62 results for author: Austin Sarles


Georgetown Wins Global Investments Challenge

After months of competing against other top tier universities, students from Georgetown University McDonough School of Business come out on top CHICAGO, IL – May 1, 2017 – On April 22nd, students from universities around the world joined Peeptrade at the Illinois Institute of Technology, where a panel of experts determined which school’s team of graduate students had managed a portfolio of real money the best. After the judges deliberated, they announced Georgetown won the challenge, followed by USC in second place, and INSEAD in third place. Georgetown professor Thomas Cooke said, “This is just an astounding program. Speaking on behalf ...

Peeptrade Announces Spring University Challenge

FinTech startup introduces global competition into university program CHICAGO, IL – April 5, 2017– After the completion of Peeptrade’s Fall 2016 University Challenge, which saw MIT take first place, the financial technology and social networking startup is back with the Peeptrade Spring 2017 University Challenge! In a statement, Peeptrade CEO Juan Mendoza discussed the new global emphasis of the program. “We created this program to give practical experience to the money managers of tomorrow,” said Mendoza. “That is why, we’re so happy to expand our program into Europe and Latin America. We want to provide this learning opportunity ...

How Will the Election Affect the Markets? Do Normal Trends Apply Today?

In a nutshell: “The last week before the election” is bucking past trends What usually happens right after a presidential election? How does either party's win affect the market? While voters figure out whether Clinton or Trump would make the better president, stock market observers wonder, “How will the outcome affect the markets?” Recent Developments Buck the Trend There are some interesting trends and unusual developments connected with this topic. Market behavior is not following the usual script this election cycle, since a rally averaging  at 1.8% S&P gain typically occurs in the week before a presidential ...

Five Problems with Financial Information

With over 12 years of experience in financial markets, I have seen conflicts of interest that financial information can produce. Over 40 million in the U.S., that is one out of every eight people, are pursuing honest, free, and transparent information. However, I couldn’t distinguish between reliable and untrustworthy information, even with years in the industry. I knew we had to address this problem. We identified five critical problems in stock financial publications, and addressed how we are solving them with a dynamic, interactive, and user-friendly social network: 1. No evidence exists that shows that people are doing what they are ...

Peeptrade removes fees from platform

Fintech startup now allows you to follow other investor’s trading activity for free CHICAGO, IL  – On October 27th, Peeptrade officially announced that all of the fees on the platform have been removed. For the first time, users on the site can follow each other’s trading activity for free, gaining valuable insight of the minds and strategies of other investors. The shift to a free platform also coincides with Peeptrade’s University Challenge. Investors are now able to see how investment clubs from top universities manage real portfolios with real money in real time completely free of charge. Competing universities include the ...

Social Trading Made Simpler

Social trading is a form of investing designed for the modern trader. It allows people to trade online with the help of others and some claim it helps eliminate the learning curve altogether. On various platforms, traders can interact with one another, stay up to date on financial news, and even copy the trades of other investors. This new form of trading can be confusing, though. Luckily there are resources like InvestinGoal to help you pick the right traders. InvestinGoal has one mission “to provide all the knowledge, strategies, reviews, tips, guidelines and quality content for all investors willing to invest their money with social tradin...

Twitter: What is it, Who wants it, and Why?

There is an old proverb about an elephant and a group of blind men, who are asked to reach out, touch the creature, and describe what they feel. To the man who grasps the tail, it is like a very thick rope; to one who feels a leg, like a tree trunk; and to one who touches an ear, like a huge fan… None are actually incorrect, but no one can agree on what the creature actually is. Twitter (TWTR) is like that: “What the heck is it?” It is.. a utility which allows you to catch the latest headlines? a way to engage potential buyers or clients? a gold mine of data about millions of consumers? And what is Twitter worth, anyway? ...

What Strategy Will Pay Off in the University Challenge?

When investment teams face off, who will use data most effectively? This is exactly what graduate students will learn in the Peeptrade University Challenge when student teams, each managing a $10,000 portfolio funded by Peeptrade, compete for prime results. This challenge, which begins October 3rd and ends December 2,  gives students the actual experience of investment and risk management while also raising money for charities that the students have chosen. Come December 3, teams from these participating university business schools will present final results and defend their investments before a panel of experts:  University of Ch...

The Democratization of Finance

Historically, the financial industry has been riddled with both needlessly complex trading tools, and extremely archaic and elitist processes. Thankfully, we are now blessed with a massive influx of fintech (financial technology) startups to help simplify the lives of self-directed investors, and empower them with the necessary tools to be successful. Within one of the financial powerhouses in Asia, more specifically, Singapore, there is a startup that is doing just that. This startup called, “Call Levels”, provides real-time monitoring and instant price alerts on a wide range of asset classes. This allows investors to be notified of market ...

Peeptrade’s $1,000 trading contest winner is…

Peeptrade is proud to announce that the winner of our $1,000 trading contest is Allen Lloyd! The contest winner was determined by the Sharpe Ratio, a metric for risk-adjusted return. The competition was very close in this contest, and we would like to congratulate all of the other top contestants below! Trader Sharpe Ratio Allen Lloyd 10.997 Mike Coury 6.229 Pacini Capital Management 5.447 Carl Sera, CMT 5.147 Cyrus 3.766 Dr. Jeff Ross 3.536 Michael Harris 3.425 Brian Lowrance 3.086 Eugen Shluter 3.085 Stoken Asset Management 2.919 Want to see how you would have staked up ...