market

Where Is The Correction?

Download PDF: where-is-the-correctionDownload For over a year, investors have been rewarded for tilting their portfolio towards risk assets on the backdrop of plentiful support for households from the government’s generous fiscal transfer that supported spending and Fed’s support on the credit market, preventing a crunch in liquidity of the debt market. The unprecedented fiscal andContinueContinue reading “Where Is The Correction?”

Where Are We in The Cycle? Yield, Gold, and Copper

Download PDF: market_watch_cycle_pcDownload Copper/gold ratio has increased to prior peak in the business cycle, although yield curve is only halfway through. This could be explained by the dovish stance held by Federal Reserve to stay accommodative until maximum employment is achieved and inflation average at 2%, meaning that unlike in previous cycles, pre-emptive tightening isContinueContinue reading “Where Are We in The Cycle? Yield, Gold, and Copper”

Quotes from Hedge Fund Market Wizard

Recently I finished reading a great book by Jack D. Schwager titled “Hedge Fund Market Wizard”. As a note to myself and traders interested to improve their system, here are some quotes that I found to be interesting. Set stop loss level that would prove the hypothesis is wrong and then limit the positionContinueContinue reading “Quotes from Hedge Fund Market Wizard”