Binomial put and call American option pricing using Cox ...

Liked on YouTube: how to price a binary option - american binary option pricing: 3 period binomial tree model

Liked on YouTube: how to price a binary option - american binary option pricing: 3 period binomial tree model submitted by TradingStrategys to TopTradingStrategys [link] [comments]

pricing binary options - american binary option pricing: 3 period binomial tree model

pricing binary options - american binary option pricing: 3 period binomial tree model submitted by TopVideosCasino to u/TopVideosCasino [link] [comments]

essay tipsssss from a perfect 24 scorer. Also if you have questions I will answer them. GOOD LUCK OCTOBER!!!!!

Hey lovelies, so I made a perfect score on the SAT essay, but I am an embarrassment at everything else, so this is just to say that an essay score doesn’t define you and is overall not as important as it could be. Also this is my own experience, I AM IN NO WAY A WRITING TEACHER, SO PLEASE DON’T COME AT ME IN THE COMMENTS.
My best advice: Write conspiracy theories for every essay
If I had to describe the tone of my writing it would be an academic high on crack.
so buckle up y’all. Also my internationals, I feel ya bc I am not native either- woohoo join the train
Now let’s get down to the actual essay.
My best advice is memorize an essay format because if you are like me and you cry in every section ( I am not even joking) the essay can be a trainwreck of panic, and no one needs that toxic energy in their last section.
So here’s my format:
This is my introduction:
While the narrative of the 21st century human experience has resulted in [problem], the underlying causes are most often unexamined. In the article, “”, the author carefully deals with the underlying reasons for [problem] and overtly advocates for [], and hopes in the end to [ purpose]. While doing so he employs several literary elements, including….
Note about purpose: this is given in the prompt, so all you have to do is reformat it.
Now for the devices and body paragraphs
GO IN CHRONOLOGICAL ORDER!!!!!!
Pick out three devices:
Now here is the format for these devices:
  1. Word choice
    1. evokes emotions or images
    2. characterizes the subject in a particular way
    3. sets the
    4. cultivate émotions
    5. associate positive or negative connotations with something
  2. Statistics/ Data
    1. indicate a problem
      1. point us towards a bigger issue
    2. make something harder to argue because numbers are perceived as facts, not opinions
    3. to effectively ground the authors argument
    4. to surprise readers
    5. to put a quantity in relation to another and effectively contrast
  3. Appeal to Authority
    1. raise credibility by showing that the author is not the only one who believes in this idea
    2. increase trust by showing that the argument is indeed well researched
    3. gain the same acceptance or authority that the authority figure derives from the reader
    4. establish a precedent that pushes people to act in the way that author wants them to behave
  4. Acknowledges the other side/making concessions
    1. address counterarguments, doubts, or fears that the reader may have
    2. establish common ground
    3. pave the way for new arguments to be made
  5. Analogies/ Comparaisons
    1. allow the reader to understand more complex concepts by connecting them to ones that are much simpler
    2. associate new ideas with prior one
    3. which leads the reader into eventual agreement as if he agreed with a prior idea, it is likely he will agree with the new one
  6. Juxtaposition
    1. significant distinction is highlighted
    2. one option seems better than another
    3. create a binary mentality
  7. challenging assumptions
    1. enables this argument to proceed from a clean slate
    2. dismisses any preconceived ideas or biases that may run counter to his or her argument
  8. Anecdotes
    1. form an emotional bond with the reader through establishing a common ground with the reader
  9. Rhetorical questions
    1. gets the reader to imagine a certain scenario
    2. prods the reader into answering a certain way
    3. lays out common ground or assumptions that the author can build upon
    4. describe certain outcomes that may benefit his argument
  10. Appeal to identity
  11. one that takes advantage of the common values and beliefs of a group
  12. human behaviors that seek belonging
  13. gravitate towards an idea that creates a sense of belonging
  14. Strong directives
  15. using we portrays the reader as being on the same side as the reader
  16. stand in unison
  17. and appeals to sense of belonging
Note about this format:
Devices- I WILL TALK ABT IT MORE LATER BUT IT IS GOOD IF THEY MESH IN TOGETHER YOUR ESSAY WILL SEEM ALMOST MORE PUT TOGETHER
ALSO YOU DON’T ALWAYS WANT TO STICK THE FORMAT FOR THE DEVICES- USE THEM TO GROW AN ARGUMENT AND REALLY BUILD A FOUNDATION
THE FORMAT IS NOT A BE- ALL OR END ALL-YOU CAN CHANGE IT UP
Also strong topic sentences:
Author engages the reader’s interest very early in the article. His use of [element] builds a steady foundation from which he launches his discourse
Without the author’s use of persuasive elements , the article would lose….
How to build strong commentary + get yourself the last points
-This is how I build my sentences- they need to be strong and make sense obviously
explain
The implication is that…
The suggestion is that…
… serves to…
The inclusion of… helps…
… elicits …
… grounds her argument in reality so that even skeptical readers won't be
able to dismiss it
… marks the extent of the problem.
By appealing to our sense of…, the author…
The author exploits the fact that… to…
Given that…, …
… proves to the reader that…
By showing that there is…, the author…
… contributes greatly to the argument's persuasive power by…
Analysis point:
So basically the analysis points are legit Satan’s lap dog because they are hard to get
Here are some tips to guarantee you some amazing success
Example of the thing mentioned above:
This is especially resonant as the author writes this in a climate filled with threats of global warming; the author targets the general American public when he writes this as the administration in power is responsible for opting out of Paris Climate Treaty, and the devastating consequences of such an act along with the rise of natural disasters can only make his argument more persuasive
2nd tip: point out flaws in the author’s argument- this is a hidden trick that always works
I am not talking trash and set on fire the author and the College Board, but you should mention some things regarding a weaker arg and how it could have been stronger so that means LIGHT ACADEMIC TRASHING
Here is an example :
Ok on one of the essays that I took. The guy used a statistic to prove that trees did help reduce temperature. However he used a study from his organization that projected increasing temperature Here is what I said about it: The author through his use of statistics aims to establish a logical choice in the reader's mind. By using numbers from the World Health Organization, he tries to usurp the authority that this organization derives and prove that his choice is not only supported by facts but by experts as well. The use of numbers is particularly significant as well since numbers are often regarded as facts, and thus for someone to argue back, a reader would have to either indict or bring up new evidence. While this use of statistics is effective in this context, the author's use of statistics fails due to a misplaced correlation. In this case, a man's passion reveals his weakness, as he uses a study from his own organization to prove his point, which leads us to a possible reevaluation of the purpose not as something to promote the general well being of urban areas, but as a case of self interest and promotion for his organization. Moreover, the basis of his argument rests upon the fact that temperatures decrease based upon the increase of trees. However throughout the argument, the author fails to establish the correlation of this foundation, and by such weakens his argument. He does, in fact, bring up his study, but his study is only in regards to an estimation of the benefice of planting trees and is based on a misplaced correlation where he assumes correlation.
3rd tip: use transitions and nice words
4th tip: Do you have a weaker paragraph?
5th tip: Always read after each paragraph- like reread- prevents mistakes, and if you need to add more you can!
6th tip: paragraph order
-Topic sentence
-Quote- embed it properly
-Explain effect of the quote on the audience
-Add your spices>>> SPACE or ACADEMIC TRASHING
-Finish with a nice little purpose that explains how it strengthens the argument
7th tip: Try to find a second device
How to practice:
Most people don’t have the time or energy to write an essay everyday
Also this didn’t belong anywhere but here it is:
don't skip a line, indent>>>

some people asked for vocab so here it is
https://blog.collegevine.com/the-50-best-vocab-words-for-the-act-essay/-- strong words
https://blog.prepscholar.com/sat-vocabulary-words- good words to know
https://www.oxford-royale.com/articles/words-phrases-good-essays/#aId=b0308864-2c59-4e78-ae70-668f431523a5 for transitions
https://www.oakland.edu/Assets/upload/docs/OUWC/Presentations&Workshops/Rhetorically-Accurate-Verbs.pdf>>>>> this is for your purpose mostly
https://www.sydney.edu.au/content/dam/students/documents/learning-resources/learning-centre/writing/vocabulary-for-essays.pdf >> this is all you really need honestly
Keep in mind, it is very hard to write and use fancy words in a timed write situation. Please learn the context or at least connotation of these words or else they sound forced. You also don't need fancy word for a good score if you use the sentence pattern you will be fine. The readers are looking for deep analysis if your analysis is trash even if you covered it up with fancy words, it is still trash and you won't earn points. Analysis first and vocab last.
submitted by frenchandsarcastic to Sat [link] [comments]

Wall Street Week Ahead for the trading week beginning August 17th, 2020

Good Saturday morning to all of you here on stocks. I hope everyone on this sub made out pretty nicely in the market this past week, and is ready for the new trading week ahead.
Here is everything you need to know to get you ready for the trading week beginning August 17th, 2020.

Stocks are ignoring the lack of a stimulus package from Congress, but that could change - (Source)

Stocks could hang at record levels but gains may be capped until Congress agrees to a new stimulus package to help the economy and the millions of unemployed Americans.
Stocks were higher in the past week, and the S&P 500 flirted with record levels it set in February.
In the coming week, there are some major retailers reporting earnings, including Walmart, Home Depot and Target, but the season is mostly over and the market is entering a quiet period. There are minutes from the Fed’s last meeting, released Wednesday, and housing data, including starts Tuesday and existing sales Friday.
Investors had been watching efforts by Congress to agree to a new stimulus package, but talks have failed and the Senate has gone on recess. There is a concern that Congress will not be convinced to provide a big enough package when it does get to work again on the next stimulus round because recent economic reports look stronger. July’s retail sales, for example, climbed to a record level and recovered to pre-pandemic levels.
“The juxtaposition of getting more fiscal stimulus and better data has paralyzed us in our tracks … we’ve seen this sideways [market] action,” said Art Hogan, chief market strategist at National Alliance. “It feels like we need more action from Congress, and the concern is the longer we wait, the better the data gets and the less impactful the next round of stimulus will be.”
Some technical analysts say the market may pull back around the high, to allow it to consolidate gains before moving higher into the end of the year. The S&P 500 reached an all-time high of 3,393 on Feb. 19.
Hogan said he expects stocks to tread sideways during the dog days of August, but they could begin to react negatively to the election in September. He also said it is important that progress continue against the spread of Covid-19, as the economy continues to reopen.
Peter Boockvar, chief investment strategist at Bleakley Advisory Group, said the market could have a wakeup call at some point that the stimulus package has not been approved.
“I think it will cross over a line where they care,” he said. “I think the market is in suspended animation of believing there will be a magical deal.” Boockvar said he expects a deal ultimately, but the impact is not likely to be as big as the last round of funding.
“What they’re not grasping is any deal, any extension of unemployment benefits, is going to be smaller than it was, and the rate of change should be the most important thing investors focus on,” he said. “Not the binary outcome of whether there’s a deal or no deal. There’s going to be less air going into the balloon.”

It’s the economy

Still, economists expect to see a strong rebound in the third quarter, and are anticipating about about a 20% jump in third-quarter growth. But they also say that could be threatened if Congress does not help with another stimulus package.
Mark Zandi, chief economist at Moody’s Analytics, described the July retail sales as a perfect V-shaped recovery, but cautioned it would not last unless more aid gets to individuals and cities and states. Democrats have sought a $3 trillion spending package, and Republicans in the Senate offered a $1 trillion package. They could not reach a compromise, including on a $600 weekly payment to individuals on unemployment which expired July 31.
President Donald Trump has tried to fill the gap with executive orders to provide extra benefits to those on unemployment, but the $300 federal payment and $100 from states may take some time to reach individuals, as the processing varies by state. He has also issued an order instructing the Treasury to temporarily defer collection of payroll taxes from individuals making up to $104,000.
“I think in August and September, there will be a lot of Ws, if there’s not more help here,” said Zandi, referring to an economic recovery that retrenches from a V shape before heading higher again. “It’s clearly perplexing. It may take the stock market to say we’re not going to get what we expect, and sell off and light a fire.”
Zandi said it could come to a situation like 2008, where the stock market sold off sharply before Congress would agree to a program that helped financial companies.
“We need a TARP moment to get these guys to help. Maybe if the claims tick higher and the August employment numbers are soft, given the president is focused on the stock market, that might be what it takes to get them back to the table in earnest,” he said, referring to the Troubled Asset Relief Program that helped rescue banks during the financial crisis.
He ultimately expects a package of about $1.5 trillion to be approved in September.
The lack of funding for state and local governments could result in more layoffs, as they struggle with their current 2021 budgets, Zandi said. Already 1.3 million public sector jobs have been lost since February, and there will be more layoffs and more programs and projects cancelled. The impact will hit contractors and other businesses that provide services to local governments.
“The multipliers on state and local government are among the highest of any form of support, so if you don’t provide it, it’s going to ripple through the economy pretty fast,” he said.
Economists expect to see a softening in consumer spending in August with the more than 28 million Americans on unemployment benefits as of mid-July no longer receiving any supplemental pay.
“The real irony is things are shaping up that September is going to be a bad month, and that’s going to show up in all the data in October,” Zandi said. “They are really taking a chance on this election by not acting.”

This past week saw the following moves in the S&P:

(CLICK HERE FOR THE FULL S&P TREE MAP FOR THE PAST WEEK!)

Major Indices for this past week:

(CLICK HERE FOR THE MAJOR INDICES FOR THE PAST WEEK!)

Major Futures Markets as of Friday's close:

(CLICK HERE FOR THE MAJOR FUTURES INDICES AS OF FRIDAY!)

Economic Calendar for the Week Ahead:

(CLICK HERE FOR THE FULL ECONOMIC CALENDAR FOR THE WEEK AHEAD!)

Percentage Changes for the Major Indices, WTD, MTD, QTD, YTD as of Friday's close:

(CLICK HERE FOR THE CHART!)

S&P Sectors for the Past Week:

(CLICK HERE FOR THE CHART!)

Major Indices Pullback/Correction Levels as of Friday's close:

(CLICK HERE FOR THE CHART!

Major Indices Rally Levels as of Friday's close:

(CLICK HERE FOR THE CHART!)

Most Anticipated Earnings Releases for this week:

(CLICK HERE FOR THE CHART!)

Here are the upcoming IPO's for this week:

(CLICK HERE FOR THE CHART!)

Friday's Stock Analyst Upgrades & Downgrades:

(CLICK HERE FOR THE CHART LINK #1!)
(CLICK HERE FOR THE CHART LINK #2!)

