Tag Archives: DIA
The 10-month win streak in the Dow that ended last month was the longest since 1959 but at the lowest return in the last 104 years. Some key statistics are included.
Some pundits and financial media analysts get too excited about a 150 drop in the Dow because of cognitive biases and failure to adapt to recent conditions.
DLPAL LS results as of the close of Friday, January 12, 2018, point to a reversal in short-term directional bias after nine trading days this year with DJIA gaining 4.38% and S&P 500 up 4.21%.
Validation of trading strategies is important for minimizing probability of Type-I error, or false discoveries. Below is an example of how to quickly validate strategies developed with DLPAL S on correlated but more importantly, anti-correlated securities.
My New Year’s resolution is to stop listening to biased analysts. Here is a brief recap and a recent example of an “ominous indicator.”