DKS opened at $142.74 this morning, down 20.4%.
The first question is not “is the dip worth buying.” It is: where was the stock sitting before the gap? DKS was already broken — below both its 50-day and its 200-day — before this print. That filter decides everything.
So we ran it. 170 big names, full history, every gap down of 15% or worse, buying the gap open itself. The cohort that was already below both moving averages — DKS today — is 222 trades. That group beat its baseline at every horizon we measured. Median outcome: +2.6% by the next day, +5.2% by day eight, +5.4% by day sixteen. The payoff builds. It does not arrive all at once.
The honest part, because there always is one: the worst trade in that backtest cohort lost 56.9%, and half the cohort drew down 8% before it paid. Real edge, real left tail. That combination is what dictates how we trade it — and the exact plan is below for members.
One more thing: starting this week, the free list gets one real trade idea from my nightly sheet every single night. Costs nothing. This post is what the research behind those looks like.
