The Bond Buyer - Munis, USTs rally as investors dive in
The market is on a relief rally, after being beaten by some hawkish Fed communication earlier last month and it's unclear how long it will last.
The market is on a relief rally, after being beaten by some hawkish Fed communication earlier last month and it's unclear how long it will last.
Generative AI could prove useful for everyone from the hedge fund trader to wealth managers to retail investors.
Even if CPI was to stabilize at this level and not fall more, Fed rates are already appropriate. The hiking cycle is done for good.
Business Insider listed Toggle AI as one of the most promising risk and compliance fintechs according to top VCs in 2023.
Toggle users now have access to TradeStation’s brokerage services and the ability to seamlessly execute trades through an API connection right from our platform
Toggle AI was listed as one of Business Insider's 54 up-and-coming fintechs transforming Wall Street and the way consumers invest according to top investors.
While financial firms worldwide already use machines to speed up how they invest and train employees, the scope of companies using AI is widening.
The report is one more nail in the coffin for the September rate hike. Fed fund rates are already at a level commensurate with the current level of inflation.
Toggle CEO Jan Szilagyi talks about how the bank rating cuts are 'consistent' with recession fears on Mornings with Maria.
Everyone is talking about AI's potential. Everyone is signing up for ChatGPT, and trying it as an investment advisor, travel agent or a spiritual shaman
Artificial intelligence tools are in high demand across Wall Street, drawing the attention of regulators and critics alike.
Recent innovations in artificial intelligence might allow customers, in search of a perfect expression of their investment preferences, to bypass ETFs entirely
Jan Szilagyi discusses what generative and predictive AI mean for financial firms in Wall Street and around the globe with Bloomberg
Relying on AI for financial advice remains some time off, but Sette is clearly bullish on the progress already made.
There will be an opportunity to get into some of these stocks at probably better levels than you’re at now. It is just the nature of markets.
AI will not replace humans but will instead empower traders to ask more in-depth questions, allowing them to discover hidden trends in the market
AI can help inform and speed up the processes that go into successful investing, according to Jan Szilagyi, who recently founded fintech startup Toggle AI
The cloud-based Toggle AI features in-house machine learning and natural language processing algorithms to address "the IKEA of financial information."
Generative AI tools like ChatGPT all the rage right now. Analytics firm Toggle AI is looking to use the technology to help investors.
Jan Szilagyi, CEO and founder of Toggle AI, joins to discuss artificial intelligence and how the tech can be utilized
TOGGLE AI won “Best Fintech Startup” at the 10th annual Wealth Family Report Awards!
GPT-4 is going to completely transform the advisory business because it supercharges a model’s ability to understand a user’s intent
Speculation that the central bank could cut rate towards the end of the year should be tempered by the Fed's own communication to the contrary.
Szilagyi’s team is currently at work “teaching ChatGPT how to invest—not hallucinate … [giving it] a crash course in finance,” as it states on Toggle’s homepage
With generative AI, we created something that eludes our comprehension, so taking a moment to understand these systems would be a good idea
Top players in finance continue to give tools like ChatGPT plenty of attention, he's encouraged by the rapid progress seen across large language models.
Toggle trains large language models like ChatGPT to enhance investing decisions. Here are TOGGLE's top five stock picks to buy to weather future market downside
Staying the course also signaled to the market that there isn't something ominous the Fed knows that markets may not be aware of
The Fed is still in an inflation-fighting mode and chose to use the window they have to ratchet up the rates at the slower pace compared to 2022
Jan Szilagyi was back on Mornings with Maria to discuss what's happening with the banking sector in the market and how this could impact the Fed's decision
When faced with a choice between financial stability and inflation. The Fed eventually always chose financial stability.
Jan Szilagyi was invited back onto Mornings with Maria Bartiromo to discuss the future of the banking sector, SVB, Credit Suisse, inflation, and more
TOGGLE CEO, Jan Szilagyi, said, "On a macro level, we’re currently seeing a catch-up. But that could soon run its course".
The Fed hates to flip-flop, so the bar to moving back to 50 is going to be pretty high. This is creating a period of uncertainty.
TOGGLE AI is pleased to announce a premier partnership with CapTrader. CapTrader will provide access to TOGGLE's full suite of investing tools to their users.
