Spreads
As I continue to share some of the tools I use, I want to look at sectors and sector performance today. I don't think there's much value in looking at a price chart of say, XLE or XLF. The reality is all indexes are pretty strongly
fundamental analysis
Understanding stock markets can be difficult. Which index should we look at? There are many ways to slice stocks: by market cap, by proprietary index methodology, by geography, by valuation, by sector, by industry, by looking at individual stocks... the choices can quickly spiral out of control. Though there'
Institutional Managers/Traders
Here's a look at history and the stats behind the fluctuations in the US Treasury Yield Curve.
Market Math
This is another post in the small series on tracking, understanding, and trading relative performance. In previous posts, we looked at two ways to track relative performance as a percent change from some previous point in time, considering that previous point either as a structurally significant swing point or an
General Comments
My previous post looked at the concept of comparing relative strength of two assets by comparing returns from a specific point in time. In that post, I suggested using a previous, structurally important, pivot as the comparison point, but there are some potential issues with that idea. Today, I will
Market Math
Yesterday, I discussed some reasons why traders might want to consider looking at, or trading, the relative performance between markets. Today, let's look at a simple way to display that relative performance, and consider some things that can go wrong. Tracking relative performance simply means we want to
Spreads
Today I begin a short series of posts looking at the tools and techniques of relative value trading. For some traders, this is intuitive; currencies are always valued relative to another currency, and many futures traders focus on spread relationships between different commodities or months of the same commodities, and