Global indices analysis covering S&P 500, Dow Jones, DAX and more
In 1975, a group of researchers asked a deceptively simple question: what happens to mutual funds after they die? Most people assumed the answer was irrelevant—who cares about funds that failed? But W
--- The market does not wait for your monitoring system to reconnect. On September 15, 2022, a tier-1 US equity data vendor suffered a 47-minute outage during the pre-market window. For a systematic s
--- The Ghosts of Companies Past In 1999, there were 4,893 companies listed on the Nasdaq. By 2024, fewer than 3,400 of those original companies still exist as standalone public entities. Some merged.
--- The graveyard is invisible. When you pull 20 years of Nasdaq 100 data and run a simple momentum strategy, the backtest spits out a beautiful equity curve. Sharpe of 1.4. Maximum drawdown of −12%.
In 1999, the Pets.com IPO raised $82 million in one morning. By February 2000, its stock had fallen 97%. By November 2000, the company was worthless and delisted. Today, if you pull the NASDAQ 100 his