ProfitScore Update – September 2024
To the clients and friends of ProfitScore: At ProfitScore, our trading approach is guided by market Regimes. While various factors influence our specific trading decisions, understanding the market’s current state or regime is a key component in how we position our portfolio. Many of you…
ProfitScore Update – September 2023
To the clients and friends of ProfitScore: The Inverse Dance of Equities and VolatilityEquities and volatility, two vital financial metrics, often engage in a rhythmic dance, moving in opposite directions. Here’s a glimpse into their inverse relationship. The Inverse Tango: Historically, when stock prices (equities) rise,…
ProfitScore Update – August 2023
To the clients and friends of ProfitScore: In the previous month, we explored the consequences of passive indexing on correlations. This month, we shift our lens to optimizing correlations within portfolios. As finding uncorrelated asset classes becomes increasingly complex, we’ll delve into the merits of…
ProfitScore Update – October 2022
Inflation Adjusted Equity/Bonds To the clients and friends of ProfitScore: With all the talk of inflation, there is one element that you don’t see much. The S&P is down -17.75% through October, but adjusting for inflation puts the S&P down -23.05%. For reference, the S&P…