how much the market moves and in which direction.

Trimming or taking off positions

One thing to note is that events sometimes give smart participants information about positioning. This is because many traders take off or reduce positions ahead of big news events for risk management purposes.
Imagine we see GBPUSD rises in the hour before GDP release. That probably indicates the market is short and has taken off / flattened its positions.

The price action before an event can tell you about speculative positioning
If GDP is merely in line with expectations those same people are likely to add back their positions. They avoided a potential banana skin. This is why sometimes the market moves on an event that seemingly was bang on consensus.
But you have learned something. The speculative market is short and may prove vulnerable to a squeeze.

Two kinds of reversals

Fairly often you’ll see the market move in one direction on a release then turn around and go the other way.
These are known as reversals. Traders will often ‘fade’ a move, meaning bet against it and expect it to reverse.

Logical reversals

Sometimes this happens when the data looks good at first glance but the details don’t support it.
For example, say the headline is very bullish on German manufacturing numbers but then a minute later it becomes clear the company who releases the data has changed methodology or believes the number is driven by a one-off event. Or maybe the headline number is positive but buried in the detail there is a very negative revision to previous numbers.
Fading the initial spike is one way to trade news. Try looking at what the price action is one minute after the event and thirty minutes afterwards on historic releases.

Crazy reversals


Some reversals don't make sense
Sometimes a reversal happens for seemingly no fundamental reason. Say you get clearly positive news that is better than anyone expects. There are no caveats to the positive number. Yet the price briefly spikes up and then falls hard. What on earth?
This is a pure supply and demand thing. Even on bullish news the market cannot sustain a rally. The market is telling you it wants to sell this asset. Try not to get in its way.

Some key releases

As we have already discussed, different releases are important at different times. However, we’ll look at some consistently important ones in this final section.

Interest rates decisions

These can sometimes be unscheduled. However, normally the decisions are announced monthly. The exact process varies for each central bank. Typically there’s a headline decision e.g. maintain 0.75% rate.
You may also see “minutes” of the meeting in which the decision was reached and a vote tally e.g. 7 for maintain, 2 for lower rates. These are always top-tier data releases and have capacity to move the currency a lot.
A hawkish central bank (higher rates) will tend to move a currency higher whilst a dovish central bank (lower rates) will tend to move a currency lower.
A central banker speaking is always a big event

Non farm payrolls

These are released once per month. This is another top-tier release that will move all USD pairs as well as equities.
There are three numbers:
  • The headline number of jobs created (bigger is better)
  • The unemployment rate (smaller is better)
  • Average hourly earnings (depends)
Bear in mind these headline numbers are often off by around 75,000. If a report comes in +/- 25,000 of the forecast, that is probably a non event.
In general a positive response should move the USD higher but check recent price action.
Other countries each have their own unemployment data releases but this is the single most important release.

Surveys

There are various types of surveys: consumer confidence; house price expectations; purchasing managers index etc.
Each one basically asks a group of people if they expect to make more purchases or activity in their area of expertise to rise. There are so many we won’t go into each one here.
A really useful tool is the tradingeconomics.com economic indicators for each country. You can see all the major indicators and an explanation of each plus the historic results.

GDP

Gross Domestic Product is another big release. It is a measure of how much a country’s economy is growing.
In general the market focuses more on ‘advance’ GDP forecasts more than ‘final’ numbers, which are often released at the same time.
This is because the final figures are accurate but by the time they come around the market has already seen all the inputs. The advance figure tends to be less accurate but incorporates new information that the market may not have known before the release.
In general a strong GDP number is good for the domestic currency.

Inflation

Countries tend to release measures of inflation (increase in prices) each month. These releases are important mainly because they may influence the future decisions of the central bank, when setting the interest rate.
See the FX fundamentals section for more details.

Industrial data

Things like factory orders or or inventory levels. These can provide a leading indicator of the strength of the economy.
These numbers can be extremely volatile. This is because a one-off large order can drive the numbers well outside usual levels.
Pay careful attention to previous releases so you have a sense of how noisy each release is and what kind of moves might be expected.

Comments

Often there is really good stuff in the comments/replies. Check out 'squitstoomuch' for some excellent observations on why some news sources are noisy but early (think: Twitter, ZeroHedge). The Softbank story is a good recent example: was in ZeroHedge a day before the FT but the market moved on the FT. Also an interesting comment on mistakes, which definitely happen on breaking news, and can cause massive reversals.

submitted by getmrmarket to Forex [link] [comments]

Bitcoin Newcomers FAQ - Please read!

Welcome to the /Bitcoin Sticky FAQ

You've probably been hearing a lot about Bitcoin recently and are wondering what's the big deal? Most of your questions should be answered by the resources below but if you have additional questions feel free to ask them in the comments.
It all started with the release of the release of Satoshi Nakamoto's whitepaper however that will probably go over the head of most readers so we recommend the following videos for a good starting point for understanding how bitcoin works and a little about its long term potential:
Some other great resources include Lopp.net, the Princeton crypto series and James D'Angelo's Bitcoin 101 Blackboard series.
Some excellent writing on Bitcoin's value proposition and future can be found at the Satoshi Nakamoto Institute.
Some Bitcoin statistics can be found here and here. Developer resources can be found here. Peer-reviewed research papers can be found here.
Potential upcoming protocol improvements and scaling resources here and here.
The number of times Bitcoin was declared dead by the media can be found here (LOL!)

Key properties of Bitcoin

Where can I buy bitcoins?

Bitcoin.org and BuyBitcoinWorldwide.com are helpful sites for beginners. You can buy or sell any amount of bitcoin (even just a few dollars worth) and there are several easy methods to purchase bitcoin with cash, credit card or bank transfer. Some of the more popular resources are below, also check out the bitcoinity exchange resources for a larger list of options for purchases.
Here is a listing of local ATMs. If you would like your paycheck automatically converted to bitcoin use Bitwage.
Note: Bitcoins are valued at whatever market price people are willing to pay for them in balancing act of supply vs demand. Unlike traditional markets, bitcoin markets operate 24 hours per day, 365 days per year. Preev is a useful site that that shows how much various denominations of bitcoin are worth in different currencies. Alternatively you can just Google "1 bitcoin in (your local currency)".

Securing your bitcoins

With bitcoin you can "Be your own bank" and personally secure your bitcoins OR you can use third party companies aka "Bitcoin banks" which will hold the bitcoins for you.
Note: For increased security, use Two Factor Authentication (2FA) everywhere it is offered, including email!
2FA requires a second confirmation code to access your account making it much harder for thieves to gain access. Google Authenticator and Authy are the two most popular 2FA services, download links are below. Make sure you create backups of your 2FA codes.
Google Auth Authy OTP Auth
Android Android N/A
iOS iOS iOS

Watch out for scams

As mentioned above, Bitcoin is decentralized, which by definition means there is no official website or Twitter handle or spokesperson or CEO. However, all money attracts thieves. This combination unfortunately results in scammers running official sounding names or pretending to be an authority on YouTube or social media. Many scammers throughout the years have claimed to be the inventor of Bitcoin. Websites like bitcoin(dot)com and the btc subreddit are active scams. Almost all altcoins (shitcoins) are marketed heavily with big promises but are really just designed to separate you from your bitcoin. So be careful: any resource, including all linked in this document, may in the future turn evil. Don't trust, verify. Also as they say in our community "Not your keys, not your coins".

Where can I spend bitcoins?

Check out spendabit or bitcoin directory for millions of merchant options. Also you can spend bitcoin anywhere visa is accepted with bitcoin debit cards such as the CashApp card. Some other useful site are listed below.
Store Product
Gyft Gift cards for hundreds of retailers including Amazon, Target, Walmart, Starbucks, Whole Foods, CVS, Lowes, Home Depot, iTunes, Best Buy, Sears, Kohls, eBay, GameStop, etc.
Spendabit, Overstock and The Bitcoin Directory Retail shopping with millions of results
ShakePay Generate one time use Visa cards in seconds
NewEgg and Dell For all your electronics needs
Bitwa.la, Coinbills, Piixpay, Bitbill.eu, Bylls, Coins.ph, Bitrefill, LivingRoomofSatoshi, Coinsfer, and more Bill payment
Menufy, Takeaway and Thuisbezorgd NL Takeout delivered to your door
Expedia, Cheapair, Destinia, Abitsky, SkyTours, the Travel category on Gyft and 9flats For when you need to get away
Cryptostorm, Mullvad, and PIA VPN services
Namecheap, Porkbun Domain name registration
Stampnik Discounted USPS Priority, Express, First-Class mail postage
Coinmap and AirBitz are helpful to find local businesses accepting bitcoins. A good resource for UK residents is at wheretospendbitcoins.co.uk.
There are also lots of charities which accept bitcoin donations.

