Stock Market Update | June 18 2024
I really like the diversification from different markets like this so I wanted to reemphasise it here because I believe that many traders have way too much of a “Home Bias” (hat tip to Greg K who I was speaking to today who gave me this term) and as a result don’t diversify internationally.
I am looking forward to the next iteration of my capital allocation so I can add this new market to my portfolio!
Our Dolphin signal service system (Equity curve below) also continues to hold up well given it is a highly selective mean reversion system on a US ETF. One interesting observation of this system is it is for patient traders – it doesn’t signal very often, but when it does they tend to be good trading opportunities. If you want a low maintenance systematic approach to trading without doing the work yourself, Dolphin is a great approach.
Dolphin Backtested Performance Statistics
- Compound Annual Return: 18%
- Average Exposure: 14.8%
- Risk Adjusted Return: 124%
- Max Historical Drawdown: 23%
I am liking mean reversion on ETFs much more than I do on stocks (I have both), but the Dolphin system is one of my favourites. (Click here to find out the details and subscribe to Dolphin)
