Investing

Could the trend party in IYR be over? Maybe. A lot of information can be gleaned from observing a price chart, mostly technical information. A lot of traders/investors forget that fundamental and sentiment information also drives prices up or down. Learn Stock Trading, Investing, and Risk Management There are a handful of financial and trading books that have made a HUGE impact on my investments. If you want to trade and learn about money and risk management then I suggest you get the Van Tharp book. If you want just focus on long term investing, get the Random Walk Down Wall Street book. ...

On Friday morning I caught Wallstrip’s chat with Tim Wolters, of Collective Intellect, who uses statistical models to extract knowledge from unstructured data sources. I really enjoyed this episode because it highlights how you can use data mining to create Event Driven Analysis (EDA). Coincidently, I had beers with the Market Doctor last night where he explained to me that part of his PhD thesis was based on EDA. Well that just opened up about an hour of technical discussion as we downed our favorite brews. ...

Good Morning. Yesterday’s currency sell-off triggered several of my buy orders as the EURUSD and GBPUSD pairs dropped through support after support. The end result was that I started to pyramid losses. However, I stuck to my trading plan and planned for a long wild ride. In case any new readers are wondering, I will (re)post my trading plan on this blog later today. Finally, overnight the pairs started to firm up and now my GBPUSD pair is showing a nice profit as it heads back to the magic $2.00 level. The same with my EURUSD position but it’s still underwater at bit. I have confidence that both pairs will climb back to their highs because the my neural trend models continue to show a strong Euro and Pound relative to the dollar. In other words the Euro and Pound’s trend remains up. In fact the signal coming from the Pound is a “STRONG UP!” ...

EWM was good to me in the past, too bad I sold it! Update EWM. What a great ETF for investing into the Asia area. This is one of those emerging market ETF’s that I should’ve held onto for the past 13 years. Once again I’m going to repeat what I wrote about passive investing: diversify, buy low cost mutual funds/ETFs, and dollar cost average. Look at EWM now, trading around $27. It’s not that high as I would’ve liked it to be, especially after 13 years but that’s the risk you take investing. However, price appreciation is just one part of the equation when it comes to making money in the markets long term, the other is yield. ...

My FXI neural net model continues to show an UP trend. Nice to know! :) Update I realize that after 13 some odd years, this one sentence blog post with a FXI chart is very much out of context. This post was a simple confirmation of a model I built for trading/investing in this particular ETF. This was the early days of my learning Data Science and boy was my model wrong from the start. ...