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I appreciate the effort, especially the free tier only approach, but... my framework for data collection and reporting: what behavior, if any, do I expect to ha
by jldugger 7y ago
I appreciate the effort, especially the free tier only approach, but... my framework for data collection and reporting: what behavior, if any, do I expect to happen as a result of data? If the answer is none, there is no point in the email / report / pagerduty alert.
> The idea is for the mailing list to go out every weekday before the market opens so you can be informed enough to decide if it’s worth paying close attention to the market on any given day and make some moves.
Looks like the behaviors this information is intended to induce is:
1. Gather more data more frequently (reload WSJ / Y! finance? front page?)
2. Make more trades ("Buy High, Sell Low")
If SP500 futures moving but markets are closed, what action could you possibly undertake profitably? Market open is a special auction you can't really arbitrage like that, so you'd be hoping for intraday moves? Are these the behaviors you _want_ to be inducing? Should retail investors be making trades during times of high volatility?
I suspect no; retail investors will buy into rallies and sell into slumps, exactly the behavior Bullish's tagline mocks.
- blakbelt78 7y agoThe point is for average investors not day traders to get an uncluttered view of the market before it opens so they can have an idea if a possible big swing is happening on any given day. I find it useful in my use case since email is the first thing I check in the morning.
- jldugger 7y agoOkay, you read the email and think it says 'maybe a big swing'. what do you do?
- blakbelt78 7y agoThen it's up to you. You can buy the dip, sell whatever.
- sitzkrieg 7y agobut timing the market is not of investors interest so this seems conflicting
- snomad 7y agoTo your point, think the email should at least have major technical indicators / events. e.g. S&P fell below 50 MDA, withing friday, etc.