Hello, everybody. I just discovered Quantopian recently. I'm still taking baby steps wrapping my head around Python, Quantopian, and the stock market -- all really new to me.
I read this in the news this morning on Bloomberg: "On Wednesdays -- when the Energy Information Administration releases its latest data for U.S. production and inventories -- oil prices take a tumble."
I thought I would write up a quick algo that exploits this pattern. This actually has the best stats of any algo I've tried so far! (Well, only if you limit it to 2017.) So obviously don't take it too seriously. It's not Q Open material or anything, but maybe somebody out there can make (or lose) a ton of money with it.
(Update: I just realized that due to a mistake this runs on Thursdays instead of Wednesdays, which turn out to not perform as strongly. Ooops!)