Category: Portfolio Theory

Portfolio Theory $DBC $EEM $IWN $IYR $PLW

A look at the 5 least correlated liquid ETFs. Commodities have stabilized over the last two months, but DBC technically remains in a downtrend. Long positions are remain speculative, but my gut tells me that there is more risk being short than long. The bounce I was looking for in emerging markets never materialized, and…


Portfolio Theory $DBC $EEM $IWN $IYR $PLW

Here is the weekly rundown of the 5 least correlated liquid ETFs. DBC is showing some signs of life on minuscule volume. Intuitively, I’m bullish commodities, but since they remain in a technical downtrend, I remain cautious. Emerging markets are bouncing within a newly formed downtrend. EEM looks capable of rallying from this point, and…


Portfolio Theory $DBC $EEM $IWN $IYR $PLW

This week’s look at the 5 least correlated liquid ETFs. After a hefty rally, commodities have resumed their fall, and DBC remains in a massive downtrend. Heed the words of famed economist and failed trader John Keynes, “the market can stay irrational longer than you can stay solvent.” Momentum in emerging market’s waning, and the…


Portfolio Theory $DBC $EEM $IWN $IYR $PLW

A weekly look at the five most liquid but least correlated ETF’s (excluding inverse’s). Last week’s call made here is playing out rather well. DBC is in a great rally from it’s lows, and has a volume pattern that often appears during bottoms. EEM has bounced nicely, and looks poised to breakout. Expect bulls to…


Portfolio Theory $DBC $EEM $IWN $IYR $PLW

A weekly look at the five least correlated ETF’s. Although oil made new lows, DBC has yet to do the same. If I see a X with volume, I may begin accumulating. EEM is pulling back within an uptrend, and once I see a X, I’ll get on board with a stop below last weeks…


Portfolio Theory

I was browsing here when I decided to start this column. I’m going to track 5 uncorrelated ETF’s with the premise that a combination of them will yield better risk adjusted returns than the SP500. Till I can find a better proxy, DBC will serve as my commodities aggregate, even if it is oil heavy….