When your calendar hits October you know it's time to shop.
Christmas, Hanukah, and the New Year are just around the corner and the tech companies know it.
They dedicate millions to advertising and sales promotions, trying to get you to buy the latest and greatest (and expensive) toys.
As long as the Holidays are celebrated, there's likely to be an end-of-the-year surge in tech companies' incomes.
As long as schools teach the same (outdated) materials in Finance courses, then investment banks & funds will continue to pay attention to earnings reports.
Sometimes, the simplest signal is the best signal.
If you trade stocks (or derivatives with brick & mortar underlying), then check if your strategy can beat a simple seasonality test.
If you're not outperforming your Calendar, then it's time to incorporate seasons into your trading and shelf your favorite strategy for the rest of the trading year.
Happy Trading,
EFX
Christmas, Hanukah, and the New Year are just around the corner and the tech companies know it.
They dedicate millions to advertising and sales promotions, trying to get you to buy the latest and greatest (and expensive) toys.
As long as the Holidays are celebrated, there's likely to be an end-of-the-year surge in tech companies' incomes.
As long as schools teach the same (outdated) materials in Finance courses, then investment banks & funds will continue to pay attention to earnings reports.
Sometimes, the simplest signal is the best signal.
If you trade stocks (or derivatives with brick & mortar underlying), then check if your strategy can beat a simple seasonality test.
If you're not outperforming your Calendar, then it's time to incorporate seasons into your trading and shelf your favorite strategy for the rest of the trading year.
Happy Trading,
EFX
Need Indicators/Strategies for TradingView? -> t.me/pinescripters_jobs
General questions about Pinescript? -> t.me/pinescripters
General questions about Pinescript? -> t.me/pinescripters
