AZDuffman
AZDuffman
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September 27th, 2016 at 7:13:23 PM permalink
We haven't discussed stock and financial trading here much, and it kind of surprises me. To a large degree, trading (not investing, trading for short term of seconds to months) really does pull from both poker and sports betting. Which brings me to a question to start the topic.

I would like to do some analysis on the S&P 500. Does anyone know a site that would let one compare revenue, profit, debt, and stock price over a few years? My idea is to find stocks that are losing momentum or heading for a fall and get some cheapo long term puts. Sort of like the Brownfield Fund kids in "The Big Short."

Sadly, I probably would need a data feed for this, which would probably wipe out any profit. I could probably pay someone to make a program to do the sorting, which should not be too hard I just have no time for a class to do it.

Has anyone worked with a site that already does this? Or worked with data-feeds? Or even know about setting up an niche site to maybe make it pay for itself?
All animals are equal, but some are more equal than others
MathExtremist
MathExtremist
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September 27th, 2016 at 11:24:34 PM permalink
Have you looked at Quantopian? It lets you create a quant algorithm and then test it on historical data. And then if you like the results, you can fund a trading account and let your algorithm run with that money.
"In my own case, when it seemed to me after a long illness that death was close at hand, I found no little solace in playing constantly at dice." -- Girolamo Cardano, 1563
AZDuffman
AZDuffman
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September 28th, 2016 at 2:07:17 AM permalink
Quote: MathExtremist

Have you looked at Quantopian? It lets you create a quant algorithm and then test it on historical data. And then if you like the results, you can fund a trading account and let your algorithm run with that money.



Never heard of it and will look. But what I really want is not the stock price so much as I want to pull and compare revenue, profit, debt, and stock price. My idea is that the public rarely notices when new revenue is not profitable revenue nor when debt will be hard to service until it is too late.

Where I worked we called it "profit conversion" and the number being too high was also a bad thing since it masked too much profit by mostly cost cutting. And sometimes I wish I paid for the debt report I got in the junk mail that day way back. Ford was one of their big plays, a fortune could have been made.
All animals are equal, but some are more equal than others
Wino
Wino
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September 28th, 2016 at 2:43:43 AM permalink
I believe that markets are highly efficient, meaning that I don't believe in the picking of "winning" stocks is all that possible or reliable over the long-term ie 30+ years. While past performance is not an indicator of future performance. That is why I believe the Actively Managed Mutual Fund industry is a crock.
Wanda Wilcox: “I can’t stand people. I hate them.” Chinaski: “Oh, yeah?” Wanda: “You hate them?” Chinaski: “No, but I seem to feel better when they’re not around.” Barfly, starring Mickey Rourke
AZDuffman
AZDuffman
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September 28th, 2016 at 2:50:03 AM permalink
Quote: Wino

I believe that markets are highly efficient, meaning that I don't believe in the picking of "winning" stocks is all that possible or reliable over the long-term ie 30+ years. While past performance is not an indicator of future performance. That is why I believe the Actively Managed Mutual Fund industry is a crock.



It is very hard to keep a mutual fund profitable since you are required by law to remain invested even if the market is tanking. You think fund managers didn't want to dump in the Panic of 2008?

Hedge Funds, OTOH, are able to keep more profitability, but they are not suitable for most investors.
All animals are equal, but some are more equal than others
odiousgambit
odiousgambit
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September 28th, 2016 at 3:20:01 AM permalink
Quote: AZDuffman

the public rarely notices when new revenue is not profitable revenue nor when debt will be hard to service until it is too late.



Turd in punchbowl role again for me LOL

You are quite wrong, generally speaking, to think that investors [enough of them] don't pay attention to a lot of minutiae. General public: it's herd mentality*, and, sure, you can take advantage of those investors, and that's not rocket science, though you will have competitors.

Maybe you can key in on something that others have missed, but it reminds me of the gamblers who study and study how to beat a casino game, looking for a new wrinkle, but not realizing that every nook and cranny of each and every game has been studied to death, same motive, seeking that weak spot, long before gambler X came along.



*make sure you aren't doing that yourself, sir - LOL
the next time Dame Fortune toys with your heart, your soul and your wallet, raise your glass and praise her thus: “Thanks for nothing, you cold-hearted, evil, damnable, nefarious, low-life, malicious monster from Hell!”   She is, after all, stone deaf. ... Arnold Snyder
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