Stock Market

[MarthaStewart]

My apologies my friend. I just thought i could add to the discussion. I have ILX and a bloomberg terminal over here.

I'm just being a dick - you can do whatever you want.

I don't think anyone has ILX here my office, but we have a Bloomerberg terminal upstairs.
I'm too lazy to go look at it, and even then, I don't really do anything right now that needs it.

I remember the first time I saw a Bloomberg terminal was at an investment bank in 1998 or so - maybe '97.
Blew my feeble little mind.

If you feel that they will help this discussion - go for it

I am checking out that Thompson Financial site (ILX), hadn't seen that before.

 

[HG Pennypacker]

My apologies my friend. I just thought i could add to the discussion. I have ILX and a bloomberg terminal over here.

I have a Bloomberg terminal as well, except in reality, it's just an adding machine. Maybe that's why I can't get any quotes.

 

[2EZ2BRICH]

Not sure if this will work....here is an idea on what is on the ILX screen. I used ticker: IMH to reference. I can also see options trading, S&P marketscope reports, charts


IMH
L - 14.23 (last trade)
Chg -0.33 (% change from last nights closing)
B 14.23 (Bid)
A 14.26 (ask)
S 4x1 (size
V 407000 (days volume)

M 1:28 (latest news posted )
Opn 14.55
Hi 14.55 Lo 14.20 (for the day)

AH 16.97 (last 52wks)
AL 9.08
LTV 1500 (last trading volume)
Closed 14.56 (previous days)
EPS 1.94
PE 7.34
Div 2.00
Yld 14.05
Ex 7/01/03
Bta 0.55
%Chg -2.27
CE NA
FPE NA
Dow 12:52 (last news posted from dow jones)
Rtr 9:15 ( last news from reuters)
FC 10:15 (last news from first call)
CQT

IMPAC MORTGAGE HOLDINGS INC

 

[2EZ2BRICH]

Oh yeah, I like your making money slowly logic. the days of day trading are over IMO, although i know quite a few that still do.

good post !

 

[MarthaStewart]

For the code that I have been posting the results of up in here, it is just what you can get in and out of in a day, so you would want to look at the opening price and compare it to the high of the day.

(HighPrice-OpenPrice)/OpenPrice

That percent should be higher than .4% according to my code.
IMH is an example of one that doesn't look like it is.

Theoretically it would mean that you get in right at the opening price, and then you watch it and get out once it goes up to or above .4%.

That said, it is hard to do that in a single day and there are many spots where you might see that it is over .4%, but you can't actually sell your shares, or other issues (not being able to get in at that open price).

I have code that predicts for longer time periods, and those are more idea for getting in and out.
But in terms of pointing to things that are going to go up a certain amount, the daily ones make the most sense because you can quickly get feedback that it was right or wrong.

 

[MarthaStewart]

Thanks for reminding me:

ALT
HITK
IGT
IMH
KBH
FCN
GVA

(GVA is probably more questionable on this one since I usually would only show ones that are over an avg volume of 250K)

For those that weren't paying attention, .4% from open to high of the day.
We test this via:
(HighPrice-OpenPrice)/OpenPrice = PercentReturn (well, technically we multiply it by 100 to get a percent)

ALT
0.057142
5.71%
yes

HITK
0.037091
3.71%
yes

IGT
0.005029
0.50%
yes

IMH
nope, down all day after open

KBH
0.018358
1.84%
yes

FCN
0.030493
3.05%
yes

GVA
0.022598
2.26%
yes

So we had 7 stocks, and 6 of them went up enough, 5 of them well over.
6/7 = 86%

And I think it was Matt that was pointing out that if a strategy is being used on a stock, then traders will pick up on the strategy and exploit it.

This is very true, and an excellent point since this is exactly why this works so well. This system doesn't just run once and then give you the algorithm - it retrains itself N times over a given period of time (they all vary - I'm playing with the adjustments on how frequently it needs to be trained - or rather updated).

So basically just a trader, well a good one, will pick up on certain strategies and exploit them, this is doing the exact same thing - and it changes at a rate faster than which anyone can pick up on the strategy.

Also - I keep saying this, but these that I have been demoing are not the best of all of the code - these are just the ones that I am using to show that the low end ones work pretty well and these are easy to show working.
The better ones do more testing than these and therefore make fewer predicitons, but are more likely to be right.

I won't be at work on Thursday or Friday of this week, and I'm not sure that I will be online - esp early enough to post these things.
I'm too lazy to get it setup to automate and post that way... I think - if I can get that working, then maybe they will be up - otherwise, I will be here tomorrow and then off (in terms of stock stuff) until Monday.

 

[jnuts]

I'm too lazy to get it setup to automate and post that way... I think - if I can get that working, then maybe they will be up - otherwise, I will be here tomorrow and then off (in terms of stock stuff) until Monday.

any way to setup an XML page that we could pull from

 

[Crazy Ivan]

Good posts Martha, keep it up!

 

[MarthaStewart]

any way to setup an XML page that we could pull from

yeah - that would actually be pretty easy for this particular thing.

remind me of it again tomorrow and I will setup a script to do that for this script.

then someone else can put it up here while I'm gone.

 

[the nature boy]

good work sizzlechest