Yesterday was personally disappointing in that we were unable to publish some new GDSS-generated material under the MARKETS tab starting today, March 1. The good news is, however, that we ought to be able to start late in the day tomorrow. So, now we will have a Daily Blog. It will be enormously satisfying to report to you every day.
GDSS btw stands for the GREENFIELD DECISION SUPPORT SYSTEM, at this point almost 24 months in the hands of myself and a development team of professional computer engineers.
We are still integrating bits and pieces but the GDSS should be close to being fully functional by the end of March for publishing premium reports and helping my trading. For now, however, we will be able to publish several daily performance reports for readers of the blog. Moreover, we will now be using the system to help generate more and better blogs.
The GDSS data structures are sophisticated. The data base is huge. Every day, we collect a large amount of corporate fundamental and market price-volume data, much of it directly from stock exchanges and market regulators. Including quarterly report data filed with the regulators, there are many years of daily market data on well over 20,000 stocks, ETFs, and indexes available to populate the company files, which we are able to study individually and within peer groups. We calculate the technical indicators that we believe are important and we can undertake any type of quantitative study or apply any algorithm of our choosing for any of decision model back-testing, time series data projections, and so forth.
Presently there are about 400 peer groups in the US and Canadian markets that are available for study on demand. We will likely grow that number to about 500 as we get into smaller peer groups like Cannabis, Recent IPO, Clinical Trial biotech companies, and so forth. This month we are also adding all the available data series for many other exchanges, so as soon as we have it from the exchanges in UK, several in Europe, India, Australia, Japan, China, and several others, we will also be able to study all these peer groups for each of these exchanges, all on demand.
On Thursday, we will provide a list of outputs from the system. On the weekend, there will be a team of up to ten of you who will be given access to parts of the GDSS to help us configure various reports we have in mind.
Developing new algorithms will soon be our primary focus. That work will be ongoing, likely to take several years. At some point, hopefully soon, we want to compete effectively with the algos of Wall Street and the central banks that seem to have capital markets under control.
Thirty-five years ago, the concept of dueling computers for stock trading was being openly discussed by technically-oriented traders. Finally, we hope to join the competition. It’s time.
All the best,
/Bill