Press, News, and Blogs

#TraderTerminology: ►Cyclical Stocks◄ follow cycles of an economy through expansion, peak, recession, and recovery. Normally companies that sell discretionary items which consumers can only afford to buy more of in a booming economy.

#TraderTerminology: ►Market Depth◄ is all of the orders that are contained in the limit order book (Level 2) for a symbol at a given time. Specfically the ability of a symbol to accommodate large orders without moving the price.

#AltData news:
#AlternativeData isn’t just one bucket in our opinion. Rather it is an entire store of buckets including
📁 Social & News Sentiment
📁 Satellite Data
📁 Governmental Reports
📁 Industry reports
📁 Sales data
📁 Vendor Data

#TraderTerminology: ►Modern Portfolio Theory MPT◄ by H Markowitz (Nobel), math framework for assembling a portfolio of assets for max return at given risk. Risk is a func of the variance & correlation of all assets against each other.

#TraderTerminology: ►Bloomberg◄ Micheal Bloomberg's 1981 company after he left Salomen Brothers & before he was mayor of NY. They are famous for the "Bloomberg Terminal" which gives traders access to huge amounts of Trading Information.

#TraderTerminology: ►Artificial Intelligence (AI)◄ In trading, an algo that takes a large number of trading events and lots of processed data, the algo then works out the ideal decisions and makes future trades automatically.

#AI and #MachineLearning News: Highlights and AI Innovation Awards winners at VentureBeat’s AI conference Transform 2019, Why You Don’t Need AI (or do you) and how Hedge funds swamped by alternative data are turning to third party online portals.

#TraderTerminology: ►Correction◄ Generally a drop of >=10% from a recent high (or THE most recent). One can predict, anticipate or react to a correction in many ways. Many things can trigger a correction (news, results, world events).

#TraderTerminology: ►Black-Scholes◄is a differential equation used to solve for European options prices. It assumes heavily traded assets follow a geometric Brownian motion with constant drift and volatility. AKA BSM Black-Scholes-Merton

Why do Data Scientists spend 60-80% of their time dealing with unstructured alternative data?

#AlternativeData #DataScience

Load More...