Quantifiable Edges | Assessing Market Action With Indicators & History

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Quantifiable Edges Overview

Quantifiable Edges has been publishing quantitative research, systems, and trading ideas since 2008. We utilize technical analysis concepts and quantify them in a way that allows traders to determine the edge that was provided in the past. Breadth, volume, sentiment, volatility, Fed-induced liquidity, seasonality, and price action are all used to assess market conditions. Gold and Silver level subscribers are led through Rob Hanna’s interpretation of the data in a simple and complete manner via the nightly and weekly subscriber letters. Gold subscribers also have complete access to our subscriber area, which includes the Quantifinder, Seasonality Calendars, custom charts, trading systems (with code), special research, and more.

Both private and institutional traders have taken advantage of the vast tools and studies that have been developed over the years. Some of the most popular indicators include the Quantifiable Edges Capitulative Breadth Indicator (CBI) and the Aggregator. Quantified research related to Fed policy and action around Fed Days is available. Subscribers also have access to the full archive of letters back to 2008, which include thousands of original studies.

Additionally, Quantifiable Edges provides unique courses for longer-time market timing and quant-based swing trading. Both self-paced courses include detailed market research, and show traders how to take advantage of it. They also come with supporting software for those traders interested in furthering the research and ideas on their own.

Beginner, advanced, and institutional traders have all taken advantage of the research, teachings, and tools provided by Quantifiable Edges since 2008. Free trials to the gold subscription service are offered with just name and email required. You may follow Quantifiable Edges on Twitter (@QuantifiablEdgs), Facebook, LinkedIn, or receive blog posts and updates from Quantifiable Edges directly to your email.

Action After Strong Friday Selloffs

Posted on November 28, 2021 by Rob Hanna

Today’s study is one of several that will be appearing in the Quantifiable Edges Subscriber Letter in a few hours. Quantifiable Edges Black Friday sale has been extended through Cyber-Monday. Act now to take advantage. After Monday – its gone.

Black Friday was a tough one for the market, with the major indices all closing down over 2%, and the VIX spiking over 10 points to close at 28.62.

Big drops on Fridays can be interesting. Both the Crash of ’29 and the Crash of ’87 happened on Monday. The Crash of ’87 is still remembered by some traders that are active today (though it is getting less and less each year). In 1987, there was a strong selloff on Friday and then all hell broke loose on Monday. But since then, strong Friday selloffs have commonly been followed by bounces in the following days. Perhaps this is due to the fact that fear of a crash causes what might otherwise be an ordinary selloff to become exaggerated and overdone on Fridays. Or perhaps it is just that people don’t want to hold over the weekend. Whatever the reason, the tendency to bounce has been strong. The study below is one I have showed for over 10 years. It defines a strong selloff as more than 1.5x the recent (20-day) average true range.

The numbers here are all very impressive and suggest a strong bullish bias. Below is a look at the 6-day profit curve.

This edge has asserted itself for a long time.

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Quantifiable Edges 2021 Black Friday Sale is on!

Posted on November 25, 2021 by Rob Hanna

We have decided to bring Black Friday back to Quantifiable Edges this year. We rarely have special sales at Quantifiable Edges, and have not had any since last year, so if you have been thinking about a subscription, or the Swing Trading Course, now is the best opportunity you’ll see for a long time. Check out our best offers below to start trading with a Quantifiable Edge!

Quantifiable Edges Gold Annual (with access to the Market Timing Course) – $875 for the next 13 months! That is $655 savings versus a monthly subscription and a separate Market Timing Course purchase! After the initial 13-month period, subscription will renew at the annual rate of $1000.

Quantifiable Edges Swing Trading Course –$455 off. Down from $950 to $495! Created in 2019, this is the lowest price ever offered for our highly rated course that teaches a quantified approach to swing trading.

The Quantifiable Edges Black Friday sale won’t last long, and it won’t be back for another year. To take advantage, simply use the link below now to sign up.

https://quantifiableedges.com/subscribers/signup/black

A Consolidation After A New $SPY High

Posted on November 24, 2021 by Rob Hanna

The range over the last week has been very tight. Every SPY close in the 5 days since 11/16 has been within the intraday range of that 11/16/21 bar. It is said that consolidations are often resolved in the direction of the trend. This guideline suggests that we’re more likely to see another leg up from here than a breakdown. The study below tests this concept. It was last seen in the 11/15/19 letter and has been updated.

It certainly appears to confirm the old technical adage. Results favor the long side over the immediate 3-day period and they are even more impressive when looking out 8 to 10 days. I will also note that the last 12 instances, dating back to January of 2007, have all closed higher 3 days later.

Have a great Thanksgiving, and keep an eye out for the Quantifiable Edges Black Friday sale!

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Another Look At Thanksgiving Week

Posted on November 19, 2021 by Rob Hanna

Note: Next week I will be having the annual “Black Friday” sale, which is the only sale I run during the year. If you think you might be interested in a subscription, then now might be a good time to take a free 1-week trial and see if Quantifiable Edges would be helpful for you.

The time around Thanksgiving has shown some strong tendencies – both bullish and bearish. I have discussed them a number of times over the years. In the updated table below I show SPX performance results based on the day of the week around Thanksgiving. The bottom row is the Monday of Thanksgiving week. The top row is the Monday after Thanksgiving.

Monday and Tuesday of Thanksgiving week do not show a strong, consistent edge. But the data for both Wednesday and Friday looks quite strong. Both of those days have seen the S&P 500 rise at least 70% of the time between 1960 – 2020. The average instance managed to gain about 0.3% for each of the 2 days. (This is shown in the Avg Profit/Loss column where $300 would equal a 0.3% gain.) That is a hearty 1-day move. Meanwhile, the Monday after Thanksgiving has given back a good chunk the gains that the previous 2 days accumulated. It has declined 66% of the time and the average Monday after Thanksgiving saw a net loss of 0.32%.

In 2018 I gave a few more thoughts on the Wednesday edge and the importance of Tuesday’s action for Wednesday.

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Webinar: Considerations For Combining Models

Posted on November 10, 2021 by Rob Hanna

Date and time: Thursday 11/11/2021 at 4:15pm EST & Saturday 11/13/2021 at 11:00am EST

Duration: 30-40 minutes + Q&A

At Capital Advisors 360, I manage some composite portfolios that include several different models I have developed over the years. Using a couple of the models I trade as examples, I will share several of the factors I consider when determining what models are likely to work well together. I will look at factors such as correlation, exposure levels, drawdown timing, and more. Traders should be able to take away some ideas on how to determine whether their own strategies are complimentary, and what to look for when considering additional strategies for their portfolio.

If you would like to register for the webinar, to make sure you receive a recording, you may do so here.

Otherwise, you may use the link below to simply join the webinar at the set time:

Online Meeting Link: https://join.freeconferencecall.com/robh60

Once signed in, click on the phone icon:

Then choose “Mic and Speakers” or “Computer Audio” and you should be able to hear everything through your speakers/headset.

Alternatively, you may use the dial-in info below if you wish. Please note it is not a toll-free number.

Alternate Dial-In Info:

Dial-in number: (605) 313-5497(U.S.)

Access Code: 181851#

International Dial-in Numbers: View List

A recording will be made available by Sunday afternoon for anyone that registers for the webinar.