Beware the ides of March, or any month in 2015, Bill Gross said on January 6. At that time the S&P was near a 2015 low of 2002.61 when he proclaimed what should be the first of his predictions to be tracked in his ongoing bid to challenge his one-time “bond king” trading mantle. But in this bid to regain his thrown, will he change is trading strategy? We look to his recent letter for clues. Since making that pronouncement stocks, measured by the S&P, bounced to near 2062 before falling to trade near 2008 today. Bill Gross notes the…
Will Bill Gross Change His Trading Strategy In New Market Environment?
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.