May 1, 2007
Stock Du Jour (IOTN) & Random Observations
Selling from the start in the morning, quite mild until the afternoon when things got extremely nasty. Ugly, with small caps hit especially hard. Lots of Financials and Regional Banks on the new lows list. International Securities Exchange (ISE) bought out, eh? If Deutsche Boerse locks up the extremely valuable ISE Sentiment Index, I’m going to scream.
Ionatron was the stock du jour, going the opposite direction of the broad tape. A good way to lose money if you’re day trading is to ignore the direction of the broad market.
Cat: | Time: 8:09 am (utc+8)
May 1st, 2007 at 11:38 am
Looks like AMTD shut down Ameritrade index. It’s not even up anymore.
May 1st, 2007 at 2:55 pm
bjk: I can’t get there either but maybe it’s down for maintenance?
May 1st, 2007 at 11:05 pm
It’s been down for maintenance for over six months. I emailed them last year and they said it wouldn’t be cancelled, but I think it’s finished. It’s too bad. I saved a few months of data last year, and the Ameritrader enthusiasm for SIRI and AMD was a very good predictor of trouble in those stocks.
May 2nd, 2007 at 1:37 am
IOTN was a cramer pump. i got a small gain on monday from it (covered before it bounced), but today’s gain from it will be nice.
hey - 2 questions:
1) i use advanced analyzer because i get charts, EOD data, and can quickly move to intraday. however, 1/5 of stocks have recently had no data for EOD. i’d prefer not to spend 100/month on tc2007. any cheaper options that give the basic stuff (graphs, moving averages, candlesticks, quick searching by RSI/% gainers, etc.)
2) anyplace online that has historical intraday data (ie. 20 years ago) for all stocks? this i don’t mind paying for, it’s for research i’m doing.
thanks..
May 2nd, 2007 at 7:45 am
bjk: That’s a shame because that data was uniquely valuable; I even thought some ambitious person could build a trading system around it. Too bad….
bob: What time does Cramer’s show run? Do people still watch it, I thought the Mad Money madness had passed.
Yahoo Finance or BarCharts for your question #1? Maybe other readers have better ideas.
Historical intraday data from the 1980s is extremely difficult to come by, but I have seen at least the intraday NYSE stock data available for way back, but I forget where (good time to use The Google) … Quote.com of course offers intraday on everything back to 1997 (10 years) last I checked.
May 2nd, 2007 at 9:09 am
cramer’s show is 6pm-7pm EST. i don’t watch anymore, but check this site out to get an update, or cnbc’s mad money site (bugmenot for registration).
mad money is still doing good ratings, but cramer’s picks don’t move stocks as much anymore, so there’s no reason to watch. basically, heavily shorted, near yr high stocks are good to go long if mentioned on his show - otherwise, it’s caveat emptor.
i’ll check out quote - i forgot abuot that - but it appears tradestation has some good intraday data back to 1982. if you can remember what keywords you used to find out that NYSE data, i’d be grateful…
May 2nd, 2007 at 12:23 pm
bob: Is there anything here at NYSE Data?
Tick Data?
Olsen Data?
May 3rd, 2007 at 1:16 am
thanks for that…tick might be ok, but after spending last night checking through things, it looks like tradestation might be the best opportunity.
i’ve got to check with some friends in the industry, see if there’s any way they know of.
oh, sidenote - cnbc reporting now that the nyse is going to the sec to have changes in the hybrid system to ’save the specialists!’ if they’re really losing money now, it’s the first time in 100 years, and deserve it.