|  | | Hello -
A while back, I was doing some maintenance on the MarketBeat.com database. It contains a historical archive of more than 1,000,000 analyst recommendations, 60,000 dividend announcements, 90,000 earnings reports, 120,000 earnings estimates, 215,000 insider trades, 945,000 SEC filings and more than 2 million headlines.
As I was looking through the database thinking how I could make it more efficient, I thought to myself, "there has to be some way to generate alpha using this information." I started creating a lot of algorithms, backtesting them and found a lot of things that didn't work.
After days of messing with the data and was about to give up on the project, I thought about trying to create a tool that would identify stocks based on their near-term growth opportunities using our massive database and sentiment analysis. As I ran the tool over and over again, I found that it was right more often than it wasn't.
I made the tool live for testing purposes on May 15th, 2017. Its first recommendation was Microchip Technology (MCHP). One month later, the stock was up 10%. The following Monday (May 22nd), it recommended Applied Materials (AMAT) as its top pick. That stock was up 7.2% 30-days later.
This tool is named the "Idea Engine" and is now part of MarketBeat All Access. It uses machine learning, proprietary algorithms and our private database of billions of financial data points to identify five stocks each week that are poised for near term growth. If you subscribe to MarketBeat All Access, you can get access to this tool right now and get this week's recommendations.
Sign-up today, and receive a $150.00 discount on your annual subscription. That's just $24.97 per month or $249.00 per year (normally $399.00 per year).
Click Here to Subscribe to MarketBeat All Access
Matthew Paulson
MarketBeat | |
| |
Thank you for subscribing to MarketBeat!We empower individual investors to make better trading decisions by providing real-time financial information and objective market research.MarketBeat is a small business and email is a crucial tool for us to share information, news, trading ideas and financial products and services with our subscribers (that's you!).If you have questions about your subscription, feel free to contact us via email at contact@marketbeat.com or leave us a voice mail at (844) 978-6257.If you would like to unsubscribe or change which emails you receive, you can manage your mailing preferences or unsubscribe from these emails.© 2006-2020 American Consumer News, LLC dba MarketBeat. 326 E 8th St #105, Sioux Falls, SD 57103. United States.
|
No comments:
Post a Comment