Category Archives: Stock News and Tips

Stock News and Tips

Quant analysis: Why would a quant trader would not want to enter into Brazil for market opportunities?

Quant analysis:

Why would a quant trader would not want to enter into Brazil for market opportunities?

With the current economic situation in Brazil, countless opportunities are being generated in the Brazilian market, both for companies and professionals. Companies in most sectors are growing steadily, while more and more employment opportunities are open everyday.

In this climate, J & P Emerging Enterprises enters the market bringing deep knowledge in business development and career consulting to prepare foreign companies, investors and professionals to get the most out of these opportunities, devising a strategic plan according to each case analysis, aiming to explore the best of what’s in the market for each specific scenario.
Brazil is one of the fastest-growing major economies in the world, having its GDP Growth in the second quarter of 2010 increase 8.8% from the same quarter in 2009, and with the GDP expected to stay at 5.9% for the next 5 years, with the help of the World Cup in 2014, Olympic Games in 2016, and PAC 2 (which is a government funded growth acceleration program). The Brazilian Administration is also planning to boost private sector long-term financing with a goal of reaching 19.1% of GDP by 2010-2011.

Brazil has abundant and well-developed agricultural, mining, manufacturing, and service sectors. In 2008, Brazil became a net external creditor and two ratings agencies awarded investment grade status to its debt. Consumer confidence has been steadily rising due to Brazil’s per capital GDP which has increased 17.8% from R$13,931 in 2003 to R$16, 414 in 2009.

Billions of dollars of foreign capital are being invested into Brazil. From now until after 2016 when the Olympics will be held in Rio de Janeiro, direct foreign investment into Brazil should increase steadily and is expected to reach a total of US$33 billion for 2010 and 2011.

In 2008, 34 Brazilian companies were listed on the Forbes Global 2000 list: Petrobras which is involved in the Oil & Gas sector ranked #8 in the world, Vale which operates within the mining sector ranked #49 worldwide, and Brazilian Banking giant Banco Bradesco placed #81 in the world, just to name a few.

The service sector is the largest component of GDP at 66.8%, followed by the industrial sector at 29.7% (2007 est.). Agriculture represents 3.5% of GDP (2008 est.). Brazilian labor force is estimated at 100.77 million of which 10% is occupied in agriculture, 19% in the industry sector and 71% in the service sector.

All these factors make Brazil an extremely attractive market for foreign companies attempting to expand their reach, which is why direct foreign investment into Brazil has increased in billions of dollars for the past couple of years, hundreds of foreign companies are taking advantage of the tremendous market opportunities, and thousands of foreign professionals are looking for placement in the country.

http://jpemergingenterprises.com/home.html

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JP Morgan accused and now being sued for silver price manipulation

JP Morgan accused and now being sued for silver price manipulation

This was posted in a Linked In Group:

We have been approached by a leading New York City law firm that is bringing a class action case against JP Morgan regarding Silver price manipulation.

Send me a message if you have traded silver between March 2008 and March 2010 (even just one trade) and have it documented so we can put you in direct touch with the lawyers who are handling the case to evaluate your potential position.

Please look at this Reuters news piece for more information on the case:
http://www.reuters.com/article/idAFN2725907120101027

Strange??

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On CNBC Video Interview: Claims of how Wall Street is rigged!

On CNBC Video Interview: Claims of how Wall Street is rigged!
Irene Aldridge discusses the latest investment techniques that work on Wall Street, as well as the newest likely regulatory reforms by the SEC on The Call with Larry Kudlow, Melissa Francis and Trish Regan: “Technical analysis is the 1920s technology. Quantitative investing methods are now available to everyone, no PhD required.”
http://www.irenealdridge.com/irene-aldridge-on-cnbc-is-wall-street-rigged/

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Are some of these the best Forex resources availabe online?

Let me know what you think of these each below:

http://michael.mt4live.com/

http://www.forexfactory.com/

http://www.donnaforex.com/manual-systems/

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Who knew? Agriculture and farming are the leading sectors for any American recovery?

Who knew? Agriculture and farming are the leading sectors for any American recovery?

