Archives

August 2018 Performance Report

Industry Benchmark Performance Early reporting of equity long programs shows that a new leg in the bull market translates into hedge fund gains. All the funds that we follow posted profits in August, but year-to-date still lags the passive indices by a long way. CTAs had a much better month, allowing them to reduce losses. The last quarter of the year tends to be good for trading, so the final … [Read more...]

July 2018 Performance Report

Industry Benchmark Performance Equity funds added a little to their gains for the year, with Equity Long funds up 2%. CTAs continue to struggle. All categories of CTAs are posting small losses for July and all are down for 2018. Blogs and Recent Publications Find this at the end of this report. We post new interviews and reference new articles each month. July Performance in Brief After … [Read more...]

June 2018 Performance Report

Industry Benchmark Performance Reporting is only in for futures, with the BTOP 50 showing a gain of 0.67% and the SG Index a gain of 0.44%. A few equity hedge funds have reported, but then the ones with better performance tend to post faster, so we’ll look for very little change in June, much like the SPY, which was up 0.57%. Blogs and Recent Publications Find this at the end of this … [Read more...]

April 2018 Performance Report

Industry Benchmark Performance Small gains in most hedge funds and 2018 returns on both sides of zero. Futures CTAs are not doing any better, with small gains and slightly larger losses for the year. Short-term trading seems to be doing better, if only with positive returns for the year. Blogs and Recent Publications Find this at the end of this report. We post new interviews and reference … [Read more...]

March 2018 Performance Report

Industry Benchmark Performance Due to the holiday, equity performance has not yet been updated. We will post industry performance as soon as it is available. Futures posted minor losses in March, similar to our own performance. This will also be updated. Blogs and Recent Publications Find this at the end of this report. We post new interviews and reference new articles each month. March … [Read more...]

February 2018 Performance Report

Industry Benchmark Performance We would like to see futures profitable when the stock market drops, but that’s not yet the case. If equities keep moving lower, futures programs will short the equity index markets and, with leverage, produce enough profits to offset stock losses. That doesn’t happen at the start of a sell-off, and we have no reason to believe (yet) that the sell-off will … [Read more...]

January 2018 Performance Report

Industry Benchmark Performance In the table below, January’s returns are shown in the left column, and the 2017 returns to the right. A good start for 2018, especially for futures. Equity hedge funds gained from 1.93% to 3.37% for program similar to ours, although ours were up by 6% to 8% in January. Also, one of the best starts in futures for the industry, ranging from 4% to 6%, but falling … [Read more...]

December 2017 Performance Report

Industry Benchmark Performance Another good month for the hedge fund index, but lagging 10% behind the S&P. Long-only equities did a bit better while other equity funds posted good, but lower returns. We understand that the purpose of the funds is to have steady returns and protect against drawdowns. If that works, then a lower profit in 2017 is easy to accept. CTAs ended, on average, … [Read more...]

What Are the Odds That You’ll Survive the Next Price Shock?

Don’t you wonder, when you invest in the stock market, “What are the odds that I’ll be successful?” and “What are the odds that I’ll be wiped out by some price shock?” Actually, it sounds better when it’s in a positive way, but it’s just the other side of the old “risk of ruin.” If there is a 25% chance of reaching the maximum you are willing to risk, then there is a 75% chance of achieving your … [Read more...]

Living Off Profits

Our daughter trades, but she needs to make enough to live on. That bothers me because withdrawals constantly drain the account and makes it impossible to compound the returns, the key to accumulating wealth. I’m sure she’s not the only trader with that problem. The question that I ask is, “how much can you withdraw and still keep trading?” Let’s take a simple example, using the SPDR SPY from … [Read more...]

© copyright 2018 www.KaufmanSignals.com Terms & Conditions Disclaimer Privacy StatementSite CreditsLogin