The Swiss team produce another excellent report. Everything from market internals to mathematical over bought indicators, divergence between momentum and price as well as sentiment indicators are suggesting a near term correction or extended range consolidation period for equity indexes. (I could add leverage levels and low volume ratios as well vix and a number …
Continue reading “Weekly Technical Comments – “Don’t Chase Risk””
“I will tell you what it will shackle us to. It will shackle us to reality. For good or for ill, it will shackle us to reality. That is the only basis upon which we shall be standing, and I believe it to be the only basis which offers any permanent security for our affairs. …
Apologies for anyone who missed the report being published earlier this week. I did publish the report on the forum pages. And indeed I let a contract go on silver myself earlier in the week due to the struggle we are having on multiple correlated industrial instruments here. The supports should be noted in the …
The Swiss team’s latest report below. Conditions are becoming over bought across many sectors. The internals of 52wk highs not confirming the breakout. Sentiment close to contrarian levels. Things do appear to be setting up for some sort of correction but the price actions doesn’t indicate a top as yet, as they point out. Energy …
Continue reading “Weekly Technical Comments – “Air is Getting Thin””
The German team correctly called last week’s strength. On this basis they are calling for a near term bit of consolidation before the medium term bull resumes. Key levels remain where they were on the prior week. Platinum has surged 10% from the start of 2013 and achieving 11 month highs. And for the first …
The German team stick to their guns that the short term moves lower at the end of 2012 have not ended the secular bull trend in the bullion. Therefore Gold 1625 and Silver 29.1 should mark the bottom of the recent weakness allowing the short and medium term uptrend to resume. Pattern wise we have …
Continue reading “Weekly Bullion Technical Comments – Short and Medium Term Bullish”
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..”
Here below a fundamental economic report providing an economic outlook on the Nordic region care of Nordea. The report makes clear the lower growth projections for Sweden and Denmark for 2013. Norway is set to expand more rapidly than 2012 and Sweden more slowly. Both events will each create interesting dilemmas for their central banks …
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”
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””