Financial Accounting Standards Board (FASB)

The FASB Accounting Standards Codification is the source of authoritative generally accepted accounting principles (GAAP) recognized by the FASB to be applied by nongovernmental entities. They provide updates from time to time about different topics. An example: Archer Daniels Midland I was reviewing this company and how the free cash flow turned negative in 2017. … Read more

Counting drilling rigs

Background I have the purpose of counting US drilling rigs that are producing oil. I understand so many of them are closing and the cost to re-open them should be considerable. With the amount of oil in the market and the future prices sinking into even negative values, I want to challenge my self if … Read more

Commitment of Traders (COT) in tradingview

Some theory to add background I continue studying about market breadth, and this time I’m creating a script for the analysis of the Commitment of Traders. The Commitment of Traders (COT) reports show futures traders’ positions at the close of (usually) Tuesday’s trading session. The report is prepared by the Commodity Futures Trading Commission (CFTC). … Read more

Tradingster, Commitments of Traders (COT) reports

Tradingster.com provides free COT charts and COT reports. The Commitments of Traders (COT) reports provide a breakdown of each Tuesday’s open interest for markets in which 20 or more traders hold positions equal to or above the reporting levels established by the CFTC. The original COT report is text based and doesn’t include any charts … Read more

SPX Vs DIX 2020 follow-up

I have started to follow-up the Dark Index Vs SPX, as one of the indicators I follow during the decisions. Right now it’s in test mode, as I have to learn about what happens and see if I can build some type of correlation that contributes in a positive way to my trading actions. So, … Read more

SPX Vs VIX

I have been trying to find correlations in terms of what have been happening during last 4 months in the US market and I found something that I need to see in deep. I added Volatility Index (^VIX) to a chart, but the figure was so bad. I did “1 minus VIX” and added to … Read more

Tradingview, using quandl data

I just discovered that you can use quandl data (from www.quandl.com) on Pine in tradingview. I have done an basic exercise with avocado. The code study(“Producer Price Index by Commodity for Farm Products: Avocados”, shorttitle=”Avocado”, precision=2) quandl_ticker = “QUANDL:FRED/WPU01110205” data = security(quandl_ticker, “D”, close) plot(data, color=green, style=line) Using the quandl() function //@version=4 study(“Producer Price Index … Read more

Industry Classification Benchmark (ICB)

ICB is an industry classification taxonomy launched by Dow Jones and FTSE in 2005. The ICB uses a system of 10 industries, partitioned into 19 super-sectors, which are further divided into 41 sectors, which then contain 114 sub-sectors. In tradingview.com you can show these indicators. For instance 9500 technologies.  

Stockcharts.com

This platform, competes with Tradingview.com, and it comes with different features and levels of analysis of data that are interesting. I have to go a little bit deeper on the analysis of the tool and try to learn if it’s worthy than tradingview. There is a programatic way to filter companies, which is something really … Read more