Fock: Performance of Candlestick Analysis

A researcher named Fock, together with some colleagues, throws water on a financial investment practice called “candlestick analysis”: “Performance of Candlestick Analysis on Intraday Futures Data,” J. Henning Fock, et. al., Journal of Derivatives, Fall 2005, Vol. 13, No. 1: pp. 28-40. The authors write: “Many practitioners use technical trading in derivatives markets, especially futures. […]

Smirkness in Economics

Those who follow developments in the derivatives market, and particularly in its sub-section, the options market, may be aware of the concept of Smirkness. It was first proposed at the 2005 China International Conference in Finance, where professors Jin Zhang and Yi Xiang presented their paper ‘Implied Volatility Smirk’ “In this paper, we propose a new […]