Merchant Resources

There are several benefits to accepting bitcoin as a payment option if you are a merchant;
If you are interested in accepting bitcoin as a payment method, there are several options available;

Can I mine bitcoin?

Mining bitcoins can be a fun learning experience, but be aware that you will most likely operate at a loss. Newcomers are often advised to stay away from mining unless they are only interested in it as a hobby similar to folding at home. If you want to learn more about mining you can read more here. Still have mining questions? The crew at /BitcoinMining would be happy to help you out.
If you want to contribute to the bitcoin network by hosting the blockchain and propagating transactions you can run a full node using this setup guide. If you would prefer to keep it simple there are several good options. You can view the global node distribution here.

Earning bitcoins

Just like any other form of money, you can also earn bitcoins by being paid to do a job.
Site Description
WorkingForBitcoins, Bitwage, Cryptogrind, Coinality, Bitgigs, /Jobs4Bitcoins, BitforTip, Rein Project Freelancing
Lolli Earn bitcoin when you shop online!
OpenBazaar, Purse.io, Bitify, /Bitmarket, 21 Market Marketplaces
/GirlsGoneBitcoin NSFW Adult services
A-ads, Coinzilla.io Advertising
You can also earn bitcoins by participating as a market maker on JoinMarket by allowing users to perform CoinJoin transactions with your bitcoins for a small fee (requires you to already have some bitcoins.

Bitcoin-Related Projects

The following is a short list of ongoing projects that might be worth taking a look at if you are interested in current development in the bitcoin space.
Project Description
Lightning Network Second layer scaling
Blockstream, Rootstock and Drivechain Sidechains
Hivemind and Augur Prediction markets
Tierion and Factom Records & Titles on the blockchain
BitMarkets, DropZone, Beaver and Open Bazaar Decentralized markets
JoinMarket and Wasabi Wallet CoinJoin implementation
Coinffeine and Bisq Decentralized bitcoin exchanges
Keybase Identity & Reputation management
Abra Global P2P money transmitter network
Bitcore Open source Bitcoin javascript library

Bitcoin Units

One Bitcoin is quite large (hundreds of £/$/€) so people often deal in smaller units. The most common subunits are listed below:
Unit Symbol Value Info
bitcoin BTC 1 bitcoin one bitcoin is equal to 100 million satoshis
millibitcoin mBTC 1,000 per bitcoin used as default unit in recent Electrum wallet releases
bit bit 1,000,000 per bitcoin colloquial "slang" term for microbitcoin (μBTC)
satoshi sat 100,000,000 per bitcoin smallest unit in bitcoin, named after the inventor
For example, assuming an arbitrary exchange rate of $10000 for one Bitcoin, a $10 meal would equal:
For more information check out the Bitcoin units wiki.
Still have questions? Feel free to ask in the comments below or stick around for our weekly Mentor Monday thread. If you decide to post a question in /Bitcoin, please use the search bar to see if it has been answered before, and remember to follow the community rules outlined on the sidebar to receive a better response. The mods are busy helping manage our community so please do not message them unless you notice problems with the functionality of the subreddit.
Note: This is a community created FAQ. If you notice anything missing from the FAQ or that requires clarification you can edit it here and it will be included in the next revision pending approval.
Welcome to the Bitcoin community and the new decentralized economy!
submitted by BitcoinFan7 to Bitcoin [link] [comments]

Wall Street Week Ahead for the trading week beginning September 21st, 2020

Good Saturday morning to all of you here on stocks. I hope everyone on this sub made out pretty nicely in the market this past week, and is ready for the new trading week ahead.
Here is everything you need to know to get you ready for the trading week beginning September 21st, 2020.

Markets are expected to be choppy, but dip buyers could be looking at tech favorites in week ahead - (Source)

After another week of losses, tech could be at the heart of a tug of war as dip buyers look for bargains in some of their favorite names and others see the group as still too frothy.
In the past week, the S&P 500 and Nasdaq were both down about 0.6%, the third losing week. It was the S&P 500′s longest losing streak since October. Tech was broadly lower, with Amazon and Facebook both down 5% for the week. Information technology shares lost 1% but communications which includes Facebook and Google fell 2.3% for the week.
“I think every time you’ve had a significant pullback in the familiar names, that tends to draw in more money,” said Ed Keon, chief investment strategist at QMA. “You’ve had a little rotation toward value. That’s a healthy sign for the market. I don’t think that’s an unhealthy market even though stocks look pricey. Given how low interest rates are, stocks look like the only game in town.”
There are also a number of Fed speeches, but the most important will be the appearances by Fed Chairman Jerome Powell before three Congressional committees. At two of those, Tuesday and Thursday, Powell appears with Treasury Secretary Steven Mnuchin to discuss coronavirus aid.
Art Hogan, chief market strategist at National Securities, said he does not expect much from Powell after his comments following the Fed’s meeting this week, though the central bank chairman is likely to once more tell Congress fiscal stimulus is needed to help the economy recover.
Keon said it would be positive if there could be another stimulus deal but the market no longer expects it. “If we do get a deal, that would be really positive. I think at this point, there’s a little bit of a slowdown in news. We still have a ways to go before we get into earnings warnings season. We’re going to worry more about the presidential election and its aftermath,” said Keon.
Keon said investors are increasingly focused on the election and the potential for an uncertain outcome, as states deal with large amounts of mailed ballots for the first time. He said the concern is it could take weeks or months to determine the outcome if the race is close.
“It’s still six weeks to the election. We haven’t had the debates yet. That six weeks is a lifetime. Biden seems to be the favorite at this point, but I don’t think the market is betting on anything but higher volatility,” Keon said. President Donald Trump and former vice president Joe Biden hold their first debate Sept. 29.
“I think volatility is the norm, not the exception, until we get through the election,” said Hogan.
Investors have been hedging against extended volatility after the election. Patrick Kernan, who trades S&P options with Cardinal Capital, said the flow into S&P 500 options for January has been steady over the past several days. “The options markets are implying a contested election that could last until January,” he said. He said the market is not positioning around one candidate or other, just uncertainty.
Goldman Sachs strategists noted Friday that investors have pushed out some hedging further into November, though some investors appear to be betting on an outcome by Dec. 8, the date states with contested elections have to report.
There are also a few important reports on the economic calendar, including housing data on existing home sales Tuesday and new home sales Thursday. “The housing market has been solid and hopefully, we’ll get confirmation of that because people were upset by the decline in housing starts,” said Hogan.
Manufacturing PMI is released Wednesday and durable goods are reported Friday.

This past week saw the following moves in the S&P:

(CLICK HERE FOR THE FULL S&P TREE MAP FOR THE PAST WEEK!)

Major Indices for this past week:

(CLICK HERE FOR THE MAJOR INDICES FOR THE PAST WEEK!)

Major Futures Markets as of Friday's close:

(CLICK HERE FOR THE MAJOR FUTURES INDICES AS OF FRIDAY!)

Economic Calendar for the Week Ahead:

(CLICK HERE FOR THE FULL ECONOMIC CALENDAR FOR THE WEEK AHEAD!)

Percentage Changes for the Major Indices, WTD, MTD, QTD, YTD as of Friday's close:

(CLICK HERE FOR THE CHART!)

S&P Sectors for the Past Week:

(CLICK HERE FOR THE CHART!)

Major Indices Pullback/Correction Levels as of Friday's close:

(CLICK HERE FOR THE CHART!

Major Indices Rally Levels as of Friday's close:

(CLICK HERE FOR THE CHART!)

Most Anticipated Earnings Releases for this week:

(CLICK HERE FOR THE CHART!)

Here are the upcoming IPO's for this week:

(CLICK HERE FOR THE CHART!)

