I was going through old E-mails when I came across a correspondence I wrote to some friends awhile ago. Those of you reading this may be wondering, “what does Matisse have to do with trading?” Let me explain. Investors and traders are creatives. Experienced market players will acknowledge this, but to those who are just breaking in you may not realize it. After all, finance is fraught with imagery of old men in suits, but if you were to stop…
Since day one, Tiingo has been committed to providing you with top quality data that is more accurate than companies charging $30k+ a year. How in the world is a company with a “set your own price” model going to pull this off? Because we’re going to do something unheard of. Presenting the Tiingo Open Data Initiative Sound sexy? No? Good, because clean data should be boring. Except we’re still going to try and make it sexy (we like doing…
A user asked us if we could allow screening for increasing dividends; but, we figured we’d do one better. What if you could screen for the increases and decreases of any metric? Tiingo now allows this in 3 easy steps. Step 1: Create a custom metric To start, visit the custom metrics page here: https://www.tiingo.com/screen/custom Simply enter the metric you want in the “formula” box. In this example we want to see if the dividend increases, so we type: “Dividend_Cash” But we want to see how many times…
When you’re about to purchase a stock, you want to make sure you are getting the best deal you possibly can. Often we’ll compare a company to a couple others, and maybe even try to find out general market conditions. But is that P/E ratio of 18 high or low? Context in markets is everything. For the first time in history, Tiingo now allows you to compare a company across industries, sectors, and benchmarks by letting you see how they…
I’ve seen hedge fund and trader replication ETFs and strategies for some time now and I realized a lot of them are based on 13-F filings.I thought I would go into why these are poor for replication. I hope it’s helpful for some readers out there. And in case I miss something, please feel free to add some more points. I originally made this post on Reddit, but decided to put it here as well for the readers of this…
I know it’s a bold claim to declare this is the most powerful stock screener out there, so I promise to deliver a bold result. This has been one of the most frequently requested features and for months I struggled with ways to tackle this problem. The end result reenvisions the way we approach screeners to one that is beautiful, intuitive, and has features that nobody has ever seen before. To check out the screener right away, visit: http://tiingo.com/screen/o Let’s get…
Alright – so I’m going to hammer on one specific topic that’s been bothering me in the tech scene and that’s just machine learning being thrown everywhere. “Need a t-shirt? Let’s use machine learning to find our different habits and predict our tastes.” Or, you know, you could go to a store and see what appeals to you. OK that’s an exaggeration and going to stores and checking merchandise doesn’t scale across variety the web offers you. But I like…
In this Podcast the following material will help you follow along: Here is a Google Spreadsheet of a backtest where we buy a stock after it falls 5% in 5 days, and then hold the stock for 10 days. The stock is an S&P 500 ETF (SPY). We use this strategy as an example throughout the podcast and here is how you can make one simply using Excel/Gooogle Spreadsheets! Google Spreadsheet of a Sample Backtest Are are some other…
When I started out in finance, and even now, I get bogged down whenever I read certain financial news outlets. Even after years in the industry, it is tough to weed out what’s important and who is credible. That’s why I asked Garrett Baldwin, an esteemed financial journalist, academic and the managing editor of AlphaPages.com, Futures Magazine, Modern Trader, and FinAlternatives to be a guest on the podcast. In this episode, we talk about a variety of topics including Garrett’s journalistic process, holding…
In this episode we cover not only what hedge funds are, but one of the most recently used hedge fund allocation strategies: risk parity. The largest quantitative hedge funds are using this method and it is now presenting some real dangers. We use this example to touch upon how we can skeptically look at performance and also what to beware of with 13F filings. This episode synthesizes everything we’ve learned into a single practical episode. iTunes Link Non-Itunes (tiingo.com)…