Key Takeaways
- • Trend-following author Michael Covel announced the launch of "Trading University," a new educational project, according to a post on his Trend Following Trading Systems site dated November 15, 2026.
- • The launch post invites readers to "give it a test drive," with Covel stating that more content is forthcoming.
- • The primary source does not describe course content, pricing, or enrollment terms beyond the title, which references bubbles, black swans, and crisis alpha.
Summary
Michael Covel, a longtime proponent of trend-following strategies, announced on November 15, 2026 that he has launched a new project called Trading University. According to the post on the Trend Following Trading Systems website, the project has just gone live and Covel said further material will follow. He encouraged readers to try the offering directly.
The post is titled "Trading University: Bubbles, Black Swans and Crisis Alpha," a framing that points to recurring themes in systematic trend-following: identifying asset price bubbles, managing exposure to low-probability extreme events, and the concept of crisis alpha, the tendency of trend strategies to generate returns during periods of market stress. The primary source itself does not expand on these topics, list specific modules, or provide details on access, cost, or instructors.
For institutional readers, the announcement is primarily a product launch from an independent commentator rather than a fund, manager, or regulatory development. No assets, performance figures, or allocation decisions are reported.
The post is titled "Trading University: Bubbles, Black Swans and Crisis Alpha," a framing that points to recurring themes in systematic trend-following: identifying asset price bubbles, managing exposure to low-probability extreme events, and the concept of crisis alpha, the tendency of trend strategies to generate returns during periods of market stress. The primary source itself does not expand on these topics, list specific modules, or provide details on access, cost, or instructors.
For institutional readers, the announcement is primarily a product launch from an independent commentator rather than a fund, manager, or regulatory development. No assets, performance figures, or allocation decisions are reported.
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