[HN Gopher] Continuously shorting IT stocks overnight and buying...
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       Continuously shorting IT stocks overnight and buying back at market
       open
        
       Author : arcza
       Score  : 28 points
       Date   : 2024-07-19 20:52 UTC (2 hours ago)
        
 (HTM) web link (blog.abctaylor.com)
 (TXT) w3m dump (blog.abctaylor.com)
        
       | cedws wrote:
       | A better strategy might be to monitor social media to try and
       | gain intel ahead of the market, but it's a arduous task, even
       | with LLMs.
        
         | jfengel wrote:
         | Especially since everyone else is doing exactly the same. The
         | entire point of social media is that it's not a secret.
        
         | ramon156 wrote:
         | What if instead of that we use intel from insiders and buy
         | stocks using that!
         | 
         | Oh wait, that's illegal when you're not a billionaire.
        
           | alan-hn wrote:
           | Don't forget you can do it when you're an elected
           | representative too!
        
       | electroly wrote:
       | I wonder if the author meant to pick Akamai (AKAM), not Alkami
       | (ALKT). The latter is an odd choice among the rest of the picks.
       | I suspect they have mixed up the names.
        
         | arcza wrote:
         | I rushed my post and skipped QA, went straight to production.
         | (fixed, thanks)
        
       | scosman wrote:
       | There's a decent amount of "good news overnight" because of time
       | zones.
       | 
       | Samsung release earnings with higher than expected phone demand,
       | Apple will drop. Apple releases higher device projections, TMC
       | will rise. Nokia releases new projections, people say "oh yeah,
       | Nokia is a thing".
        
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       (page generated 2024-07-19 23:02 UTC)