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On Slack: A Paradox, Calling Bullshit, Early Signs of El Nino, Finance Theory on Fed Hikes, Narrow Range Day, Salad-Making Robots, Shale Oil and more….

On Slack: A Paradox, Calling Bullshit, Early Signs of El Nino, Finance Theory on Fed Hikes, Narrow Range Day, Salad-Making Robots, Shale Oil and more….

Aakash Agarwal4 min read
Quick Facts
What is "On Slack: A Paradox, Calling Bullshit, Early Signs of El Nino, Finance Theory on Fed Hikes, Narrow Range Day, Salad-Making Robots, Shale Oil and more…." about?
What category is this article in?
General
Who wrote this article?
Aakash Agarwal, Capitalmind's research team.
When was this article published?
Published 14 March 2017.
How long does this article take to read?
4 min read
What topics does this article cover?
Slack Discussions
What does the "#general: Narrow Range Day NR7" section say?
Narrow range patterns come from Tony Crabbel's book, ” Day Trading with Short Term Price Patterns & Opening Range Breakout”. Even though the book, which was published in 1990, is currently out of print, many of its ideas are still effective. Stock Charts
What does the "#macronomics: Early signs of El Nino this year, warn forecasters" section say?
In what could spell bad news for this year's monsoon, international weather agencies have begun predicting an El Nino event in the second half of 2017. The latest update, from US state agency NOAA and its funded institutions this week, gives a 50-55% chance of an El Nino forming from July onwards. Times of India
What does the "#fx-commodities: Massive oil discovery in Alaska is biggest onshore find in 30 years" section say?
Some 1.2 billion barrels of oil have been discovered in Alaska, marking the biggest onshore discovery in the U.S. in three decades. CNN Money
What does the "#macronomics: IIP rises 2.7% in January, shrugging off demonetisation impact" section say?
Data released by the Central Statistics Office showed the index of industrial production (IIP) rose 2.7% in January after contracting by 0.4% in December. Livemint
What does the "#general: Calling Bullshit" section say?
The world is awash in bullshit. Politicians are unconstrained by facts. Science is conducted by press release. Higher education rewards bullshit over analytic thought. Startup culture elevates bullshit to high art. Calling Bullshit
What does the "#fx-commodities: The Break Even Cost For Shale Oil" section say?
As Art pointed out in his article, there are oil wells in the Bakken that probably break even when the price of West Texas Intermediate (WTI) is $30/bbl. That's because the break-even price is largely a function of the cost to drill and complete the well and the amount of oil that is ultimately recovered from the well. Forbes
What does the "#general: Why developers prefer investors as project riders?" section say?
Developers prefer investors as project riders because the investors are least interested about timelines and quality. Track 2 Reality
What does the "#general: Getting Rich vs. Staying Rich" section say?
Collaborative Fund
What does the "#general: Let Me Convince You To Save Money" section say?
The first idea – simple but easy to overlook – is that building wealth has little to do with your income or investment returns, and lots to do with your savings rate. Collaborative Fund https://youtu.be/K-vW9ByuXTE
What does the "#general: Nifty heading towards Life High after Historic Election Win" section say?
Bramesh Technical Analysis
What does the "#stocks: Mphasis gets shareholder nod to buy back 1.73 crore shares" section say?
The proposal to buy back 1,73,70,078 equity shares at a price not exceeding Rs 635 per share has been approved by shareholders, the company stated in the voting results on the proposal, in a BSE filing today. Economic Times
What does the "#macronomics: Markets Defy Finance Theory on Fed Hikes" section say?
Investors seem to believe that economic data is giving the Fed the green light based on the implied probabilities for a rate hike. Bloomberg
What does the "#general: BJP win-effect: Market rally may not match the sentiment surge" section say?
The landslide victory of the BJP in Uttar Pradesh and Uttarakhand will bolster the already upbeat sentiment in the stock market. Foreign and domestic investors who have been supporting the market rally will interpret the win as an indication that economic policy reforms will get an impetus. The Hindu Business Line
What does the "#general: Modi favourite for 2019 Lok Sabha elections: US experts" section say?
Prime Minister Narendra Modi has emerged as a clear favourite for the 2019 general elections after the BJP's landslide victory in assembly elections in Uttar Pradesh and Uttarakhand, top US experts on India have said. Times of India
What does the "#general-from the past: Demonetization - Equal opportunity for every Indian!" section say?
Equity Intelligence
What does the "#stocks: Marathon Nextgen up by nearly 19% on buyback proposal" section say?
The stock touched high of Rs 266 per share, up by Rs 42 per share or 18.98% on an intraday basis. The stock started rallying after the buyback proposal was announced. India Infoline Love it or hate it, do leave us with your reviews in the comment section below!