4 Charts That Will Amaze You

The S&P 500 Index is a few points away from a new all-time high, completing one of the fastest recoveries from a bear market ever. But this will also seal the deal on the shortest bear market ever. Remember, the S&P 500 Index lost 20% from an all-time high in only 16 trading days back in February and March, so it makes sense that this recovery could be one of the fastest ever.
From the lows on March 23, the S&P 500 has now added more than 50%. Many have been calling this a bear market rally for months, while we have been in the camp this is something more. It’s easy to see why this rally is different based on where it stands versus other bear market rallies:
(CLICK HERE FOR THE CHART!)
They say the stock market is the only place where things go on sale, yet everyone runs out of the store screaming. We absolutely saw that back in March and now with stocks near new highs, many have missed this record run. Here we show how stocks have been usually higher a year or two after corrections.
(CLICK HERE FOR THE CHART!)
After a historic drop in March, the S&P 500 has closed higher in April, May, June, and July. This rare event has happened only 11 other times, with stocks gaining the final five months of the year a very impressive 10 times. Only 2018 and the nearly 20% collapse in December saw a loss those final five months.
(CLICK HERE FOR THE CHART!)
As shown in the LPL Chart of the Day, this bear market will go down as the fastest ever, at just over one month. The recovery back to new highs will be five months if we get there by August 23, making this one of the fastest recoveries ever. Not surprisingly, it usually takes longer for bear markets in a recession to recover; only adding to the impressiveness of this rally.
(CLICK HERE FOR THE CHART!)
“It normally takes 30 months for bear markets during a recession to recover their losses, which makes this recovery all the more amazing,” said LPL Financial Chief Market Strateigst Ryan Detrick.. “Then again, there has been nothing normal about this recession, so maybe we shouldn’t be shocked about yet another record going down in 2020.”

When a Few Basis Points Packs a Punch

US Treasury yields have been on the rise this week with the 10-year yield rising 13 basis points (bps) from 0.56% up to 0.69% after getting as high as 0.72% on Thursday. A 13 bps move higher in interest rates may not seem like a whole lot, but with rates already at such low levels, a small move can have a pretty big impact on the prices of longer-term maturities.
(CLICK HERE FOR THE CHART!)
Starting with longer-term US Treasuries, TLT, which measures the performance of maturities greater than 20 years, has declined 3.5% this week. Now, for a growth stock, 3.5% is par for the course, but that kind of move in the Treasury market is no small thing. The latest pullback for TLT also coincides with another failed attempt by the ETF to trade and stay above $170 for more than a day.
(CLICK HERE FOR THE CHART!)
The further out the maturity window you go in the fixed income market, the bigger the impact of the move higher in interest rates. The Republic of Austria issued a 100-year bond in 2017, and its movements exemplify the wild moves that small changes in interest rates (from a low base) can have on prices. Just this week, the Austrian 100-year was down over 5%, which is a painful move no matter what type of asset class you are talking about. This week's move, though, was nothing compared to the stomach-churning swings from earlier this year. When Covid was first hitting the fan, the 100-year rallied 57% in the span of less than two months. That kind of move usually occurs over years rather than days, but in less than a third of that time, all those gains disintegrated in a two-and-a-half week span from early to late March. Easy come, easy go. Ironically enough, despite all the big up and down moves in this bond over the last year, as we type this, the bond's price is the same now as it was on this same day last year.
(CLICK HERE FOR THE CHART!)

Retail Sales Rock to New Highs

At the headline level, July’s Retail Sales report disappointed as the reading missed expectations by nearly a full percentage point. Just as soon as the report was released, we saw a number of stories pounce on the disappointment as a sign that the economy was losing steam. Looked at in more detail, though, the July report wasn’t all that bad. While the headline reading rose less than expected (1.2% vs 2.1%), Ex Autos and Ex Autos and Gas, the results were much better than expected. Not only that, but June’s original readings were all revised higher by around a full percentage point.
Besides the fact that this month’s report was better underneath the surface and June’s reading was revised higher, it was also notable as the seasonally-adjusted annualized rate of sales in July hit a new record high. After the last record high back in January, only five months passed until American consumers were back to their pre-Covid spending ways. For the sake of comparison, back during the Financial Crisis, 40 months passed between the original high in Retail Sales in November 2007 and the next record high in April 2011. 5 months versus 40? Never underestimate the power of the US consumer!
(CLICK HERE FOR THE CHART!)
While the monthly pace of retail sales is back at all-time highs, the characteristics behind the total level of sales have changed markedly in the post COVID world. In our just released B.I.G. Tips report we looked at these changing dynamics to highlight the groups that have been the biggest winners and losers from the shifts.

100 Days of Gains

Today marked 100 trading days since the Nasdaq 100's March 20th COVID Crash closing low. Below is a chart showing the rolling 100-trading day percentage change of the Nasdaq 100 since 1985. The 59.8% gain over the last 100 trading days ranks as the 3rd strongest run on record. The only two stronger 100-day rallies ended in January 1999 and March 2000.
(CLICK HERE FOR THE CHART!)
While the Nasdaq 100 bottomed on Friday, March 20th, the S&P 500 bottomed the following Monday (3/23). This means tomorrow will mark 100 trading days since the S&P 500's COVID Crash closing low. Right now the rolling 100-day percentage change for the S&P 500 sits at +46.7%. But if the S&P manages to trade at current levels tomorrow, the 100-day gain will jump above 50%. It has been 87 years (1933) since we've seen a 100-day gain of more than 50%!
(CLICK HERE FOR THE CHART!)

B.I.G. Tips - New Highs In Sight

Whether you want to look at it from the perspective of closing prices or intraday levels, the S&P 500 is doing what just about everybody thought would be impossible less than five months ago - approaching record highs. Relative to its closing high of 3,386.15, the S&P 500 is just 0.27% lower, while it's within half of a percent from its record intraday high of 3,393.52. Through today, the S&P 500 has gone 120 trading days without a record high, and as shown in the chart below, the current streak is barely even visible when viewed in the perspective of all streaks since 1928. Even if we zoom in on just the last five years, the current streak of 120 trading days only ranks as the fourth-longest streak without a new high.
While the S&P 500's 120-trading day streak without a new high isn't extreme by historical standards, the turnaround off the lows has been extraordinary. In the S&P 500's history, there have been ten prior declines of at least 20% from a record closing high. Of those ten prior periods, the shortest gap between the original record high and the next one was 309 trading days, and the shortest gap between highs that had a pullback of at least 30% was 484 tradings days (or more than four times the current gap of 120 trading days). For all ten streaks without a record high, the median drought was 680 trading days.
(CLICK HERE FOR THE CHART!)
Whenever the S&P 500 does take out its 2/19 high, the question is whether the new high represents a breakout where the S&P 500 keeps rallying into evergreen territory, or does it run out of gas after finally reaching a new milestone? To shed some light on this question, we looked at the S&P 500's performance following each prior streak of similar duration without a new high.

STOCK MARKET VIDEO: Stock Market Analysis Video for Week Ending August 14th, 2020

([CLICK HERE FOR THE YOUTUBE VIDEO!]())
(VIDEO NOT YET POSTED!)

STOCK MARKET VIDEO: ShadowTrader Video Weekly 8.16.20

([CLICK HERE FOR THE YOUTUBE VIDEO!]())
(VIDEO NOT YET POSTED!)
Here are the most notable companies (tickers) reporting earnings in this upcoming trading week ahead-
  • NOTABLE TICKERS REMOVED DUE TO STOCKS AUTO MOD
(CLICK HERE FOR NEXT WEEK'S MOST NOTABLE EARNINGS RELEASES!)
(CLICK HERE FOR NEXT WEEK'S HIGHEST VOLATILITY EARNINGS RELEASES!)
Below are some of the notable companies coming out with earnings releases this upcoming trading week ahead which includes the date/time of release & consensus estimates courtesy of Earnings Whispers:

Monday 8.17.20 Before Market Open:

(CLICK HERE FOR MONDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!)

Monday 8.17.20 After Market Close:

(CLICK HERE FOR MONDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!)

Tuesday 8.18.20 Before Market Open:

(CLICK HERE FOR TUESDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!)

Tuesday 8.18.20 After Market Close:

(CLICK HERE FOR TUESDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!)

Wednesday 8.19.20 Before Market Open:

(CLICK HERE FOR WEDNESDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!)

Wednesday 8.19.20 After Market Close:

(CLICK HERE FOR WEDNESDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!)

Thursday 8.20.20 Before Market Open:

(CLICK HERE FOR THURSDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!)

Thursday 8.20.20 After Market Close:

(CLICK HERE FOR THURSDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!)

Friday 8.21.20 Before Market Open:

(CLICK HERE FOR FRIDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!)

Friday 8.21.20 After Market Close:

([CLICK HERE FOR FRIDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!]())
(NONE)

Walmart Inc. $132.60

Walmart Inc. (WMT) is confirmed to report earnings at approximately 7:00 AM ET on Tuesday, August 18, 2020. The consensus earnings estimate is $1.20 per share on revenue of $134.28 billion and the Earnings Whisper ® number is $1.29 per share. Investor sentiment going into the company's earnings release has 81% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 5.51% with revenue increasing by 2.99%. Short interest has decreased by 12.5% since the company's last earnings release while the stock has drifted higher by 0.6% from its open following the earnings release to be 9.9% above its 200 day moving average of $120.64. Overall earnings estimates have been revised higher since the company's last earnings release. On Tuesday, August 11, 2020 there was some notable buying of 12,381 contracts of the $135.00 put expiring on Friday, August 21, 2020. Option traders are pricing in a 4.9% move on earnings and the stock has averaged a 2.3% move in recent quarters.

(CLICK HERE FOR THE CHART!)

NVIDIA Corp. $462.56

NVIDIA Corp. (NVDA) is confirmed to report earnings at approximately 4:20 PM ET on Wednesday, August 19, 2020. The consensus earnings estimate is $1.95 per share on revenue of $3.65 billion and the Earnings Whisper ® number is $2.01 per share. Investor sentiment going into the company's earnings release has 84% expecting an earnings beat The company's guidance was for earnings of $1.83 to $2.06 per share. Consensus estimates are for year-over-year earnings growth of 65.25% with revenue increasing by 41.53%. The stock has drifted higher by 31.0% from its open following the earnings release to be 57.7% above its 200 day moving average of $293.24. Overall earnings estimates have been revised higher since the company's last earnings release. On Friday, August 14, 2020 there was some notable buying of 3,787 contracts of the $460.00 call expiring on Friday, August 21, 2020. Option traders are pricing in a 7.7% move on earnings and the stock has averaged a 4.0% move in recent quarters.

(CLICK HERE FOR THE CHART!)

Alibaba Group Holding Ltd. $253.97

Alibaba Group Holding Ltd. (BABA) is confirmed to report earnings at approximately 7:10 AM ET on Thursday, August 20, 2020. The consensus earnings estimate is $1.99 per share on revenue of $21.13 billion and the Earnings Whisper ® number is $2.11 per share. Investor sentiment going into the company's earnings release has 83% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 8.74% with revenue increasing by 26.22%. Short interest has increased by 30.1% since the company's last earnings release while the stock has drifted higher by 25.0% from its open following the earnings release to be 20.0% above its 200 day moving average of $211.59. Overall earnings estimates have been revised lower since the company's last earnings release. On Friday, August 7, 2020 there was some notable buying of 12,935 contracts of the $300.00 call expiring on Friday, November 20, 2020. Option traders are pricing in a 6.2% move on earnings and the stock has averaged a 3.1% move in recent quarters.

(CLICK HERE FOR THE CHART!)

JD.com, Inc. $62.06

JD.com, Inc. (JD) is confirmed to report earnings at approximately 5:50 AM ET on Monday, August 17, 2020. The consensus earnings estimate is $0.38 per share on revenue of $26.98 billion and the Earnings Whisper ® number is $0.46 per share. Investor sentiment going into the company's earnings release has 78% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 52.00% with revenue increasing by 23.25%. Short interest has increased by 16.7% since the company's last earnings release while the stock has drifted higher by 24.1% from its open following the earnings release to be 36.9% above its 200 day moving average of $45.34. Overall earnings estimates have been revised higher since the company's last earnings release. On Friday, August 14, 2020 there was some notable buying of 12,799 contracts of the $62.00 call expiring on Friday, August 21, 2020. Option traders are pricing in a 8.0% move on earnings and the stock has averaged a 6.4% move in recent quarters.

(CLICK HERE FOR THE CHART!)

Home Depot, Inc. $280.55

Home Depot, Inc. (HD) is confirmed to report earnings at approximately 6:00 AM ET on Tuesday, August 18, 2020. The consensus earnings estimate is $3.71 per share on revenue of $31.67 billion and the Earnings Whisper ® number is $3.75 per share. Investor sentiment going into the company's earnings release has 78% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 17.03% with revenue increasing by 2.69%. Short interest has decreased by 39.8% since the company's last earnings release while the stock has drifted higher by 16.7% from its open following the earnings release to be 22.4% above its 200 day moving average of $229.20. Overall earnings estimates have been revised higher since the company's last earnings release. On Friday, August 14, 2020 there was some notable buying of 3,323 contracts of the $300.00 call expiring on Friday, August 28, 2020. Option traders are pricing in a 4.2% move on earnings and the stock has averaged a 2.5% move in recent quarters.

(CLICK HERE FOR THE CHART!)

Lowe's Companies, Inc. $154.34

Lowe's Companies, Inc. (LOW) is confirmed to report earnings at approximately 6:00 AM ET on Wednesday, August 19, 2020. The consensus earnings estimate is $2.93 per share on revenue of $21.29 billion and the Earnings Whisper ® number is $2.97 per share. Investor sentiment going into the company's earnings release has 78% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 36.28% with revenue increasing by 1.42%. Short interest has decreased by 19.2% since the company's last earnings release while the stock has drifted higher by 25.9% from its open following the earnings release to be 31.2% above its 200 day moving average of $117.67. Overall earnings estimates have been revised higher since the company's last earnings release. On Friday, August 7, 2020 there was some notable buying of 1,994 contracts of the $170.00 call expiring on Friday, August 21, 2020. Option traders are pricing in a 6.0% move on earnings and the stock has averaged a 5.8% move in recent quarters.

(CLICK HERE FOR THE CHART!)

Target Corp. $136.53

Target Corp. (TGT) is confirmed to report earnings at approximately 6:30 AM ET on Wednesday, August 19, 2020. The consensus earnings estimate is $1.56 per share on revenue of $19.30 billion and the Earnings Whisper ® number is $1.64 per share. Investor sentiment going into the company's earnings release has 75% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 14.29% with revenue increasing by 4.77%. Short interest has decreased by 36.8% since the company's last earnings release while the stock has drifted higher by 10.0% from its open following the earnings release to be 18.0% above its 200 day moving average of $115.73. Overall earnings estimates have been revised higher since the company's last earnings release. On Monday, August 10, 2020 there was some notable buying of 4,479 contracts of the $135.00 call expiring on Friday, September 18, 2020. Option traders are pricing in a 6.3% move on earnings and the stock has averaged a 7.7% move in recent quarters.

