Click on the image above to listen to the podcast Why Markets Can’t Stop Trending In this episode of the Systematic Investor series, Niels and I dig into a question that sounds simple but unravels almost everything the textbooks teach:...
A conversation with Ponch Rivera and Moose McGrath on No Way Out Some conversations move forward because both sides already share a vocabulary. The recent episode of No Way Out with Brian “Ponch” Rivera and Mark “Moose” McGrath was one...
“Iran De-escalation Reverses Energy, Equities Hit Record Eighth Week, and the Barometer Slips Back to Neutral at 45%“ Trend Following Weekly Report The week inverted last week’s regime. Energy reversed sharply lower, the sector averaging -3.30 percent with five of...
April delivered a fourth consecutive month of gains across all three major trend-following benchmarks, with the trailing twelve-month figures pushing into their strongest territory of the cycle. Our latest TTU Trend Following Performance Report is now available. The Headline Numbers...
The Natural History of Markets: A Field Guide to Finance as a Living System A ten-part series that examines markets the way a naturalist examines an ecosystem — and what it means for how you think about edge, survival, and...
Introduction Systematic trend following performance in April 2026 navigated one of the most turbulent months in recent memory. The benchmark gained +2.99 percent as geopolitical shocks, tariff anniversaries, and sharp sector reversals tested the resilience of rules-based processes. Despite the...
“Energy Surges, Precious Metals Slump, and the Barometer Climbs Back to Strong at 57%“ Trend Following Weekly Report Alignment returned faster than breadth could broaden. Energy reversed sharply higher, the sector averaging +5.70 percent with five of six contracts moving...
A provocation, and a serious argument for why the equilibrium framework has run its course, and what should replace it. In 2008, as the financial system teetered, Queen Elizabeth II visited the London School of Economics and asked a simple...
The Argument, Complete Ten foundations. One coherent case for why the Outlier Hunter’s programme is built the way it is, why each element depends on every other, and where to go next. Previous: Foundation 10: The Psychology of Following a...
When Convexity Cuts Both Ways: The Other Side After March 2026 broke a two-month streak of universal gains with every benchmark finishing negative, April delivered the reverse: the strongest trend-following month of 2026 to date, with every benchmark in the...
