The Swiss team’s latest report below. They retain their bearish call on equities and significantly call for a top in cyclical stocks and a re-rotation back into the defensive issues. Their words, also mine on the forum pages: “Make or Break Setup in US Cyclical Performance” This issue cuts to the core of the sustainability …
Category Archives: PMs
Proprietary Sector Tech Comments – Dow30 & Euro Cyclicals
I would encourage all readers of the “latest news” pages on Capitalsynthesis.com (around 500 unique visitors daily) to regularly check and preferably contribute to the forum pages. The content on the forum pages is far greater and the analysis deeper. Here below I re-post a couple of the recent forum comments. From Saturday 13th July: …
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Week Ahead Tech Comments – “Bullish Bullion, Bearish GBP”
A new trading week awaits us with some key equity index levels as well as fx levels fast approaching. First up a very useful report from citi. They are bullish for this week on the bullion, WTI, and bearish the GBP. On WTI if price breaks the 110 level 145 will come into play. This …
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Weekly Technical Comments – “Short Term, Sell into Strength, Medium Term, Weekly S&P Sell Signal Triggered”.
As expected, we have seen a decent bounce from the report two weeks ago but no key levels have been broken here. The bounce has been swift but narrow with a new higher high in very few sectors though inc US finance, ( US Oil & Gas is very close) and in Europe only travel …
Weekly Multi Market Technical Comments – “Set Up For The Deflationary Trade”
The latest report from the Swiss team is about as bearish a report as I have read for some time. The final top call for the last remaining bull equity market is in place, according to the team ie the SP500 top is in place. The Asian markets are in melt down. European markets topped …
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Bullion Weekly Technical Comments – “Near Term Consolidation”
Bullion sentiment, already in the doldrums has managed to sink even lower following the recent new collapse in the asset class. http://www.bloomberg.com/news/2013-06-20/gold-trade-most-bearish-since-10-as-fed-spurs-drop-commodities.htm The latest report from the commitment of traders will make interesting reading later today as will the JPM physical position, no doubt. But even the sentiment is now so low I would guess …
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Weekly Technical Comments – “Too late to buy but also too early to sell, on a broader base”.
Its been a couple of weeks since posting here due to holidays. Therefore its a double bill set of reports from the Swiss team as follows. First up for the Swiss team we must say congratulations as they have again won this year’s Extel survey as best European technical report. Congratulations to the guys. Compared …
Weekly Technical Comments – “Corrective Trading Low This Week – Rally To Restest Highs “
Here without more delay the Swiss team’s latest outstanding tech report. I’m under time pressure here so a review of this briefing tomorrow afternoon. I can say briefly that their report re-confirms my own independent tech analysis here and now. The HGX & lumber tops are important and part of the evidence that this ‘recovery’ …
Sunday Reflection & Analysis Of The Near Term Equity Bear Technical Case..
Hey Guys, I trust you are all having a hugely productive and or relaxing Sunday. Volatility has been stepping up across asset markets in the last few weeks. From fixed income to equities to commodities volatility is increasing here so its correct to take a step back and double check where we are. Its the …
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Weekly Technical Comments – “S&P500 Consolidating but Final Top Still Missing”
The Swiss team put in a solid report below. Across multiple instruments and markets we have choppy conditions that signify distribution rather than meaningful tops and bottoms for the moment. “Again, there is no top without distribution and/or a top formation, and as the May 22nd top was a high momentum top, we have neither …
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Weekly Technical Comments – “Materials Breakout & Buy Bullion in next 5 to 10 Trading Sessions”
The Swiss team have re-grouped and come back fighting. They didn’t get the pull back their models suggested. It has taken a month or so for them to really digest/accept this and re-set. We all learn by the rod here that you can’t get stubborn on these things. We are all paid on price and …
Weekly Technical Comments – “5% to 8% correction into June/July but a change to our cyclical road map”
We have for several weeks discussed, on the forum pages as well as editor comments, that the technical report produced by our Swiss colleagues had got their near term calls wrong. That, instead, the US equity markets displayed more technical strength than they had accounted for but this didn’t sit neatly with their cyclical model. …