ASYMMETRY® Observations are Mike Shell’s observations of investor behavior causing directional price trends, global macro, tactical ETF trading, momentum stock trading, hedging, volatility trading, and risk management that creates asymmetric investment returns. An asymmetric return profile is a risk/reward profile with a positive asymmetry between profit and loss. Mike Shell is the founder of Shell Capital Management, LLC and the portfolio manager of ASYMMETRY® Global Tactical
When the Cycle Is Intact but the Margin of Safety Is Gone
Markets rarely break because of the headline everyone is watching. They tend to correct when valuations are stretched, liquidity tightens, and investors are positioned for the best outcome. That combination creates a fragile environment where downside risk expands faster than upside potential. Read More