Computerized Investing Blog

Harnessing the power of technology to help individuals become more effective managers of their investments.

Robotic surgery Isn’t as Safe You Thought

The first robotic surgery took place in 2001 between a surgeon in New York and a patient in France. Since then, thousands more have been performed. What is robotic surgery you might ask? It is a method to perform surgery using very small tools attached to a robotic arm. The surgeon controls the robotic arm with a computer. It can occur in the same location or the patient and doctor can be separated by an ocean...

Interactive Brokers to Acquire Covestor

Today a press release stated the follow information: BOSTON and GREENWICH, Conn., April 23, 2015 /PRNewswire/ — Covestor, an online investing marketplace, and Interactive Brokers Group, Inc. (NASDAQ GS: IBKR), the largest US electronic broker by daily average revenue trades, announced that they have entered into a definitive agreement under which Interactive Brokers will acquire Covestor. Covestor is...

You Can Buy It But It’s Not Yours

If you own a John Deere (DE) tractor you should stop referring to yourself as the owner of the tractor and start referring to yourself as the lifetime licensee. In a recent filing, John Deere’s lawyers argued that farmers don’t own their tractors but have been granted an implied license for the life of the vehicle. Companies such as General Motors have jumped in to support Deere’s interpretation...

Oscar is potentially disruptive

While the verdict is still out on the Affordable Care Act (ACA), also known as Obamacare, no one denies the tremendous changes in the healthcare marketplace that have taken place because of its mandates. A healthcare startup called Oscar, founded in 2013 has been at valued at $1.5 billion after a recent fundraising round. Oscar offers an app which where you can enter symptoms which will identify doctors appropriate...

WSJ: Ransomeware a Growing Threat

WSJ.com recently reported about the growing threat of “ransomware,” whereby cyber criminals hold computer files hostage and demand a ransom to free them. According to the article, about 30% of ransomware victims pay to regain their data, estimates Tom Kellermann, chief cybersecurity officer for Trend Micro Inc., an Irving, Texas, cybersecurity firm. The article went on to say that Intel Security,...

Up with American Express

Jawbone and American Express (AXP) are partnering up to make it easier for you to buy that well-deserved smoothie after your workout even if you left your wallet in the car. Jawbone is well-known for their UP fitness trackers and American Express, of course, offers credit cards. Partnering up means that with certain versions of the UP, you can wirelessly pay at the cash register using your American Express....

Keeping Track of Apple Watch Sales

Apple (AAPL) Watch pre-orders have already totaled more than one million units according to research company Slice intelligence. 957,000 people placed orders with the average order being for 1.3 units. This number is far greater than the total number of Android wear smart watches sold in all of 2014 (720,000). Not surprisingly, more than 60% of Apple Watch buyers went for the low-end Apple Watch Sports model...

Traditional banks see Silicon Valley in the rear view

Master of the Universe, Jaime Dimon, CEO of JP Morgan Chase (JPM) says that “Silicon Valley is coming”. What he is referring to is that Silicon Valley is hard at work coming up with alternatives to the traditional banking model upon which his company relies. Alternatives included peer to peer lending robo investment manager and more threaten the traditional model and not just Jaime Dimon is concerned. Nicknamed...

Quants rejoice with Quantopian

If you consider yourself a quant of sorts and enjoy the nitty gritty of trading/investment methodology then a new website might be a dream come true. The site is called Quantopian.com and it allows users to code their models and backtest it aginst up to thirteen years of data to measure performance. Additionally, users can link to a brokerage account (Interactive Brokers or e*Trade) to live trade their model....

Want a painting along with your beanie babies?

Sotheby’s (BID) and eBay (EBAY) are partnering up again to deliver live streamed auctions right to your living room or wherever you happen to be. They have tried to do this previously and failed but it is too important to both to give up. For Sotheby’s, they need to strengthen their online sales portfolio which trails its rival Christie’s while eBay is looking for any opportunity to offer a...