- Changes To Market Signals For Next Year December 15, 2023
Below are the changes to the mix of Market Signals strategies for next year. The process of selecting strategies for the Market Signals ensemble focuses on two objectives: Generate reasonable risk-adjusted returns Provide a hedge during periods of elevated uncertainty Below is the performance ...
- The US Dollar is More Than a Reserve Currency December 14, 2023
The US dollar is more than a reserve currency. It is also a tool that helps politicians and central banks boost asset prices and avoid making unpopular decisions. The debasement of the US dollar may accelerate as central bankers and politicians ...
- Year-End Seasonality: Stocks, Bonds, Gold, and the US Dollar December 12, 2023
We look at year-end seasonality in stocks, bonds, gold, and the US dollar, and specifically the performance of these markets in the last trading week after Christmas. We buy at the close of the last trading day before the Christmas holiday ...
- The Asymmetry of Up Versus Down Days in the Stock Market December 7, 2023
Different market regimes may give rise to asymmetries that can persist for many years or even decades. This is the story of the up-versus-down asymmetry in the stock market. A financial media post yesterday included a chart that showed the asymmetry ...
- The Data Refutes Gold Selloff Sensationalism December 5, 2023
Financial media loves sensationalism when there is a selloff in the markets, but the data often refutes it. Yesterday, there was a selloff in the precious metals markets following a strong rally. Gold (GLD) fell 2.2%, and silver (SLV) lost 3.7%. ...
- Lack of Discipline and Objectives Might Cause Ruin November 28, 2023
Many traders and investors lack discipline and clear objectives. Spasmodic actions lead to losses and might eventually cause uncle point, or even ruin. Passive investors Let us start with passive investors because of the dominance of this style. Looking at daily price ...
- Stock Market Diversification Underperforms Passive Indexing November 17, 2023
Many investors are searching for the next Nvidia, Apple, or Tesla. Naïve diversification may not capture the future big winners. These investors may be better off with passive index investing. Identifying the next big stock market winners is not trivial at ...
- Market Timing Does Not Predict Returns November 9, 2023
There is a recurring theme in the financial mainstream media about market timing being ineffective because a small number of large returns drive stock market performance. The conclusion is disconnected from the facts. Summary Market timing is often argued to be ineffective ...
- How Trading Has Changed Over The Years November 8, 2023
Trading has changed significantly over the years Trading is a complex subject, and analyzing how it has changed over the years requires a paper or even a book for an in-depth analysis. I focus on how changing market regimes have affected ...
- ETF Seasonality Strategy with Low Exposure and Positive Skew November 6, 2023
The ETF seasonality strategy trades long-only SPY, TLT, and GLD ETFs.
