Stocks & Commodities V. 25:7 (32-34): Laps And Gaps To Get Your Edge by Larry Connors and Ashton Dorkins

Stocks & Commodities V. 25:7 (32-34): Laps And Gaps To Get Your Edge by Larry Connors and Ashton Dorkins
Item# \V25\C07\131CONN.PDF
$2.95
Availability: In Stock

Product Description

Laps And Gaps To Get Your Edge by Larry Connors and Ashton Dorkins

When a stock gaps higher at the open on bullish news, will that lead to even higher prices?

When a stock gaps higher at the open on bullish news, will that lead to even higher prices? This is the question that many traders ask before the market opens. You watch the financial news in the morning and hear a list of stocks set to open higher due to positive news overnight. Then you see a live report from the floor of the exchange that shows traders gathered around the post where XYZ stock is traded. Youíre told that stock is due to open 10% higher from the previous dayís close. And itís all accompanied by a great story. If you already own it, youíre probably thinking you couldnít ask for better news. And if you donít own XYZ, you may be wondering if you should buy the stock. ButÖ In the final minutes before opening bell, you begin to recall instances in which stocks like this one actually closed lower by the end of the day. How that is possible with such bullish news?

QUICK REVIEW OF LAPS AND GAPS

Recently, we conducted new quantitative research on laps and gaps. We looked at the relationship between a stockís opening price and closing price on the previous day. To draw valid conclusions, we analyzed more than seven million trades from January 1, 1995, to June 30, 2006.




FOR THOSE ORDERING ARTICLES SEPARATELY:
*Note: $2.95-$5.95 Articles are in PDF format only. No hard copy of the article(s) will be delivered. During checkout, click the "Download Now" button to immediately receive your article(s) purchase. STOCKS & COMMODITIES magazine is delivered via mail. After paying for your subscription at store.traders.com users can view the S&C Digital Edition in the subscriber's section on Traders.com.




Take Control of Your Trading.
Professional Traders' Starter Kit
All these items shown below only $299.99!
  • 5-year subscription to Technical Analysis of STOCKS & COMMODITIES, The Traders' magazine. (Shipping outside the US is extra. Washington state addresses require sales tax based on your locale.)
  • 5 year access to S&C Archive
  • 5 year access to S&C Digital Edition
  • 5-year subscription to Traders.com Advantage.
  • 5-year subscription to Working Money.
  • Free book selection.
  • Click Here to Order