CTA Investing - Macro views from Capricorn Strategies

In general – Another week has gone by without any change in the general setup, which means the leading S & P; P 500 remains bid with very good chances to reach a new all-time high, whereas high beta FX fails to profit from it, or remains under pressure...

By all reckoning, the US dollar had a good week.  It rose against nearly all the major currencies, and against many broke out of recent ranges.  Ironically, the dollar gains more mostly scored before the surprisingly strong Q1 GDP print of 3.2%.  In...

For most managed futures managers, the modeling task is simple, look for trends or break-outs. Managers are not predictive but reactive to what market prices are doing. Looking at the current price data across the major sectors provide little evidence...

You must know your history:
How did it perform in the past ? What environments does it work best in ? What environments does it not do so well in ? How often does it work ? What is the historical range of outcomes ?
You must be able to assess the present:...