Figure 1: Daily Trend Alphability - top five Dow stocks
AIG takes over from GM as this quarter's rock'n'rolla. A blowup of March 17th shows why - that's about a 75% move. Overall, much less trendiness than Q1 2009.
Figure 2: Daily Trend Alphability - bottom five Dow stocks
And at the other end of the spectrum in the world of the living dead, we have Johnson & Johnson barely stirring from its usual catatonia. The blowup of April 3rd reveals another stellar performance - that's a move of, errr, 0.29%.
Figure 3: Daily Trend Alphability - bond futures
The Long Gilt awakes! March 5th sees it out-trend the T-Bond; the blowup tells it all.
Figure 4: Daily Trend Alphability - stock index futures
You would think with all this economic excitement the FTSE might try a bit harder, but for much of February it was lagging the DAX and E-mini in trend stakes by a mile.
Figure 5: Daily Reversal Alphability - top five Dow stocks
With the exception of AMEX (which squeezes into the Top 5 at the expense of JP Morgan) all the Reversal Alphability scores are substantially up on Q1 2009, just as the Trend Alphability scores are down.
Figure 6: Daily Reversal Alphability - bottom five Dow stocks
Sadly those higher reversal scores don't apply down among the dead men.
Figure 7: Daily Reversal Alphability - bond futures
The Long Gilt has clearly been at the marching powder this quarter, comfortably beating the T-Bond for reversals as well as trends.
Figure 8: Daily Reversal Alphability - stock index futures
Which is more than can be said of the FTSE, which (as the blowup shows) will be joining Johnson & Johnson at this rate…