This is in places like North or South Dakota, Kansasm Wyoming, etc. Who knew?

http://www.bloomberg.com/news/2010-11-22/record-u-s-exports-from-farms-reflect-midwest-boom-with-3-7-unemployment.html

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Here the best 10 social sources for traders, quant, and high frequency system developers

Here the best 10 social sources for traders, quant, and high frequency system developers
Here are some highlights:
Stocktwits
A spin off from Twitter, this financial micro-blogging site lets newbies learn from the pro’s.  Join in the conversations or just watch and learn.  Tweets you see in your Twitter stream with the $ tag generally has been posted from the StockTwits network
Twitter
Too many people still think Twitter is about updating friends on what you ate for dinner. In fact, it serves as a valuable resource for traders. Twitter can track useful market information, educational seminars, events, trading opportunities, and all manner of industry news
Profit.ly
“Share your trades with the world” Profit.ly is a unique website that is changing the online trader’s community. Trades posted are all completely transparent as all trades have to be verified via your broker
Stock.ly helps users find the most relevant, timely, and focused financial content in real time. The new content/user ranking system means the most popular submitted blogs are pushed to the top of the newsfeed.  A great site to research stock information and industry news.
Trade2Win Forum
An active trading community and a great resource for beginners.  Trade2Win has plenty of helpful experienced traders to answer your trading questions. Participate actively or just browse, there is something for everyone here.
Linked In
The ‘Facebook’ for professionals, the LinkedIn Groups feature is an invaluable tool to mix and mingle with your peers.  Ask questions, answer questions, get connected to others in your industry.  From technical analysis to fundamental investment method’s, there is a trading and investing related group for nearly every topic and interest you can think of.
TradeStation Forums
If you are using the TradeStation platform and EasyLanguage coding language, this forum is a must.  There is a discussion for everyone, from EasyLanguage tips & tricks to trading psychology and money management techniques.
:LinkedFA
A very new site for Financial & Insurance Professional and Investors.  LinkedFA takes social networking and industry regulations very seriously and is fully compliant with FINRA regulations.  It is still in its Beta phase and we will be watching out for this site in the future.
Trading Hive
Another new online trading network, this time aimed at the New Zealand community of traders.  In Trading Hive you can discuss trade setups, share trading videos, enter a live chat room, comment on a forum, start a blog.  Lot’s to do.  Still very new so not much activity going on but we are impressed with what we see so far.
Investimionials
We can’t recommend this site enough, with all the financial related products out there, how do you know which products are worth using and which ones to avoid?  Investimonials mission: “To help people discover the best financial products, increasing both their knowledge and wealth”.  Members submit reviews and discuss products on the forums and get rewarded for their honesty.  Discover products you never knew about and share your experiences with products you have used in the past.  DVD’s, software, books, banks, brokers, newsletters and more.  Before your next purchase, do your research at Investimonials first.  Review Advantage Trading Systems at http://www.investimonials.com/software/reviews-advantage-trading-systems.aspx.
Thankfully sourced from:
http://advantagetradingsystems.com/trading/top-10-recommended-social-networking-sites-for-traders-and-investors/?goback=.gde_1813979_member_35458435

Here the best 10 social sources for traders, quant, and high frequency system developersHere are some highlights: StocktwitsA spin off from Twitter, this financial micro-blogging site lets newbies learn from the pro’s.  Join in the conversations or just watch and learn.  Tweets you see in your Twitter stream with the $ tag generally has been posted from the StockTwits network

