Sherwood Forest Updates
Market Commentaries are Provided for Informational Purposes Only
Press Release: Sherwood Forest Alternative Fund
For Immediate Release SHERWOOD FOREST ALTERNATIVE FUND ACHIEVES STEADY GAINS THROUGH THREE YEARS WITH TREND FOLLOWING STRATEGY RICHMOND, VA. May 1, 2012 – Alternative instruments as portfolio diversifiers are catching on with investors and financial advisors alike. In today’s volatile stock market, they merit attention because they can readily provide ballast in investor’s portfolios and smooth out the ups and downs of market moves. Sherwood Forest Alternative Fund, managed by Sherwood Forest Capital Management, in Richmond, VA., is a true alternative investment. It has...
Press Release: “Fixing” Managed Futures Mutual Funds
SHERWOOD FOREST ANNOUNCES “FIX” TO PROBLEMS OF MANAGED FUTURES MUTUAL FUNDS RICHMOND, VA. – May 1, 2012—Investors looking for alternatives to equities and fixed income investments may want to try Managed Futures Mutual Funds. Proponents say the main advantage of Managed Futures Mutual Funds is their low correlation to other traditional investments. They can go long and short in rising or falling markets, and have the potential to improve returns and reduce volatility in a portfolio. Recently, returns on the category have been mixed. But the Sherwood Forest Alternative Fund, m...
Market Commentary | April Monthly Report
The first quarter of 2012 brings in the twelfth year of what many refer to a secular bear market. Whatever you want to call it, the general equity markets have gone nowhere for a long time. The end of the “buy-and-hold” era came with the new millennium. The equity markets have suffered two dramatic declines during these last twelve years. If one was to review previous secular bear markets, it would suggest that we may not be done with this series of dramatic rises and declines. Currently it appears that this cyclical bull market (within the secular bear) remains intact for the t...
Monthly Commentary Report: March 2012
In our last report we noted that the New Year had brought in a new market environment. We now have a bullish alignment of the market’s averages on multiple time frames. We also suggested that the market showed signs of being over-extended and needing a pause or correction. February 29th, may have started that correction process as we saw the Russell 2000 close just under recent support, and potential short-term failure of the Dow Jones Ind. Avg, and S&P 500 at major resistance. Due to the observation that there are bullish conditions in multiple time frames, it would suggest that...
Sherwood Forest Bi-Weekly Report | Market Commentary
The market environment has completely changed from the volatile, trendless environment in 2011 to a low volatility trending one in the beginning of 2012. Informal research since the turn of the calendar reveals that the last three years have been the worst environment for trend followers for many years. The Managed Futures Category, which is a collection of diversified Trend Following strategies, suggests that it was the worst three year period since the inception of their index, dating back to 1994. Some will read this anecdotal evidence and suggest that Trend Following, as an investmen...
Market Review and Commentary, Bi-Weekly Report
We waited until today to produce our bi-weekly report so that we could have a clean look at the important month-end charts. The price action reversal in the monthly charts from the downside that occurred during the second half of 2011 is now showing signs of reversing back to the upside. During the previous cyclical bear markets of this decade, no signs of a reversal occurred, until the cyclical bear ran its course with the major averages at significantly lower levels. We do not speculate as to why this reversal occurred, but we understand that global central bank intervention may have h...
Reviewing Sherwood’s Objective, New-Year Marketing Conditions
I am more than happy to close out 2011 and am carefully monitoring the price evidence as we welcome in 2012. There are significant changes appearing as the new year rolls in. Since late Summer of 2011, I have noted the change of the primary trend to the downside for the first time since this important price trend turned up during the Q2 of 2009. Today the primary trend remains down. But there is underlying evidence that suggests that the primary trend may be at risk of changing again to the upside. I am seeing indications of a reversal in the primary trend that did not appear in the...