Opening The Calendar Week Amongst Novel Ideas

*  Here are 3 charts that I purpose to rails need too provide inward the wide stock market.  I decompose the fourth dimension serial for the NYSE TICK (number of stocks upticking vs. downticking at each instant of the trading day) into a stair out of Buying Pressure (top chart; a stair out of upticks); Selling Pressure (middle chart; a stair out of downticks); too Balance (bottom chart; the daily internet of upticks vs. downticks).  In recent sessions, we’ve seen relatively restrained buying involvement too also relatively restrained selling.  This is typical of depression volume, depression volatility markets.  On a internet basis, we’ve by too large seen to a greater extent than buying than selling pressure level too stocks accept drifted toward their highs over this period.  This is equally much due to a relative absence of sellers equally the positive presence of buyers.  Institutional players–those that movement book equally buyers or sellers of baskets of stocks–have been serenity of late, creating few surges of either buying or selling activity.

*  When academic reviewers took a await at the profitability of traders, they were shocked past times how piteous the results looked.  active fund managers equally a grouping neglect to outperform their benchmark indexes.  In fact, managers inward every category neglect to outperform.  You would intend that one-half would outperform past times sheer chance.  As the article emphasizes, however, the odds of such across-the-board underperformance occurring past times run a jeopardy are ridiculously small.  It’s non that managers lack a positive edge.  They truly seem to accept a significantly negative one.

*  It’s real hard to non honor adept posts on the Quantocracy site.   

*  It’s also real hard to non honor something adept inward the weekly transcend clicks at Abnormal Returns, including an unusually adept report of moving average rules–what industrial plant too doesn’t work.

The $STUDY flow from Stock Twits invariably contains some gems.

*  Here are some coming resources from Adam Grimes, including a primer on how to report markets alongside quant tools.

 *  Great shipping service from SMB on what golf game teaches us close trading.

Have a corking commencement to the week!


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