I heard a week or so back some user talking about banks as a hedge to tech, but I don't remember ever hearing back from him, so I did my own correlation check. Uh there isn't a negatively correlation at all, and if anything, they're slightly positively correlated. What I did find interesting is how most of the tech companies aren't even correlated to each other that much (about as much as banks to tech). I don't know if that dispels that myth or what, but here's what evidence I have, and you late night anons get to have it.
tsla is not really as expensive as some make it out to be don't rely on the numbers show on your favourite investing portal and do your own research #longtsla
Carter Russell
Moved from sub 1400 to 2500 on split announcement. No material change to buisness fundementals. Buy the hype, sell the news. Its giving it back. Even at 300$, thts still $1500 pre split, its still up!! Needs to fall at least go 280 to hit pre split pricd
Kevin Fisher
Based
David Mitchell
The almost classic sign of a bubble with a ticker is a need for and belief in that there will be a "bigger sucker" if the rally overextends beyond all reason.
Put until $85-90 seems like the general consensus atm.
Caleb Turner
aren't we all going to? most of the tech is down double digits for the last week
Adam Perez
what specifically are those values measuring and what set of dates did you use to calculate?
>banks as a hedge to tech I didn't see the post you're referring to, but they are modestly benefited by sector rotation post-crash, is this what he referred to? There are better choices for growth/better correlation but banks should be safer than something less guaranteed a bail-out should things go tits up. >most of tech isn't correlated that much because the sector is characterized by rapid development or changes in business model and are overvalued to different degrees, this doesn't surprise me. Did you try any comparison of banking/financial ETFs:QQQ?
Joseph Barnes
You guys think Wallmart is a good way to diversify into anything other than tech?
Connor Hill
Bears got too cocky again. Seen the same thing play out dozens of times since March. Bears get too boastful and the market makes a 180 degree turn. Market won't ever be red again.
Nicholas Cruz
This is the best answer. Thanks
Jonathan Allen
It’s Sunday all over again
Cooper Allen
>about to give the world 5g phones >line go down
Hmmm
Michael Stewart
Disney
Robert Morales
Priced in
Cooper Howard
I likd the grocery sector. Remember, what buisnesses are essential. The plague could threaten the lives of the country, and walmarts doors remain open. She has room to grow into online services, likely to be second or third in the space next to amazon and costco.. i like it.
Owen Ward
Walmart and Disney are both half boomer half tech Walmart has Walmart+, Disney has Disney+ So yeah I’d say you can hedge with those along with AUY
can someone explain futures to me? is it like FX where companies are willing to pay the difference if one currency goes up and you have to pay if the currency goes down for the sake of the stability of a companies profits?
Evan Stewart
you should check out that fucked up GuP guro hentai
Logan Kelly
>what specifically are those values measuring and what set of dates did you use to calculate? The values range -1 to 1 where both extremes are perfectly negatively and perfectly positively correlated respectively. Such as if the value is 1, 1% in movement in ticker XYZ correlates to 1% movement in ticker ABC. The timeline is from June 2012 to Aug 2020 (this is the default the site I used was. Probably because one of the companies in the list did not exist prior to June 2012).
>I didn't see the post you're referring to It was probably talked about a week to a week and a half ago. Don't know if it was from multiple anons or just one across a few threads. All that was said was that two should have a negative correlation but there wasn't any evidence provided to support the claim. Someone said they were going to look into correlations between the fields, but never heard anything.
>Did you try any comparison of banking/financial ETFs:QQQ? Don't know a lot of bank ETFs, but here's QQQ vs XLF. Moderately correlated. Dates from 1999 to 2020
>boomer landjews are doing the same thing to real estate that they have done to literally everything else youtube.com/watch?v=NdfmMB1E_qk Worst fucking generation. You basically posted Cathie Wood's holdings.
Christian Cook
Nope
This month is
congress month!!!!!!!
We get to watch pelosi trump and McConnell fight over stimulus.
Right now trump is at 1.5 trillon. Pelosi 2.2 trillion including tax break for wealthy blue state citizens, and mitch with 500b skinny vote
