Commodities remain the best performing asset class for 2014. Its noteworthy that hedge funds have recorded a poor quarter’s performance but especially in the last month. To the long side, stocks tracked by Deutsche Bank AG with the highest concentration of hedge fund ownership were down 4.5 percent from March 7 through last week. To …
Continue reading “Commodities Update – CS,DB,BC – 02nd April14”
Of all the weekly reports that come through its the trio of the Citi, UBS and AG reports that I am drawn to. I like the CS macro pulse and the GS weekly tech also the Barcap tech. There are many runners up in terms of analysis but top trio are standouts in my view. …
Continue reading “Weekly Technical Analysis – AG,GS,CS,DB,Citi,BarCap,Yardeni – 1st April14”
I have a heap of 25 reports to load up this weekend so i will be posting those with some capsyn comments. Briefly though this just hit my electronic desk so i wanted to bring you the latest Fitzpatrick comments here below. The comments are quite technical in nature but extremely insightful. Happy to pick …
Continue reading “Weekly MM Update – Citi Fitzpatrick – 28th March14”
Here below are the two latest reports from Fitzpatrick and his team at Citi. He argues the strong dollar case along FI and divergent interest rate lines. Its a strong case and one which, interestingly, he doesn’t see negatively impacting gold. Here is his latest weekly report: citi-tech-20-3-14 And here Citi’s latest interim update with …
Continue reading “Weekly Multi Market Technical Analysis – Citi Fitzpatrick 24th March14”
Here below please find the Swiss team’s latest weekly technical analysis report on the major international asset markets. They pick up many of the same issues as we have already on the forum pages and prior posts inc the Biotech sector issues and also the SOX deeply overbought etc, etc. They remain medium term bullishly …
Continue reading “Weekly Multi Market Technical Update – “China Bullish Reversal” 25th March14″
Sunday night so time to be ready for the week ahead. Last week saw the bulls attempted to reassert themselves on what was, prior week, a bearish price candle across many equity indexes with a reasonable score of intra week volatility. By the close of business on Friday the Nasdaq had scored a decent perfect …
The US equity markets are in line of sight of a full reversal of last week’s bear candle in only two trading sessions. Its certainly very impressive price action for the bulls. A reversal of price like this on the weekly would be bullish and invite those short to cover and reverse potentially. From failed …
Continue reading “Weekly “MM” Technical Analysis “>1867 Opens Re-Test Of SP500 Highs” 18th March14″
We are almost exactly 5 years into one of the longest cyclical bull markets of the last century. And within this cyclical bull market we are at a point of significant technical “stretch” on a many different metrics including not having testing the 200 day moving average since 2012 or not having experienced a 10% …
Its that time of the week for the usual Swiss team’s comments and analysis. An excellent timely report as usual. We are at a critical junction across markets at present usual but a bit more concise as we are in difficult zone here across many instruments. The Geopolitical situation is also playing into the mix. …
Continue reading “Weekly Multi Market Technical Analysis – “Watch China” 11th March14″
In spite of the recent euro strength few are betting with her for now. The consensus view is that the 1.39 area will likely hold vs the US$. JP below are allowing for an outside move to 1.42 as the maximum level the euro could achieve and they have raised their 2014 average eurusd value …
Continue reading “Multi Market Macro & Technical Analysis Reports – JP,Citi,MS,CS 09th March14”
We got a big move in the euro yesterday and this is feeding into all asset markets in the near term. Here Commerz on the news flow: commerz-fxstrat-6-3-14 The question all asset and wealth allocators must be asking themselves this morning is whether this is the start of a meaningful medium term trend of euro …
Continue reading “FX Strategy & Technical Analysis Update – BarCap,Nomura,Citi – 6th March 2014”
We are in a choppy near term directional zone here would be my comment with a tendency towards testing the recent buying supports. All the technical issues remain unchanged. If we get yet another higher high it will be on the basis of significant divergence to momentum. The Swiss team are traveling today. They may …
Continue reading “Multi Market Wkly Reports – Update CS,JP,SC – 3rd March13”