Why Might the Leveraged ETF Grind Not Work?
November 19, 2009 - Volatility Effects
“…many investors have been lured into the idea that shorting a pair of leveraged ETFs is a sure gain.”
November 19, 2009 - Volatility Effects
“…many investors have been lured into the idea that shorting a pair of leveraged ETFs is a sure gain.”
November 19, 2009 - Equity Options
…evidence indicates that option collars may substantially improve the performance of ETFs and mutual funds over fairly long periods that include bear markets.
November 18, 2009 - Fundamental Valuation
The author therefore employs a strategy that agrees with your hypothesis.
November 16, 2009 - Equity Options
…this logic assumes that the options market maker (or other options trade counterparty) is ignoring or underestimating the impact of the grind when pricing the options.
November 13, 2009 - Aesthetic Investments, Individual Investing
…evidence suggests that: (1) the wealth of the wealthy drives art prices; and, (2) art prices tend to evolve with, or somewhat behind, the equity market at a similar pace.
November 12, 2009 - Sentiment Indicators, Volatility Effects
…evidence suggests that: (1) VIX may contain an extractable component of irrationally felt risk negatively related to stock returns; and, (2) rational investors may not have fully exploited this relationship.
November 10, 2009 - Miscellaneous
You might find “The Periodic Table of Finance Bloggers” at The Reformed Broker interesting.
November 10, 2009 - Strategic Allocation
…evidence from a relatively short history of global stock returns indicates that portfolio weighting based on mechanical metrics other than market capitalization may enhance raw and risk-adjusted return.
November 9, 2009 - Equity Options
…traders may find Day Trading Options an interesting exploration of potential short-term options pricing inefficiencies and of approaches to exploiting such anomalies. However, the book presents no associated model of reasonably sustainable portfolio-level returns.
November 8, 2009 - Fundamental Valuation
The only place Tobin’s q shows up on CXOadvisory.com at present is…