Election Charts You Need To See: Part 2

As we noted last week, the demand for election charts is off the charts (pun intended), so we are sharing some of our favorite election charts.
Without further ado, here are some more election charts you need to know as November 3 inches closer.
How stocks perform three months before the election has a stellar track record of predicting who will win in November. If stocks are higher, the incumbent party tends to win, while if stocks are lower, the incumbent party tends to lose. This indicator accurately predicted the winner 87% of the time (20 of 23) since the late 1920s.
(CLICK HERE FOR THE CHART!)
Building on this, if President Donald Trump is going to win, right about now is when the S&P 500 Index should start to outperform. Of course, if it weakens, it could mean we will be looking at a President Joe Biden soon.
(CLICK HERE FOR THE CHART!)
Speaking of presidents up for re-election, here’s what the S&P 500 historically has done during re-election years.
(CLICK HERE FOR THE CHART!)
Lastly, here are two final charts that may help forecast the outcome.
If real per capita disposable income is higher, the incumbent president usually wins. Conversely, if wages are weak, that bodes well for someone new in the White House. Given real per capita disposable income is up more than 7% this year, it would suggest President Trump should take more than 70% of the votes. Of course, this is greatly skewed due to the CARES Act, so we’d put a major asterisk next to this one.
(CLICK HERE FOR THE CHART!)
To sum up, Gallup poll approval ratings have done a nice job of predicting how many votes a president up for re-election might get. With a 42% Gallup approval rating currently, this comes out to 49% of the total votes for President Trump, which points to a close race.
(CLICK HERE FOR THE CHART!)

Election Charts You Need To See: Part 3

One of the top requests we’ve received the past few weeks is for more charts on the US elections. We shared some of our favorite in Election Charts You Need to See: Part 1 and Part 2, and today’s the third blog in our series on this important event.
S&P 500 Index earnings are expected to jump close to 23% in 2021 according to FactSet, as the global economy recovers. Presidential nominee Joe Biden has made it very clear he will likely hike taxes, which could potentially cut 10 percentage points off earnings growth next year if implemented. If Biden wins, we would expect Chinese tariffs to be removed as well, which would offset some of that impact and according to our friends at Strategas Research Partners would suggest earnings growth of nearly 17%.
(CLICK HERE FOR THE CHART!)
As shown in our LPL Chart of the Day, how the US dollar does ahead of the election has been a great indicator of which party might win in November. If the dollar is weak three months before the election, this bodes well for the incumbent party, while the incumbent party tends to lose if the dollar is strong. This signal has been right 7 of the past 8 elections.
As we saw back in March, when trouble hits, the US dollar tends to do well, as investors flock to the safety of the world’s reserve currency. When things are calm, the dollar tends to weaken, which favors riskier assets. So far, the dollar is slightly lower, which would suggest a potential win for President Donald Trump.
(CLICK HERE FOR THE CHART!)
Also, the size of the tax increase proposed by Joe Biden as a percentage of gross domestic product (GDP) would be one of the largest ever and rival President Lyndon B. Johnson’s (LBJ) tax increases in the late 1960s. Let’s remember though, if there’s a split Congress, the chances of the full tax plan being implemented is quite slim. Additionally, a weaker economy would also reduce the chances of a large tax hike.
(CLICK HERE FOR THE CHART!)

Seasonal Volatility Just Getting Started

The market's day-to-day volatility has picked up in September after experiencing more stable trading action during the summer months. This is not out of the ordinary. Historically, the most volatile time of the year for stocks has been between September and early November. You can see this in the chart below that shows the average absolute daily percentage change for each trading day of the year beginning on the first trading day of January through the last trading day of December. As shown, daily volatility is very consistent around the +/-0.70% level over the first eight months of the year, but then it starts to pick up beginning in September until it reaches a peak during the first week or two of November. From there, the holiday season takes over and daily volatility plummets right through the end of the year. As shown in the chart, unfortunately we've still got a ways to go to get to the top of the volatility mountain, so make sure you've got your climbing gear ready for the next six to eight weeks!
(CLICK HERE FOR THE CHART!)

Keeping Tabs On High Frequency Growth

The week ended September 11th showed a sharp decline in our index of weekly GDP versus the year before. As shown, our index can be quite volatile, but it does do a decent job tracking the general trajectory of GDP. Since peaking at an implied growth rate of +0.9% YoY on July 10th, our index has slid to -2% YoY, the lowest reading since mid-June.
(CLICK HERE FOR THE CHART!)
Taking a look at another tracker of short-term economic growth, below we show Weekly Economic Index data updated by the New York Fed each week. After decelerating sequentially YoY for the week ended September 4th, the WEI reported sequential YoY growth slower once again in the week ended September 11th. We also show what each high frequency tracker implies about quarterly growth. As shown, our tracker has consistently implied a higher quarterly growth rate than the Weekly Economic Index, and official data for the last two quarters. That said, Q3 is tracking at least 20%, with upside to the high-20s as the US continues to rebound from COVID. This post was originally published in our post-market macro report -- The Closer -- last night.
(CLICK HERE FOR THE CHART!)

Sell(ing) Rosh Hashanah, Buy Yom Kippur

As the High Holidays approach you may remember the old saying on the Street, “Sell Rosh Hashanah, Buy Yom Kippur.” It gets tossed around every autumn when the “high holidays” are on the minds of traders as many of their Jewish colleagues take off to observe the Jewish New Year and Day of Atonement.
The basis for this, “Sell Rosh Hashanah, Buy Yom Kippur,” pattern is that with many traders and investors busy with religious observance and family, positions are closed out and volume fades creating a buying vacuum. Even in the age of algorithmic, computer, and high frequency trading these seasonal patterns persist as humans still need to turn the machines on and off and feed them money or take it away – and these algorithms and trading programs are written by people so the human influence is still there.
Holiday seasonality around official market holidays is something we pay close attention to (page 100 Stock Trader’s Almanac). Actual stats on the most observed Hebrew holidays have been compiled in the table here. We present the data back to 1971 and when the holiday falls on a weekend the prior market close is used. It’s no coincidence that Rosh Hashanah and Yom Kippur fall in September and/or October, two dangerous and sometimes opportune months.
(CLICK HERE FOR THE CHART!)
Perhaps it’s Talmudic wisdom but, selling stocks before the eight-day span of the high holidays has avoided many declines, especially during uncertain times. While being long Yom Kippur to Passover has produced 59% more advances, half as many losses and average gains of 6.7%.
This year the high holidays commence on Friday eve, September 18, and end Monday September 28 with Yom Kippur just before Octoberphobia. The current news flow already has folks selling ahead of the Jewish High Holidays, quite possibly setting up the market for further declines.

S&P 500 down 24 of 30 during week after September options expiration, average loss 0.95%

The week after September options expiration week, next week, has a dreadful history of declines most notably since 1990. The week after September options expiration week has been a nearly constant source of pain with only a few meaningful exceptions over the past 30 years. Substantial and across the board gains have occurred just four times: 1998, 2001, 2010 and 2016 while many more weeks were hit with sizable losses.
Full stats are in the following sea-of-red table. Average losses since 1990 are even worse; DJIA –1.01%, S&P 500 –0.95%, NASDAQ –0.95% and a sizable –1.42% for Russell 2000. End-of-Q3 portfolio restructuring is the most likely explanation for this trend as managers trim summer holdings and position for the fourth quarter.
(CLICK HERE FOR THE CHART!)
(CLICK HERE FOR NEXT WEEK'S MOST NOTABLE EARNINGS RELEASES!)
(CLICK HERE FOR NEXT WEEK'S HIGHEST VOLATILITY EARNINGS RELEASES!)
Below are some of the notable companies coming out with earnings releases this upcoming trading week ahead which includes the date/time of release & consensus estimates courtesy of Earnings Whispers:

Monday 9.21.20 Before Market Open:

([CLICK HERE FOR MONDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!]())
(NONE.)

Monday 9.21.20 After Market Close:

([CLICK HERE FOR MONDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!]())
(NONE.)

Tuesday 9.22.20 Before Market Open:

(CLICK HERE FOR TUESDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!)

Tuesday 9.22.20 After Market Close:

(CLICK HERE FOR TUESDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!)

Wednesday 9.23.20 Before Market Open:

(CLICK HERE FOR WEDNESDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!)

Wednesday 9.23.20 After Market Close:

(CLICK HERE FOR WEDNESDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!)

Thursday 9.24.20 Before Market Open:

(CLICK HERE FOR THURSDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!)

Thursday 9.24.20 After Market Close:

(CLICK HERE FOR THURSDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!)

Friday 9.25.20 Before Market Open:

([CLICK HERE FOR FRIDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!]())
(NONE.)