TwitterToo many people still think Twitter is about updating friends on what you ate for dinner. In fact, it serves as a valuable resource for traders. Twitter can track useful market information, educational seminars, events, trading opportunities, and all manner of industry news
Profit.ly“Share your trades with the world” Profit.ly is a unique website that is changing the online trader’s community. Trades posted are all completely transparent as all trades have to be verified via your broker
Stock.ly helps users find the most relevant, timely, and focused financial content in real time. The new content/user ranking system means the most popular submitted blogs are pushed to the top of the newsfeed.  A great site to research stock information and industry news.Trade2Win ForumAn active trading community and a great resource for beginners.  Trade2Win has plenty of helpful experienced traders to answer your trading questions. Participate actively or just browse, there is something for everyone here.Linked InThe ‘Facebook’ for professionals, the LinkedIn Groups feature is an invaluable tool to mix and mingle with your peers.  Ask questions, answer questions, get connected to others in your industry.  From technical analysis to fundamental investment method’s, there is a trading and investing related group for nearly every topic and interest you can think of.
TradeStation Forums If you are using the TradeStation platform and EasyLanguage coding language, this forum is a must.  There is a discussion for everyone, from EasyLanguage tips & tricks to trading psychology and money management techniques.:LinkedFAA very new site for Financial & Insurance Professional and Investors.  LinkedFA takes social networking and industry regulations very seriously and is fully compliant with FINRA regulations.  It is still in its Beta phase and we will be watching out for this site in the future.
Trading HiveAnother new online trading network, this time aimed at the New Zealand community of traders.  In Trading Hive you can discuss trade setups, share trading videos, enter a live chat room, comment on a forum, start a blog.  Lot’s to do.  Still very new so not much activity going on but we are impressed with what we see so far.
InvestimionialsWe can’t recommend this site enough, with all the financial related products out there, how do you know which products are worth using and which ones to avoid?  Investimonials mission: “To help people discover the best financial products, increasing both their knowledge and wealth”.  Members submit reviews and discuss products on the forums and get rewarded for their honesty.  Discover products you never knew about and share your experiences with products you have used in the past.  DVD’s, software, books, banks, brokers, newsletters and more.  Before your next purchase, do your research at Investimonials first.  Review Advantage Trading Systems at http://www.investimonials.com/software/reviews-advantage-trading-systems.aspx.Thankfully sourced from: http://advantagetradingsystems.com/trading/top-10-recommended-social-networking-sites-for-traders-and-investors/?goback=.gde_1813979_member_35458435

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Why you would use Tick Zoom over something like MetaTrader?

Why you would use Tick Zoom over something like MetaTrader?

Someone posted this on Linked In:

The one I use for trading was built in-house because nothing else met our needs for “hands-free” automated trading with fast tick/bar testing, nested portfolios, and hundreds of strategies running in parallel. Over the past 18 months, 3 other medium institutions funded adding more capabilities to TickZoom for their needs including multiple nested portfolios, thousands of parallel strategies, FIX support, custom/dynamic bars, and so on. One institution has in-house developers who have extended it themselves with other capabilities since it’s mostly open source.

Ninja was a nice system and the last one that I used before starting my own. It’s only weakness for myself was the poor performance with tick data in historical testing and lots of room for improvement with handling of orders. In TZ, for example, order flow is totally automated so strategies never deal with tracking order, partial fills, cancel/replace, etc. Also in 6.5. it didn’t synchronize with the account automatically after any disconnection. Hopefully they fixed that in 7. The biggest problem was our lack of control to get features added that we consider “must haves”.

In contrast, the TickZoom business model allows your licensing fees to fund “shaping” the product to suit your specific needs. Of course, that only works well if it mostly suits your needs already.

Plus with TickZoom you get source code that includes a plugin architecture so it’s convenient to alter or extend functionality yourself if you have the skills in-house to do that.

By the way, we really admire the GUI in Ninja which is lacking in TZ. But is a fancy GUI necessary for automated trading? We only need high-speed charting. Configuration is done in TickZoom via config files. So Ninja with the GUI is better suited to consumers.

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SEC orders Hedge Funds and Private Equity to open their books. Prop shops last bastion of hope for quants?

SEC orders Hedge Funds and Private Equity to open their books. Prop shops last bastion of hope for quants?

he Securities and Exchange Commission voted 4-1 Friday to subject many hedge funds and private-equity funds to new scrutiny, including surprise inspections. Hedge-fund managers with assets over $100 million would be required to register with the agency under this proposal.
The new rule, which is expected to be finalized before July 2011, is authorized under the recent Dodd-Frank financial reform legislation. “The enhanced information,” SEC Chairwoman Mary Schapiro said, “will better enable regulators and the investing public to assess the risk profile of an investment adviser and its funds.”

