Tag Archives: DIA
The Dow Jones Industrial Average has made a high within 0.5% of the 20,000 level 21 times in the last 28 trading days. This is amazing persistence. Will this persistence be rewarded and what could it mean for the broader … Continue reading
Yesterday, the Dow Jones Industrial Average gained 0.17% but the S&P 500 fell by about the same amount. Divergences in the returns of these two indexes occur about 10% of the time in daily, weekly and monthly timeframes and they … Continue reading
Variations in the results generated by different backtesting platforms are common. In this article, I compare year-to-date backtesting results from Amibroker and Quantopian for a robust strategy that was machine designed by Price Action Lab software a few years ago. … Continue reading
Last Wednesday a 50/200 golden cross occurred in the adjusted DIA chart and a new all-time high close occurred on the following day. However, the unadjusted chart paints a different picture: No golden cross and no all-time high close.
I call common patterns those that form in one or more securities that belong to a pre-defined group but are profitable in the history of all securities in the group. Here I discuss short signals received for the open of Thursday, August 16, … Continue reading