During the first week of July, Asset Managers gained long exposure to equity derivatives and the long end of the US yield curve while selling the short end, a Bank of America Merrill Lynch derivatives positioning report notes. Certain managed money likes the more industrial metal silver and is fading gold against relative strength concerns, the report concluded, citing CFTC trading data. Looking at a momentum radar, analysts note that in two key CTA markets their indicators are pointing to a potential trend change.
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.
Bill Miller was on CNBC today - highlights below
Compared to bonds, Bill Miller, Legg Mason Capital Management chairman and CIO, thinks U.S. stocks are cheap and provides his take... Read More
Treasuries fell to 13 month lows on fears of tapering by the Fed.
Bonds, tapering and the fear factor via Goldman Sachs. See their presentation with lots of charts on... Read More
Zions Bancorporation (NASDAQ:ZION) has fallen 8% since the Federal Reserve announced that it was the only bank to fail the most recent round of stress tests, with a post-stress... Read More
DoubleLine’s Approach to Unconstrained Fixed Income
At Doubleline, we believe investors should proceed cautiously when considering an investment in unconstrained bond strategies. That does not mean these strategies should be... Read More
Michael Burry stock write up (see some other great Michael Burry material here).
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GTSI Corp(GTSI) - $5.00 on Mar... Read More
Looking at the top ten of Institutional Investor’s Alpha Hedge Fund 100 List brings to life a statement made by Elliott Management founder Paul Singer. He noted that an... Read More
IRS Criminal Enforcement Slides by TRAC IRS
As Congress continues to reduce its overall support of the Internal Revenue Service (IRS), the chances that the IRS will at some point... Read More
This booklet provides an historical perspective concerning the year-by-year variability of investment returns for the Tweedy, Browne Global Value Fund since its inception in 1993, as compared to benchmark... Read More
Leon Cooperman, Omega Advisors CEO, discusses the current market conditions with the "Fast Money Halftime Report" traders.
H/T Dataroma
Leon Cooperman: Economy Looks Like It's Hanging In
Cooperman: I'm too optimistic, but... Read More
The U.S. Energy Information Administration (EIA) just released its short-term energy outlook for the month of November 2013 and has revealed that U.S. crude oil production has surpassed its... Read More
