An excellent review and forecast equities strat from the team at BarCap. Note: “Within the Stoxx 600, the Insurance, Telco and Banks sectors showed the strongest out performance and ended the month up 8.2%, 6.7% and 5.7% respectively”. The alpha in the month was indeed the Insurance sector which was the over weight allocation here …
Continue reading “BarCap-Equities Strategy – 05th Nov13 “Cyclicals Outperform””
The usual award winning technical analysis from the usual Swiss team. They have firmed up on the recent technical improvement across indexes. They are no longer forecasting a correction near term. Their cyclical model remains as was previously ie a deep correction into early 2014. Its the FX markets that are providing the fizz at …
Continue reading “Weekly Multi Market Technical Analysis – “SP500 Consolidation” 05th Nov13″
The team coming out with their new report today and maintaining their long euro positions in line with recent trend in spite of Thursday’s excitement. I don’t see anything as yet technically to undo the euro long bias vs the us$. Fundamentally the euro monetary picture remains tight and therefore positive vs the US$ and …
Continue reading “SChartered – Weekly FX Technical Analysis – 04th Nov13”
Some great reports from the JP team here below. The equity report needs some thoughtful comments. The FX is inconclusive as yet, imo. Participants are collecting again around the themes of a weaker euro and gbp vs the US$ . Here some FX reports to start proceedings. JPM-FXtechstrat-31-10-13 JPM-FXDaily-01-11-13 JPM-FXUpdate-01-11-13 The fundamental case contra the …
Continue reading “JPM-FX & Equity Reports – “Eurusd Impressive But Not Conclusive, Yet””
The usual excellent Commerz weekly technical report on the commodity fm pairs. Here the report: CommerzB-CommodityFX-30-10-13 rich
Good report hitting the key trades at present and their tech view, strat and levels. Commerz-fxstrat-30-10-13 Rich
Here JPM on the daily report. Like JP i’m also involved in fishing for gbp weakness here. JP in the trade and aiming for the next cyclical trend. In their sights, and others, is weakness in the GBP. As they acknowledge the trend is not there yet but they are fishing and the trade has …
Good report here from CS Wealth. No surprise to hear some participants calling the bottom in 2009 the start of a new secular bull market for equities! When more participants start making this call it will certainly be a good contrarian indicator. Its a consensus view with calls for more compression on high yield, out …
Continue reading “CS Wealth – Monthly Global Strategy – November13”
Its Fed day and we see the Bullion and FX at some key levels here. The Commerz technical report here below and the team wanting to see a clear break of 1359 gold bullion and 23.14 on silver. The Silver chart has distributed recently. If she breaks above this resistance she should move with momentum …
Continue reading “CommerzB – Bullion Weekly Tech – 29th Oct13”
Here Nordea with a well reasoned more fundamental based report inc some price work. Its not a bad read and some they pick up nicely on the macro issues surrounding the NOK. Here: Nordea-fxwklystrat-29-10-13
Here a nice traditional price technical round up by the tech team at BarCap. Barcap-wklyglobaltech-28-10-13 To counter the above tech bearish view on WTI, post the likely near term bounce, here a Barcap, more bullish, fundamental perspective re the troubles in supply from Libya and Iraq, released yesterday. barcap-oil-fundamentals-28-10-13 Last week, sector wise the European …
Continue reading “BarCap-Global Instruments Technicals & Oil Supply Issues – 28th Oct13”
Its amazing how quickly the vultures circle. The GBP is back on the menu vs the USD and EUR here. Participants need a target and a trend to ride. With so many loosening UK announcements from the BOE as well its government in recent weeks and with its money supply expanding quickly its clear the …
Continue reading “JPM-Wkly FX Technicals 28th Oct13 – “GBP on the Brink””