On: Is technical analysis just stock market astrology?

[its_ethan]

If anyone wants an almost too on-the-nose astrology/stock market analysis, check out LunaticTrader

https://lunatictrader.com/moon-cycles-in-the-markets/

https://lunatictrader.com/performance/

[zer0tonin → its_ethan]

I had not seen the blog when writing the article. I think it's basically the same strategy as what I have backtested. I run the backtest on QQQ since this blog seems to be focused on the nasdaq and it's about the same: 0.20% CAGR and 0.07 sharpe.

I don't know why they are somehow focused on counting green days vs red days, as most of today's market volatility is outside of the trading hours.

[chewz → its_ethan]

also worth checking

https://github.com/financial-astrology-research

[jack_pp → its_ethan]

So then the astrologists are right, the phases of planets really do correlate to human behaviour