Author: Richard Brennan

The Game That Builds Its Own Board If the universe emerges from rules, infinity is a category error. A companion essay series to Complex Adaptive Markets: How Living Systems Shape Finance Next: Episode 2. The Rheomode Imagine sitting down to...

“Time and again, our work is judged by instruments built for a different game and against objectives we never chose. This is a long look at what actually separates the classic trend follower from the rest of the investment world,...

“Risk Appetite Returns: the Equity Indices and Metals Rebound and Soft Commodities Lead as the Barometer Climbs to Very Strong While the SG Trend Index Slips Again“ Trend Following Weekly Report The week rebounded across most of the board, reversing...

“A trend persists until, self-similar at every scale, it does not; the turn is the market changing its mind about the future.” Fractals of Finance About This Report The ATS Classic Trend Benchmarking Portfolio is a systematic trend-following reference model....

The fifty greatest trends in forty years of futures markets, and what they reveal about luck, selection, and the futility of picking winners Warren Buffett, the most celebrated stock picker who has ever lived, is disarmingly honest about where his...

“Risk-Off Rotation: Energy and Metals Lead a Broad Decline as the Equity Uptrend Pauses and the Barometer Firms to the Favourable Boundary” Trend Following Weekly Report The week turned lower across most of the board, with the heaviest moves in...

Inside the Loop: Uncertainty in War and the Markets, Part One Episode 014 is live, and it is unlike anything the show has done before. This month Rich Brennan, Jerry Parker, Adam Havryliv and Mike Melissinos break the usual format...

A seashell, a coastline, and a stock chart are built from the same rule. Once you can see it, a price chart never looks the same again. Four animations, with everything you need to read them, whether this is your...

PREVIOUS: THE STILLNESS BEFORE | Episode 8 of 8: The Market That Keeps Talking After It Dies Why I wrote this I am a trend follower by trade, which is to say I make my living as one of the...

PREVIOUS: THE STILLNESS BEFORE | Episode 7 of 8: An Umbrella Is No Use in a Tsunami NEXT: THE STILLNESS BEFORE | A Closing Note: Why I Wrote It, and Whose Work It Stands On What we picture, and what...