March 29, 2007
NUM_TRADES_RT
I think there are precious few canned screens on the Bloomberg for finding stock trading ideas. There’s one called “LVI” (Largest Volume Increase) which is just a simple screen comparing today’s or yesterday’s volume with a 1-, 5-, 20-, or 90-day average of volume, ranked by percentage change. It screens by exchange but doesn’t offer China’s, though it does have HK’s, Taiwan’s, etc.
I think the deal with the Bloomberg is that everyone builds scanners and other tools (usually in Excel?) that use the feed. I was looking at the fields available through their API: a mere 25,000 or so (including 246 real time fields). Impressive.
I should have taken the money spent on business school and leased a Bloomberg terminal and explored it for fourteen months instead. With the savings, I could have gone to night school at DeVry in New Brunswick and learned how to program instead. In other words, I could have done something useful and productive, instead of getting a stupid MBA. Live and learn. (My son will know better.)