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Traders and investors with many years of market experience rarely brag about one highly profitable trade or one profitable year. They know markets are an uphill battle. There will be good trades, exceptional trades, and bad trades. There will also ...

Do you remember the overnight effect? Most of us have forgotten all about it. There was a regime change in 2022. Most traders are looking for new anomalies. The overnight effect in SPY ETF was strong in the 1990s. After a ...

We are pleased to announce the hybrid asset allocation signal service. Hybrid asset allocation (HAA) employs two strategies: asset cross-sectional momentum and strategic allocation. Both strategies use ETFs to generate signals. The asset cross-sectional momentum strategy (CSMOM) and the strategic allocation strategy ...

There is this puzzling phenomenon on financial social media: some permabear accounts have hundreds of thousands of followers. Below are a few thoughts that might provide some clues. Since I joined Twitter (now X) in 2010, I have been a witness ...

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. 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 ...

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 ...

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 ...

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%. ...

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 ...