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AI scores 3,600+ stocks daily for smarter trading decisions

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    Read the Tape gives players the same 5 S&P500 stock charts per day to predict. You select low, medium or high confidence and then call the chart UP or DOWN. It's a 1d chart which then resolves over 5 days. Alpha is scored against the Monkey Index, a basket of 11 random coin flips at low confidence which provides a tangible win/lose condition. We're two weeks in and some interesting data is being kicked up. Players like to call tops even though stonks go up- 60% of the 70 charts so far resolve higher, players' down calls have only been right 31% of the time. There's a full stats dive at…

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    Hey HN, I’m Dan. I’ve been working on forecasting for the last six years at Google, then Metaculus, and now at FutureSearch. For a long time, I thought prediction markets, “superforecasting”, and AI forecasting techniques had nothing to say about the stock market. Stock prices already reflect the collective wisdom of investors. The stock market is basically a prediction market already. Recently, though, AI forecasting has gotten competitive with human forecasters. And we’ve found a way of modeling long-term company outcomes that is amenable to our forecasting approach. Iteration by…

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    Hi Everyone, I was frustrated that online investing sites are filled with self-promotion, noise, and misinformation. There is no way to verify someone's credibility online. Retail investors are easily faced with poor advices due to lack of knowledge & time. WOC Street crowdsource community predictions, filter out noises, and show everyone's win rate while letting everyone have some fun playing the game. If you are not familiar with the prediction market concept, it's like predicting sports game outcomes, but instead of teams, you'll be predicting whether stocks will go up or down by the end…

    2023 · wocstreet.com

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