Friday 9.25.20 After Market Close:

([CLICK HERE FOR FRIDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!]())
(NONE.)

Costco Wholesale Corp. $335.96

Costco Wholesale Corp. (COST) is confirmed to report earnings at approximately 4:15 PM ET on Thursday, September 24, 2020. The consensus earnings estimate is $2.85 per share on revenue of $52.61 billion and the Earnings Whisper ® number is $2.87 per share. Investor sentiment going into the company's earnings release has 74% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 5.95% with revenue increasing by 10.76%. Short interest has decreased by 40.5% since the company's last earnings release while the stock has drifted higher by 10.4% from its open following the earnings release to be 8.4% above its 200 day moving average of $310.06. Overall earnings estimates have been revised higher since the company's last earnings release. On Friday, September 18, 2020 there was some notable buying of 7,071 contracts of the $340.00 call expiring on Friday, September 25, 2020. Option traders are pricing in a 5.0% move on earnings and the stock has averaged a 1.7% move in recent quarters.

(CLICK HERE FOR THE CHART!)

AutoZone, Inc. -

AutoZone, Inc. (AZO) is confirmed to report earnings at approximately 6:55 AM ET on Tuesday, September 22, 2020. The consensus earnings estimate is $24.69 per share on revenue of $3.98 billion and the Earnings Whisper ® number is $24.85 per share. Investor sentiment going into the company's earnings release has 59% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 9.30% with revenue decreasing by 0.21%. Short interest has decreased by 6.2% since the company's last earnings release while the stock has drifted higher by 3.2% from its open following the earnings release to be 10.0% above its 200 day moving average of $1,095.56. Overall earnings estimates have been revised higher since the company's last earnings release. Option traders are pricing in a 6.5% move on earnings and the stock has averaged a 4.0% move in recent quarters.

(CLICK HERE FOR THE CHART!)

Nike Inc $114.66

Nike Inc (NKE) is confirmed to report earnings at approximately 4:15 PM ET on Tuesday, September 22, 2020. The consensus earnings estimate is $0.45 per share on revenue of $9.05 billion and the Earnings Whisper ® number is $0.47 per share. Investor sentiment going into the company's earnings release has 62% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 47.67% with revenue decreasing by 15.10%. Short interest has increased by 1.5% since the company's last earnings release while the stock has drifted higher by 16.4% from its open following the earnings release to be 19.1% above its 200 day moving average of $96.30. Overall earnings estimates have been revised lower since the company's last earnings release. On Friday, September 18, 2020 there was some notable buying of 2,687 contracts of the $118.00 call expiring on Friday, September 25, 2020. Option traders are pricing in a 7.1% move on earnings and the stock has averaged a 4.9% move in recent quarters.

(CLICK HERE FOR THE CHART!)

Aurora Cannabis Inc $6.53

Aurora Cannabis Inc (ACB) is confirmed to report earnings at approximately 4:00 PM ET on Tuesday, September 22, 2020. The consensus estimate is for a loss of $0.29 per share on revenue of $54.64 million and the Earnings Whisper ® number is ($0.36) per share. Investor sentiment going into the company's earnings release has 55% expecting an earnings beat. Consensus estiamtes are for year-over-year revenue to decline 35.99%. Short interest has decreased by 91.2% since the company's last earnings release while the stock has drifted lower by 21.8% from its open following the earnings release to be 73.6% below its 200 day moving average of $24.77. Overall earnings estimates have been revised higher since the company's last earnings release. On Friday, September 18, 2020 there was some notable buying of 1,300 contracts of the $7.00 call expiring on Friday, September 25, 2020.

(CLICK HERE FOR THE CHART!)

Rite Aid Corp. $13.44

Rite Aid Corp. (RAD) is confirmed to report earnings at approximately 7:00 AM ET on Thursday, September 24, 2020. The consensus earnings estimate is $0.10 per share on revenue of $5.76 billion and the Earnings Whisper ® number is $0.15 per share. Investor sentiment going into the company's earnings release has 67% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 16.67% with revenue increasing by 7.34%. Short interest has decreased by 17.1% since the company's last earnings release while the stock has drifted lower by 7.2% from its open following the earnings release to be 7.6% below its 200 day moving average of $14.54. Overall earnings estimates have been revised higher since the company's last earnings release. On Wednesday, September 16, 2020 there was some notable buying of 858 contracts of the $12.00 call expiring on Friday, September 25, 2020. Option traders are pricing in a 20.6% move on earnings and the stock has averaged a 22.5% move in recent quarters.

(CLICK HERE FOR THE CHART!)

General Mills, Inc. $57.32

General Mills, Inc. (GIS) is confirmed to report earnings at approximately 7:00 AM ET on Wednesday, September 23, 2020. The consensus earnings estimate is $0.87 per share on revenue of $4.16 billion and the Earnings Whisper ® number is $0.90 per share. Investor sentiment going into the company's earnings release has 74% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 10.13% with revenue increasing by 3.94%. Short interest has decreased by 7.8% since the company's last earnings release while the stock has drifted lower by 5.2% from its open following the earnings release to be 0.8% below its 200 day moving average of $57.76. Overall earnings estimates have been unchanged since the company's last earnings release. Option traders are pricing in a 6.5% move on earnings and the stock has averaged a 2.5% move in recent quarters.

(CLICK HERE FOR THE CHART!)

CarMax, Inc. $103.07

CarMax, Inc. (KMX) is confirmed to report earnings at approximately 6:50 AM ET on Thursday, September 24, 2020. The consensus earnings estimate is $0.96 per share on revenue of $5.17 billion and the Earnings Whisper ® number is $1.06 per share. Investor sentiment going into the company's earnings release has 54% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 31.43% with revenue decreasing by 0.60%. Short interest has decreased by 22.1% since the company's last earnings release while the stock has drifted higher by 4.7% from its open following the earnings release to be 17.6% above its 200 day moving average of $87.67. Overall earnings estimates have been revised higher since the company's last earnings release. Option traders are pricing in a 8.0% move on earnings and the stock has averaged a 4.9% move in recent quarters.

(CLICK HERE FOR THE CHART!)

Stitch Fix, Inc. $28.36

Stitch Fix, Inc. (SFIX) is confirmed to report earnings at approximately 4:05 PM ET on Tuesday, September 22, 2020. The consensus estimate is for a loss of $0.18 per share on revenue of $415.11 million and the Earnings Whisper ® number is ($0.14) per share. Investor sentiment going into the company's earnings release has 56% expecting an earnings beat The company's guidance was for revenue of at least $433.00 million. Consensus estimates are for earnings to decline year-over-year by 357.14% with revenue decreasing by 3.94%. Short interest has decreased by 9.3% since the company's last earnings release while the stock has drifted higher by 23.1% from its open following the earnings release to be 26.7% above its 200 day moving average of $22.38. Overall earnings estimates have been revised higher since the company's last earnings release. On Friday, September 18, 2020 there was some notable buying of 4,160 contracts of the $23.00 put expiring on Friday, September 25, 2020. Option traders are pricing in a 21.0% move on earnings and the stock has averaged a 11.0% move in recent quarters.

(CLICK HERE FOR THE CHART!)

Aytu BioScience, Inc. $1.38

Aytu BioScience, Inc. (AYTU) is confirmed to report earnings at approximately 4:05 PM ET on Thursday, September 24, 2020. The consensus estimate is for a loss of $0.05 per share on revenue of $10.90 million. Investor sentiment going into the company's earnings release has 62% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 96.15% with revenue increasing by 535.20%. Short interest has decreased by 39.4% since the company's last earnings release while the stock has drifted lower by 22.9% from its open following the earnings release to be 13.8% above its 200 day moving average of $1.21. Overall earnings estimates have been revised lower since the company's last earnings release. The stock has averaged a 3.5% move on earnings in recent quarters.

(CLICK HERE FOR THE CHART!)

JinkoSolar Holding Co., Ltd. $24.50

JinkoSolar Holding Co., Ltd. (JKS) is confirmed to report earnings at approximately 6:40 AM ET on Wednesday, September 23, 2020. The consensus earnings estimate is $0.40 per share on revenue of $1.07 billion. Investor sentiment going into the company's earnings release has 53% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 122.22% with revenue increasing by 6.26%. Short interest has decreased by 7.4% since the company's last earnings release while the stock has drifted higher by 46.1% from its open following the earnings release to be 20.7% above its 200 day moving average of $20.30. Overall earnings estimates have been revised higher since the company's last earnings release. On Friday, August 28, 2020 there was some notable buying of 507 contracts of the $22.00 put and 502 contracts of the $25.00 call expiring on Friday, October 16, 2020. Option traders are pricing in a 11.4% move on earnings and the stock has averaged a 7.5% move in recent quarters.

