Tag: stock market app

unveiling our new app!

On Friday, oil was up 1.54% and the biotech sector was down nearly 1%.  Like the ticker symbols scrolling across the bottom of the screen on CNBC, these data points are pretty much useless.  I would argue that a single day’s action taken in isolation, provides no value at all.  In order to be useful, data needs context, which in this case is the trend.   We make money by investing in assets that are trending, and by doing our best to identify when a trend is possibly beginning or coming to an end. However, in fairness to CNBC et al., is it even possible to succinctly communicate this much information […]