TRADING QUESTIONS TIGER CAN ANSWER FOR YOU
(C) 2015
William Schmidt, Ph.D. www.tigersoft.com
===========================================
#1
What Is the Short-Term Significance of
A
Strong or A Weak Opening
in
A Given Stock, ETF, etc?
Don't
be fooled by a strong or a weak opening.
With
many stocks, the openings are traps for
the
more emotional and for the broader Public.
But
not always. Read more...
PEERCOMM + 2015 Graph +
Daily Stocks + Symbol
+ INDIC 3 +
STATISTICS: Trading Opening Strength
A table like the one below is generated for your stock based
upon the last year's data on file.
Amount the Opening
Number
Closing's
Avg. Pct. Change
is Up or Down from
of
Pct Change
from Opening
the Previous Close
Cases
from Opening
--------------------------------------------------------------------------------------------------------------
>.02 (2%)
16
.438
(43.8%) -.0021 (-0.21%)
Typically
a decline
follows
such a strong
opening.
.015 to .02
19
.536
-.0055
(-0.55%)
Though
there a rally more
frequently
occurs, the avg. decline
from
the opening to the close
is
relatively large, more than -1/2%.
.01 to .015
25
.52
-.0007
.005 to .01
43
.58
.0011
0 to .005
53
.585
.0027
very
high probability
of
prices continuing moderatly higher.
---------------------------------------------------------------------------------------------------------------------
0 to -.005
53
.60
-.0023
-.005 to -.01
35
.476
-.0033
Odds
favor a continuation in lower
prices.
-.01 to -.015
20
.70
+.0031
Rebound
must be expected.
-.015 to -.02
5
.40
-.0136
Continuation
much lower is probable.
<-.02
12
.583
+.0093
Rebound
is likely.
#2
Where Should Your Stock
Open Tomorrow
if
It Is Typical for the last 21 days of trading?
(You
might want to sell it to advantage. Or
buy
iot cheaply.)
PEERCOMM + 2015 Graph + Daily Stocks + Symbol
+
INDIC 3 + STATISTICS: Trading Openings/Closings
Also
look at the new 6 month Tiger charts that show
bands
around a 5-dma and let you study volume more
closely.
Short-term traders should probably abide by
the
direction of the 5-day ma using bands and volume, too.
#3 Where Should Your Stocks Open and Close
Tomorrow
based on the Day of The Week?
What
Is the Best Day of the Week To
Day
Trade Your Stock?
PEERCOMM + 2015 Graph + Daily Stocks + Symbol
+
INDIC 3 + Day of The Week
#4 If Your Stock Has Risen, say, 4 days in A
Row,
What Are the Odds of One
More
Day of Gain? What Is The
Avg.
Percent Gain for The Last Year
in
This Situation?
PEERCOMM + 2015 Graph + Daily Stocks + Symbol
+
Operations + Streakiug Probability
#5 Is Your Stock Most Likely To Be Strong
or
Weak at the Opening or The Closing?
Is
Your Stock's Opening Power Rising?
Is
your Stock's Closing Power Falling?
or
vice verse. The pattern here will help
you
determine when during the day to buy
or
sell your stock. Are you tired of having
the
stock go down right after you buy it?
PEERCOMM + 2015 Graph + Daily Stocks + Symbol
Inspect your's stock's chart. At the
upper right,
you
see how often the stock has opened higher
in
the past year and often it closed up or down
from
the opening. Below this, you will see a notation
that
the Public is buying when the Openings have
been
consistently positive for the last month. And
you
will see a note showing that closings have been
|
above
the openings regularly for the last month
when
you see the chart say that Professionals
are
net buyers and the Closing Power is above
its
21-day ma.
#6 You want to day trade a stock. Should you
buy
or sell it short early in the day? Is there
more
risk or reward, based upon subsequent
highs
and lows? Inspect a Tiger's charts
Day
Traders' Tool. Is the DTT falling
and
below its 21-dma, Sell short. See the example
below.