Let’s Try This Again

Here is the ultimate dilemma with my quant. Last year it made me money only because of the war and the early gains in oil and gas stocks. Had it been an ordinary recession, I’d be totally at the mercy of markets. My dilemma is: how do I automate a trigger to either hedge or establish risk averse positions?

I think I stumbled upon an easy solution. I have another screen that fishes out low beta, fundamentally strong stocks. This screen produces stocks like CHD, PEP and SBUX — more or less risk averse names with betas under 1. Since the final arbiter of my quant picks is our technical algo, I’ve decided to edit my quant strategy to include this low beta pool of stocks too. I will first choose the strongest stocks from the growth quant and then when I run out of stocks ranked above 3 tech score, move over to the low beta. This way, in an environment where all stocks tethered to the health of the economy are getting REKT, I will automate into the comforts and safety of low beta Grandpa stocks.

I’ll keep you apprised how this plays out.

Early going BIG ZUCK over at META is saving the day. However important you might think that is, have a look at the fucking semis steered lower by LSCC. We have a pastiche of cross currents, earnings pops and drops, that is making this tape EXCEEDINGLY arduous.

Even though I am slumping, I remain steadfast in my methods and will continue to use them without deviation until the Gods favour me again. As you know, it’s only a matter of time when I appear here in my odious visage to declare “LOOK WHO’S BACK AT RECOURD HIGHS.”