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Log charts are useful for identifying long-term trends and measuring relative price changes, but they can be confusing when it comes to more recent drawdowns. This is obvious to many traders, but it appears that some analysts, usually permabulls, are using ...

Going systematic is a sound alternative for investors to navigate the market noise and avoid the large drawdowns of buy and hold. Simple strategies have so far generated high risk-adjusted returns. After accepting the reality that the available market information is ...

Extreme events rather than slowing growth or declining earnings are what cause bear markets. Under normal economic conditions, the equity markets always discount higher prices in advance, regardless of the prevailing level of interest rates or corporate earnings. Equity markets do ...

Although the main aim of both equity trend-following and momentum strategies is to catch outlier trades and trends, there are some unique differences related to their correlation with equity indexes and performance during periods of market stress.

When the market is on a strong uptrend, gloom and doom analysts are under attack, but after a large correction, everyone remembers the broken clocks that were right. Experienced investors know that gloom and doom analysis serves a purpose. Stocks ...

Blog announcements and holiday sale. July 4, 2024 SALE 15% Perpetual Discount For All Premium Subscriptions 25% Discount For The Strategy Bundle Use discount code J4 The offer expires at 11:59 p.m. ET on July 8, 2024. Discounts cannot be applied retroactively. Update 1. In the last four ...

Following the May CPI release on June 12, 2024, here is an inflation update. The significance of the figures and their influence on Fed policy are discussed. Economists concede that inflation means higher prices. In our opinion, the most important development ...

This long-short factor ETF rotation strategy has zero beta and could provide excellent diversification potential.

Despite its simplicity, it is unlikely that the majority of macroeconomic and discretionary technical analysts outperform this hard-to-beat strategy over sufficiently long time periods. My article, Macroeconomic Analysis or Simple Technical Indicators? on March 2, 2024, attracted more interest than I ...

Market statistics of all kinds captivate the financial social media and blogosphere, but one should carefully scrutinize claims. A better maxim is to believe only the statistics you can verify yourself, although this is not always possible. In my 14 years ...