Wednesday, July 8, 2020

My inner trader returns to the drawing board

Mid-week market update: To paraphrase Emperor Hirohito when he broadcast the Japan's decision to surrender in World War II to the nation, "My inner trader's returns have not necessarily developed to his advantage in 2020". While the trading system was correct in spotting the major downdraft this year and the initial recovery, it was wrong to stay short as the market rallied.



With that in mind, he has gone back to the drawing board and analyzed the three key elements of the current market.
  • Conventional macro, fundamental, and technical analysis.
  • The bull case, based on a flood of central bank liquidity, and skeptical sentiment.
  • An analysis of how market regimes shift, and what to do going forward.
The full post can be found here.

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