(CLICK HERE FOR THE CHART!)

DISCUSS!

What are you all watching for in this upcoming trading week?
I hope you all have a wonderful weekend and a great trading week ahead stocks.
submitted by bigbear0083 to stocks [link] [comments]

The 4th way of algorithmic trading (Signal Processing)

Algorithmic trading types classified based on development perspectives:
1) Technical Analysis
2) Statistics and Probability
3) Machine Learning
I took a different path which is not discussed widely in this subreddit.
4) Signal Processing
I'm not a good storyteller, but this is my journey and advices for the beginners
First, my background:
- Electrical and Electronic engineer,
- Software developer (20+ years)
- Trader (5+ years)
- Algorithmic trader (3+ years)

How I Found The Alpha:

Before algorithmic trading, I was somehow profitable tradeinvestor. Like most of you, when I began to algorithmic trading, I tried to find magic combination of technical indicators and parameters. Also I threw OHLCV and indicators data into the RNN for prediction.
I saw that, even very simple strategies like famous moving average crossover is profitable under right market conditions with correct parameters. But you must watch it carefully and if you fell it is not working anymore, you must shut it down. It means you must be experienced trader to take care of your algorithm.
I am a fulltime software developer, algorithmic trading was my side project also it became my hobby. I tried to learn everything about this industry. I watched and listened hundreds of hours of podcasts and videos in all my free time like commuting from home to work.
These are the most useful to me:
- Chat with traders: https://www.youtube.com/channel/UCdnzT5Tl6pAkATOiDsPhqcg
- Top traders unplugged: https://www.youtube.com/usetoptraderslive
- Ukspreadbetting: https://www.youtube.com/channel/UCnKPQUoCRb1Vu-qWwWituGQ
Also I read plenty of academic papers, blog posts and this subreddit for inspiration.
Inspiration came from my field, electronics. I will not give you much detail about it but I have developed a novel signal processing technique. It is a fast and natural technique which I couldn’t find any article or paper which mention this method. It can transform any interval price data into meaningful, tradable form. The best part is, it doesn't require any parameter and it adapts to changing market conditions intrinsically.
These are the concepts that inspire me:
- Information Theory: https://en.wikipedia.org/wiki/Information_theory
- Signal Processing: https://en.wikipedia.org/wiki/Signal_processing
- ADC: https://en.wikipedia.org/wiki/Analog-to-digital_converter

What a Coincidence:

While googling to improve my algorithm, I found out that, Signal Processing is used by Jim Simon's Renaissance Technologies according to various sources including wikipedia: https://en.wikipedia.org/wiki/Financial_signal_processing

Proverbs Integration:

Output of the process can be used to develop endless type of profitable strategies. I made some money with different momentum based strategies while thinking about how I can use this technique more efficiently.
I like to combine different fields. I think trading and life itself have many things in common. So beside general trading concepts, I think that I can try to implement concepts of the life. Also because of the parameterless design, it's more like a decision making process than an optimization problem.
I searched proverbs and advices for better decision making. I handled them one by one and thought how I could implement them in a unified strategy while preserving the parameterless design. In time, this process was significantly improved stability and reliability while it was evolving from momentum to mean reversion.
These are some proverbs which I use them at various aspects of the algorithm:

- “The bamboo that bends is stronger than the oak that resists.” (Japanese proverb)
- "When the rainwater rises and descends down to where you want to cross, wait until it settles." (Sun-Tzu)
- "If you do not expect the unexpected you will not find it, for it is not to be reached by search or trail" (Heraclitus)
If you wonder how I implement them in the code, think about the last one; how do you define the unexpected, how to wait for it and how to prepare your algorithm to generate profit.
By the way, I strongly recommend: The Art of War (Sun-Tzu)

Result:

I have plenty of ideas waiting to be tested and problems that need to be solved. Nevertheless these are the some of the backtest results, for the time being:
Crypto:
- Market fee and spread are considered, slippage is not.
- For multiple assets testing; Survivorship bias was attempted to be eliminated using historical market rank of the assets. Data is acquired from coinmarketcap.com weekly report.

ETH / BTC
BNB / BTC
Binance Historical Top 100 / BTC
Other Markets:
My main focus is crypto trading. But all the improvements are cross checked in different markets and intervals and validated empirically and logically. It can’t beat every asset and every interval but it tends to work profitably across them.

https://preview.redd.it/l865fw6mjfd51.png?width=900&format=png&auto=webp&s=ff217d35637b41e26db8d7cfc3df14c3fb7ec14e
Live:
The algorithm is running live for over 1.5 years with evolving strategies I mention before. The last one is running for months.

Warnings and Advices:

- Bugs: A few months ago, before bedtime, I released new version for fixing small cosmetic bug and gone to sleep. When I woke up, I saw that nearly 40% of my account wiped out in a few hours. Instead of live settings, I published test settings. It was very painful. I have been coding since childhood, so everyone must be careful. I recommend, implement hard limit for stopping the algorithm.
- Fully Automatic Strategy: Finding an edge is not enough. If you need fully automated trading system, you need a portfolio manager (a lot of research is going on at this field) and especially an asset selector mechanism which is maybe more important than the edge itself. If your algorithm is not be able to select which assets to trade, you must select manually. It's not an easy task and it's prone to error. I was very lucky with that: A mechanism already contained in the algorithm was used to rank and select the assets based on their momentums.
- Fee-Spread: Because of the market fee and spread, trading is a negative sum game. Do not ignore it when backtesting your algorithm.
- Slippage: It's really a problem for low volume assets like penny stocks and lower market cap crypto currencies. Stay away from them or play with small capital or find a way to determine how much money you can use.
- Latency: Don’t think it's a HFT only problem. If your algorithm synchronize multiple assets data from the market and run calculations before sending order back to the market, you lose significant amount of time. This usually causes losses that you have not considered before, especially in a volatile environment. Also if you want to develop realtime strategy, you must seriously consider what you will do in downtime.
- Datasource: This is the most important part for preparation before developing you strategy. If you don’t have good, reliable data; you cannot develop a good strategy. For free data for various market; I suggest investing.com, but you should consider that volume data is not provided. For crypto, all of the exchanges provide their real data for any asset and any interval, you can use them freely. Also you can buy data , especially if you want intraday data, but I can't suggest any because I never tested them.
- Biases: Before developing algorithm, please take a look at and understand the common biases like: Survivorship bias, Look-ahead bias, Time period bias. Or you can be sure that you will face them when you go live.
- Live trading: When you think your algorithm can make money, don’t wait till perfection. Go live as soon as possible with small capital to wake up from your dreams and face with the facts early.
- Psychology: If your education is based on STEM and you don’t have trading experience, it’s not easy in the real world to swallow all those ups and downs that you see in minutes during backtest. It can affect your mood and your life much more than you think. I suggest, work with a professional trader or only invest what you can really afford to lose.

Last Words:

After over 3 years of journey, I have a profitable algorithm that I trust. I was supposed to lie on the beach and drink beer while my algorithm printing money. But I am consistently checking it’s health and I have always things to do like all software development projects.
I posted some of the backtest results, but I don’t know are they considered P/L Porn or not. If so, I can remove it.
Sorry about mysterious parts of this post. I removed some parts unwillingly before posting, but there is really a thin line between giving away your edge freely (also it means loosing it) and inspiring people to find their own way.

“Non est ad astra mollis e terris via" - Seneca

EDIT:


For those engineers and EE students who are bombing my inbox for guessing what I did; I can not write all of you in private, also I want to explain it publicly.
I must say, you are on the wrong way. If I open sourced the signal processing part, probably it doesnt mean anything to you and you can not turn it into a profitable algorithm.
I have to clarify that; before I developed the technique, I knew what I am looking for exactly. Signal processing is not magically trading the market, I am trading the market. it's just a tool to do what is in my mind near perfectly.
Also proverbs are the way of thinking. I read them and think if it means anything for trading.

