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Source: backtest.substack.com​

What to Say? Return Profile Looks Very Similar to Thursday's Closing

11/9/2025

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I don't have much to add to the commentary from Thursday evening. The forward profile looks very similar. We got the reversal off the panic low Friday. Obviously lot's of news flow. Blah blah blah. 

Keep an eye out tomorrow for a study I recently ran that delves in to the CNN Fear Greed Index and the forward returns in various deciles. I think you'll find the results quite intriguing ;)

Have a Great Night!

DJ
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    Dave Johnson

    I'm Dave Johnson, a former investment advisor and quantitative system developer with over 30 years of experience building and trading mechanical systems. These days I focus on rules-based research, honest backtests, and sharing what the data actually shows.

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