The above chart shows annualized forward returns of the SP500 since 1993. It shows that the worst you could have done as a passive...

As previously referenced, a 5-minute ORB strategy is a strategy that allows the trader to bet on a breakout from the opening range during...

This is a great post by Macro Ops on the real driving force behind the US Equity Markets. Hint: it's nothing else than Supply and Demand....

We like SHORT SWISS FRANC across the board. We have high confidence that the Swiss National Bank (SNB) will intervene in the FX market...

This is our roadmap based on market conditions we foresee to happen in years and decades to come. It's a long term forecast based on what...

My unfiltered, very high level note this morning pre-open to those who give a S*: 1. Technicals: Tape remains VERY bullish on higher...

There are two core factors that differentiate high performance racers (managers) from average racers (managers). Simply put: The guy with...

Financial repression is a very subtle, political tool implemented through the executive branch of the government to transfer wealth from...

Why then did we bother to hold positions that paid out massively in the event of the collapse in these instruments and why in the size...

This page highlights supporting material to our article China is Preparing for War. Updated on May 10, 2024 The upcoming supply shock...

Blackrock just published their 2024 Global Investment Outlook. Their latest paper highlights their Big 2024 Outlook Calls and core themes...

There are many reasons why we believe this market cycle will end with a blow off top, in particular for the very popular U.S. technology...

The chart below is one of the most important charts in finance. If you are down 10%, you only need to make 11% to recoup your losses....

This article is a high level overview of our market research. It will be updated from time to time. The historical task of the complete...

Without the consistent expansion of margins, US equities would be 40% lower than they are today. The 2019 paper from Bridgewater argues...

What’s your best estimate of Equity Risk Premium (ERP) for the SP500 over the next decades? 10%? 5%? In this must-read paper, Hussman...

This research paper is about the (slow) end of the most spectacular bull market in history. Don't get me wrong, we are still in a very...

Momentum leads price, which leads fundamentals (macro). As the above chart shows, macro indicators are extremely lagging ones. In the...

In 2015, the IMF published a working paper with an overview of financial repression that was implemented during the last century to...

Today March 22, 2023 the Federal Reserve hiked the fed funds rate by 25 bsp, in line with consensus. It ignored, however, certain claims...