Unusual situation developing. The Nasdaq Composite is up nearly
3%, with fewer than 55% of issues advancing. All 5 precedents
according to SentimenTrader occurred between 1999-2001.
If we reduce the hold time, we get one more instance (because it
otherwise excludes overlapping signals). Note that all of them
showed a positive return either 1 or 2 months later, but those
1-year returns were
Jason Goepfart
Posted by steve on 22nd of Feb 2024 at 04:14 pm
Unusual situation developing. The Nasdaq Composite is up nearly 3%, with fewer than 55% of issues advancing. All 5 precedents according to SentimenTrader occurred between 1999-2001.
If we reduce the hold time, we get one more instance (because it otherwise excludes overlapping signals). Note that all of them showed a positive return either 1 or 2 months later, but those 1-year returns were
whoa.. interesting stats Steve, thanks
Posted by greggone on 22nd of Feb 2024 at 04:28 pm
whoa.. interesting stats Steve, thanks for sharing..