Mean reversion bets that a stretched market snaps back. 26 years of S&P 500 data show how often it does, and what happens in the cases where it keeps going.
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Why a stop-loss cannot protect you from an earnings gap, how to size for the gap instead, and a 3-question test for holding, trimming or closing before the report.
The dollar, commodities, bonds and stocks push on each other in a chain. How the chain works, why the bond and stock link flipped, and how to use it.
The warning signs that show up before a trend breaks, and why most reversal calls fail. A 3-stage way to read them without fighting the trend.
How to backtest a trading strategy: write the rules, charge real costs, read the right numbers, hold data back, and spot a result too good to be true.