***Official*** 2017 Stock Market Thread

[Charmonium]

^You made me double-check: I really thought the ECB got in on it already since they followed Japan into negative rates. So, it's just Japan right now from what I can tell.

http://www.reuters.com/article/us-japan-stocks-boj-idUSKCN10X29O?il=0

On the other hand, the central banks know that QE and low interest rates are being used to help buy back shares. If you facilitate an activity, does that make you an active participant...

Edit: Woops, missed one. Swiss National Bank in on the stock buying too.

http://www.reuters.com/article/swiss-snb-stocks-idUSL8N1B7383

Thanks. I think I knew about Japan but since Business Insider decided to stop sending me emails I haven't been following the business news very much. Not sure what their f*ing problem is.

But to answer your question, I suppose it makes them somewhat complicit. Except that it's really the choice of investors as to what risk assets they choose. They could put that money into bonds or real estate or commodities or keep it in cash. Besides, the central bank doesn't have any direct interest in propping up the stock market. OK, there's the wealth effect that can stimulate borrowing and thus stimulate money creation, the money multiplier, etc. but I've never heard anyone actively talk up that aspect of their policy.

 

[FelixDeCat]

Wow! AMD now $13.50, up $1.32!

Could $18 come to pass later this year? I don't own anything on it....yet.

 

[FelixDeCat]

Could not help myself. Bought some DRYS @ $4.50 this morning. Earnings tomorrow, hoping for upside surprise to $100 share.

But will settle for $10.

 

[JEDI]

Could not help myself. Bought some DRYS @ $4.50 this morning. Earnings tomorrow, hoping for upside surprise to $100 share.

But will settle for $10.

um..er..wat?!
bdi to increase in the short term??

 

[Imp]

Thanks. I think I knew about Japan but since Business Insider decided to stop sending me emails I haven't been following the business news very much. Not sure what their f*ing problem is.

... but I've never heard anyone actively talk up that aspect of their policy.

Did you leave your pop-up blocker on and get blacklisted? Business Insider "blocks" me every time I click a link to go to their site... because I left my browser's pop-up blocker in the default "on" position.

And I'm, obviously, much more cynical than you: I do believe it's in the interest of Yellen & friends to prop up the market.

 

[FelixDeCat]

um..er..wat?!
bdi to increase in the short term??

Well I made a really fast $1 in a few hours.

Sold @ $5.50! (I will probably regret it, but DRYS is very risky).

 

[Imp]

^DRYS went up ~35% today... sounds like you got a big chunk of it. I say you did well. It could go to $0.50 in a week for all we know.

 

[Red Squirrel]

What the heck why not. Bought 2900 units of GWA.v at 0.175. Haha. Well I'll only know tomorrow if it actually goes through. Not sure how off hours trading works, I imagine if the stock opens at a higher price then the transaction fails.

Some people have made a killing with some of the big mines like Lakeshore or Goldcorp. Who knows, this company might end up like one of those in the future. Totally an uneducated decision but it's better than having the money just sitting in a savings account is how I look at it.

Bombardier is going up a bit too, because of the bailout. Not that I agree at all with it from a political standpoint, but hey at least some good came of it.

 

[zinfamous]

Wow! AMD now $13.50, up $1.32!

Could $18 come to pass later this year? I don't own anything on it....yet.

Yeah, it's hard to say. I think $20 at some point this year is very optimistic, but not entirely unrealistic. Zen + Vega has to be a success and Zen, especially, has to be a winner on servers with Naples. Naples doesn't come out until (probably late) Q2, so it probably won't be until ~September that we see a share price like that, if it happens.

But then, what do I know? I expected Monday to open low and stabilize back down to low $12 or just under. Then it jumps 11.6% or whatever.

The only thing that I know for sure is that I'm an idiot.

 

[Charmonium]

Early leaks for Ryzen performance seem to compare favorably with Intel from what I can see and given the fact that Kaby isn't going to be much of an improvement and the thermal envelope for Ryzen is pretty impressive, I think this chip is going to start taking market share.

I don't know how this is going to work in the server space though. Intel has 22 core/44 thread chips out there with their v4 Xeon E5's. How do you compete with that when you're still producing 8/16 chips?

 

[zinfamous]

Early leaks for Ryzen performance seem to compare favorably with Intel from what I can see and given the fact that Kaby isn't going to be much of an improvement and the thermal envelope for Ryzen is pretty impressive, I think this chip is going to start taking market share.

I don't know how this is going to work in the server space though. Intel has 22 core/44 thread chips out there with their v4 Xeon E5's. How do you compete with that when you're still producing 8/16 chips?

By competing with their 32c/64 thread chips @ ~180w TDP?

http://www.guru3d.com/news-story/amd-naples-32-core-zen-processors-photos.html

Naples is for data centers, not Ryzen, and is coming out in Q2.