(CLICK HERE FOR THE CHART!)

Sea Limited $126.50

Sea Limited (SE) is confirmed to report earnings at approximately 6:30 AM ET on Tuesday, August 18, 2020. The consensus estimate is for a loss of $0.47 per share on revenue of $1.03 billion and the Earnings Whisper ® number is ($0.36) per share. Investor sentiment going into the company's earnings release has 74% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 34.29% with revenue increasing by 136.16%. Short interest has decreased by 8.5% since the company's last earnings release while the stock has drifted higher by 91.7% from its open following the earnings release to be 98.1% above its 200 day moving average of $63.87. Overall earnings estimates have been revised lower since the company's last earnings release. On Tuesday, August 4, 2020 there was some notable buying of 4,000 contracts of the $110.00 put expiring on Friday, January 15, 2021. Option traders are pricing in a 12.9% move on earnings and the stock has averaged a 16.7% move in recent quarters.

(CLICK HERE FOR THE CHART!)

Niu Technologies $20.82

Niu Technologies (NIU) is confirmed to report earnings at approximately 3:00 AM ET on Monday, August 17, 2020. The consensus earnings estimate is $0.07 per share on revenue of $88.07 million and the Earnings Whisper ® number is $0.11 per share. Investor sentiment going into the company's earnings release has 57% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 30.00% with revenue increasing by 13.97%. Short interest has increased by 18.9% since the company's last earnings release while the stock has drifted higher by 129.8% from its open following the earnings release to be 90.3% above its 200 day moving average of $10.94. Overall earnings estimates have been revised higher since the company's last earnings release. The stock has averaged a 3.7% move on earnings in recent quarters.

(CLICK HERE FOR THE CHART!)

BJ's Wholesale Club, Inc. $41.48

BJ's Wholesale Club, Inc. (BJ) is confirmed to report earnings at approximately 6:45 AM ET on Thursday, August 20, 2020. The consensus earnings estimate is $0.57 per share on revenue of $3.64 billion and the Earnings Whisper ® number is $0.60 per share. Investor sentiment going into the company's earnings release has 73% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 46.15% with revenue increasing by 8.79%. Short interest has decreased by 3.2% since the company's last earnings release while the stock has drifted higher by 33.8% from its open following the earnings release to be 46.7% above its 200 day moving average of $28.27. Overall earnings estimates have been revised higher since the company's last earnings release. On Wednesday, August 12, 2020 there was some notable buying of 2,119 contracts of the $50.00 call expiring on Friday, September 18, 2020. Option traders are pricing in a 12.4% move on earnings and the stock has averaged a 10.0% move in recent quarters.

(CLICK HERE FOR THE CHART!)

DISCUSS!

What are you all watching for in this upcoming trading week?
I hope you all have a wonderful weekend and a great trading week ahead stocks.
submitted by bigbear0083 to stocks [link] [comments]

