Category Archives: Market Statistics

Stock Market Autocorrelation Turns Negative

After almost a year, the 1-lag, 252-day autocorrelation of daily S&P 500 simple returns has turned negative.

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The Best Stock Market Indicator Is Financial Media Competition For Clicks

The frequency of articles in the financial media and blogosphere with calls for a stock market collapse is often a good indicator of a bullish market. This year there were numerous such articles about the Soros put, Marc Faber and Brexit. … Continue reading

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It’s The Market Conditions, Stupid

There is plenty of analysis in the financial blogosphere that purports the idea that August and September are unprofitable months and investors should sell at the end of July. This is the result of sloppy analysis and selection bias.

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Another Rare Pattern Just Formed in S&P 500

In the last two years the market has formed some very rare patterns, including the longest consolidation channel in its recent history, a record period with no back-to-back gains and some rare intraday reversals. The latest rare pattern is related … Continue reading

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When Did The Bull Market Begin?

Permabears complain constantly in social media that this is the longest bull market in stocks for over six years. This is a way of justifying their wishful thinking. When did the bull market really begin? Let us think about it.

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Johnson & Johnson New All-Time Highs

The stock of Johnson & Johnson (JNJ) rose 1.7% yesterday to all-time highs. Earlier this month StockTwits asked its subscribers what their pick would be if they had to invest in just one American stock. I replied with JNJ because I … Continue reading

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Stock Market Bears On The Run

Despite calls for a 15% to 25% correction, this stock market has shown resilience, ignoring geopolitical and financial risks. Bears are on the run and permabear analysts are busy deleting gloom and doom tweets from the past. In a period … Continue reading

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