Lisa Swan, a former senior new media editor at the New York Daily News, is a columnist for The Faster Times and a blogger for Subway Squawkers. Her work has also appeared in Yahoo Sports, Huffington Post, Heater Magazine, and the upcoming book Graphical Player 2011.

http://compliancex.typepad.com/compliancex/2010/11/sec-wants-hedge-funds-to-open-their-books.html

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Is it Time to Sell Gold? Stupid?

The dollar can come and go, but gold won’t. The purchasing power of an ounce of gold has been pretty much constant for generations – whereas the same can certainly not be said for the dollar.
One of the better arguments for the backing of the dollar that I’ve heard recently, is that it is backed by the work and entrepreneurialism of the American people. There’s some truth in that. Basically if they keep working hard and handing over the fruits of their labour to the government, there is something of value backing the dollar.

I’m just not sure that those hard-working American people really agreed to have their futures – and that of their sons and daughters and grandchildren – mortgaged in this way by a small subset of politicians and banksters. Maybe it was like the sub-prime mortgage borrowers who didn’t really understand what they were getting into. Cheap and plentiful short term money trumped long term prudence. And we all know how that ended up. Now we are just seeing a much expanded version of it.

I’m far from convinced that investing in the dollar is good business. If it were a case of supporting a stock of a company where the management were borrowing to the hilt for short term fun, while treating stakeholders reprehensibly and not giving a damn about the future, there would also be an ethical argument against getting involved. And I don’t see why governments should be treated any differently than companies. Abuse of the American people is not something I want to get involved in, any more than I would support abuse of cheap labour in Asian shoe factories.

Now I know this may be hard to swallow for people who have valued everything in one reference currency – be it dollars, or pounds or something else – for their entire lives. It is quite a leap of thinking. But it’s totally possible. You need to become a Sovereign Individual, not reliant on any particular country or currency. You need to think in different currencies and look at all currencies, including the one in common circulation in your home country, from the perspective of an outsider. If you were from another country, would you be investing in that currency right now?

The Dollar Bear Market Continues

With that in perspective (that I value currencies against gold, not the other way around) let’s get back to the reader’s question. I don’t see so much of a gold bull market right now, as a dollar and euro bear market. My personal view (and there’s no substitute for taking professional advice here) is that this situation will continue as is for the foreseeable future.

Wild swings are caused by day to day speculations, but don’t affect the overall trend. So to turn it around, I believe the price of gold valued in fiat money will continue to rise, and will do so significantly. The more Quantitative Easing that takes place, the less the dollar will be worth. This is what I have written about in the past: stealth devaluation. If there’s more of something, it’s worth less. This logic is hard to argue with.

You can read more at http://www.qwealthreport.com/blog/is-it-time-to-sell-gold/

The above was posted on Linked In. I say that is stupid!

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Is China about to burn and crash after their huge The Shanghai Composite plunge? 5.2% on Friday alone?

Is China about burn and crash after their huge The Shanghai Composite plunge? 5.2% on Friday alone?

Some highlighted points to consider:

And Chris Carolan’s 30 years of technical analysis experience keeps paying off for his subscribers.

Case in point: The Shanghai Composite cratered 5.2% on Friday — the biggest one day drop in China’s benchmark index in 14 months. The Shenzhen Composite lost a whopping 6.1%.

Here are two of Chris’s forecasts for the Shanghai from earlier in the week:

“Prices…are generating repeated bearish RSI divergences. We should expect a…top now.”

Asian-Pacific Short Term Update, Nov. 9

“We are looking for a reversal now…”

Asian-Pacific Short Term Update, Nov. 11

Of course, the widely reported “reason” for the big drop in China’s shares is the talk about China raising interest rates. Marketwatch quotes Wu Dazhong of Shenyin Wanguo Securities in China:

“Investors are in a rush to lock in profits as they are concerned that [China’s] central bank may launch more tightening measures over the weekend.”

Here’s how a few other markets fared Friday:

  • Hong Kong’s Hang Seng declined 1.9%
  • Japan’s Nikkei sank 1.4%
  • Taiwan’s Taiex dropped 1.4%

http://www.elliottwave.com/freeupdates/archives/2010/11/12/China-Stocks-Fall-Hard–Down-for-the-Count.aspx?goback=.gde_1822910_member_35257588

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