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Daily Market Commentary

Thank You.
Market Commentary For Thursday, July 6, 2017
Over the last 10 plus years I have met with in person and through email a variety of individuals that have not only supported me by virtue of being a subscriber to our website www.momentumsecurities.ca but have also educated me along the way. Through our discussions/emails an alternate perspective always challenged me to become more informed or just better. I want to thank those of you whom have been long standing subscribers. Your faith in the service during the early days was inspirational and helped motivate me to continue.
In recent years the markets have become increasingly difficult to navigate prompting the need for new algorithms to be formulated and back tested. The amount of data needed to sufficiently run these types of historical testing has grown infinitesimally and the data infrastructure alone is becoming increasingly difficult to manage as gigabytes have turned into terabytes. And unfortunately, the democratization of stock market data is only a mirage as pricing information is not disseminated equally as those that get it first have historically and currently use it to their advantage. This traces back for centuries and the inequality still exists today even with all advancements in data delivery.
Again, I want to thank you all and I sincerely wish the best in all of your life’s endeavors.

Sincerely,

Blake Babki, Editor of The Daily Report
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