Paraphrasing @tusharbohra on @IIC_Conference today ::

"If 10 commodity companies are doing capex at the same time, it signals a peak. If 10 companies in Chemicals/API/Pharma are doing capex in different products at the same time - it probably signals the start of a New Era" 🇮🇳🇮🇳

Remember: Just because an idea is old doesn't mean it's good.

Knowing whether old ideas are more likely to be good requires understanding whether conditions have changed in important ways.

Horse archery was an amazing method of warfare for over a thousand years...then people invented guns, and suddenly this great idea that had stood the test of time became obsolete.

Then again, when underlying conditions don't change much, tried-and-true approaches are probably better.

"Learning the lessons of history" usually just means assuming ergodicity and stationarity in an informal time-series model...

(end)

FEW USEFUL CHARTINK SCANNERS :

This Scanner will be More than Enough for any Swing / Positional Trader to find Good Stocks.

Few Important Chart ink Scanners which can help you to find Setups and boost up your Trading Account : 🧵

Do Retweet If you If it Useful

1. Momentum Stocks

This Scanner can be helpful for Short term Swing Trades . you can easily find Stocks which are in Momentum.

Stocks which are up by 20 % in 5 Days
Stocks which are up by 30 % in 30 Days
Stocks which are up by 30 % in 30 Days

2. Volume Spike

We always Look for Price and Volume Confirmation for Breakout Trading. This scanner will help you to find the Stocks Which has given a move with Good Volume . You can keep this Stock in Radar and catch the Next move in them :

3 . Reversal Scan

Stocks which are Down by 20 % + in 5 days

When Market Corrects for sometime , You can find Stocks where selling is Exhausted and they can make a Good Reversal move .

4. Reversal Scan - Stock Down continues 5 days .

If you Know the Concept of 3-5 Days move . you might catch few stocks from this scanner. Always try and Pick stocks which are in strong momentum , you have more Chances of Getting Right in Reversal Trade.

(THREAD) The Whitaker scandal is deepening, as it becomes clear that Sessions' Russia recusal was a coordinated sham and his firing an act of obstruction—and that his replacement is a White House plant inside the Mueller probe. I hope you'll retweet and read on for more details.

1/ From 2014-17 Whitaker worked for World Patent Marketing—which during his tenure defrauded consumers out of $26 million and was successfully prosecuted by the feds. His involvement in the scam confirmed he had loose morals and that the feds would never want to employ him again.

2/ Despite the seeming impossibility of a man with Whitaker's background getting a job at Justice ever again—he'd been found to have used his former title as a US attorney to fraudulently threaten consumers with valid complaints with criminal penalties—Whitaker found an opening.

3/ Within 60 days of parachuting out of World Patent Marketing as it was being fined $26 million by the feds, Whitaker was working for CNN and telling a fellow attorney panelist that his purpose in working for CNN was to get noticed by one man—Donald Trump—and thereby get a job.

4/ Whitaker spent his time at CNN making ludicrous statements about the Mueller probe: there was no obstruction or collusion, he said; Mueller had no authority to look into any aspect of Trump's finances or to subpoena him, he said. All the while, he hoped Trump was watching him.

Light travels at about 1 foot per nanosecond.

Hold your hand up 12 inches from your face: you’re seeing your hand as it was a nanosecond ago. Everything you look at is, to one degree or another, in the past. The farther away in space, the more ancient in time.

You can’t see the Sun as it is now, but you can see it as it was about 8 minutes ago. You can’t see Alpha Centauri now, but you can see it 4.4 years ago. You can see the Andromeda Galaxy as it was 2.5 million years in the past. And so on.

With powerful telescopes, we can see galaxies whose light has been traveling to us for more than 13 billion years. We see them shining in a universe that’s still young, where gravity has just begun to pull matter together into stars and galaxies.

We can see something even more distant, and more ancient, than the first galaxies. If we peer out far enough, in between the galaxies, we can see parts of the Universe that are so far away, it has taken the light from that distance almost the entire age of the cosmos to reach us.