A Sensible Approach to Bitcoin

Last year when bitcoin had its fourth drawdown of 80% in the past ten years, I thought It might be a good time to reenter that market. Having traded digital assets in 2017, I was familiar with the reasons for owning bitcoin. I won’t reiterate them here. You can find information on bitcoin, blockchain, and…

Seasonality Factor

Our first look at calendar influences was in analyzing the best time during the month to execute dual momentum trades. Studies here, here, and here show that stocks perform best early in the month. This is when institutional investors make changes to their portfolios. Prices then are most representative of their true value. Here are the Sharpe and…