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
Many investors believe bonds protect them when equities fall. But in certain regimes, that relationship breaks down. When inflation, rates, and growth expectations pull markets in different directions, the hedge investors rely on may stop working. Read More