$MMC Who the Hell are these Guys?
Equity Spotlight
Genuinely no idea!!
Top green circle teeny tiny number in the top right…
For the backtest window MMC spends 73% of its time trading above zero on those wiggly lines at the bottom.
Simply when it trends it trends higher.
Bottom green circles when my measure of signal strength is very low across all timeframes we have trigger_9b which is a short hand way to say some numbers got to some combination of values which in the past have been important.
This is interesting MMC is so trendy that this trigger very rarely occurs!
Looking at the max returns 20-35% might be on the cards.
Who knows!
Trigger_3 also “popped off” which is a options derived measure of selling pressure.
Trigger_4 which is a negative momentum measure also triggered.
It’s trendy it’s QQQy.
Bottom triggers might not be the best bet perhaps we need to wait for continuation triggers for confirmation of trend. Perhaps MMC is a plain vanilla hold the underlying trade.
Who knows?
Here are some people that at least look like they know what they are talking about!
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