Recent Posts
Interesting Algo Trading Links
Monday, November 14, 2011
Sunday, November 13, 2011
Macke Meltdown
Jeff Macke's epic meltdown on CNBC is a classic!
Friday, November 11, 2011
Fading Cramer
Institutional traders are shorting Cramers picks, according to this study.
"Taken together, our results suggest that the aggregate losers in our event study are the Mad Money viewers who decide to buy the recommended securities when the markets open the following day, and that the winners are the market makers and arbitraguers [sic] who sell the overpriced recommended stocks on day 1, as well as the traders who sell the recommended stocks on days 2 through 12.
Individual investors who watch Mad Money would be wise to wait before purchasing the small stocks Cramer recommends, as these stocks tend to fall to their original levels following the overnight price spike caused by his recommendation."
"Taken together, our results suggest that the aggregate losers in our event study are the Mad Money viewers who decide to buy the recommended securities when the markets open the following day, and that the winners are the market makers and arbitraguers [sic] who sell the overpriced recommended stocks on day 1, as well as the traders who sell the recommended stocks on days 2 through 12.
Individual investors who watch Mad Money would be wise to wait before purchasing the small stocks Cramer recommends, as these stocks tend to fall to their original levels following the overnight price spike caused by his recommendation."
Thursday, November 10, 2011
Wednesday, November 9, 2011
An Introduction
Hello,
I am a veteran videogame programmer and studio executive who after 15 years decided to retire and pursue my new passion: Algorithmic Trading.
I've created a main journal/blog at www.algodude.com where I discuss my systems, their live performance, and the nuts and bolts of system development. I'll link posts here to my main blog from time to time for interested individuals who haven't yet discovered it.
Thanks very much for stopping by!
{algodude}
I am a veteran videogame programmer and studio executive who after 15 years decided to retire and pursue my new passion: Algorithmic Trading.
I've created a main journal/blog at www.algodude.com where I discuss my systems, their live performance, and the nuts and bolts of system development. I'll link posts here to my main blog from time to time for interested individuals who haven't yet discovered it.
Thanks very much for stopping by!
{algodude}
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