How Can You Profit When Using "Turn Around Tuesday?"

7/4/2016

Have you ever heard about or used this tip regarding Tuesdays in the financial markets? Several of our subscribers have not, so we prepared this video just for you. Please click on the video below.

Ken

7/5/2016 05:03:49 am

Hi Joe -

I've heard about the concept of not trading on Mondays (Harvey Baraban, AAII San Francisco), though the rationale was not explained. Your explanation and phrase for it (TurnAround Tuesday) not only makes sense, but gives it a nice ring. That said, and to be fair to "other side," I've also read that statistically it makes no difference what day of the week one trades (Andreas Clenow, Stocks on the Move). The divergence in opinions I chalk up to different styles of trading: If one is a day or swing trader, one's trades are more sensitive to daily fluctuations, If one holds on to stocks a little longer (Andreas is a momentum trader), a day's volatility is less important.

Regarding your MAs and indicators, I for one would be very interested in hearing about them when you're ready to explain those for your subscribers.

Thank you for all you do,

Ken

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