iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,431 Blog Posts

Exodus Quant Crushed $SPY Again; Current Allocation is More Conservative

I made roughly 0.93% in my automated trades the past week, nearly double the return of the SPY. The Exodus Quant trading system has beaten the SPY 75% of the time since we started doing this, about 20 weeks ago. It’s important to note, this week’s allocation is mega cap, with a side order of TLT and GLD.

In other words, we are cautious.

How does that work?

I am chasing alpha, meaning performance. So whenever GLD/TLT outpace SPY for the week, I am forced to allocate 5% each in both. This is done to hedge against a downtrending market. Both GLD and TLT, traditionally, do well when stocks trade lower.

As for the market caps. I am merely buying which market caps perform best, then further filtered using Exodus‘ ranking system. It’s the easiest, most genteel, form of making money I’ve ever done. Join us and you’ll get the weekly alerts and be able to live out the rest of your days with my robots managing your money for you.

For those waiting for my book to come out in paperback, it’s here — a true collectors item with unique art. Buy it and leave me a 5 star review, you god damned wastrels.

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14 comments

  1. acehood

    When’s part deux? My only complaint is how abruptly the first installment ended.

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    • austin nance

      same

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      • Dr. Fly

        I knew that would be an issue, but I also knew I would write a part 2. Having no experience in writing like that, I wanted to keep it short, end it at the highest of the high notes, literally two days before the top.

        I said I’d do part two only if people liked part 1, so I am still gauging response. I have part 2 in mind already and have a part 3 and 4 plotted out too.

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  2. bennyhill

    Too bad all of the gains are subject to short term tax. SPY hold for decades wins every time, why waste time losing?

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  3. mushroomz

    Ordered. Is it a good size and flexibility for face slapping?

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  4. mongoosereflexes

    Would TLT and GLD be the place to go if we were to enter into a recession?

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  5. mushroomz

    I think it’s always prudent to own some gold as well.

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    • sarcrilege

      I am hoping you meant the tangible kind.

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    • ironturd

      Yea I hope it’s not a globally accepted digital version that can’t be stored in your mom’s empty linen closet drawers before the lights all go out and North America is plunged in darkness so dark that the only accepted form of value is a shiny gold chocolate bar. God forbid.

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