Category: Technical Analysis

Average Daily Return

A different way to approach breadth is to look at the average daily return over a period. The charts below use a month to assess market strength over that period. Both the Dow & S&P 500 had their best January in the last 13 years. In fact, the SPY had its 17th best month of

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Fun With Data

I’m a firm believer that an edge can be created through simple data analysis. I further believe that the rarer the data the better the edge. You can also take common data and create different or unique ways of looking at it.  As an example, here’s a different way to approach widely available put &

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A Twist On Breadth

There are many indicators that we as market participants can use. So many in fact that some become overwhelmed in their search for the “holy grail” of indicators. What matters most when choosing an indicator is whether or not it improves your trading. Here’s a quick tip. Put an indicator on a price chart of

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Trade Metrics and Drift

As we approach the end of the year it is common for many traders to review their yearly performance. Most use an equity curve but those that want to improve upon what worked in 2010 take it beyond the basics. I’m talking about performing an analysis of the trade data to see where your strengths

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