Slack is where the daily action happens. We take pride in our diverse and always helpful member community which includes value investors, fund managers, and professional traders. Here is a brief summary of some of the interesting things discussed there in the last few days. Find all older ones here.

#general: Narrow Range Day NR7

Narrow range patterns come from Tony Crabbel’s book, ” Day Trading with Short Term Price Patterns & Opening Range Breakout”. Even though the book, which was published in 1990, is currently out of print, many of its ideas are still effective. Stock Charts

#macronomics: Early signs of El Nino this year, warn forecasters

In what could spell bad news for this year’s monsoon, international weather agencies have begun predicting an El Nino event in the second half of 2017. The latest update, from US state agency NOAA and its funded institutions this week, gives a 50-55% chance of an El Nino forming from July onwards. Times of India

#fx-commodities: Massive oil discovery in Alaska is biggest onshore find in 30 years

Some 1.2 billion barrels of oil have been discovered in Alaska, marking the biggest onshore discovery in the U.S. in three decades. CNN Money

Chowbotics raises $5 million for salad-making robots named Sally, of course https://t.co/ZdvjRpEN3a

— TechCrunch (@TechCrunch) March 10, 2017

#macronomics: IIP rises 2.7% in January, shrugging off demonetisation impact

Data released by the Central Statistics Office showed the index of industrial production (IIP) rose 2.7% in January after contracting by 0.4% in December. Livemint

#general: Calling Bullshit

The world is awash in bullshit. Politicians are unconstrained by facts. Science is conducted by press release. Higher education rewards bullshit over analytic thought. Startup culture elevates bullshit to high art. Calling Bullshit

#fx-commodities: The Break Even Cost For Shale Oil

As Art pointed out in his article, there are oil wells in the Bakken that probably break even when the price of West Texas Intermediate (WTI) is $30/bbl. That’s because the break-even price is largely a function of the cost to drill and complete the well and the amount of oil that is ultimately recovered from the well. Forbes

Good companies can be badly managed & bad companies can be good investments. A paradox that pricing explains! https://t.co/o1P9WUfFTR pic.twitter.com/a9nLLo8mxI

— Aswath Damodaran (@AswathDamodaran) March 9, 2017

#general: Why developers prefer investors as project riders?

Developers prefer investors as project riders because the investors are least interested about timelines and quality. Track 2 Reality

#general: Getting Rich vs. Staying Rich

Collaborative Fund

#general: Let Me Convince You To Save Money

The first idea – simple but easy to overlook – is that building wealth has little to do with your income or investment returns, and lots to do with your savings rate. Collaborative Fund

https://youtu.be/K-vW9ByuXTE

#general: Nifty heading towards Life High after Historic Election Win

Bramesh Technical Analysis

#stocks: Mphasis gets shareholder nod to buy back 1.73 crore shares

The proposal to buy back 1,73,70,078 equity shares at a price not exceeding Rs 635 per share has been approved by shareholders, the company stated in the voting results on the proposal, in a BSE filing today. Economic Times

#macronomics: Markets Defy Finance Theory on Fed Hikes

Investors seem to believe that economic data is giving the Fed the green light based on the implied probabilities for a rate hike. Bloomberg

#general: BJP win-effect: Market rally may not match the sentiment surge

The landslide victory of the BJP in Uttar Pradesh and Uttarakhand will bolster the already upbeat sentiment in the stock market. Foreign and domestic investors who have been supporting the market rally will interpret the win as an indication that economic policy reforms will get an impetus. The Hindu Business Line

#general: Modi favourite for 2019 Lok Sabha elections: US experts

Prime Minister Narendra Modi has emerged as a clear favourite for the 2019 general elections after the BJP’s landslide victory in assembly elections in Uttar Pradesh and Uttarakhand, top US experts on India have said. Times of India

#general-from the past: Demonetization - Equal opportunity for every Indian!

Equity Intelligence

#stocks: Marathon Nextgen up by nearly 19% on buyback proposal

The stock touched high of Rs 266 per share, up by Rs 42 per share or 18.98% on an intraday basis. The stock started rallying after the buyback proposal was announced. India Infoline

Love it or hate it, do leave us with your reviews in the comment section below!

Tagged:Slack Discussions