Description
Book SynopsisIn
Trader Vic on Commodities, Wall Street legend Victor Sperandeo explains in simple terms how these markets operate, removes some of the mystique and uncertainty involved, and offers a proven method for capitalizing on commodity market trendswithout taking giant risks. Sperandeo shows that, as commodities are cyclical in nature, your goal should be to capture as much of the major market trends as possible, while balancing that goal with a minimum of risk.
Table of ContentsPreface ix
Acknowledgments xiii
CHAPTER 1 The Basics 1
CHAPTER 2 You Can’t Win Them All 9
CHAPTER 3 Indicators and Tools 15
CHAPTER 4 2B or Not 2B: A Classic Rule Revisited 23
CHAPTER 5 An Introduction to the S&P DTI 35
CHAPTER 6 A Challenge to the Random Walk Theory 45
CHAPTER 7 The Rationale and Value of a Long/Short Futures Strategy 67
CHAPTER 8 Why the S&P DTI Is an Indicator 81
CHAPTER 9 The Fundamental Reason the S&P DTI Generates Core Returns 105
CHAPTER 10 The Nature of the S&P DTI Returns 115
CHAPTER 11 A Fundamental Hedge 133
CHAPTER 12 S&P DTI Subindexes: The S&P Commodity Trends Indicator and the S&P Financial Trends Indicator 139
Afterword 143
APPENDIX A S&P DTI Methodology and Implementation 147
APPENDIX B How to Interpret Simulated Historical Results 177
APPENDIX C Correlation Statistics 191
About the Author 195
Index 197
