***Official*** 2016 Stock Market Thread

[dullard]

How does that work in the European or Japanese markets where inflation has gone negative at points in the past few years...

Edit: So I googled an inflation calculator. Plugging in US$ 1500 in 2000 equals about $2100 in 2016. Wonder if it can be inflation-adjusted that simply.

http://www.bls.gov/data/inflation_calculator.htm

Basically, that was what I was referring to. Although, you posted a yearly inflation adjustment, while you can adjust to it monthly instead.

The Mar 24, 2000 S&P high close was 1527.46. The CPI-U data for Mar 2000 was 171.2. For June 2016 it was 240.236. Thus, the CPI-U went up 240.236 / 171.2 - 1 = 40.325% in that time. 1527.46 * (1 + 40.325%) = 2143.4. Today's S&P close of 2137.16 was a numerical high, but not an inflation adjusted high. It is 6.2 points or 0.29% too low. Note: this all assumes that July 2016 inflation numbers are unchanged from June 2016.

With deflation, you do the same thing, but the numbers drop instead of increase.

 

[Charmonium]

How does that work in the European or Japanese markets where inflation has gone negative at points in the past few years...

Edit: So I googled an inflation calculator. Plugging in US$ 1500 in 2000 equals about $2100 in 2016. Wonder if it can be inflation-adjusted that simply.

http://www.bls.gov/data/inflation_calculator.htm

You'd go in the opposite direction so from 1.5k to maybe 1.3k - in nominal terms.

This might be one of the reasons you get an inverted yield curve before a recession. People are more willing to lend long because they think the money will be worth more. But that's just speculation on my part.

 

[Imp]

This might be one of the reasons you get an inverted yield curve before a recession. People are more willing to lend long because they think the money will be worth more. But that's just speculation on my part.

RE: inverted yield curves

Read some stuff in the past few weeks about how the ZIRP and NIRP has made the yield curve inversion useless on the surface. Some analysts adjusted it for NIRP/ZIRP and it may have already inverted. You'll have to look it up, too lazy, and only typing with one hand right now...

 

[Imp]

Hahahahahahaha... Vancouver housing market showing problems. So, average detached home (including shitty bungalows) price around $1.5 million not sustainable with ~$80k/year average household total income?

Last month there were a total of 2,618 listings for detached homes on the MLS and only 1,555 sales; a sales-to-listings ratio of 59 per cent. It is the lowest percentage of homes sold during the month of June since June 2013, the beginning of Vancouver’s sharp spike in home prices.

http://globalnews.ca/news/2814577/i...-real-estate-bubble-may-be-starting-to-burst/

Save us rich Chinese nationals, save us...

 

[FelixDeCat]

The current price for silver has a high of 21 and floor of 20. The next major move up or down might happen when the current contract expires in September.

 

[FelixDeCat]

They have absolutely RUINED Yahoo Finance. I have been a faithful daily user for EIGHTEEN YEARS and now its not just bad, its pathetic. Everything from the chart to the interface. Heck they even managed to screw up something as simple as historical prices.

"OMG Buffy, we can use it own our 5 inch screen with one finger now! Oh look the stock market! Its magic! Wait...wheres the emojis? I cant tell if a stock is up or down with emojis!"

Now it looks like I need to find a suitable financial web site geared towards 1900x1200 24 inch dual monitor with a full size keyboard and mouse setup.

 

[Imp]

Everything is awesome... that's all that matters. Stocks are up, oil is up. Nothing else is important.

Can't wait until September.

 

[Miramonti]

They have absolutely RUINED Yahoo Finance.

I'm good with the main quote page and find it easier, but admit the chart is a little borked.

Now it looks like I need to find a suitable financial web site geared towards 1900x1200 24 inch dual monitor with a full size keyboard and mouse setup.

Ah, so you prefer a site backdated a 1/2 decade+, got it.

 

[Imp]

^Ya, get with the program, grandpa. It's all 1920x1080 now.

Seriously, 16:9 is easier to find than 16:10 from what I've seen in the past year. I have a 1920x1200.

 

[FelixDeCat]

Ive been using investing.com a lot lately to track futures and commodities. It likes like they have good stock quotes with properly formatted historical data and charts.

I think I will use them full time for a while.

http://www.investing.com/indices/indices-futures

 

[sm625]

2016-06-17      16.5 chg   11.4, score:   27.9 graph:   56.6
2016-06-20      11.1 chg   -5.4, score:    5.8 graph:   54.5
2016-06-21      -6.6 chg  -17.7, score:  -24.3 graph:   47.4
2016-06-22     -31.7 chg  -25.1, score:  -56.7 graph:   37.3
2016-06-23     -58.3 chg  -26.7, score:  -85.0 graph:   26.7
2016-06-24     -20.9 chg   37.4, score:   16.5 graph:   41.6
2016-06-27     -15.3 chg    5.6, score:   -9.7 graph:   43.9
2016-06-28      37.4 chg   52.8, score:   90.2 graph:   65.0 BUYIF
2016-06-29      57.0 chg   19.5, score:   76.5 graph:   74.4 BUY
2016-06-30      28.2 chg  -28.8, score:   -0.6 graph:   67.3 (sell in 14.0 days)
2016-07-01      10.3 chg  -17.9, score:   -7.6 graph:   59.7 (sell in 12.7 days)
2016-07-05      12.7 chg    2.4, score:   15.1 graph:   60.2 BUY
2016-07-06      14.5 chg    1.8, score:   16.3 graph:   62.7 BUY
2016-07-07      19.6 chg    5.1, score:   24.8 graph:   66.6 BUY
2016-07-08       0.4 chg  -19.3, score:  -18.9 graph:   60.9 (sell in 25.2 days)
2016-07-11       2.3 chg    2.0, score:    4.3 graph:   61.0 (sell in 24.4 days)
2016-07-12       6.3 chg    3.9, score:   10.2 graph:   62.3 (sell in 23.8 days)
2016-07-13      -1.4 chg   -7.6, score:   -9.0 graph:   59.0 (sell in 22.5 days)
2016-07-14       2.3 chg    3.7, score:    6.0 graph:   59.9 (sell in 21.7 days)
2016-07-15      -0.5 chg   -2.8, score:   -3.3 graph:   58.5 (sell in 20.6 days)

