Tag Archives: Bespoke

What Return?

This is the time of the year when performance statistics are published in the blogoshpere. One of the parameters reported is the arithmetic 1-year return for stocks, commodities, currencies, funds, etc. But what return? The details of the calculations are usually left out. Here is … Continue reading

Posted in Market Statistics | Tagged , , , , | Comments Off on What Return?

Models, S&P 500 Returns and Related Folklore

According to Investopedia, the Sports Illustrated Swimsuit Issue Indicator was first coined by the Bespoke Investment Group. This indicator suggested, when it first appeared, that when the cover model is an American the S&P 500 has a higher probability to generate a yearly … Continue reading

Posted in Uncategorized | Tagged , | Comments Off on Models, S&P 500 Returns and Related Folklore

Who Needs the Trading Day? Part Two

I already demonstrated in another article the flaws in the Bespoke study about buying SPY at the close and selling it on the next open. Basically, that study did not account for commissions and this effect alone completely changed the picture … Continue reading

Posted in Technical Analysis | Tagged , , , , , , , | Comments Off on Who Needs the Trading Day? Part Two

Who Needs the Trading Day? I do

A study last month in the Bespoke blog concluded that the simple strategy of buying on the close and selling on the open of next day would have significantly outperformed buy and hold since the launch of SPY ETF. The Bespoke results were published in … Continue reading

Posted in Trading Strategies | Tagged , , , , | Comments Off on Who Needs the Trading Day? I do