In case you missed it, the Dow was down around 300 points yesterday to bring the index into negative territory for the year (just a handful of days after hitting a new intra-day and all time closing high) – spiking the Vix 27% and no doubt bringing a bunch of worrisome headlines around the financial world today along the lines of:
Category: Investing Insight
CNBC didn’t screw up their interview with Winton’s David Harding
This time around, we must say, CNBC chose the right person to interview Harding as Julia Chatterley came prepared to ask the right questions. Here’s our takeaways:
Even Bad Diversification Works
The point, as Josh Brown points out, is to have shorter drawdowns. The point is to be able to regain a peak sooner. The point is to be able to not panic at the bottom. And, of course, the point (for us) is that diversification can “work” even better when you aren’t diversifying with another form of stock market investment (foreign stocks), and instead gaining true diversification with different return drivers.
Attain Launches Family of Alternative Funds (AttainFunds.com)
We’re happy to announce a new website over at www.AttainFunds.com in conjunction with the launch of our new family of alternative investment funds. The new family of Attain Funds contains five single manager funds across five main alternative investment strategies: Trend Following, Short Term Trading, Relative Value, Agriculture, and Global Macro; while containing several “platform” features such as the ability to switch between funds and transparency through the daily reporting of positions.
Alternative Links: Survey Time
The Wall Street Journal explains the rolling of a contract, Mike Harris Interview with Michael Covel on Trend Following Radio, and CME/Thomson Reuters to Run Replacement for Silver Fixin
Asset Class Scoreboard at Half Time
It’s halftime in the 2014 asset game, and what a first half it was with every asset class positive on the year so far. Real Estate is far and beyond leading the pack up 16% on the year. The rest are in the middle of the pack, while Managed Futures just made it into the black. Here’s to seeing what the 2nd half has to offer.
Performance of 40 Futures Markets Mid-Year
Without further ado, the front nine scores across 40 different futures markets courtesy of Finviz:
The Economic Recovery & other Interesting Links
Here are articles we found interesting both industry and non industry related.
6 Unscientific Ways to Tell the Market is at the Top
It’s safe to say that many investors have lost money trying to predict the turn of a market, or vice versa; believing that the market is still a bull market as it drops 25% in a couple weeks. But instead of telling you what is, or what isn’t, we figured we’d show you some things that could potentially be warning signs, and you can decide for yourself?. So here are the “6 could be Warning Signs,” that the market is at the top.
Asset Class Scoreboard
Here’s what the 8 asset classes we track look like for the month of April and its YTD performance.