PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS FEBRUARY PERFORMANCE: CLICK HERE TO DOWNLOAD THE UPDATED PORTFOLIO1 PERFORMANCE REPORT FEBRUARY RECAP –  THE VOL HEAD FAKE & TRAP A 12% spike in the VIX at the outset of February shook our mean reversion systems out of their January slumber and gave us several trade

JANUARY 2013 PERFORMANCE UPDATE PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS CLICK HERE TO DOWNLOAD THE PORTFOLIO1 PERFORMANCE ABSTRACT Portfolio1 ended the month of January 2013 up 0.71%, in a month characterized by low volatility with few trading opportunities.  Tight ranges in the S&P 500 and equity prices grinding higher resulted in Portfolio1

View PDF | View HTML IN REVIEW | February 2010 & the Month Ahead At the end of January and in our year end review, we noted that the macro conditions argued for rising volatility in the major averages with sideways to lower prices throughout February.  This was indeed the case in the first week

View PDF | View HTML IN REVIEW | August & September ROE Capital Performance I apologize for the lack of a September newsletter (reviewing August performance). I was traveling at the end of August and for much of September and was unable to produce one. The equity markets have been of two minds in 2010:

View PDF | View HTML IN REVIEW | July ROE Capital Performance After stumbling a little the first week of the month, both programs gained a solid footing and began a run toward their highs of the year. In the last week of the month, the surge over 1100 and subsequent profit-taking move in the

View PDF | View HTML IN REVIEW | May & June 2010 Performance As I have noted before, losing money is the aspect of trading with which I am least comfortable.  Since the market began pricing in the European debt contagion in mid May, my systems have underperformed my expectations.  Perhaps it would be more

View PDF | View HTML IN REVIEW | April 2010 ROE Capital Management Performance & Drawdown Analysis After a 39.78% run up for our Monticello program and a 33.20% run up for our Jefferson program, we turned in our first negative month in over a year, losing -4.98% and -4.74% respectively.  April began as did

View PDF | View HTML IN REVIEW | March 2010 ROE Capital Management Performance Editor’s note:  I apologize for the lateness of this update.  I was traveling at the beginning of the month and unable to process the newsletter prior to the holiday. As US Equity markets drifted higher and volatility drifted lower in March

View PDF | View HTML IN REVIEW | January 2010 & the Month Ahead The hangover of the December holidays typically lingers a few weeks into the new year and 2010 was no exception.  Tight ranges in the S&P gave us very few trading setups early in the month. We spent a protracted amount of

View in PDF | View in HTML Dear Clients, Colleagues and Friends, The arrival of a new year affords us the opportunity to review the year which has passed and muse about the prospects of the year which has just begun.  In doing so, we hope to draw some substantive conclusions about where we have