Today marks some significant and remarkable changes in the High Sharpe and Quantum Return Portfolios.
Both portfolios have equity trend following strategies that help them take advantage of long term upward movement in equities.
Of particular note for the overall market is the fact that this month the portfolios lost 2 year positions in 3 prominent big tech names – NVIDIA, MSFT, and APPL.
This is yet another sign that a bear market may yet be in our future – and it is a very good reason to be a quantitative trader and let numbers take the emotions out of trading lest we become too attached to particular “favorite” stocks.