Tag Archives: $DJIA
This price action anomaly re-emerged strong after fading away for a while. Below are specific large caps and ETFs, including backtests, of this anomaly year-to-date. For access to premium content, you must be a subscriber. Please login if you are … Continue reading
We now have sufficient history to allow us getting an estimate of the probability of a large drawdown in U.S. stock indexes. Below are the results and our conclusions. For access to premium content, you must be a subscriber. Please … Continue reading
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.
The average RSI(14) of Dow 30 stocks fell from a high of about 69 to a low of 34 in six days. This is a violent correction but at the same time it offers hopes of partial recovery at least … Continue reading
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.