Tag Archives: SPX

Delusions, Illusions And Technical Analysis

We are at the point of debating centralization versus decentralization with bitcoin and blockchain at center stage. Despite that there is a lot of delusional analysis about the markets that is free or even on subscription basis.

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Lessons From The October 1987 Stock Market Crash

A few charts and lessons from the most dramatic crash in the history of the stock market, actually a 25-sigma event as shown below.

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S&P 500/VIX Correlation And The Perils Of Visual Charting

Another indicator of market tops surfaced yesterday: When the 10-day correlation between the S&P 500 and VIX is positive, then this indicates a price top. The problem is that this does not work in practice unless one is just a … Continue reading

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An Example Of How Technical Analysis Has Misled Traders

Technical analysis has been a major cause of trader failures along with account undercapitalization. Here we show briefly how untested technical analysis claims about overbought/overbought conditions have misled traders into unprofitable trading.

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False or Irrelevant Claims About The Markets A Growing Trend

False and irrelevant information about the markets dominates social media because most people are probably unwilling to share valuable information.

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S&P 500 – SPY Divergence Due to Dividend Distribution

On Friday, September 15, 2017, the S&P 500 gained 0.19% but SPY fell 0.4% due to payment of a $1.235 dividend. This divergence does not show on the adjusted SPY chart but if the unadjusted chart is used, there can … Continue reading

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