The AI Race: GOOGL Or NVDA?
It has been nearly 20 years since Wei Xu and John McConnell published the influential paper, Equity Returns at the Turn of the Month (July 2006). These researchers boldly claimed,
Continue readingA Mean Reversion Perspective on Gold
For practitioners of mean reversion strategies, the current price action in Gold presents a compelling setup. The primary indicator utilized in this analysis is the Bollinger Bands (BB). Under default
Continue readingNavigating Lost Decades
The conventional wisdom that equities reliably reward patient investors over long horizons obscures a critical historical pattern: secular bear markets, or "lost decades," have consumed approximately 35% of U.S. equity
Continue readingWhat History Says About Markets During War
The Nasdaq just entered correction territory. Brent crude has been a roller coaster and the 10 year has surged higher. Bond traders have priced out every Fed rate cut for
Continue readingMoving From The Backdrop To The Sectors
Over the past three days, I have been diving into the macro themes of the market—long-term trends, commodity price dynamics, and, most recently, the rate environment. As I prepared this
Continue readingWhat The Rate Markets Know That Equities Don’t
On Monday, I started with a review of the S&P from various points of view (flipping the chart instead of changing the time frame). The market was arguing for a
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