HBB announced earnings on Wednesday. Thursday the price fell somewhat. Friday the price fell some more. But today the price has fallen 20%. What's the difference? FactSet didn't process the earnings until the weekend, and a ton of P123 users rebalance on Monday mornings. I'm suggesting, though I c…

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To get back to the original subject of this post, HBB is trading far higher now than it was on Monday. So I would like to make the following suggestion. For those of you who place your trades manually, place them on Tuesday or Wednesday or Thursday. For those of you who place your trades automatical…

Focusing on the topic of which day to trade, I have some data in addition to what HBB did in this instance where Factset data was updated over the weekend (and had a one-time pension expense of $7.595 million dollars potentially misleading some algorithmic traders). I have paper-traded ports that …

Do not use automatic but manual. Force it in your live strategy by clicking on "Get recommendations" and then "Commit".

While the current price action aligns with expectations, it may not fully capture the underlying dynamics. HBB’s beta, around 0.66, suggests that the stock typically moves less aggressively than the market as a whole. In this case, the sharp decline on specific news was idiosyncratic to HBB, unrelat…

Yes, perhaps there is a Monday morning overreaction due to buying pressure from to many P123 investors in small-cap stocks. Here are my four I was going to buy: [image] :frowning:

The two largest increases from EXFY and RIGL both had significant atypical gains starting on Friday 11/08. Evidently there were others ahead of the P123 investors.

Likely not only dealing with P123 users but anyone else, institutional or large individual traders, that uses Factset and their own proprietary system. The market is moving towards 24 hour trading. If your source of alpha is getting new information and getting in or out before anyone else its goin…

We do have information from one institutional investor and a P123 member investing perhaps 6 million dollars of his own funds (without leverage). Yuval I mean and something to be proud of. I think he said he does not trade just on Mondays. So we know at least one large investor is not sticking with…

Okay stupid question time. If my I forced my live strategy to get recommendations today (Friday) and commit them, is there actual fresh data incorporated - aside from price - from the period Monday to Thursday that will be reflected in the new rankings?

Monday morning overkill

General

plan_trader November 15, 2024, 8:37pm 24

Marco also made this comment " You mean automatic daily rebalance for live strategies? Currently if you manually rebalance every day you are using daily data."