Rick is the President of Bensignor Investment Strategies, and the author of the global macro trends report, “Supposedly Irrelevant Factors”. This weekly newsletter provides behavioral market analysis and specific trading/investment recommendations across the four major asset classes. As part of this service, Rick works closely with portfolio managers and trading desks, helping them better implement profit-making strategies around core holdings. He also increases overall portfolio returns by improving both short- and long-term entry and exit points, and frequently alerts clients where previous market/stock buyers will turn into net sellers – and previous sellers into net buyers – well before they are obvious to the Street.
Rick’s general strategy is to fade newly determined exhausted trends – no matter the time frame. He is considered one of the Street’s premier market timers, and has been written about in several books, including the late Barton Biggs’ book, “Hedge Hogging”, and two books about trading the markets by Jim Cramer. In 2019, Rick’s 28 specific formal newsletter trade recommendations returned 112.32% on invested capital; in 2018, it was 24.32% on 32 formal recommendations; and in 2017, his 39 formal recommendations yielded a 75.07% return.
Rick’s career experience is virtually unparalleled on the Street; he is the former well- known Morgan Stanley Chief Market Strategist. and was also Head of Cross-Asset Trading Strategy at Wells Fargo Securities; Chief of Behavioral Market Strategy at Dahlman Rose & Co.; and Head of Futures, Commodities, and Technical Analysis sales and product development at Bloomberg, LP. He started his career spending 12-years trading as a floor broker and independent trader on COMEX, the New York Futures Exchange, and the Coffee, Sugar, and Cocoa Exchange. Moreover, Rick was asked by NYU to not only develop their entire Behavioral Finance Theory program, but was also the course writer and instructor of its core class. He taught a total of 11 semesters there, also teaching classes on trading and winning trader psychology.
Rick appears regularly on CNBC Bloomberg TV, and Fox Business TV; is frequently quoted in the Wall Street Journal, Bloomberg News, and other business publications; and is often a featured panelist at major market-related conferences.