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Window Dressing

Posted By Barry Ritholtz On December 30, 2005 @ 12:01 pm In Investing,Trading | Comments Disabled

Jason Goepfert of sentimentrader.com [1] noted the following statistics regarding Window Dressing, i.e., mark ups for the quarter-end (as reported by Rev Shark).

Markups tend to take place in the stocks that have been the best performers during the quarter (all data refer to Q3):

Number of of S&P stocks up more than 20% during the quarter: 35
Number that showed a gain in last three days of quarter: 28
Percentage of stocks that showed a "markup": 80%
Number of S&P stocks down more than 15% in the quarter: 30
Number that showed gains in last three days of quarter: 14
Percentage of stocks that showed a "markup": 47%

So, there is some statistical evidence that strong stocks saw quarter-end markups Q3, while the weaker ones did not.


Where the Markups Are [2]
Rev Shark
RealMon ey.com, 10/5/05 3:21 PM EDT

Article printed from The Big Picture: http://www.ritholtz.com/blog

URL to article: http://www.ritholtz.com/blog/2005/12/window-dressing/

URLs in this post:

[1] sentimentrader.com: http://www.sentimentrader.com/

[2] Where the Markups Are: http://www.thestreet.com/p/dps/td/tradingdiary1.html#entryId10245885

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