Lastly watch the Kung Fu Panda :)
https://www.youtube.com/watch?v=rHvCQEr_ETk

submitted by if-not-null to algotrading [link] [comments]

9/25 AMA Dev Feedback Response Master List

Hi reddit! When I was reading the AMA Thread my eyes started to bleed with all the juicy information, but it sucked being all over the place. So I ended up making this thread to make it easier to digest. Enjoy and see you in Duos!

Battle/Season Pass

- Fear of missing out (Expiring Battle Pass) -

Cosmetic Shop

Item Rotation - "Is the main concern items going away forever and not being obtainable anymore? Quite a few people have mentioned this and it's good feedback that we're taking into account. Some players also value the exclusivity that is created when items are retired but we can see both sides of the coin here and if more people prefer things available longer we can tip the scales more in that direction :) "

Carls S.A.W. Shop

"We’ll be looking to try to make the differentiation between items in each shop a bit more clear in the future, but there aren’t any categories of cosmetic items at the moment that are only available in one shop and not the other."

New Map(s)

"Our plan for the foreseeable future is to continue expanding the existing island with new biomes and points of interest that all connect to the backstory we’ve written for SAR. In the near term we have updates to the welcome center and NPCs, and we’d also like to do shallow water and make the environment more interact-able."

Emotes

Weapon Skin Trade-ins

Content Creators/Super Content Creators

Stats/Leaderboards

Super Animals

- More being added -

Founders Edition

"Currently, in order to own the Founder’s Edition you’d need to also own the full game, so all the perks detailed are just being connected to the new Super Edition, which is what essentially replaces the full game. The Founder’s Edition will remain unchanged as a DLC pack of cosmetic items that is only available until the end of Early Access, at which point those items can’t be purchased again and become exclusive."

Regular Edition

"We’re actually providing S.A.W. Tickets with the Super Edition, and you can choose what to spend them on. It’ll be more tickets than the first Super Animal Pass costs. Since we need to be able to fund ongoing development of the game and we want to be able to keep increasing our aspirations for what it can grow into, an unlimited subscription to all future Super Animal Passes probably isn’t something we could sustainably do. We’re doing our best to make sure they’re worth it though!"

Cross Promotions/Cosmetics

Private/Custom Servers

Leaving Early Access

Future Events/Patches

New Game Modes

Crossplatform/Consoles

Lore

Balance/Weapons

Achievements/Daily & Weekly Challenges

Custom Skins/Characters & Modding

Public Test Realm (PTR)

Misc

submitted by F8_ to animalroyale [link] [comments]

Wall Street Week Ahead for the trading week beginning September 21st, 2020

Good Friday evening to all of you here on StockMarket. I hope everyone on this sub made out pretty nicely in the market this past week, and is ready for the new trading week ahead.
Here is everything you need to know to get you ready for the trading week beginning September 21st, 2020.

Markets are expected to be choppy, but dip buyers could be looking at tech favorites in week ahead - (Source)

After another week of losses, tech could be at the heart of a tug of war as dip buyers look for bargains in some of their favorite names and others see the group as still too frothy.
In the past week, the S&P 500 and Nasdaq were both down about 0.6%, the third losing week. It was the S&P 500′s longest losing streak since October. Tech was broadly lower, with Amazon and Facebook both down 5% for the week. Information technology shares lost 1% but communications which includes Facebook and Google fell 2.3% for the week.
“I think every time you’ve had a significant pullback in the familiar names, that tends to draw in more money,” said Ed Keon, chief investment strategist at QMA. “You’ve had a little rotation toward value. That’s a healthy sign for the market. I don’t think that’s an unhealthy market even though stocks look pricey. Given how low interest rates are, stocks look like the only game in town.”
There are also a number of Fed speeches, but the most important will be the appearances by Fed Chairman Jerome Powell before three Congressional committees. At two of those, Tuesday and Thursday, Powell appears with Treasury Secretary Steven Mnuchin to discuss coronavirus aid.
Art Hogan, chief market strategist at National Securities, said he does not expect much from Powell after his comments following the Fed’s meeting this week, though the central bank chairman is likely to once more tell Congress fiscal stimulus is needed to help the economy recover.
Keon said it would be positive if there could be another stimulus deal but the market no longer expects it. “If we do get a deal, that would be really positive. I think at this point, there’s a little bit of a slowdown in news. We still have a ways to go before we get into earnings warnings season. We’re going to worry more about the presidential election and its aftermath,” said Keon.
Keon said investors are increasingly focused on the election and the potential for an uncertain outcome, as states deal with large amounts of mailed ballots for the first time. He said the concern is it could take weeks or months to determine the outcome if the race is close.
“It’s still six weeks to the election. We haven’t had the debates yet. That six weeks is a lifetime. Biden seems to be the favorite at this point, but I don’t think the market is betting on anything but higher volatility,” Keon said. President Donald Trump and former vice president Joe Biden hold their first debate Sept. 29.
“I think volatility is the norm, not the exception, until we get through the election,” said Hogan.
Investors have been hedging against extended volatility after the election. Patrick Kernan, who trades S&P options with Cardinal Capital, said the flow into S&P 500 options for January has been steady over the past several days. “The options markets are implying a contested election that could last until January,” he said. He said the market is not positioning around one candidate or other, just uncertainty.
Goldman Sachs strategists noted Friday that investors have pushed out some hedging further into November, though some investors appear to be betting on an outcome by Dec. 8, the date states with contested elections have to report.
There are also a few important reports on the economic calendar, including housing data on existing home sales Tuesday and new home sales Thursday. “The housing market has been solid and hopefully, we’ll get confirmation of that because people were upset by the decline in housing starts,” said Hogan.
Manufacturing PMI is released Wednesday and durable goods are reported Friday.

This past week saw the following moves in the S&P:

(CLICK HERE FOR THE FULL S&P TREE MAP FOR THE PAST WEEK!)

Major Indices for this past week:

(CLICK HERE FOR THE MAJOR INDICES FOR THE PAST WEEK!)

Major Futures Markets as of Friday's close:

(CLICK HERE FOR THE MAJOR FUTURES INDICES AS OF FRIDAY!)

Economic Calendar for the Week Ahead:

(CLICK HERE FOR THE FULL ECONOMIC CALENDAR FOR THE WEEK AHEAD!)

Percentage Changes for the Major Indices, WTD, MTD, QTD, YTD as of Friday's close:

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S&P Sectors for the Past Week:

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Major Indices Pullback/Correction Levels as of Friday's close:

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Major Indices Rally Levels as of Friday's close:

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Most Anticipated Earnings Releases for this week:

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Here are the upcoming IPO's for this week:

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Election Charts You Need To See: Part 2

As we noted last week, the demand for election charts is off the charts (pun intended), so we are sharing some of our favorite election charts.
Without further ado, here are some more election charts you need to know as November 3 inches closer.
How stocks perform three months before the election has a stellar track record of predicting who will win in November. If stocks are higher, the incumbent party tends to win, while if stocks are lower, the incumbent party tends to lose. This indicator accurately predicted the winner 87% of the time (20 of 23) since the late 1920s.
(CLICK HERE FOR THE CHART!)
Building on this, if President Donald Trump is going to win, right about now is when the S&P 500 Index should start to outperform. Of course, if it weakens, it could mean we will be looking at a President Joe Biden soon.
(CLICK HERE FOR THE CHART!)
Speaking of presidents up for re-election, here’s what the S&P 500 historically has done during re-election years.
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Lastly, here are two final charts that may help forecast the outcome.
If real per capita disposable income is higher, the incumbent president usually wins. Conversely, if wages are weak, that bodes well for someone new in the White House. Given real per capita disposable income is up more than 7% this year, it would suggest President Trump should take more than 70% of the votes. Of course, this is greatly skewed due to the CARES Act, so we’d put a major asterisk next to this one.
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To sum up, Gallup poll approval ratings have done a nice job of predicting how many votes a president up for re-election might get. With a 42% Gallup approval rating currently, this comes out to 49% of the total votes for President Trump, which points to a close race.
(CLICK HERE FOR THE CHART!)

