Monthly Archives: February 2013
Speculators who rely on naive analysis of price action were hit hard yesterday. In the case of the DIA, HFT algorithms got the speculators both sides. In the case of TLT shorts were shaken out. This is how professionals make money … Continue reading
The double inside day in the daily GLD chart shows short-term indecision from the part of market participants. This pattern is analyzed here for a significant directional bias.
Despite the fat tails and especially the one on the left side that includes one very rare event and a few other not so very rare, the distribution of S&P 500 daily returns is as good as it can get in a … Continue reading