Archive for March, 2009
This is a follow up to Mark Hulbert’s post Are the Troops Leading the Generals? in which he questions the Wall Street axiom: if the troops (i.e. smaller stocks) are showing strength relative to the generals (i.e. larger stocks), the generals will follow. In this post I want to show that in longer timeframes this axiom is [...]
Filed under: Trading Strategies | 3 Comments
GS’s Bull by Night, Bear by Day
In case you missed it, a Bloomberg article (hat tip Carlos) discussing a Goldman Sachs study that shows the overnight market (close-to-open) has historically been far more bullish than the daytime market (open-to-close). We covered this same issue back in July of last year (minus the fan fare). I’ll add another wrinkle that I haven’t [...]
Filed under: Stock Market Mechanics | 5 Comments
Two quick for-profit announcements: (1) strategy details have been moved to MarketSci.com, and (2) Scotty is now available for subscription. Strategy Details Moved to MarketSci.com MarketSci.com is now the official home for all of the MarketSci-affiliated strategies (rather than just the original MarketSci strategy). You’ll still find summary information here at the blog on the [...]
Filed under: Random Stuff | 5 Comments
This is a final follow up to our recent discussion (here and here) about the likelihood of big up/down days in bullish and bearish markets. In this post, I want to show what the savvy among us should already know, that the market tends to fall much quicker than it rises. In my previous two posts, I’ve been using the [...]
Filed under: Stock Market Mechanics, VIX & Volatility | 4 Comments
RH Hammered
In a recent post I shared a presentation (click to download pdf) that Scott Daly of Comprehensive Capital Management has provided for the RH Strategy. In the interest of maximum transparency, I wanted to make clear to readers that the RH strategy is getting absolutely hammered this month. It has breached its previous real-time max [...]
Filed under: Random Stuff | 14 Comments
