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?
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?
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.