Morgan Stanley Layoffs, VTI keeps climbing

Posted on 2019-12-10 in Stocks • Tagged with Stocks, Economy, ETF • 2 min read

Yesterday Morgan Stanley announced a 2% reduction in workforce across the entire organization. It's citing an "uncertain global environment." That's a code word for "recession" if you ask me.

The job cuts at the investment bank, the world’s biggest equities trading firm and a leading mergers advisor, will hit …

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Weekly Support and Resistance Updates to EURUSD

Posted on 2019-12-09 in Forex • Tagged with Forex • 1 min read

Over the years I've used  as my development sandbox. Sometimes it was to test out new CMS's (like Expression Engine) and other times it's cron jobbing scripts. For the most part, it's cron jobbing scripts. I started thinking about using  that site as a Django dev site …

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How to Recognize AI Snakeoil

Posted on 2019-12-05 in Thoughts • Tagged with AI • 2 min read

My colleague posted an interesting Princeton presentation to our group Slack channel. It's about how AI is being used in social interactions such as hiring decisions. I completely get why HR departments and companies want to do this. They get 100's of resumes from people and want to weed through …

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Go Master Quits, AI too powerful

Posted on 2019-12-01 in Data Science • Tagged with Go, AI, News • 2 min read

I just read that Lee Sedol is retiring from the competitive Go world because of AlphaGo.

The South Korean said he had decided to retire after realizing: "I'm not at the top even if I become the number one."

This is a bit sad but understandable. I wrote about Lee's …

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AI Trading & Lehman Brothers?

Posted on 2019-11-27 in Data Science • Tagged with Stocks, AI, Trading, Market Trends • 2 min read

WOW! I posted this over 12 years ago. Talk about being spot on the money! I hate to do this but I'm going to quote myself here:

I firmly believe that data mining, AI, and machine learning trading will accelerate over the years. Who knows, maybe my little model will …

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