Another strong (and bullish) report from the Swiss team. I’ll leave the detail to you. Report below. Regarding my own book, I expected the cyclical stocks to be in the front line of the recent correction but this is not what has occurred. Cyclical themes usually provide a beta to the overall market both up …
Continue reading “Weekly Technical Comments – “Buy The Dips on Cyclical Themes””
Below David Einhorn’s Q3 letter to shareholders. Einhorn has become one of the great hedge fund managers so its worth giving his letter a little time to hear what he says. For note he finished Q3 strongly at +13%. Since 1996 he has achieved an annualized 21.5% return at his firm, Greenlight Capital. For regulars …
I must say the more time I see the Swiss team tested the more i like their methodology. Their approach is current best practice and its worth has been tested over and over in the time we have been following them. To the report. An outstanding report once again. The only level i would question …
Continue reading “Weekly Technical Comments – “Buy into Weakness S&P500 1395/1400””
Hey guys here below the German teams comments on the precious metal markets. They hedge their bets this week with a neutral stance on the short and medium term. But remain bullish longer term. Two scenarios.. The bullish scenario is for gold to hold above the 1724 level and eventually breaks the 1800 level which …
Continue reading “Weekly Bullion Technical Comments – “1724 Crucial Support, 1800 Key Resistance””
Apologies for the delay in posting up Standard’s report. The SC team have become shorter term bearish it seems but medium and longer term remain committed to their long defensive equities, gold and oil position. If the recent weakness breaks the recent up trend they recommend using the weakness to add to positions. I would …
Continue reading “Weekly Market Roundup – “Short Term Risks Of Mild Correction””
The Swiss team sticking to their pro material and cyclical bullish theme again. They observe the strong rally in defensive and admit being surprised by the relative strength. On the break of 1430 they explore possible alternative scenarios and interestingly the possibility of an early q4 correction in markets. They maintain that this is a …
Continue reading “Weekly Technical Comments – “Price Structure Remains Bullish Above S&P1430””
An excellent report as usual. Ill leave specific comments for now until i have a little more time but here below the pdf. My brief single comment here, if i may, is that over bough technical indicators can remain over bought for an extended period so whilst i agree I maintain that the next week …
The German team maintain the most likely out come of this rally is for gold to be capped at her resistance of 1803 and silver at 35.5. They have now entered a few words on what would occur if these go. In essence the 1900 would come into play quickly but they maintain this is …
Continue reading “Weekly Bullion Technical Comments – ‘Gold To Retest 1803 & Silver 35.5’”
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 German team remain bearish the precious metals.With targets of 1690 or so for Gold and 32.5 or so for Silver. I’m struggling to understand the detail of their call though as the only evidence provided is bearish price divergence to RSI. The RSI is one of the weakest price indicators and should be used …