Election Charts You Need To See: Part 3

One of the top requests we’ve received the past few weeks is for more charts on the US elections. We shared some of our favorite in Election Charts You Need to See: Part 1 and Part 2, and today’s the third blog in our series on this important event.
S&P 500 Index earnings are expected to jump close to 23% in 2021 according to FactSet, as the global economy recovers. Presidential nominee Joe Biden has made it very clear he will likely hike taxes, which could potentially cut 10 percentage points off earnings growth next year if implemented. If Biden wins, we would expect Chinese tariffs to be removed as well, which would offset some of that impact and according to our friends at Strategas Research Partners would suggest earnings growth of nearly 17%.
(CLICK HERE FOR THE CHART!)
As shown in our LPL Chart of the Day, how the US dollar does ahead of the election has been a great indicator of which party might win in November. If the dollar is weak three months before the election, this bodes well for the incumbent party, while the incumbent party tends to lose if the dollar is strong. This signal has been right 7 of the past 8 elections.
As we saw back in March, when trouble hits, the US dollar tends to do well, as investors flock to the safety of the world’s reserve currency. When things are calm, the dollar tends to weaken, which favors riskier assets. So far, the dollar is slightly lower, which would suggest a potential win for President Donald Trump.
(CLICK HERE FOR THE CHART!)
Also, the size of the tax increase proposed by Joe Biden as a percentage of gross domestic product (GDP) would be one of the largest ever and rival President Lyndon B. Johnson’s (LBJ) tax increases in the late 1960s. Let’s remember though, if there’s a split Congress, the chances of the full tax plan being implemented is quite slim. Additionally, a weaker economy would also reduce the chances of a large tax hike.
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Seasonal Volatility Just Getting Started

The market's day-to-day volatility has picked up in September after experiencing more stable trading action during the summer months. This is not out of the ordinary. Historically, the most volatile time of the year for stocks has been between September and early November. You can see this in the chart below that shows the average absolute daily percentage change for each trading day of the year beginning on the first trading day of January through the last trading day of December. As shown, daily volatility is very consistent around the +/-0.70% level over the first eight months of the year, but then it starts to pick up beginning in September until it reaches a peak during the first week or two of November. From there, the holiday season takes over and daily volatility plummets right through the end of the year. As shown in the chart, unfortunately we've still got a ways to go to get to the top of the volatility mountain, so make sure you've got your climbing gear ready for the next six to eight weeks!
(CLICK HERE FOR THE CHART!)

Keeping Tabs On High Frequency Growth

The week ended September 11th showed a sharp decline in our index of weekly GDP versus the year before. As shown, our index can be quite volatile, but it does do a decent job tracking the general trajectory of GDP. Since peaking at an implied growth rate of +0.9% YoY on July 10th, our index has slid to -2% YoY, the lowest reading since mid-June.
(CLICK HERE FOR THE CHART!)
Taking a look at another tracker of short-term economic growth, below we show Weekly Economic Index data updated by the New York Fed each week. After decelerating sequentially YoY for the week ended September 4th, the WEI reported sequential YoY growth slower once again in the week ended September 11th. We also show what each high frequency tracker implies about quarterly growth. As shown, our tracker has consistently implied a higher quarterly growth rate than the Weekly Economic Index, and official data for the last two quarters. That said, Q3 is tracking at least 20%, with upside to the high-20s as the US continues to rebound from COVID. This post was originally published in our post-market macro report -- The Closer -- last night.
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Sell(ing) Rosh Hashanah, Buy Yom Kippur

As the High Holidays approach you may remember the old saying on the Street, “Sell Rosh Hashanah, Buy Yom Kippur.” It gets tossed around every autumn when the “high holidays” are on the minds of traders as many of their Jewish colleagues take off to observe the Jewish New Year and Day of Atonement.
The basis for this, “Sell Rosh Hashanah, Buy Yom Kippur,” pattern is that with many traders and investors busy with religious observance and family, positions are closed out and volume fades creating a buying vacuum. Even in the age of algorithmic, computer, and high frequency trading these seasonal patterns persist as humans still need to turn the machines on and off and feed them money or take it away – and these algorithms and trading programs are written by people so the human influence is still there.
Holiday seasonality around official market holidays is something we pay close attention to (page 100 Stock Trader’s Almanac). Actual stats on the most observed Hebrew holidays have been compiled in the table here. We present the data back to 1971 and when the holiday falls on a weekend the prior market close is used. It’s no coincidence that Rosh Hashanah and Yom Kippur fall in September and/or October, two dangerous and sometimes opportune months.
(CLICK HERE FOR THE CHART!)
Perhaps it’s Talmudic wisdom but, selling stocks before the eight-day span of the high holidays has avoided many declines, especially during uncertain times. While being long Yom Kippur to Passover has produced 59% more advances, half as many losses and average gains of 6.7%.
This year the high holidays commence on Friday eve, September 18, and end Monday September 28 with Yom Kippur just before Octoberphobia. The current news flow already has folks selling ahead of the Jewish High Holidays, quite possibly setting up the market for further declines.

S&P 500 down 24 of 30 during week after September options expiration, average loss 0.95%

The week after September options expiration week, next week, has a dreadful history of declines most notably since 1990. The week after September options expiration week has been a nearly constant source of pain with only a few meaningful exceptions over the past 30 years. Substantial and across the board gains have occurred just four times: 1998, 2001, 2010 and 2016 while many more weeks were hit with sizable losses.
Full stats are in the following sea-of-red table. Average losses since 1990 are even worse; DJIA –1.01%, S&P 500 –0.95%, NASDAQ –0.95% and a sizable –1.42% for Russell 2000. End-of-Q3 portfolio restructuring is the most likely explanation for this trend as managers trim summer holdings and position for the fourth quarter.
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STOCK MARKET VIDEO: Stock Market Analysis Video for Week Ending September 18th, 2020

(CLICK HERE FOR THE YOUTUBE VIDEO!)

STOCK MARKET VIDEO: ShadowTrader Video Weekly 9.20.20

([CLICK HERE FOR THE YOUTUBE VIDEO!]())
(VIDEO NOT YET POSTED.)
Here are the most notable companies (tickers) reporting earnings in this upcoming trading week ahead-
  • $COST
  • $AZO
  • $NKE
  • $ACB
  • $RAD
  • $GIS
  • $KMX
  • $SFIX
  • $AYTU
  • $JKS
  • $FDS
  • $DRI
  • $ACN
  • $TNP
  • $KBH
  • $BB
  • $CTAS
  • $NEOG
  • $WOR
  • $JBL
  • $QTT
  • $CNTG
  • $TCOM
  • $NTWK
  • $MTN
  • $FUL
  • $CAMP
  • $SANW
  • $AIR
  • $AIH
  • $SCHL
  • $ERYP
(CLICK HERE FOR NEXT WEEK'S MOST NOTABLE EARNINGS RELEASES!)
(CLICK HERE FOR NEXT WEEK'S HIGHEST VOLATILITY EARNINGS RELEASES!)
Below are some of the notable companies coming out with earnings releases this upcoming trading week ahead which includes the date/time of release & consensus estimates courtesy of Earnings Whispers:

Monday 9.21.20 Before Market Open:

([CLICK HERE FOR MONDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!]())
(NONE.)

Monday 9.21.20 After Market Close:

([CLICK HERE FOR MONDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!]())
(NONE.)

Tuesday 9.22.20 Before Market Open:

(CLICK HERE FOR TUESDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!)

Tuesday 9.22.20 After Market Close:

(CLICK HERE FOR TUESDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!)

Wednesday 9.23.20 Before Market Open:

(CLICK HERE FOR WEDNESDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!)

Wednesday 9.23.20 After Market Close:

(CLICK HERE FOR WEDNESDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!)

Thursday 9.24.20 Before Market Open:

(CLICK HERE FOR THURSDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!)

Thursday 9.24.20 After Market Close:

(CLICK HERE FOR THURSDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!)

Friday 9.25.20 Before Market Open:

([CLICK HERE FOR FRIDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!]())
(NONE.)

Friday 9.25.20 After Market Close:

([CLICK HERE FOR FRIDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!]())
(NONE.)

Costco Wholesale Corp. $335.96

Costco Wholesale Corp. (COST) is confirmed to report earnings at approximately 4:15 PM ET on Thursday, September 24, 2020. The consensus earnings estimate is $2.85 per share on revenue of $52.61 billion and the Earnings Whisper ® number is $2.87 per share. Investor sentiment going into the company's earnings release has 74% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 5.95% with revenue increasing by 10.76%. Short interest has decreased by 40.5% since the company's last earnings release while the stock has drifted higher by 10.4% from its open following the earnings release to be 8.4% above its 200 day moving average of $310.06. Overall earnings estimates have been revised higher since the company's last earnings release. On Friday, September 18, 2020 there was some notable buying of 7,071 contracts of the $340.00 call expiring on Friday, September 25, 2020. Option traders are pricing in a 5.0% move on earnings and the stock has averaged a 1.7% move in recent quarters.

