A webcast presentation featuring Davide Pandini as part of the CMT Association’s Educational Web Series.
This webinar presentation will explore one of the Dow Award Finalist Research Papers in depth. Davide Pandini joins the Web Series to present, “Are The Streets Still Smart? Evaluating Swing Trading Strategies in Modern Markets.”
In this work, some of the most popular strategies described in the Street Smarts book are reviewed, which are based on the fundamental concepts of swing trading.
Moreover, an exhaustive backtesting on historical data across a significant time period, from the year 2005 till September 2021, is presented. This time period includes the most important events in the markets, from the global financial crisis (2007-2008), till the more recent COVID-19 sell-off. The backtesting covered the principal stock indexes, the S&P 500 sectors, real estate, bonds, commodities, but also the most important FOREX currency pairs, which were not considered in the original book.
Furthermore, a rigorous statistical hypothesis testing was performed on the Street Smarts strategies by means of inferential statistics multiple hypothesis testing and time series bootstrap. Such a comprehensive analysis of the Street Smarts strategies allows to assess their effectiveness on different asset classes and markets. Moreover, this thorough study also provides a deeper insight on swing trading techniques in changing market scenarios.