Markets Advance, but are Challenged During the Quarter
In Market Analysis onRead moreThe strong rally that began at the end of March continued through early September, and then turned lower as covid cases continued to escalate across the country, causing fears that the market rally had gotten too far ahead of itself. In the past couple weeks, however, stocks have moved higher once again. Our algorithms moved us into a defensive posture
Toews Returns to Fully Invested Positions as Markets Rally
In Market Analysis onRead moreAfter ending the last quarter in a fully defensive posture, Toews models began triggering buys as the markets rallied off of the lows of late March. Between April 14 and April 17 we moved to a bullish posture in US Stocks and High Yield Bonds, and on May 26th we completed our move to bullish positions in International Stocks. We’ve
Phil Toews’ Appearance on Cheddar TV
In Market Analysis, Media Appearances onRead moreNote: Toews’ opinion regarding future GDP growth is not determinative.
Aiming to Bring the Quantitative and Qualitative back in Sync
In Market Analysis onRead moreRecent market turmoil followed by gains left some investors confused about where to go from here. Buying into risk assets after significant drops is never easy. The ability to move against intuition remains a critically important characteristic of our investment philosophy at Toews. High Yield Bonds Show Elevated Return Potential Returns in high yield bond models are primarily made up
Toews Fully Defensive in Q1 as Coronavirus became Global Pandemic
In Market Analysis onRead moreIn January, when cases of COVID 19 appeared to be increasing exponentially in Wuhan, financial markets around the globe began to react. After initially declining, stocks briefly rallied before beginning one of the most rapid and ferocious declines in history. Our strategies began to move to defensive positions on February 25, became fully defensive on March 3, and remained defensive
