Tarquin Coe, based in New Rochelle, NY, is the editor of The Coe Report, a brand of Chartcraft Inc. Chartcraft is a provider of market research and technical analysis, founded in 1947 by A.W. Cohen and a developer of many analytical tools still in broad use (e.g. the NYSE Bullish percentage, the ADvisory Sentiment Index, and the Broad Industry Group Bullish percentages).
The Coe Report is
a research paper providing intraday US trading ideas. It starts with a near-term strategic forecast on market direction, followed by stock and ETF trading ideas, presented clearly with reasoning, annotated charts, targets and stops. … Unlike many advisories and “tip sheets”, the report runs a long and short transparent model portfolio.
Coe manages Covestor’s Market Timing Technicals portfolio, which draws ideas from The Coe Report:
The investment style is top down, objective and combines both behavioral finance and technical analysis. Fundamentals play no role… The model incorporates a proprietary index that follows 120 advisors to determine general bullish/bearish sentiment.
Current top positions in the model include Proshares Ultrashort QQQ (NYSE: QID), iShares Barclays TIPS Bond Fund (NYSE: TIP) and iShares Barclays 20+ Year Treasury Bond Fund (NYSE: TLT).
Regarding allocation and turnover, Tarquin says: “Generally, allocation is in 5% lots. Higher conviction trades may carry more weight and more speculative trades will be lighter. The number of open positions will never exceed 20. Portfolio turnover is typically 10 trades/months, though certain months may trigger no trades. Heavy trading tends to occur during broad market turning points.”
You can view performance, risk, asset allocation and latest transactions for Tarquin Coe’s model here.
