Why This Wall Street Firm Wants Its Traders to Play Poker

Even before starting his own shop in 2021, Wien traded some of the most fickle instruments on Wall Street—derivatives tied to the Cboe Volatility Index—at Goldman Sachs and JPMorgan. 

Is Beating the Market a Myth? Insights and Strategies for the Astute Investor

Jeremy Wien, Managing Director of Moo Point Capital Management, had some encouraging words to say about the current market: ‘Beating the market over a lengthy period of time is certainly a challenge, but it’s far from impossible. I think it’s more doable in non-equity strategies that may be more willing to accept a higher volatility of returns. A long-only equity strategy—especially one that carries asset management fees and performance fees—is highly unlikely to beat the market over the long run.’

Link to the full article here: Is Beating the Market a Myth? Insights and Strategies for the Astute Investor

FOMO Sweeps Market for Tech Stocks

Some traders appeared to be caught off guard by the big rally and have been turning to the options market for a catch-up trade. "Many have missed this move higher," said Jeremy Wien, managing partner at Moo Point Capital Management. "They either want to get in (FOMO) or have to get in (underperformance)."

Link to the full article here: FOMO Sweeps Market for Tech Stocks

It’s Been Eerily Calm Out There. Some Traders Wager That Will Soon End

Jeremy Wien, managing partner at Moo Point Capital Management, said that, relatively speaking, the VIX hasn’t been sounding the all-clear signal many think. The gauge, which measures expectations of volatility in markets, has been trading at a premium to the level of volatility that’s actually being recorded in markets.

“In that sense, the market is expecting things to be less calm than they’ve been for the last few weeks,” Mr. Wien said.

Link to the full article here: It’s Been Eerily Calm Out There. Some Traders Wager That Will Soon End