AI stocks have seen a surge in investor interest since ChatGPT, with little-known names like C3.ai, SoundHound AI and others enjoying triple-digit returns
Markets were expecting (hoping, praying) to get further confirmation that peak is in and decline is at least steady, if not accelerating
Markets were expecting (hoping, praying) to get further confirmation that a) peak is in and b) decline is at least steady
A big culprit for persistent inflation is shelter - so focus will be on Fed Chairman Jerome Powell's thesis that this should decline meaningfully into year end
TOGGLE CEO, Jan Szilagyi, was on Mornings with Maria to discuss AI and the future of investing after the growth of ChatGPT.
TOGGLE was awarded "Most Promising New Entrant" at the 10th annual WealthBriefing Awards in Geneva this past weekend.
Jan Szilagyi called the press conference "hawkish" because of the inflation focus. As a result, he sees a continued "standoff between the Fed and the market."
Jan Szilagyi said he is watching the tech sector carefully, and if the big tech names can weather negative earnings that would be a positive for the market
Jan Szilagyi, TOGGLE CEO, was recently on Mornings with Maria to discuss the exciting new product, WhatIF: Earnings
WhatIF: Earnings is an app with historical data points on past earnings announcements analyzed and distilled into an easy-to-use experience for investors
Most fed watchers are now betting that the Fed tops rates at 5% or under, according to the CME CME –1.03% FedWatch Tool.
Pace of job growth is still way above the speed limit. So for now the economy isn't anywhere near the kind of 'benign job growth' the Fed wants to see.
While the economy slows, Jan Szilagyi, CEO and co-founder of Toggle AI, said, it's "not slowing enough." while talking with The Bond Buyer
As a part of TOGGLE’s expanding suite of financial tools and services, TOGGLE AI announced users are now able to execute IBKR trades directly on the platform
TOGGLE AI’s award-winning suite of investing tools will now be available to all Interactive Brokers account holders free of charge through the GFIS marketplace
Toggle AI CEO Jan Szilagyi said the market was looking for a more "explicit acknowledgement" that the Fed might be near the end of its tightening cycle.
Although the Fed included a key sentence that will keep this hope alive: it was careful to point out that they remain very dependent on incoming data
Sette noted that it is not yet a done deal that investors are shifting towards a more dovish Fed. However, it's quite possible that we see a classic Fed error.
Historically, the Fed hasn't stayed tight for long. You probably had a period of 9 to 12 months before loosening monetary policy again.
The Fed could take rates up to 4.5% and 5% by early 2023. Historically, the time between the last hike and first cut is usually separated by less than a year.
After a whirlwind summer of new partnerships signed, new features built, and new users joining the community, we got to share our story on the Nasdaq tower.
The Fed seems to be borrowing heavily from the 1980s’ playbook by the legendary chairman Paul Volcker. They have a brief window to act aggressively.
The Tokyo Metropolitan Government has been recognizing financial institutions which develop and provide innovative products and services
Toggle originated from macro data struggles. We consider often overlooked factors and do our best to level the playing field among investors.
Sette confirms that by harnessing the power of ML and AL, wealth managers can stay on top of the data and answer questions like this in a matter of microseconds
Investors have flocked to the greenback because markets recognize policymakers are behind in their inflation battle.
There is a big push for more production and also a big environmental challenge to extract lithium. He discusses the demand constraints for electric vehicles.
Labor force participation ticked up to a pandemic high in July, a major win in the Federal Reserve’s battle to loosen up a historically tight labor market and tamp down on inflation.
"Powell's speech on Friday stressed that the central bank's determination to fight inflation includes sacrificing the economy, pushing it into a recession."
“We’ve built a machine that goes through all that data and taps us on the shoulder and says ‘here are some things that will probably interest you,’” he said
"Rising interest rates have been a big equity driver this year as the Fed embarked on an aggressive plan to tighten policy in the face of rising inflation but by now, markets have more or less priced in the 'inflation first' Fed stance," Szilagyi said.
Out of 500+ companies that raised Seed & Series A rounds over the past year, Will Reed named TOGGLE AI an employer of choice on this year's Top 100 list, based on mission, culture, growth trajectory, and founding leadership.
That leaves little room for the Fed to surprise the stock market on Wednesday, said Jan Szilagyi, CEO of research firm Toggle AI. Tech companies, in turn, can still turn in “quite a few negative surprises,” mostly because it takes a while before analysts lower their expectations, he said.
"Is it possible that Tesla provides a short term rally? Yes, absolutely," said Giuseppe Sette, president of the quantitative research firm Toggle.
