One of the most difficult problems of tactical investing is using timing strategies that are not biased due to special market conditions of the past. During that unique uptrend there was only one major short-term correction due to the Ruble crisis in 1998.market moving performance strategies strategy tactical investing term timing trader versus
The current market environment is a tough one to handicap. On the other hand, the “most hated bull market of all-time” continues to charge higher, causing valuations and investor allocations to stocks to go far above their long-term averages.current environment flashing handicap long market side term time tough
This is the third part in a series describing how to approach the creation of a new trading strategy, including everything from idea generation, universe selection, data generation, proper in/out of sample testing, necessary considerations before live trading and the eventual big decision: do I want to trade that?
For this series it has been decided that the focus will lie on the construction of a strategy based on volatility ETPs.data ETPs future inception index post products term vxx xiv
Raymond James' J. Marshall Adkins invoked one of President Trump's favorite phrases to explain oil's plunge, and to excuse his bullish bias (that crude can rise to as much as $65 a barrel).
Concerns have been overblown, the Raymond James analysts argued, saying trends pertaining to U.S. inventories, production and gasoline demand have been misinterpreted.barrel bpd bull demand Hall oil opec shale supply term
The first half of 2017 is shaping up to be unequivocally brutal for value-oriented rebalancing strategies.
As we approach the second half of the year, the rally’s breadth, according to some, is narrowing to levels not seen since the tech bubble.chillax excess long means RAFI rebalancing returns stock strategies term
One of the negatives of running a globally diversified portfolio of stocks for clients is that in years where the S&P 500 blows everything else away, you have to grit your teeth and show people the long-term evidence, sometimes repeatedly.
One of the positives is that it won’t be long before you’re vindicated.asset clients global international long major portfolio stock term years
Most indicators that attempt to time a stock market top suffer from the curse of small samples, especially after the 1990s, when a significant change in market dynamics occurred. In this sense, longer-term backtests that attempt to document some momentum effects can be misleading.coin context indicator market signal significant small term top toss
Bonds will provide an interesting case study in investor behavior in the years ahead. With interest rates at much lower levels than they have been in the recent past the same change in rates will now lead to much more volatility in bonds than it would have at the higher rates seen in the past.bond higher interest investors market past rate term year yield
The Federal Reserve is widely expected to raise interest rates again in June, a policy decision that looks set to further squeeze the Treasury yield curve.
Analyzing the implications of a flatter curve has been topical lately, although there’s no sign of a consensus at the moment.continue data economic fed month rate spread term year yield
Foreign government bonds in developed markets roared last week, generating the strongest performances among the major asset classes, based on a set of proxy exchange-traded funds. BWX’s portfolio of foreign bonds is priced in unhedged US dollar terms.BWX decline dollar etf foreign friday posting term Vanguard VWO
In the minds of most “investors”, the word “speculation” is sort of a dirty word.
In Figure 2 we see a daily chart of ticker GDX that shows this ETF bouncing off of an oversold level that has highlighted at least short-term bottoms in the past.Balderdash financial GDX investment potentially reply represent secretly term word
Volatility―or more specifically, the lack thereof―has been in the news recently, as the CBOE Volatility Index (VIX) fell below 10 earlier this month, the lowest level in a decade. The calmness in the stock market has perplexed many and sent ETFs tied to the VIX to new records.calculated etfs implied market products stock term vix volatilities VSTOXX