𝙇𝙖𝙨𝙩 𝙬𝙚𝙚𝙠 𝙬𝙚 𝙨𝙖𝙬 𝙂𝙧𝙤𝙬𝙩𝙝 𝙤𝙪𝙩𝙥𝙚𝙧𝙛𝙤𝙧𝙢 𝙑𝙖𝙡𝙪𝙚 𝙞𝙣 𝙜𝙚𝙣𝙚𝙧𝙖𝙡. 𝙏𝙚𝙘𝙝 𝙞𝙣𝙙𝙞𝙘𝙚𝙨 𝙚𝙖𝙧𝙣𝙚𝙙 𝙤𝙫𝙚𝙧 𝙙𝙤𝙪𝙗𝙡𝙚 𝙩𝙝𝙚 𝙬𝙞𝙙𝙚 𝙢𝙖𝙧𝙠𝙚𝙩 𝙬𝙚𝙚𝙠𝙡𝙮 𝙥𝙚𝙧𝙘𝙚𝙣𝙩 𝙘𝙝𝙖𝙣𝙜𝙚 𝙞𝙣 𝙐𝙎. 𝙏𝙝𝙚 𝙧𝙚𝙥𝙤𝙧𝙩𝙞𝙣𝙜 𝙨𝙚𝙖𝙨𝙤𝙣 𝙧𝙤𝙡𝙡𝙨 𝙤𝙪𝙩. 𝙐𝙎 𝙖𝙡𝙨𝙤 𝙝𝙖𝙨 𝙖 𝙣𝙚𝙬 𝙋𝙧𝙚𝙨𝙞𝙙𝙚𝙣𝙩 𝙨𝙬𝙤𝙧𝙣 𝙞𝙣. Commodities ($GOLD) and yields ($TLT) situation calmed down vs. the 2 weeks before. Still the 10Y Treasury Yield keeps staying…
𝙄𝙩 𝙬𝙖𝙨 𝙖 𝙡𝙤𝙨𝙞𝙣𝙜 𝙬𝙚𝙚𝙠 𝙛𝙤𝙧 𝙢𝙤𝙨𝙩 𝙖𝙨𝙨𝙚𝙩 𝙘𝙡𝙖𝙨𝙨𝙚𝙨 𝙧𝙚𝙖𝙡𝙡𝙮. 𝙀𝙦𝙪𝙞𝙩𝙞𝙚𝙨 𝙬𝙚𝙧𝙚 𝙙𝙤𝙬𝙣 (𝙬𝙞𝙩𝙝 𝙚𝙭𝙘𝙚𝙥𝙩𝙞𝙤𝙣 𝙤𝙛 𝙅𝙖𝙥𝙖𝙣), 𝙥𝙧𝙚𝙘𝙞𝙤𝙪𝙨 𝙢𝙚𝙩𝙖𝙡𝙨 𝙬𝙚𝙧𝙚 𝙨𝙩𝙞𝙡𝙡 𝙙𝙤𝙬𝙣 𝙖𝙣𝙙 𝙤𝙣𝙡𝙮 𝙗𝙤𝙣𝙙𝙨 𝙖𝙙𝙙𝙚𝙙 𝙨𝙤𝙢𝙚𝙬𝙝𝙖𝙩, 𝙖𝙨 𝙩𝙝𝙚 𝙮𝙞𝙚𝙡𝙙 𝙣𝙖𝙧𝙧𝙤𝙬𝙚𝙙 𝙖 𝙡𝙞𝙩𝙩𝙡𝙚 𝙗𝙞𝙩 𝙖𝙛𝙩𝙚𝙧 𝙖 𝙗𝙞𝙜 𝙧𝙖𝙡𝙡𝙮 𝙩𝙝𝙚 𝙬𝙚𝙚𝙠 𝙗𝙚𝙛𝙤𝙧𝙚. One of the sectors that lost the most this week was Clean Energy. This…
𝙏𝙝𝙚 𝙣𝙚𝙬 𝙮𝙚𝙖𝙧 𝙨𝙩𝙖𝙧𝙩𝙚𝙙 𝙬𝙞𝙩𝙝 𝙖 𝙥𝙧𝙚𝙩𝙩𝙮 𝙨𝙩𝙧𝙤𝙣𝙜 𝙠𝙞𝙘𝙠-𝙤𝙛𝙛 𝙤𝙣 𝙚𝙦𝙪𝙞𝙩𝙮 𝙢𝙖𝙧𝙠𝙚𝙩𝙨, 𝙬𝙝𝙞𝙡𝙨𝙩 𝙫𝙖𝙡𝙪𝙚 𝙝𝙤𝙡𝙙𝙚𝙧𝙨 𝙖𝙣𝙙 𝙞𝙣𝙛𝙡𝙖𝙩𝙞𝙤𝙣 𝙝𝙚𝙙𝙜𝙚𝙨 𝙪𝙣𝙙𝙚𝙧𝙥𝙚𝙧𝙛𝙤𝙧𝙢𝙚𝙙. 𝙏𝙝𝙚 𝙅𝙖𝙣𝙪𝙖𝙧𝙮 𝙚𝙛𝙛𝙚𝙘𝙩 𝙬𝙤𝙧𝙠𝙨 𝙥𝙧𝙚𝙩𝙩𝙮 𝙬𝙚𝙡𝙡 𝙛𝙤𝙧 𝙣𝙤𝙬. 𝙅𝙖𝙣 𝟮𝟬𝟮𝟭 𝙞𝙨 𝙖𝙡𝙨𝙤 𝙩𝙝𝙚 𝙛𝙞𝙧𝙨𝙩 𝙢𝙤𝙣𝙩𝙝 𝙚𝙡𝙞𝙜𝙞𝙗𝙡𝙚 𝙛𝙤𝙧 𝙖 𝙘𝙮𝙘𝙡𝙚 𝙩𝙝𝙧𝙤𝙪𝙜𝙝 𝙨𝙞𝙜𝙣𝙖𝙡 𝙛𝙧𝙤𝙢 𝙤𝙪𝙧 𝙢𝙖𝙘𝙧𝙤 𝙛𝙤𝙧𝙚𝙘𝙖𝙨𝙩𝙞𝙣𝙜 𝙩𝙤𝙤𝙡. We skipped one short week into the very end of…
