Part III. Discovering Trading Opportunities
As a trader or financial analyst, your objective is to identify profitable opportunities by buying low and selling high. But how do you determine what price points are considered low or high? The answer lies in leveraging technical analysis and fundamental research to make informed trading decisions.
In this part of the book, you’ll embark on a journey to build a market analysis solution that empowers you to discover trading opportunities by harnessing the power of real-time market data, news insights, and resilient streaming architectures. You’ll learn how to engineer systems that consume high volumes of data and transform it into actionable insights with low latency, giving you a competitive edge in the fast-paced world of stock trading.
Imagine having the ability to ingest real-time stock prices, enrich them with proprietary information, and identify buy and sell signals using custom APIs and scalable microservices. You’ll explore techniques to consume market data feeds, such as OHLCV (Open, High, Low, Close, Volume) data points, and apply technical analysis to uncover patterns and trends.
But technical analysis alone is not enough. Fundamental research plays a crucial role in shaping market opinions and influencing price movements. You’ll learn how to systematically leverage news reports from trusted sources like The Wall Street Journal and Bloomberg. By collecting, curating, and cleaning news articles, you’ll build a pipeline that ...
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