I have a model that quantitatively allocates money amongst certain stocks, based on a given criteria, using the Exodus engines. My criteria seeks alpha and doesn’t permit underperformance. Moreover, it demands risk hedges, via GLD and TLT, if they’re outperforming the quintiles of equities I have pre-selected.
Because of this, I allocated 10% of my assets in GLD and TLT, equal weighting, and will reassess the market next Friday for reentry back into stocks.
I want nothing more than to be long, running in the long, green fields, naked — eating apples and hammed burgers. But it wasn’t meant to be, sadly. Until that day beckons, I’ll be here, in the darkest corner of the ark, floating the seven seas in search of bounty.
Markets look weak, but not weak enough to warrant a mean reversion trade. Because of this limbo, I recommend to do nothing, or get defensive.
Details will be found in Exodus.
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Welcome aboard. The velociraptors are hungry and I am just about out of small mammals.
Welcome back. I’ve been lonely here with tlt and gold since you drank the koolaid
Gold has worked a good measure for buyers owning weak currencies as long as they bought a while ago. But in $US, the dollar being a safe haven in and of itself, gold is disaster insurance imo.
This must be a short term call because the final wave 5 of this bull (which appears that we’re in) probably won’t be done until 2018 or later.
Ebola about to hammer west African miners again. Gdxj rebalencing absolutely hammered gold juniors. Best buying ever.