Reducing Uncertainty by Tranching In the first 4 parts of this study we have focused on the optimization and robustness of the primary parameters necessary to apply the ITA Wealth Momentum Strategy – the appropriate look-back periods to measure momentum (Rate Of Change – ROC) and Volatility and the appropriate weights to apply to these […]
Gauss Portfolio Review: 13 April 2021
Gauss is the portfolio up for review this morning. I think of this portfolio as one of the Relative Strength or Tranche Momentum portfolios. The other two main models followed here at ITA are: Dual Momentum and Asset Allocation. These models do not include those managed by Hedgehunter. If looking for a portfolio of stocks, […]
Bullish Percent Indicators: 23 July 2021
Before bringing up any of the Bullish Percent Indicators, also known as Point and Figure (PnF) graphs, I toggle my intuition meter. Is it going to be a bullish or bearish set of data? Friday’s bullish market likely influenced my thinking as I concluded it would be a bullish week in general. There are a […]
Rutherford Portfolio Review (Tranche 4) – 23 July 2021
After a rough start on Monday, U.S. Equities bounced strongly for the rest of the week to again close at all-time highs: The weekly range was also a little unusual in that it was greater than the Expected Move as calculated from the Implied Volatility of Option prices. The weekly returns of ETFs in the […]
Bullish Percent Indicators: 30 July 2021
Bullish Percent Indicators turned out to be more positive this week than my intuition indicated. Just the reverse from last week or another reason to rely on factual data rather than error proned feelings. The bulls were definitely in charge of U.S. Equities this past week. There is likely to be a degree of uncertainty […]
Bullish Percent Indicators: 28 August 2021
Bullish Percent Indicator data has not been published for a few weeks. With the nice upward move on Friday I was interested in viewing how that move, and the entire events of this week, impacted the PnF graphs. I anticipated many O’s would convert to X’s and that is exactly what happened. All but the […]