Gravity's Rainbow Reading Group | Sections 66-69 | Week 20

Alright, home stretch foax. This section's a beast. Hang in there and keep sharing your insights! All together now...
Section 66
"You will want cause and effect. All right." (663) What an opening - it's almost confrontational, mocking our need for clear narrative structure and causality.
We discover that Thanatz was tossed overboard in the same storm that sent Slothrop off the Anubis and off on his adventure with Frau Gnahb. Thanatz is rescued by someone even stranger - an unnamed Polish undertaker (think on the etymology of that word) who happens to be a lightening aficionado. I'll stop here and comment that, earlier, when Slothrop fell into the water before and after getting on the Anubis, it brought to mind the river Styx in Hades - another underworld. It washes clean one's identity and memory. Makes you forget who you are. And there's traditionally a ferryman, Charon, to help people cross it. Can't help but think that's who saved Thanatz here, carrying him from the land of the dead to the land of the unliving, the preterite detritus of WWII.
(An aside: Speaking of Styx, has anyone listened to Mr. Roboto recently? That song has some Gravity's Rainbow vibes.)
Our undertaker here is inspired by the Franklin myth and is trying to get struck by lightening in order to experience that "singular point, [that] discontinuity in the curve of life" (664) passing from a rate of change of positive infinity to one of negative infinity in the blink of an eye. Seems there's something of a conspiracy among those who have been through this point of infinite inflection - a secret society of lightening heads who are aware not of another reality but of a new layer of reality laid on top of our own. Insight into a higher level of reality, of hidden systems.
We get an example of the content of the lightning-aficionado's publication A Nickel Saved and it's supposedly full of coded messages for Those Who Know, each part being a veiled reference to other topics that contain the true meaning, requiring a true paranoid's ability to see (make?) connections. For example, there are repeated mentions of April, Easter, and Spring - the season of rebirth. To an Amperage Contest and lightbulbs failing - Byron the Bulb's attempts to strike back, perchance? A screen-door salesman - what is a screen door except a permeable interface?
But our undertaker isn't interested in secret knowledge - he just wants to be a better businessman - and he deposits Thanatz on the shore and rows back off into the storm. Here, Thanatz meets a group of 175s - men formerly imprisoned in the Dora camp for being gay - who have formed their own solitary community in this isolated section of northern Germany.
I suspect some of this imagery may initially shock readers - concentration camp victims who want to return to their prison? Who set up their own 175-Stadt to recreate the conditions of their imprisonment? But think about it - just last section, we saw Katje, someone who's been used and abused by those in power, balk at the thought of being truly free because she had become dependent on systems of control. She had integrated those control systems as part of her identity, her sense of self. "She needs the whip," Blicero wrote of her (662). Just like Katje, these men became so conditioned to depend on a system of total control and rigid social hierarchies that they don't know how to function without it. Their 175-Stadt doesn't seem like such a ridiculously dark, inappropriate caricature now, does it? Because isn't that a central point of this book - that everyone has been conditioned to need control, to need Their System, to not know how to function without it? Slothrop was our perfect everyman from within this system, and look at what it took for him to actually be free (and even then, the ideal of America still has a colonial outpost in his head). But in their 175-Stadt, these men at least control their system of control. They built it, they staff every level of it, and it's entirely under their control. An isolated state, separate from the broader System. But is there a ruler in this system, a king? No, simply the figment of Blicero. His name, his specter, looming over everything. A system of control with no real king? We've seen that before.
Not only that, but this micro-society is not based strictly on the SS command from Dora, but what the prisoners inferred about the rocket command structure in the Mittelwerke. So even their "recreation" of their imprisonment is an approximation of a different system. I'd also stop here to comment that, is this imagery really as ridiculous/insane as it first appears? I'd say no, since the queeS&M community absolutely took inspiration from Nazi uniforms as symbols of dominance and control, repurposing it into fetishwear. But then, as in this 175-Stadt, the control is by choice, as is the submission. As we've seen elsewhere in this book (Blicero's Oven-State), turning submission into a fetish can be a form of rebellion, since it subverts Their means of control (fear of pain) and turns it into a source of pleasure. Is it truly control if you're choosing it? Enjoying it? No one said this book asks easy questions of its readers...
Thanatz keeps looking for answers, and gets swept up amidst the vast swarms of preterite Displaced Persons being shifted across the zone. What's concerning is that these supposedly-free, albeit displaced, people, are shuffled without purpose across the Zone, with minimal food, water, or medicine, being "herded into wire enclosure[s]" and shipped around in freight cars, "deloused, poked, palpated, named, numbered, consigned, invoiced, misrouted, detained, ignored" (669). It's almost impossible to miss the painful similarity here to the treatment of Jews and other victims of the Holocaust. Only here the mistreatment isn't out of some pathological hatred, simply a system without a place for so many people, and without the committed resources to actually, effectively help them. The thought is unsettling, since we like to imagine that only Naziesque hatred could prompt such brutal mistreatment, not apathy.
Finally, he's rescued by the Schwarzkommando thanks to his knowledge of Blicero and the firing of Rocket 00000. Here, we learn a bit more about what happened that day. Looking into Blicero's eyes, he saw windmills reflected, though none were in the area. Another four-way mandala, like we saw last week with Slothrop. Thanatz isn't in great mental shape by this point, and he's beginning to equate Gottfried and Bianca both as his children. Why? Because he felt some sense of responsibility to them? Because he failed them? Either way, the Schwarzkommando learn all they need from him about that fateful noon on the Heath, though we do not. The section ends with a simple touch of hands between Enzian and Christian, a moment of connection, of trust.
Section 67
Man, how do I even start summarizing this complete doozy of a section? As Weissenburger writes, "In this episode the narration begins to fragment." (344) Ya don't say... Well, here goes.
We being one serious trip of a section with Slothrop, as part of a rather unimpressive team of quasi-superheros (the "Floundering Four") fighting against evil ol' Broderick Slothrop amidst the factory-state (a Metropolis-like iteration of the Rocket-State with movable buildings?!). Broderick, in the role of comic book supervillain, keeps trying to off Slothrop, but our hero has a lucky streak just wide enough to keep him alive.
Right off the bat, we see another image of the chessboard - the whole factory-state is laid out in a grid, and it's all A Game of Chess, as der Springer already informed us, and our movements are limited. Crucially, "Your objective is not the King - there is no King - but momentary targets such as the Radiant Hour." (674) How can you win at chess when there's no King? How can the land be restored and the cycle renewed if there's no King to die and be replaced?
Slothrop is joined by a truly slipshod lot: Myrtle Miraculous, the only one who seems to have actual powers; Maximilian, a suave Black club manager who can flow with all natural rhythms and thus able to navigate any scenario with ease, and Marcel, a mechanical chess player (an embodiment of the Mechanical Turk, but crucially, one without the hidden human operator. No hidden Grandmaster lurking inside Marcel here - nope, this android's the real deal.
This section includes one of my favorite quotes from the book: "Decisions are never really made - at best they manager to emerge, from a chaos of peeves, whims, hallucinations and all-round assholery." (676) I can think of several times where I've been able to relate to that scenario all too well.
Their chances for success and failure are equal, but these opposing odds don't cancel each other out - instead, the two opposing forces just create a "loud dissonance". The crew undertake some truly hallucinatory adventures through the Racketen-Stadt which I will not attempt to summarize, as that would be an exercise in futility. But we are treated to flashes of Slothrop, "Broderick and Nalline's shadow-child, their unconfessed, their monster son," (677) getting locked in an icebox, piloting a mobile building through the grid-streets of the factory-state like a giant chess piece. One line really jumps out at me, here, that I think is important: "Their struggle is not the only, or even the ultimate one. Indeed, not only are there many other struggles, but there are also spectators, watching, as spectators will do, hundreds of thousands of them." (679) Makes me think of the "glozing neuters," mentioned earlier - of the masses of people who are just trying to live their lives, neither part of any conspiracy nor actively aware of being subject to one. Must be nice. At the same time, the idea of other, simultaneous struggles, is noteworthy - it brings to mind the concept of intersectionality, and how people realizing their unique, individual struggles share common sources, and common traits, which they can work together to fight.
We end this sub-section in an arena for these exact masses, where our heroes are on a stakeout, with Slothrop in full drag waiting in the Transvestites' Toilet for a message.
You may be wondering about the multiple instances of cross-dressing, in various iterations, throughout the book. Slothrop in drag and Blicero in a wig and merkin come to mind. One aspect, I'd say, is that it reflects a blending of two (as far as society is generally concerned) binary opposites. A crossing-over, a transgression against the status quo and an option other than 1 or 0.
Eliot, in his Notes on The Waste Land, wrote,
"Tiresias, although a mere spectator and not indeed a 'character', is yet the most important personage in the poem, uniting all the rest. Just as the one-eyed merchant, seller of currants, melts into the Phoenician Sailor, and the latter is not wholly distinct from Ferdinand Prince of Naples, so all the women are one woman, and the two sexes meet in Tiresias. What Tiresias sees, in fact, is the substance of the poem." (Emphasis mine).
Cue Crutchfield the Westwardman's world of only one of everything. Likewise, the women in Gravity's Rainbow often blend together, share traits or imagery. So do the men. The joining of the two sexes in Blicero, as well as Slothrop here at the end, is significant.
The Low-Frequency Listeners
The introduction here of the character of Rohr, the Keeper of the Antenna, specifically as a Jehovah's witness, was odd. It's such a specific subsect of Christianity. Then we see - he heard a man on the radio, dying, asking for a priest. Rohr says, "Should I have got on and told him about priests? Would he've found any comfort in that?" (682). In what? I had to look it up, but when I did, it clicked - Jehovah's witnesses apparently do not have priests, because they are all ordained. There is no separate priest caste in their church, and thus no Preterite/Elect division. In this section, we also learn that the Nuremberg trials are getting underway.
Mom Slothrop's Letter to Ambassador Kennedy
You start to feel even more sorry for Slothrop as you realize just how terrible his parents apparently were. His mom cares enough to at least write another letter asking Ambassador Kennedy as to what the hell happened to their son, but her letter quickly devolves into drunken ramblings complaining about striking workers and managing to make an innuendo about Jack Kennedy while also dismissing her love of her sons. Oof. Maybe Otto was right with his conspiracy of mothers...
On the Phrase "Ass-Backwards"
An entertaining linguistic debate between Säure and Slothrop on American idioms, specifically ones involving a reversal, as in the case of "ass-backwards". The section then slips into a story of Säure, in his youth, breaking into the home of a young woman, Minnie, who is unable to hear or pronounce umlauted letters, and thus manages to shout the word "helicopter" rather than "cute robber" well before the vehicle was ever invented. Her cry is heard by none other than a young aerodynamics student. The word is taken as a prophesy and a warning of the helicopter's symbol of the police state, with armed officers hanging out the sides, aiming down at their targets.
My Doper's Cadenza
It begins with a serenade from Bodine, and then an exploration of the tenement building "Der Platz" that is home to numerous drug addicts, dope peddlers, and general ne'er-do-wells. They are building an anti-police moat around the building, entirely underground so as to avoid detection, saving breaking through the street for the end.
Shit 'n' Shinola
Another idiomatic diversion for Säure. A beautiful line is tucked away in here - "from outside, the Hall is golden, the white gold precisely of one lily-of-the-valley petal in 4 o'clock sunlight, serene, at the top of an artificially-graded hill." (687) This building, the Schein-Aula (Seeming-Hall), suggests "persistence, through returns of spring, hopes for love, melting snow and ice, academic Sunday tranquillities, smells of grass just crushed or cut or later turning to hay..." (688) Yet again, imagery of spring, of a return to life from the dead season of winter, of the cycle.
We return to the Roseland Ballroom, where shit 'n' Shinola do actually come together. "Shit, now, is the color white folks are afraid of. Shit is the presence of death, not some abstract-arty character with a scythe but the stiff and rotting corpse itself inside the whiteman's warm and private own asshole, which is getting pretty intimate. That's what that white toilet's for.... that white porcelain's the very emblem of Odorless and Official Death." (688) Here Pynchon cuts straight to the point - the almost pathological fear of death and its connections to fears of blackness, excrement. Shit, Death, and the Word. Edwin Treacle hit on this back on p. 276 when he tried to show his colleagues at the White Visitation "that their feelings about blackness were tied to feelings about shit, and feelings about shit to feelings about putrefaction and death." The cycle of life is too organic, too messy. Better to replace carbon with silicon, to hide shit with porcelain, to treat people with dark skin as "other" or sub-human to avoid acknowledging that their non-European, communal ways of life were, in fact, totally natural.
An Incident in the Transvestites' Toilet
Not King Kong, but a small, costumed ape comes up to Slothrop, who's wearing a Fay Wray dress while waiting in the bathroom for a still-unspecified message. We get a Miltonic blank-verse poem (thanks, Weissenburger!) about the movie King Kong, written in the voice of Anne Darrow (Fay Wray's character). It's honestly quite good - I love the line "in your own stone living space" - the internal rhyme there sounds really nice, and I like the riff on living stone / Livingston, both of which have popped up previously. In the poem, Darrow talks about when she was tied up, hung by the natives as an offering to "the night's one Shape to come" (689), echoing both Greta Erdman's scene in Alpdrücken and the Hanged Man card of the Tarot (willing sacrifice, sacrifice that prompts a return, a renewal of the cycle). Darrow says she prayed, "not for Jack," her suave costar, but for her director Carl Denham, "only him, with gun and camera... making the unreal reel / By shooting at it, one way or the other-" (689). Throughout GR, we've seen a film motif, and this really brings it home. The analogy of a gun to a camera, both of which make the unreal real (a camera creates films that interpret real life - the "unreal reel", a gun makes death, which we've blocked away and tried to avoid, real and inescapable). The director is in control of the movie, the actors, the story, of how it works and what is told. Darrow ends by asking Carl to "show me the key light, whisper me a line..." - a key light is used in cinema and photography to not just shed light on the subject, but to do so in a way that provides form and dimension to the subject and the scene. So Darrow is asking for the director to literally give her form and definition, to tell her what to say next.
This ape, though, isn't so Romantic as ol' Kong though, and is much more direct. It hands Slothrop an anarchist's bomb straight out of the comics pages, and takes off. Slothrop freezes and is saved by a helpful transvestite who takes the bomb and flushes it down the toilet. But it explodes anyway, sending geysers of water up out of all the toilets. A Voice comes out of he Loudspeaker informing everyone that it was, in fact, a sodium bomb that explodes upon contact with water. Tellls everyone to get the "dangerous maniac" who threw it. That was supposed to be Slothrop, but he was saved by his indecision and the kindness of a stranger, who is now set upon by the other occupants of the toilet.
A Moment of Fun with Takeshi and Ichizo, the Komical Kamikazes
We now jump to a pair of comically-mismatched Kamikaze pilots stationed on a remote island well away from any conflict. One flies a Zero, the other flies an "Ohka device" which is basically a rocket-bomb with a pilot's seat. They get moonshine from their radarman, Kenosho, who mocks them daily for the lack of opportunities to fly to their deaths and who comes up with haikus that, while in the right format, really miss the heart of what a haiku is supposed to be.
Streets
Back to Slothrop, now, and a catalogue of the streets he's traveled down and what he's seen. We get a meditation on the absurdity of army chaplains, who worked for the Army and "stood up and talked to the men who were going to die about God, death, nothingness, redemption, salvation." (693) And it does seem a bit absurd when you consider that the Army that employs the chaplains is the same entity sending the men off to die. We see a bus driver (perchance our maniac bus driver from earlier?) driving through town in the night, his passengers looking out the windows, their faces "drowned-man green, insomniac, tobacco-starved, scared, not of tomorrow, not yet, but of this pause in their night-passage, of how easy it will be to lose, and how much it will hurt..." (693) Going back to the Waste Land, the phrase "I do not find / The Hanged Man. Fear death by water." is symbolic of a death without return (drowning) contrasted to the sacrifice/return symbolized by The Hanged Man. These poor passengers, it seems, aren't to expect any return.
Slothrop also, at this point, learns of the bombing of Hiroshima from a discarded Army newspaper, the photo of the atomic blast placed in poor taste next to an image of a pin-up girl. The bomb's mushroom cloud is compared to the Cross, to a capital-T Tree. But which tree? Is this a meditation on the deadly, unforgettable knowledge of how to split the atom, or of the tree of life, with the citizens of Hiroshima as a sacrifice made... but to what? I'm honestly not sure. Would love your thoughts.
Listening to the Toilet
As others have noted, this book in many ways is about the drug counterculture and hippie movement of the 60s/early 70s. This is the most overt in this section, in which we learn that listening for the cessation of the flow of water to the toilet in the pipes is a cue that a police raid is imminent - shutting off the water being a way to prevent the flushing of illicit substances. But it takes a special ear to hear the cessation of a subtle, pervasive white noise. What if the sun, in fact, massive furnace that it is, emits a constant, low-level roar that is so incessant we don't even hear it? What if eddies in the current of the Soniferous Aether cause rare spots of true quiet, where the noise is no longer transmitted and anyone in that spot can hear their own heartbeat it's so quiet? Interestingly, there are "quiet rooms" designed to absorb nearly all sound, used for precise sound calibration. I remember reading that most people can't sit in one of those rooms for more than 30 minutes or so because it's literally so quiet that you can hear the blood flowing through your veins, and people have even reported auditory hallucinations as a result. But why this digression? Maybe because we need to be asking what other white noise is out there that we've become completely deaf to? I think Roger and Jessica found a pocket of this quiet, early in the book, where the "noise" of modern society and all its associated obligations was muted by the War.
Witty Repartee
A return to our Komical Kamikazes, and a meditation on the ubiquity of the Hotchkiss machine gun across nations, independent of alliances. We get an image of a false King - an inbred idiot lying naked in a dumpster, attracting the attention of potential revolutionaries. But they can't decide if he's "a diversionary nuisance planted here by the Management, or whether he's real Decadent Aristocracy to be held for real ransom" (698). While the would-be revolutionaries are debating in the alley, sentries with the aforementioned Hotchkiss guns take positions on the rooftops, aiming down...
Heart-to-Heart, Man-to-Man
A dialogue here between Slothrop and ol' Broderick, with dear old dad interrogating his wayward son about a modern electric drug. Slothrop reassures him that he'd never shoot raw electricity - no, they dope themselves with waves. Major pre-Cyberpunk vibes here, with Broderick warning "Suppose someday you just plug in and go away and never come back?" to which Tyrone replies, "What do you think every electrofreak dreams about? .... Maybe there is a Machine to take us away, take us completely, suck us out through the electrodes out of the skull 'n' into the Machine and live there forever.... We can live forever, in a clean, honest, purified Electroworld-" (699). Matrix, anyone? Not to mention the waves of radio, TV, etc. and the simple, episodic, controlled reality they offer. Pleasantville also comes to mind, with all its commentary on the shows of the era.
Some Characteristics of Imipolex G
We learn that Imipolex G is the first erectile plastic, stiffening in response to certain electronic stimuli. The potential of a layer of controlling wires just under the outer layer of Imipolex, making it a second skin - a synthetic interface. Alternately, there's the potential to control it via a projection of "an electronic 'image; analogous to a motion picture." (700)
My gods, I made it through this section...
Section 68
Tchitcherine now, dealing with a spook, Nikolai Ripov, from the Commissariat for Intelligence Activities. His pal Džabajev has run off with "two local derelicts" (700) and is impersonating Frank Sinatra and wooing the ladies of the Zone. We get the line, "While nobles are crying in their nights' chains, the squires sing. The terrible politics of the Grail can never touch them. Song is the magic cape." (701) - Seems another example of folks recognizing the game, the Grail quest, for what it was and checking out - deciding not to play and just enjoy themselves while the Elect lose sleep over the endless searching.
Ripov explains to Tchitcherine how "the basic problem... has always been getting other people to die for you." (701) Religion used to serve as an effective control for that reason - death isn't quite as scary if you think you're going to heaven. But modern society has moved on, and needs more secular sources of control, like a commitment to "History" as if you're part of some great narrative, sacrificing yourself for some imagined end-goal of what society is "supposed" to be.
Seems Tchitcherine was doping on Oneirine theophosphate. Wimpe, his dealer, argues that a man is "only real at the points of decision. The time between doesn't matter." (702) Points man again - the moment of decision, of choice, that splits the future in two. Points of control. Contrast that to:
"Datta: what have we given? / My friend, blood shaking my heart / The awful daring of a moment’s surrender / Which an age of prudence can never retract / By this, and this only, we have existed." (The Waste Land, Part V: What the Thunder Said - emphasis mine).
Both are arguing that it's these key moments, irreversible junctures in our lives that make us real. Not what comes next, not what people say about us, just our moments. Integrate those moments, run them fast enough (say 24 frames per second) and you might even approximate something close to a person...
We learn that Oneirine apparently leads to "the dullest hallucinations known to psychopharmacology" (703) - hauntings of the mundane, the almost-normal.
Tchitcherine's Haunting
Tchitcherine hallucinates that Ripov is interrogating him, and he becomes fixated on the question of whether or not he was supposed to die. Seems like part of him wants to believe in life after death, in some hope for meaning, which goes against the Soviet doctrine and thus isn't exactly endearing him to those above him. Thankfully this is just an Oneirine haunting, except... wait, it's too real - no subtle violations of reality. He tries to escape, but is outnumbered. But no execution for him here - just a reassignment to Central Asia. A cold and operational death.
Section 69
"The dearest nation of all is one that will survive no longer than you and I, a common movement at the mercy of death and time: the ad hoc adventure." - Resolutions of the Gross Suckling Conference (706)
In other words, they seek a nation that does not function independently of its citizens - one that is not some separate identity with a quasi-personhood (much like how corporations are legally "people"). Rather, a nation that is inextricably linked to the people and that will die when they do. No immortality, no denial of the cycle or death.
But poor Roger's still dealing with Jessica, and now with Jeremy, too, who he's at least amicable with. But he's struggling with their acceptance of the System, their embracing of it. Jeremy's all about reassembling the rockets and firing them, asking "What else does one do with a rocket?" (note how disassembling it or at least not using the weapon isn't even an option...).
Jeremy's even so kind as to invite Roger to a fancy dinner with a bunch of corporate bigwigs, including folks from Krupp, ICI, and GE, and hosted by one Stefan Utgarthaloki, whose name should be a giant red-flag that something's amiss with this shindig. Roger picks Seaman Bodine as his date, the two having struck up a rather theatrical friendship, dress in their absurdist best (Bodine in the mother of all zoot suits), and join the party.
We get some insight here into the nature of rebellions, and the danger of them not only fizzling out or failing, but of being co-opted as a tool to "help legitimize Them" (713). Of either dying or "living on as Their pet" - it brings to mind the corporate branding of "rebelliousness" as cool, as "a phase" that it's normal to go through and eventually grow up from. Treating the idealism of youth, the desire to make the world better and to fight against the problems of the system before you become numb to them, as a normal phase of life is such an effective way to neutralize it culturally. How many people have heard the phrase "you get conservative [i.e. more resistant to change] as you get older"? How many of us have seen youth-led movements being dismissed as examples of immaturity, for example? Between that and companies stamping their logo on it (hello, Hot Topic), it's a way to change the cultural narrative around any movement against the status quo to one that's dismissive, just accepting enough to let people burn off their energy and eventually fall into line. Because how else can you continue to live a decent life in a society that refuses to change? You either go build a shack in the woods somewhere, die, or acclimate to the system and just focus on being comfortable yourself, not constantly fighting for change. It's a depressing thought, and I'm sure Pynchon saw a lot of that attitude in the 60s. I have to wonder - do non-industrialized societies have "teenage rebellion" as a normal part of life? Is that a part of human nature, like we tend to think, or is it an explicit reaction to reaching maturity in a system that is anti-human and anti-nature?
Anyway, back to the dinner party - between the depressing, anti-social music (kazoos?!) and the lavish dinner, things seem fine, but there's a plot against the Roger and Bodine. Fortunately a journalist, Constance, tips off Bodine that they might just be the main course of this feast, so Bodine cues Roger to begin the evening show - an absurd gross-out session that they planned in advance with the aid of now-deceased Pudding communicating via medium Carroll Eventyr. The pair recite an increasingly disgusting list of alliterative dishes, triggering "well-bred gagging" and guests to flee, though a few find it all quite entertaining. But it's enough to break up the dinner party and allow our heroes to flee.
Note: If you made it this far, actually read all this, thank you. Bloom warned me this was a longer section, and boy, he wasn't kidding. I think this is longer than some college essays I wrote... Damn fun, though, and I hope you've found my thoughts informative, interesting, useful, or if nothing else, sufficiently diversionary for a spell. I truly look forward to seeing what you other fine foax have to say on these labrynthine sections.
Questions
  1. In the lightning-aficionado's "A Nickel Saved" excerpt, are there any other references or hidden ideas you can find? I have to think there are.
  2. What is the meaning of the windmill reflected in Blicero's eyes? How do you interpret the imagery in this scene in general?
  3. 175-Stadt. Oven-State. Hund-Stadt. Rocket-State. Factory-State. We've seen numerous examples of specialized micro-states across the Zone, experiments in different forms of society. What are your thoughts on these? Are they hints at ways to find alternate societies, or manifestations of humanity's tendency to divide by category and put of fences?
  4. In the "Shit 'n' Shinola" subsection, Pynchon connects Jack Kennedy, Malcolm X, and Tyrone Slothrop. What do you make of this intersection?
  5. In "Streets," the bombing of Hiroshima is presented as being similar to the Cross, "it is also, perhaps, a Tree..." - the capitalized "Tree" here could be the tree of knowledge, the tree of life, the tree from which the Hanged Man dangles, or perhaps something else. What's your interpretation of this imagery?
  6. In Section 69, we see references to the Albatross, famous symbol from The Rime of the Ancient Mariner. It's presented that Slothrop is the (now-plucked) albatross, but it's not clear who killed this bird, or who's wearing it around their neck. They? Any ideas?
submitted by KieselguhrKid13 to ThomasPynchon [link] [comments]

First Time Going Through Coding Interviews?

