Consecutive Up or Down Days, NASDAQ 100 Edition
Just a short post today. Jack Damn has been tweeting about consecutive up/down days lately, which inspired me to go looking for a potential edge. The NASDAQ 100 has posted 6 consecutive up days as of yesterday’s close. Is this a signal…
Closing Price in Relation to the Day’s Range, and Equity Index Mean Reversion
The location of the closing price within the day’s range is a surprisingly powerful predictor of next-day returns for equity indices. The closing price in relation to the day’s range (or CRTDR [UPDATE: as reader Jan mentioned in the comments, there…
Tuesday’s QQQ Move and Equity Index Mean Reversion Worldwide
Tuesday saw QQQ drop somewhat heavily, and for the third day in a row. These three drops took us back to mid-August levels, blowing through a ton of support levels… My mean reversion senses are tingling! So, let’s take a look…
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