How confident are you in wiring this up to trade immediately off of the output?
Most releases happen after trading hours
Yes, but you can still trade pre-market and after-hours.
Show HN: I built an AI tool to analyze SEC filings the minute they're released
21–30 of 59 posts
Re: Show HN: I built an AI tool to analyze SEC filings the minute they're released
#22Re: Show HN: I built an AI tool to analyze SEC filings the minute they're released
#23Your trading way after the fact in some cases.
Re: Show HN: I built an AI tool to analyze SEC filings the minute they're released
#24Naive question here: wouldn't the upside of keeping this secret and trading on it's output yourself far exceed what you can make in subscriptions?
Typically, you won't be able to make any trades for hours after the info is released anyway.
Re: Show HN: I built an AI tool to analyze SEC filings the minute they're released
#25Naive question here: wouldn't the upside of keeping this secret and trading on it's output yourself far exceed what you can make in subscriptions?
It might kick out 2 or 3 "good idea" trades a year that you could milk, but the real value in this data is getting it quickly into the hands of people who manage sector portfolios.
Say for example a filing happens that a company will be impacted by trade sanctions. You could short the stock as a naive investor and maybe make a few bucks. Someone with sector knowledge will rebalance their portfolio knowing that customer demand for widgets will shift to sprockets which in turn require doodads. AI isn't there yet because it requires a lot of non-public knowledge to really make money off of.
Re: Show HN: I built an AI tool to analyze SEC filings the minute they're released
#26Naive question here: wouldn't the upside of keeping this secret and trading on it's output yourself far exceed what you can make in subscriptions?
The value is in scaling this beyond what any individual could do. Yes, the data is public, but building reliable tooling around it, continuously validating the analysis, and expanding coverage across all filings creates far more interesting opportunities than solo trading.
We've already seen how just having basic sentiment and risk analysis has helped our users catch significant changes they would have missed - like subtle shifts in supply chain disclosures that preceded market moves. As we add features like more filing types, earnings call transcripts, and cross-company competitive insights, the system becomes more valuable for everyone.
The best trade isn't always the obvious one.
Re: Show HN: I built an AI tool to analyze SEC filings the minute they're released
#27It's priced in. I guarantee every major hedge fund had a prototype running within hours of GPT API being made public, and they're probably running it on real money right now.
Re: Show HN: I built an AI tool to analyze SEC filings the minute they're released
#28You are charging way too much and offering too little. $29/month to track 15 companies, $89 to track 50, and "Contact sales" for unlimited. The "AI Analysis" you have is too brief and doesn't tell me anything useful as an investor.
Compare this to what https://quartr.com/products/quartr-core is offering for $20/month.
I know how difficult it is to build a tool like this and you've done a decent job. Just doesn't make sense to me to price it like this.
Re: Show HN: I built an AI tool to analyze SEC filings the minute they're released
#29I like seeing trading tools released. Kudos.
Barriers are falling, fees and such. APIs popping up and interest in markets growing. I'd be bullish on retail trading and its healthy future.
Re: Show HN: I built an AI tool to analyze SEC filings the minute they're released
#30Naive question here: wouldn't the upside of keeping this secret and trading on it's output yourself far exceed what you can make in subscriptions?
Unfortunately much of earnings responses is written after the fact. If the stock price goes up you can point to some positive parts. If it goes down, you can point to some negative parts. I see that all the time. "Earnings beat estimates but analysts were worried about declining growth in app related earnings and looming regulatory threats". Sometimes they even switch! The stock goes up, reporters write their pieces, then it goes back down and switch over to another explanation.
I'm reminded of the headline "More than 16M Americans have lost jobs in 3 week, dow's best week since 1938"
https://www.reddit.com/media?url=https%3A%2F%2Fi.redd.it%2Fr...
