Making drones work for you

Stories involving drones have been a mix of science fiction, military strategy and future commerce. Think of the 1960’s cartoon, The Jetsons.

The technical name for a drone is Unmanned Aerial Vehicle (UAV). A UAV can be either remotely piloted or it can be an autonomous vehicle. The history of drones dates as far back as 1849. Austrians equipped balloons with bombs that had timing devices on their fuses. The intended target was Venice. The wind was not correctly accounted for, however. As many bombs blew back across Austrian lines as there were exploded over Venice.

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From:: Resource Investor

CTAs vs Central Banks: The QE Effect

In January 2015 at a Managed Funds Association conference I presented findings on the apparent relationship between commodity trading advisor (CTA) drawdowns and the Federal Reserve balance sheet, specifically the outright held securities part of it). The theme of the panel, and a subsequent research paper was: “Managed Futures and CTAs — Where are We and What’s Next?”

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From:: Resource Investor

Pardo: System designer has another upgrade

Bob Pardo taught himself computer programming as he anticipated the direction of trading back in the 1980s when he was in charge of floor operations for Salomon brothers and worked on supporting the execution of trading legend John Meriwether’s hedge fund.

“I bought an Apple II [and] taught myself programming. I wanted to use it to create trading signals and do market analysis,” Pardo says.

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From:: Resource Investor

Sentiment bruised by Tariff plans; Emerging markets tumble

Asian stocks were under renewed selling pressure this morning as global trade concerns and chaos across emerging markets weighed on risk appetite. Global trade developments have certainly placed investors on an emotional roller-coaster ride this week with the initial optimism over NAFTA talks outweighed by U.S.-China concerns. Market sentiment is likely to remain cautious, especially after President Donald Trump threatened to withdraw the United States from the World Trade Organisation.

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From:: Resource Investor

Crude storms brewing

Crude oil closed back above $70 a barrel as storms, both real and politically, started to develop. Prices were on the rise after U.S. oil supply fell 2.6 million barrels this week, which raised even more concerns about the market’s ability to replace plunging Venezuelan oil production and Iranian exports that reportedly already are facing falling oil supply. Now, you get Mother Nature involved with more storm activity brewing out in the Atlantic, and you have a very bullish outlook.

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From:: Resource Investor