“There’s no talent here, this is hard work. This is an obsession. Talent does not exist, we are all equal as human beings. You could be anyone if you put in the time. You will reach the top, and that [is] that. I am not talented, I am obsessed.” – Conor McGregor
Don’t forget to check out our latest weekly outlook video; as we discussed, action in the DXY is going to be a key driver this week. We will be discussing this in detail today along with recent action in Crude and Bonds…
In case anyone missed all the discussions about equity performance outside of regular training hours, this is a good recap. We live in truly exceptional times…
1/2 Remarkable: Since 1993, if you bought SPY on open/sold on close each day, return would be -5.2%…but if you did opposite & bought on close/sold on open next day, return would be 568% (meaning more than ALL performance came in after-hours trading) Source: @bespokeinvest pic.twitter.com/qXayCPOWTh
— Liz Ann Sonders (@LizAnnSonders) January 18, 2018
2/2 Even looking back just over past year, more of SPY’s price move higher came outside normal trading hours…you’d be up 12.9% if you bought SPY at close/sold at open on following trading day…if you bought at open/sold at close, you’d be up only 8.6% Source: @bespokeinvest pic.twitter.com/CQjfANvQy3
— Liz Ann Sonders (@LizAnnSonders) January 18, 2018
As always, there is no substitute for real-time/live action; if you are interested in attending a daily morning call into NY with a more detailed live discussion on all the charts and ideas we highlight/review in the outlook video and here on the blog, you should check out our Daily Webinar Group.
If you are struggling or looking to speed up your learning curve, you might be interested in our Foundational Webinar Series.
Wishing you a great day ahead.