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initial claims theory

so i am no coder by any stretch of the imagination, but i was wondering if someone could build a model that just trades SPY and buys when initial jobless claims are lower and sell when they are higher?

3 responses

Hello James,

Do you have a data source for the initial jobless claims versus time? The data could be added to an algorithm via copy-and-paste.

By the way, perhaps of interest to you, there is employment data analysis here: http://www.aheadofthecurve-thebook.com/charts.html. My hunch is that employment numbers are a lagging indicator, but I could be wrong.

Grant

https://research.stlouisfed.org/fred2/graph/fredgraph.png?graph_id=104651
this is what i hope to accomplish. i am not sure how to import said data in here to execute trades.

Hi James,

We'd need to have a look at the data in a spreadsheet, .csv, or similar format. Is it available? Graphical data won't be useful.

Grant