This post draws on my personal experiences and challenges over the past term at school, which I entered with hardly any knowledge of DSA (data structures and algorithms) and problem-solving strategies. As a self-taught programmer, I was a lot more familiar and comfortable with general programming, such as object-oriented programming, than with the problem-solving skills required in DSA questions.
This post reflects my journey throughout the term and the resources I turned to in order to quickly improve for my coding interview.
Here're some common questions and answers
What's the interview process like at a tech company?
Good question. It's actually pretty different from most other companies.

(What It's Like To Interview For A Coding Job

First time interviewing for a tech job? Not sure what to expect? This article is for you.

Here are the usual steps:

  1. First, you’ll do a non-technical phone screen.
  2. Then, you’ll do one or a few technical phone interviews.
  3. Finally, the last step is an onsite interview.
Some companies also throw in a take-home code test—sometimes before the technical phone interviews, sometimes after.
Let’s walk through each of these steps.

The non-technical phone screen

This first step is a quick call with a recruiter—usually just 10–20 minutes. It's very casual.
Don’t expect technical questions. The recruiter probably won’t be a programmer.
The main goal is to gather info about your job search. Stuff like:

  1. Your timeline. Do you need to sign an offer in the next week? Or are you trying to start your new job in three months?
  2. What’s most important to you in your next job. Great team? Flexible hours? Interesting technical challenges? Room to grow into a more senior role?
  3. What stuff you’re most interested in working on. Front end? Back end? Machine learning?
Be honest about all this stuff—that’ll make it easier for the recruiter to get you what you want.
One exception to that rule: If the recruiter asks you about your salary expectations on this call, best not to answer. Just say you’d rather talk about compensation after figuring out if you and the company are a good fit. This’ll put you in a better negotiating position later on.

The technical phone interview(s)

The next step is usually one or more hour-long technical phone interviews.
Your interviewer will call you on the phone or tell you to join them on Skype or Google Hangouts. Make sure you can take the interview in a quiet place with a great internet connection. Consider grabbing a set of headphones with a good microphone or a bluetooth earpiece. Always test your hardware beforehand!
The interviewer will want to watch you code in real time. Usually that means using a web-based code editor like Coderpad or collabedit. Run some practice problems in these tools ahead of time, to get used to them. Some companies will just ask you to share your screen through Google Hangouts or Skype.
Turn off notifications on your computer before you get started—especially if you’re sharing your screen!
Technical phone interviews usually have three parts:

  1. Beginning chitchat (5–10 minutes)
  2. Technical challenges (30–50 minutes)
  3. Your turn to ask questions (5–10 minutes)
The beginning chitchat is half just to help your relax, and half actually part of the interview. The interviewer might ask some open-ended questions like:

  1. Tell me about yourself.
  2. Tell me about something you’ve built that you’re particularly proud of.
  3. I see this project listed on your resume—tell me more about that.
You should be able to talk at length about the major projects listed on your resume. What went well? What didn’t? How would you do things differently now?
Then come the technical challenges—the real meet of the interview. You’ll spend most of the interview on this. You might get one long question, or several shorter ones.
What kind of questions can you expect? It depends.
Startups tend to ask questions aimed towards building or debugging code. (“Write a function that takes two rectangles and figures out if they overlap.”). They’ll care more about progress than perfection.
Larger companies will want to test your general know-how of data structures and algorithms (“Write a function that checks if a binary tree is ‘balanced’ in O(n)O(n) ↴ time.”). They’ll care more about how you solve and optimize a problem.
With these types of questions, the most important thing is to be communicating with your interviewer throughout. You'll want to "think out loud" as you work through the problem. For more info, check out our more detailed step-by-step tips for coding interviews.
If the role requires specific languages or frameworks, some companies will ask trivia-like questions (“In Python, what’s the ‘global interpreter lock’?”).
After the technical questions, your interviewer will open the floor for you to ask them questions. Take some time before the interview to comb through the company’s website. Think of a few specific questions about the company or the role. This can really make you stand out.
When you’re done, they should give you a timeframe on when you’ll hear about next steps. If all went well, you’ll either get asked to do another phone interview, or you’ll be invited to their offices for an onsite.

The onsite interview

An onsite interview happens in person, at the company’s office. If you’re not local, it’s common for companies to pay for a flight and hotel room for you.
The onsite usually consists of 2–6 individual, one-on-one technical interviews (usually in a small conference room). Each interview will be about an hour and have the same basic form as a phone screen—technical questions, bookended by some chitchat at the beginning and a chance for you to ask questions at the end.
The major difference between onsite technical interviews and phone interviews though: you’ll be coding on a whiteboard.
This is awkward at first. No autocomplete, no debugging tools, no delete button…ugh. The good news is, after some practice you get used to it. Before your onsite, practice writing code on a whiteboard (in a pinch, a pencil and paper are fine). Some tips:

  1. Start in the top-most left corner of the whiteboard. This gives you the most room. You’ll need more space than you think.
  2. Leave a blank line between each line as you write your code. Makes it much easier to add things in later.
  3. Take an extra second to decide on your variable names. Don’t rush this part. It might seem like a waste of time, but using more descriptive variable names ultimately saves you time because it makes you less likely to get confused as you write the rest of your code.
If a technical phone interview is a sprint, an onsite is a marathon. The day can get really long. Best to keep it open—don’t make other plans for the afternoon or evening.
When things go well, you’ wrap-up by chatting with the CEO or some other director. This is half an interview, half the company trying to impress you. They may invite you to get drinks with the team after hours.
All told, a long day of onsite interviews could look something like this:

If they let you go after just a couple interviews, it’s usually a sign that they’re going to pass on you. That’s okay—it happens!
There are are a lot of easy things you can do the day before and morning of your interview to put yourself in the best possible mindset. Check out our piece on what to do in the 24 hours before your onsite coding interview.

The take-home code test

Code tests aren’t ubiquitous, but they seem to be gaining in popularity. They’re far more common at startups, or places where your ability to deliver right away is more important than your ability to grow.
You’ll receive a description of an app or service, a rough time constraint for writing your code, and a deadline for when to turn it in. The deadline is usually negotiable.
Here's an example problem:
Write a basic “To-Do” app. Unit test the core functionality. As a bonus, add a “reminders” feature. Try to spend no more than 8 hours on it, and send in what you have by Friday with a small write-up.
Take a crack at the “bonus” features if they include any. At the very least, write up how you would implement it.
If they’re hiring for people with knowledge of a particular framework, they might tell you what tech to use. Otherwise, it’ll be up to you. Use what you’re most comfortable with. You want this code to show you at your best.
Some places will offer to pay you for your time. It's rare, but some places will even invite you to work with them in their office for a few days, as a "trial.")
Do I need to know this "big O" stuff?
Big O notation is the language we use for talking about the efficiency of data structures and algorithms.
Will it come up in your interviews? Well, it depends. There are different types of interviews.
There’s the classic algorithmic coding interview, sometimes called the “Google-style whiteboard interview.” It’s focused on data structures and algorithms (queues and stacks, binary search, etc).
That’s what our full course prepares you for. It's how the big players interview. Google, Facebook, Amazon, Microsoft, Oracle, LinkedIn, etc.
For startups and smaller shops, it’s a mixed bag. Most will ask at least a few algorithmic questions. But they might also include some role-specific stuff, like Java questions or SQL questions for a backend web engineer. They’ll be especially interested in your ability to ship code without much direction. You might end up doing a code test or pair-programming exercise instead of a whiteboarding session.
To make sure you study for the right stuff, you should ask your recruiter what to expect. Send an email with a question like, “Is this interview going to cover data structures and algorithms? Or will it be more focused around coding in X language.” They’ll be happy to tell you.
If you've never learned about data structures and algorithms, or you're feeling a little rusty, check out our Intuitive Guide to Data Structures and Algorithms.
Which programming language should I use?
Companies usually let you choose, in which case you should use your most comfortable language. If you know a bunch of languages, prefer one that lets you express more with fewer characters and fewer lines of code, like Python or Ruby. It keeps your whiteboard cleaner.
Try to stick with the same language for the whole interview, but sometimes you might want to switch languages for a question. E.g., processing a file line by line will be far easier in Python than in C++.
Sometimes, though, your interviewer will do this thing where they have a pet question that’s, for example, C-specific. If you list C on your resume, they’ll ask it.
So keep that in mind! If you’re not confident with a language, make that clear on your resume. Put your less-strong languages under a header like ‘Working Knowledge.’
What should I wear?
A good rule of thumb is to dress a tiny step above what people normally wear to the office. For most west coast tech companies, the standard digs are just jeans and a t-shirt. Ask your recruiter what the office is like if you’re worried about being too casual.
Should I send a thank-you note?
Thank-you notes are nice, but they aren’t really expected. Be casual if you send one. No need for a hand-calligraphed note on fancy stationery. Opt for a short email to your recruiter or the hiring manager. Thank them for helping you through the process, and ask them to relay your thanks to your interviewers.
1) Coding Interview Tips
How to get better at technical interviews without practicing
Chitchat like a pro.
Before diving into code, most interviewers like to chitchat about your background. They're looking for:

You should have at least one:

Nerd out about stuff. Show you're proud of what you've done, you're amped about what they're doing, and you have opinions about languages and workflows.
Communicate.
Once you get into the coding questions, communication is key. A candidate who needed some help along the way but communicated clearly can be even better than a candidate who breezed through the question.
Understand what kind of problem it is. There are two types of problems:

  1. Coding. The interviewer wants to see you write clean, efficient code for a problem.
  2. Chitchat. The interviewer just wants you to talk about something. These questions are often either (1) high-level system design ("How would you build a Twitter clone?") or (2) trivia ("What is hoisting in Javascript?"). Sometimes the trivia is a lead-in for a "real" question e.g., "How quickly can we sort a list of integers? Good, now suppose instead of integers we had . . ."
If you start writing code and the interviewer just wanted a quick chitchat answer before moving on to the "real" question, they'll get frustrated. Just ask, "Should we write code for this?"
Make it feel like you're on a team. The interviewer wants to know what it feels like to work through a problem with you, so make the interview feel collaborative. Use "we" instead of "I," as in, "If we did a breadth-first search we'd get an answer in O(n)O(n) time." If you get to choose between coding on paper and coding on a whiteboard, always choose the whiteboard. That way you'll be situated next to the interviewer, facing the problem (rather than across from her at a table).
Think out loud. Seriously. Say, "Let's try doing it this way—not sure yet if it'll work." If you're stuck, just say what you're thinking. Say what might work. Say what you thought could work and why it doesn't work. This also goes for trivial chitchat questions. When asked to explain Javascript closures, "It's something to do with scope and putting stuff in a function" will probably get you 90% credit.
Say you don't know. If you're touching on a fact (e.g., language-specific trivia, a hairy bit of runtime analysis), don't try to appear to know something you don't. Instead, say "I'm not sure, but I'd guess $thing, because...". The because can involve ruling out other options by showing they have nonsensical implications, or pulling examples from other languages or other problems.
Slow the eff down. Don't confidently blurt out an answer right away. If it's right you'll still have to explain it, and if it's wrong you'll seem reckless. You don't win anything for speed and you're more likely to annoy your interviewer by cutting her off or appearing to jump to conclusions.
Get unstuck.
Sometimes you'll get stuck. Relax. It doesn't mean you've failed. Keep in mind that the interviewer usually cares more about your ability to cleverly poke the problem from a few different angles than your ability to stumble into the correct answer. When hope seems lost, keep poking.
Draw pictures. Don't waste time trying to think in your head—think on the board. Draw a couple different test inputs. Draw how you would get the desired output by hand. Then think about translating your approach into code.
Solve a simpler version of the problem. Not sure how to find the 4th largest item in the set? Think about how to find the 1st largest item and see if you can adapt that approach.
Write a naive, inefficient solution and optimize it later. Use brute force. Do whatever it takes to get some kind of answer.
Think out loud more. Say what you know. Say what you thought might work and why it won't work. You might realize it actually does work, or a modified version does. Or you might get a hint.
Wait for a hint. Don't stare at your interviewer expectantly, but do take a brief second to "think"—your interviewer might have already decided to give you a hint and is just waiting to avoid interrupting.
Think about the bounds on space and runtime. If you're not sure if you can optimize your solution, think about it out loud. For example:

Get your thoughts down.
It's easy to trip over yourself. Focus on getting your thoughts down first and worry about the details at the end.
Call a helper function and keep moving. If you can't immediately think of how to implement some part of your algorithm, big or small, just skip over it. Write a call to a reasonably-named helper function, say "this will do X" and keep going. If the helper function is trivial, you might even get away with never implementing it.
Don't worry about syntax. Just breeze through it. Revert to English if you have to. Just say you'll get back to it.
Leave yourself plenty of room. You may need to add code or notes in between lines later. Start at the top of the board and leave a blank line between each line.
Save off-by-one checking for the end. Don't worry about whether your for loop should have "<<" or "<=<=." Write a checkmark to remind yourself to check it at the end. Just get the general algorithm down.
Use descriptive variable names. This will take time, but it will prevent you from losing track of what your code is doing. Use names_to_phone_numbers instead of nums. Imply the type in the name. Functions returning booleans should start with "is_*". Vars that hold a list should end with "s." Choose standards that make sense to you and stick with them.
Clean up when you're done.
Walk through your solution by hand, out loud, with an example input. Actually write down what values the variables hold as the program is running—you don't win any brownie points for doing it in your head. This'll help you find bugs and clear up confusion your interviewer might have about what you're doing.
Look for off-by-one errors. Should your for loop use a "<=<=" instead of a "<<"?
Test edge cases. These might include empty sets, single-item sets, or negative numbers. Bonus: mention unit tests!
Don't be boring. Some interviewers won't care about these cleanup steps. If you're unsure, say something like, "Then I'd usually check the code against some edge cases—should we do that next?"
Practice.
In the end, there's no substitute for running practice questions.
Actually write code with pen and paper. Be honest with yourself. It'll probably feel awkward at first. Good. You want to get over that awkwardness now so you're not fumbling when it's time for the real interview.

