Trading News Today


 

In today’s post we’ll update the top 6 economic indicators as of mid May 2017.

All of the 6 indicators remain green for this month.

April COMP data growth indicator means SMA trigger warning weakness

 

The below cartoon will go down as one of the preeminent pieces of iconography of the current era.

Last night, 72 year old former FBI Director Robert Mueller was appointed as the special prosecutor to look into Russian involvement with Trump’s campaign, including the possibility of collusion.

agenda era Fast FBI guy Modern Mueller plays things trump

 

How Greed and Easy Money Corrupted Wall Street and Shook the World Economy Learn More...

The best thing about the future is that it comes one day at a time.

 

Stock protection funds (also called protection funds) are a marriage between modern portfolio theory and risk pooling/insurance that may help such investors. Investors, each owning a stock in a different industry and seeking to protect the same notional value of stock, contribute a modest amount of cash (not shares, which they can continue to own) into a fund that will terminate in five years.

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Say Hello 2 Heaven [-0.06]

Posted on May 18, 2017, 11:50 a.m. by The Reformed Broker @ [source]

Just heard the news that Chris Cornell died in Detroit last night at the age of 52. He was amazing.

generation gig handful passed play playing sad Soundgarden Temple unexpectedly

 

Political turmoil swirling around President Trump reached critical mass on Wednesday, triggering a selloff in the US stock market. The slide looks dramatic in the wake of an unusually calm market environment.

crisis instance market months political recent remains stock trump Washington

 

There are some things impossible to quantify. But financial markets are made of numbers – among other things.

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095 – What makes a successful trader? [0.34]

Posted on May 18, 2017, 11 a.m. by Better System Trader @ [source]

Have you ever wondered what exactly is it that makes a trader successful?

Got A Question, Topic or Guest you want to see on the Podcast?

 

How Greed and Easy Money Corrupted Wall Street and Shook the World Economy Learn More...

The best thing about the future is that it comes one day at a time.

 

Guru Re-grades [0.14]

Posted on May 18, 2017, 10 a.m. by CXO Advisory @ [source]

What happens to the rankings of Guru Grades after weighting each forecast by forecast horizon and specificity? In their March 2017 paper entitled “Evaluation and Ranking of Market Forecasters”, David Bailey, Jonathan Borwein, Amir Salehipour and Marcos Lopez de Prado re-evaluate and re-rank market forecasters covered in Guru Grades after weighting each forecast by these two parameters.

accuracies forecast forecasters Grades Guru market paper Ranking re study

 

Household Borrowing in Historical Perspective [0.10]

Posted on May 18, 2017, 9:30 a.m. by The Big Picture @ [source]

Today, the New York Fed’s Center for Microeconomic Data released its Quarterly Report on Household Debt and Credit for the first quarter of 2017. With this report’s release, we’re adding two new charts which show both early and severe delinquency trends by loan product type.

balance credit data debt delinquency flow household rate recession report

 

NEW YORK – The Federal Reserve Bank of New York today issued its Quarterly Report on Household Debt and Credit, which reported that total household debt reached $12.73 trillion in the first quarter of 2017 and finally surpassed its $12.68 trillion peak reached during the recession in 2008. Of note, the Report includes two new charts focused on transitions into early and serious delinquency, broken out by debt type.1 The Report is based on data from the New York Fed’s Consumer Credit Panel, a nationally representative sample of individual- and household-level debt and credit records drawn from anonymized Equifax credit data.

consumer credit data debt household nationally Panel quarterly report York Fed

 

DLPAL Signal Confirmed Yesterday [0.09]

Posted on May 18, 2017, 8:41 a.m. by Price Action Lab Blog @ [source]

After the close of Monday, May 15, 2017, DLPAL signaled deterioration of positive bias in Dow 30 and higher probability of a correction. The confirmation of the signal yesterday adds to empirical evidence about the short-term predictive power of the ensemble features engineered by the program.

correction dow empirical engineered ensemble features positive ratio signal trading

 

ETF Watch: Short Term Bond Fund Debuts [0.10]

Posted on May 18, 2017, 4:45 a.m. by HOME @ [source]

Today WisdomTree is launching an ETF that will offer a yield-focused take on the short-term portion of the broad bond market. The WisdomTree Barclays Yield Enhanced U.S. Short-Term Aggregate Bond Fund (SHAG) tracks the Bloomberg Barclays U.S. Short Aggregate Enhanced Yield Index.

aggregate Barclays bond Enhanced fund index ISTB SHAG years yield

 

ETF Watch: Short-Term Bond Fund Debuts [0.10]

Posted on May 18, 2017, 4:45 a.m. by HOME @ [source]

Today WisdomTree is launching an ETF that will offer a yield-focused take on the short-term portion of the broad bond market. The WisdomTree Barclays Yield Enhanced U.S. Short-Term Aggregate Bond Fund (SHAG) tracks the Bloomberg Barclays U.S. Short Aggregate Enhanced Yield Index.

aggregate Barclays bond Enhanced fund index ISTB SHAG years yield

 

Take a look at my new ebook on advanced trading strategies using time series analysis, machine learning and Bayesian statistics, with Python and R .

Check out my ebook on quant trading where I teach you how to build profitable systematic trading strategies with Python tools, from scratch.

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Inflows Of $200M For 'SVXY' [0.15]

Posted on May 18, 2017, 4 a.m. by HOME @ [source]

The VIX product was in favor on Wednesday, May 17, as the stock market plunged.

Net Flows ($, mm) AUM ($, mm) % of AUM U.S. Equity -141.23 1,625,246.57 -0.01% International Equity 1,770.78 648,308.19 0.27% U.S.

Disclaimer: All data as of 6 a.m. Eastern time the date the article is published.

 

ETF League Table As Of May 17, 2017 [0.04]

Posted on May 18, 2017, 4 a.m. by HOME @ [source]

Disclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges.