Do Not Trade at the Open?
April 16, 2010 - Calendar Effects
“Does it really help to wait a half hour (or whatever) before trading?”
April 16, 2010 - Calendar Effects
“Does it really help to wait a half hour (or whatever) before trading?”
April 16, 2010 - Animal Spirits, Fundamental Valuation
…The Little Book of Behavioral Investing is a broad survey of behavioral biases and countermeasures as related to financial markets, especially for value investors. The self-awareness espoused may be as important to successful investing as valuation methods.
April 15, 2010 - Individual Gurus - Guru Accuracy: 32%
As requested by a reader, we evaluate here Steven Jon Kaplan’s commentary at True Contrarian since May 2002 (the earliest listed before a 5/22/11 reset that discarded posts prior to 5/18/11). Steven Jon Kaplan states that “each issue will feature my intermediate-term financial outlook, my long-term financial outlook.” The table below quotes forecast highlights from the… Keep Reading
April 14, 2010 - Equity Options
“Are you aware of research on the before and after impacts of company earnings releases on option prices?”
April 14, 2010 - Technical Trading
…evidence suggests that long-term investors may be able to boost net Sharpe ratio by using high-frequency signals to make trade-or-delay decisions at each scheduled portfolio rebalancing.
April 13, 2010 - Economic Indicators
…evidence from several simple tests does not support a belief that increases in interest rates reliably predict low returns for utilities based on horizons of a few weeks, months or quarters. If anything, results suggest that increases in short term rates might relate to good returns for utilities some months hence.
April 12, 2010 - Individual Gurus, Technical Trading
…evidence from simple tests on a sample of limited duration indicates that John Lee’s trades are profitable so long as trade size is reasonably large (so that transaction fees are percentage-wise small). Estimating portfolio-level performance would require additional assumptions and modeling.
April 10, 2010 - Individual Gurus
…there is not enough public information on FibTimer or financial media sites to support due diligence on the investment performance of Frank Kollar’s advice.
April 9, 2010 - Sentiment Indicators
…evidence indicates that a high level of investor sentiment during a bull market may be a useful predictor of low future returns for speculative stocks. Sentiment has little or no power to predict returns during bear markets or for non-speculative stocks.
April 8, 2010 - Individual Investing
Several readers have proposed that one can bypass trading frictions…