2) Tricks For Getting Unstuck During a Coding Interview
Getting stuck during a coding interview is rough.
If you weren’t in an interview, you might take a break or ask Google for help. But the clock is ticking, and you don’t have Google.
You just have an empty whiteboard, a smelly marker, and an interviewer who’s looking at you expectantly. And all you can think about is how stuck you are.
You need a lifeline for these moments—like a little box that says “In Case of Emergency, Break Glass.”
Inside that glass box? A list of tricks for getting unstuck. Here’s that list of tricks.
When you’re stuck on getting started
1) Write a sample input on the whiteboard and turn it into the correct output "by hand." Notice the process you use. Look for patterns, and think about how to implement your process in code.
Trying to reverse a string? Write “hello” on the board. Reverse it “by hand”—draw arrows from each character’s current position to its desired position.
Notice the pattern: it looks like we’re swapping pairs of characters, starting from the outside and moving in. Now we’re halfway to an algorithm.
2) Solve a simpler version of the problem. Remove or simplify one of the requirements of the problem. Once you have a solution, see if you can adapt that approach for the original question.
Trying to find the k-largest element in a set? Walk through finding the largest element, then the second largest, then the third largest. Generalizing from there to find the k-largest isn’t so bad.
3) Start with an inefficient solution. Even if it feels stupidly inefficient, it’s often helpful to start with something that’ll return the right answer. From there, you just have to optimize your solution. Explain to your interviewer that this is only your first idea, and that you suspect there are faster solutions.
Suppose you were given two lists of sorted numbers and asked to find the median of both lists combined. It’s messy, but you could simply:

  1. Concatenate the arrays together into a new array.
  2. Sort the new array.
  3. Return the value at the middle index.
Notice that you could’ve also arrived at this algorithm by using trick (2): Solve a simpler version of the problem. “How would I find the median of one sorted list of numbers? Just grab the item at the middle index. Now, can I adapt that approach for getting the median of two sorted lists?”
When you’re stuck on finding optimizations
1) Look for repeat work. If your current solution goes through the same data multiple times, you’re doing unnecessary repeat work. See if you can save time by looking through the data just once.
Say that inside one of your loops, there’s a brute-force operation to find an element in an array. You’re repeatedly looking through items that you don’t have to. Instead, you could convert the array to a lookup table to dramatically improve your runtime.
2) Look for hints in the specifics of the problem. Is the input array sorted? Is the binary tree balanced? Details like this can carry huge hints about the solution. If it didn’t matter, your interviewer wouldn’t have brought it up. It’s a strong sign that the best solution to the problem exploits it.
Suppose you’re asked to find the first occurrence of a number in a sorted array. The fact that the array is sorted is a strong hint—take advantage of that fact by using a binary search.

Sometimes interviewers leave the question deliberately vague because they want you to ask questions to unearth these important tidbits of context. So ask some questions at the beginning of the problem.
3) Throw some data structures at the problem. Can you save time by using the fast lookups of a hash table? Can you express the relationships between data points as a graph? Look at the requirements of the problem and ask yourself if there’s a data structure that has those properties.
4) Establish bounds on space and runtime. Think out loud about the parameters of the problem. Try to get a sense for how fast your algorithm could possibly be:

When All Else Fails
1) Make it clear where you are. State what you know, what you’re trying to do, and highlight the gap between the two. The clearer you are in expressing exactly where you’re stuck, the easier it is for your interviewer to help you.
2) Pay attention to your interviewer. If she asks a question about something you just said, there’s probably a hint buried in there. Don’t worry about losing your train of thought—drop what you’re doing and dig into her question.
Relax. You’re supposed to get stuck.
Interviewers choose hard problems on purpose. They want to see how you poke at a problem you don’t immediately know how to solve.
Seriously. If you don’t get stuck and just breeze through the problem, your interviewer’s evaluation might just say “Didn’t get a good read on candidate’s problem-solving process—maybe she’d already seen this interview question before?”
On the other hand, if you do get stuck, use one of these tricks to get unstuck, and communicate clearly with your interviewer throughout...that’s how you get an evaluation like, “Great problem-solving skills. Hire.”

3) Fixing Impostor Syndrome in Coding Interviews
“It's a fluke that I got this job interview...”
“I studied for weeks, but I’m still not prepared...”
“I’m not actually good at this. They’re going to see right through me...”
If any of these thoughts resonate with you, you're not alone. They are so common they have a name: impostor syndrome.
It’s that feeling like you’re on the verge of being exposed for what you really are—an impostor. A fraud.
Impostor syndrome is like kryptonite to coding interviews. It makes you give up and go silent.
You might stop asking clarifying questions because you’re afraid they’ll sound too basic. Or you might neglect to think out loud at the whiteboard, fearing you’ll say something wrong and sound incompetent.
You know you should speak up, but the fear of looking like an impostor makes that really, really hard.
Here’s the good news: you’re not an impostor. You just feel like an impostor because of some common cognitive biases about learning and knowledge.
Once you understand these cognitive biases—where they come from and how they work—you can slowly fix them. You can quiet your worries about being an impostor and keep those negative thoughts from affecting your interviews.

Everything you could know

Here’s how impostor syndrome works.
Software engineering is a massive field. There’s a huge universe of things you could know. Huge.
In comparison to the vast world of things you could know, the stuff you actually know is just a tiny sliver:
That’s the first problem. It feels like you don’t really know that much, because you only know a tiny sliver of all the stuff there is to know.

The expanding universe

It gets worse: counterintuitively, as you learn more, your sliver of knowledge feels like it's shrinking.
That's because you brush up against more and more things you don’t know yet. Whole disciplines like machine learning, theory of computation, and embedded systems. Things you can't just pick up in an afternoon. Heavy bodies of knowledge that take months to understand.
So the universe of things you could know seems to keep expanding faster and faster—much faster than your tiny sliver of knowledge is growing. It feels like you'll never be able to keep up.

What everyone else knows

Here's another common cognitive bias: we assume that because something is easy for us, it must be easy for everyone else. So when we look at our own skills, we assume they're not unique. But when we look at other people's skills, we notice the skills they have that we don't have.
The result? We think everyone’s knowledge is a superset of our own:
This makes us feel like everyone else is ahead of us. Like we're always a step behind.
But the truth is more like this:
There's a whole area of stuff you know that neither Aysha nor Bruno knows. An area you're probably blind to, because you're so focused on the stuff you don't know.

We’ve all had flashes of realizing this. For me, it was seeing the back end code wizard on my team—the one that always made me feel like an impostor—spend an hour trying to center an image on a webpage.

It's a problem of focus

Focusing on what you don't know causes you to underestimate what you do know. And that's what causes impostor syndrome.
By looking at the vast (and expanding) universe of things you could know, you feel like you hardly know anything.
And by looking at what Aysha and Bruno know that you don't know, you feel like you're a step behind.
And interviews make you really focus on what you don't know. You focus on what could go wrong. The knowledge gaps your interviewers might find. The questions you might not know how to answer.
But remember:
Just because Aysha and Bruno know some things you don't know, doesn't mean you don't also know things Aysha and Bruno don't know.
And more importantly, everyone's body of knowledge is just a teeny-tiny sliver of everything they could learn. We all have gaps in our knowledge. We all have interview questions we won't be able to answer.
You're not a step behind. You just have a lot of stuff you don't know yet. Just like everyone else.

4) The 24 Hours Before Your Interview

Feeling anxious? That’s normal. Your body is telling you you’re about to do something that matters.

The twenty-four hours before your onsite are about finding ways to maximize your performance. Ideally, you wanna be having one of those days, where elegant code flows effortlessly from your fingertips, and bugs dare not speak your name for fear you'll squash them.
You need to get your mind and body in The Zone™ before you interview, and we've got some simple suggestions to help.
5) Why You're Hitting Dead Ends In Whiteboard Interviews

The coding interview is like a maze

Listening vs. holding your train of thought

Finally! After a while of shooting in the dark and frantically fiddling with sample inputs on the whiteboard, you've came up with an algorithm for solving the coding question your interviewer gave you.
Whew. Such a relief to have a clear path forward. To not be flailing anymore.
Now you're cruising, getting ready to code up your solution.
When suddenly, your interviewer throws you a curve ball.
"What if we thought of the problem this way?"
You feel a tension we've all felt during the coding interview:
"Try to listen to what they're saying...but don't lose your train of thought...ugh, I can't do both!"
This is a make-or-break moment in the coding interview. And so many people get it wrong.
Most candidates end up only half understanding what their interviewer is saying. Because they're only half listening. Because they're desperately clinging to their train of thought.
And it's easy to see why. For many of us, completely losing track of what we're doing is one of our biggest coding interview fears. So we devote half of our mental energy to clinging to our train of thought.
To understand why that's so wrong, we need to understand the difference between what we see during the coding interview and what our interviewer sees.

The programming interview maze

Working on a coding interview question is like walking through a giant maze.
You don't know anything about the shape of the maze until you start wandering around it. You might know vaguely where the solution is, but you don't know how to get there.
As you wander through the maze, you might find a promising path (an approach, a way to break down the problem). You might follow that path for a bit.
Suddenly, your interviewer suggests a different path:
But from what you can see so far of the maze, your approach has already gotten you halfway there! Losing your place on your current path would mean a huge step backwards. Or so it seems.
That's why people hold onto their train of thought instead of listening to their interviewer. Because from what they can see, it looks like they're getting somewhere!
But here's the thing: your interviewer knows the whole maze. They've asked this question 100 times.

I'm not exaggerating: if you interview candidates for a year, you can easily end up asking the same question over 100 times.
So if your interviewer is suggesting a certain path, you can bet it leads to an answer.
And your seemingly great path? There's probably a dead end just ahead that you haven't seen yet:
Or it could just be a much longer route to a solution than you think it is. That actually happens pretty often—there's an answer there, but it's more complicated than you think.

Hitting a dead end is okay. Failing to listen is not.

Your interviewer probably won't fault you for going down the wrong path at first. They've seen really smart engineers do the same thing. They understand it's because you only have a partial view of the maze.
They might have let you go down the wrong path for a bit to see if you could keep your thinking organized without help. But now they want to rush you through the part where you discover the dead end and double back. Not because they don't believe you can manage it yourself. But because they want to make sure you have enough time to finish the question.
But here's something they will fault you for: failing to listen to them. Nobody wants to work with an engineer who doesn't listen.
So when you find yourself in that crucial coding interview moment, when you're torn between holding your train of thought and considering the idea your interviewer is suggesting...remember this:
Listening to your interviewer is the most important thing.
Take what they're saying and run with it. Think of the next steps that follow from what they're saying.
Even if it means completely leaving behind the path you were on. Trust the route your interviewer is pointing you down.
Because they can see the whole maze.
6) How To Get The Most Out Of Your Coding Interview Practice Sessions
When you start practicing for coding interviews, there’s a lot to cover. You’ll naturally wanna brush up on technical questions. But how you practice those questions will make a big difference in how well you’re prepared.
Here’re a few tips to make sure you get the most out of your practice sessions.
Track your weak spots
One of the hardest parts of practicing is knowing what to practice. Tracking what you struggle with helps answer that question.
So grab a fresh notebook. After each question, look back and ask yourself, “What did I get wrong about this problem at first?” Take the time to write down one or two things you got stuck on, and what helped you figure them out. Compare these notes to our tips for getting unstuck.
After each full practice session, read through your entire running list. Read it at the beginning of each practice session too. This’ll add a nice layer of rigor to your practice, so you’re really internalizing the lessons you’re learning.
Use an actual whiteboard
Coding on a whiteboard is awkward at first. You have to write out every single character, and you can’t easily insert or delete blocks of code.
Use your practice sessions to iron out that awkwardness. Run a few problems on a piece of paper or, if you can, a real whiteboard. A few helpful tips for handwriting code:

Set a timer
Get a feel for the time pressure of an actual interview. You should be able to finish a problem in 30–45 minutes, including debugging your code at the end.
If you’re just starting out and the timer adds too much stress, put this technique on the shelf. Add it in later as you start to get more comfortable with solving problems.
Think out loud
Like writing code on a whiteboard, this is an acquired skill. It feels awkward at first. But your interviewer will expect you to think out loud during the interview, so you gotta power through that awkwardness.
A good trick to get used to talking out loud: Grab a buddy. Another engineer would be great, but you can also do this with a non-technical friend.
Have your buddy sit in while you talk through a problem. Better yet—try loading up one of our questions on an iPad and giving that to your buddy to use as a script!
Set aside a specific time of day to practice.
Give yourself an hour each day to practice. Commit to practicing around the same time, like after you eat dinner. This helps you form a stickier habit of practicing.
Prefer small, daily doses of practice to doing big cram sessions every once in a while. Distributing your practice sessions helps you learn more with less time and effort in the long run.
part -2 will be upcoming in another post !
submitted by Cyberrockz to u/Cyberrockz [link] [comments]

Wall Street Week Ahead for the trading week beginning August 17th, 2020

Good Saturday morning to all of you here on smallstreetbets. I hope everyone on this sub made out pretty nicely in the market this past week, and is ready for the new trading week ahead.
Here is everything you need to know to get you ready for the trading week beginning August 17th, 2020.

Stocks are ignoring the lack of a stimulus package from Congress, but that could change - (Source)

Stocks could hang at record levels but gains may be capped until Congress agrees to a new stimulus package to help the economy and the millions of unemployed Americans.
Stocks were higher in the past week, and the S&P 500 flirted with record levels it set in February.
In the coming week, there are some major retailers reporting earnings, including Walmart, Home Depot and Target, but the season is mostly over and the market is entering a quiet period. There are minutes from the Fed’s last meeting, released Wednesday, and housing data, including starts Tuesday and existing sales Friday.
Investors had been watching efforts by Congress to agree to a new stimulus package, but talks have failed and the Senate has gone on recess. There is a concern that Congress will not be convinced to provide a big enough package when it does get to work again on the next stimulus round because recent economic reports look stronger. July’s retail sales, for example, climbed to a record level and recovered to pre-pandemic levels.
“The juxtaposition of getting more fiscal stimulus and better data has paralyzed us in our tracks … we’ve seen this sideways [market] action,” said Art Hogan, chief market strategist at National Alliance. “It feels like we need more action from Congress, and the concern is the longer we wait, the better the data gets and the less impactful the next round of stimulus will be.”
Some technical analysts say the market may pull back around the high, to allow it to consolidate gains before moving higher into the end of the year. The S&P 500 reached an all-time high of 3,393 on Feb. 19.
Hogan said he expects stocks to tread sideways during the dog days of August, but they could begin to react negatively to the election in September. He also said it is important that progress continue against the spread of Covid-19, as the economy continues to reopen.
Peter Boockvar, chief investment strategist at Bleakley Advisory Group, said the market could have a wakeup call at some point that the stimulus package has not been approved.
“I think it will cross over a line where they care,” he said. “I think the market is in suspended animation of believing there will be a magical deal.” Boockvar said he expects a deal ultimately, but the impact is not likely to be as big as the last round of funding.
“What they’re not grasping is any deal, any extension of unemployment benefits, is going to be smaller than it was, and the rate of change should be the most important thing investors focus on,” he said. “Not the binary outcome of whether there’s a deal or no deal. There’s going to be less air going into the balloon.”

