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October 25, 2012
Surfing with Sharks

Surfing with Sharks

Original Commentary: December 14, 2007 Just north of Santa Cruz, California up Highway 1 there is a hidden gem for surfers. It’s an isolated beach with some nice rights (waves that break from right to left). It’s a steep wave that wraps into a bowl, breaking hard and hollow on big days. “Four Mile”, (creatively named due to it’s proximity […]
December 12, 2011
Oh Trend..Where For Art Thou?

Oh Trend..Where For Art Thou?

A Flat 200 Day Average for U.S. Equities The lack of a discernible trend can be seen in the 200 day moving average. The 200 day average is widely accepted as a good indication of longer term market trends, and is illustrated in the chart of the S&P 500 below. Notice the clear rising and falling slope, regardless of Bull […]
July 31, 2011
The Fed and Market Volatility

NOT So Lazy Summer Days

Anchor Capital’s Absolute Return strategies have remained hedged and/or net short during this decline, with several strategies positive on the month in the face of record declines.  More on those records later. Here is a brief overview of current markets, and where we see opportunity. On Friday, August 5th 2011 Standard & Poor’s downgraded U.S. treasuries from AAA to AA.  The […]