Closes 2pm EDT. NYSE closes 4pm EDT.
Resolves according to the display at https://www.google.com/finance/quote/.INX:INDEXSP at the end of the day.
This market is part of the S&P Forecasting tournament for the month of August (Inspired by Goode). At the end of the month top traders are eligible for a prize.
Rank---Award
1 1500
2 1000
3 750Good luck forecasting!
Note: Keeping this market as similar to how Alex has been running it. Not trying to change what people are enjoying trading on.
1,000🏅 Top traders
| # | Name | Total profit |
|---|---|---|
| 1 | Ṁ1,609 | |
| 2 | Ṁ555 | |
| 3 | Ṁ160 | |
| 4 | Ṁ138 | |
| 5 | Ṁ65 |
@uair01 If you expect the outcome will randomly go either way, and others have pushed the odds away from 50%, then you can profit from betting against them.
@uair01 For the S&P , I use the VIX to compare moving averages and expectations.
Take this chart for example:
@TeddyWeverka On Google you can compare S&P to the VIX
Today looks like this so far, much like my example above just not as exaggerated :
