This is an old link from like 2017 and I dug it out for my zettelkasten. DataRobot had already been working on time-series technology, but buying Nutonian accelerates the process and doubles its addressable market, said DataRobot co-founder and CEO Jeremy Achin. He added that about 20% of DataRobot’s existing customers have time series data that they now handle manually, for the most part. That painstaking work is ripe for automation, said Achin who, before co-founding DataRobot five years ago, was director of research and modeling at Travelers Insurance (TRV). - via Fortune ...

A great Medium article from my former colleague Martin Liebig (Schmitz). In this article I would like to show how you can access and change RapidMiner variables (called Macros and are always strings). We will opt for a Groovy script. The advantage of Groovy over the other methods is, that you can access RapidMiner’s objects directly. With the other options you transfer data over into their respective data frames, transform them, and pass them back. Groovy is way more direct in this sense. - Via Medium ...

Now that I’m an active trader again I’m going to restart my semi-daily trading journal. I do this to keep myself sane spot where I make mistakes and learn to correct them. I’m long NVDA and it’s been a rocket to the moon. I got in around $750 and I expect it to hit $900 first before peaking out around $1,000. Traders love round numbers and I’m very wary of them because price action could fail around there. ...

Trade log star date March 1, 2024. Today I opened my first option trade in a long time. Yes, I own the covered call writing ETF’s QYLD and RYLD, but this was my first call option in two decades. Why did I do this? Simple, because “stonks” go up, at least in a strong bull market. There’s such a market euphoria right now that people are blindly throwing money at AMD, NVDA, and host of other shit related AI stocks that there are new all-time highs being made daily. ...

Is NVDA peaking? From today’s chart, it looks like it made a hammer on lower volume, so your guess is as good as any despite what CEO Jensen Haung thinks. Sure NVIDIA’s guidance is rosy and very positive, they believe that this trend will continue for the next 5 years at least! My question is, are you surprised by his sentiment? I mean everyone is upgrading the stock to crazy price targets because NVIDIA had a blowout quarter, of course, this will continue ad infinitum. Everything is awesome until one day it isn’t anymore. ...

There are a few rules I follow religiously if I’m focusing on trading a short term horizon. I always sell half when I had an amazing run and let the other half run, and I always reduce risk right befor a stock’s earning call; even if the call is expected to be good. I ended up closing all my NVDA positions on Tuesday. In the case of NVDA’s earnings yesterday, all evidence was pointing to a great earnings call and they delievered. NVDA earnings beat everything forecasted and they gave some strong guidance for the quarter ahead. As I write this post, it’s trading up almost $100 in the pre-market. ...

I think the AI hype is catching up with momentum and trend traders. Everyone was (is) looking for the next best NVDA opportunity so they latched onto SMCI. Honesty, I have no idea what SMCI does but the market gossip/chatter was that it does “AI” and is into computer hardware. SMCI came across one of my “all time high after market close” scanners and I checked it out. It was doing pretty well before the “AI bros” got a hold of it and then it went price parabolic. It was going “to the moon” because people thought it had something to do with AI. Hint: It doesn’t. ...

According to this article, the United Kingdom (UK) and Japan are technically in a recession. They’re estimating a second quarter of contraction in late 2023, which is considered a recession. Tik tok, the party is growing late and it’s almost time to go home and nurse a hangover. Remember when I wrote “The Recession is Canceled! Party On!” and “The Magnificent Seven Stocks & Their Pending Crash”? Things have gone to high for too long and we’re way overdue for a correction. If a recession is coming for Europe, damn straight it’ll come for us. ...

Here’s one from the “if it has AI inside, it’s going to the moon” file. SMCI hit an all time high yesterday after hitting successive all time highs. It’s going to open probably higher than its close at $880.55 yesterday, but is it still a buy? According to Yahoo Finance it might be: On the other hand, it’s possible that the company is still in the early stages of benefiting from powerful long-term demand tailwinds thanks to AI. With Supermicro valued at roughly $49 billion, the stock could still have big upside potential if artificial intelligence continues to power rapid sales and earnings growth. Shares have become riskier and could be volatile, but the stars could be aligning for the company to continue crushing expectations. ...

I came across the biggest red flag I’ve seen in a long time on Yahoo Finance this morning. Bullish investors drop recession calls for the first time since April 2022. Oh, for F’s sake. This is the first time since April 2022 that fund managers have dropped their calls for recession, the survey showed. “Expectations for strong macro and no recession keep investors in the “soft landing” camp at 65%, with “hard landing” probability fading to just 11%,” BofA said. ...