Bull, Bear & Black Swan Report
No predictions. No noise. Just clarity, process and mindset.
A monthly report that trains you how to think, decide and adapt. Built on trend following principles, not gut feeling. Each issue takes one powerful idea and turns it into a tactical edge, with lessons from how the pros survived and thrived over the last 75 years.
Timeless trading philosophy in motion
Each month you get a strategic operating system for thinking and acting as a trend follower, not reacting like the herd. New, seasoned or sharpening your edge, it rewires your decision-making and arms you with pressure-tested tools for uncertain markets.
Tell you where the market will go
Bold forecasts. False certainty. Predictions that look smart until they don’t.
Shows you how to survive and ride trends
A blueprint for volatility, ambiguity and chaos. It trains your mind to act on the battlefield.
FAQs
I bought Essentials or Mastery. Do I already have access?
No. The Report is a separate subscription, built to complement what you already have. Essentials and Mastery give you the trend following system: the rules, the process and the structure. The Report keeps that system sharp month after month, with fresh market context, historical lessons and mindset work that help you stick to your rules when it counts.
How do I receive each issue?
Each issue is delivered by email to the address you subscribe with, once a month.
When does my first issue arrive?
Right away. You’ll immediately receive the current issue when you subscribe. After that, each new issue arrives on the 15th of every month.
What happens after 12 months?
Your annual subscription renews at $797 per year so you never miss an issue. You can cancel before your renewal date at any time.
Who is Michael Covel?
Michael Covel is the President of Trend Following, author of the book Trend Following and host of the Trend Following podcast, where he has interviewed many of the world’s top traders, economists and thinkers. The report distills those lessons into one monthly read.
12 monthly issues. Billed once a year.