Tag Archives: $DJIA
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%.
A frequently asked question about DLPAL LS is about the cluster choice. Below is an example of how cluster choice can affect daily results.
With 76 new all-time highs in the last 252 trading days, DJIA could be getting close of breaking the 1996 record of 82 new all-time highs. The way this market is moving, there is a good possibility the 1996 record … Continue reading
This article includes performance results for 2017 of seven Price Action Lab institutional grade, high capacity, long-only and long-short strategies for trading Dow 30 and S&P 100 stocks in daily and weekly timeframes.
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.”