Knowing that I always sell too early, before my indicator even says to sell, I'm going to try to hold on this time. I'm getting rid of the July calls because they're expiring, but holding the august calls.

 

[brianmanahan]

^Ya, get with the program, grandpa. It's all 1920x1080 now.

Seriously, 16:9 is easier to find than 16:10 from what I've seen in the past year. I have a 1920x1200.

man, gotta go big or go home.

my 27" 2560x1440 seems too small now, gonna go to a 4k sson

 

[JEDI]

^Ya, get with the program, grandpa. It's all 1920x1080 now.

Seriously, 16:9 is easier to find than 16:10 from what I've seen in the past year. I have a 1920x1200.

ppppffft... dual 1440 x 2560 or gtfo!
and yeah, new yahoo finance sucks donkey balls!

Ive been using investing.com a lot lately to track futures and commodities. It likes like they have good stock quotes with properly formatted historical data and charts.

I think I will use them full time for a while.

http://www.investing.com/indices/indices-futures

yeah, love investing.com
free live stream oil futures w/o registering!

 

[KB]

Herbalife makes a deal with the FTC and is up big. Part of me is content to see Bill Ackman losing his shirt on his short position. It makes some of my bad timing losses look small compared to his.

http://www.valuewalk.com/2016/07/herbalife-ltd-hlf-ftc-deal/

 

[Hacp]

Herbalife makes a deal with the FTC and is up big. Part of me is content to see Bill Ackman losing his shirt on his short position. It makes some of my bad timing losses look small compared to his.

http://www.valuewalk.com/2016/07/herbalife-ltd-hlf-ftc-deal/

He doesn't have a short position, just some options. He'll just lose what he paid for the options.

 

[overst33r]

Everything is awesome... that's all that matters. Stocks are up, oil is up. Nothing else is important.

Can't wait until September.

What's in September?

 

[holden j caufield]

have to go with 4k screens, easily the best money spent since I look at the screen so often and I can now fit 8 virtual machines on 2 4k screen (I'd advise on a getting larger than 28" if you view at 100% dpi).

 

[Udgnim]

What's in September?

Fed meeting for potential rate hike?

there's one still due in July but everyone assumes Fed won't do any rate hike in July

next Fed meeting after July is in September

 

[Miramonti]

have to go with 4k screens, easily the best money spent since I look at the screen so often and I can now fit 8 virtual machines on 2 4k screen (I'd advise on a getting larger than 28" if you view at 100% dpi).

Agreed. I upgraded to one 40" 3840x2160 4k monitor recently when Amazon had it for $699. For me, this is a perfect size for a 4k display.

 

[eng2d2]

They have absolutely RUINED Yahoo Finance. I have been a faithful daily user for EIGHTEEN YEARS and now its not just bad, its pathetic. Everything from the chart to the interface. Heck they even managed to screw up something as simple as historical prices.

"OMG Buffy, we can use it own our 5 inch screen with one finger now! Oh look the stock market! Its magic! Wait...wheres the emojis? I cant tell if a stock is up or down with emojis!"

Now it looks like I need to find a suitable financial web site geared towards 1900x1200 24 inch dual monitor with a full size keyboard and mouse setup.

I am disappointed with yahoos changes too. Have you tried google finance? They are not that bad.

 

[ponyo]

I can't get over the fact that I may get murdered over some stupid shiny round metal items in my home that are worth more than most people make in a week.

India 'gold man' battered to death

 

[Imp]

man, gotta go big or go home.

my 27" 2560x1440 seems too small now, gonna go to a 4k sson

Text too small. Seriously, text just okay right now for me at 1920x1200. Took me months to get used to it -- then I learned to bypass font settings on web pages with Accessibility in Windows and eventually switched to Chrome that actually lets me set text sizes.

What's in September?

Hopefully, a wake up call concerning the state of the global economy. Nothing usually happens in the summer.

 

[brianmanahan]

India 'gold man' battered to death

this is why i keep gold in my basement and my safe deposit box

 

[KB]

He doesn't have a short position, just some options. He'll just lose what he paid for the options.

Looks like a short position to me.

http://www.marketwatch.com/story/bill-ackmans-annus-horribilis-is-only-getting-worse-2016-07-15

http://www.businessinsider.com/bill-ackman-herbalife-webcast-2016-2

 

[holden j caufield]

How does the the attempted coup in Turkey affect the markets on Monday? Should I buy some VIX or TVIX, it's pretty low right now.