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Chart of the Day: Smart Money Checkup

 
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JoeClark


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PostPosted: Thu 12 Oct - 12:55 (2017)    Post subject: Chart of the Day: Smart Money Checkup Reply with quote

The “Smart Money Indicator” suggests that the “smart money” trades at the end of the trading day once all of the day’s events have shaken out, while the “dumb money” trades at or near the open in reaction to the day’s news. We like to track the intraday action of the market over time. While we’re not totally on board with the “Smart Money” theory, we do like to see the market finishing the trading day strong. Buying in the final hour or two of the trading day means investors are comfortable owning shares overnight. A market that opens up strong and then drifts lower throughout the trading day is one we’d prefer to avoid.
Thanks

I didn't find the right solution from the Internet.

References: https://stockaholics.net/threads/the-stockaholics-chart-of-the-day-thread.4…

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PostPosted: Thu 12 Oct - 12:55 (2017)    Post subject: Publicité

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