Today is the day you can take advantage of finding patterns in QUARTERLY data by looking for new trends to begin at the start of quarterly time windows.
Quite often the markets run on accounting periods because portfolio managers want to "dress up" their portfolios for quarter-end and then "undress" them at the start of the new quarter, or get aggressive in a new market.
New quarters are like the first day of "schools out for summer" in the eyes of portfolio managers.
This is the time to really stay focused and watch what is moving and figure out the story of why and see what is moving out of rhythm.
Enjoy using Multi-Time-Period-Charts, which are MTPC. You can set them to daily, weekly, monthly, quarterly ranges and change the colors to anything you want. Red in this example means a lower close versus the open. Green is a higher close than the open. If you can't see red/green, then change the colors to something else.
Cheers,
Tim
9:04AM EST 4/1/2016
Quite often the markets run on accounting periods because portfolio managers want to "dress up" their portfolios for quarter-end and then "undress" them at the start of the new quarter, or get aggressive in a new market.
New quarters are like the first day of "schools out for summer" in the eyes of portfolio managers.
This is the time to really stay focused and watch what is moving and figure out the story of why and see what is moving out of rhythm.
Enjoy using Multi-Time-Period-Charts, which are MTPC. You can set them to daily, weekly, monthly, quarterly ranges and change the colors to anything you want. Red in this example means a lower close versus the open. Green is a higher close than the open. If you can't see red/green, then change the colors to something else.
Cheers,
Tim
9:04AM EST 4/1/2016
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