The Swiss team’s latest report is out. They continue their uber bullish call and expect 1470 to give way soon. There is much detail around instruments and levels to add but I’ll come back to all this later. They are bullish AUD vs the USD but I’m playing the AUD not vs the USD buy …
Continue reading “Weekly Technical Comments – “Target S&P500 1520 & Asia in Breakout””
SC’s weekly roundup and recommendations below. An excellent report as usual without any major changes to their stance from last week. They sight “many clouds on the horizon” and a short term risk of a correction in asset markets. They would use the opportunity of a decent correction to buy more of their preferred assets …
Continue reading “Weekly Roundup – “Clouds on Horizon” But Positive “Structural Drivers Intact””
Deutsche have released a very lucid and frank report on the global economy, precious metals and new global phenomena of ‘consumerism”. Their findings are unsurprising to the contributors of this website. Of more surprise is the fact that these views are becoming wide spread. Even the most optimistic of investment bank analyst teams is now …
The weekly SC report wasn’t published last week due to holidays in the team. In stead I post up their monthly report. SC remain bullish on the markets though under weight materials and cyclical stocks in general. They debate the low vix vs the bullish erp reading with the summary being for a short term …
Continue reading “Weekly Round Up – “Short Term Pull Back But Equity Markets Offer Great Value””
The Swiss team are torn between near term mild over bought indicators suggesting some profit taking and the strong bullish internal technicals of increasing new 52 week highs and increasing volumes. Sector wise they are pro cyclical stocks advocating material themes. “We see any near-term weakness only as a temporary pause, so that we would …
Continue reading “Weekly Technical Comments – “A Break of 1470 Would Call For 1490””
Another excellent report, in my view, from the guys at SC. Breakouts for the DOW, SP500 & Nas100 is positive US equities. Many emerging market indexes have also bounced up a long way and the Shanghai significantly stepping back from a continuation of breakdown through her support levels producing a possible failed breakdown which always …
Continue reading “Weekly Roundup – “Risk On Rally Likely to Continue””
After a two week vacation the Swiss technical team are back on duty and although reporting over bought conditions for risk assets are seeing any pull backs as top up opportunities. Indeed their analysis across fx and individual asset classes is super bullish, a Q4 pull back aside. Ill update this note later when i’ve …
Continue reading “Weekly Technical Comments – “Break of 1422 S&P Opens Targets 1470 & 1520””
Ive been following SC’s (high net worth private client) wealth management weekly report for a while. To my mind its been accurate and timely in its recommendations and insights. It nicely brings together the key fundamental and technical strands of world asset markets, monetary and fiscal policy all in one weekly report. The ECB’s unlimited …
Continue reading “Weekly Roundup – “ECB’s ‘Unlimited Action Changes the Risk Reward Dynamics””
This week’s report from the Swiss team follows on from last week’s whereby they are shifting their medium term technical projections towards a bullish scenario. They have moved back their timeline to mid end Sept for a correction. They now expect 1422 to be broken to the upside in the near term. They state an …
Continue reading “Weekly Technical Comments – “A Break of 1422 Opens The Door to 1470””
The Swiss team have stepped back from their 1200 spx target for later this year. Near term they expect a pull back due to over bought conditions. On the medium term they continue to expect a more significant correction in the indexes of 5 to 8%. The recent sector rotation is a positive signal though …
Continue reading “Weekly Technical Comments – “S&P Overbought but Rotation Positive””
As I suspected the Swiss team are very much where they were a week ago. Insufficient levels have really be broken here. This should come as no surprise until one of the major central banks takes meaningful monetary action. The technicals are confirming the fundamentals of where we are at present. Its a case of …
Continue reading “Weekly Technical Comments – “Make or Break””
As we sit here waiting for central action, or not, technical indicators are demonstrating significant moves in either direction. The Swiss team are using the “make or break” term here and now. I’ll leave all the detail on levels and various asset classes to the report. They do an excellent job of summing up things …
Continue reading “Weekly Technical Comments – Markets on a “Knife Edge””