It’s the economy

Still, economists expect to see a strong rebound in the third quarter, and are anticipating about about a 20% jump in third-quarter growth. But they also say that could be threatened if Congress does not help with another stimulus package.
Mark Zandi, chief economist at Moody’s Analytics, described the July retail sales as a perfect V-shaped recovery, but cautioned it would not last unless more aid gets to individuals and cities and states. Democrats have sought a $3 trillion spending package, and Republicans in the Senate offered a $1 trillion package. They could not reach a compromise, including on a $600 weekly payment to individuals on unemployment which expired July 31.
President Donald Trump has tried to fill the gap with executive orders to provide extra benefits to those on unemployment, but the $300 federal payment and $100 from states may take some time to reach individuals, as the processing varies by state. He has also issued an order instructing the Treasury to temporarily defer collection of payroll taxes from individuals making up to $104,000.
“I think in August and September, there will be a lot of Ws, if there’s not more help here,” said Zandi, referring to an economic recovery that retrenches from a V shape before heading higher again. “It’s clearly perplexing. It may take the stock market to say we’re not going to get what we expect, and sell off and light a fire.”
Zandi said it could come to a situation like 2008, where the stock market sold off sharply before Congress would agree to a program that helped financial companies.
“We need a TARP moment to get these guys to help. Maybe if the claims tick higher and the August employment numbers are soft, given the president is focused on the stock market, that might be what it takes to get them back to the table in earnest,” he said, referring to the Troubled Asset Relief Program that helped rescue banks during the financial crisis.
He ultimately expects a package of about $1.5 trillion to be approved in September.
The lack of funding for state and local governments could result in more layoffs, as they struggle with their current 2021 budgets, Zandi said. Already 1.3 million public sector jobs have been lost since February, and there will be more layoffs and more programs and projects cancelled. The impact will hit contractors and other businesses that provide services to local governments.
“The multipliers on state and local government are among the highest of any form of support, so if you don’t provide it, it’s going to ripple through the economy pretty fast,” he said.
Economists expect to see a softening in consumer spending in August with the more than 28 million Americans on unemployment benefits as of mid-July no longer receiving any supplemental pay.
“The real irony is things are shaping up that September is going to be a bad month, and that’s going to show up in all the data in October,” Zandi said. “They are really taking a chance on this election by not acting.”

This past week saw the following moves in the S&P:

(CLICK HERE FOR THE FULL S&P TREE MAP FOR THE PAST WEEK!)

Major Indices for this past week:

(CLICK HERE FOR THE MAJOR INDICES FOR THE PAST WEEK!)

Major Futures Markets as of Friday's close:

(CLICK HERE FOR THE MAJOR FUTURES INDICES AS OF FRIDAY!)

Economic Calendar for the Week Ahead:

(CLICK HERE FOR THE FULL ECONOMIC CALENDAR FOR THE WEEK AHEAD!)

Percentage Changes for the Major Indices, WTD, MTD, QTD, YTD as of Friday's close:

(CLICK HERE FOR THE CHART!)

S&P Sectors for the Past Week:

(CLICK HERE FOR THE CHART!)

Major Indices Pullback/Correction Levels as of Friday's close:

(CLICK HERE FOR THE CHART!

Major Indices Rally Levels as of Friday's close:

(CLICK HERE FOR THE CHART!)

Most Anticipated Earnings Releases for this week:

(CLICK HERE FOR THE CHART!)

Here are the upcoming IPO's for this week:

(CLICK HERE FOR THE CHART!)

Friday's Stock Analyst Upgrades & Downgrades:

(CLICK HERE FOR THE CHART LINK #1!)
(CLICK HERE FOR THE CHART LINK #2!)

4 Charts That Will Amaze You

The S&P 500 Index is a few points away from a new all-time high, completing one of the fastest recoveries from a bear market ever. But this will also seal the deal on the shortest bear market ever. Remember, the S&P 500 Index lost 20% from an all-time high in only 16 trading days back in February and March, so it makes sense that this recovery could be one of the fastest ever.
From the lows on March 23, the S&P 500 has now added more than 50%. Many have been calling this a bear market rally for months, while we have been in the camp this is something more. It’s easy to see why this rally is different based on where it stands versus other bear market rallies:
(CLICK HERE FOR THE CHART!)
They say the stock market is the only place where things go on sale, yet everyone runs out of the store screaming. We absolutely saw that back in March and now with stocks near new highs, many have missed this record run. Here we show how stocks have been usually higher a year or two after corrections.
(CLICK HERE FOR THE CHART!)
After a historic drop in March, the S&P 500 has closed higher in April, May, June, and July. This rare event has happened only 11 other times, with stocks gaining the final five months of the year a very impressive 10 times. Only 2018 and the nearly 20% collapse in December saw a loss those final five months.
(CLICK HERE FOR THE CHART!)
As shown in the LPL Chart of the Day, this bear market will go down as the fastest ever, at just over one month. The recovery back to new highs will be five months if we get there by August 23, making this one of the fastest recoveries ever. Not surprisingly, it usually takes longer for bear markets in a recession to recover; only adding to the impressiveness of this rally.
(CLICK HERE FOR THE CHART!)
“It normally takes 30 months for bear markets during a recession to recover their losses, which makes this recovery all the more amazing,” said LPL Financial Chief Market Strateigst Ryan Detrick.. “Then again, there has been nothing normal about this recession, so maybe we shouldn’t be shocked about yet another record going down in 2020.”

When a Few Basis Points Packs a Punch

US Treasury yields have been on the rise this week with the 10-year yield rising 13 basis points (bps) from 0.56% up to 0.69% after getting as high as 0.72% on Thursday. A 13 bps move higher in interest rates may not seem like a whole lot, but with rates already at such low levels, a small move can have a pretty big impact on the prices of longer-term maturities.
(CLICK HERE FOR THE CHART!)
Starting with longer-term US Treasuries, TLT, which measures the performance of maturities greater than 20 years, has declined 3.5% this week. Now, for a growth stock, 3.5% is par for the course, but that kind of move in the Treasury market is no small thing. The latest pullback for TLT also coincides with another failed attempt by the ETF to trade and stay above $170 for more than a day.
(CLICK HERE FOR THE CHART!)
The further out the maturity window you go in the fixed income market, the bigger the impact of the move higher in interest rates. The Republic of Austria issued a 100-year bond in 2017, and its movements exemplify the wild moves that small changes in interest rates (from a low base) can have on prices. Just this week, the Austrian 100-year was down over 5%, which is a painful move no matter what type of asset class you are talking about. This week's move, though, was nothing compared to the stomach-churning swings from earlier this year. When Covid was first hitting the fan, the 100-year rallied 57% in the span of less than two months. That kind of move usually occurs over years rather than days, but in less than a third of that time, all those gains disintegrated in a two-and-a-half week span from early to late March. Easy come, easy go. Ironically enough, despite all the big up and down moves in this bond over the last year, as we type this, the bond's price is the same now as it was on this same day last year.
(CLICK HERE FOR THE CHART!)

Retail Sales Rock to New Highs

At the headline level, July’s Retail Sales report disappointed as the reading missed expectations by nearly a full percentage point. Just as soon as the report was released, we saw a number of stories pounce on the disappointment as a sign that the economy was losing steam. Looked at in more detail, though, the July report wasn’t all that bad. While the headline reading rose less than expected (1.2% vs 2.1%), Ex Autos and Ex Autos and Gas, the results were much better than expected. Not only that, but June’s original readings were all revised higher by around a full percentage point.
Besides the fact that this month’s report was better underneath the surface and June’s reading was revised higher, it was also notable as the seasonally-adjusted annualized rate of sales in July hit a new record high. After the last record high back in January, only five months passed until American consumers were back to their pre-Covid spending ways. For the sake of comparison, back during the Financial Crisis, 40 months passed between the original high in Retail Sales in November 2007 and the next record high in April 2011. 5 months versus 40? Never underestimate the power of the US consumer!
(CLICK HERE FOR THE CHART!)
While the monthly pace of retail sales is back at all-time highs, the characteristics behind the total level of sales have changed markedly in the post COVID world. In our just released B.I.G. Tips report we looked at these changing dynamics to highlight the groups that have been the biggest winners and losers from the shifts.

100 Days of Gains

Today marked 100 trading days since the Nasdaq 100's March 20th COVID Crash closing low. Below is a chart showing the rolling 100-trading day percentage change of the Nasdaq 100 since 1985. The 59.8% gain over the last 100 trading days ranks as the 3rd strongest run on record. The only two stronger 100-day rallies ended in January 1999 and March 2000.
(CLICK HERE FOR THE CHART!)
While the Nasdaq 100 bottomed on Friday, March 20th, the S&P 500 bottomed the following Monday (3/23). This means tomorrow will mark 100 trading days since the S&P 500's COVID Crash closing low. Right now the rolling 100-day percentage change for the S&P 500 sits at +46.7%. But if the S&P manages to trade at current levels tomorrow, the 100-day gain will jump above 50%. It has been 87 years (1933) since we've seen a 100-day gain of more than 50%!
(CLICK HERE FOR THE CHART!)

B.I.G. Tips - New Highs In Sight

Whether you want to look at it from the perspective of closing prices or intraday levels, the S&P 500 is doing what just about everybody thought would be impossible less than five months ago - approaching record highs. Relative to its closing high of 3,386.15, the S&P 500 is just 0.27% lower, while it's within half of a percent from its record intraday high of 3,393.52. Through today, the S&P 500 has gone 120 trading days without a record high, and as shown in the chart below, the current streak is barely even visible when viewed in the perspective of all streaks since 1928. Even if we zoom in on just the last five years, the current streak of 120 trading days only ranks as the fourth-longest streak without a new high.
While the S&P 500's 120-trading day streak without a new high isn't extreme by historical standards, the turnaround off the lows has been extraordinary. In the S&P 500's history, there have been ten prior declines of at least 20% from a record closing high. Of those ten prior periods, the shortest gap between the original record high and the next one was 309 trading days, and the shortest gap between highs that had a pullback of at least 30% was 484 tradings days (or more than four times the current gap of 120 trading days). For all ten streaks without a record high, the median drought was 680 trading days.
(CLICK HERE FOR THE CHART!)
Whenever the S&P 500 does take out its 2/19 high, the question is whether the new high represents a breakout where the S&P 500 keeps rallying into evergreen territory, or does it run out of gas after finally reaching a new milestone? To shed some light on this question, we looked at the S&P 500's performance following each prior streak of similar duration without a new high.

Rocket Reversals

Over the last few days, we've been seeing a moderate rotation in the market as red-hot growth stocks sell-off and investors shift into other areas of the market that have been lagging. To highlight this, the table below highlights 24 companies in the Russell 3,000 with market caps of more than $1 billion that traded at a 52-week high within the last month but are currently down more than 20% from that high. The vast majority of these stocks are names that investors haven't been able to get enough of in 2020 but now appear to have had their fill.
Topping the list of these reversals is Eastman Kodak (KODK). On 7/29, the stock surged to a 52-week high of $60.00 after being awarded a questionable government contract to domestically produce components for prescription drugs. With the SEC and government agency that originally awarded the contract now looking into stock option awards at the company just before it was announced, the stock has pulled back sharply and is now down over 80% from its high less than two weeks ago.
While KODK is more of a unique example, other names on the list are primarily growth or health care stocks that have benefited from the COVID outbreak. However, now that signs suggest the summer wave in the south has crested, investors appear to be taking some profits. Shares of Vaxart (VXRT) hit a high of $17.49 on July 14th but have since lost nearly half of their value and trade back in the single-digits. Additionally, Bloom Energy (BE), 1Life Healthcare (ONEM), and Bioxcel Therapeutics (BTAI) have all lost more than a third of their value.
In terms of market cap, most of the names listed are on the small side, but Tesla (TSLA) is a notable exception as it is now just over 20% below its 52-week high on 7/13. Other relatively large companies on the list include Moderna (MRNA), Citrix Systems (CTXS), Teladoc (TDOC), and Livongo (LVGO). TDOC and LVGO both hit all-time highs last week but after announcing a mostly stock merger last Wednesday, both have lost nearly a quarter of their value.
While all of the stocks listed below have seen sharp pullbacks in the last several days, a little perspective is in order. Of the 24 names listed, the average YTD change even after the declines has been a gain of 219.7% (median: +94.6%). Only two of the stocks shown (New Relic- NEWR and Sonos- SONO) are down YTD, and half of them have at least doubled and in many cases much more.
(CLICK HERE FOR THE CHART!)

STOCK MARKET VIDEO: Stock Market Analysis Video for Week Ending August 14th, 2020

([CLICK HERE FOR THE YOUTUBE VIDEO!]())
(VIDEO NOT YET POSTED!)

STOCK MARKET VIDEO: ShadowTrader Video Weekly 8.16.20

([CLICK HERE FOR THE YOUTUBE VIDEO!]())
(VIDEO NOT YET POSTED!)
Here are the most notable companies (tickers) reporting earnings in this upcoming trading week ahead-
  • $WMT
  • $NVDA
  • $BABA
  • $JD
  • $HD
  • $LOW
  • $TGT
  • $SE
  • $NIU
  • $BJ
  • $AAP
  • $DLPN
  • $TJX
  • $ADI
  • $DE
  • $FL
  • $KSS
  • $DQ
  • $PDD
  • $GDS
  • $ECC
  • $BEST
  • $CTK
  • $EL
  • $VIPS
  • $SNPS
  • $A
  • $ROST
  • $QIWI
  • $LB
  • $LX
  • $AMCR
  • $CMCM
  • $LZB
  • $OPRA
  • $KEYS
  • $CREE
  • $GAN
  • $BZUN
  • $JKHY
  • $FN
  • $MLCO
  • $KC
  • $FUV
  • $SQM
(CLICK HERE FOR NEXT WEEK'S MOST NOTABLE EARNINGS RELEASES!)
(CLICK HERE FOR NEXT WEEK'S HIGHEST VOLATILITY EARNINGS RELEASES!)
Below are some of the notable companies coming out with earnings releases this upcoming trading week ahead which includes the date/time of release & consensus estimates courtesy of Earnings Whispers:

Monday 8.17.20 Before Market Open:

(CLICK HERE FOR MONDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!)

Monday 8.17.20 After Market Close:

(CLICK HERE FOR MONDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!)

