We parsed analyst commentary from 1,000 earnings calls to see if we could predict the market. Spoiler: it might actually work. Prepare to be absolutely nerded out...
WOW! Okay this is interesting, although because this would all be short term capital gains you'd be taxed at ordinary income so take a conservative 24% of your gain off to pay the govt. Still an extremely interesting correlation, I assume it only works well in smaller markets because they have higher retail activity, and because they are excluded from many index funds.
WOW! Okay this is interesting, although because this would all be short term capital gains you'd be taxed at ordinary income so take a conservative 24% of your gain off to pay the govt. Still an extremely interesting correlation, I assume it only works well in smaller markets because they have higher retail activity, and because they are excluded from many index funds.