cxoadvisory.com / .cxoadvisory-com

"Developed Country Stock Index Momentum?" summarizes a short paper finding that MSCI developed country stock market indexes may exhibit exploitable momentum since 1970. However, indexes do not include costs of maintaining index-tracking funds, and ...

Is there an easy, low-frictions way to implement an attractive momentum strategy at the country market level? In his short October 2025 paper entitled "The Lazy Man's Momentum Strategy", flagged by a subscriber, Javier Estrada tests a "lazy" momentum ...

Does bitcoin now behave like a conventional financial asset? In their short November 2025 paper entitled "From Time-Series Momentum to Size-Factor Comovement: Bitcoin's Continuing Evolution as a Financial Asset", Samuel Rosen and Hongcheng Wang ...

Can a large language model (LLM) applied to social media data catalog the strategy choices, sentiment and trading behavior of retail investors? In the November 2025 revision of their paper entitled "Wisdom or Whims? Decoding Retail Strategies with ...

We have updated monthly allocations and performance data for the Simple Asset Class ETF Momentum Strategy (SACEMS) and the Simple Asset Class ETF Value Strategy (SACEVS). We have also updated performance data for the Combined Value-Momentum Strategy.

Below is a weekly summary of our research findings for 11/24/25 through 11/28/25. These summaries give you a quick snapshot of our content the past week so that you can quickly decide what's relevant to your investing needs. Subscribers: To receive ...

The home page, Simple Asset Class ETF Momentum Strategy (SACEMS) and Simple Asset Class ETF Value Strategy (SACEVS) now show preliminary positions for December 2025. SACEMS rankings are very close for ranks 3 and 4, which could flip by the close.

"Nixed: The Upside of Getting Dumped", flagged by a subscriber, finds that "index deletionscould add an abnormal upside to a portfolio when the current growth-dominated bubble starts to deflate." The authors have quantified findings as the Research ...

How do exchange-traded-funds (ETF) focused on Treasury Inflation-Protected Securities (TIPS) perform? To investigate, we consider ten of the largest TIP ETFs, all currently available, as follows: iShares TIPS (TIP) Schwab U.S. TIPS (SCHP) Vanguard ...

Do analysts/investors predictably and exploitably misinterpret tones of earnings calls? In their October 2025 paper entitled "Do Investors Get It Right? Reaction Bias to Earnings Calls", Zhenzhen Fan and Fred Liu study interactions between textual ...