May brought a slight positive uptick to the index, to counter-balance the negative result from the month previous. Overall the index is still in a “plateauing phase” after a good start to the year. Please check below for more details.
Entries Tagged as 'report'
State of Trend Following in May
June 5th, 2013 · No Comments · the State of Trend Following, Trend Following
Tags: report
Trend Following Wizards – April 2013
June 4th, 2013 · No Comments · Trend Following, Trend Following Wizards
It’s already June and May’s already closed; but this report is for the performance of the Trend Following Wizards in April. Sorry for the confusion (and delay). Please find the full results further below. It was a good month, with the large majority posting positive monthly performances; and very similar for the YTD situation. May [...]
State of Trend Following in April
May 7th, 2013 · 3 Comments · the State of Trend Following, Trend Following
Slightly negative performance in April for the state of trend following report. The overall YTD return is still nicely in the black though Please check below for more details.
Tags: report
Trend Following Wizards – March
April 22nd, 2013 · 2 Comments · Trend Following, Trend Following Wizards
A very decent month for the Wizards: Only 6 negative returns with only one at less than -1%. The rest of the group posted positive results up to +3.22% for an average of 1.36% for the month of March. Only a handful of managers are in the red so far in 2013. Please find the [...]
State of Trend Following in March
April 2nd, 2013 · No Comments · the State of Trend Following, Trend Following
March is more or less a repeat of February: a modest gain with some volatility. The index closed shy of +2% for the month, closing above the +10% mark for 2013, with 3 straight winning months. Could be worse. Please check below for more details.
Tags: report
Trend Following Wizards – February
March 20th, 2013 · 1 Comment · Trend Following, Trend Following Wizards
Unfortunately, this month’s (negative) results are overshadowed by the sad news of Liz Cheval’s recent passing. A former turtle trader, she had a very successful trading career with an extraordinary performance track record. While I did not know Liz Cheval personally, I had the chance to communicate with her via email and this was enough [...]
State of Trend Following in February
March 5th, 2013 · No Comments · the State of Trend Following, Trend Following
2013 is starting well for trend following: another positive month for the index, which posted a 2% gain with a bit more volatility during the month of February. Please check below for more details.
Tags: report
Trend Following Wizards – beginning of 2013
February 28th, 2013 · 2 Comments · Trend Following, Trend Following Wizards
Apologies for the later-than-usual timing of this report. A busy schedule with lot of traveling and other projects have forced me to delay this until now. Here it is, and we can see that the Wizards are having a good start of the year with mostly positive performance. A nice change from 2012 – for [...]
Good start of the year for Trend Following
February 5th, 2013 · 2 Comments · the State of Trend Following, Trend Following
The year 2012 needed just one more month to close in the black… January was a strong month for the State to Trend Following report. Last month’s return takes us back above last year’s starting level. The index posted a performance of +6.27%, and you can see on the chart further below that it was [...]
Tags: report
Trend Following Wizards – Close of 2012
January 16th, 2013 · 7 Comments · Trend Following, Trend Following Wizards
To avoid a negative 2012 year, it would have taken the trend following Wizards a “December home-run” (or rather – from the cricket equivalent – “hitting for six“; quite litteraly as six is amount of percentage points by which the virtual index is in the red). Instead the performance for the last month of the [...]
State of Trend Following in December
January 3rd, 2013 · 9 Comments · the State of Trend Following, Trend Following
The year 2012 ended more or less as it started: down. Forget the intra-year peaks at +15%, these were all erased in the closing months of the year. A big up-and-down. Happy New Year to all readers! Hopefully 2013 will bring better times for trend following… Please check below for more details.
Tags: report
Trend Following Wizards – November 2012
December 17th, 2012 · 5 Comments · Trend Following, Trend Following Wizards
Mixed results for the penultimate month of the year with a slight bias to the downside (-0.61%). The index now stands at -6.64% YTD. It would take a very strong December to get the performance back in the black for 2012. Note that I have not updated the list components, still showing JWH as N/A. [...]
State of Trend Following in November
December 3rd, 2012 · 4 Comments · the State of Trend Following, Trend Following
The downwards slide keeps going, with the index being now near the lowest levels of the year at nearly -5%. Only Two and a half months ago, the index was hitting +15%… Please check below for more details.
Tags: report
Trend Following Wizards – October
November 19th, 2012 · 8 Comments · Trend Following, Trend Following Wizards
Most of you probably heard about John W. Henry exiting the CTA business by now (articles from wsj and futures mag). It was unlikely triggered by JWH October’s performance (the road to the demise has been quite longer than this: AUM had shrunk by 95% to $100M since 2006) but looking at the report for [...]
State of Trend Following in October
November 2nd, 2012 · 12 Comments · the State of Trend Following, Trend Following
Not the worst month of the year… but not far for the trend following strategies in this month’s report. The direct result is the index closing in the red for the year for the first time since May. Please check below for more details.
Tags: report
Trend Following Wizards – September 2012
October 17th, 2012 · 6 Comments · Trend Following, Trend Following Wizards
Please find below the full details for the trend following wizards performance in September. Overall, a similar month to the previous one: on the negative side (a bit worse). Most managers are in the red with an average return of -2.88% -2.83%, taking the YTD figure back in the red too (-1.85% -1.62%).
State of Trend Following in September
October 2nd, 2012 · 8 Comments · the State of Trend Following, Trend Following
The more extreme and diverging readings from the middle of last month (from the different strategies/timeframes tracked) have “reverted to the mean” and converged to close September more uniformly and went on to post small losses for the month, while still keeping the YTD performance of this State of trend following report positive. Please [...]
Tags: report
Trend Following Wizards – August
September 17th, 2012 · 2 Comments · Trend Following, Trend Following Wizards
Please find below the full details for the trend following wizards performance in August. Overall, a negative month with most in the red and an average return of -1.68%.
State of Trend Following in August: Summer lull
September 3rd, 2012 · No Comments · the State of Trend Following, Trend Following
Not too much to report this month. It seems that the Trend Following strategies used in this report have taken a “bit of a breather” in August. The composite index stayed mostly flat during the whole month with all strategies showing less volatility than in the last few months At least, the YTD performance [...]
Tags: report
Trend Following Wizards – July 2012
August 16th, 2012 · No Comments · Trend Following, Trend Following Wizards
Nice start to the second half of the year… A left column full of black: a strong July for Trend Following Wizards who post a collective performance over 5% last month to get back in positive territory year-to-date. See full results below:
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