Suri Duddella is author of surinotes.com and has been a private trader for the past 25 years, using his proprietary mathematical and algorithmic and pattern recognition models. He was a founder of a financial research and analysis company from 1998 to 2005 specializing in financial modeling, research/analysis, and technology architecture for financial Institutions, investment research, and investment media companies. Mr. Duddella's research has been reviewed and featured in Forbes, Barron's, Active Trader, Stocks and Commodities, TRADERS' magazine (Germany), Traders Journal, and Washington Business Journal.
The surge of cryptocurrency and blockchain technologies has gained popularity in the investor world in 2020 and 2021. Many of these stocks have achieved triple-digit returns in 2020 and trading in parabolic arc patterns, states Suri Duddella of suriNotes.com.
In 2020, the Utilities Select Sector SPDR ETF (XLU) had underperformed the S&P 500 Index ETF (SPY) by posting a -2.97% loss compared to the SPY (16.16%), states Suri Duddella of suriNotes.com.
During the 2020 coronavirus pandemic, cruise-company stocks have suffered as most sailings have been canceled. After vaccine development, investors are expecting a potential economic recovery helping a recovery in travel stocks, including cruise-line stocks, states Suri Duddella of suriNotes.com.
After performing well in 2019, banks have underperformed the S&P's key sectors in 2020 due to the coronavirus and weakened economy, states Suri Duddella of suriNotes.com.
When creating automated trading systems there are many risks that must be accounted for. Suri Duddella discusses the numerous risk that a trader must account for before going live