Dear Follower&Copiers, Big things are coming ahead of us. The Global Leaders Portfolio (GLP) is now being slowly prepared for the start of a new cycle phase starting from Jan 2021. The portfolio allocations change will be a process that in my view might last between 3 to 6 months. Why a process? Because of…
A few short thoughts out of the commodity space into the start of 2021: 👉 Technicals: the Bloomberg Commodity Index (BCOM) is just breaking out upwards from a 10y+ faling formation (wedge). PLS SEE TITLE PICT. What does it tell us and what investment picture does this paint for next years? Let’s try answer is…
2020 was the inception year for GLP. We’re here at eToro for a month now with the GLP in its final form. Untill December the portfolio was run on www.GlobalAlphaSearch.com The portfolio’s inception took place on the 28th Jan 2020. Just days before the end of a 10-year bull run and what then appeared to…
Today we continue our journey through the tough matter of portfolio management. I describe and explain what is called risk on ex-ante (probabilistic) terms and describe some of its measures. We have covered the Basics in the preceeding two posts here and here. Those of you who have not yet had a chance to go…
𝙄𝙩’𝙨 𝙗𝙚𝙚𝙣 𝙖 𝙨𝙝𝙤𝙧𝙩 𝙬𝙚𝙚𝙠 𝙤𝙣 𝙩𝙝𝙚 𝙢𝙖𝙧𝙠𝙚𝙩𝙨 𝙙𝙪𝙚 𝙩𝙤 𝙝𝙤𝙡𝙞𝙙𝙖𝙮𝙨 𝙥𝙚𝙧𝙞𝙤𝙙. 𝙈𝙤𝙨𝙩 𝙤𝙛 𝙩𝙝𝙚 𝙢𝙖𝙧𝙠𝙚𝙩𝙨 𝙬𝙚 𝙤𝙣𝙡𝙮 𝙤𝙥𝙚𝙣𝙚𝙙 𝟯-𝟰 𝙙𝙖𝙮𝙨 𝙩𝙝𝙞𝙨 𝙬𝙚𝙚𝙠 𝙖𝙣𝙙 𝙖𝙘𝙩𝙞𝙫𝙞𝙩𝙮 𝙬𝙖𝙨 𝙣𝙖𝙩𝙪𝙧𝙖𝙡𝙡𝙮 𝙫𝙚𝙧𝙮 𝙡𝙞𝙢𝙞𝙩𝙚𝙙. US markets were closed for Christmas Holidays on Friday. Most of the weekly move was done on Monday. Rest of the week we had very low…
𝗪𝗲’𝗿𝗲 𝗵𝗲𝗮𝗱𝗶𝗻𝗴 𝗶𝗻𝘁𝗼 𝘁𝗵𝗲 𝗵𝗼𝗹𝗶𝗱𝗮𝘆 𝘀𝗲𝗮𝘀𝗼𝗻 𝗮𝗻𝗱 𝗲𝗻𝗱-𝗼𝗳-𝘆𝗲𝗮𝗿 𝗽𝗲𝗿𝗶𝗼𝗱 𝗮𝘁 𝘁𝗵𝗶𝘀 𝘆𝗲𝗮𝗿’𝘀 𝗮𝗻𝗱 𝗮𝗰𝘁𝘂𝗮𝗹𝗹𝘆 𝗮𝗹𝗹-𝘁𝗶𝗺𝗲 𝗵𝗶𝗴𝗵𝘀 𝗳𝗼𝗿 𝗺𝗮𝗷𝗼𝗿 𝗲𝗾𝘂𝗶𝘁𝘆 𝗶𝗻𝗱𝗶𝗰𝗲𝘀. 𝗦𝗼𝘂𝗻𝗱𝘀 𝘂𝗻𝘁𝗵𝗶𝗻𝗸𝗮𝗯𝗹𝗲 𝗴𝗶𝘃𝗲𝗻 𝘁𝗵𝗲 𝗿𝗼𝗹𝗹𝗲𝗿𝗰𝗼𝗮𝘀𝘁𝗲𝗿 𝗿𝗶𝗱𝗲 𝘄𝗲’𝘃𝗲 𝗮𝗹𝗹 𝗲𝘅𝗽𝗲𝗿𝗶𝗲𝗻𝗰𝗲𝗱 𝗶𝗻 𝟮𝟬𝟮𝟬. 𝗙𝘂𝗻𝗻𝘆 𝗮𝘀 𝗶𝘁 𝗴𝗲𝘁𝘀 𝘁𝗵𝗲 𝗺𝗼𝘃𝗲𝘀 𝗮𝗿𝗲 𝘀𝘁𝗮𝗯𝗹𝗲 𝗶𝗻 𝘀𝘂𝗰𝗵 𝗮 𝘄𝗮𝘆 𝘁𝗵𝗮𝘁 𝘁𝗵𝗲 𝗙𝗲𝗮𝗿&𝗚𝗿𝗲𝗲𝗱 𝗳𝗮𝗰𝘁𝗼𝗿 𝗰𝗼𝗿𝗿𝗲𝗰𝘁𝗲𝗱 𝗮𝗴𝗮𝗶𝗻 𝘁𝗼 𝟲𝟯 𝗽𝘁𝘀. Markets continue to…
𝘼 𝙨𝙡𝙞𝙜𝙝𝙩𝙡𝙮 𝙘𝙤𝙧𝙧𝙚𝙘𝙩𝙞𝙫𝙚 𝙬𝙚𝙚𝙠 𝙗𝙚𝙝𝙞𝙣𝙙 𝙪𝙨. 𝙏𝙝𝙚 𝙘𝙤𝙧𝙧𝙚𝙘𝙩𝙞𝙤𝙣 𝙬𝙖𝙨 𝙖𝙘𝙘𝙤𝙢𝙥𝙖𝙣𝙞𝙚𝙙 𝙬𝙞𝙩𝙝 𝙖 𝙡𝙞𝙩𝙩𝙡𝙚 𝙩𝙞𝙡𝙩 𝙩𝙤𝙬𝙖𝙧𝙙𝙨 𝙂𝙧𝙤𝙬𝙩𝙝 𝙛𝙧𝙤𝙢 𝙩𝙝𝙚 𝙧𝙚𝙘𝙚𝙣𝙩𝙡𝙮 𝙞𝙣-𝙫𝙤𝙜𝙪𝙚 𝙑𝙖𝙡𝙪𝙚 𝙨𝙩𝙤𝙘𝙠𝙨. 𝙁𝙞𝙨𝙘𝙖𝙡 𝙩𝙖𝙡𝙠𝙨 𝙨𝙚𝙚𝙢 𝙩𝙤 𝙗𝙚 𝙣𝙚𝙫𝙚𝙧 𝙚𝙣𝙙𝙞𝙣𝙜 𝙣𝙤𝙬 𝙖𝙣𝙙 𝙞𝙣𝙫𝙚𝙨𝙩𝙤𝙧𝙨 𝙨𝙩𝙞𝙡𝙡 𝙜𝙚𝙩 𝙣𝙤 𝙙𝙚𝙖𝙡 𝙤𝙣 𝙖 𝙣𝙚𝙬 𝙨𝙩𝙞𝙢𝙪𝙡𝙪𝙨. 𝘾𝙤𝙫𝙞𝙙-𝟭𝟵 𝙘𝙖𝙨𝙚𝙨 𝙖𝙧𝙚 𝙨𝙩𝙞𝙡𝙡 𝙤𝙣 𝙩𝙝𝙚 𝙧𝙞𝙨𝙚 𝙞𝙣 𝙜𝙚𝙣𝙚𝙧𝙖𝙡 𝙥𝙪𝙩𝙩𝙞𝙣𝙜 𝙥𝙧𝙚𝙨𝙨𝙪𝙧𝙚 𝙤𝙣 𝙨𝙝𝙤𝙧𝙩-𝙩𝙚𝙧𝙢 𝙤𝙥𝙩𝙞𝙢𝙞𝙨𝙢. Equity…
