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  1. Shiraz Lakhi

    Statistical Arbitrage resources

    Statistical arbitrage (or pairs trading based on anticipation of reversion to the mean) works reasonably well in my experience when diversified to multiple 'high liquidity' stocks... In theory (charts/academic-papers), the assumption for the sometimes grandiose equity-curve, is to be able to...
  2. Shiraz Lakhi

    Value Stocks With Low EV/EBITDA, Trading Up > 3% Intraday...

    "purely for 'idea generation' (not decisive entry/exit), subject to further analysis"
  3. Shiraz Lakhi

    Value Stocks With Low EV/EBITDA, Trading Up > 3% Intraday...

    Daily Trade Ideas Based On Low EV/EBITDA Stocks Moving Up > 3% Intraday... Stocks in play - Monday 8th June at 10:10am EST Total: 5 qualifying companies... AGX: ARGAN INC - EV/EBITDA 6.95 ANFI: AMIRA NATURE FOODS LTD - EV/EBITDA 7.22 NR: NEWPARK RESOURCES INC - EV/EBITDA 8.51 WILN: WI-LAN INC -...
  4. Shiraz Lakhi

    If You Had To Choose Only 3 Technical Analysis Indicators...

    If You Had To Choose Only 3 Technical Analysis Indicators... Technical indicators have been around for as long as I can remember - from initial excitement at my new-found 'discoveries', to becoming a die-hard almost religious advocate, to [eventually] learning a lot of humbling, hard-knock home...
  5. Shiraz Lakhi

    Stocks Below Book Value / Trading Up On Strong Volume

    Having recently completed (beta-phase) development of the tradepilot stock screener, I wanted to share a popular screening idea - combining both fundamentals and technicals - to capture potentially undervalued companies (stocks with a current market capitalization below book value), trading up...
  6. Shiraz Lakhi

    Stock scanners

    Have tried many in the past (Finviz, TradeStation, MarkeVolume, etc), but the best one IMO is portfolio123 - very reliable data feed, timely updates, and allows the very easy customization of screening rules (easy to use/learn) - basically you can code anything you want into into - let me know...
  7. Shiraz Lakhi

    Stock Screener: Fundamental Value + Technical Entry Timing

    By Shiraz Lakhi (Founder: tradePilot.com) Just completed phase 1 development (beta) of our free stock screener - enabling traders to combine BOTH fundamental screening rules (capturing deep value stocks based on value/growth metrics such as Price/Sales, Price/EBIT, Price/Free-Cash-Flow, Sales...
  8. Shiraz Lakhi

    Pair Trading Strategy Journal

    I also note from many pair trading discussions, there is too much emphasis purely on correlation. While this is integral to any pair trading opportunity, there should be equal value placed on technicals & fundamentals of a stock. My basic strategy which integrates all of the above can be...
  9. Shiraz Lakhi

    Pair Trading Strategy Journal

    I have found that QQQQ trades in close correlation to SPY, so the choice becomes merely academic. There is a very interesting article on this (strictly trading QQQQ v DIA or SPY) at the link below which returns consistent annual returns...
  10. Shiraz Lakhi

    Pair Trading Strategy Journal

    Went LONG MA on Friday pre-close, but not against V (instead shorted QQQQ - prefer trading stock vs ETF - see my last post) - MA is moving up/regaining strength as expected - single day net 2.65% gain (MA up 2.79% minus QQQQ up 0.14%)... Will take half off the table to capitalize on adding...
  11. Shiraz Lakhi

    Pair Trading Strategy Journal

    I have found trading an ETF (such as QQQQ) vs Stock works best when the stock 'universe' is narrowed down to a focal group of stocks - for instance I am making it my business to know every one of the Nasdaq 100 stocks using various sources - both technical (charting sites, scanners, technical...
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