Guys, i post below a quick tactical update here given the step change in volatility from the recent market movements. US Risk SP500 and Technology have both over shot and reached record overbought territory on their weekly and daily time frames. With sentiment at contrarian levels and the SP500 reaching 3350, risk markets have moved …
Continue reading “Technical Analysis – “SP500 Tactical Top Confirmed” – 28th Jan20″
Happy new year to you all, 2019 was a complicated though blisteringly high return year for most market indexes and thankfully my own book of assets. It was a very selective year though with 5 mega cap stocks in the US making much of the index gains. It was another year where the base cyclical …
Its been a while since i updated here. The wave C in risk off that was forecast by the Swiss team just didn’t materialize. The technical setup was clear with multiple death crosses and the exploding challenges in the repo market along side many key markets weakening considerably or slipping into a technical recession inc …
Continue reading “Technical Analysis – SP500 Rotating Higher, Asia EM Breaking Out 5th Nov19”
I hope all are enjoying their summer breaks here. Certainly listed securities of all shapes and sizes are moving here and we see major new trends taking hold and old trends gradually breaking down. For those that have positioned correctly (and incorrectly alike) this is a wealth transformative period. Volatility and directional speed is likely …
Continue reading “Technical Analysis – Confirmed, Risk Assets in Wave 3 Breakdown -12th August19”
Its been a month since the last update but really major equity prices are barely any different. What has changed are rates at the ten year, the yield curve inversion and the price of precious metals which are at close to 5 yr highs. Lets skip to the guy’s views. Summary, the May price bottom …
Continue reading “Technical Analysis Update – “All Eyes On Rates” 17th June19″
Guys apologies for the delay in posting, Here the latest summary from yesterday. Thanks for the continued support.. US Risk: Since end Feb, there has been increasing selectivity in the US market but where an intact sector rotation and technology mega cap out performance has, so far, prevented a bigger pullback in the SP500. After …
Continue reading “Weekly Technical Analysis – Weak US Breadth, Asia EM Breakdown – 2nd May19”
Good evening guys, Apologies for the delay in posting. The long expected weakness in risk markets hasn’t shown as yet but the stresses remain in place (eg divergent 52 week highs for many indexes) despite some renewal in the cyclical themes, eg the Soxx making new all time highs or +40% in the last 3 …
Continue reading “Weekly Technical Analysis – “SP500 Minor Top” – 12th April19″
Apologies for the delay in posting this. This is last week’s update but the analysis is sound and I will update in the next 48hrs with the latest print. US Risk: After the early March risk pullback, following the tactical pattern, where into option expiration you often see the market holding up its 30 to …
Continue reading “Weekly Technical Analysis – “SP500 Tactical Weakness” 25th March19″
Good evening gents, It gives me great pleasure to bring you the latest update which to recap is an amalgamation of the traditional reports we used to run in their raw format re-rewitten by yours truly to comply with mifi2 regs. Ideas are not copy write, yet. Lets start with US Risk: The rebound in …
Continue reading “Weekly Technical Analysis – “SP500 End March Near Term Weakness” 13th March19″
Evening guys, For those that have sold, gone short or hedged this rally its been a patient trade for the last few weeks during which many indicators have been showing impending weakness but price has kept drifting high in this bear squeeze with an absence of any contrarian sentiment top in place. US Risk: This …
Evening gents and apologies for missing last week’s report point. All assets markets have a positive tail wind here with dovish comments from the several of the major central banks and what appears to be the last gasps of a renewal of the “bad news is good” theme of the last decade. Lead indicators like …
Continue reading “Weekly Technical Analysis – “SP500 Peak, US$ Strengthening” 19th Feb19″
I will update with this week tech report more fully as of Friday but for now a brief summary of where we are as i see it. First up – The lead US equity risk mkts – The Sp500 target of 2718 has clearly come into play as this corrective bounce plays out. Momentum is …
Continue reading “Weekly Technical Analysis – “SP500 Extending Corrective Bounce” 06th Feb 2019″