Monthly Archives: December 2012
This is the time of the year when performance statistics are published in the blogoshpere. One of the parameters reported is the arithmetic 1-year return for stocks, commodities, currencies, funds, etc. But what return? The details of the calculations are usually left out. Here is … Continue reading
The Australian S&P/ASX 200 index and the Singapore Straits Times index have both entered overbought territory. Although as of the close of Friday both indices were up substantially on a YTD basis, 2-year returns are still negative. The probability of a correction … Continue reading
A scan of historical data of 12 popular ETFs produced one long signal for entry at the open of Friday, December 28, 2012, with profit target/stop-loss of 2%. The pattern that generated the signal performed well when backtested on the portfolio of the 12 … Continue reading
Although trading during this time of the year is usually slow, some opportunities emerge once in a while. A Price Action Lab scan of S&P 100 stocks for high probability setups for entry at the open and 2% profit target and stop-loss generated … Continue reading
The fundbusters team includes your familiar quant blogger, your local college professor and everyone else who can identify an edge and publish the results in a journal or in the blogosphere. As fundbusters get satisfaction from publishing edges rather than from using … Continue reading
I took the crystal ball out of the closet and here are my predictions for 2013.