Hi HN users,<p>My project is weeklycharts.org.<p>This project generates and shows a weekly list of strong stocks and ETFs. My definition of a "strong" stock is a stock that is rising, upward trending and advancing stock.<p>This project is based on an idea which I have after reading the book, "How I Made $2,000,000 in the Stock Market" by Nicolas Darvas.<p>I have used UNIX shell scripts and GNU Awk to calculate the statistic; and HTML, CSS and SVG for presentation; and GNU Make for building this project. The stock prices and industry profile of the companies are sourced from finance.yahoo.com.<p>I intent to open source the code, on github, but have not decided on a license that best fit this project. I would welcome your suggestion.<p>Initialy, I hope to setup this project as a paid subscription service, maybe say, between one to ten dollars per month. But after much consideration, maybe a open source model is better, as I do not want to turn my hobby project into a business and the hassle of managing it. I prefer to share this project with everyone, with a contribution model.<p>I hope this project is useful to you, as it is for me.<p>All suggestions, feedback and questions are welcome.<p>And I thank you for your time and attention, and support.<p>nano17c
(maintainer of weeklycharts.org)<p>PS. I am a long time passive reader of HN. Just create an account recently to show case my first side project.
Neat project with a nice minimal aesthetic and fast performance. Thanks for sharing.<p>But the repo does not seem to have the shell scripts.[1] What is the statistical definition of a strong stock?<p>And which chapter or part of the book specifically inspired you? At first glance, it seemed like a long winded personal memoir of trading and would rather just read the essential parts.<p>[1] <a href="https://github.com/weeklycharts/charts">https://github.com/weeklycharts/charts</a>
Could you summarize the idea behind this?<p>My feeling is that charting rising stocks will give you a bias in thinking the stock will continue to rise. Even worse, it'll make you feel that the whole stock market is going up, when it could be crashing massively.<p>I doubt that whatever strategy you derive from this is going to outperform the index.<p>I'd be careful not to be tempted by the "get rich fast" scheme here.