The Swiss team have done themselves proud once again. Words fail me. A superb analysis. Lets see if they can win the European technical team for 2013 as they did in 2012. To the report specifically. There is much to digest here. What I continue to admire about their approach is that it’s probability driven. …
Continue reading “2013 Technical Forecast, Cycles, Correlations, Inter Market Analysis & Comment..”
Another great and final macro technical report for 2012 from the Swiss team. I’m in the process of my annual migration to the mountains so i’ll simply post up the report for now. Weekly18-12 I’ll comment more meaningfully tomorrow but quickly I believe the rotation is in full motion against a back drop of multi …
Continue reading “Weekly Technical Comments – “Momentum Work Toppish, Watch Gold, EMs Bullish””
Seymour Equity have produced an outstanding report here. The attached document cuts to the core of the macro and cyclical issues facing the various asset classes. Its makes extensive use of the Kondratieff long wave theories and explains these for us. This is useful for those new to these theories. (Its worthy of note that Dr …
Continue reading “Seymour’s Equity Research – “Inflationary Deflation” Report”
Wells provide us the first 2013 fundamental projection report. Many more will follow of course and I’ll try and post up as many of these as I can to see what themes emerge. The Wells report is a US centric report, to my mind. I pick this single chart out from the report. This is …
Continue reading “WF Securities 2013 Fundamental Economic Forecast – “The New Normal””
Another great macro technical report from the Swiss team. There is a lot of detail in the report from regional index comment to sector comment to commodity comments. Its a full report which i find hard to disagree with. The cyclical story is unfolding. Fundamentally it remains unproven for the moment but technically there is …
SC stick to the same themes they have held for the last year now. Namely over weight high yield equities and FI and under weight cash, money market funds. They like oil and gold for the geo political hedges they provide. I also include their fx round up and forward looking which is released today. …
Continue reading “Weekly Market Roundup – “Over Weight High Yield Equities, Under Weight Cash””
The Swiss team remain bullish and pro risk. Near term they forecast these overbought conditions to be worked off a little before new highs are achieved. They remain true to their buy their cyclical forecasts though admit that these themes have disappointed thus far. They pick out the Shanghai and the gold miners are being …
Continue reading “Weekly Technical Comments – Near Term Overbought But New Highs For Q1 2013.”
Weekly20-11
Another solid report from the swiss team. They acknowledge the correction has “expanded” but they stick to their bullish call that this is a correction and rotation rather than the ending of the 2009 bull market. On the plus side the seasonals are good from here and many sectors remain constructive including many European markets. …
Continue reading “Weekly Technical Comments – “Oversold But (SP500) 1320 Possible to the Downside””
SC sticking to their defensive yielding blue chip equities theme. Buy the dips is their view with 1370 and 1345 buying zones in their opinion. Fund flows to fixed income and money market funds as well as the level of bearishness in the market leads me to mirror their view at present. I’m out of …
I’d like them to explain themselves a little more than they have done in the past but we have to hand it to the German team they have “nailed” the bullion weakness in recent months. Only the false break to the upside made the question their call and this questioning lasted only a week or …
Continue reading “Weekly Bullion Technical Comments – “Short Term Bearish, Medium Term Bearish””
An excellent report from the Swiss team. They correctly, in my opinion, highlight the consequences of the near term price supports giving way. “A daily close below 1395 (stop loss for tactical longs) would be, at least on the short-term basis, a game changer, suggesting more weakness into mid-November towards 1378/1370”. There remain lots of …
Continue reading “Weekly Technical Comments – “A Break of S&P 1428 Outright bullish””