It's Not About Risk and Return

Posted on June 20, 2018

      6/20/18   Market State 2: Bullish (26 days): Market State 2 Bullish/Rational - The Portfolio Thermostat operating system identifies the characteristics of 12 different market environments called “Market States.” Market States...

    Tactical Management vs Adaptive Portfolio Management

    Posted on May 31, 2018

      5/31/18   Market State 2: Bullish (11 days): Market State 2 is representative of a Bullish market environment. The evidence that confirms that the S&P 500 is in a low risk environment is undeniable. Canterbury Analytics studies, beginning on 12/31/1949...

      Troops Lead the Market as Volatility Decreases

      Posted on May 21, 2018

        Market State 2: Bullish (5 days): Early last week, the Market State shifted from MS 4 to MS 2.  This was due to a decrease in volatility (CVI).  Market State 2 has the following characteristics:   Long-Term: Bullish Volatility: Positive...

        Growth Leads the Market

        Posted on May 14, 2018

          5/14/2018 Market State 4: Bullish (13 days): The S&P 500 remains in Market State 4.  As a reminder, the characteristics of the current Market State 4 are as follows:   Long-Term: Bullish Volatility: Caution, but declining from previous...

          Risk Declining as Market Turns Bullish

          Posted on May 07, 2018

            5/7/2018   Market State 4: Bullish (6 days): The S&P 500 recently moved back to a bullish Market State environment (Market State 4) This bullish shift occurred following 58 trading days in high risk Transitional Market State environment.   Canterbury...