Anomalies
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Anomalies
Outliers, aberrations, fat tails, trouble at the mill and maybe something good once in awhile
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Scooped by Ellie Kesselman Wells
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Nanex ~ The Cost of HFT

Nanex ~ The Cost of HFT | Anomalies | Scoop.it
The cost of #HFT - new charts showing growth of quotes vs trades since 2000 http://t.co/YYI2XNpGf1
Ellie Kesselman Wells's insight:

Now versus 1999: 100 times as many quotes, same trading volume

Chronology: Reg NMS - January 2006

Advent of high frequency trading - March 2006

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Earnings Roundup: Company-Issued Guidance at Its Most Negative Level on Record

Earnings Roundup: Company-Issued Guidance at Its Most Negative Level on Record | Anomalies | Scoop.it

The current N/P earnings guidance ratio of 11.4 for Q4 2013 is the worst on record.

Ellie Kesselman Wells's insight:

S&P 500 companies have issued negative expected earnings guidance 103 times and positive guidance only 9 times. This 11.4 negative-to-positive (N/P) ratio is the highest (worst) on record, ever. The highest N/P ratio prior to this quarter was 6.8 for Q1 2001. 

* The data is incomplete, as it was collected in late November.

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