Can a kind soul please post statistics of up days vs down days for SPX, TSLA, and AMD for 2023 and 2022 ? Does the ratio differ significantly from the statistical expectancy of about same value for both sides, ie. around 126 annually?
For SPY in 2022: Number of up days: 127 Number of down days: 124 For SPY in 2023 (until 2023-07-19): Number of up days: 77 Number of down days: 58 For TSLA in 2022: Number of up days: 117 Number of down days: 134 For TSLA in 2023 (until 2023-07-19): Number of up days: 80 Number of down days: 55 For AMD in 2022: Number of up days: 120 Number of down days: 131 For AMD in 2023 (until 2023-07-19): Number of up days: 74 Number of down days: 61
I can quickly compute this for you for the e-mini S&P 500 index if that should suffice. Come to think of it, I may have this data for SPX as well, but ES should be close enough and that's what I have set up currently. To be clear, by Up/Down day you're referring to net positive/negative change? An Up Day to me is something different within my trading model, but I'd assume most people associate that with a positive net change.
%% YES; that'$ the common meaning yesterday'$ close to today'$ close. Some including me, also measure it from todays open to todays close.