(CLICK HERE FOR THE CHART!)

AutoZone, Inc. -

AutoZone, Inc. (AZO) is confirmed to report earnings at approximately 6:55 AM ET on Tuesday, September 22, 2020. The consensus earnings estimate is $24.69 per share on revenue of $3.98 billion and the Earnings Whisper ® number is $24.85 per share. Investor sentiment going into the company's earnings release has 59% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 9.30% with revenue decreasing by 0.21%. Short interest has decreased by 6.2% since the company's last earnings release while the stock has drifted higher by 3.2% from its open following the earnings release to be 10.0% above its 200 day moving average of $1,095.56. Overall earnings estimates have been revised higher since the company's last earnings release. Option traders are pricing in a 6.5% move on earnings and the stock has averaged a 4.0% move in recent quarters.

(CLICK HERE FOR THE CHART!)

Nike Inc $114.66

Nike Inc (NKE) is confirmed to report earnings at approximately 4:15 PM ET on Tuesday, September 22, 2020. The consensus earnings estimate is $0.45 per share on revenue of $9.05 billion and the Earnings Whisper ® number is $0.47 per share. Investor sentiment going into the company's earnings release has 62% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 47.67% with revenue decreasing by 15.10%. Short interest has increased by 1.5% since the company's last earnings release while the stock has drifted higher by 16.4% from its open following the earnings release to be 19.1% above its 200 day moving average of $96.30. Overall earnings estimates have been revised lower since the company's last earnings release. On Friday, September 18, 2020 there was some notable buying of 2,687 contracts of the $118.00 call expiring on Friday, September 25, 2020. Option traders are pricing in a 7.1% move on earnings and the stock has averaged a 4.9% move in recent quarters.

(CLICK HERE FOR THE CHART!)

Aurora Cannabis Inc $6.53

Aurora Cannabis Inc (ACB) is confirmed to report earnings at approximately 4:00 PM ET on Tuesday, September 22, 2020. The consensus estimate is for a loss of $0.29 per share on revenue of $54.64 million and the Earnings Whisper ® number is ($0.36) per share. Investor sentiment going into the company's earnings release has 55% expecting an earnings beat. Consensus estiamtes are for year-over-year revenue to decline 35.99%. Short interest has decreased by 91.2% since the company's last earnings release while the stock has drifted lower by 21.8% from its open following the earnings release to be 73.6% below its 200 day moving average of $24.77. Overall earnings estimates have been revised higher since the company's last earnings release. On Friday, September 18, 2020 there was some notable buying of 1,300 contracts of the $7.00 call expiring on Friday, September 25, 2020.

(CLICK HERE FOR THE CHART!)

Rite Aid Corp. $13.44

Rite Aid Corp. (RAD) is confirmed to report earnings at approximately 7:00 AM ET on Thursday, September 24, 2020. The consensus earnings estimate is $0.10 per share on revenue of $5.76 billion and the Earnings Whisper ® number is $0.15 per share. Investor sentiment going into the company's earnings release has 67% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 16.67% with revenue increasing by 7.34%. Short interest has decreased by 17.1% since the company's last earnings release while the stock has drifted lower by 7.2% from its open following the earnings release to be 7.6% below its 200 day moving average of $14.54. Overall earnings estimates have been revised higher since the company's last earnings release. On Wednesday, September 16, 2020 there was some notable buying of 858 contracts of the $12.00 call expiring on Friday, September 25, 2020. Option traders are pricing in a 20.6% move on earnings and the stock has averaged a 22.5% move in recent quarters.

(CLICK HERE FOR THE CHART!)

General Mills, Inc. $57.32

General Mills, Inc. (GIS) is confirmed to report earnings at approximately 7:00 AM ET on Wednesday, September 23, 2020. The consensus earnings estimate is $0.87 per share on revenue of $4.16 billion and the Earnings Whisper ® number is $0.90 per share. Investor sentiment going into the company's earnings release has 74% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 10.13% with revenue increasing by 3.94%. Short interest has decreased by 7.8% since the company's last earnings release while the stock has drifted lower by 5.2% from its open following the earnings release to be 0.8% below its 200 day moving average of $57.76. Overall earnings estimates have been unchanged since the company's last earnings release. Option traders are pricing in a 6.5% move on earnings and the stock has averaged a 2.5% move in recent quarters.

(CLICK HERE FOR THE CHART!)

CarMax, Inc. $103.07

CarMax, Inc. (KMX) is confirmed to report earnings at approximately 6:50 AM ET on Thursday, September 24, 2020. The consensus earnings estimate is $0.96 per share on revenue of $5.17 billion and the Earnings Whisper ® number is $1.06 per share. Investor sentiment going into the company's earnings release has 54% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 31.43% with revenue decreasing by 0.60%. Short interest has decreased by 22.1% since the company's last earnings release while the stock has drifted higher by 4.7% from its open following the earnings release to be 17.6% above its 200 day moving average of $87.67. Overall earnings estimates have been revised higher since the company's last earnings release. Option traders are pricing in a 8.0% move on earnings and the stock has averaged a 4.9% move in recent quarters.

(CLICK HERE FOR THE CHART!)

Stitch Fix, Inc. $28.36

Stitch Fix, Inc. (SFIX) is confirmed to report earnings at approximately 4:05 PM ET on Tuesday, September 22, 2020. The consensus estimate is for a loss of $0.18 per share on revenue of $415.11 million and the Earnings Whisper ® number is ($0.14) per share. Investor sentiment going into the company's earnings release has 56% expecting an earnings beat The company's guidance was for revenue of at least $433.00 million. Consensus estimates are for earnings to decline year-over-year by 357.14% with revenue decreasing by 3.94%. Short interest has decreased by 9.3% since the company's last earnings release while the stock has drifted higher by 23.1% from its open following the earnings release to be 26.7% above its 200 day moving average of $22.38. Overall earnings estimates have been revised higher since the company's last earnings release. On Friday, September 18, 2020 there was some notable buying of 4,160 contracts of the $23.00 put expiring on Friday, September 25, 2020. Option traders are pricing in a 21.0% move on earnings and the stock has averaged a 11.0% move in recent quarters.

(CLICK HERE FOR THE CHART!)

Aytu BioScience, Inc. $1.38

Aytu BioScience, Inc. (AYTU) is confirmed to report earnings at approximately 4:05 PM ET on Thursday, September 24, 2020. The consensus estimate is for a loss of $0.05 per share on revenue of $10.90 million. Investor sentiment going into the company's earnings release has 62% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 96.15% with revenue increasing by 535.20%. Short interest has decreased by 39.4% since the company's last earnings release while the stock has drifted lower by 22.9% from its open following the earnings release to be 13.8% above its 200 day moving average of $1.21. Overall earnings estimates have been revised lower since the company's last earnings release. The stock has averaged a 3.5% move on earnings in recent quarters.

(CLICK HERE FOR THE CHART!)

JinkoSolar Holding Co., Ltd. $24.50

JinkoSolar Holding Co., Ltd. (JKS) is confirmed to report earnings at approximately 6:40 AM ET on Wednesday, September 23, 2020. The consensus earnings estimate is $0.40 per share on revenue of $1.07 billion. Investor sentiment going into the company's earnings release has 53% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 122.22% with revenue increasing by 6.26%. Short interest has decreased by 7.4% since the company's last earnings release while the stock has drifted higher by 46.1% from its open following the earnings release to be 20.7% above its 200 day moving average of $20.30. Overall earnings estimates have been revised higher since the company's last earnings release. On Friday, August 28, 2020 there was some notable buying of 507 contracts of the $22.00 put and 502 contracts of the $25.00 call expiring on Friday, October 16, 2020. Option traders are pricing in a 11.4% move on earnings and the stock has averaged a 7.5% move in recent quarters.

(CLICK HERE FOR THE CHART!)

DISCUSS!

What are you all watching for in this upcoming trading week?
I hope you all have a wonderful weekend and a great trading week ahead StockMarket.
submitted by bigbear0083 to StockMarket [link] [comments]

Beginner Guide to Investing Forex Trading Currency Trading ... How to make money on the Forex market? - YouTube No Nonsense Forex - YouTube My Morning Routine  Forex Trading Journey - YouTube Forex Trading for Beginners - YouTube

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