Tuesday 8.18.20 Before Market Open:

(CLICK HERE FOR TUESDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!)

Tuesday 8.18.20 After Market Close:

(CLICK HERE FOR TUESDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!)

Wednesday 8.19.20 Before Market Open:

(CLICK HERE FOR WEDNESDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!)

Wednesday 8.19.20 After Market Close:

(CLICK HERE FOR WEDNESDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!)

Thursday 8.20.20 Before Market Open:

(CLICK HERE FOR THURSDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!)

Thursday 8.20.20 After Market Close:

(CLICK HERE FOR THURSDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!)

Friday 8.21.20 Before Market Open:

(CLICK HERE FOR FRIDAY'S PRE-MARKET EARNINGS TIME & ESTIMATES!)

Friday 8.21.20 After Market Close:

([CLICK HERE FOR FRIDAY'S AFTER-MARKET EARNINGS TIME & ESTIMATES!]())
(NONE)

Walmart Inc. $132.60

Walmart Inc. (WMT) is confirmed to report earnings at approximately 7:00 AM ET on Tuesday, August 18, 2020. The consensus earnings estimate is $1.20 per share on revenue of $134.28 billion and the Earnings Whisper ® number is $1.29 per share. Investor sentiment going into the company's earnings release has 81% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 5.51% with revenue increasing by 2.99%. Short interest has decreased by 12.5% since the company's last earnings release while the stock has drifted higher by 0.6% from its open following the earnings release to be 9.9% above its 200 day moving average of $120.64. Overall earnings estimates have been revised higher since the company's last earnings release. On Tuesday, August 11, 2020 there was some notable buying of 12,381 contracts of the $135.00 put expiring on Friday, August 21, 2020. Option traders are pricing in a 4.9% move on earnings and the stock has averaged a 2.3% move in recent quarters.

(CLICK HERE FOR THE CHART!)

NVIDIA Corp. $462.56

NVIDIA Corp. (NVDA) is confirmed to report earnings at approximately 4:20 PM ET on Wednesday, August 19, 2020. The consensus earnings estimate is $1.95 per share on revenue of $3.65 billion and the Earnings Whisper ® number is $2.01 per share. Investor sentiment going into the company's earnings release has 84% expecting an earnings beat The company's guidance was for earnings of $1.83 to $2.06 per share. Consensus estimates are for year-over-year earnings growth of 65.25% with revenue increasing by 41.53%. The stock has drifted higher by 31.0% from its open following the earnings release to be 57.7% above its 200 day moving average of $293.24. Overall earnings estimates have been revised higher since the company's last earnings release. On Friday, August 14, 2020 there was some notable buying of 3,787 contracts of the $460.00 call expiring on Friday, August 21, 2020. Option traders are pricing in a 7.7% move on earnings and the stock has averaged a 4.0% move in recent quarters.

(CLICK HERE FOR THE CHART!)

Alibaba Group Holding Ltd. $253.97

Alibaba Group Holding Ltd. (BABA) is confirmed to report earnings at approximately 7:10 AM ET on Thursday, August 20, 2020. The consensus earnings estimate is $1.99 per share on revenue of $21.13 billion and the Earnings Whisper ® number is $2.11 per share. Investor sentiment going into the company's earnings release has 83% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 8.74% with revenue increasing by 26.22%. Short interest has increased by 30.1% since the company's last earnings release while the stock has drifted higher by 25.0% from its open following the earnings release to be 20.0% above its 200 day moving average of $211.59. Overall earnings estimates have been revised lower since the company's last earnings release. On Friday, August 7, 2020 there was some notable buying of 12,935 contracts of the $300.00 call expiring on Friday, November 20, 2020. Option traders are pricing in a 6.2% move on earnings and the stock has averaged a 3.1% move in recent quarters.

(CLICK HERE FOR THE CHART!)

JD.com, Inc. $62.06

JD.com, Inc. (JD) is confirmed to report earnings at approximately 5:50 AM ET on Monday, August 17, 2020. The consensus earnings estimate is $0.38 per share on revenue of $26.98 billion and the Earnings Whisper ® number is $0.46 per share. Investor sentiment going into the company's earnings release has 78% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 52.00% with revenue increasing by 23.25%. Short interest has increased by 16.7% since the company's last earnings release while the stock has drifted higher by 24.1% from its open following the earnings release to be 36.9% above its 200 day moving average of $45.34. Overall earnings estimates have been revised higher since the company's last earnings release. On Friday, August 14, 2020 there was some notable buying of 12,799 contracts of the $62.00 call expiring on Friday, August 21, 2020. Option traders are pricing in a 8.0% move on earnings and the stock has averaged a 6.4% move in recent quarters.

(CLICK HERE FOR THE CHART!)

Home Depot, Inc. $280.55

Home Depot, Inc. (HD) is confirmed to report earnings at approximately 6:00 AM ET on Tuesday, August 18, 2020. The consensus earnings estimate is $3.71 per share on revenue of $31.67 billion and the Earnings Whisper ® number is $3.75 per share. Investor sentiment going into the company's earnings release has 78% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 17.03% with revenue increasing by 2.69%. Short interest has decreased by 39.8% since the company's last earnings release while the stock has drifted higher by 16.7% from its open following the earnings release to be 22.4% above its 200 day moving average of $229.20. Overall earnings estimates have been revised higher since the company's last earnings release. On Friday, August 14, 2020 there was some notable buying of 3,323 contracts of the $300.00 call expiring on Friday, August 28, 2020. Option traders are pricing in a 4.2% move on earnings and the stock has averaged a 2.5% move in recent quarters.

(CLICK HERE FOR THE CHART!)

Lowe's Companies, Inc. $154.34

Lowe's Companies, Inc. (LOW) is confirmed to report earnings at approximately 6:00 AM ET on Wednesday, August 19, 2020. The consensus earnings estimate is $2.93 per share on revenue of $21.29 billion and the Earnings Whisper ® number is $2.97 per share. Investor sentiment going into the company's earnings release has 78% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 36.28% with revenue increasing by 1.42%. Short interest has decreased by 19.2% since the company's last earnings release while the stock has drifted higher by 25.9% from its open following the earnings release to be 31.2% above its 200 day moving average of $117.67. Overall earnings estimates have been revised higher since the company's last earnings release. On Friday, August 7, 2020 there was some notable buying of 1,994 contracts of the $170.00 call expiring on Friday, August 21, 2020. Option traders are pricing in a 6.0% move on earnings and the stock has averaged a 5.8% move in recent quarters.

(CLICK HERE FOR THE CHART!)

Target Corp. $136.53

Target Corp. (TGT) is confirmed to report earnings at approximately 6:30 AM ET on Wednesday, August 19, 2020. The consensus earnings estimate is $1.56 per share on revenue of $19.30 billion and the Earnings Whisper ® number is $1.64 per share. Investor sentiment going into the company's earnings release has 75% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 14.29% with revenue increasing by 4.77%. Short interest has decreased by 36.8% since the company's last earnings release while the stock has drifted higher by 10.0% from its open following the earnings release to be 18.0% above its 200 day moving average of $115.73. Overall earnings estimates have been revised higher since the company's last earnings release. On Monday, August 10, 2020 there was some notable buying of 4,479 contracts of the $135.00 call expiring on Friday, September 18, 2020. Option traders are pricing in a 6.3% move on earnings and the stock has averaged a 7.7% move in recent quarters.

(CLICK HERE FOR THE CHART!)

Sea Limited $126.50

Sea Limited (SE) is confirmed to report earnings at approximately 6:30 AM ET on Tuesday, August 18, 2020. The consensus estimate is for a loss of $0.47 per share on revenue of $1.03 billion and the Earnings Whisper ® number is ($0.36) per share. Investor sentiment going into the company's earnings release has 74% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 34.29% with revenue increasing by 136.16%. Short interest has decreased by 8.5% since the company's last earnings release while the stock has drifted higher by 91.7% from its open following the earnings release to be 98.1% above its 200 day moving average of $63.87. Overall earnings estimates have been revised lower since the company's last earnings release. On Tuesday, August 4, 2020 there was some notable buying of 4,000 contracts of the $110.00 put expiring on Friday, January 15, 2021. Option traders are pricing in a 12.9% move on earnings and the stock has averaged a 16.7% move in recent quarters.

(CLICK HERE FOR THE CHART!)

Niu Technologies $20.82

Niu Technologies (NIU) is confirmed to report earnings at approximately 3:00 AM ET on Monday, August 17, 2020. The consensus earnings estimate is $0.07 per share on revenue of $88.07 million and the Earnings Whisper ® number is $0.11 per share. Investor sentiment going into the company's earnings release has 57% expecting an earnings beat. Consensus estimates are for earnings to decline year-over-year by 30.00% with revenue increasing by 13.97%. Short interest has increased by 18.9% since the company's last earnings release while the stock has drifted higher by 129.8% from its open following the earnings release to be 90.3% above its 200 day moving average of $10.94. Overall earnings estimates have been revised higher since the company's last earnings release. The stock has averaged a 3.7% move on earnings in recent quarters.

(CLICK HERE FOR THE CHART!)

BJ's Wholesale Club, Inc. $41.48

BJ's Wholesale Club, Inc. (BJ) is confirmed to report earnings at approximately 6:45 AM ET on Thursday, August 20, 2020. The consensus earnings estimate is $0.57 per share on revenue of $3.64 billion and the Earnings Whisper ® number is $0.60 per share. Investor sentiment going into the company's earnings release has 73% expecting an earnings beat. Consensus estimates are for year-over-year earnings growth of 46.15% with revenue increasing by 8.79%. Short interest has decreased by 3.2% since the company's last earnings release while the stock has drifted higher by 33.8% from its open following the earnings release to be 46.7% above its 200 day moving average of $28.27. Overall earnings estimates have been revised higher since the company's last earnings release. On Wednesday, August 12, 2020 there was some notable buying of 2,119 contracts of the $50.00 call expiring on Friday, September 18, 2020. Option traders are pricing in a 12.4% move on earnings and the stock has averaged a 10.0% move in recent quarters.

(CLICK HERE FOR THE CHART!)

DISCUSS!

What are you all watching for in this upcoming trading week?
I hope you all have a wonderful weekend and a great trading week ahead smallstreetbets.
submitted by bigbear0083 to smallstreetbets [link] [comments]

Binomial tree option price: American-style (FRM T4-8 ... Binomial Tree Option Pricing FIN 421 Binary Options Trading is Dead. What happened? 😞 - YouTube US Binary Options Brokers: Available Brokers for US Binary Traders Excel binomail tree American Pricing American Options - YouTube Python Data Structures #5: Binary Search Tree (BST) - YouTube

Price an American Option with a Binomial Tree. The Excel spreadsheet is simple to use. Simply enter your parameters and then click the Draw Lattice button. The price of the option is given in the Results box. Additionally, some clever VBA will draw the binomial lattice in the Lattice sheet. The theory behind Binomial trees, and their implementation in Excel, are described in greater detail in ... Binary Tree American Option, studiefinanciering, lavorare da casa per l'estero, forex dekat saya → Name of Robot; Min. Investment; Min. Deposit; Rating; 1:300. I know a few people make an average of 800 dollars + a day with binary options. Trade Stocks, Indexes and/or Currencies We monitor and release alerts for 14 different assets. Apiringtrader. It is our choices . . . that show what we ... American Options (cont’d) •The only difference in the binomial tree occurs at the S dd node, where the stock price is $30.585. The American option at that point is worth $40 – $30.585 = $9.415, its early-exercise value (as opposed to $8.363 if unexercised). The greater value of the option at that node ripples back through the tree If we wanted to take a look at an example that involved actual option pricing, let’s say that you wanted to enter a GPB/JPY binary CALL option with expiry in 2 hours. The strike price of the option (K) is at 140.50 and the current GBP/JPY level is at 142. This implies that the option is more likely than not to expire in the money and hence it will demand a price above 50. If the American option were exercised at time ˝, the payo ... Sholes model (1) by a binomial model, where a binary tree can be used for the computation. Finally, comparison of American, European, and Bermuda options can be used to give another proof of Proposition 2). Another Proof of Proposition 2. To prove Proposition 2, we shall compare the values of the Amer- ican and European puts with ... Pricing various European and American options Pricing barrier options Calculating the greeks More precisely, the students are asked to do the following: 1. Study the trinomial tree and its parameters, pu;pd;pm;u;d 2. Study the method to build the trinomial tree of share prices 3. Study the backward induction algorithms for option pricing on trees 4. Price various options such as European ... American option pricing under random binary tree still uses the backward induction method; the specific calculating steps are as follows. Step 1. On the American option expiry date (the period of the random binary tree), calculating the immediate strike price at each node, this moment American option price is . Step 2. Binary Options vs. Vanilla Options . A vanilla American option gives the holder the right to buy or sell an underlying asset at a specified price on or before the expiration date of the option. A ... Price an American Option Using the Cox-Ross-Rubinstein Binomial Pricing Model. Open Live Script. This example shows how to price an American put option with an exercise price of $50 that matures in 5 months. The current asset price is $52, the risk-free interest rate is 10%, and the volatility is 40%. There is one dividend payment of $2.06 in 3-1/2 months. When specifying the input argument ... Having written about pricing American-style options on a binomial tree in q, I thought it would be instructive to do the same in Python and NumPy. Here is the code: import functools as ft import numpy as np def BPTree(n, S, u, d): r = [np.array([S])] for i in range(n): r.append(np.concatenate((r[-1][:1]*u, r[-1]*d))) return r def…

[index] [22859] [691] [8438] [2624] [1796] [23060] [14259] [11149] [26912] [10958]

Binomial tree option price: American-style (FRM T4-8 ...

Code below... In this video we'll begin by discussing the basics of the Binary Search Tree data structure, and towards the end, we'll move over to a coding e... Pricing American Options I didn't have time to cover this question in the exam review on Friday so here it is. Check Mark's Premium Course: https://price-action-trading.teachable.com/ Check our website: http://www.financial-spread-betting.com/ Please like, subsc... Pricing an American Option: 3 Period Binomial Tree Model - Duration: 14:20. finCampus Lecture Hall 87,675 views. 14:20. Option Pricing with Dividend Adjustment - Pat Obi - Duration: 7:56. ... [My xls is here https://trtl.bz/2DcTVeo ] An American-style option allows for early exercise; therefore, it must be worth more than the equivalent European o... Best Binary Options Strategy 2020 - 2 Minute Strategy LIVE TRAINING! - Duration: 43:42. BLW Online Trading 74,863 views. 43:42. Mix Play all Mix - The Binary Lab YouTube; How to ...

https://binary-optiontrade.ephocgebnea.ga