Honestly, I'd be shocked if HFT firms hadn't integrated all this knowledge into their algorithms ages ago, removing any potential alpha. More likely I think is

Honestly, I'd be shocked if HFT firms hadn't integrated all this knowledge into their algorithms ages ago, removing any potential alpha. More likely I think is just that the market has gone up significantly since May 2022, and good stocks disproportionately do very well in an upmarket. For instance, QQQ, is up 31% in the same time period.