• 618 days Will The ECB Continue To Hike Rates?
  • 619 days Forbes: Aramco Remains Largest Company In The Middle East
  • 620 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,020 days Could Crypto Overtake Traditional Investment?
  • 1,025 days Americans Still Quitting Jobs At Record Pace
  • 1,027 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,030 days Is The Dollar Too Strong?
  • 1,030 days Big Tech Disappoints Investors on Earnings Calls
  • 1,031 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,033 days China Is Quietly Trying To Distance Itself From Russia
  • 1,033 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,037 days Crypto Investors Won Big In 2021
  • 1,037 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,038 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,040 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,041 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,044 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,045 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,045 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,047 days Are NFTs About To Take Over Gaming?
The Problem With Modern Monetary Theory

The Problem With Modern Monetary Theory

Modern monetary theory has been…

Market Sentiment At Its Lowest In 10 Months

Market Sentiment At Its Lowest In 10 Months

Stocks sold off last week…

  1. Home
  2. Markets
  3. Other

No Timing Trigger Today

Timing attempts to provide market equivalent returns over the long term, with a substantial reduction in variability of returns. The two components of the Timing program are EZ+Macro and Fear/Greed. This system trades rarely and splits its allocations between ETFs tracking the S&P 500, the intermediate-term U.S. Treasuries, and cash.

Information is as of the close on January 22, 2008.

Despite quite a large opening spike in the CBOE's Volatility Index (VIX), the Timing plan did NOT trigger a change in model allocation from the prior update. The methodology uses the closing value of the VIX, rather than an intraday high or average intraday measurement, but this is the not the culprit behind today's "no trigger." Indeed, using the intraday high for both the S&P 500 and the VIX (the combination most likely to exceed a "buy trigger) yields a ratio still slightly below that necessary for a change in model allocation.

My opinion is that the market reached a trade-able capitulation bottom this morning.

That being said, the Timing plan isn't tracking my opinions -- it's a system that is being tracked mechanically, just as the other systems are being tracked. It could be correct while my opinion is not, or vice versa. Time will tell.

My personal trading is disclosed on this site, and is currently most in line with the Rotational system.

I reserve, and confine, the right to exercise my opinion to my personal portfolio, and not to the system portfolios which I track here. They shall remain 100% mechanical.

 

Back to homepage

Leave a comment

Leave a comment