The recent dip in the stock market has people talking about a bubble and a potential big decline in the market again. I discussed my general view on this last November, but I think Goldman puts things in the right perspective – while there might be pockets of excessive behavior, this is still nothing like the broadly excessive euphoria […]
from Trond AndresenDue to technological possiblities, success in stock market trading has increasingly become dependent on being at the front of a rat race in software, computing capacity and fast optical cable connections. While the firms whose stock is traded obviously do not change their prospects over time horizons shorter than days or even months, to win in the stock […]
Writing in the Financial Times, Tim Harford (The Undercover Economist Strikes Back, Adapt, etc) offers a nuanced, but ultimately damning critique of Big Data and its promises. Harford’s point is that Big Data’s premise is that sampling bias can be overcome by simply sampling everything, but the actual data-sets that make up Big Data are anything but comprehensive, and are […]
Everyone seems to be jumping into the debate about high-frequency trading, now that Michael Lewis is peddling his new book, Flash Boys.Lewis contends that the stock market is rigged, and that the culprit is high-frequency traders. But not everyone agrees that they are to blame, or that the stock market is even rigged to begin with.Cliff Asness, founder of AQR […]
All PostsPivotal’s New Big Data Suite Redefines the Economics of Big Data Including UNLIMITED Hadoop to EnterprisesApril 02, 2014 • Products • By Stacey SchneiderThe Big Data battleground has been an interesting market to watch lately. Centered around Apache Hadoop, and surrounded by an active ecosystem of commercial ventures and open source projects, this space is unfolding fast. Just […]
Library of CongressStock brokers working at the New York Stock Exchange in 1963One of the big challenges of investing these days is to avoid missing the forest for the trees.
We are now barraged with so much daily market and economic information, at such a high decibel level, that it’s easy to miss broader cyclical changes that occur over months and […]
With his new book, Michael Lewis is trying to completely change the conversation about high frequency trading on Wall Street. Up until now it’s been about whether or not high speed firms even have an advantage that distorts the market and hurts other investors.After enough people have read ‘Flash Boys: A Wall Street Revolt’, however, it may evolve into an […]
Forex: USD trading mixed Source: BloombergThe USD is trading mixed against its major counterparts. Data released indicated that US economy grew at a level below market expectations in the fourth quarter of 2013, though it expanded more than previously estimated. Additionally, pending home sales in the US dropped unexpectedly in February, sparking concerns over the US housing sector. However, better […]
Four Vs of big data – image ShutterstockOne of the themes of this year’s main European IT exhibition, CeBIT, was Big Data. In fact, it’s one of the core themes of most events I’ve been attending the last months. Big Data is everywhere: marketing, analytics, information management, healthcare, the list goes on. And despite discussions and debates in the area […]
A tool by New Relic called Insight gives its clients real-time analytics about customer usage.What if big data, that much-proclaimed multibillion-dollar hope of the enterprise software industry, is just a feature of something else?On Wednesday, a company called New Relic announced that its product, used by information technology professionals to monitor the performance of software applications, would also carry real-time […]
