Are trending stocks that open strong likely to outperform trending stocks with a weak opening?

Discussion in 'Technical Analysis' started by ms33, Jun 12, 2024.

  1. %%
    Good trending ETFs , yes;
    but that's over a medium or long term time.
    777] May work/ strength adds to strength, but only on 5 days , but much more slop with only 5 days.
    888]:D:DGood gaps help but exhaustion gap -key reversal , not that day in hindsight LOL.
    Growth stocks beat value so much/ unless you are W Buffet LOL
     
    #11     Jun 12, 2024
  2. 2rosy

    2rosy

    define trending, strong, weak. then trivial to test
     
    #12     Jun 12, 2024
    murray t turtle likes this.
  3. %%
    Good + excellent;
    and if someone cant beat a benchmark like SPY for many years/ an open price or ANY stock picking will not help much @ all.
    .
    777]Close price may help more more /by then all have voted , including Mr brown, post #4 + me.
    888} I was surprised @ some of my daily gains in single stocks; but over 50 days how much better SPY .SSO,QLD...... did much better, some swing + daytrades.
    {-666-}And single stocks have a ,lot, a lot of risk I know a single stock could gap down on me -50%; that never happened to me but it could have+ did in the past with some
    .Have to make 100%+ just to break EVEN:caution::caution:
     
    #13     Jun 12, 2024
  4. jnbadger

    jnbadger

    No, I completely agree. I think you're approaching it the right way. But there's something about doing your own back testing and research in addition to that which allows you become even more immersed in the process.

    But yes, ask all the questions you need to. That's just as important.

    I don't think I came across as I wanted to.
     
    #14     Jun 13, 2024
  5. ms33

    ms33

    Backtesting it now on TradeStation.
     
    #15     Jun 13, 2024