In recommending Coca-Cola shares, Jan Szilagyi notes that they also rose during the dot-com bust and the great financial crisis.
"Homebuilders are at the core of the macro situation. The priority for the Federal Reserve is to get inflation under control. Mortgage rates have moved up with astonishing speed. Builder stocks fell 32% peak to trough in 19 tightening cycles since 1969. Comparisons to 2008 would be exaggerated at this stage," says Jan Szilagyi.
"Can the economy take it? So far, leading indicators show good readings, but we remain wary of a consumer strike," said Giuseppe Sette, president of the quantitative research firm Toggle.
TOGGLE AI and LINE Securities announced an agreement that brings TOGGLE’s investment analytics to users of LINE CFD.
While an extra 25-basis-points at this meeting “would definitely rattle that equilibrium,” said Jan Szilagyi, CEO of Toggle, “Friday’s inflation number was an unwelcome surprise to both policymakers and markets and diminished hopes for short-term relief from rising rates.”
TOGGLE CEO Jan Szilagyi joins Jill Malandrino on Nasdaq Trade Talks to discuss leveraging machine learning to distill data into management investment insights.
In broader terms, what would it take for today’s volatility to ebb? The consensus of strategists: improved economic news. Says Giuseppe Sette,“If inflation drops in the third or fourth quarter this year, volatility will come down like a rock.”
Our very own Will Jacobsen was interviewed on Money Life with Chuck Jaffe's Podcast. Check it out here!
“People forget, but Cisco was once the world’s most valuable firm,” says R.J. Assaly at Toggle AI. Assaly notes that Cisco never sniffed those highs again.
I recently caught up with Jan Szilagyi, the CEO of Toggle. Its system uses AI to pick the stocks based on quantitative analysis and machine learning.
Whereas some are rolling out innovative benefits like giving new starters paid leave before they start, or a greater say over where they work, one investment startup is going the extra mile when it comes to paid time off, offering workers $2,000 or $10,000 in equity if they take two weeks' worth of vacation.
AI goes one step further, in providing the necessary inputs to allow an advisor to not only explain what's moving the stock but also what is likely to come next.
Based on an analysis of AMC's past trading patterns - TOGGLE predicted the stock rising as high as $30, a level it touched Tuesday. Past instances of such bullish signals saw the stock overshoot its predicted price by $15 to $30 dollars.
Crypto winter offers entry points for Wall Street firms? Here are key factors shaping institutional adoption
A Duquesne Capital veteran will use artificial intelligence to help investors anticipate cryptocurrency fluctuations through his fintech company TOGGLE AI.
A former hedge-fund trader's AI platform predicts bitcoin returns will crush ethereum by 33% over the next 3 months. He explains how users of the service are beating the average stock-market investor by 18%.
TOGGLE AI announced the addition of 400 additional altcoins to its platform to give users comprehensive coverage to research novel currencies with greater confidence before making trades
TOGGLE compiled a list of tech stocks that could bounce back based on historical trends when the Nasdaq Composite plunges. We found the stocks that bounced back the most after a Nasdar selloff of more than 7% a week. Currently, Nvidia is sitting at the top of the list.
As Fed rate hikes become the dominant narrative driving markets, Toggle ran its system to identify stocks that tend to benefit from rising rates.
After a $10.5M Series A, TOGGLE has been able to accelerate user growth, expand partnerships with leading brokerage platforms, and expand...
Benzinga, a leading financial media outlet that empowers investors to navigate markets, has named TOGGLE the winner...
TOGGLE, the intelligent investing dashboard, today announced a $10.5M Series A investment round led by...
Business Insider named TOGGLE as one of the “36 consumer startups that will boom in 2021”. Read more about what makes TOGGLE standout:
With the wealth management industry continuing to expand and progress, it’s important to be up-to-date with new tools. A big change is technology that provide institutional-grade data to retail investors. TOGGLE is able to provide this information to allow institutional and retail investors alike the data and analysis they need to make the best investment decisions.
Toggle, a provider of next-generation data analytics for discretionary investors, will be adding the PRS Group’s comprehensive suite of political risk data.
Geopolitical and country risk is of paramount importance for many investors, yet it is difficult to find relevant data on which analysis can be done. PRS is the leading provider of quantitative Political Risk indicators. Toggle is excited to combine its cutting-edge AI with PRS’ world class data, helping market participants gauge risks and gain unparalleled insights.