Added to that, I believe the boards for these, like Ryzen, are the standard going forward for the next 4 or so years of Zen/Naples+++, so the upgrade path is cheaper and easier compared to Intel.

Naples is what will more or less define AMD's success with the Zen release.

 

[Charmonium]

Thanks. I didn't even know about Naples. I figured that they had to have some server chips coming and given how good the heat dissipation on Ryzen looks the server chips would be awesome.

I was thinking about getting an ES v4 chip for running BOINC but now I'm thinking maybe I should wait and go with AMD. Although I have wonder if getting ES versions for AMD will be as easy as getting them for Intel. The issue is never finding them, the issue is only ever the cost.

I was salivating over being able to run a dual setup with 88 threads but running 128 threads would give me an erection lasting more than 4 hours.

 

[Imp]

So, Europe's in the news again. Brexit is a'happening, Marine Le Pen is running in France, Italy's banks are shit, and Greece needs another bailout to pay the interest on their previous bailouts. Greece being the big one.

If I use 2016 to guess how this will affect the market, I'm going to guess DOW 40,000 by year's end.

 

[Charmonium]

Nobody cares about Greece. By now, their debt has been fully monetized anyway. And whatever debt the ECB hasn't bought they'll probably buy in the near future. So when Greece eventually defaults all that will be involved will be flipping the bits on a few registers in the ECB central computer.

 

[dullard]

If I use 2016 to guess how this will affect the market, I'm going to guess DOW 40,000 by year's end.

So are you finally learning that almost no one wins by betting against the market? Even when you are correct and the market has its long-overdue bear market, you will only be correct for a little time before you become incorrect again.

 

[FelixDeCat]

Trading volume has been pretty thin. Some possible reasons:

1) People have decided to buy and hold and never trade

2) People who wanted out are out and are waiting for a drop to get back in

or 3) The Trump rally has been so strong people do not want to sell for fear of missing out on more gains.

Every day is a new record. Im at work with my phone near my keyboard watching the next trade on the QQQ break the 52 week high moment to moment.

The market has been rising so far, so fast, with no correction (not even a teeny 5% one) that regardless of the catalyst, it will happen.

 

[Imp]

Nothing matters anymore. Just repeat "Trump rally" and "DOW 30,000" for the next few years. Or just go to CNBC and see some "analyst" or "economist" do it for you.

 

[Mai72]

https://www.google.com/amp/s/www.fo...pensive.aspx?client=ms-android-hms-tmobile-us

An article from last year on Warren Buffet. He gives 3 pieces of advice for getting into the stock market.

#1 is important. Many people get into the stock market with the thought of getting rich, but the reality is very few people are ever that lucky. Instead, if you're going to invest in stocks do it w/ forever in mind. There is a reason why Buffet buys stocks in railroad, Coca-Cola, and electricity. They offer slow, safe and secure long term gains.

 

[FelixDeCat]

Two big catalysts this week -

1) Yellen speech could affect interest rates, the dollar and gold. If I had the guts, I would short gold back down to its recent lows.

2) Trumps announcement about taxes. If it fails to deliver it might not sit well, in which you could buy gold on uncertainty (I think - lol).

 

[zinfamous]

Two big catalysts this week -

1) Yellen speech could affect interest rates, the dollar and gold. If I had the guts, I would short gold back down to its recent lows.

2) Trumps announcement about taxes. If it fails to deliver it might not sit well, in which you could buy gold on uncertainty (I think - lol).

so, short gold or buy gold.

I'll just use the coin flip advice and still come out even on these suggestions.

 

[Imp]

lalallalalaallala... lalalalallalalalalalalalaa.

 

[OutHouse]

GEO and VMW have been very good for me the past few months.

 

[zinfamous]

OK, tell me why I shouldn't buy shitloads of FNMA?

The feds are done with it, right?--so that means de-reg, HIGH DONALD INTEREST RATES, poor people and middle class lose their homes--again, and so shares skyrocket, right?

right?

 

[FelixDeCat]

OK, tell me why I shouldn't buy shitloads of FNMA?

The feds are done with it, right?--so that means de-reg, HIGH DONALD INTEREST RATES, poor people and middle class lose their homes--again, and so shares skyrocket, right?

right?

Forget FNMA it is very low on the priority list. Besides, FNMA & FHLMC are sending billions in profits to the Treasury. No rush to kill the golden goose.

 

[zinfamous]

Forget FNMA it is very low on the priority list. Besides, FNMA & FHLMC are sending billions in profits to the Treasury. No rush to kill the golden goose.

right. But when do profits become their's again--I think it is "soon"? Trump has made no bones about wanting to bilk the poors and middle class with crippling interest rates and skyrocketing foreclosures...I just want to know when we can expect to start profiting off of the misery.