NEoWave Blog
7/19/2019 - NEoWave Staff

Glenn Neely's NEoWave Equity Fund is UP 23.93% for 2019!

A note from NEoWave Equity Fund Manager Glenn Neely: 

"Nearly 3 years ago, I realized trading just 4 ETFs (the SPY, TLT, GLD and FXE) would never get my Equity Fund where I wanted it to go. The opportunities simply were not plentiful enough to produce interesting results. Even worse, 3 of the 4 ETFs I was following had drifted for 3 years -- there were no trends to take advantage of.

In late 2016, I had had enough. So I began working on systems to expand my ability to cover thousands of US equity markets and ETFs. In addition, I began to study complex Options strategies that would enable us [Glenn Neely and fund members] to make money even when markets went nowhere. It was a massive undertaking, but I knew it had to be done and that it would ultmately pay off. 

To fully implement the transition, I needed to STOP TRADING the first 2 of months of 2018 to get the systems in place that Steffen (my computer programmer) and I had been working on.

Beginning March 2018, I started implementing this new approach, many with complex Options strategies such as covered Calls, Call Spreads, Put Spreads, Strangles and Married Puts. 

Such a massive change from the past approach created a rough start -- I had to calculate the performance of every single position manually on a daily basis (an 8-10 hour process) to determine if an investment required exiting or the addition of profit-protecting Options strategies. Following the massive market meltdown of late 2018, I realized a speedier, more advanced money mangement approach was required.

In late 2018, I discovered that Tradestation allowed the downloading of ALL portfolio data, which could then be manipuated to produce very detailed, strategy-specific position performance data. I asked Steffen to create macros to exploit this technology, which then made it possible to manage an almost unlimited number of positions (currently, the Fund is holding 57 positions). 

In addition, I use my MOAT Index to determine market trend across all markets; Neely River Trading technology to identify objective, low-risk entry points; and my new Excel Money Management Macros to track and analyze every position from a multitude of financial perspectives!

As a result, starting January 2019, I began my Fund with the most sophisticated arsenal of trading tools I've ever had in my 36-year trading career. 

What is the IMPACT of my Fund's expansion into ALL U.S. markets (thousands of U.S. stocks and ETFs), the automation of Neely River Trading technology into Tradestation AND the addition of our new money mananagement macros?

The NEoWave Equity Fund was up 23.93% for 2019! Plus, it is outperforming the S&P 500 by 5.39%! 

In my 36-year career, I've never been more confident of my ability to produce positive, long-term returns and to do so at lower risk than ever before. Consequently, this is the BEST TIME EVER to invest in the NEoWave Equity Fund."

What makes the NEoWave Equity Fund unusual?
1. NO entry Fees
2. NO exit Fess
3. NO performance fees (for at least 1 year)
4. NO long holding periods (quickly get your money in and out)
4. Only a 1% yearly money management fee
5. Investments can start as low as $25,000

Now is the time to invest!
If you'd like to become a member in the NEoWave Equity Fund -- and let a professional take over your IRA or investment of speculative capital -- this is the best time to do so.

Click to learn more about the NEoWave Equity Fund: