Gary Antonacci may not be happy to learn that his “Dual Momentum” label has been pirated by a team of academics (Huang, Zhang, and Zhou)(1)(2) in a new paper that explores the combination of price and fundamental momentum stock-picking strategies. The authors also investigate the common rebuttal that transaction costs destroy stock momentum strategies. The authors […]

Technical analysis of S&P 500 Futures, major support and major resistance, trading in a channel, watch the VIX to get confirmation: Video Length: 00:03:00

Markets have finally shifted (at least a little bit of) their attention away from President Trump, with tomorrow’s highly anticipated Federal Reserve monetary policy meeting taking center stage. We’ve beaten the heck out of the dead horse explaining that traders have already completely priced in a rate hike from the venerable central bank (see “What the buck is […]

A number of factors in the U.S. stock market are at historical extremes. We like to look for what we call “well known facts” in the marketplace, also thought of as areas of extreme optimism and pessimism. In this way, we can avoid euphoric situations and/or buy into abnormal bargains on solid long-duration companies which […]

After Janet Yellen first hiked rates in late 2015, the precious metals market rallied in a big way in the first half of 2016.  In late 2016 the Fed hiked again, but the metals market rally in 2017 has been more subdued.  Why? For the main answer to that question: The bottom line is that the […]