JPMorgan’s quant guru, Marko Kolanovic, is tempering his previously bearish statements and more vocally advocating a relative value mean reversion trade between oil and the U.S. equity markets. Kolanovic recommends a relative value trade Speaking on CNBC’s “Fast Money” with Melissa Lee late last week, Kolanovic said the forthcoming market decline is not going to be as sharp as August, 2015. On the show he clearly advised investors to take a relative value position, buying oil and nonetheless selling equities, placing a sharper point on the relative value trade relative to his most recent note to investors. He thinks oil could…
Kolanovic Thinks Oil Rally Ahead, Tempers Bear Market Call On CNBC
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.