Confusing stock market report, Is this a good thing?

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Old 08-05-2023, 10:33 PM
NAB20 NAB20 is offline
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Thumbs up Confusing stock market report, Is this a good thing?

Was a little disappointed to find our local newspaper business section showed three straight "thumbs ups" on the Stock Market report only to notice the minus sign in front of each number, thus requiring readers to do some negative math. The DOW had a 330 pt. spread between thumbs up and thumbs down. But I think we actually lost money Friday. Correct me if I am wrong. Are there still proof readers or is AI taking over that, as well?
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Old 08-06-2023, 07:25 AM
CoachKandSportsguy CoachKandSportsguy is offline
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Are there still proof readers or is AI taking over that, as well?
If you have a rose colored glasses biased real estate marketing periodical, why would you be reading the rough and tumble business section for serious information?

Its all in the human bias, behavioral economics is everywhere
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Old 08-06-2023, 07:30 AM
Stu from NYC Stu from NYC is offline
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Read a few business periodicals such as Kiplinger's. Used to recommend Forbes but since the family sold it I think they hi have lost their way
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Old 08-06-2023, 07:39 AM
CoachKandSportsguy CoachKandSportsguy is offline
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Read a few business periodicals such as Kiplinger's. Used to recommend Forbes but since the family sold it I think they hi have lost their way
FACT CHECK on Forbes, TRUE

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Old 08-06-2023, 08:55 AM
Michael G. Michael G. is offline
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Used to recommend Forbes but since the family sold it I think they hi have lost their way
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FACT CHECK on Forbes, TRUE

Forbes was sold to a Hong Kong-based investment group, Integrated Whale Media Investments.

Good luck with that.
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Old 08-06-2023, 10:05 AM
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Was a little disappointed to find our local newspaper business section showed three straight "thumbs ups" on the Stock Market report only to notice the minus sign in front of each number, thus requiring readers to do some negative math. The DOW had a 330 pt. spread between thumbs up and thumbs down. But I think we actually lost money Friday. Correct me if I am wrong. Are there still proof readers or is AI taking over that, as well?
You should only rely on The Daily Rag for breakfast cereal recommendations. Anything more cerebral is beyond them.
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Old 08-07-2023, 05:45 AM
bcormier@forrester.com bcormier@forrester.com is offline
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Default Forbes recently sold to 27 year old Austin Russell

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Forbes was sold to a Hong Kong-based investment group, Integrated Whale Media Investments.

Good luck with that.

And Forbes was recently sold to 27 year old Austin Russell, CEO of autonomous driving company, Luminar. Austin is also the youngest self-made billionaire. Possibly the next Steve Jobs/Elon Musk.
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Old 08-07-2023, 05:46 AM
rsmurano rsmurano is offline
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Kiplinger is the last place I would get stock market info. They have been so wrong for so long. For example:

* they hated Trump so much they got the “V” shaped recovery wrong which even a 12 year old could have predicted. If you sold any shares or didn’t buy into the market while it was down during the early Covid lockdown you missed out on making a lot of money.

* kiplinger bought off and promoted the idea that inflation was going to be transitory. If you didn’t sell you holdings 20 months ago, you have lost big time.

* 1/2 the managed funds they promote are loaded funds

* promote esg funds when knowingly they are losers

Before ultimately cancelling my subscription, for the last 5 or 6 years I was reading this garbage, I did just the opposite of what they were promoting and I made more money and/or saved my portfolio from disaster
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Old 08-07-2023, 08:30 AM
daniel200 daniel200 is offline
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Some examples of recent Forbes “success” stories:
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Old 08-07-2023, 09:24 AM
Babubhat Babubhat is offline
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The marker runs on algorithms, technical analysis and momentum. For most stocks other metrics are irrelevant
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Old 08-07-2023, 11:05 AM
vintageogauge vintageogauge is offline
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Originally Posted by NAB20 View Post
Was a little disappointed to find our local newspaper business section showed three straight "thumbs ups" on the Stock Market report only to notice the minus sign in front of each number, thus requiring readers to do some negative math. The DOW had a 330 pt. spread between thumbs up and thumbs down. But I think we actually lost money Friday. Correct me if I am wrong. Are there still proof readers or is AI taking over that, as well?
This is exactly why Al Gore created the Internet.
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Old 08-08-2023, 09:49 AM
DAVES DAVES is offline
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The marker runs on algorithms, technical analysis and momentum. For most stocks other metrics are irrelevant
I terms of the stock market, long time investor. I read a lot. I declare if it is not a ponzi scheme then what I read should make sense. IT DOES NOT. What am I doing? When I invest my money.
I am hoping to find a bigger fool to pay more than I did.

Information? It is impossible to find information that does not have an ulterior motive. Sometimes it is simply you need to buy our publication.

Buffet LIKE. I follow my investments mostly everyday. I compare my returns to the S&P 500.
I rarely beat the S&P. Buffet some say the greatest stock picker has actually said we should simply buy the average.
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Old 08-08-2023, 10:07 AM
DAVES DAVES is offline
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Originally Posted by NAB20 View Post
Was a little disappointed to find our local newspaper business section showed three straight "thumbs ups" on the Stock Market report only to notice the minus sign in front of each number, thus requiring readers to do some negative math. The DOW had a 330 pt. spread between thumbs up and thumbs down. But I think we actually lost money Friday. Correct me if I am wrong. Are there still proof readers or is AI taking over that, as well?
I've not looked at a newspaper stock table in years. It is yesterdays news and you are buying or selling today. So much has changed. You can buy and sell with zero commissions. There is no advantage to buy or sell round lots. You can buy partial shares. Treasuries. In days of old they paid the rate of inflation plus 2%. In retirement you would build a bond ladder. The 2% would cover your taxes-zero risk.

In terms of AI the new buzzword. AI implies learning. I am and always have been a terrible speller. Word, is not AI yet we all use it. I would expect for a stock table they purchase similar programs to word-excel etc
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Old 08-08-2023, 10:46 AM
Royaloil Royaloil is offline
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Default Algo's

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Originally Posted by NAB20 View Post
Was a little disappointed to find our local newspaper business section showed three straight "thumbs ups" on the Stock Market report only to notice the minus sign in front of each number, thus requiring readers to do some negative math. The DOW had a 330 pt. spread between thumbs up and thumbs down. But I think we actually lost money Friday. Correct me if I am wrong. Are there still proof readers or is AI taking over that, as well?
What is insane is 'Algo's" trade more than humans do. This is why new stories can start huge selloffs in the stock market. My grandson rants about this stuff all day long.
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Old 08-08-2023, 11:31 AM
CoachKandSportsguy CoachKandSportsguy is offline
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What is insane is 'Algo's" trade more than humans do. This is why new stories can start huge selloffs in the stock market. My grandson rants about this stuff all day long.
Algos are nothing more than tested decision making with code to remove the human emotions of fear and greed. .

as far as huge selloffs, that is result of options gamma, and that happens on both the upside and the downside. and algos are NOT fail proof, and also contain biases from the human testing.

Some of them have very high ROIs when used with fundamental data because a human can't monitor as many stawks as an algorithm can. .

tell your grandson to start learning python and algos as he won't be able to beat them without an edge. .
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